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Manatee 34243
6800 Prospect ROAD
$450,000
● Land - Off Market

6800 Prospect ROAD

SARASOTA, FL 34243
bedrooms
Studio
bathrooms
0 Bath
$567,032
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Rarely available beautiful prime 5 acres ready for development, zonedA1, highest best use residential so you could build your own home with room for toys and pets!

Located minutes to University Town Center, Airport, and beaches, literally in the middle of everything the area has to offer yet in a quiet setting. Hurry, vacant land like this won't last long.
Unit Size
-
Days on Market
-
Land Size
5.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$156
HOA Dues
-
Year Built
-

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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 #A4460517)

Price History

Date / Event Date Event Price
Sep 13, 2021 Sold
Premium
Sold
Oct 4, 2005 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: ACREAGE & UNREC
  • Land Acres: 0000005000
  • Standard Land Use Code: 8000
  • County Land Use Code: 0010
  • State Land Use Code: 00
  • Legal Description 1: A PARCEL OF LAND LYING IN SEC 20 TWN 35 RNG 18, BEING MORE PARTICULARLY DESC AS FOLLOWS: COM AT THE SE COR OF CENTRE LAKE SUB, ACCORDING TO THE PLAT THEREOF REC IN PB 23 PGS 69

Neighborhood

  • School District Name: Manatee County School District
  • School Tax School District: MCPA&MCPS
  • Census Tract: 000805

Zoning

  • Zoning: A-1 SUBURB

Geography

  • Assessors Map Reference: 43B
  • Parcel: 18775-0200-9
  • Meridian: SEC 20 TWN 35S RNG 18E
  • Municipality: UNINCORPORATED
  • Latitude: 27.4195
  • Longitude: -82.5193

    Address

  • Full Address: 6800 Prospect Rd
  • Address - House Number: 6800
  • Address - Street Name: Prospect
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Sarasota
  • Carrier Code: R008
  • 4-Digit Zip Code: 4109
  • Zip Code: 34243

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $182,913
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 303

    Market Valuation

  • Market Total Value: $153,000
  • Market Land Value: $153,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $153,000
  • Assessed Land Value: $153,000

    Sales

  • Current Sale Contract Date: Sep 13, 2021
  • Current Sale Recording Date: Sep 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202141121451
  • Previous Sale Recording Date: Oct 04, 2005
  • Previous Sale Contract Date: Jun 30, 2005
  • Previous Sale Amount: $400,000
  • 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 Manatee

Stats & Trends

Median Asking:

$439,000

Sale Price/ft²

$240

Above Asking

0.00%

Average Days on Market

86

Average Home Size

2014 ft²

Average Home Age

24.5 years

Currently For Sale

5443 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 1323 54th Avenue E, BRADENTON, FL, 34203

$1,300 /mo

  • 2 Beds
  • 1 Bath
  • 780 ft²
1323 54th Avenue E #16E, BRADENTON, FL, 34203 Listing by Jonathan O'Steen
Unit for rent at 5004 Medalist Road, SARASOTA, FL, 34243

$1,200 /mo

  • 5 Beds
  • 2 Baths
  • 1,512 ft²
5004 Medalist Road, SARASOTA, FL, 34243 Listing by Ceiliah Epner

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Susan Chandler
CHROME REALTY LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# A4460517
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 6800 Prospect Road built and last sold?
The property at 6800 Prospect Road was built in and last sold on Sep 13, 2021 for $450,000.
How much is this home worth?
The estimated value of the home located at 6800 Prospect Road is $504,495.
What are some comparable homes to 6800 Prospect Road?
There are currently no comparable homes to 6800 Prospect Road.
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