5 months on rocket

116 Loquat Ln, Sarasota, FL, 34232

$295,000

0.42 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontPond
MLS #O6208942
Lot Size0.42 Acres
StatusActive

About 116 Loquat Ln

Rare find! Nearly half an acre vacant home lot on a quiet cul-de-sac and very close to all that Sarasota has. There are extremely few ready to build lots in Sarasota, and this is centrally located to everything in the county but just outside of the city of Sarasota. The only vacant lot of the 8 properties in this mature, established, non-deed restricted neighborhood. There is no community association, so enjoy no HOA fees as well as the freedom to park your vehicles, boats or RVs on site. The lot is very close to lots of shopping the newly renovated Bobby Jones golf course. Just a 2 mile drive to I-75, 4 mile drive to downtown Sarasota, 7 mile drive to either Lido Key Beach or the modern UTC mall, and a 10 mile drive to the #1-rated Siesta Key Beach! It is a .42 acre shady lot on a pond that includes land on the far side of the water too that is perfect for a walking bridge and gazebo. We did conceptualize making the lot into our own slice of paradise (see the picture) but had a change in family plans. Choose your own dream home and builder. No utilities currently on the site, but the lot can be connected to county water & electricity, and septic tank installation applies. Lot is located just north of where McIntosh Rd and Fruitville Rd intersect.

Property Details

Property Features

Listing Office:

  • Office Name: BEYCOME OF FLORIDA LLC
  • Office Phone: (844) 239-2663
  • Listing Agent: Steven Koleno

Exterior Features

Exterior Information:

  • Waterfront: Pond

Lot Features

Lot Information:

  • Lot Size: 0.42 Acres

Other

Directions Information:

  • Directions: Use any lane to turn left onto Fruitville Rd/Historic Florida 780 W Continue to follow Fruitville Rd Turn right onto Loquat Ln Destination will be on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $295,000

Tax Information:

  • Annual Amount: $2,571
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

Med. Sold Price

$520.7K

Med. Price/SqFt

$305

Avg. Days On Market

62

# of Sold Homes

302

116 Loquat Ln vs Sarasota

170 DAYS ON ROCKET

+108 Days

$295,000

-$225.7K Less

KEY TAKEAWAY

This property is $225.7K less than the Median Sold Price in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6208942

Listing Office:

  • Office Name: BEYCOME OF FLORIDA LLC
  • Office Phone: (844) 239-2663
  • Listing Agent: Steven Koleno

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 10:49:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 22, 2015Home Sold
$160,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,571$201,793
2019$2,412$193,542
2018$2,346$189,933
2017$2,333$186,026

History based on county public records data.

Payment Calculator

$1,540

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$951

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-414682
6
/10
  • Fruitville Elementary School

  • 601 Honore Ave

  • 1.20 miles

  • Public District Grades PK-5

school-card-donut-414683
6
/10
  • Brentwood Elementary School

  • 2500 Vinson Ave

  • 1.95 miles

  • Public District Grades PK-5

school-card-donut-414684
4
/10
  • Tuttle Elementary School

  • 2863 8th St

  • 2.03 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,963. The most common annual income of people living in Sarasota, FL is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Sarasota, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Sarasota, FL?

Sarasota's housing market is diverse, offering a mix of single-family homes, condominiums, and townhouses that cater to a range of preferences and budgets. Architectural styles vary widely, with a notable presence of Mediterranean-inspired designs alongside modern and contemporary structures. The area has seen a steady growth in new developments, particularly in the condominium sector, which adds a modern touch to the city's skyline.

Is Sarasota, FL a good place to live?

Sarasota prides itself on its vibrant arts scene and cultural richness, with numerous galleries, theaters, and the renowned Ringling Museum of Art. The community's character is further enhanced by its proximity to pristine beaches and a variety of outdoor recreational activities, making it a desirable location for both retirees and families. Annual events like the Sarasota Film Festival and the Sarasota Music Festival celebrate the city's artistic heritage and community spirit.

Are things conveniently located in Sarasota, FL?

The city is served by a robust educational system, including multiple public and private schools that offer a range of educational programs. Sarasota Memorial Hospital stands as a major healthcare provider, offering comprehensive services from emergency care to specialized treatments. The public library system is well-established, providing residents with access to a wealth of knowledge and resources. Retail and dining options are plentiful, reflecting the local culture with a blend of international cuisines and boutique shopping experiences.

What does the transportation in Sarasota, FL look like?

Sarasota's transportation network includes a variety of options for residents and visitors. The Sarasota County Area Transit (SCAT) provides bus services with routes covering key areas of the city. For those who prefer private transport, ride-sharing services like Uber and Lyft are readily available. The city is also connected by several major roads, including Interstate 75 and U.S. Route 41, facilitating travel to nearby cities and attractions. Efforts to enhance walkability and bikeability are evident in the downtown area and along the scenic waterfront.

Frequently Asked Questions About 116 Loquat Ln

What is the listing price of this property?

The listing price of 116 Loquat Ln property is $295,000.

What type of property is this?

The property 116 Loquat Ln is land located in Sarasota, Florida, 34232.

Is this property for sale now?

Active Listing: 116 Loquat Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,571 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 22, 2015 for $160,000. (source: MLS/tax record).

How much acreage is this property?

The property 116 Loquat Ln is 0.42 acres.
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Rocket HomesFloridaSarasota CountySarasota34232116 Loquat Ln

This home is located at 116 Loquat Ln in Sarasota, FL and zip code 34232. This home sits on a 0.42 acre lot. It has been listed on Rocket Homes since May 28, 2024 and is currently priced at $295,000.

Over 13 listings were sold over their listed price in October 2024 in Sarasota, FL. In the same period over 242 listings were sold below the listed price and 47 listings were sold for the listed price. The inventory of homes for sale in Sarasota, FL between September 2024 and October 2024 decreased by 0.8%. Listings spent 62 days on the market in October 2024, and had a median list price of $520,718 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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