NOT LISTED FOR SALE

1129 Seaside Dr Unit 40 Sarasota, FL 34242

Estimated Value: $360,000 - $408,000

Studio
1 Bath
280 Sq Ft
$541/ mo HOA Fee

Last Sold July 31, 2024

Last sale price $400,000 $1,429 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,743/month

5 Days on Market

Highlights

  • Water Views
  • Property is near a marina
  • Open Floorplan
  • Phillippi Shores Elementary School Rated A
  • Heated Above Ground Pool
  • Balcony

About This Home

As of July 2024

Welcome to Sea Crest #40, your gateway to affordable luxury living on the stunning shores of Crescent Beach on Siesta Key! Nestled within the prestigious Sea Crest community, this charming retreat offers an unparalleled opportunity to experience paradise without breaking the bank. This condo allows for easy access to the beach unlike any place on Siesta Key; walk out the door, and you're steps away from touching the cool quartz sand! Sea Crest allows for one-week minimum rentals, and it is located in the heart of Siesta Key, across the street from the island's best restaurants, shopping, and nightlife. Sea Crest is one of the most desirable properties on Siesta Key due to only having 40 units, which gives the feeling of exclusivity as you enjoy your private beach and private pool without dealing with the crowds that come with your typical Siesta Key complex. With its unbeatable location and budget-friendly price point, Sea Crest #40 is your ticket to experiencing the best that Siesta Key has to offer. Take advantage of this opportunity to live the island life without breaking the bank. Make the decision today and start making memories that will last a lifetime!

Last Agent to Sell the Property

Cole Collins

COLDWELL BANKER REALTY Brokerage Phone: 941-349-4411 License #3385219 Listed on: 05/31/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

Brian Livesey

WATERSIDE REALTY LLC License #0630373

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,937

Year Built

  • Built in 1957

Lot Details

  • South Facing Home

HOA Fees

  • $541 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Turnkey
  • Studio
  • Slab Foundation
  • Built-Up Roof
  • Wood Siding
  • Block Exterior

Interior Spaces

  • 1 Full Bathroom
  • 280 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Window Treatments
  • Tile Flooring
  • Water Views

Kitchen

  • Cooktop
  • Microwave
  • Freezer

Pool

  • Heated Above Ground Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Property is near a marina
  • Balcony
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, management, sewer, trash, water
  • Jeffrey Rieg Association, Phone Number (941) 349-4200
  • Sea Crest Apts Community
  • Sea Crest Apts Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,937

Year Built

Built in 1957

Lot Details

1.81 Acres

HOA Fees

$541 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Management, Other, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Other, Wood Siding
  • Fireplace: No
  • Living Area: 280
  • New Construction: No
  • Year Built: 1957
  • Building Area Total: 280
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 26.01
  • Escrow State: FL
  • Floor Number: 2
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 1428.57
  • Water Access YN: 0
  • Property Description: Studio/Efficiency
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-349-4411
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 1
  • Interior Amenities: Built-in Features, Open Floorplan, Other, Window Treatments
  • Appliances Included: Cooktop, Freezer, Microwave, Other, Refrigerator
  • Foundation Details: Slab
  • Levels: One
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 26.01

Exterior Features

  • Direction Faces: South
  • Pool Features: Above Ground, Deck, Heated, Other
  • Exterior Features: Balcony, Lighting, Outdoor Grill, Outdoor Shower, Sidewalk
  • Roof: Built-Up
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0206G

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Other, Phone Available, Public, Sewer Available, Sewer Connected, Street Lights, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool, Sidewalks
  • Association Fee: 1623
  • Association Fee Frequency: Quarterly
  • Association Name: Jeffrey Rieg
  • Phone: (941) 349-4200
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Condo Land Included YN: 0
  • Association Email: info@seacrestonsiestakey.com

Fee Information

  • Total Annual Fees: 6492.00
  • Total Monthly Fees: 541.00
  • Monthly HOA Amount: 541.00

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0108102040
  • Additional Parcels: No
  • Lot Features: Near Marina, Sidewalk
  • Flood Zone Code: AE

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See restrictions
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 2937
  • Tax Book Number: 1182-499
  • Tax Lot: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Jul 31, 2024
Sold by
Krall Robert L and Krall Diane E
Bought by
Sarasota Investment Holdings Lp
Seller's Agent
Cole Collins
COLDWELL BANKER REALTY
Buyer's Agent
Brian Livesey
WATERSIDE REALTY LLC
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Views
27
Current Estimated Value
$376,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,690
Avg. Annual Appreciation
-3.68%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sarasota Investment Holdings Lp $400,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2024 07/31/24 Sold $400,000 -11.1% $1,429 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $450,000 -- $1,607 / Sq Ft
Source: Stellar MLS

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
2025 $2,931 $298,300 -- $298,300
2024 $2,937 $217,500 -- $217,500
2023 $2,937 $227,500 $0 $227,500
2022 $2,656 $193,200 $0 $193,200
2021 $2,504 $175,600 $0 $175,600
2020 $2,505 $173,000 $0 $173,000
2019 $2,627 $185,800 $0 $185,800
2018 $2,558 $188,800 $0 $188,800
2017 $2,493 $156,816 $0 $0
2016 $2,574 $199,700 $0 $199,700
2015 $2,027 $129,600 $0 $129,600
2014 $2,646 $148,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4612252

Stellar MLS

APN: 0108-10-2040

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