Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
1972
Sq.Footage
1,566
Investor Opportunity – Turnkey Duplex in Venice Gardens | 8.9% Cap Rate | Portfolio Deal Available Looking for a smart place to park your money? Skip the stock market and invest in a steady income stream with this fully occupied 2-unit duplex in sought-after Venice Gardens—offering a strong 8.9% cap rate and no rental restrictions. Each side features 2 bedrooms and 1.5 bathrooms, with secure, long-term tenants already in place. Recent upgrades include a new roof, updated flooring, fresh paint, and modern vanities and fixtures—making this a low-maintenance addition to your portfolio. The property generates $40,800 in annual gross income with minimal expenses of just $1,620, delivering a net operating income of $39,180. Utilities are individually metered for tenant accountability, and best of all, the property is not located in a flood zone. Block construction, public utilities, and a central location near beaches, shopping, and schools make this a dependable and desirable investment. Whether you're expanding your portfolio or planning to live in one side and rent the other, this duplex delivers reliable returns and long-term value. Currently, four of these duplexes on Briarwood Rd are available and can be packaged together as a portfolio deal—ideal for investors looking to scale fast. Call to inquiry on purchasing portfolio deal of 460, 528, 544 and 552 Briarwood Road. Opportunities like this don’t hit the market often—act now!
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central
Exterior
-
Garage
No
-
Construction Materials
Block, Concrete
-
Patio and Porch Features
Covered, Rear Porch, Screened
-
Pool
No
-
Waterfront YN
NO
-
View
Trees/Woods
Area & Lot
-
Lot Size(acres)
0.19
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$440,000
-
Tax Amount
3894.87
-
Sq. Footage
1, 566
-
Price/SqFt
$280
HOA
-
Association
NO
School District
-
Elementary School
Garden Elementary
-
Middle School
Venice Area Middle
-
High School
Venice Senior High
Property Features
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
1301
-
Water Source
Public
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Location
County
Sarasota
Elementary School
Garden Elementary
Middle School
Venice Area Middle
High School
Venice Senior High
Listing Courtesy of Rachel Tritschler , RE/MAX ALLIANCE GROUP
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