$420,000

$268/sq ft

$20,000
Price Decreased

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Overview

Bedroom

4

Year Built

1973

Sqft

1566

Property Type

Duplex

Property Description

Renovated Duplex in Venice Gardens | 8.7% Cap Rate | No Flood Zone | Portfolio Deal Available Put your money to work—skip 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 flooring—a 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 available—especially 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 deal—ideal for investors looking to scale fast. Call to inquiry on purchasing portfolio deal of 460, 528, 544 and 552 Briarwood Road. Don’t miss your chance to lock in reliable rental income from day one.

Property Details

MLS#

A4660433

Address

552 BRIARWOOD

City

Venice

State/county

FL

Zip/Postal Code

34293

Area

Venice Gardens

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$4,159

Maint Fee

$--

Tax Year

2024

Microwave

Range

Refrigerator

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Boris Gelfand