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Sarasota 34231 Emerald Harbor
6322 Hollywood BOULEVARD
$601,000
● Land - Off Market

6322 Hollywood BOULEVARD

SARASOTA, FL 34231
bedrooms
Studio
bathrooms
0 Bath
$1,566,026
RealtyHop Estimate
124.36%
Since Apr 1, 2012
National-US
Primary Model

About This Property

BANK OWNED OPPORTUNITY. Ultimate waterfront Sarasota lot with open views of the bay and Siesta Key awaits new ownership. This substantially sized parcel is nearly half an acre with 105'of bay frontage directly on Emerald Harbor.The size will allow the new owner great latitude in design. Take advantage of one of Sarasota's best locations on a quiet dead end street. This property is conveniently located on the mainland with all the advantages of the waterfront lifestyle but without the traffic and bridges of the barrier islands. This property is ready for boating access with a dock and lift already in place. Special financing is available. Contact listing agent for details on the financing of lot purchase and construction.
Unit Size
-
Days on Market
-
Land Size
0.40 acres
Price per sqft
-
Property Type
Land
Property Taxes
$947
HOA Dues
-
Year Built
2014

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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 #A3949751)

Price History

Date / Event Date Event Price
Jan 30, 2019 Sold
Premium
Sold
Apr 5, 2012 Sold
Premium
Sold

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 8
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,021
  • Parking Space Count: 3
  • Patio Type: 5
  • Porch Type: 111
  • Pool Type: 8
  • Location Influence Type: 69

    Dimensions

  • Lot Size Square Feet: 17,516
  • Total Building Area: 7,072
  • Gross Building Area: 7,464
  • Building Area: 6,051
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 6,051
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EMERALD HARBOR
  • Land Acres: 0000000402
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 3 EMERALD HARBOR

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: W190 A055 F052
  • Census Tract: 001801

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 29-18
  • Account Number: 0106080005
  • Subdivision Tract Number: 927
  • Parcel: 0106-08-0005
  • Lot: 3
  • Meridian: SEC 18 TWN 37S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2592
  • Longitude: -82.5308

    Address

  • Full Address: 6322 Hollywood Blvd
  • Address - House Number: 6322
  • Address - Street Name: Hollywood
  • Address - Suffix Type: Blvd
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C013
  • 4-Digit Zip Code: 3008
  • Zip Code: 34231

Valuation

    Tax

  • Total Area: 8,494
  • Tax Year: 2023
  • Tax Amount: $3,818,992
  • Tax Rate Code Area: 9201

    Appraisal Valuation

  • Standard Deviation: 0.1279
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 85
  • Final Value: 4,638,727
  • High Value: 5,232,266
  • Low Value: 4,045,188

    Market Valuation

  • Market Total Value: $3,591,100
  • Market Land Value: $1,234,100
  • Market Improvement Value: $2,357,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,591,100
  • Assessed Land Value: $1,234,100
  • Assessed Improvements Value: $2,357,000

    Sales

  • Current Sale Contract Date: Jan 29, 2019
  • Current Sale Recording Date: Jan 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019011765
  • Previous Sale Recording Date: Apr 05, 2012
  • Previous Sale Contract Date: Mar 29, 2012
  • Previous Sale Amount: $601,000
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: ADJ
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 Emerald Harbor

Stats & Trends

Median Asking:

$775,000

Sale Price/ft²

$374

Below Asking

0.08%

Average Days on Market

102

Average Home Size

2016 ft²

Average Home Age

70.5 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

Nearby Rentals

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STELLAR

Listed by: DREW RUSSELL
MICHAEL SAUNDERS & COMPANY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# A3949751
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 6322 Hollywood Boulevard built and last sold?
The property at 6322 Hollywood Boulevard was built in 2014 and last sold on Jan 29, 2019 for $2,850,000.
How much is this home worth?
The estimated value of the home located at 6322 Hollywood Boulevard is $704,980.
What are some comparable homes to 6322 Hollywood Boulevard?
There are currently no comparable homes to 6322 Hollywood Boulevard.
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