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217 CHARLES DRIVE
About This Property
Welcome to 217 Charles Drive, a charming 2-bedroom, 2-bath waterfront cottage nestled on nearly half an acre in the heart of Nokomis. This unique home offers the perfect blend of Old Florida character and modern possibilities, with direct canal access and only six homesites separating you from Blackburn Bay and the Intracoastal Waterway.
Situated on an impressive 172 feet of waterfront, this property features a private dock complete with water and electricity, ideal for boating, fishing, and enjoying Sarasota's coastal lifestyle. The oversized garage provides ample room for cars, a boat, or additional storage, while the 31-foot lanai invites you to relax and soak in peaceful water views year-round.
Inside, the home's open layout creates an inviting flow from the kitchen to the living and dining areas, making it easy to entertain. Built in 1979 with timeless cedar siding and a durable metal roof, the home has been thoughtfully designed with both function and charm in mind. A detached shed adds extra storage space for tools, kayaks, or outdoor gear.
Perfect as a full-time residence, seasonal retreat, or future dream-home site, this property offers endless opportunities. With nearly half an acre of land, lush natural surroundings, and quick access to Nokomis Beach, Venice, and Sarasota, it's an unbeatable location for anyone who wants to enjoy the Gulf Coast lifestyle.
Don't miss this rare chance to own waterfront property in one of Nokomis' most desirable boating communities.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2026 | Sold | ||
| Sold | |||
| Sep 5, 2026 | In contract | - | |
| In contract | |||
| Aug 12, 2026 | Price Decreased |
$395,000
↓ $30K
(7.1%) | |
| Price Decreased | |||
| Jul 18, 2026 | Relisted | $425,000 | |
| Relisted | |||
| Jul 4, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017