Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Grand Canal Homesite Opportunity Title is generated by Realmo AI

    538 67TH STREET, Holmes Beach, FL 34217

    View on Map
    Claim this Listing
    For Sale
    $2,600,000

    Land - HOLMES BEACH, FL

    Lot size:
    0.26 Acres
    Added:
    Aug 29, 2025
    Days on Market:
    281
    Last Refresh:
    Jun 5 at 2:06 pm

    Property Features for 538 67TH STREET

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R1
    Exterior features
    Dock
    Dock
    1
    Standard status
    Active
    APN
    7129410952
    Lot size
    0.26 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    17564.48

    Utilities

    Water front features
    Canal - Saltwater, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Peggy Douglas

    Listing agent Peggy Douglas License #3047021

    Listing office BARK & COMPANY REALTY, INC. 5348 Gulf Drive, Holmes Beach, FL

    Listing date Aug 29, 2025

    MLS# A4663596 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • One of the largest lots on the grand canal (11,400 sq ft).
    • Enjoy sailboat water with no bridges to the Gulf or Intercoastal.
    • Rare opportunity for a lot of this size on the grand canal.
    • Walking distance to the beach, shops, and trolley.
    • Zoning allows for 1‑month rentals.
    • Quick boat ride to Galati Marina.

    Overview

    This is a rare opportunity to acquire one of the largest lots available on the Grand Canal, encompassing 11,400 square feet. The property is zoned R1 and allows for 1-month rentals. This lot offers sailboat water access with no bridges to the Gulf or Intercoastal Waterway. The location provides convenient access to nearby amenities, including walking distance to the beach, shops, and the trolley. Additionally, Galati Marina is a short boat ride away for fueling needs. The property is located in Holmes Beach, Florida.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Holmes Beach
    County
    Manatee
    State
    Florida
    Longitude
    -82.714469
    Latitude
    27.517592

    Nearby Similar for Sale

    • $525,000
      988 SF

      Holmes Beach Office Space Available

      Rare office space in the heart of Holmes Beach.
      3909 E BAY DRIVE, HOLMES BEACH, FL 34217
      View Details
    • $2,100,000
      2,320 SF

      Turnkey Duplex Near Gulf Beaches

      Renovated 5-bedroom duplex near beaches, excellent rental income potential.
      201 54TH STREET, HOLMES BEACH, FL 34217
      View Details
    • $2,150,000
      2,188 SF

      Holmes Beach Turnkey Duplex

      Two-unit property near Gulf beaches with rental potential.
      314 61ST STREET, HOLMES BEACH, FL 34217
      View Details
    • $1,399,000
      1,500 SF

      Turnkey Duplex Near Beach Access

      Luxurious duplex near the beach, operating as a successful Airbnb.
      3604 GULF DRIVE, HOLMES BEACH, FL 34217
      View Details
    • $995,000

      Anna Maria Island Buildable Lot

      Rare .34-acre lot to create your Florida dream retreat.
      28TH STREET, HOLMES BEACH, FL 34217
      View Details
    • $525,000
      988 SF

      Holmes Beach Office Space Available

      Rare office space in the heart of Holmes Beach.
      3909 E BAY Dr 115, Holmes Beach, FL 34217
      View Details
    • $6,245,000

      Beachfront Development Land

      Build-ready beachfront parcel with a DEP permit allowing up to 6,558 square feet of living space.
      102 SUNSET LANE, HOLMES BEACH, FL 34217
      View Details
    • $775,000

      Beachfront Condo-Hotel Unit

      Income-producing beachfront condo-hotel unit on Anna Maria Island.
      101 66TH St 6, Holmes Beach, FL 34217
      View Details
    • $697,500

      Cleared Corner Lot Near Beach

      Cleared corner lot near the beach, perfect for custom home.
      237 S HARBOR DRIVE, HOLMES BEACH, FL 34217
      View Details
    • $4,200,000

      Beachfront Property on Anna Maria Island

      Waterfront living with Gulf views. Turnkey property with rental income.
      3007 AVENUE F, Holmes Beach, FL 34217
      View Details
    • $3,650,000

      Bayfront Lot in Key Royale

      Exceptional bayfront lot in desirable Key Royale neighborhood.
      659 KEY ROYALE DRIVE, HOLMES BEACH, FL 34217
      View Details
    • $6,250,000
      6,558 SF

      Anna Maria Island Beachfront Parcel

      Estate-sized beachfront parcel with Gulf frontage on Anna Maria Island.
      102 SUNSET LANE, HOLMES BEACH, FL 34217
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Rare large lot on Grand Canal, sailboat water, near beach.
    Where is this residential land & home lot located?
    The property is located at 538 67TH STREET Holmes Beach, FL.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: One of the largest lots on the grand canal (11,400 sq ft).; Enjoy sailboat water with no bridges to the Gulf or Intercoastal.; Rare opportunity for a lot of this size on the grand canal.
    (941) 778-4290
    We can help!
    Listing Contact
    Peggy Douglas
    Real Estate License ID: 3047021
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    538 67TH STREET, HOLMES BEACH, FL 34217
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!