NOT LISTED FOR SALE

Estimated Value: $1,638,000

31.86 Acres
$51,412 Price per Acre
1,387,822 Sq Ft Lot

Sale Details

Date Sold: October 17, 2024

Last sale price $2,530,000 $2,255 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $8,975 / mo

30 Days on Market

Highlights

  • Pond View
  • 31.86 Acre Lot
  • Cattle
  • Tatum Ridge Elementary School Rated A-

About This Lot

As of October 2024

This property is a rare gem located in Sarasota County, known for its cultural attractions, beaches, and shopping. The fully cleared 31.86 acres offers a getaway from the traffic and congestion of the city, while still granting easy access to I-75 and the cities of Sarasota and Lakewood Ranch. Choose from multiple potential homesites, with great views of the rolling hills this area offers for an expansive luxury estate. Various opportunities exist with a lot this size. Family homestead or compound? Equestrian area with your own barn, riding rings and plenty of room to ride? Large garages for your boats and other toys? The possibilities are endless. Currently, the property has a 2000 sq ft Metal building and is fenced in with wood board and barbed wire. This property is located just minutes from the luxurious and world renown TerraNova Equestrian Facility, which offers world class competitions, luxury facilities, six arenas, and a cross country course.

In short, this property can be transformed into whatever your vision is. Out of the city, to enjoy the natural Florida beauty, but close enough to be part of the action whenever you desire. More than enough land to make your dream a reality, but not so big that it is unmanageable.

Last Agent to Sell the Property

Albert Myara

AMERICAN HOSPITALITY RLTY LLC Brokerage Phone: 941-320-6533 License #3098524 Listed on: 07/02/2024

Last Buyer's Agent

Michael Hasting

MCGRATH POPPELL & CO., INC. License #3137899

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $475

Lot Details

  • 31.86 Acre Lot
  • Lot Dimensions are 632 x 1327 x 1290 x 672 x 658
  • Property is zoned OUR

Utilities

  • Well Required
  • Septic Needed

Additional Features

  • Pond Views
  • Cattle

Community Details

  • Fruitville Plat Of Community

Listing and Financial Details

  • Assessor Parcel Number 0572004030

Property Details

Property Type

Land

Est. Annual Taxes

$475

Lot Details

31.86 Acres

Listing Details

  • Property Type: Land
  • Lot Size Acres: 31.86
  • Lot Size Sq Ft: 1387615
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 1.82
  • Total Acreage: 20 to less than 50
  • Water Access YN: 0
  • Attribution Contact: 941-320-6533
  • Tax Year: 2023
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Waterfront: No
  • Road Surface Type: Gravel
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0195F
  • Farm Type: Cattle

Utilities

  • Utilities: BB/HS Internet Capable, Electricity Available
  • Sewer: Septic Needed
  • Water Source: Well Required

Condo/Co-op/Association

  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: OUR
  • Parcel Number: 0572004030
  • Additional Parcels: No
  • Current Use: Cattle
  • Lot Dimensions: 632 x 1327 x 1290 x 672 x 658
  • Flood Zone Code: X

Tax Info

  • Tax Annual Amount: 475

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2024
Closed on
Oct 8, 2024
Sold by
Bought by
Seller's Agent
Albert Myara
AMERICAN HOSPITALITY RLTY LLC
Buyer's Agent
Michael Hasting
MCGRATH POPPELL & CO., INC.
List Price
$1,900,000
Sold Price
$2,530,000
Premium/Discount to List
$630,000
33.16%
Views
5
Current Estimated Value
$1,638,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$892,000
Avg. Annual Appreciation
-21.56%

Purchase Details

Closed on
Jan 23, 2020
Sold by
Bought by

Purchase Details

Closed on
Jan 27, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,550,000 Sunwest Title
$775,000 Attorney
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/17/2024 10/17/24 Sold $2,530,000 +33.2% $2,255 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
07/02/2024 07/02/24 For Sale $1,900,000 -- $1,693 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $600 $47,600
2024 $475 $44,530
2023 $475 $38,600 $0 $0
2022 $650 $45,000 $0 $0
2021 $780 $43,700 $0 $0
2020 $1,286 $94,100 $0 $0
2019 $1,197 $90,300 $0 $0
2018 $1,165 $80,400 $0 $0
2017 $1,140 $58,046 $0 $0
2016 $1,101 $404,300 $378,100 $26,200
2015 $1,062 $304,000 $274,600 $29,400
2014 $879 $42,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4615899

Stellar MLS

APN: 0572-00-4030

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