NOT LISTED FOR SALE

1010 Point of Rocks Rd Sarasota, FL 34242

Estimated Value: $1,621,000 - $1,984,000

6 Beds
5 Baths
2,740 Sq Ft
$653/Sq Ft Est. Value

Last Sold January 12, 2018

Last sale price $1,070,000 $391 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $10,992/month

130 Days on Market

Highlights

  • Public Beach
  • Heated In Ground Pool
  • Furnished
  • Phillippi Shores Elementary School Rated A
  • Deck
  • No HOA

About This Home

As of January 2018

Beautiful Triplex located 1 house away from beach! Amazing Location! These beautifully decorated units feature all the conveniences of home, making them the perfect vacation rental income property! The property consisting of 1 one bedroom unit, 1 two bedroom unit and 1 three bedroom unit sleeps 16. Enjoy your private pool or walk just a short distance to the beach. RMF zoning allows for transient rentals. Fantastic rental income! Point of Rocks is a small, quiet, residential neighborhood on Siesta Key, a few blocks south of Stickney Point Road. This location is also just a short walk to the “Mid Key” Siesta South shopping and restaurants. Be sure to check out the 3d virtual tour of this beautiful and lucrative property!

Last Agent to Sell the Property

Steve Cavanaugh

TIDELINE REAL ESTATE BROKERS License #0690127 Listed on: 04/17/2017

TIDELINE REAL ESTATE BROKERS

Co-Listed By

John Dooley

RE/MAX ALLIANCE GROUP License #3156722

Last Buyer's Agent

Cole Collins

COLDWELL BANKER REALTY License #3385219

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,463

Year Built

  • Built in 1994

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 60x120
  • Public Beach
  • Fenced

Home Design

  • Triplex
  • Tri-Level Property
  • Shingle Roof
  • Siding

Interior Spaces

  • 2,740 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Entrance Foyer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • 4 Carport Spaces
  • Circular Driveway

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 0108170045

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Tropical Sands Accommodations Association
  • Point Of Rocks Terrace Community
  • Point Of Rocks Terrace Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $89,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,463

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Siding
  • Fireplace: No
  • Living Area: 2740
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1994
  • Lot Size Sq Ft: 7200
  • Directions to Property: South on Midnight Pass. Right on Point of Rocks Rd. Property is on left, one house from end of street.
  • Status: Sold
  • Co List Office Mls Id: MFR281506245
  • Co List Office Phone: 941-349-3460
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1047116
  • RATIO Current Price By Calculate: 390.51
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 1
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Levels: Three Or More
  • Window Features: Blinds
  • Street Number Modifier: 1010
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Foyer

Exterior Features

  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony, Fence, Outdoor Grill
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Disclosures: Seller Property Disclosure
  • Water Access: Beach - Public
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04T00:00:00.000
  • Flood Zone Panel: 12115C0206F
  • Additional Water Information: Public beach access at end of Point of Rocks Rd.

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: Yes
  • Parking Features: Circular Driveway

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Tropical Sands Accommodations
  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • Management: Professional Off Site

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0108170045
  • Additional Parcels: No
  • Lot Features: In County
  • Lot Dimensions: 60x120
  • Flood Zone Code: AE
  • Homestead YN: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Terms Of Lease: Seasonal

Multi Family

  • Gross Income: 89000
  • Number Of Units Total: 3
  • Total Num Buildings: 1
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 8463
  • Tax Lot: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2019
Sold by
Occhino Lee and Occhino Anthony
Bought by
Southtowns Development Llc
Current Estimated Value
$1,789,277

Purchase Details

Listed on
Apr 17, 2017
Closed on
Jan 11, 2018
Sold by
Maguire Frank E and Walker Lynn Alan
Bought by
Occhini Lee and Occhino Anthony
Seller's Agent
Steve Cavanaugh
TIDELINE REAL ESTATE BROKERS
Buyer's Agent
Cole Collins
COLDWELL BANKER REALTY
List Price
$1,250,000
Sold Price
$1,070,000
Premium/Discount to List
-$180,000
-14.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%
Original Mortgage
$858,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 18, 2002
Sold by
Baumer John and Baumer Theresa
Bought by
Walker Lynn Alan and Maguire Frank Eugene

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
5.92%

Purchase Details

Closed on
Aug 28, 1998
Sold by
Monine Robert F and Monine Carol F
Bought by
Baumer John and Baumer Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,400
Interest Rate
6.96%
Source: Public Records

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
Southtowns Development Llc -- Attorney
Occhini Lee $1,070,000 Attorney
Walker Lynn Alan $420,000 --
Baumer John $183,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Occhini Lee $856,000
Previous Owner Walker Lynn Alan $200,000
Previous Owner Baumer John $146,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $1,070,000 -- --
01/12/2018 01/12/18 Sold $1,070,000 -14.4% $391 / Sq Ft
08/26/2017 08/26/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $1,250,000 -- $456 / 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 $18,074 $1,280,688 -- --
2023 $18,074 $1,737,500 $981,400 $756,100
2022 $15,612 $1,417,000 $707,600 $709,400
2021 $12,626 $962,200 $442,900 $519,300
2020 $12,187 $908,000 $501,200 $406,800
2019 $11,623 $870,800 $459,300 $411,500
2018 $8,815 $682,604 $0 $0
2017 $8,727 $661,817 $0 $0
2016 $8,463 $740,100 $447,500 $292,600
2015 $8,021 $646,600 $353,800 $292,800
2014 $7,473 $514,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Steve Cavanaugh

    TIDELINE REAL ESTATE BROKERS

    Section Image
  • John Dooley

    Seller Co-Listing Agent in 2018

    John Dooley

    RE/MAX

    (941) 387-6007

    10 in this area

    20 Total Sales

    John Dooley
    Section Image
  • Cole Collins

    Buyer's Agent in 2018

    Cole Collins

    COLDWELL BANKER REALTY

    (941) 350-8360

    20 in this area

    100 Total Sales

    Cole Collins
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4183932

Stellar MLS

APN: 0108-17-0045

Florida Sarasota County Sarasota 34242

1010 Point of Rocks Rd, Sarasota, FL

This home is located at 1010 Point of Rocks Rd, Sarasota, FL 34242 since 17 April 2017 and is currently estimated at $1,789,277, approximately $653 per square foot. This property was built in 1994. 1010 Point of Rocks Rd is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High School.

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.

Stellar MLS 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

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