NOT LISTED FOR SALE

Estimated Value: $1,671,000 - $2,068,000

3 Beds
3 Baths
2,427 Sq Ft
$767/Sq Ft Est. Value

Last Sold March 16, 2023

Last sale price $2,175,000 $896 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $11,583/month

Highlights

  • 50 Feet of Waterfront
  • Beach Access
  • Open Floorplan
  • Laurel Nokomis School Rated A-
  • Full Gulf or Ocean Views
  • Coastal Architecture

About This Home

As of March 2023

Directly on the Gulf of Mexico, your beach house awaits! Well-suited to everyday living and relaxed entertaining, 50 feet of sandy beachfront and the famous turquoise blue water is the perfect backdrop for your escape. With 3 bedrooms and 3 en suite baths, this home offers a chic casual flair, where the dream of your toes in the sand is just steps from the back door. The entire 2nd story is dedicated to a spacious master suite and balcony overlooking the beach and turquoise waters of the Gulf. This home is located in the only commercial zoned district of coveted Casey Key where opportunity abounds for leasing cash flow. Walking distance to restaurants, marina, boat and jet ski rentals and just minutes to grocery stores, Starbucks, great shopping and golf, there’s so much to love. Private and commercial air travel options are conveniently located just 15 minutes to Venice and 30 minutes to Sarasota. Life is short, buy the beach house!

Last Agent to Sell the Property

Lisa Napolitano

PREMIER SOTHEBYS INTL REALTY License #3351255 Listed on: 01/23/2023

PREMIER SOTHEBYS INTL REALTY

Co-Listed By

Valerie Dall'acqua

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3198592

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Valerie Dall'acqua

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3198592

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,017

Year Built

  • Built in 1954

Lot Details

  • 0.36 Acre Lot
  • 50 Feet of Waterfront
  • Property fronts gulf or ocean
  • Unincorporated Location
  • East Facing Home
  • Mature Landscaping
  • Property is zoned RSF1

HOA Fees

  • $31 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,427 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Sliding Doors
  • Den
  • Full Gulf or Ocean Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Microwave
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Parking Pad
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Beach Access
  • Water Access
  • Balcony
  • Deck
  • Patio

Schools

  • Laurel Nokomis Elementary School
  • Laurel Nokomis Middle School
  • Venice Senior High School

Utilities

  • Zoned Heating and Cooling
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,017

Year Built

Built in 1954

Lot Details

0

HOA Fees

$31 per month

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Coastal
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2427
  • Lot Size Acres: 0.36
  • New Construction: No
  • Year Built: 1954
  • Building Area Total: 2925
  • Lot Size Sq Ft: 15582
  • Directions to Property: US 41 to Albee Road. Over bridge, make a right onto Casey Key Road. Property will be on left behind gate / wall at 121 Casey Key Road.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6124573?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6124573?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96667
  • Price per Sq Ft: 896.17
  • Close to Original List Price Ratio: 0.96667
  • Ratio: Current Price\Building Area Total: 743.59
  • View: Yes
  • Co List Office Mls Id: 281519790
  • Co List Office Phone: 941-364-4000
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Concrete, Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Master Bedroom Main Floor, Master Bedroom Upstairs, Open Floorplan, Skylight(s), Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Yn: No
  • Stories: 1
  • Street Number Modifier: 121
  • Room Count: 6
  • Additional Rooms: Den/Library/Office
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Outdoor Shower, Sidewalk, Sliding Doors
  • Roof: Metal
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio
  • Road Surface Type: Paved, Asphalt
  • Water View: Gulf/Ocean - Full
  • Water Access: Beach
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 50
  • Water Frontage Feet Beach Prvt: 50
  • Water Frontage Feet Gulf Ocean: 50

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway, Guest, Parking Pad
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 375
  • Association Fee Frequency: Annually
  • Association Name: Chris Tribelli
  • Association: Yes
  • Senior Community: No
  • Association Website: mycaseykey.com
  • Association Email: thecaseykeyassociation@gmail.com
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 375
  • Monthly HOA Fee: 31.25
  • Total Monthly Fees: 31.25

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0169100005
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, Sidewalk, Unincorporated
  • Flood Zone Code: VE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 16016.58
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2023
Sold by
Sri Gmr Properties Llc
Bought by
Sri Gmr Properties 4 Llc
Total Days on Market
0
Current Estimated Value
$1,861,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Outstanding Balance
$727,489
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$1,134,076

Purchase Details

Listed on
Jan 23, 2023
Closed on
Mar 16, 2023
Sold by
Bruce Archer Family Trust
Bought by
Sri Gmr Properties Llc
Seller's Agent
Lisa Napolitano
PREMIER SOTHEBYS INTL REALTY
Buyer's Agent
Valerie Dall'acqua
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$2,250,000
Sold Price
$2,175,000
Premium/Discount to List
-$75,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.68%
Original Mortgage
$1,740,000
Interest Rate
6.09%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 1, 2003
Sold by
Macrae David N
Bought by
Ward Jerome A

Purchase Details

Closed on
Jun 1, 1998
Sold by
Konecnik John Paul
Bought by
Macrae David N
Source: Public Records

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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
Sri Gmr Properties 4 Llc $100 None Listed On Document
Sri Gmr Properties Llc $2,175,000 --
Ward Jerome A $850,000 --
Macrae David N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sri Gmr Properties 4 Llc $1,850,000
Previous Owner Sri Gmr Properties Llc $1,740,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2023 03/16/23 Sold $2,175,000 -3.3% $896 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
01/23/2023 01/23/23 For Sale $2,250,000 -- $927 / 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 $20,066 $1,704,300 $1,276,300 $428,000
2023 $20,066 $1,825,100 $1,374,100 $451,000
2022 $17,860 $1,558,600 $1,212,100 $346,500
2021 $16,017 $1,254,000 $1,000,200 $253,800
2020 $15,605 $1,194,800 $950,600 $244,200
2019 $15,338 $1,182,800 $950,600 $232,200
2018 $16,644 $1,421,400 $1,184,900 $236,500
2017 $15,276 $1,016,671 $0 $0
2016 $14,503 $1,184,400 $968,600 $215,800
2015 $13,408 $1,050,400 $851,600 $198,800
2014 $12,053 $694,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6124573

Stellar MLS

APN: 0169-10-0005