NOT LISTED FOR SALE

1232 N Casey Key Rd Osprey, FL 34229

Palmer Point Neighborhood

Estimated Value: $6,636,000 - $7,234,000

4 Beds
5.5 Baths
8,121 Sq Ft
$858/Sq Ft Est. Value

Last Sold December 05, 2018

Last sale price $6,100,000 $751 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $45,177/month

189 Days on Market

Highlights

  • 200 Feet of Waterfront
  • White Water Ocean Views
  • Water access To Gulf or Ocean To Bay
  • Laurel Nokomis School Rated A-
  • Covered Dock
  • Private Beach

About This Home

As of December 2018

Experience elegant waterfront living on one of the most beautiful beaches in Florida from this four-bedroom Gulf-to-Bay Casey Key estate. Surrounded by serene tropical landscaping, an entry gate ensures coveted privacy while the property itself spans 1.18 acres from Little Sarasota Bay to the Gulf of Mexico with 100’ of frontage on both sides. With architecture by Randall Paul Sample and built by Westwater Construction, this Tuscan-influenced residence boasts coffered ceilings, extensive faux painting, marble, custom millwork, three fireplaces, cherry paneled elevator, travertine floors, and Anderson windows and doors. The kitchen is chef-worthy with granite and marble tile, wine storage, three dishwashers, and appliances from Bosch, Fisher Pykell, Grohe, and Sub-Zero. All the graciously -sized bedrooms offer their own terrace. The master bathroom is a study in serenity with large steam shower, multiple showerheads, and a whirlpool tub. Imagine hosting memorable evenings in the open plan with living areas that connect seamlessly before the party moves from the indoors to the exterior. The outdoor living spaces are simply breathtaking, and include a summer kitchen, outdoor shower, and Bayfront patio with heated infinity-edge pool with waterfall. A four-plus car garage completes the picture. A covered dock with 10,000 lb boat lift makes boating a simple pleasure. Casey Key is recognized as one of Florida’s most prestigious addresses, exuding a unique blend of affluence, elegance and Old Florida charm.

Last Agent to Sell the Property

Kelly Quigley

MICHAEL SAUNDERS & COMPANY License #3096483 Listed on: 02/09/2018

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Peter G. Laughlin

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0354182

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,111

Year Built

  • Built in 2005

Lot Details

  • 1.18 Acre Lot
  • 200 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • Private Beach
  • Mature Landscaping
  • Well Sprinkler System
  • Landscaped with Trees
  • Property is zoned RE2

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Open Parking

Property Views

  • White Water Ocean
  • Beach
  • Intracoastal
  • Pool

Home Design

  • Custom Home
  • Tri-Level Property
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 8,121 Sq Ft Home
  • Elevator
  • Wet Bar
  • Bar Fridge
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling Fan
  • Blinds
  • French Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Inside Utility

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Storm Windows
  • Fire and Smoke Detector
  • In Wall Pest System

Pool

  • Heated Infinity Pool
  • Heated Spa

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • Seawall
  • Rip-Rap
  • Boat Lift
  • Covered Dock
  • Dock made with Composite Material
  • Balcony
  • Deck
  • Covered patio or porch
  • Outdoor Kitchen
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Generator Hookup
  • Gas Water Heater
  • Water Purifier
  • Water Softener is Owned
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Casey Key Community
  • Casey Key Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,111

Year Built

Built in 2005

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 8121
  • Lot Size Acres: 1.18
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 14971
  • Lot Size Sq Ft: 47095
  • Directions to Property: US 41 to West on Blackburn Point Road to Right on North Casey Key Road to Right at 1232 N Casey Key Road.
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4209805&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4209805&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1 to less than 2
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-308-7777
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.8847
  • Price per Sq Ft: 751.14
  • Close to Original List Price Ratio: 0.8847
  • Ratio: Current Price\Building Area Total: 407.45
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Living Area Units: Square Feet
  • Flooring: Carpet, Travertine
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Central Vaccum, Coffered Ceiling(s), Crown Molding, Elevator, In Wall Pest System, Living Room/Dining Room Combo, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
  • Appliances Included: Bar Fridge, Built-In Oven, Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Purifier Owned, Water Softener Owned, Wine Refrigerator
  • Foundation Details: Slab, Stilt/On Piling
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Blinds, Storm Window(s)
  • Street Number Modifier: 1232
  • Room Count: 6
  • Additional Rooms: Den/Library/Office, Family Room, Inside Utility
  • ResoLivingAreaSource: Builder

