NOT LISTED FOR SALE

1001 Point of Rocks Rd Unit 411 Sarasota, FL 34242

Estimated Value: $1,397,000 - $1,511,000

2 Beds
2 Baths
1,370 Sq Ft
$1,007/mo HOA Fee

Last Sold March 15, 2022

Last sale price $1,450,000 $1,058 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $10,109/month

75 Days on Market

Highlights

  • 400 Feet of Waterfront
  • Beach View
  • Fitness Center
  • Phillippi Shores Elementary School Rated A
  • Private Beach
  • Gated Community

About This Home

As of March 2022

Direct beachfront condo located on the desirable Crescent Beach at the southern end of Siesta Key. Views for miles of the sparkling Gulf of Mexico waters, white sand and Point of Rocks from all rooms in this turnkey furnished, 2 br/2 bath. Private beach access for unit owners and guests, Siesta Sands Resort is a well run and established community known for its onsite rental program. Unit #411 has consistently grossed over $65k/year in rental income. Recent improvements include PGT impact sliding doors, appliances in the last 5 yrs, newer owner's suite furnishings. An open and spacious floor plan, generous balconies for owners and guests, washer and dryer in the condo with extra storage closet on site, covered parking, and elevators all make for easy living! The resort offers 2 heated pools, WIFI, pool side gazebo with gas BBQ grills, exercise room, bamboo lounge area, and a beach rental service that includes lounge chairs, umbrellas, paddleboards, and more. The ideal location on Siesta Key, very private but still in close proximity to restaurants and nightlife. A quick trolley or bike ride to the Village for dining and shopping offers even more options! And by Point of Rocks you can pass the days away snorkeling, fishing, and viewing amazing marine life. Siesta Sands Resort is perfect for year-round living or vacationing and these condos are rarely available. Welcome home to your own little paradise!

Last Agent to Sell the Property

Joanna Benante

MICHAEL SAUNDERS & COMPANY License #3194005 Listed on: 11/10/2021

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Ann Martin

MICHAEL SAUNDERS & COMPANY License #0188503

Last Buyer's Agent

Kristina Waskom

MICHAEL SAUNDERS & COMPANY License #3053404

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,613

Year Built

  • Built in 1988

Lot Details

  • 400 Feet of Waterfront
  • Property fronts a public beach
  • Private Beach
  • Public Beach
  • East Facing Home

HOA Fees

  • $1,007 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Concrete Siding

Interior Spaces

  • 1,370 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Beach Views

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Guest Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Water Access
  • Deeded access to the beach
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, insurance, maintenance structure, ground maintenance, manager, pool maintenance, recreational facilities, sewer, trash
  • Brian Chamberlain Association, Phone Number (941) 349-8061
  • Siesta Sands Resort (Timeshare) Community
  • Siesta Sands Resort Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 6-Story Property

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,613

Year Built

Built in 1988

Lot Details

0

HOA Fees

$1,007 per month

Listing Details

  • HOA Fee Includes: Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Other, Pool Maintenance, Recreational Facilities, Sewer, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1370
  • Lot Size Acres: 2.03
  • New Construction: No
  • Year Built: 1988
  • Accessibility Features: Accessible Elevator Installed
  • Lot Size Sq Ft: 88232
  • Directions to Property: Stickney Point to south/left on Midnight Pass Rd. to Point of Rocks, turn right/west to end of road an into resort.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4517478?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4517478?w=Customer
  • Floor Number: 4
  • Homestead Y N: No
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.92063
  • Price per Sq Ft: 1058.39
  • Close to Original List Price Ratio: 0.92063
  • View: Yes
  • Co List Office Mls Id: 281502392
  • Co List Office Phone: 941-388-4447
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Other, Split Bedroom
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 6
  • Street Number Modifier: 1001
  • Room Count: 5

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water View: Beach
  • Water Access: Beach - Access Deeded, Beach - Private, Beach - Public
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0206F
  • Waterfront Frontage: 400
  • Water Frontage Feet Beach Pub: 200
  • Water Frontage Feet Beach Prvt: 200
  • Disclosures: Condominium Disclosure Available

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered, Guest
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Gated Community, Water Access, Waterfront
  • Association Amenities: Elevator(s), Fitness Center, Gated, Other, Pool, Security
  • Association Name: Brian Chamberlain
  • Phone: 941.349.8061
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Condo Fees: 3020
  • Condo Fees Term: Quarterly
  • Association Email: ssmgr@vacationfla.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1007
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 12080
  • Total Monthly Fees: 1006.67

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0108181021
  • Additional Parcels: No
  • Flood Zone Code: VE
  • Flood Zone Date: 2016-11-04

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 1-7 Days
  • Approval Process: per HOA
  • Lease Restrictions Y N: Yes
  • Month To Month Or Weekly Y N: No
  • Additional Lease Restrictions: per HOA

Tax Info

  • Tax Annual Amount: 7612.92
  • Tax Block: 411
  • Tax Book Number: 1428-2045
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Beach - Private, Beach - Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2021
Closed on
Mar 15, 2022
Sold by
Tomasso Christopher A
Bought by
36 Wagon Road Llc
Seller's Agent
Joanna Benante
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Kristina Waskom
MICHAEL SAUNDERS & COMPANY
List Price
$1,575,000
Sold Price
$1,450,000
Premium/Discount to List
-$125,000
-7.94%
Current Estimated Value
$1,463,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,786
Avg. Annual Appreciation
1.60%

Purchase Details

Closed on
Mar 31, 2004
Sold by
Gray Frederick and Gray Kelly
Bought by
Tomasso Christopher A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.55%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
36 Wagon Road Llc $1,450,000 Msc Title
Tomasso Christopher A $765,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tomasso Christopher A $333,700
Closed Tomasso Christopher A $278,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Sold $1,450,000 -7.9% $1,058 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
11/10/2021 11/10/21 For Sale $1,575,000 -- $1,150 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $16,104 $1,269,000 -- $1,269,000
2023 $16,104 $1,347,300 $0 $1,347,300
2022 $10,796 $1,085,100 $0 $1,085,100
2021 $7,613 $591,900 $0 $591,900
2020 $7,116 $540,000 $0 $540,000
2019 $7,635 $586,300 $0 $586,300
2018 $7,332 $575,000 $0 $575,000
2017 $6,266 $468,300 $0 $468,300
2016 $6,398 $468,300 $0 $468,300
2015 $9,136 $662,300 $0 $662,300
2014 $8,748 $571,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4517478

Stellar MLS

APN: 0108-18-1021