552 Briarwood Road, VENICE, FL 34293
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- MLS#: A4660433 ( Residential Income )
- Street Address: 552 Briarwood Road
- Viewed: 4
- Price: $440,000
- Price sqft: $206
- Waterfront: No
- Year Built: 1973
- Bldg sqft: 2140
- Bedrooms: 4
- Total Baths: 4
- Days On Market: 10
- Additional Information
- Geolocation: 27.0682 / -82.4052
- County: SARASOTA
- City: VENICE
- Zipcode: 34293
- Subdivision: Venice Gardens
- Elementary School: Garden
- Middle School: Venice Area
- High School: Venice Senior
- DMCA Notice
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DescriptionRenovated Duplex in Venice Gardens | 9.3% Cap Rate | No Flood Zone | Portfolio Deal Available Put your money to workskip the volatility of the stock market and invest in a stable, cash flowing duplex in a high demand location. 552 Briarwood Rd offers a strong 9.3% cap rate, no rental restrictions, and long term tenants already in place, making it a prime opportunity for both investors and owner occupants. This property features two 2 bedroom, 1.5 bathroom units. One side has been completely gut renovated, while the other has been thoughtfully modernized with new paint, lighting, fixtures, and luxury vinyl flooringa perfect blend of turnkey income and long term durability. Each unit is individually metered for water and electric. Generating $40,200 in annual gross income, this property nets $38,580 after minimal annual expenses of just $1,620. Block construction, central utilities, and a prime location close to beaches, shopping, and schools round out the offering. There are very few income properties like this that become availableespecially ones this clean, updated, and already producing. Currently, four of these duplexes on Briarwood Rd are available and can be packaged together as a portfolio dealideal for investors looking to scale fast. Call to inquiry on purchasing portfolio deal of 460, 528, 544 and 552 Briarwood Road. Dont miss your chance to lock in reliable rental income from day one.
Property Location and Similar Properties
Features
Appliances
- Microwave
- Range
- Refrigerator
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- Central Air
Country
- US
Covered Spaces
- 0.00
Exterior Features
- Private Mailbox
Flooring
- Luxury Vinyl
Garage Spaces
- 0.00
Heating
- Central
High School
- Venice Senior High
Insurance Expense
- 0.00
Interior Features
- Living Room/Dining Room Combo
- Primary Bedroom Main Floor
- Solid Surface Counters
Legal Description
- LOT 1318 VENICE GARDENS UNIT 29
Levels
- One
Living Area
- 1566.00
Middle School
- Venice Area Middle
Area Major
- 34293 - Venice
Net Operating Income
- 0.00
Occupant Type
- Tenant
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Parcel Number
- 0436070021
Property Type
- Residential Income
Roof
- Shingle
School Elementary
- Garden Elementary
Sewer
- Public Sewer
Tax Year
- 2024
Tenant Pays
- Electricity
- Sewer
- Water
Township
- 39S
Utilities
- BB/HS Internet Available
- Electricity Connected
- Sewer Connected
- Water Connected
Virtual Tour Url
- https://www.propertypanorama.com/instaview/stellar/A4660433
Water Source
- Public
Year Built
- 1973
Zoning Code
- RMF1