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Boca Grande Subleasehold Estate
For Sale
$165,000

5820 GASPARILLA Rd 30, Boca Grande, FL 33921

Subleasehold estate in Boca Grande with special assessment.

Property SizeContact for details
Lot Size1.05 Acres
Days on Market274

Property Features for 5820 GASPARILLA Rd 30

General Information

Standard status Active
Lot size 1.05 Acres
Property subtype Other

Taxes and HOA fees

Annual Taxes $16,832

Building Details

Year Built 1981
Stories 1
Listing Agency:
Listed By: Becky Paterson
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 20 Last Checked: Aug 28 at 3:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Becky Paterson

Investment Insights

Based on property information with market context.

This property is held as a subleasehold estate, with a certificate of sublease issued in lieu of a deed. A special assessment was passed to replenish reserves. The first 30% of the assessment was paid in 2023, and the remaining 70% will be split over eight quarters in 2024 and 2025, amounting to $1200 per quarter. The buyer is responsible for paying the title premium, documentary transfer tax, and a 6% sales tax at closing. Complete documents are available in the listing office.

Key Highlights

  • Year Built: 1981
  • Ownership is held as a SUBLEASEHOLD Estate.
  • A certificate of Sublease is issued in lieu of a deed.

Property Analytics

Current Use

Multifamily properties

Location Intelligence

Trade Area within ½ mile

37
Businesses Nearby

Demographics for 33921, FL

1,283
Population
1,749
Households
0.7
Avg Household Size
71
Median Age
62%
College-Educated
96%
High-School Grad
2.8 sq mi
ZIP Area
458
Density / Sq Mi
$121,849
Median Household Income
$2,000,001
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Subleasehold estate in Boca Grande with special assessment.
Where is this multifamily property located?
The property is located at 5820 GASPARILLA Rd 30 Boca Grande, FL.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Year Built: 1981; Ownership is held as a SUBLEASEHOLD Estate.; A certificate of Sublease is issued in lieu of a deed.
More about this property
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