tomo logo

$5,750,000

Beds
3
Baths
3.0
sq ft
1,945

1109 Twin Laurel Blvd, Nokomis, FL 34275

1109 Twin Laurel Blvd

NOKOMIS, FL 34275

  • 170 days on market
Awesome development opportunity on 5.9 acres close to the new Sarasota Memorial Hospital and Sarsasota County Sherriff's building as well as Publix shopping plaza and restaurants nearby. Only 4.5 miles to Nokomis Beach or 6.6 miles to Venice Beach. 32 acre mixed use development proposed and rezoned to our east (330 Apartments, 60 bed assisted living facility, climate controlled storage, office space, hotel, and commercial space.

Details

Property type

Single Family Residence

Est. home value

$1,917,569

Lot size

5.91 acres

Price per sq ft

$2,957

Year built

1987

Annual property taxes

$5,906

Price History

06/06/2024
StellarMLS

StellarMLS #N6133285

Listed
$5,750,000
+51.32%
03/19/2024
StellarMLS

StellarMLS #N6115276

Removed
$3,800,000
09/20/2023
StellarMLS

StellarMLS #N6115276

Pending
$3,800,000
+785.78%

Schools & Community

Elementary school: 

Laurel Nokomis Elementary

Middle school: 

Venice Area Middle

High school: 

Venice Senior High

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$4,854,591
Asking price
$5,750,000
Closing costs (~8% of asking)
-$460,000
Est. remaining loan balance
-$435,409
Cash to seller
$4,854,591

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

November 2020

Original loan amount

$477,402

Est. remaining balance

$435,409

Interest rate

2.81%

Loan type

VA, 30 year

Seller

Andrew M Pepper

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/23/2024 at 3:45 AM

Listing updated: 06/10/2024 at 12:21 PM

Listed by: Andrew Pepper, PLLC, KELLER WILLIAMS ON THE WATER S Phone #: (941) 803-7522

MLS: StellarMLS #N6133285

StellarMLS logo

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