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Holmes Beach 34217 Holmes Beach
311 62nd STREET
$2,316,450
● House - Off Market

311 62nd STREET

HOLMES BEACH, FL 34217
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2,850 Ft²
$2,552,046
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

ENTERED FOR MLS PURPOSES
Unit Size
2,850 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$813
Property Type
House
Property Taxes
$1,713
HOA Dues
-
Year Built
2016

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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 #A4518967)

Price History

Date / Event Date Event Price
Dec 8, 2021 Listed by ANNA MARIA ISLAND BEACHES RE $2,316,450
Listed by ANNA MARIA ISLAND BEACHES RE
Dec 3, 2021 Sold
Premium
Sold
Mar 23, 2021 Sold
Premium
Sold
Dec 14, 2016 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 18
  • Building Condition: 1
  • Building Quality: 1
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 140
  • Garage Type: 1
  • Garage Square Area: 685
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 113

    Dimensions

  • Lot Size Square Feet: 7,575
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 750
  • Total Building Area: 5,143
  • Gross Building Area: 5,143
  • Building Area: 2,840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,840
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOLMES BEACH 17TH UNIT
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: SWLY 15 FT OF LOT 9 & NELY 60 FT OF LOT 10 BLK 1 HOLMES BEACH 17TH UNIT PI#72329.0000/6

Neighborhood

  • School District Name: Manatee County School District
  • School Tax School District: MCPA&MCPS
  • Census Tract: 001801

Zoning

  • Zoning: HB_R-2

Geography

  • Assessors Map Reference: 12B
  • Subdivision Tract Number: 07231800
  • Parcel: 72329-0000-6
  • Block: 1
  • Lot: 9
  • Meridian: SEC 20 TWN 34S RNG 16E
  • Municipality: HOLMES BEACH
  • Latitude: 27.5115
  • Longitude: -82.7169

    Address

  • Full Address: 311 62nd St
  • Address - House Number: 311
  • Address - Street Name: 62nd
  • Address - Suffix Type: St
  • State: FL
  • City Name: Holmes Beach
  • Carrier Code: C003
  • 4-Digit Zip Code: 1511
  • Zip Code: 34217

Valuation

    Tax

  • Total Area: 1,534
  • Tax Year: 2022
  • Tax Amount: $3,208,044
  • Tax Rate Code Area: 24

    Appraisal Valuation

  • Standard Deviation: 0.1845
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 2,912,448
  • High Value: 3,450,038
  • Low Value: 2,374,859

    Market Valuation

  • Market Total Value: $2,684,429
  • Market Land Value: $502,371
  • Market Improvement Value: $2,182,058

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,684,429
  • Assessed Land Value: $502,371
  • Assessed Improvements Value: $2,182,058

    Sales

  • Current Sale Contract Date: Dec 03, 2021
  • Current Sale Recording Date: Dec 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202141160232
  • Previous Sale Recording Date: Mar 23, 2021
  • Previous Sale Contract Date: Mar 11, 2021
  • Previous Sale Amount: $1,719,000
  • 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 Holmes Beach

Stats & Trends

Median Asking:

$1,295,000

Sale Price/ft²

$851

Below Asking

0.04%

Average Days on Market

123

Average Home Size

2185 ft²

Average Home Age

40.3 years

Currently For Sale

130 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

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STELLAR

Listed by: Gregg Bayer
ANNA MARIA ISLAND BEACHES RE
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# A4518967
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 311 62nd Street built and last sold?
The property at 311 62nd Street was built in 2016 and last sold on Dec 3, 2021 for $2,316,500.
How much is this home worth?
The estimated value of the home located at 311 62nd Street is $2,377,876.
What are some comparable homes to 311 62nd Street?
There are currently no comparable homes to 311 62nd Street.
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