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Longboat Key 34228 Coreys Landing
3514 Mistletoe LANE
$2,100,000
● House - Off Market

3514 Mistletoe LANE

LONGBOAT KEY, FL 34228
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,502 Ft²
$13,279
Est. Monthly
$1,115
HOA / Fees
0.65%
Cap Rate

About This Property

3514 Mistletoe Lane in Longboat Key, FL, is a luxurious coastal home with modern amenities, elegant design, and stunning natural views, located near pristine beaches and local attractions.
Unit Size
2,502 Ft²
Days on Market
57 days
Land Size
0.26 acres
Price per sqft
$839
Property Type
House
Property Taxes
$1,852
HOA Dues
$1,115
Year Built
1990

Payment Calculator

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Cap Rate Calculator

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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 #A4615713)

Price History

Date / Event Date Event Price
Sep 17, 2024 Sold
Premium
Sold
Jul 22, 2024 Listed by COLDWELL BANKER REALTY $2,100,000
Listed by COLDWELL BANKER REALTY
Apr 2, 2015 Sold
Premium
Sold
Apr 25, 2014 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 31
  • 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: 441
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 111
  • Pool Type: 8
  • Location Influence Type: 69

    Dimensions

  • Lot Size Square Feet: 11,146
  • Total Building Area: 2,943
  • Gross Building Area: 2,943
  • Building Area: 2,502
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,502
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COREYS LANDING
  • Land Acres: 0000000256
  • Standard Land Use Code: 1001
  • County Land Use Code: 0101
  • State Land Use Code: 001
  • Legal Description 1: LOT 42 COREYS LANDING

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: T04 T04D T43
  • Census Tract: 000802

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 24A
  • Account Number: 0004030029
  • Subdivision Tract Number: 2383
  • Parcel: 0004-03-0029
  • Lot: 42
  • Meridian: SEC 05 TWN 36S RNG 17E
  • Municipality: TOWN OF LONGBOAT KEY
  • Latitude: 27.3822
  • Longitude: -82.6225

    Address

  • Full Address: 3514 Mistletoe Ln
  • Address - House Number: 3514
  • Address - Street Name: Mistletoe
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Longboat Key
  • Carrier Code: C002
  • 4-Digit Zip Code: 4102
  • Zip Code: 34228

Valuation

    Tax

  • Total Area: 2,943
  • Tax Year: 2023
  • Tax Amount: $2,221,869
  • Tax Rate Code Area: 2110

    Appraisal Valuation

  • Standard Deviation: 0.1928
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 2,328,645
  • High Value: 2,777,644
  • Low Value: 1,879,646

    Market Valuation

  • Market Total Value: $1,946,800
  • Market Land Value: $1,422,400
  • Market Improvement Value: $524,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,946,800
  • Assessed Land Value: $1,422,400
  • Assessed Improvements Value: $524,400

    Sales

  • Current Sale Contract Date: Mar 31, 2015
  • Current Sale Recording Date: Apr 02, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015038560
  • Previous Sale Recording Date: Apr 25, 2014
  • Previous Sale Contract Date: Apr 25, 2014
  • Previous Sale Amount: $1,150,000
  • 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 Coreys Landing

Stats & Trends

Median Asking:

$3,095,000

Sale Price/ft²

$855

Below Asking

0.05%

Average Days on Market

109

Average Home Size

3004 ft²

Average Home Age

36 years

Currently For Sale

4 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 840 Bayport Way, LONGBOAT KEY, FL, 34228

$4,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,640 ft²
840 Bayport Way #840, LONGBOAT KEY, FL, 34228 Listing by Shirley Cuddy
Unit for rent at 3806 Gulf Of Mexico Drive, LONGBOAT KEY, FL, 34228

$4,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,046 ft²
3806 Gulf Of Mexico Drive #C209, LONGBOAT KEY, FL, 34228 Listing by Kathleen Magnus
Unit for rent at 3808 Gulf Of Mexico Drive, LONGBOAT KEY, FL, 34228

$4,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,085 ft²
3808 Gulf Of Mexico Drive #E111, LONGBOAT KEY, FL, 34228 Listing by Kathleen Magnus

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Bruce Myer
COLDWELL BANKER REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# A4615713
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 3514 Mistletoe Lane built and last sold?
The property at 3514 Mistletoe Lane was built in 1990 and last sold on Mar 31, 2015 for $1,335,000.
How much is this home worth?
The estimated value of the home located at 3514 Mistletoe Lane is $0.
What are some comparable homes to 3514 Mistletoe Lane?
There are currently no comparable homes to 3514 Mistletoe Lane.
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