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Wade M. Berlin

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552 Briarwood Road
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PRICED AT ONLY: $440,000

Address: 552 Briarwood Road, VENICE, FL 34293

Description

Renovated Duplex in Venice Gardens | 8.7% 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.
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  • MLS#: A4660433 ( Residential Income )
  • Street Address: 552 Briarwood Road
  • Viewed: 9
  • Price: $440,000
  • Price sqft: $206
  • Waterfront: No
  • Year Built: 1973
  • Bldg sqft: 2140
  • Bedrooms: 4
  • Total Baths: 4
  • Days On Market: 29
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Private Mailbox
  • Flooring: Luxury Vinyl
  • 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
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Electricity Connected, Sewer Connected, Water 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: Microwave, Range, Refrigerator
  • Country: US
  • Interior Features: Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters
  • Legal Description: LOT 1318 VENICE GARDENS UNIT 29
  • Levels: One
  • Area Major: 34293 - Venice
  • Occupant Type: Tenant
  • Parcel Number: 0436070021
  • 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