$1,610,000
SOLD MAR 15, 2022

1001 Point of Rocks Rd Unit 412 Sarasota, FL 34242

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

Recently Sold

$1,175 Per Sq Ft

1% Above List Price

157 Days on Market

About This Home

As of November 2023

Rarely available northwest corner unit in Siesta Keys highest grossing vacation rental investment condominium. Featuring the best gulf view on the island. Large sliding glass doors and wrap around windows allow endless gulf and beach views all the way from the Point of Rocks to the northern tip Siesta Key's Crescent Beach.

Last Agent to Sell the Property

Laurie Minear

MICHAEL SAUNDERS & COMPANY License #3484991 Listed on: 09/15/2021

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Doug Parks

MICHAEL SAUNDERS & COMPANY License #3105565

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,104

Year Built

1988

Lot Details

0

HOA Fees

$1,007 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Internet
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1370
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 1638
  • Directions to Property: South on 41 to Stickney Point Road. Take Bridge Going west, turn Left Going South on Midnight Pass Road. In A Mile Turn Right West on Point of Rocks Road. Continue West and Pull Into Siesta Sands Beach Resort.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4512199?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4512199?w=Customer
  • Floor Number: 4
  • Homestead Y N: No
  • Unit Number Y N: No
  • Property Description: Corner Unit
  • Ratio: Close Price\List Price: 1.00625
  • Price per Sq Ft: 1175.18
  • Close to Original List Price Ratio: 1.00625
  • Ratio: Current Price\Building Area Total: 982.91
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Solid Surface Counters, Split Bedroom, Stone Counters, Thermostat, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 6
  • Window Features: Blinds
  • Street Number Modifier: 1001
  • Room Count: 5
  • Additional Rooms: Breakfast Room Separate

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Fenced, Irrigation System, Outdoor Grill, Sliding Doors
  • Roof: Built-Up
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Side Porch
  • Road Surface Type: Asphalt
  • Water View: Gulf/Ocean - Full
  • Water Access: Beach - Private, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 200
  • Additional Water Information: Direct beachfront with Gulf views.
  • Water Frontage Feet Gulf Ocean: 200
  • Disclosures: Condominium Disclosure Available

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Ground Level, Guest, Under Building
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Phone Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool, Water Access, Waterfront
  • Association Amenities: Elevator(s), Pool
  • Association Name: Brian Chamberlain
  • Phone: 941-349-8061
  • Association: No
  • 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 Approval Required YN: No

Fee Information

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

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0108181022
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone
  • Flood Zone Code: AE

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No
  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Onsite Rental Program

Tax Info

  • Tax Annual Amount: 7612.92
  • Tax Block: 412
  • Tax Book Number: 1428-2045
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Nov 2, 2023
Sold by
Barry J Eckhold Trust
Bought by
Athena Llc
Seller's Agent
Doug Parks
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Derek Patti
NEXTHOME EXCELLENCE
List Price
$1,795,000
Sold Price
$1,700,000
Premium/Discount to List
-$95,000
-5.29%
Views
34
Current Estimated Value
$1,531,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$168,198
Avg. Annual Appreciation
-1.91%
Original Mortgage
$920,000
Outstanding Balance
$907,043
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$736,133

Purchase Details

Listed on
Sep 15, 2021
Closed on
Mar 15, 2022
Sold by
Mcguirk Family Limited Partnership
Bought by
Barry J Eckhold Trust
Seller's Agent
Laurie Minear
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Doug Parks
MICHAEL SAUNDERS & COMPANY
List Price
$1,600,000
Sold Price
$1,610,000
Premium/Discount to List
$10,000
0.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,700,000 None Listed On Document
Warranty Deed $1,610,000 Norton Hammersley Lopez & Skok
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $920,000 New Conventional
Previous Owner $975,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2023 11/02/23 Sold $1,700,000 -5.3% $1,241 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $1,795,000 +11.5% $1,310 / Sq Ft
03/15/2022 03/15/22 Sold $1,610,000 +0.6% $1,175 / Sq Ft
02/19/2022 02/19/22 Pending -- -- --
11/12/2021 11/12/21 For Sale $1,600,000 0.0% $1,168 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $1,600,000 -- $1,168 / 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 $1,358,700 -- $1,358,700
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 $7,285 $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: A4512199

Stellar MLS

APN: 0108-18-1022