$317,000
●
Land -
Off Market
2571 Jefferson CIRCLE
SARASOTA, FL 34239
Studio
0 Bath
$377,666
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
This location most likely can't be beaten. Take advantage of this
amazing opportunity to build or remodel in one of Sarasota's
preeminent communities, Southgate. It's minutes to the white sandy
beaches of Siesta Key, just blocks to Arlington Park and in one of
the most sought-after school districts in all of Sarasota County,
Southside Elementary. Southside Village and Sarasota Memorial
Hospital are less than a mile away. Easy access to the many
cultural offerings Sarasota has to offer. This 10,250-square-foot
lot offers 100 feet of street frontage, dense Areca palms lining
the north end of the property and ample room to rebuild or redesign
the existing home. Zoning is RSF2. Southgate is one of Sarasota's
oldest communities, established in the 1950s on a citrus grove.
You'll be in great company here. Plans to build are available.
Unit Size
-
Days on Market
58 days
Land Size
0.24 acres
Price per sqft
-
Property Type
Land
Property Taxes
$293
HOA Dues
-
Year Built
1970
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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 #A4504807)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 4, 2024 | Sold | ||
| Sold | |||
| Feb 16, 2022 | Listed by COURTYARD MODERN | $1,754,300 | |
| Listed by COURTYARD MODERN | |||
| | |||
|
Pre-Construction. To be built. Pre-Construction. To be built. PRE-Construction "PRICING" 10-12 month build time. Still time to make it your own!!!!! With rising construction costs and demand for materials and labor, lock-in price now, as price will increase as construction starts! Another Courtyard Simply Modern Design. "JUST" East of the Trail address. Southside school. Walking distance to everything! Sarasota School of Architecture inspired Simply Modern Home... Concrete tiled flooring throughout, Quartz tops with Bosch appliances, stunning baths---flexible livable floor plan... Private pool with private fenced yard. Complete Zero-scaped yard with beautiful landscape lighting... New construction. Buyer pays title, doc stamps and closing fee's with Sarasota title services. Call for all details... Much, much more... Other lots available!
| |||
| Dec 21, 2021 | Sold | ||
| Sold | |||
| Oct 25, 2021 | Listed by PREMIER SOTHEBYS INTL REALTY | $399,900 | |
| Listed by PREMIER SOTHEBYS INTL REALTY | |||
| Aug 24, 2021 | Sold | ||
| Sold | |||
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Property Highlights
Parking Available
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About South Gate
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Listed by: Roberta Tengerdy, PA
PREMIER SOTHEBYS INTL REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# A4504807
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.
PREMIER SOTHEBYS INTL REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# A4504807
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