Neighborhood
11008 Water Lily Way, Lakewood Ranch, FL 34202
3 beds · 2 baths · 2,033 sq ft · Lot: 7,797 sq ft · Single Family Home · Last Sold: $280K in 2013 · Built: 2000
Est. Value:
$467K
Est. Rent:
$3.5K/month

11008 Water Lily Way Lakewood Ranch, FL 34202

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3 beds · 2 baths · 2,033 sq ft · Lot Size: 7,797 sq ft · Single Family Home · Riverwalk
Est. Property Value: $467,290

High Demand Long-Term RentalOwned for 10 - 15 YearsOwner Age Above 75

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11008 Water Lily Way 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 2000 and is approximately 25 years old. The single family home spans 2033 sq ft with 3 bedrooms and 2 bathrooms and sits on a 7797 sq ft lot. According to public records, it was last sold in 2013 for $280,150 and has a tax-assessed value of $511,367, which is $230 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 11008 Water Lily Way Lakewood Ranch, FL 34202 with Property Intel by Whitepages.

Investment Potential for 11008 Water Lily Way

The property has a current estimated value of $467,290, which is 12% above the neighborhood median, based on public records. It last sold on October 15, 2013 for $280K. Projected long-term
is $42,000 annually ($3,500 per month) with a 81% occupancy rate.

Discover more Single Family Homes in Riverwalk.
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Long-Term

Gross Rental
$42,000 per year($3,500 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
81%in 34202 zip code
 
View Rental Potential

Owners & Occupancy for 11008 Water Lily Way

This property is owned by Norma H Ballard. Owner contact information includes 2 phone numbers and 5 email addresses.

Property Owners

Cell Phone(941) ***-****View Cell Phone
Residence******************
Landline
Distance from Property**********
Email Address*****@bellsouth.netView Email
View All Owner Info

Property Ownership Information

Purchase DateOctober 15, 2013
Property Tax Amount$1,808 in 2024
Purchase Price$280,150

Occupancy

Current Occupancy*****View Occupancy
Resident 1*************** age 76

Property Details for 11008 Water Lily Way

Property Details

Property Sq Ft

Living Area

2,033 sq ft

0% above market

Lot Size

7,797 sq ft

7% below market

Price Per Sq Ft

Living Area

$230 / sq ft

11% above market

Lot Size Area

$60 / sq ft

13% above market

Property condition, age, exterior, etc. for 11008 Wate…
Longitude: -82.430431 Latitude: 27.406904 Parcel Number (APN): 5841-7260-9…
Mortgage originated on through lender: Iberiabank Mtg for$******View Mortgage Details
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Market Benchmarks

Compare data for 11008 Water Lily Way in Manatee County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$467,290
$352,849
$114,441 (32%)
$******
$469,783
$185,351 (39%)
YoY Price Change
****%
1.8%
-67%
Year Built
2000
1990
10 years
Living Space
2,033 sq ft
1,630 sq ft
403 (25%)
$ Per Living Sq Ft
$230
$217
$13 (6%)
Lot Size
7,797 sq ft
9,599 sq ft
-1802 (-19%)
$ Per Lot Sq Ft
$60
$40
$20 (49%)

Net Operating Income
$*****
$19,987
$11,180 (56%)
Annual Revenue
$42,000
$29,400
$12,600 (43%)
$*****
$9,588
$1,245 (13%)
Net Operating Income
$*****
$19,987
$11,180 (56%)
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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