
116 Villa Dr Unit 116 Osprey, FL 34229
Estimated payment $3,399/month
Highlights
- Water access To Gulf or Ocean
- Custom Home
- Community Pool
- Laurel Nokomis School Rated A-
- Canal View
- Covered Patio or Porch
About This Home
Under contract-accepting backup offers. Bring your boat and move right in! This home has been completely gutted and rebuilt from the ground up with nothing left untouched. Every finish, fixture, and feature has been carefully chosen with quality in mind. Offering a direct canal view, and just steps from the heated community pool, this property blends luxury living with a relaxed coastal lifestyle.
Inside, enjoy the peace of mind of all new electric, plumbing, duct work, insulation, and a high-impact garage door. High-impact windows frame water views, while the French doors in the master suite lead to the private community yard. The kitchen is a chef’s dream, featuring granite countertops, soft-close cabinetry, new appliances (2022), and a kitchen exhaust vented to the outside. Bathrooms are elegantly updated with quartz countertops, lighted mirrors, and premium finishes. Unlike other units in the community, this property boasts a full-service laundry room, complete with a prep sink and custom storage cabinets. Additional highlights include a reverse osmosis water filtration system, automatic sun shade, new fans and lighting, and a cut coral accent wall in the entry.
The well-maintained AC (2019) and hot water heater (2020) ensure comfort year-round. Located in an unbeatable location, right off US-41, keeps you close to Sarasota’s best restaurants, shopping, and attractions. An unparalleled value, with community boat docks available for a small monthly fee, you can cruise out to the Intracoastal with ease, with no fixed bridges separating you and the Gulf. Opportunities like this don't last - schedule your appointment today to see this rare gem before it's gone!
Listing Agent
PREFERRED SHORE LLC Brokerage Phone: 941-999-1179 License #3356935 Listed on: 08/18/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $377
Year Built
- Built in 1968
Lot Details
- Cul-De-Sac
- South Facing Home
- Landscaped with Trees
- Property is zoned RMF2
HOA Fees
- $529 Monthly HOA Fees
Parking
- 1 Car Attached Garage
Home Design
- Custom Home
- Villa
- Slab Foundation
- Tile Roof
- Block Exterior
- Stucco
Interior Spaces
- 1,221 Sq Ft Home
- Ceiling Fan
- Electric Fireplace
- Window Treatments
- French Doors
- Living Room
- Dining Room
- Luxury Vinyl Tile Flooring
- Canal Views
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Water access To Gulf or Ocean
- Access To Intracoastal Waterway
- Access to Saltwater Canal
- Covered Patio or Porch
Schools
- Laurel Nokomis Elementary School
- Sarasota Middle School
- Venice Senior High School
Utilities
- Central Heating and Cooling System
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 0160111016
Community Details
Overview
- Association fees include cable TV, pool, escrow reserves fund, ground maintenance, private road, recreational facilities
- Jim Gheldof Association, Phone Number (248) 789-2055
- Sorrento Villas Community
- Sorrento Villas 1 Subdivision
- Association Owns Recreation Facilities
- The community has rules related to deed restrictions
Recreation
- Community Pool
Map
Home Values in the Area
Average Home Value in this Area
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 | $304 | $300,460 | -- | -- |
2023 | $304 | $291,709 | $0 | $0 |
2022 | $321 | $220,300 | $0 | $220,300 |
2021 | $2,678 | $195,400 | $0 | $195,400 |
2020 | $2,615 | $186,900 | $0 | $186,900 |
2019 | $1,016 | $97,167 | $0 | $0 |
2018 | $974 | $95,355 | $0 | $0 |
2017 | $964 | $93,394 | $0 | $0 |
2016 | $956 | $134,400 | $0 | $134,400 |
2015 | $970 | $117,200 | $0 | $117,200 |
2014 | $963 | $88,784 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/20/2025 08/20/25 | Pending | -- | -- | -- |
08/18/2025 08/18/25 | For Sale | $525,000 | +133.3% | $430 / Sq Ft |
06/06/2019 06/06/19 | Sold | $225,000 | -5.9% | $184 / Sq Ft |
05/17/2019 05/17/19 | Pending | -- | -- | -- |
04/25/2019 04/25/19 | For Sale | $239,000 | 0.0% | $196 / Sq Ft |
04/15/2019 04/15/19 | Pending | -- | -- | -- |
04/13/2019 04/13/19 | Price Changed | $239,000 | -6.3% | $196 / Sq Ft |
03/27/2019 03/27/19 | Price Changed | $255,000 | -5.2% | $209 / Sq Ft |
02/21/2019 02/21/19 | For Sale | $269,000 | -- | $220 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $550,000 | Lutz Bobo & Telfair Pa | |
Warranty Deed | $225,000 | Attorney | |
Warranty Deed | $239,000 | Riddelltitle & Escrow Llc | |
Warranty Deed | $180,000 | -- | |
Quit Claim Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $191,000 | Purchase Money Mortgage | |
Previous Owner | $89,000 | New Conventional |
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Source: Stellar MLS
MLS Number: A4660626

APN: 0160-11-1016
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