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Charlotte
9562 Modesto CIRCLE
$85,000
● Land - Off Market

9562 Modesto CIRCLE

PORT CHARLOTTE, FL 33981
bedrooms
Studio
bathrooms
0 Bath
$97,193
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Vacant Waterfront Lot For Sale with access to the Charlotte Harbor and then the Gulf of Mexico. Enjoy 80 feet of shoreline with only two bridges out to open water. All utilities are in place making this a Prime Location to Build Your New Home. The Community offers over 50 miles of navigable waterways, multiple parks, playground, public boat ramp and sidewalks for your enjoyment. The property is located roughly 20 minutes to the Beaches on Boca Grande Island, 15 minutes to shopping / dinning and 10 minutes to over six semi-private golf courses. New Home Construction is Booming in the area which is starting to drive prices up on vacant land, so buy now before they go any higher. Let me help you find Your Piece of Paradise.
Unit Size
-
Days on Market
296 days
Land Size
0.23 acres
Price per sqft
-
Property Type
Land
Property Taxes
$82
HOA Dues
$10
Year Built
-

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 #D6121417)

Price History

Date / Event Date Event Price
Jul 22, 2022 Sold
Premium
Sold
Sep 29, 2021 Listed by PARADISE EXCLUSIVE $95,000
Listed by PARADISE EXCLUSIVE

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
  • Location Influence Type: 164

    Dimensions

  • Lot Size Square Feet: 9,999
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: PORT CHARLOTTE
  • Land Acres: 0000000230
  • Standard Land Use Code: 8001
  • County Land Use Code: 0000
  • State Land Use Code: 00
  • Legal Description 1: PORT CHARLOTTE SEC81 BLK4505 LT 18 1143/432 1314/23 1506/1472 2093/532 2149/348 2788/1524 3251/2008 3332/1907 3332/1912 3534/443 3536/118 3814/370 4481/1807 AFF4147/1448 5023/774

Neighborhood

  • School District Name: Charlotte County School District
  • Census Tract: 030501

Zoning

  • Zoning: RSF3.5

Geography

  • Assessors Map Reference: 3B22S
  • Account Number: 00652980000004
  • Subdivision Tract Number: PCH
  • Parcel: 412122352001
  • Block: 4505
  • Lot: 18
  • Meridian: SEC 22 TWN 41S RNG 21E
  • Latitude: 26.8901
  • Longitude: -82.2048

    Address

  • Full Address: 9562 Modesto Cir
  • Address - House Number: 9562
  • Address - Street Name: Modesto
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Port Charlotte
  • Carrier Code: R031
  • 4-Digit Zip Code: 4146
  • Zip Code: 33981

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $147,544
  • Tax Rate Code Area: 006

    Market Valuation

  • Market Total Value: $72,250
  • Market Land Value: $72,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $72,250
  • Assessed Land Value: $72,250

    Sales

  • Current Sale Contract Date: Jul 20, 2022
  • Current Sale Recording Date: Jul 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3131535
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 Charlotte

Stats & Trends

Median Asking:

$349,000

Sale Price/ft²

$204

Below Asking

0.03%

Average Days on Market

91

Average Home Size

1814 ft²

Average Home Age

22.1 years

Currently For Sale

3444 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

Rentals Near You

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STELLAR

Listed by: Fran Colosimo
PARADISE EXCLUSIVE
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# D6121417
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 9562 Modesto Circle built and last sold?
The property at 9562 Modesto Circle was built in and last sold on Jul 20, 2022 for $711,000.
How much is this home worth?
The estimated value of the home located at 9562 Modesto Circle is $0.
What are some comparable homes to 9562 Modesto Circle?
There are currently no comparable homes to 9562 Modesto Circle.
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