5420 Lago Maggio St Sarasota, FL 34238

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3 beds · 3 baths · 3,160 sq ft · Lot Size: 9,696 sq ft · Single Family Home
Est. Property Value: $1,018,140

Valued above Market MedianOwned for Less Than 5 YearsOwner Age 55 - 65

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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 and has a tax-assessed value of $1,001,400, which is $322 per sq ft. 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.

5420 Lago Maggio St

Sarasota, FL 34238

Neighborhood

Owners & Occupancy for 5420 Lago Maggio St

This property is owned by Donovan P Harrison. Owner contact information includes 18 phone numbers and 5 email addresses.

Property Owners

Cell Phone(313) ***-****View Cell Phone
Residence*************
Landline(937) 567-9292
Distance from Property**********
Email Address***************@yahoo.comView Email
View All Owner Info

Occupancy

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

Property Financials for 5420 Lago Maggio St

5420 Lago Maggio St, Sarasota, FL has no known mortgage. The Sarasota county assessment for 2024 values it at $1,001,400, with annual taxes of $12,389.

Property Tax

Purchase DateSeptember 23, 2022
Property Tax Amount$12,389 in 2024
Purchase Price$1,100,800
Assessed Value$1,001,400 on 2024

Investment Potential for 5420 Lago Maggio St

The property has a current estimated value of $1,018,140, which is 66% above the zip median, based on public records. It last sold on September 23, 2022 for $1.1M. Projected long-term
is $43,200 annually ($3,600 per month) with a 78% occupancy rate.

Discover more Single Family Homes in 34238.
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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
78%in 34238 zip code
 
View Rental Potential

Property Details for 5420 Lago Maggio St

Property Details

Property Sq Ft

Living Area

3,160 sq ft

52% above market

Lot Size

9,696 sq ft

15% above market

Price Per Sq Ft

Living Area

$322 / sq ft

10% above market

Lot Size Area

$105 / sq ft

34% above market

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
$1,018,140
$349,875
$668,265 (191%)
—
—
—
YoY Price Change
****%
1.8%
-489%
Year Built
2022
1990
32 years
Living Space
3,160 sq ft
1,630 sq ft
1530 (94%)
$ Per Living Sq Ft
$322
$213
$109 (51%)
Lot Size
9,696 sq ft
9,599 sq ft
97 (1%)
$ Per Lot Sq Ft
$105
$38
$67 (180%)

Net Operating Income
$*****
$19,792
-$2,123 (-11%)
Annual Revenue
$43,200
$29,400
$13,800 (47%)
$*****
$9,768
$15,763 (161%)
Net Operating Income
$*****
$19,792
-$2,123 (-11%)
Cap Rate
****%
5.75%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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