NOT LISTED FOR SALE

1001 Point of Rocks Rd Unit 509 Sarasota, FL 34242

Siesta Key Neighborhood

Estimated Value: $853,000 - $1,009,000

2 Beds
2 Baths
1,100 Sq Ft
$1,007/mo HOA Fee

Last Sold April 05, 2021

Last sale price $680,000 $618 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,955/month

347 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Heated In Ground Pool
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • Partial Gulf or Ocean Views

About This Home

As of April 2021

Beautifully appointed and freshly renovated 5th Floor Gulf view at Siesta Sands Beach Resort on the southern end of world renowned Crescent Beach. Featuring a captivating view of the Gulf of Mexico from your private balcony along with new furniture, granite counter tops, reserved covered parking and Owner storage. Private beach with private beach access with fantastic onsite rental program. This unit has averaged $55,000+ for the last 4 years and has established rental history. Resort offers 2 heated pools, WIFI, pool side gazebo, gas BBQ grills, exercise room and bamboo lounge area. Offered turnkey furnished and located within the closest condominium to the Point of Rocks area known for its sea life, fishing and snorkeling.

Last Listed By

Sharon Cunningham

CUNNINGHAM PROP MGMT CORP License #0400777 Listed on: 01/23/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,306

Year Built

  • Built in 1988

Lot Details

  • 100 Feet of Waterfront
  • Property fronts gulf or ocean
  • Southwest Facing Home
  • Child Gate Fence
  • Mature Landscaping

HOA Fees

  • $1,007 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,100 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Partial Bay or Harbor Views
  • Laundry Located Outside

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Security Fence, Lighting or Alarms

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Shower
  • Outside Bathroom Access
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, sewer, trash, water
  • Cunningham Property Mgmt Corp. 941 349 8061 Association
  • Mid-Rise Condominium
  • Siesta Sands Resort (Timeshare) Community
  • Siesta Sands Resort North Timshare Subdivision
  • 6-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,306

Year Built

Built in 1988

Lot Details

0

HOA Fees

$1,007 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1100
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 1196
  • Directions to Property: 41 SOUTH TO STICKNEY POINT ROAD. CONTINUE WEST OVER DRAWBRIDGE AND TURN SOUTH (LEFT) ON MIDNIGHT PASS ROAD. CONTINUE SOUTH FOR 1 MILE AND TURN WEST (RIGHT) ON POINT OF ROCKS ROAD. PULL INTO SIESTA SANDS BEACH RESORT AT BEND.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4455258?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4455258?w=Customer
  • Floor Number: 5
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 8021
  • Property Description: Mid Rise
  • Ratio: Close Price\List Price: 0.97212
  • Price per Sq Ft: 618.18
  • Close to Original List Price Ratio: 0.88335
  • Ratio: Current Price\Building Area Total: 568.56
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2020
  • Special Features: VirtualTour

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, Solid Wood Cabinets, Split Bedroom, Stone Counters
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 6
  • Window Features: Blinds
  • Street Number Modifier: 1001
  • Room Count: 6
  • Additional Rooms: Great Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Other Structures: Storage
  • Pool Features: Child Safety Fence, Gunite, Heated, In Ground, Lighting, Outside Bath Access
  • Exterior Features: Balcony, Fenced, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sliding Doors, Sprinkler Metered, Storage
  • Roof: Built-Up
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio
  • Water View: Gulf/Ocean - Partial
  • Water Access: Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0
  • Waterfront Frontage: 100
  • Water Frontage Feet Gulf Ocean: 100
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sprinkler Meter
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fitness, Gated Community, Irrigation-Reclaimed Water, Pool, Water Access
  • Association Amenities: Elevator(s), Fitness Center, Gated, Laundry
  • Association Name: Cunningham Property Mgmt Corp. 941 349 8061
  • Association: No
  • Security: Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Gated Community, Security Fencing/Lighting/Alarms, Security System, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 3020
  • Condo Fees Term: Quarterly
  • 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

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0108181024
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, Flood Insurance Required, FloodZone
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • Future Land Use: 0404
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1-7 Days
  • Num Timesper Year: 52
  • Lease Restrictions Y N: No
  • Month To Month Or Weekly Y N: Yes

Tax Info

  • Tax Annual Amount: 5305.87
  • Tax Book Number: 0027/0005
  • Tax Lot: 509

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2020
Closed on
Mar 5, 2021
Sold by
Sheppard Thomas A and Sheppard Donna L
Bought by
Streamrush Properties Llc
Seller's Agent
Sharon Cunningham
CUNNINGHAM PROP MGMT CORP
Buyer's Agent
Clint Kasten
WHITE SANDS REALTY GROUP FL
List Price
$699,500
Sold Price
$680,000
Premium/Discount to List
-$19,500
-2.79%
Total Days on Market
347
Current Estimated Value
$921,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,652
Avg. Annual Appreciation
7.66%

Purchase Details

Listed on
Jul 10, 2013
Closed on
Aug 8, 2013
Sold by
Hackett Janet T
Bought by
Sheppard Thomas A and Sheppard Donna L
List Price
$595,000
Sold Price
$570,000
Premium/Discount to List
-$25,000
-4.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.33%

Purchase Details

Closed on
Oct 16, 2009
Sold by
Cusick William L
Bought by
Hackett William R

Purchase Details

Closed on
Oct 11, 2005
Sold by
Evergreen Glen Apartments Ltd
Bought by
Cusick William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving

Range of Values:

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Average Value
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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
Streamrush Properties Llc $680,000 Attorney
Sheppard Thomas A $570,000 Attorney
Hackett William R $495,000 Msc Title Llc
Cusick William L $930,000 Diamond Title Sarasota Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cusick William L $825,000
Previous Owner Cusick William L $165,000
Previous Owner Cusick William L $200,000
Previous Owner Cusick William L $730,000
Previous Owner Cusick William L $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2021 04/05/21 Sold $680,000 -2.8% $618 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
12/21/2020 12/21/20 For Sale $699,500 +2.9% $636 / Sq Ft
12/20/2020 12/20/20 Off Market $680,000 -- --
10/19/2020 10/19/20 Price Changed $699,500 -4.0% $636 / Sq Ft
08/05/2020 08/05/20 For Sale $729,000 +7.2% $663 / Sq Ft
07/02/2020 07/02/20 Off Market $680,000 -- --
06/04/2020 06/04/20 Price Changed $729,000 -5.3% $663 / Sq Ft
01/23/2020 01/23/20 For Sale $769,800 +35.1% $700 / Sq Ft
08/09/2013 08/09/13 Sold $570,000 -4.2% $518 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $595,000 -- $541 / 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 $10,051 $829,700 -- $829,700
2023 $10,051 $880,400 $0 $880,400
2022 $8,615 $702,100 $0 $702,100
2021 $6,054 $492,200 $0 $492,200
2020 $5,306 $398,800 $0 $398,800
2019 $5,944 $476,700 $0 $476,700
2018 $5,627 $462,500 $0 $462,500
2017 $4,737 $351,500 $0 $351,500
2016 $4,837 $351,500 $0 $351,500
2015 $6,892 $497,100 $0 $497,100
2014 $6,610 $428,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4455258

Stellar MLS

APN: 0108-18-1024