NOT LISTED FOR SALE

Estimated Value: $3,372,000 - $7,818,000

5 Beds
5.5 Baths
6,060 Sq Ft
$1,002/Sq Ft Est. Value

Last Sold October 18, 2021

Last sale price $6,700,000 $1,106 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $40,459/month

1 Day on Market

Highlights

  • 113 Feet of Waterfront
  • White Water Ocean Views
  • Boat Lift
  • Booker High School Rated A-
  • Boat Dock
  • Access to Bay or Harbor

About This Home

As of October 2021

Rare opportunity to own a SARASOTA BAY FRONT home with vast unobstructed views across the turquoise waters of Sarasota Bay. This elegant home was completely reconstructed in 2017 with a thoughtful design plan to highlight the gorgeous views from Longboat Key Pass, the John Ringling Bridge and downtown Sarasota. A short jaunt to Sarasota's Downtown District, this home is uniquely situated on the bay front in the intimate and private gated community of Tocobaga Bay and is one of only 9 homes. Enjoy a comfortable lifestyle with an open floorplan that lends itself to welcoming your guests with privacy and comfort. Each of the guest suites feature en suite and generous storage. The owner’s retreat is fitted with a coffee and wine bar, luxe bath with LED backlit fireplace and an incredible walk-in closet with secret entrance to the laundry room. The kitchen is immaculate with a marble island with seating for 8, a 6 burner plus griddle Thermador Professional gas stove, J&K Cabinetry, and a walk-in pantry with library ladder. 10’ ceilings with sliders and clerestory windows create the perfect frame to let this outside in and to get inspired to get outside and enjoy the Florida outdoors. With just over 3000 square feet of terraces and lanais, a contemporary heated salt water pool and spa with twin fire bowls, master suite sitting area with multicolor LED backlit fireplace, gas fire pit seating area, guest suite lanai, expansive sundeck and impressive deep-water dock; the opportunities to relish in the Florida lifestyle are endless. 2016 Boat Dock features include 70’ long trex deck, LED lighting at walkway & at each piling cap, 14 lb lift, 10 lb lift with 2 jet ski slots, fish cleaning table, 30 amp electrical pedestal, 3 hose bibs, fish lamp and under dock snook lighting. Other features include 3-stop private elevator, 2017 plumbing and electric, 2017 metal roof/windows/ doors installed to the latest construction & hurricane codes, smart home operated from ipad or iphone, all new balconies in 2021, 5 car garage, 8 ft solid doors throughout, motion sensing lights at first level and at dock, 2017 irrigation well, natural gas and so much more! Call today to view this spectacular property!

Last Agent to Sell the Property

Brandy Sheldon

COLDWELL BANKER REALTY License #3346541 Listed on: 09/01/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Gigi Kuster

COLDWELL BANKER REALTY License #3385425

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,106

Year Built

  • Built in 1992

Lot Details

  • 0.4 Acre Lot
  • 113 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Street terminates at a dead end
  • South Facing Home
  • Mature Landscaping
  • Well Sprinkler System
  • Property is zoned RSF1

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • 5 Car Attached Garage
  • 1 Carport Space
  • Portico
  • Parking Garage Space

Home Design

  • Florida Architecture
  • Key West Architecture
  • Stem Wall Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 6,060 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Bar Fridge
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Shades
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Den
  • Storage Room
  • Inside Utility
  • White Water Ocean Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Pool Lighting

Outdoor Features

  • Access to Bay or Harbor
  • Dock has access to water
  • Rip-Rap
  • Boat Lift
  • Dock made with Composite Material
  • Balcony
  • Deck
  • Wrap Around Porch
  • Rain Gutters

Location

  • Flood Insurance May Be Required
  • City Lot

Schools

  • Gocio Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Natural Gas Connected
  • Well
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Howard Akey Association
  • Tocobaga Bay Community
  • Tocobaga Bay Subdivision

Recreation

  • Boat Dock

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,106

Year Built

Built in 1992

Lot Details

0

HOA Fees

$167 per month

Parking

5

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Key West
  • Construction Materials: Block, Stucco, Wood Frame, Wood Siding
  • Fireplace: Yes
  • Living Area: 6060
  • Lot Size Acres: 0.4
  • New Construction: No
  • Year Built: 1992
  • Building Area Total: 11188
  • Lot Size Sq Ft: 17555
  • Directions to Property: TAMIAMI TRAIL, WEST ON HAMPTON, RIGHT ON PALMETTO LANE, LEFT ON TOCOBAGA, HOME ON RIGHT AT THE END OF THE CUL DE SAC.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4511096?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4511096?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.98168
  • Price per Sq Ft: 1105.61
  • Close to Original List Price Ratio: 0.98168
  • Ratio: Current Price\Building Area Total: 598.86
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Electric, Master Bedroom, Other Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Porcelain Tile, Hardwood
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Elevator, High Ceiling(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Tray Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
  • Foundation Details: Stem Wall
  • Total Bedrooms: 5
  • Levels: Three Or More
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 3
  • Window Features: Shades
  • Street Number Modifier: 1001
  • Room Count: 13
  • Additional Rooms: Den/Library/Office, Family Room, Great Room, Inside Utility, Storage Rooms

