$525,000
PENDING

116 Villa Dr Unit 116 Osprey, FL 34229

Estimated payment $3,399/month

Total Views 129
2 Beds
2 Baths
1,221 Sq Ft
$430 Price per Sq Ft

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

Marco Guadagnini

PREFERRED SHORE LLC Brokerage Phone: 941-999-1179 License #3356935 Listed on: 08/18/2025

PREFERRED SHORE LLC

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

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$377

Year Built

Built in 1968

Lot Details

0

HOA Fees

$529 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Maintenance Grounds, Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Villa
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 1221
  • New Construction: No
  • Year Built: 1968
  • Building Area Total: 1820
  • Directions to Property: Heading South on 41, take a right onto Sorrento Drive, take the first right onto Villa Drive, property is at the end of the street - unit 116.
  • Status: Pending
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 508758250
  • Minimum Lease: 1 Month
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 429.98
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Boat Slip,Canal Front,Intracoastal Waterway,Water Access
  • Attribution Contact: 941-999-1179
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Electric
  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 116
  • Living Area Meters: 113.43
  • Room Count: 5

Exterior Features

  • Direction Faces: South
  • Exterior Features: French Doors
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Screened
  • Road Surface Type: Paved
  • Water Access: Canal - Saltwater,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras YN: 0
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0236G

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Pool
  • Association Amenities: Cable TV
  • Association Fee: 529
  • Association Fee Frequency: Monthly
  • Association Name: Jim Gheldof
  • Phone: 248-789-2055
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: See HOA docs
  • Association Fee Requirement: Required
  • Association Email: Jimgheldof@prodigy.net

Fee Information

  • Total Annual Fees: 6348.00
  • Total Monthly Fees: 529.00
  • Monthly HOA Amount: 529.00

Schools

  • Elementary School: Laurel Nokomis Elementary
  • High School: Venice Senior High
  • Middle Or Junior School: Sarasota Middle

Lot Info

  • Zoning: RMF2
  • Parcel Number: 0160111016
  • Additional Parcels: No
  • Lot Features: Cul-De-Sac, In County, Landscaped
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See HOA docs

Tax Info

  • Tax Annual Amount: 377
  • Tax Book Number: 2-10
  • Tax Lot: 0

Multi Family

  • Approval Process: See HOA docs for more information on approval process.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $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
Source: Public Records

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
Source: Stellar MLS

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 -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $191,000 Purchase Money Mortgage
Previous Owner $89,000 New Conventional
Source: Public Records

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Source: Stellar MLS

MLS Number: A4660626

Stellar MLS

APN: 0160-11-1016