1001 Point of Rocks Rd Unit 412 Sarasota, FL 34242
2
Beds
2
Baths
1,370
Sq Ft
$1,113/mo
HOA Fee
Highlights
- Beach Front
- Water access To Gulf or Ocean
- Gated Community
- Phillippi Shores Elementary School Rated A
- Fitness Center
- Coastal Architecture
About This Home
As of November 2023SIESTA SANDS BEACH RESORT: a rare opportunity to own one of the highest grossing vacation rental condos, with direct beach views of Siesta Key’s legendary powdery white quartz sands and tranquil Gulf waters. The highly desirable 4th floor northwest corner unit can make a fabulous year-round primary residence, winter retreat, or a profitable investment with approximately $95k in gross rental income for 2023. The spacious and well-appointed direct beachfront condo is situated at the Southern end of Crescent Beach, in one of the most sought-after boutique resort communities on Siesta Key. With 2-bedrooms, 2-bathrooms, and two private balconies overlooking the beach you and your guests can enjoy gulf views, relaxing tropical breezes, and memorable sunsets year-round. The seaside suite was designed with relaxation and rejuvenation in mind, with an open floor plan maximizing the spectacular views and providing the ultimate oasis to unwind after a day at the beach. This established vacation rental is fully equipped and turnkey furnished, with a strong rental history, high occupancy rates, and future bookings in place. Included with this condo, one covered parking space, in-unit laundry, and private storage offers added convenience. The resort-style amenities at Siesta Sands delight guests and owners alike with beach rental service for lounge chairs, umbrellas, and more, TWO heated pools, WIFI, poolside gazebo, gas grills, exercise room, bamboo lounge, and wonderful onsite rental management. The boutique resort is a secluded retreat in paradise with only 31 units, and boasts private, gated beach access to Crescent Beach. The fabulous location is steps from the key’s South Village with fresh seafood around every corner, just north Point of Rocks, one of the best snorkeling spots in the area, and only a short drive from downtown Sarasota’s top attractions. If you prefer to stay on the island, bicycle or flag down the free trolley to explore Siesta Key Village just to the north, for shopping or dining.
Last Agent to Sell the Property
MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-388-4447 License #3105565 Listed on: 09/15/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,796
Year Built
- Built in 1988
Lot Details
- Beach Front
- 200 Feet of Ocean or Gulf Waterfront
- Southeast Facing Home
HOA Fees
- $1,113 Monthly HOA Fees
Property Views
- Beach
- Full Gulf or Ocean
Home Design
- Coastal Architecture
- Membrane Roofing
- Pile Dwellings
- Stucco
Interior Spaces
- 1,370 Sq Ft Home
- Furnished
- Ceiling Fan
- Window Treatments
- Sliding Doors
- Combination Dining and Living Room
- Tile Flooring
Kitchen
- Range with Range Hood
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
Laundry
- Laundry closet
- Dryer
- Washer
Parking
- Oversized Parking
- Ground Level Parking
- 1 Assigned Parking Space
Eco-Friendly Details
- Reclaimed Water Irrigation System
Outdoor Features
- Water access To Gulf or Ocean
- Balcony
- Exterior Lighting
Utilities
- Central Air
- Heating Available
- Thermostat
- Electric Water Heater
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 0108181022
Community Details
Overview
- Association fees include cable TV, common area taxes, pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, management, pest control, sewer, trash, water
- Siesta Sands Beach Resort / Sheila Johnson Association, Phone Number (941) 383-3117
- Siesta Sands Beach Condos
- Siesta Sands Resort Subdivision
- 6-Story Property
Recreation
- Fitness Center
- Community Pool
Pet Policy
- No Pets Allowed
Security
- Gated Community
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,754
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%
Similar Homes in Sarasota, FL
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
Average Home Value in this Area
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
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
-
Seller's Agent in 2023
Doug Parks
Michael Saunders
(941) 400-9087
6 in this area
69 Total Sales
-
Buyer's Agent in 2023
Derek Patti
NEXTHOME EXCELLENCE
(407) 267-4398
8 in this area
78 Total Sales
-
Seller's Agent in 2022
Laurie Minear
Michael Saunders
(717) 824-5703
1 in this area
9 Total Sales
Map
Source: Stellar MLS
MLS Number: A4582689
APN: 0108-18-1022
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
Nearby Homes
- 1001 Point of Rocks Rd Unit 207
- 915 Seaside Dr Unit 405, WEEKS 22-23
- 915 Seaside Dr Unit 613, Weeks 32-33
- 915 Seaside Dr Unit 604
- 915 Seaside Dr Unit 312, Weeks 16-17
- 915 Seaside Dr Unit 613, Weeks 4-5
- 915 Seaside Dr Unit 312, Weeks 8-9
- 915 Seaside Dr Unit 613, Weeks 28-29
- 915 Seaside Dr Unit 312, Weeks 32-33
- 7007 Point of Rocks Rd
- 1020 Sun N Sea Dr Unit 104B
- 1020 Sun N Sea Dr Unit 206B
- 1021 Crescent St Unit 1
- 1035 Seaside Dr Unit 603
- 1035 Seaside Dr Unit 308
- 1035 Seaside Dr Unit 503
- 1035 Seaside Dr Unit 305
- 6840 Midnight Pass Rd Unit 6840
- 6790 Sarasea Cir Unit 6790
- 6713 Midnight Pass Rd Unit 4