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    34240 Co Rd, Unit 437 Sorrento, FL

    For Sale
    $2,600,000

    9.33 acres of agricultural land with existing residential building.

    Lot size:
    9.33 Acres

    Property Features for 34240 Co Rd

    General Information

    Lot size
    9.33 Acres

    Source: Palkiper Commercial Real Estate Services Agent Marie Shorey

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    9.33 Acres Agricultural Land Available

    This property features approximately 9.33 acres of land with about 590 feet of frontage. It is zoned for agriculture but can be rezoned. The Future Land Use (FLU) designation is Receiving Area A-1-20. An existing 1,051 square foot residential building is located on the premises.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Sorrento
    County
    Lake
    State
    Florida
    Longitude
    -81.5636838
    Latitude
    28.80777

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    FAQs

    What type of property is this?
    Land - 9.33 acres of agricultural land with existing residential building.
    Where is this land located?
    The property is located at 34240 Co Rd, Unit 437 Sorrento, 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: - ±9.33 Acres total; - **±590’ Frontage**; - Zoned for Agriculture (Can be rezoned)
    (407) 383-8142
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    Sorrento, FL
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    Realmo Value Estimation

    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.

    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.

    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
    34240 Co Rd, Unit 437 Sorrento, FL
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