$650,000
●
House -
Off Market
4435 Wilkinson ROAD
SARASOTA, FL 34233
2 Beds
1 Bath
962 Ft²
$742,742
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
Zoning RSF1, 2.5 houses per acre allowed. Rare opportunity
to own 4.2 ACRES West of I-75 in Sarasota. VALUE IS IN THE
LAND. There is a small house on the property that is being sold
As-Is and for the rarity of this non-deed restricted size lot in
the heart of Sarasota. This land is HIGH & DRY & NOT in a
flood zone. Survey available. Only 7 miles from the
greatness of downtown Sarasota with it's restaurants and shops and
only 5 miles from breathtaking beaches. This is the best of
both worlds.
Unit Size
962 Ft²
Days on Market
-
Land Size
4.20 acres
Price per sqft
$675
Property Type
House
Property Taxes
$991
HOA Dues
-
Year Built
1967
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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 #A4472686)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 20, 2023 | No longer available | - | |
| No longer available | |||
| Jun 13, 2023 | Price Decreased |
$1,449,800
↓ $34K
(2.3%) | |
| Price Decreased | |||
| Apr 12, 2023 | Price Decreased |
$1,484,000
↓ $1M
(46.1%) | |
| Price Decreased | |||
| Jan 26, 2023 | Listed by DeLuca Realty, Inc. | $2,755,000 | |
| Listed by DeLuca Realty, Inc. | |||
| | |||
|
Pre-Construction. To be built. ***A MUST SEE IN PERSON***
Incredibly unique property located in the heart of Sarasota. A very private over 3 acre residential lot that is easily buildable. Surrounded by 2 County ponds creating an additional privacy on the North and West sides. Everyone wants the best location and now you can have it, this property is in the CENTER of Sarasota. This is one of last *cleared* parcels left in the county meaning significant savings to you when you start construction. This price is just for the land!!!
Move into a newly built Modern designed 3600 sq ft residence by Jeffrey Evans Tucker. The house plans include (4) four Bedrooms, an office, (4) four full baths with an easily expandable (3) three car garage. Incredible light and views while embracing form, function and efficiency. See attached plans and perspectives. Build out estimated to be (1) one year from closing on property. Alternate designs available and can be customized to your dreams.
$2,755,000 (cost of $ 787 sq.ft. on an over 3 acre lot) The manager has listed the unit size as 3600 square feet.
| |||
| Aug 27, 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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HOA + Taxes
About Bee Ridge
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Listed by: Christine Spelman
RE/MAX ALLIANCE GROUP
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# A4472686
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.
RE/MAX ALLIANCE GROUP
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# A4472686
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017