NOT LISTED FOR SALE

1031 Point of Rocks Rd Unit 1 Sarasota, FL 34242

Estimated Value: $841,840 - $926,000

3 Beds
3 Baths
1,257 Sq Ft
6,970 Sq Ft Lot

Last Sold November 19, 2021

Last sale price $766,000 $609 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,429/month

9 Days on Market

Highlights

  • Water Access
  • Public Beach
  • No HOA
  • Phillippi Shores Elementary School Rated A
  • Private Pool
  • Central Air

About This Home

As of November 2021

Take a look at this wonderful Siesta Key vacation rental that is only minutes from the public beach access. The 1/2 duplex has a nicely laid out split floor plan, featuring 3 bedrooms and 3 bathrooms along with a great pool out back. Great location, close to the Siesta Key south village making this unit a prime vacation rental. The unit is being sold completely turn-key furnished and with this investment unit it includes all of the future rentals for immediate income.

Last Agent to Sell the Property

Dion Souza

SARABAY REAL ESTATE INC License #3304623 Listed on: 09/29/2021

SARABAY REAL ESTATE INC

Last Buyer's Agent

Justin Benz

EXP REALTY LLC License #3441001

EXP REALTY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,581

Year Built

  • Built in 1974

Lot Details

  • Public Beach

Parking

  • Open Parking

Home Design

  • Turnkey
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Split Bedroom Floorplan
  • 1,257 Sq Ft Home
  • Ceiling Fan
  • Window Treatments

Outdoor Features

  • Water Access
  • Exterior Lighting

Utilities

  • Central Air
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Point Of Rocks Beach Community
  • Point Of Rocks Beach Subdivision

Building Details

  • Gross Income $59,000

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,581

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 1257
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1379
  • Lot Size Sq Ft: 6885
  • Number Of Lots: 1
  • Directions to Property: STICKNEY POINT BRIDGE TO SIESTA KEY, SOUTH ON MIDNIGHT PASS RD, TURN RIGHT ONTO POINT OF ROCKS RD, PROPERTY WILL BE ON THE RIGHT.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4513672?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4513672?w=Customer
  • Unit Count: 1
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96352
  • Price per Sq Ft: 609.39
  • Close to Original List Price Ratio: 0.96352
  • Ratio: Current Price\Building Area Total: 555.47
  • View: No
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Split Bedroom, Window Treatments
  • Foundation Details: Slab
  • Levels: One
  • Street Number Modifier: 1031
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Lighting
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Access: Beach - Public
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Disclosures: Lead Paint

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Electric, Wall Units / Window Unit
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0108171001
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Furnished: Turnkey
  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: PROPERTY MAY BE RENTED DAILY, WEEKLY AND OR MONTHLY. FUTURE BOOKINGS THROUGH SIESTA 4 RENT MUST BE HONORED.

Multi Family

  • Gross Income: 59000
  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 5580.79
  • Tax Book Number: 31-22
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Nov 9, 2021
Sold by
Lytle Clyo Land Ltd
Bought by
Nguyen Leon and Nguyen Carolyn
Seller's Agent
Dion Souza
SARABAY REAL ESTATE INC
Buyer's Agent
Justin Benz
EXP REALTY LLC
List Price
$795,000
Sold Price
$766,000
Premium/Discount to List
-$29,000
-3.65%
Current Estimated Value
$884,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,460
Avg. Annual Appreciation
3.79%
Original Mortgage
$612,800
Outstanding Balance
$561,525
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$322,935

Purchase Details

Closed on
Sep 10, 2020
Sold by
Leahy Wendy and Leahy Patrick
Bought by
Lytle Clyo Land Ltd

Purchase Details

Closed on
Apr 7, 2000
Sold by
Shumway Erick H and Shumway Susan E
Bought by
Leahy Patrick and Leahy Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
8.34%

Purchase Details

Closed on
Mar 10, 1999
Sold by
Simon Wayne
Bought by
Shumway Erick H and Shumway Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,500
Interest Rate
7.04%

Purchase Details

Closed on
Dec 20, 1996
Sold by
Pt Rocks Bch Assoc Inc
Bought by
Simon Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,700
Interest Rate
7.57%

Purchase Details

Closed on
Jan 27, 1995
Sold by
Bunner Don R and Bunner Barbara A
Bought by
Point Rocks Bch Assoc Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
9.14%
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
Nguyen Leon $766,000 Attorney
Lytle Clyo Land Ltd $497,500 Attorney
Leahy Patrick $232,500 --
Shumway Erick H $172,000 --
Simon Wayne $173,000 --
Point Rocks Bch Assoc Inc $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Leon $612,800
Previous Owner Leahy Patrick $202,500
Previous Owner Shumway Erick H $155,500
Previous Owner Simon Wayne $155,700
Previous Owner Point Rocks Bch Assoc Inc $227,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $766,000 -3.6% $609 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $795,000 -- $632 / 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 $8,871 $762,600 -- $762,600
2023 $8,871 $730,700 $0 $730,700
2022 $8,049 $647,700 $0 $647,700
2021 $5,016 $376,100 $0 $376,100
2020 $5,581 $414,300 $0 $414,300
2019 $5,539 $414,900 $0 $414,900
2018 $5,633 $423,300 $0 $423,300
2017 $5,727 $423,300 $0 $423,300
2016 $5,917 $461,600 $0 $461,600
2015 $5,381 $397,600 $0 $397,600
2014 $4,988 $300,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dion Souza

    Seller's Agent in 2021

    Dion Souza

    SARABAY REAL ESTATE INC

    (941) 302-3881

    27 in this area

    74 Total Sales

    Dion Souza
    Section Image
  • Justin Benz

    Buyer's Agent in 2021

    Justin Benz

    EXP REALTY LLC

    (941) 999-0364

    3 in this area

    67 Total Sales

    Justin Benz
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4513672

Stellar MLS

APN: 0108-17-1001

Florida Sarasota County Sarasota 34242

1031 Point of Rocks Rd Unit 1, Sarasota, FL

This home is located at 1031 Point of Rocks Rd Unit 1, Sarasota, FL 34242 since 29 September 2021 and is currently estimated at $884,460, approximately $703 per square foot. This property was built in 1974. 1031 Point of Rocks Rd Unit 1 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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