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Wade M. Berlin

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460 Briarwood Road
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PRICED AT ONLY: $440,000

Address: 460 Briarwood Road, VENICE, FL 34293

Description

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 Gardensoffering 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 fixturesmaking 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 dealideal for investors looking to scale fast. Call to inquiry on purchasing portfolio deal of 460, 528, 544 and 552 Briarwood Road. Opportunities like this dont hit the market oftenact now!
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  • MLS#: A4660407 ( Residential Income )
  • Street Address: 460 Briarwood Road
  • Viewed: 10
  • Price: $440,000
  • Price sqft: $205
  • Waterfront: No
  • Year Built: 1972
  • Bldg sqft: 2146
  • Bedrooms: 4
  • Total Baths: 4
  • Days On Market: 28
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Private Mailbox
  • Flooring: Ceramic Tile
  • Living Area: 1566.00
  • Roof: Shingle
School Information
  • High School: Venice Senior High
  • Middle School: Venice Area Middle
  • School Elementary: Garden Elementary
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Electricity Connected, Public, Sewer Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Electricity, Sewer, Water
Other Features
  • Appliances: Range, Refrigerator
  • Country: US
  • Interior Features: Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters
  • Legal Description: LOT 1301 VENICE GARDENS UNIT 24
  • Levels: One
  • Area Major: 34293 - Venice
  • Occupant Type: Tenant
  • Parcel Number: 0436060020
  • View: Trees/Woods
  • Views: 10
  • Zoning Code: RMF1
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin