NOT LISTED FOR SALE

1021 Point of Rocks Rd Unit 1,2,3,4 Sarasota, FL 34242

Estimated Value: $508,000 - $783,000

8 Beds
8 Baths
3,776 Sq Ft
$701/mo HOA Fee

Last Sold April 09, 2021

Last sale price $2,175,000 $576 Per Sq Ft

Current estimated payment $4,613/month

11 Days on Market

Highlights

  • Cabana
  • Furnished
  • Laundry closet
  • Phillippi Shores Elementary School Rated A
  • Balcony
  • Ceramic Tile Flooring

About This Home

As of April 2021

TURNKEY 4PLEX CASH FLOWING ON SIESTA KEY! Combined all 4 condo units at this prime Point of Rocks location just steps to the sand and sea. Coastal decorated furnished condos come with private balcony, shared pool, hot tub, tiki bar and grill amenities. First time all 4 units in the building are available together. All units are the same 2 bedroom 2 bath split floor plan. Short term rentals with $100k+ in future reservations on the books. All furnishings, appliances, equipment, and supplies as well as management can stay in place so you can enjoy the beach and cash flows from owning this rare Siesta Key, Point of Rocks property.

Last Agent to Sell the Property

Logan Breen

LIMBO COMPANY SARASOTA ASSOC License #3458925 Listed on: 03/04/2021

Last Buyer's Agent

Jessica Ross, PA

COLDWELL BANKER REALTY License #3037363

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,002

Year Built

  • Built in 1962

Lot Details

  • South Facing Home
  • 4 Lots in the community
  • Additional Parcels
  • Condo Land Included

HOA Fees

  • $701 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,776 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Awning
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Crawl Space

Kitchen

  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Split Bedroom Floorplan
  • 8 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Pool

  • Cabana
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Outdoor Storage
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, community pool, electricity, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, sewer, trash, water
  • Point Of Rocks Terrace Condo. Assoc. Association
  • Point Of Rocks Terrace Community
  • Point Of Rocks Terrace Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pets up to 50 lbs

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,002

Year Built

Built in 1962

Lot Details

0

HOA Fees

$701 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Community Pool, Electricity, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3776
  • Lot Size Acres: 0.2
  • New Construction: No
  • Year Built: 1962
  • Building Area Total: 4288
  • Lot Size Sq Ft: 8900
  • Number Of Lots: 4
  • Directions to Property: From Stickey Point South bridge go South on Midnight Pass Rd until you reach Point of Rocks Rd. Right on Point of Rocks Rd property is on the right .2 miles.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4493337?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4493337?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Call Center Phone Number: 9419287297
  • Ratio: Close Price\List Price: 0.98864
  • Price per Sq Ft: 576.01
  • Close to Original List Price Ratio: 0.98864
  • Ratio: Current Price\Building Area Total: 507.23
  • View: No
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 8
  • Interior Amenities: Living Room/Dining Room Combo, Split Bedroom
  • Appliances Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 8
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Street Number Modifier: 1021
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Other Structures: Cabana
  • Pool Features: Gunite, Heated, In Ground, Salt Water
  • Exterior Features: Awning(s), Balcony, Outdoor Grill, Outdoor Shower, Storage
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 2103
  • Association Fee Frequency: Quarterly
  • Association Name: Point of Rocks Terrace Condo. Assoc.
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 8412
  • Condo Fees Term: Annual
  • Association Email: tiff.yoder@gmail.com
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 701
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 16824
  • Monthly HOA Fee: 701
  • Total Monthly Fees: 1402

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0108173001
  • Additional Parcels Description: 0108173002; 0108173003; 0108173004
  • Additional Parcels: Yes
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Max Pet Weight: 50
  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 5002
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Apr 19, 2021
Sold by
Mccurdy Charles T and Charles T Mccurdy Trust
Bought by
1021Por I Llc
Seller's Agent
Logan Breen
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
Jessica Ross, PA
COLDWELL BANKER REALTY
List Price
$2,200,000
Sold Price
$2,175,000
Premium/Discount to List
-$25,000
-1.14%
Current Estimated Value
$630,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,544,169
Avg. Annual Appreciation
-24.08%

Purchase Details

Listed on
Mar 4, 2021
Closed on
Apr 8, 2021
Sold by
Mandy Llc
Bought by
Mccurdy Charles T and Charles T Mccurdy Trust
Seller's Agent
Logan Breen
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
Jessica Ross, PA
COLDWELL BANKER REALTY
List Price
$2,200,000
Sold Price
$2,175,000
Premium/Discount to List
-$25,000
-1.14%

Purchase Details

Listed on
Mar 4, 2021
Closed on
Feb 26, 2021
Sold by
Hasbrouck Jo Ellen and Hasbrouck Jo Ellen
Bought by
Mandy Llc
Seller's Agent
Logan Breen
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
Jessica Ross, PA
COLDWELL BANKER REALTY
List Price
$2,200,000
Sold Price
$2,175,000
Premium/Discount to List
-$25,000
-1.14%

Purchase Details

Closed on
Jul 20, 2018
Sold by
Hasbrouck Luis F and Hasbrouck Joellen
Bought by
Hasbrouck Jo Ellen and The Jo Elen Hasbrouck Revocabl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2018
Sold by
Siesta Properies Llc
Bought by
Hasbrouck Louis F and Hasbrouck Joellen

Purchase Details

Closed on
Feb 26, 2018
Sold by
Michael L Amoroso Llc
Bought by
Siesta Properties Llc

Purchase Details

Closed on
Jan 10, 2018
Sold by
Russo Salvatore
Bought by
Michael L Amoroso Llc

Purchase Details

Closed on
May 18, 2004
Sold by
Falborn Eric John
Bought by
Russo Salvatore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
1.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2001
Sold by
Kozma Katalin
Bought by
Falborn Eric John and Russo Salvatore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.06%
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
1021Por I Llc -- Attorney
Mccurdy Charles T $2,175,000 Attorney
Mandy Llc $437,500 Attorney
Hasbrouck Jo Ellen -- Attorney
Hasbrouck Louis F $445,000 Attorney
Siesta Properties Llc -- Attorney
Michael L Amoroso Llc $435,000 Attorney
Russo Salvatore -- Statewide Title Corporation
Falborn Eric John $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hasbrouck Jo Ellen $333,750
Previous Owner Russo Salvatore $238,000
Previous Owner Falborn Eric John $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $2,175,000 -1.1% $576 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $2,200,000 -- $583 / 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 $6,809 $586,200 -- $586,200
2023 $6,809 $562,500 $0 $562,500
2022 $6,141 $490,800 $0 $490,800
2021 $4,405 $332,000 $0 $332,000
2020 $5,002 $373,700 $0 $373,700
2019 $4,873 $367,000 $0 $367,000
2018 $4,547 $310,750 $0 $0
2017 $3,872 $282,500 $0 $282,500
2016 $4,040 $307,800 $0 $307,800
2015 $3,681 $267,800 $0 $267,800
2014 $3,436 $204,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4493337

Stellar MLS

APN: 0108-17-3001