NOT LISTED FOR SALE

Our House at the Beach West Tower 1055 Beach Rd Unit B504 Sarasota, FL 34242

Estimated Value: $914,000 - $1,125,000

2 Beds
2 Baths
1,204 Sq Ft
$579/mo HOA Fee

Last Sold July 16, 2018

Last sale price $725,000 $602 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,582/month

63 Days on Market

Highlights

  • Full Gulf or Ocean Views
  • Open Floorplan
  • End Unit
  • Phillippi Shores Elementary School Rated A
  • Contemporary Architecture
  • 5-minute walk to Siesta Key Playground

About This Home

As of July 2018

WOW!...The First Reaction You & Guests Will Have Upon Entering This Bright Spacious Turnkey Furnished Residence Directly Across from #1 Siesta Beach. Two Generous-Sized Balconies for You to Lounge with Your Morning Coffee, Sip Your Favorite Cocktail or Dining Al Fresco & Enjoy Breath-taking Unobstructed Panoramic Views of Siesta Key; the Beach; Gulf of Mexico & Sunsets. 48 Feet of Floor to Ceiling, Wall to Wall Windows/Sliders Create the Ultimate Indoor/Outdoor Living Experience. Updated Kitchen, Split Bedroom Open Floor Plan with In-Unit Washer/Dryer and Pool Views---Walk Right from Elevator Lobby to Heated Pool, Tennis & other Outdoor Amenities. Located in the Desired Our House @ the Beach Community; Park your Car and Walk both to Beach & Village. Weekly Rentals allowed. PROJECTED POTENTIAL REVENUE, $60k+. Perfect for Beachfront Residence; Vacation Home or Income Producing Property.

Last Agent to Sell the Property

Michael A Martino

KELLER WILLIAMS ON THE WATER S License #3276909 Listed on: 04/14/2018

KELLER WILLIAMS ON THE WATER S

Last Buyer's Agent

Michael A Martino

KELLER WILLIAMS ON THE WATER S License #3276909 Listed on: 04/14/2018

KELLER WILLIAMS ON THE WATER S

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,144

Year Built

  • Built in 1981

Lot Details

  • End Unit
  • West Facing Home

HOA Fees

  • $579 Monthly HOA Fees

Property Views

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Membrane Roofing
  • Stucco

Interior Spaces

  • 1,204 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Security Lights

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Outdoor Grill

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, insurance, maintenance structure, ground maintenance, sewer, trash, water
  • Tropical Sands Siesta Key Association, Phone Number (941) 312-6156
  • Mid-Rise Condominium
  • Our House At The Bch Community
  • Our House At The Bch Ph I Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 7-Story Property

Recreation

Pet Policy

  • Pets up to 15 lbs
  • Pet Size Limit
  • 1 Pet Allowed

Security

  • Security Service
  • Card or Code Access
  • Fire and Smoke Detector

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,144

Year Built

Built in 1981

Lot Details

0

HOA Fees

$579 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1204
  • New Construction: No
  • Year Built: 1981
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4400474&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4400474&cview=true&show_results=true&customer_portal=true
  • Floor Number: 5
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Property Description: Corner Unit, Mid Rise
  • Ratio: Close Price\List Price: 0.94278
  • Price per Sq Ft: 602.16
  • Close to Original List Price Ratio: 0.94278
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Open Floorplan, Split Bedroom, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Stories: 7
  • Window Features: Blinds
  • Room Count: 8
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Outdoor Grill, Sliding Doors, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: No
  • View: Pool, Water
  • Waterfront: No
  • Water View: Gulf/Ocean - Full
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0143F
  • Disclosures: Condominium Disclosure Available

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool, Tennis Courts
  • Association Amenities: Lobby Key Required, Maintenance, Pool, Security
  • Association Fee Frequency: Quarterly
  • Association Name: Tropical Sands Siesta Key
  • Phone: 941-312-6156
  • Association: Yes
  • Security: Fire Alarm, Security Lights, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 1736
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 579
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 6944
  • Total Monthly Fees: 578.67

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0107011048
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Pet Size: Very Small (Under 15 Lbs.)
  • Max Pet Weight: 15
  • Minimum Lease: 1 Week
  • Num Timesper Year: 52
  • Pet Restrictions: owner only; no tenants may have pets
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: min one week/ tenants no pets; management approval for rentals/leases over 30 days only

Tax Info

  • Tax Annual Amount: 6144
  • Tax Block: 504
  • Tax Book Number: 1268-1160
  • Tax Lot: B504

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2018
Closed on
Jul 16, 2018
Sold by
Jae Siesta Llc
Bought by
Spa Enterprises Incorporated
Seller's Agent
Michael A Martino
KELLER WILLIAMS ON THE WATER S
Buyer's Agent
Michael A Martino
KELLER WILLIAMS ON THE WATER S
List Price
$769,000
Sold Price
$725,000
Premium/Discount to List
-$44,000
-5.72%
Current Estimated Value
$986,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,190
Avg. Annual Appreciation
4.31%

Purchase Details

Closed on
May 13, 2016
Sold by
Cogan Kevin
Bought by
Jae Siesta Llc

Purchase Details

Closed on
Apr 15, 2003
Sold by
Felo Matthew F and Felo Joan M
Bought by
Cogan Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,300
Interest Rate
5.62%
Source: Public Records

Range of Values:

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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
Spa Enterprises Incorporated $725,000 Attorney
Jae Siesta Llc $695,000 None Available
Cogan Kevin $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cogan Kevin $420,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2018 07/16/18 Sold $725,000 -5.7% $602 / Sq Ft
06/16/2018 06/16/18 Pending -- -- --
04/14/2018 04/14/18 For Sale $769,000 -- $639 / 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 $10,087 $866,455 -- --
2023 $10,087 $869,700 $0 $869,700
2022 $9,989 $905,100 $0 $905,100
2021 $8,326 $652,500 $0 $652,500
2020 $7,746 $591,800 $0 $591,800
2019 $7,716 $593,900 $0 $593,900
2018 $6,765 $527,200 $0 $527,200
2017 $6,144 $459,700 $0 $459,700
2016 $5,878 $449,800 $0 $449,800
2015 $5,175 $364,800 $0 $364,800
2014 $5,965 $348,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael A Martino

    Seller's Agent in 2018

    Michael A Martino

    KELLER WILLIAMS ON THE WATER S

    (941) 330-5520

    24 in this area

    98 Total Sales

    Michael A Martino
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About Our House at the Beach West Tower

Map

Source: Stellar MLS

MLS Number: A4400474

Stellar MLS

APN: 0107-01-1048

Florida Sarasota County Sarasota 34242

1055 Beach Rd Unit B504, Sarasota, FL

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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