4950 N Sumter Boulevard, photo 1
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Overview

0 baOther
TypeOther
HOANone listed
Lot392,475 sqft

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About this home

4950 N Sumter Boulevard is a home in Port Charlotte Sub 29, North Port.

From the listing

This is 9.01 Acres ( more or less ) of vacant land at the southeast quadrant of the intersection of I-75 and N Sumter Blvd in North Port. This property is adjacent to the New Sarasota Memorial Hospital on the same Tract ( A ). The Hospital is currently under construction. There is also a fifty (50) foot wide access easement to this property from Sumter Blvd.. There are many possible uses for this property. The current zoning is PCDN--Planned Community Development. Don't Delay, Call Today!

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The essentials

On market
919 days
Annual tax
$6,345
Lot
392,475 sqft
Type
Other

At a glance

Payment

Est. monthly payment
$57,111/mo
Down payment (20%)
$1,980,000
Property taxes
$529/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Other
Year Built
-
Lot
392,475 sqft
Cooling
-
Heating
-
Parking
-
Days on Market
919
Annual Tax (2023)
$6,345

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Port Charlotte Sub 29
County
Sarasota
Lot Size
392,475 sqft

Price history

Date
Event
Price
-
Price change
Source: Stellar MLS #C7490809
$9,900,000-10.0%
4/4/2024
Listed for sale
Source: Stellar MLS #C7490809
$11,000,000

Neighborhood

4950 N Sumter Boulevard
North Port, FL, 34286

Market insights

Offer Insights

Choose an offer strength

List price: $9,900,000
$9.75M – $9.90M
98.5% – 100% of listTops out right at the list price
80% of listList price
164 of the last 326 home closings in 34286 landed at this number or higher (50%). The median one sat 46 days before it went under contract, and this one is on day 919 after a $1,100,000 cut.

Sample: 326 closed home sales in 34286 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$57,111/mo
Principal & interest$51,632
Property taxes$529
Insurance$4,950
Down payment20% · $1,980,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$9,900,000

Time on market

919 days

Monthly payment

About $57,111/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $6,345 annual tax bill, insurance.

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Have another question?

Brokered byBARNES & PHILLIPS REAL ESTATEListing agent: Wayne RoseListing data from Stellar MLS, MLS# C7490809.

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