Exterior Features

  • Direction Faces: South
  • Pool Features: Heated, In Ground, Lighting
  • Exterior Features: Balcony, Hurricane Shutters, Irrigation System, Rain Gutters, Sliding Doors
  • Roof: Metal
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End, Private Road
  • View: Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Front Porch, Side Porch, Wrap Around
  • Road Surface Type: Asphalt
  • Water View: Bay/Harbor - Full
  • Water Access: Bay/Harbor
  • Water Extras: Dock - Composite, Dock w/Electric, Dock w/Water Supply, Lift, Riprap
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 113
  • Water Frontage Feet Bay Harbor: 113

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Spaces: 5
  • Garage Yn: Yes
  • Parking Features: Oversized, Portico, Under Building
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sprinkler Well, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Zoned
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public, Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Amenities: Boat Dock
  • Association Fee: 2000
  • Association Fee Frequency: Annually
  • Association Name: HOWARD AKEY
  • Association: Yes
  • Security: Fire Alarm, Gated Community, Security Lights, Security System, Smoke Detector(s)
  • Senior Community: No
  • Association Email: hakey616@comcast.net
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 2000
  • Monthly HOA Fee: 166.67
  • Total Monthly Fees: 166.67

Schools

  • Elementary School: Gocio Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2007020004
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, City Lot
  • Flood Zone Code: VE

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: PLEASE REFER TO CITY LEASING RESTRICTIONS

Tax Info

  • Tax Annual Amount: 56105.85
  • Tax Book Number: 34-50
  • Tax Lot: 5

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Oct 18, 2021
Sold by
Johnson Craig and Johnson Kimberly
Bought by
Arenberg Terrence John and Arenberg Lucy Joanne
Seller's Agent
Brandy Sheldon
COLDWELL BANKER REALTY
Buyer's Agent
Gigi Kuster
COLDWELL BANKER REALTY
List Price
$6,825,000
Sold Price
$6,700,000
Premium/Discount to List
-$125,000
-1.83%
Current Estimated Value
$6,070,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$629,070
Avg. Annual Appreciation
-2.45%

Purchase Details

Listed on
Nov 28, 2017
Closed on
Jun 29, 2018
Sold by
Smith Lorinn Williams and Smith Donald Glen
Bought by
Johnson Craig and Johnson Kimberly
Seller's Agent
Kim Ogilvie
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Linda Starcher, PA
RE/MAX ALLIANCE GROUP
List Price
$5,391,001
Sold Price
$4,825,000
Premium/Discount to List
-$566,001
-10.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.43%
Original Mortgage
$3,618,750
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 22, 2015
Sold by
Jackson Mark
Bought by
Smith Lorinn Williams

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,485,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 2, 2009
Sold by
Ahmsi Default Services Inc
Bought by
Jackson Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2008
Sold by
American Home Mortgage Servicing Inc
Bought by
Ahmsi Default Services Inc

Purchase Details

Closed on
Jan 11, 2008
Sold by
Vaccaro Michael A and National City Bank
Bought by
American Home Mortgage Servicing Inc

Purchase Details

Closed on
Nov 30, 2005
Sold by
Wang James and Estate Of Irene Wang
Bought by
Vaccaro Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 28, 2002
Sold by
Wang Victor
Bought by
Wang Irene and Wang Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,337,500
Interest Rate
7.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 1998
Sold by
L P Inv Co
Bought by
Stanley Angela Lynn
Source: Public Records

Range of Values:

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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
Arenberg Terrence John $6,700,000 Attorney
Johnson Craig $4,825,000 Attorney
Smith Lorinn Williams $1,856,300 Attorney
Jackson Mark $1,575,000 Attorney
Ahmsi Default Services Inc -- None Available
American Home Mortgage Servicing Inc -- None Available
Vaccaro Michael -- --
Vaccaro Michael $2,900,000 --
Wang Irene -- --
Stanley Angela Lynn $1,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Craig $3,618,750
Previous Owner Smith Lorinn Williams $1,485,000
Previous Owner Jackson Mark $787,500
Previous Owner Vaccaro Michael $2,000,000
Previous Owner Wang Irene $1,337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2021 10/18/21 Sold $6,700,000 -1.8% $1,106 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $6,825,000 +41.5% $1,126 / Sq Ft
06/29/2018 06/29/18 Sold $4,825,000 -3.5% $814 / Sq Ft View Prior Sale
05/11/2018 05/11/18 Pending -- -- --
04/12/2018 04/12/18 Price Changed $4,999,995 -7.3% $844 / Sq Ft
11/28/2017 11/28/17 For Sale $5,391,001 -- $910 / 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 $97,262 $6,788,900 $2,265,800 $4,523,100
2023 $97,262 $6,681,100 $2,333,800 $4,347,300
2022 $87,623 $5,814,300 $2,026,900 $3,787,400
2021 $55,416 $3,558,030 $0 $0
2020 $56,106 $3,508,905 $0 $0
2019 $54,716 $3,430,015 $0 $0
2018 $34,077 $2,125,193 $0 $0
2017 $26,967 $1,662,235 $0 $0
2016 $27,159 $1,645,100 $1,072,000 $573,100
2015 $20,296 $1,580,800 $964,400 $616,400
2014 $20,282 $1,172,398 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4511096

Stellar MLS

APN: 2007-02-0004