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    9510 36Th Ave E Palmetto, FL 34221

    View on Map
    Sponsored
    For Sale
    $1,500,000

    Mediterranean, Farm - PALMETTO, FL

    Type:Farm
    Property size:
    3,946 SF
    Lot size:
    4.90 Acres
    Days on Market:
    13
    Last Refresh:
    Mar 7 at 3:06 am

    Property Features for 9510 36Th Ave E

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Security features
    Security Gate, Security System
    Zoning
    A1
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
    Bedrooms
    5
    Bathrooms
    3
    APN
    640215000
    Parking features
    Driveway, Garage, Garage - Attached, Oversized, Workshop
    Pets allowed
    Yes
    Pool private
    1
    Interior features
    Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Primarybedroom Upstairs, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-in Closet(s)
    Exterior features
    Fencing, French Doors, Pool
    Fencing
    Fenced, Gate
    Fireplace
    1
    Appliances
    Cooktop, Microwave, Refrigerator
    Size
    3,946 SF
    Lot size
    4.90 Acres

    Utilities

    Heating system
    Fireplace(s), Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1979
    Flooring type
    Carpet, Tile
    Building materials
    Stucco
    Roof type
    Built-Up
    Architectural style
    Mediterranean

    We can help!

    Listing Contact
    Randall Ierna

    Century 21 Coastal Alliance (914) 755-2245

    Listing agent Randall Ierna (727) 867-8633 License #173684

    Listing date Feb 23, 2026

    MLS# TB8418785 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.

    Learn more

    Property Insight Report

    Overview

    Equestrian Center with Mediterranean Home

    The Skyway Equestrian Center, a 4.9-acre horse ranch in Palmetto, Florida, features board and cross fencing. A paved driveway meanders around a pond with a footbridge, leading to a 3,967 sq. ft. two-story Mediterranean-style home with 5 bedrooms, 3 baths, a barrel tile roof trim, a flat roof, and a 3-car attached garage. The home includes a large eat-in kitchen, a great room with a wood-burning fireplace, an impressive entrance foyer, modern appliances, tile, and an island. Floor coverings are carpet and tile. Upstairs are spacious bedrooms and an elevated deck spanning the width of the house. Out back is a large screened-in porch overlooking the firepit, paddock, vinyl-clad log cabin guest house, and barn. The cabin has 1 bedroom, 1 bath, a great room, and a modern kitchen, suitable as guest quarters or a residence for a farm manager. The property also includes a 20-stall horse barn with a tack room, 1/2 bath, and water to the stalls. The barn features pavers for the common area floor, and the stalls are full-sized. The back of the barn leads to a fenced training circle. The location is a short drive to Interstate 275 and is equidistant to Tampa, St. Petersburg, and Sarasota-Bradenton. The property is intended for equestrian use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Skin Care Clinic Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Palmetto
    County
    Manatee
    State
    Florida
    Longitude
    -82.526037
    Latitude
    27.59933

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    FAQs

    What type of property is this?
    Horse & equestrian property - 4.9-acre horse ranch with home, cabin, and 20-stall barn.
    Where is this horse & equestrian property located?
    The property is located at 9510 36Th Ave E Palmetto, FL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - 20-stall horse barn with tack room, 1/2 bath, water to stalls, and fenced training circle.; - Nearly 5-acre horse ranch with board fencing and cross fencing.; - Stunning 3,967 Sq. Ft. Mediterranean-style home with 5 bedrooms, 3 baths, barrel tile roof trim, and a 3-car attached garage.
    (727) 647-0813
    Request Owner's contact information
    9510 36Th Ave E Palmetto, FL 34221
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    Palmetto, FL 34221
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    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
    9510 36Th Ave E Palmetto, FL 34221
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    We can help!
    Listing Contact
    Randall Ierna
    Real Estate License ID: 173684
    (727) 647-0813 (727) 867-8633
    Learn more
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