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    Tbd Ironside St North Port, FL 34288

    Sponsored
    For Sale
    Contact for pricing

    Residential - North Port, FL

    Lot size:
    0.23 Acres
    Days on Market:
    4
    Last Refresh:
    Jan 24 at 6:06 pm

    Property Features for Tbd Ironside St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1132212330
    Lot size
    0.23 Acres

    Utilities

    Sewer type
    Septic Tank
    Water source
    Other
    Water front features
    Creek, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Pablo Martinez
    Pablo Martinez

    Avanti Way Premiere (305) 776-4746

    Listing agent Pablo Martinez (305) 776-4746 License #3115116

    Listing date Jan 21, 2026

    MLS# A11948205 Listing URL

    Copyright © 2026 Miami Association of REALTORS®. 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

    Vacant Residential Lot in North Port

    This vacant residential lot is located on Ironside Street in North Port, Sarasota County. The 10,158 sq.ft parcel is situated within the established Port Charlotte Subdivision 45, an area experiencing continued residential growth, nearby new construction, and strong long-term appreciation trends. The property offers an excellent opportunity to build a single-family residence or strategically hold land in one of Southwest Florida’s fastest-growing cities. The surrounding neighborhood includes existing homes and multiple vacant parcels, supporting future residential development and potential assemblage with adjacent lots. Convenient access to Interstate 75. Centrally located between Sarasota and Fort Myers, shopping centers, dining, schools, and employment hubs. Gulf Coast beaches, golf courses, outdoor recreation, the Cocoplum Village Shops, Warm Mineral Springs, and the Atlanta Braves Spring Training Stadium are all within a reasonable driving distance, making the location attractive for both primary residence and investment purposes. The property is currently vacant with no HOA and no CDD fees, offering flexible ownership and lower holding costs. An ideal opportunity to secure land in a steadily expanding residential market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    North Port
    County
    Sarasota
    State
    Florida
    Longitude
    -82.1205
    Latitude
    27.0533

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    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot in a growing North Port neighborhood.
    Where is this residential land & home lot located?
    The property is located at Tbd Ironside St North Port, FL.
    What is the asking price?
    The asking price for this property is $10,000.
    What are key features of this property?
    This property features: - Located in North Port, one of Southwest Florida's fastest-growing cities.; - Vacant 10,158 sq.ft lot ready for immediate single-family home construction.; - No HOA or CDD fees, providing flexible ownership.
    (954) 608-2801
    Request Owner's contact information
    Tbd Ironside St North Port, FL 34288
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    North Port, FL 34288
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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
    Tbd Ironside St North Port, FL 34288
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    We can help!
    Listing Contact
    Pablo Martinez
    Pablo Martinez
    Real Estate License ID: 3115116
    (954) 608-2801
    Learn more
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