tomo logo

$364,999

Beds
3
Baths
2.0
sq ft
1,622

807 Lucille Ave, Nokomis, FL 34275

807 Lucille Ave

NOKOMIS, FL 34275

  • 16 days on market
    • Price drop $285,000↓
This Nokomis Waterfront property offers an incredible opportunity in a rapidly developing neighborhood with limitless potential. The main residence boasts three bedrooms and two bathrooms, along with a permitted, detached efficiency dwelling that’s perfect for guests, a mother-in-law suite, or rental income. Situated on a quiet dead-end road, the property is next to a County-owned boat ramp, providing easy access to boating adventures. The expansive lot, just shy of 12,000 square feet, offers views of Shackett Creek and easy access to Dona Bay and the Gulf, making it an ideal location for water enthusiasts. Enjoy stunning sunsets each evening from the spacious, covered, and screened back porch. With No HOA and No Deed restrictions, there’s ample room for boat, RV, and trailer parking. The property features a new septic system, including a tank and drain field, installed in 2018, as well as a newer AC system. Minimal storm damage has occurred, with cleanup already completed. A large shed in the fenced backyard, along with tropical landscaping, further enhances the appeal of this home. The property’s prime location, just minutes from Nokomis Beach and the Island of Venice, provides great rental potential.

Details

Property type

Single Family Residence

Est. home value

$388,501

Lot size

0.27 acres

Price per sq ft

$226

Year built

1956

Annual property taxes

$3,171

HOA

No

Price History

02/11/2025
StellarMLS

StellarMLS #N6137048

Price change
$364,999
-43.85%
02/07/2025
StellarMLS

StellarMLS #N6137048

Listed
$649,999
+58.54%
08/13/2024
StellarMLS

StellarMLS #A4615717

Sold
$410,000
+2.53%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$94,962
Asking price
$364,999
Closing costs (~8% of asking)
-$29,200
Est. remaining loan balance
-$240,837
Cash to seller
$94,962

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

May 2021

Original loan amount

$261,250

Est. remaining balance

$240,837

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Cody Taylor and Audrey Blaker

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 9:35 AM

Listing updated: 02/12/2025 at 10:57 AM

Listed by: Charles Walcott, IV, AYERS AND ASSOCIATES REAL ESTATE Phone #: (941) 837-2778

MLS: StellarMLS #N6137048

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