5420 Lago Maggio St Sarasota, FL 34238

3 beds · 3 baths · 3,160 sq ft · Lot Size: 9,696 sq ft · Single Family Home
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5420 Lago Maggio St is in the 34238 neighborhood of Sarasota, FL. It is located in Sarasota County and ZIP code 34238. This Single Family Home was built in 2022 and is approximately 3 years old. The single family home spans 3160 sq ft with 3 bedrooms and 3 bathrooms and sits on a 9696 sq ft lot. According to public records, it was last sold in 2022 for $1,100,800. Analyze and compare real estate investment strategies for properties like this home at 5420 Lago Maggio St Sarasota, FL 34238 with Property Intel by Whitepages.

Investment Potential for 5420 Lago Maggio St

The property has a current estimated value of $912,119, which is 68% above the zip median, based on public records. It last sold on September 23, 2022 for $1.1M. Projected long-term
is $52,800 annually ($4,400 per month) with a 78% occupancy rate.

Long-Term

Gross Rental
$52,800 per year($4,400 per month)
Net Operating Income
Cap Rate
Occupancy Rate
78%in 34238 zip code
 
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Owners & Occupancy for 5420 Lago Maggio St

This property is owned by Donovan P Harrison. Owner contact information includes 21 phone numbers and 5 email addresses.

Property Owners

Cell Phone(781) ***-****
Residence*************
Landline(770) 786-2357+ 10 more
Distance from Property**********
Email Address***************@yahoo.com

Property Ownership Information

Purchase DateSeptember 23, 2022
Property Tax Amount$11,918 in 2023
Purchase Price$1,100,800

Occupancy

Resident 1******************* age 60
Resident 2****************** age 60
Resident 3*************** age 26
Resident 4*************** age 29

Property Details for 5420 Lago Maggio St

Property Details

Property Sq Ft

Living Area

3,160 sq ft

Compare to 34238

Lot Size

9,696 sq ft

Compare to 34238

Price Per Sq Ft

Living Area

$289 / sq ft

Compare to 34238

Lot Size Area

$94 / sq ft

Compare to 34238
Property condition, age, exterior, etc. for 5420 Lago …
Longitude: -82.457569 Latitude: 27.206815 Parcel Number (APN): 0138-11-0352…
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Market Benchmarks

Compare data for 5420 Lago Maggio St in Sarasota County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$912,119
$354,591
$557,528 (157%)
$485,305
$567,152 (117%)
YoY Price Change
1.8%
-488%
Year Built
2022
1990
32 years
Living Space
3,160 sq ft
1,628 sq ft
1532 (94%)
$ Per Living Sq Ft
$289
$218
$71 (33%)
Lot Size
9,696 sq ft
9,610 sq ft
86 (1%)
$ Per Lot Sq Ft
$94
$40
$54 (135%)

Net Operating Income
$20,263
$6,942 (34%)
Annual Revenue
$52,800
$29,400
$23,400 (80%)
$9,176
$16,419 (179%)
Net Operating Income
$20,263
$6,942 (34%)
Cap Rate
5.87%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians