by Global Lifestyle Properties

See Home Value
$415,000
● House - Off Market

1117 COLLETON DRIVE

SARASOTA, FL 34234
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2,615 Ft²
$3,137
Est. Monthly
8.21%
Cap Rate

About This Property

An exceptional real estate opportunity!! Located within the City Limits this property features 3 houses on a single, generously sized parcel of over a third of an acre. This property includes a comfortable 2 bedroom, 2 bathroom main house, a 1 bedroom 1 bathroom second house ideal for guests or potential income, and a convenient efficiency apartment complete with a kitchen. Two stand-alone storage sheds provide practical storage solutions. Zoned RTD-9, the property offers versatility for light commercial use. This property has many possibilities, whether you're considering multi-generational living or seeking an investment opportunity. Each structure has a newer metal roof installed in 2021. Located just north of downtown Sarasota ensures easy access to the new Bay Front Park, Ringling College of Art and Design, Sarasota Airport, and Indian Beach. Call to schedule a showing today.
Unit Size
2,615 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$210
Property Type
House
Property Taxes
$435
HOA Dues
-
Year Built
1957

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Cap Rate Calculator

Last updated: 3 years ago (Stellar MLS #A4578689)

Price History

Date / Event Date Event Price
Dec 4, 2023 Sold
Sold
Oct 30, 2023 In contract -
In contract
Oct 13, 2023 Price Decreased $550,000
↓ $50K (8.3%)
Price Decreased
Aug 4, 2023 Listed by MICHAEL SAUNDERS & COMPANY $600,000
Listed by MICHAEL SAUNDERS & COMPANY

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1992
  • Building Count: 3
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 34
  • Exterior Walls Type: 12
  • Interior Walls Type: 6
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 266
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 0
  • Location Influence Type: 125

    Dimensions

  • Lot Size Square Feet: 16,034
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 1,110
  • Total Building Area: 2,615
  • Gross Building Area: 2,615
  • Building Area: 2,615
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,615
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND PINES
  • Land Acres: 0000000368
  • Standard Land Use Code: 1110
  • County Land Use Code: 0810
  • State Land Use Code: 008
  • Legal Description 1: LOTS 8 & 9 BLK N HIGHLAND PINES

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: T02 T02D A055
  • Census Tract: 000200

Zoning

  • Zoning: RTD9

Geography

  • Assessors Map Reference: 3
  • Account Number: 2005010068
  • Subdivision Tract Number: 352
  • Parcel: 2005-01-0068
  • Block: N
  • Lot: 8,9
  • Meridian: SEC 12 TWN 36S RNG 17E
  • Municipality: CITY OF SARASOTA
  • Latitude: 27.3666
  • Longitude: -82.5488

    Address

  • Full Address: 1117 Colleton Dr
  • Address - House Number: 1117
  • Address - Street Name: Colleton
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C099
  • 4-Digit Zip Code: 5322
  • Zip Code: 34234

Valuation

    Tax

  • Total Area: 1,851
  • Tax Year: 2023
  • Tax Amount: $530,473
  • Tax Rate Code Area: 0200

    Appraisal Valuation

  • Standard Deviation: 0.4696
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 6
  • Final Value: 378,536
  • High Value: 556,307
  • Low Value: 200,764

    Market Valuation

  • Market Total Value: $333,800
  • Market Land Value: $102,900
  • Market Improvement Value: $230,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $333,800
  • Assessed Land Value: $102,900
  • Assessed Improvements Value: $230,900

    Sales

  • Current Sale Contract Date: Nov 28, 2023
  • Current Sale Recording Date: Dec 04, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 179232
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Bayou Oaks


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Frequently Asked Questions

When was property at 1117 Colleton Drive built and last sold?
The property at 1117 Colleton Drive was built in 1957 and last sold on Nov 28, 2023 for $415,000.
How much is this home worth?
The estimated value of the home located at 1117 Colleton Drive is $0.
What are some comparable homes to 1117 Colleton Drive?
There are currently no comparable homes to 1117 Colleton Drive.