Neighborhood
11575 Blackfin St, Venice, FL 34292
3 beds · 2 baths · 1,984 sq ft · Lot: 6,500 sq ft · Single Family Home · Last Sold: $275K in 2024 · Built: 2016
Est. Value:
$517K
Est. Rent:
$3.6K/month

11575 Blackfin St Venice, FL 34292

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3 beds · 2 baths · 1,984 sq ft · Lot Size: 6,500 sq ft · Single Family Home · East Venice Farms
Est. Property Value: $516,991

High Demand Long-Term RentalOwned for Less Than 5 YearsOwner Age 65 - 75

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11575 Blackfin St is in the East Venice Farms neighborhood of Venice, FL. It is located in Sarasota County and ZIP code 34292. This Single Family Home was built in 2016 and is approximately 9 years old. The single family home spans 1984 sq ft with 3 bedrooms and 2 bathrooms and sits on a 6500 sq ft lot. According to public records, it was last sold in 2024 for $275,000 and has a tax-assessed value of $474,100, which is $261 per sq ft. The East Venice Farms area of Venice has 147 residential homes with an average size of 1984 sq ft. Analyze and compare real estate investment strategies for properties like this home at 11575 Blackfin St Venice, FL 34292 with Property Intel by Whitepages.

Investment Potential for 11575 Blackfin St

The property has a current estimated value of $516,991, which is 2% above the neighborhood median, based on public records. It last sold on November 22, 2024 for $275K. Projected long-term
is $43,200 annually ($3,600 per month) with a 79% occupancy rate.

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Long-Term

Gross Rental
$43,200 per year($3,600 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
79%in 34292 zip code
 
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Owners & Occupancy for 11575 Blackfin St

This property is owned by Valerie A Correiro. Owner contact information includes 6 phone numbers and 3 email addresses.

Property Owners

Cell Phone(617) ***-****View Cell Phone
Residence**********
Landline(781) 438-5822
Distance from Property**********
Email Address*********@gmail.comView Email
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Property Ownership Information

Purchase DateNovember 22, 2024
Property Tax Amount$4,232 in 2024
Purchase Price$275,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 63
Resident 2****************** age 72

Property Details for 11575 Blackfin St

Property Details

Property Sq Ft

Living Area

1,984 sq ft

0% above market

Lot Size

6,500 sq ft

1% below market

Price Per Sq Ft

Living Area

$261 / sq ft

1% above market

Lot Size Area

$80 / sq ft

6% above market

Property condition, age, exterior, etc. for 11575 Blac…
Longitude: -82.346847 Latitude: 27.099657 Parcel Number (APN): 0734-03-0007…
Mortgage originated on through lender: Salem Five Mtg Co Llc for$*****View Mortgage Details
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Market Benchmarks

Compare data for 11575 Blackfin St in Sarasota County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$516,991
$352,849
$164,141 (47%)
$******
$469,783
$65,826 (14%)
YoY Price Change
****%
1.8%
156%
Year Built
2016
1990
26 years
Living Space
1,984 sq ft
1,630 sq ft
354 (22%)
$ Per Living Sq Ft
$261
$217
$44 (20%)
Lot Size
6,500 sq ft
9,599 sq ft
-3099 (-32%)
$ Per Lot Sq Ft
$80
$40
$39 (97%)

Net Operating Income
$*****
$19,987
$9,437 (47%)
Annual Revenue
$43,200
$29,400
$13,800 (47%)
$*****
$9,588
$4,188 (44%)
Net Operating Income
$*****
$19,987
$9,437 (47%)
Cap Rate
****%
5.67%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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