$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

Highlights

  • 200 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Full Gulf or Ocean Views
  • Phillippi Shores Elementary School Rated A
  • Private Beach
  • Contemporary Architecture

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

  • $7,613

Year Built

  • Built in 1988

Lot Details

  • 200 Feet of Waterfront
  • Property fronts gulf or ocean
  • Private Beach
  • End Unit
  • West Facing Home
  • Fenced
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $1,007 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Turnkey
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 1,370 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Breakfast Room
  • Tile Flooring
  • Full Gulf or Ocean Views

Kitchen

  • Range with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Ground Level Parking
  • Guest Parking

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Covered Patio or Porch
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, escrow reserves fund, insurance, internet
  • Brian Chamberlain Association, Phone Number (941) 349-8061
  • Siesta Sands Resort Subdivision
  • Rental Restrictions
  • 6-Story Property

Amenities

  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

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: 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
$1,535,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$164,650
Avg. Annual Appreciation
-1.77%
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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4512199

Stellar MLS

APN: 0108-18-1022