Neighborhood
11503 Sweetflag Dr, Lakewood Ranch, FL 34202
3 beds · 2 baths · 1,983 sq ft · Lot: 7,126 sq ft · Single Family Home · Last Sold: $310K in 2005 · Built: 2001
Est. Value:
$378K
Est. Rent:
$2.5K/month

11503 Sweetflag Dr Lakewood Ranch, FL 34202

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3 beds · 2 baths · 1,983 sq ft · Lot Size: 7,126 sq ft · Single Family Home · Riverwalk
Est. Property Value: $378,002

Owned for 15 - 25 YearsOwner Age 45 - 55

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11503 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 1983 sq ft with 3 bedrooms and 2 bathrooms and sits on a 7126 sq ft lot. According to public records, it was last sold in 2005 for $310,000 and has a tax-assessed value of $420,715, which is $191 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 11503 Sweetflag Dr Lakewood Ranch, FL 34202 with Property Intel by Whitepages.

Investment Potential for 11503 Sweetflag Dr

The property has a current estimated value of $378,002, which is 10% below the neighborhood median, based on public records. It last sold on April 01, 2005 for $310K. Projected long-term
is $30,000 annually ($2,500 per month) with a 81% occupancy rate.

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Long-Term

Gross Rental
$30,000 per year($2,500 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
81%in 34202 zip code
 
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Owners & Occupancy for 11503 Sweetflag Dr

This property is owned by Mark S Densmore. Owner contact information includes 7 phone numbers and 4 email addresses.

Property Owners

OccupationBoard-Certified Forensic Engineer, Msd Engineering, LLC.
Cell Phone(386) ***-****View Cell Phone
Residence******************
Landline
Distance from Property**********
Email Address************@hotmail.comView Email

Cell Phone(941) ***-****View Cell Phone
Residence******************
Landline
Distance from Property**********
Email Address*******************@hotmail.comView Email
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Property Ownership Information

Purchase DateApril 01, 2005
Property Tax Amount$4,570 in 2024
Purchase Price$310,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1******************* age 52
Resident 2*************** age 53

Property Details for 11503 Sweetflag Dr

Property Details

Property Sq Ft

Living Area

1,983 sq ft

2% below market

Lot Size

7,126 sq ft

15% below market

Price Per Sq Ft

Living Area

$191 / sq ft

8% below market

Lot Size Area

$53 / sq ft

0% above market

Property condition, age, exterior, etc. for 11503 Swee…
Longitude: -82.427423 Latitude: 27.412822 Parcel Number (APN): 5872-0930-9…
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Market Benchmarks

Compare data for 11503 Sweetflag Dr in Manatee County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$378,002
$352,849
$25,153 (7%)
$******
$469,783
$60,171 (13%)
YoY Price Change
****%
1.8%
200%
Year Built
2001
1990
11 years
Living Space
1,983 sq ft
1,630 sq ft
353 (22%)
$ Per Living Sq Ft
$191
$217
-$26 (-12%)
Lot Size
7,126 sq ft
9,599 sq ft
-2473 (-26%)
$ Per Lot Sq Ft
$53
$40
$13 (32%)

Net Operating Income
$*****
$19,987
-$1,321 (-7%)
Annual Revenue
$30,000
$29,400
$600 (2%)
$*****
$9,588
$1,746 (18%)
Net Operating Income
$*****
$19,987
-$1,321 (-7%)
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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