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Map
2404 BISPHAM ROAD
About This Property
The existing home presents an excellent opportunity for renovation as a fixer-upper or can serve as a rental while planning future improvements. Outside, you'll find a private swimming pool and an expansive partially fenced backyard with ample space for recreation, gardening, RV or boat storage, or future expansion.
Whether you're seeking a renovation project, an investment property with redevelopment potential, or a large homesite that's increasingly difficult to find in Sarasota, this property delivers exceptional flexibility and value. Enjoy the convenience of nearby shopping, dining, parks, schools, downtown Sarasota, world-renowned Gulf beaches, and easy access to major roadways.
Opportunities to own an oversized parcel with subdivision potential are becoming increasingly rare. Bring your vision and explore the possibilities this unique Sarasota property has to offer. Private showings available. Call today!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 27, 2026 | Listed by WAGNER REALTY | $575,000 | |
| Listed by WAGNER REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017