4 Beds
4 Baths
1,686 SqFt
4 Beds
4 Baths
1,686 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,686 sqft
Price per Sqft $260
Subdivision Venice Gardens
MLS Listing ID A4660436
Bedrooms 4
HOA Y/N No
Year Built 1973
Annual Tax Amount $4,259
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 79x110
Property Sub-Type Duplex
Source Stellar MLS
Property Description
Why gamble on the stock market when you can lock in steady returns with this cash-flowing duplex in the heart of Venice Gardens? 544 Briarwood Rd is a fully occupied, income-producing duplex offering a strong 9.4% cap rate and no rental restrictions, making it a perfect fit for both seasoned investors and owner-occupants.
Each unit includes 2 bedrooms and 1.5 bathrooms, with secure, long-term tenants already in place. Recent improvements include a new roof, updated flooring, fresh interior paint, and refreshed bathroom vanities and fixtures—delivering peace of mind and minimal upkeep for years to come.
This property brings in $42,900 in annual gross income with net operating income of $41,280, and annual expenses are impressively low at just $1,620. Located outside of the flood zone, with individual utility metering and solid block construction, this is the type of reliable asset that rarely hits the market.
Whether you're building your portfolio or looking to live in one unit while renting the other, this is your chance to own a high-performing duplex in one of Venice's most convenient and stable neighborhoods.
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.
Income opportunities like this are limited—secure it while you can!
Location
State FL
County Sarasota
Community Venice Gardens
Area 34293 - Venice
Zoning RMF1
Interior
Interior Features Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters
Heating Central
Cooling Central Air
Fireplace false
Appliance Range, Refrigerator
Laundry Corridor Access, Inside
Exterior
Exterior Feature Private Mailbox, Rain Gutters
Utilities Available BB/HS Internet Available, Electricity Connected, Public, Sewer Connected, Water Connected
Roof Type Shingle
Porch Covered, Rear Porch, Screened
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Schools
Elementary Schools Garden Elementary
Middle Schools Venice Area Middle
High Schools Venice Senior High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4660436
Learn More About LPT Realty
Sales Executive | License ID: SL3522272