Neighborhood
2468 Breakwater Cir, Sarasota, FL 34231
3 beds · 2 baths · 1,833 sq ft · Lot: 12,700 sq ft · Single Family Home · Last Sold: $160K in 2011 · Built: 1968
Est. Value:
$447K
Est. Rent:
$2.3K/month

2468 Breakwater Cir Sarasota, FL 34231

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3 beds · 2 baths · 1,833 sq ft · Lot Size: 12,700 sq ft · Single Family Home · Gulf Gate Estates
Est. Property Value: $446,900

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2468 Breakwater Cir is in the Gulf Gate Estates neighborhood of Sarasota, FL. It is located in Sarasota County and ZIP code 34231. This Single Family Home was built in 1968 and is approximately 57 years old. The single family home spans 1833 sq ft with 3 bedrooms and 2 bathrooms and sits on a 12700 sq ft lot. According to public records, it was last sold in 2011 for $160,000. The Gulf Gate Estates area of Sarasota has 1368 residential homes with an average size of 1650 sq ft. Analyze and compare real estate investment strategies for properties like this home at 2468 Breakwater Cir Sarasota, FL 34231 with Property Intel by Whitepages.

Investment Potential for 2468 Breakwater Cir

The property has a current estimated value of $446,900, which is 4% below the neighborhood median, based on public records. It last sold on May 25, 2011 for $160K. Projected long-term
is $27,600 annually ($2,300 per month) with a 78% occupancy rate.

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Long-Term

Gross Rental
$27,600 per year($2,300 per month)
Net Operating Income
Cap Rate
Occupancy Rate
78%in 34231 zip code
 
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Owners & Occupancy for 2468 Breakwater Cir

This property is owned by Lisa Marie Moreland. Owner contact information includes 11 phone numbers and 3 email addresses.

Property Owners

OccupationSecond Grade Teacher, Gges
Cell Phone(941) ***-****View Cell Phone
Residence************
Landline(941) 921-0660
Distance from Property**********
Email Address*************@att.netView Email

Property Ownership Information

Purchase DateMay 25, 2011
Property Tax Amount$2,549 in 2023
Purchase Price$160,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1******************* age 37
Resident 2******************* age 41
Resident 3*************** age 87

Property Details for 2468 Breakwater Cir

Property Details

Property Sq Ft

Living Area

1,833 sq ft

11% above market

Lot Size

12,700 sq ft

38% above market

Price Per Sq Ft

Living Area

$244 / sq ft

14% below market

Lot Size Area

$35 / sq ft

28% below market

Property condition, age, exterior, etc. for 2468 Break…
Longitude: -82.506789 Latitude: 27.251728 Parcel Number (APN): 0111-06-0005…
Mortgage originated on through lender: UNKNOWN for$******View Mortgage Details
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Market Benchmarks

Compare data for 2468 Breakwater Cir in Sarasota County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$446,900
$354,591
$92,309 (26%)
$485,305
$129,765 (27%)
YoY Price Change
1.8%
-56%
Year Built
1968
1990
-22 years
Living Space
1,833 sq ft
1,628 sq ft
205 (13%)
$ Per Living Sq Ft
$244
$218
$26 (12%)
Lot Size
12,700 sq ft
9,610 sq ft
3090 (32%)
$ Per Lot Sq Ft
$35
$40
-$5 (-12%)

Net Operating Income
$20,263
-$2,147 (-11%)
Annual Revenue
$27,600
$29,400
-$1,800 (-6%)
$9,176
$308 (3%)
Net Operating Income
$20,263
-$2,147 (-11%)
Cap Rate
5.87%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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