NOT LISTED FOR SALE

1801 University Pkwy Sarasota, FL 34243

Estimated Value: $1,088,569

4.14 Acres
$262,939 Price per Acre
180,338 Sq Ft Lot

Last Sold June 17, 2024

Last sale price $3,900,000

Current estimated payment $6,779/month

Highlights

  • View of Trees or Woods
  • 4.14 Acre Lot
  • Wetlands on Lot

About This Lot

As of June 2024

Vacant Land for Industrial Development Zoning LM. Warehousing, Storage Facilities, Hotel/Motel Lodging all are permitted uses. See Land Use Table. Two parcels included in sale, Exhibit A Legal Description, parcel 1 & 2 with surveys. A total of 4,14 acres. Wetland determination by SWFWD is approved, Wetland Assessment by Earth Balance ecologists is 0.21 Acre of manmade drainage canals on the West and North borders of the property. Boundary and Topographic Surveys attached. Contact agent for additional information.

Last Agent to Sell the Property

Ray Williams

THE RAY WILLIAMS GROUP LLC Brokerage Phone: 941-320-5094 License #3225979 Listed on: 02/15/2024

Last Buyer's Agent

Ray Williams

THE RAY WILLIAMS GROUP LLC Brokerage Phone: 941-320-5094 License #3225979 Listed on: 02/15/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,304

Lot Details

  • 4.14 Acre Lot
  • Lot Dimensions are 426 x 422
  • Dirt Road
  • South Facing Home
  • Cleared Lot
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned LM

Utilities

  • Fiber Optics Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Views of Woods
  • Drainage Canal

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 2023800101

Community Details

Overview

  • A Clstr Sub Subdivision

Recreation

  • Wetlands on Lot
  • Billboard

Property Details

Property Type

Land

Est. Annual Taxes

$12,304

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 4.14
  • Lot Size Sq Ft: 180686
  • Number Of Lots: 2
  • Directions to Property: Just west of 301 on University Blvd before Sarasota Airport, Northside of road.
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 524928249
  • RATIO Current Price By Calculate: 21.58
  • Total Acreage: 2 to less than 5
  • Water Access YN: 0
  • AG Exemption YN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-320-5094
  • Tax Year: 2023
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 1801

Exterior Features

  • Direction Faces: South
  • Other Structures: Billboard
  • View: Trees/Woods
  • Waterfront: No
  • Road Surface Type: Asphalt, Dirt, Gravel, Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 942029
  • Easements: West Side

Utilities

  • Utilities: Cable Available, Electricity Available, Fiber Optics, Phone Available, Public, Sewer Available, Sewer Nearby, Street Lights, Utility Pole, Water Available, Water Nearby
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association 2 YN: 0
  • Development: Not in Development

Fee Information

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

Lot Info

  • Zoning: LM
  • Parcel Number: 2023800101
  • Additional Parcels Description: 20085002009
  • Additional Parcels: Yes
  • Current Use: Unimproved
  • Lot Features: Cleared, Compact Soil, Drainage Canal, Paved, Wetlands
  • Lot Dimensions: 426 X 422
  • Flood Zone Code: X 500
  • Lot Size Square Meters: 16786
  • Zoning Compatible YN: 1
  • Current Adjacent Use: Commercial,Industrial,Vacant

Tax Info

  • Tax Annual Amount: 12303.53
  • Tax Book Number: 1-127
  • Tax Lot: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
May 21, 2024
Sold by
1801 University Llc and 3303 S Trail Llc
Bought by
Dac Realty
Seller's Agent
Ray Williams
THE RAY WILLIAMS GROUP LLC
Buyer's Agent
Ray Williams
THE RAY WILLIAMS GROUP LLC
List Price
$4,700,000
Sold Price
$3,900,000
Premium/Discount to List
-$800,000
-17.02%
Views
3
Current Estimated Value
$1,088,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,811,431
Avg. Annual Appreciation
-61.69%
Original Mortgage
$2,535,000
Outstanding Balance
$2,499,454
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
-$1,410,885

Purchase Details

Closed on
Jan 23, 2024
Sold by
3303 S Trail Llc and 1801 University Llc
Bought by
1801 University Llc

Purchase Details

Closed on
Jan 17, 2024
Sold by
1801 University Llc
Bought by
3303 S Trail Llc and 1801 University Llc

Purchase Details

Closed on
Feb 22, 2023
Sold by
3303 S Trail Llc
Bought by
1801 University Llc

Purchase Details

Closed on
Jan 11, 2022
Sold by
Douglas S Libertore Revocable Trust
Bought by
3303 S Trail Llc

Purchase Details

Closed on
Sep 10, 2018
Sold by
1801 Up Llc
Bought by
Libertore Douglas S and The Douglas S Libertore Revocable Trust

Purchase Details

Closed on
Feb 17, 2011
Sold by
Steenbakkers Hubert
Bought by
1801 Up Llc

Purchase Details

Closed on
Jan 30, 2004
Sold by
Barron Assoc
Bought by
Steenbakkers Hubert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.81%
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Dac Realty $3,900,000 None Listed On Document
3303 S Trail Llc $100 None Listed On Document
1801 University Llc $100 None Listed On Document
3303 S Trail Llc $100 None Listed On Document
1801 University Llc $100 --
3303 S Trail Llc $1,050,000 Blalock Walters Pa
Libertore Douglas S -- Attorney
1801 Up Llc -- Attorney
Steenbakkers Hubert $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dac Realty $2,535,000
Previous Owner Steenbakkers Hubert $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2024 06/17/24 Sold $3,900,000 -17.0% --
02/15/2024 02/15/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $4,700,000 -- --
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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 $12,027 $902,494 $902,494 --
2024 $12,027 $824,258 $824,258 --
2023 $12,304 $824,258 $824,258 $0
2022 $8,503 $606,072 $606,072 $0
2021 $7,254 $484,792 $484,792 $0
2020 $7,614 $484,792 $484,792 $0
2019 $7,699 $484,792 $484,792 $0
2018 $3,238 $200,964 $200,964 $0
2017 $3,090 $200,964 $0 $0
2016 $4,519 $287,822 $0 $0
2015 $4,218 $287,822 $0 $0
2014 $4,218 $260,706 $0 $0
2013 $4,189 $258,441 $258,441 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4599773

Stellar MLS

APN: 20238-0010-1