2826 West Rainbow Circle, Sarasota, FL 34231

Sarasota
Building in 34231
2 Stories
Built in 1971
2826 W Rainbow Circle - Photo 1
$2,000
|
2 Bed
|
1 Bath
By Isaiah Miller
Welcome to 2826 West Rainbow Circle, a building located in Sarasota in Sarasota, FL. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1971. There are a total of 2 floors. Finally, 2826 West Rainbow Circle was most recently sold on Jan 2, 2014 for $1,075,000. The market value for the land that the building sits on has been listed at $520,000. In addition, improvements upon the building have an added value of $3,084,100. In total, the total market value of the property as a whole is $3,604,100. According to local assessors, the total value of the building is currently valued at $3,604,100. Specifically, the value of the land that the property sits on has been assessed at $520,000. The building was last assessed in 2023. There are another one buildings located on the same land that 2826 West Rainbow Circle was built on.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
General
Year Built
1971
Effective Year Built
2002
Building Count
5
Total Rooms
40
Bedroom Count
20
Bathroom Count
36
Full Bathrooms
36
Partial Bathrooms
36
Building Condition
Average
Building Quality
D-
Construction Type
Masonry
Building Style
Multifamily
Exterior Walls Type
Stucco
Interior Walls Type
Gypsum board (drywall, sheetrock, etc.)
Roof Shape Type
Hip
Roof Cover Type
Asphalt
Floor Count
2
Living Units
4
Business/Commerical Units Count
4
Floor Cover
Carpet
Basement Type
unknown
Basement Area
0
Garage Type
Garage
Garage Square Area
56
Parking Space Count
6
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Location Influence Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Subdivision
SARASOTA-VENICE CO SUB 04-37-18 2
Land Acres
2.036
Standard Land Use Code
Multi-family dwellings (generic, 2+)
County Land Use Code
unknown
State Land Use Code
unknown
Legal Description 1
BEG AT NW COR OF SEC 4, TH S 1539.3 FT ALG W LINE OF SAID SEC TO PT TH E 215 FT FOR POB TH E 109 FT S 130.1 FT TH W 109 FT TH N 130.1 FT TO POB & COM AT SW COR TRACT 7 TH E 25 FT TH N 645.3 FT TO S
Neighborhood
School District Name
Sarasota County School District
School Tax School District
A055 F052 G054
Census Tract
001704
Census Block Code
1017
Census Group
1
Census Year
2020
Census - Combined Statistical Area - Area Code
412
Census - Combined Statistical Area - Area Name
North Port-Sarasota, FL
Census - County FIPS
12115
Census - Full FIPS
121150017041017
Census - Metro Micro Statistical Area - Area Code
35840
Census - Metro Micro Statistical Area - Area Name
North Port-Sarasota-Bradenton, FL
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
1260475
Census Source
US Census Bureau
Census State FIPS
12
Census Tract Code
001704
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
1201680
School District - Unified - Name
Sarasota County School District
Zoning
Zoning
RMF3
Geography
Assessors Map Reference
29-4
Account Number
0072120057
Subdivision Tract Number
7
Parcel
0072-12-0057
Block
2
Lot
7
Lot Code
unknown
Meridian
SEC 04 TWN 37S RNG 18E
Municipality
SARASOTA COUNTY
Latitude
27.2947
Longitude
-82.5135
FIPS
12115
Mailing Carrier Code
C097
Mailing Full Street Address
2806 MAIDEN LN
Mailing House Number
2806
Mailing Street Mode
LN
Mailing Street
MAIDEN
Mailing 4-Digit Zip Code
6551
Old APN
72120057
Geo Status Code
unknown
Valuation
Timestamp
2024-01-17 19:54:43
UCID Flag
C
More About The Building
In total, the building area is listed as 20,650 square feet. The building itself has 21,802 square footage of total floor area. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 2826 West Rainbow Circle is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the 34231 area have a median price of $2,500. Those in the 25th percentile, have a price around $1,998. While those in the 75th percentile, have a price around $3,600. Typically, the buildings in this area have a median sqft of 1,226. That means that the median price per sqft is around $26. In other words, the price per sqft for buildings in the 25th percentile is $21. While the price per sqft for buildings in the 75th percentile is $33. As a breakdown, we've included the following stats:

  • There is currently one advertised studio listing. The median price for these types of listings is $1,700. That's $22.67 price per sqft.

  • There are currently a total of 24 one bedroom listings. The median price for these types of listings is $1,800. That's $29.25 price per sqft.

  • There are currently a total of 119 two bedroom listings. The median price for these types of listings is $2,200. That's $23.99 price per sqft.

  • There are currently a total of 67 three bedroom listings. The median price for these types of listings is $3,500. That's $24.97 price per sqft.

  • There are currently a total of 13 four bedroom listings. The median price for these types of listings is $4,950. That's $33.09 price per sqft.
About The Area
2826 West Rainbow Circle is located in 34231. There are 29,687 people living here. There are 14,167 households. Most of these households have an average family size of 2.84 people. According to the census, 38% are currently renting while 62% own their homes. The median age of this population is around 51.6 years old. On average, most folks in the zipcode are unmarried. About 15% of folks speak a language other than English in this area. The area's employment rate is currently around 52.9%. Speaking of employment, the median income is $47,281. Most folks will commute by car for around 21.9 minutes. Finally, we know that 29% of residents in the area have graduated with their high school degree. Additionally, 19% and 12% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Sarasota County, Florida has a population of 398,011 people. Based on census records, there are 175,576 registered households. Families in this area are on average made up of 2.8 people per household. Most folks are unmarried. They are also typically around 54.5 years old. Does diversity matter to you? Right now, 13% of folks speak a language other than English here. About 27% rent while 73% purchased their homes. Right now, the community is made up of 30% of residents who have graduated with at least a high school degree. On top of that, 20% have a Bachelor's degree and 13% have a Master's degree. The employment rate is currently around 45.4%. Those employed, have a median income of $52,796.

Finally, let's take a look at the stats related to Sarasota - Bradenton, FL Urban Area. The urban area is home to 683,872 people. A total of 289,294 households are registered here. With average family sizes being listed at 2.91 people. About 30% of residents have graduated with a high school degree. Of the rest, 19% have their Bachelor's and 12% have their Master's degree. Folks speaking a language other than English, make up about 15% of the population. Speaking of your commute, 46.6% of people in this area are employed. The recorded median income is currently at $50,907 per year. The median population age has been listed at 52.3 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 29% of the population while homeowners are at about 71% of the population.
$1,700
Studio Median Rent
$1,800
1BR Median Rent
$2,200
2BR Median Rent
$3,500
3BR Median Rent
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