Neighborhood
11520 Sweetflag Dr, Lakewood Ranch, FL 34202
3 beds · 2 baths · 2,671 sq ft · Lot: 6,721 sq ft · Single Family Home · Last Sold: $226K in 2001 · Built: 2001
Est. Value:
$465K
Est. Rent:
$3.5K/month

11520 Sweetflag Dr Lakewood Ranch, FL 34202

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3 beds · 2 baths · 2,671 sq ft · Lot Size: 6,721 sq ft · Single Family Home · Riverwalk
Est. Property Value: $465,367

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11520 Sweetflag Dr is in the Riverwalk neighborhood of Lakewood Ranch, FL. It is located in Manatee County and ZIP code 34202. This Single Family Home was built in 2001 and is approximately 24 years old. The single family home spans 2671 sq ft with 3 bedrooms and 2 bathrooms and sits on a 6721 sq ft lot. According to public records, it was last sold in 2001 for $225,900 and has a tax-assessed value of $537,676, which is $174 per sq ft. The Riverwalk area of Lakewood Ranch has 189 residential homes with an average size of 2029 sq ft. Analyze and compare real estate investment strategies for properties like this home at 11520 Sweetflag Dr Lakewood Ranch, FL 34202 with Property Intel by Whitepages.

Investment Potential for 11520 Sweetflag Dr

The property has a current estimated value of $465,367, which is 11% above the neighborhood median, based on public records. It last sold on March 30, 2001 for $226K. Projected long-term
is $42,600 annually ($3,550 per month) with a 81% occupancy rate.

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Long-Term

Gross Rental
$42,600 per year($3,550 per month)
Net Operating Income
Cap Rate
Occupancy Rate
81%in 34202 zip code
 
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Owners & Occupancy for 11520 Sweetflag Dr

This property is owned by David A Griese. Owner contact information includes 9 phone numbers and 5 email addresses.

Property Owners

Cell Phone(941) ***-****View Cell Phone
Residence******************
Landline(920) 788-1377
Distance from Property**********
Email Address************@gmail.comView Email
Cell Phone(941) ***-****View Cell Phone
Residence******************
Landline(516) 873-6571
Distance from Property**********
Email Address***********@gmail.comView Email

Property Ownership Information

Purchase DateMarch 30, 2001
Property Tax Amount$4,570 in 2024
Purchase Price$225,900

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************** age 77
Resident 2************** age 78

Property Details for 11520 Sweetflag Dr

Property Details

Property Sq Ft

Living Area

2,671 sq ft

32% above market

Lot Size

6,721 sq ft

20% below market

Price Per Sq Ft

Living Area

$174 / sq ft

16% below market

Lot Size Area

$69 / sq ft

31% above market

Property condition, age, exterior, etc. for 11520 Swee…
Longitude: -82.426773 Latitude: 27.412108 Parcel Number (APN): 5872-0915-9…
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Market Benchmarks

Compare data for 11520 Sweetflag Dr in Manatee County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$465,367
$352,849
$112,518 (32%)
$469,783
$182,655 (39%)
YoY Price Change
1.8%
-61%
Year Built
2001
1990
11 years
Living Space
2,671 sq ft
1,630 sq ft
1041 (64%)
$ Per Living Sq Ft
$174
$217
-$42 (-20%)
Lot Size
6,721 sq ft
9,599 sq ft
-2878 (-30%)
$ Per Lot Sq Ft
$69
$40
$29 (72%)

Net Operating Income
$19,987
$8,951 (45%)
Annual Revenue
$42,600
$29,400
$13,200 (45%)
$9,588
$4,074 (42%)
Net Operating Income
$19,987
$8,951 (45%)
Cap Rate
5.67%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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