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1501 North Dr; Sarasota, FL Property Details

1501 North Dr, Sarasota, FL is a Apt House 5+ Units that was built in 1950. This property is currently a cash purchase and is not for sale. Our records show that 1501 North Dr has 4 bedrooms, and 5 bathrooms, and a total of 5,296 square feet. The lot size of 1501 North Dr is 39,475 square feet.

Off market
1501 North Dr Sarasota, FL 34239
$7,000 Listing Price
4 Beds
5 Baths
5,296 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1950
  • Purchase Price: $2,500,000
  • Est. Equity / %: $6,477,000 / 100%
  • APN: 2038-14-0005
  • Situs County: Sarasota
  • Length Of Ownership: 12 years, 6 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full Bathrooms: 5
  • Total Rooms: 10

Structure

  • Building Style: Wood
  • Floor Cover Type: Wood
  • Stories: 2
  • Exterior Wall Type: Wood Siding
  • Interior Wall Type: Paneling
  • Building Condition: Average
  • Building Quality: C+
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 5,296/SqFt
  • Lot: 39,475/SqFt
  • Gross: 5,968/SqFt
  • Garage: 539/SqFt
  • Living: 5,296/SqFt
  • Building: 5,968/SqFt
  • Ground: 4,630/SqFt
  • Price Per Square Foot: $472.05

Legal Description

  • Description: N 180 FT OF LOT 2 BLK J CHEROKEE PARK
Building Insights

Land Information

  • Property Type: Apt House 5+ Units
  • Within Flood Zone: True
  • Flood Zone: VE / High Risk - Coastal
  • School District: Sarasota County School District
  • Lat / Lon: 27.308952 / -82.53931
  • Subdivision: Cherokee Park 2
  • Property Class: Residential
  • Zoning: RSFE
  • County Use Code: 0810

Amenities

  • Plus Four: 5014
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Carport
  • Heating: Central

HOA

  • H O A One: $325
  • H O A Amount: $325
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

1501 North Dr has no associated ownership info
1501 North Dr has no associated ownership info.

Taxes

1501 North Dr has 9 associated Taxes items

1501 North Dr, Sarasota, FL pays taxes in Sarasota County, FL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $3,679,694. The APN we've located for 1501 North Dr is 2038-14-0005.

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Taxes
  • Assessed Value:  $3,679,694
  • Assessed Year:  2025
  • Assessed County:  Sarasota
  • APN:  2038-14-0005
  • Market Land Value:  3653400
  • Tax Amount:  55527.38
  • Tax Year:  2024
  • Market Value:  4123100
  • Market Year:  2025

Tax History

1501 North Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $3,679,694 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $3,345,176 Land Value Improvement Value Tax Amount $55,527.38 Change Rate +0.073112% Assessed CR Tax Rate +0.016599%
Year 2023 Assessed Value $3,991,200 Land Value $3,388,200 Improvement Value $603,000 Tax Amount $51,744.27 Change Rate +0.095153% Assessed CR Tax Rate +0.012965%
Year 2022 Assessed Value $3,590,200 Land Value $3,057,200 Improvement Value $533,000 Tax Amount $47,248.46 Change Rate +0.109824% Assessed CR Tax Rate +0.01316%
Year 2021 Assessed Value $2,936,600 Land Value $2,629,900 Improvement Value $306,700 Tax Amount $42,572.93 Change Rate Assessed CR Tax Rate +0.014497%
Year 2020 Assessed Value $2,284,800 Land Value $1,999,500 Improvement Value $285,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $2,237,300 Land Value $1,948,300 Improvement Value $289,000 Tax Amount $36,255.7 Change Rate -0.01853% Assessed CR Tax Rate +0.016205%
Year 2018 Assessed Value $2,273,400 Land Value $1,948,300 Improvement Value $325,100 Tax Amount $36,940.21 Change Rate +0.052118% Assessed CR Tax Rate +0.016249%
Year 2017 Assessed Value $2,359,900 Land Value $1,939,800 Improvement Value $420,100 Tax Amount $35,110.34 Change Rate Assessed CR Tax Rate +0.014878%
Year 2016 Assessed Value $2,360,800 Land Value $2,035,900 Improvement Value $324,900 Tax Amount $35,110.34 Change Rate Assessed CR Tax Rate +0.014872%
Year 2015 Assessed Value $2,053,000 Land Value $1,743,200 Improvement Value $309,800 Tax Amount $35,110.34 Change Rate +1.138794% Assessed CR Tax Rate +0.017102%
Year 2014 Assessed Value $954,717 Land Value Improvement Value Tax Amount $16,415.95 Change Rate Assessed CR Tax Rate +0.017195%