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Osprey 34229 Southbay Yacht and Racquet Club
1291 Flying Bridge LANE
$380,000
● House - Off Market

1291 Flying Bridge LANE

OSPREY, FL 34229
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,505 Ft²
$960,790
RealtyHop Estimate
118.86%
Since Jun 1, 2011
National-US
Primary Model

About This Property

This newer home was custom built in 1990 and is perched upon a corner lot. The split-plan home has a large master suite, with walk-in closet, as well as 2 other generous sized bedrooms. The kitchen is brand new with granite counters and an eat-in area,adjoining  the family room, all overlooking the pool and lanai. Additionally there is a formal dining room and a living room, all in just over 2500 s.f. There is a plenty of room in this very comfortable well-maintained home. NOT A SHORT SALE.
Unit Size
2,505 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$175
Property Type
House
Property Taxes
$408
HOA Dues
$109
Year Built
1990

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (Stellar MLS #A3936105)

Price History

Date / Event Date Event Price
Jun 1, 2021 Sold
Premium
Sold
May 11, 2011 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 889
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 125

    Dimensions

  • Lot Size Square Feet: 14,780
  • Lot Size Frontage Feet: 10
  • Total Building Area: 3,898
  • Gross Building Area: 3,898
  • Building Area: 3,009
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,009
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTHBAY YACHT & RACQUET CLUB
  • Land Acres: 0000000339
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 153 SOUTHBAY YACHT & RACQUET CLUB

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 G054 W056
  • Census Tract: 002102

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 32C
  • Account Number: 0157150010
  • Subdivision Tract Number: 1854
  • Parcel: 0157-15-0010
  • Lot: 153
  • Meridian: SEC 15 TWN 38S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.1767
  • Longitude: -82.4866

    Address

  • Full Address: 1291 Flying Bridge Ln
  • Address - House Number: 1291
  • Address - Street Name: Flying Bridge
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Osprey
  • Carrier Code: R001
  • 4-Digit Zip Code: 9747
  • Zip Code: 34229

Valuation

    Tax

  • Total Area: 4,281
  • Tax Year: 2023
  • Tax Amount: $1,042,951
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.1931
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 1,228,022
  • High Value: 1,465,229
  • Low Value: 990,816

    Market Valuation

  • Market Total Value: $924,500
  • Market Land Value: $339,600
  • Market Improvement Value: $584,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $901,765

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 18, 2021
  • Current Sale Recording Date: Jun 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021101942
  • Previous Sale Recording Date: May 11, 2011
  • Previous Sale Contract Date: Apr 04, 2011
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Southbay Yacht and Racquet Club

Stats & Trends

Median Asking:

$1,135,000

Sale Price/ft²

$445

Below Asking

0.06%

Average Days on Market

103

Average Home Size

3288 ft²

Average Home Age

37.5 years

Currently For Sale

8 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2340 Palmetto Street, NOKOMIS, FL, 34275

$3,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,955 ft²
2340 Palmetto Street, NOKOMIS, FL, 34275 Listing by Beth Dilley
Unit for rent at 4401 Conchfish Lane, OSPREY, FL, 34229

$3,295 /mo

  • 4 Beds
  • 3 Baths
  • 2,370 ft²
4401 Conchfish Lane, OSPREY, FL, 34229 Listing by Klara Mrcela

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: JENNIFER GARRABRANT
Premier Sotheby's Intl. Realty
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# A3936105
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1291 Flying Bridge Lane built and last sold?
The property at 1291 Flying Bridge Lane was built in 1990 and last sold on May 18, 2021 for $975,000.
How much is this home worth?
The estimated value of the home located at 1291 Flying Bridge Lane is $0.
What are some comparable homes to 1291 Flying Bridge Lane?
There are currently no comparable homes to 1291 Flying Bridge Lane.
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