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501 Canal Way

Nokomis, FL 34275

2 bd 2 ba 1,228 sqft Built 1962 Lot 12,632 sqft single_family
Most recent sale
$675,000
Apr 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 16, 2026 Relisted $749,000 StellarMLS
Apr 7, 2026 Listing removed $749,000 StellarMLS
Jan 2, 2026 Listed $749,000 StellarMLS
Apr 26, 2022 Sold $675,000 MLS #N6119733
Mar 15, 2022 Listed $580,000 MLS #N6119733
Jan 24, 2020 Sold $230,000 MLS #N6108170
Feb 1, 1986 Sold $65,500 Public Record
Jun 1, 1985 Sold $60,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $360,990 $4,483
2023 $269,400 $290,300 $559,700 $7,265
2022 $288,851 $3,592
2021 $245,292 $3,162
2020 $66,100 $113,200 $179,300 $2,884
2019 $68,100 $133,300 $201,400 $3,124
2018 $64,400 $133,300 $197,700 $3,062
2017 $71,700 $129,400 $201,100 $3,158
2016 $91,919 $1,236
2015 $91,280 $1,250
2014 $90,556 $1,243
2013 $89,218 $1,225
2012 $87,727 $1,196
2011 $85,172 $1,150
2010 $83,913 $1,220
2009 $81,707 $852
2008 $81,625 $824
2007 $79,248 $938

Property facts

Year built
1962
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,228 sqft
Lot size
12,632 sqft
ZIP code
34275
City
Nokomis
Street
Canal Way
Coordinates
27.12186, -82.44737

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,272
Gross rental yield
4.04%
Implied cap rate
2.63%
Trend-extrapolated value

Frequently asked questions

When did 501 Canal Way last sell?
501 Canal Way most recently sold on Apr 26, 2022 for $675,000.
What is the current tax assessment for 501 Canal Way?
The most recent total assessment for 501 Canal Way (year 2025) is $360,990 with $4,483 in property tax.
How does 501 Canal Way's assessment compare to its last sale price?
The current assessment is 46.5% below the last sale price of $675,000.
When was 501 Canal Way built?
501 Canal Way was built in 1962.
How does 501 Canal Way compare to others on Canal Way?
We track 2 other properties on Canal Way. Browse the list under "Other properties on Canal Way" to compare beds, baths, and sale history.
What are the property facts for 501 Canal Way?
501 Canal Way is a 2 bed, 2 bath, 1,228 sqft, 12,632 sqft lot single_family.
Is 501 Canal Way a flip candidate?
No — 501 Canal Way does not appear in our flips dataset.
Is 501 Canal Way a tax-appeal candidate?
No — 501 Canal Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.5%
Implied 1-yr
+14.1%
2026 Q3
$1.45M
2026 Q4
$1.45M
ZIP 34275 — Median Price History + Forecast

Explore nearby

Other properties on Canal Way