Neighborhood
11578 Blackfin St, Venice, FL 34292
3 beds · 2 baths · 1,984 sq ft · Lot: 6,500 sq ft · Single Family Home · Last Sold: $440K in 2021 · Built: 2016
Est. Value:
$490K
Est. Rent:
$2.6K/month

11578 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: $490,265

Owned for Less Than 5 YearsOwner Age 65 - 75

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11578 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 2021 for $439,900 and has a tax-assessed value of $418,400, which is $247 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 11578 Blackfin St Venice, FL 34292 with Property Intel by Whitepages.

Investment Potential for 11578 Blackfin St

The property has a current estimated value of $490,265, which is 3% below the neighborhood median, based on public records. It last sold on September 27, 2021 for $440K. Projected long-term
is $31,200 annually ($2,600 per month) with a 79% occupancy rate.

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Long-Term

Gross Rental
$31,200 per year($2,600 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 11578 Blackfin St

This property is owned by Ronald A Nodzon. Owner contact information includes 6 phone numbers and 4 email addresses.

Property Owners

Cell Phone(201) ***-****View Cell Phone
Residence**********
Landline(732) 493-1928
Distance from Property**********
Email Address******@aol.comView Email
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Property Ownership Information

Purchase DateSeptember 27, 2021
Property Tax Amount$5,048 in 2024
Purchase Price$439,900

Occupancy

Resident 1****************** age 47

Property Details for 11578 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

$247 / sq ft

4% below market

Lot Size Area

$75 / sq ft

1% above market

Property condition, age, exterior, etc. for 11578 Blac…
Longitude: -82.346713 Latitude: 27.100138 Parcel Number (APN): 0734-03-0021…
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Market Benchmarks

Compare data for 11578 Blackfin St in Sarasota County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$490,265
$352,849
$137,415 (39%)
$******
$469,783
$38,138 (8%)
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
$247
$217
$30 (14%)
Lot Size
6,500 sq ft
9,599 sq ft
-3099 (-32%)
$ Per Lot Sq Ft
$75
$40
$35 (87%)

Net Operating Income
$*****
$19,987
-$1,567 (-8%)
Annual Revenue
$31,200
$29,400
$1,800 (6%)
$*****
$9,588
$3,192 (33%)
Net Operating Income
$*****
$19,987
-$1,567 (-8%)
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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