Exterior Features

  • Other Structures: Outdoor Kitchen
  • Pool Features: Heated, Infinity
  • Exterior Features: French Doors, Balcony, Irrigation System, Outdoor Grill, Outdoor Kitchen
  • Roof: Tile
  • Pool Private: Yes
  • View: Pool, Water
  • Water Body Name: Little Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View: Bay/Harbor - Full, Beach, Gulf/Ocean - Full, Intracoastal Waterway
  • Water Access: Bay/Harbor, Beach - Private, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Dock - Composite, Dock - Covered, Lift, Riprap, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0209F
  • Waterfront Frontage: 200
  • Water Frontage Feet I C W: 25
  • Water Frontage Feet Bay Harbor: 100
  • Water Frontage Feet Beach Prvt: 25
  • Water Frontage Feet Gulf Ocean: 25
  • Water Frontage Feet Ocean 2 Bay: 25
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener
  • Covered Parking Spaces: 4
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Gas, Public, Sprinkler Well
  • Cooling: Central Air
  • Electric: Generator Hookup
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association: No
  • Security: Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: RE2
  • Parcel Number: 0145100003
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line
  • Flood Zone Code: VE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Annual Amount: 45111
  • Tax Book Number: A-5
  • Tax Lot: 4

Multi Family

  • Waterfront Features: Bay/Harbor, Beach - Private, Gulf/Ocean, Intracoastal Waterway, Gulf/Ocean to Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2018
Closed on
Dec 5, 2018
Sold by
Armbruster Lee R and The R Lee Armbruster Trust
Bought by
Maestri Michael F and Maestri Celia Villanueva
Seller's Agent
Kelly Quigley
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Peter G. Laughlin
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$6,895,000
Sold Price
$6,100,000
Premium/Discount to List
-$795,000
-11.53%
Total Days on Market
189
Current Estimated Value
$6,964,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$864,844
Avg. Annual Appreciation
2.05%
Original Mortgage
$4,500,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 19, 2000
Sold by
Armbruster R Lee
Bought by
Armbruster R Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.81%

Purchase Details

Closed on
Jun 8, 1999
Sold by
Cunningham Tony and Cunningham Robin
Bought by
Mathile Clayton L
Source: Public Records

Range of Values:

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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
Maestri Michael F $6,100,000 Attorney
Armbruster R Lee -- --
Armbruster R Lee $3,100,000 --
Mathile Clayton L $2,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maestri Michael F $4,458,400
Closed Maestri Michael F $4,500,000
Previous Owner Armbuster R Lee $1,000,000
Previous Owner Armbruster R Lee $1,200,000
Previous Owner Armbruster R Lee $500,000
Previous Owner Armbruster R Lee $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2018 12/05/18 Sold $6,100,000 -11.5% $751 / Sq Ft
12/05/2018 12/05/18 Price Changed $6,895,000 0.0% $849 / Sq Ft
08/18/2018 08/18/18 Pending -- -- --
02/09/2018 02/09/18 For Sale $6,895,000 -- $849 / 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 $75,187 $6,136,500 $3,110,500 $3,026,000
2023 $75,187 $6,885,800 $3,114,400 $3,771,400
2022 $70,760 $6,518,800 $2,810,700 $3,708,100
2021 $59,768 $4,871,400 $1,946,500 $2,924,900
2020 $61,528 $4,903,100 $1,712,900 $3,190,200
2019 $61,890 $4,952,800 $1,837,500 $3,115,300
2018 $45,253 $3,642,524 $0 $0
2017 $45,111 $3,567,604 $0 $0
2016 $45,058 $6,212,800 $2,616,000 $3,596,800
2015 $45,939 $5,636,800 $2,462,400 $3,174,400
2014 $45,793 $3,391,523 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelly Quigley

    Seller's Agent in 2018

    Kelly Quigley

    Michael Saunders

    (941) 356-9954

    53 Total Sales

    Kelly Quigley
    Section Image
  • Peter G. Laughlin

    Buyer's Agent in 2018

    Peter G. Laughlin

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 356-8428

    193 Total Sales

    Peter G. Laughlin
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4209805

Stellar MLS

APN: 0145-10-0003

Florida Sarasota County Osprey 34229 Palmer Point

1232 N Casey Key Rd, Osprey, FL

This home is located at 1232 N Casey Key Rd, Osprey, FL 34229 since 09 February 2018 and is currently estimated at $6,964,844, approximately $857 per square foot. This property was built in 2005. 1232 N Casey Key Rd is a home located in Sarasota County with nearby schools including Laurel Nokomis School and Venice High School.

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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