NOT LISTED FOR SALE

Estimated Value: $742,000 - $1,008,000

3 Beds
2 Baths
1,916 Sq Ft
$460/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $960,000 $501 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $5,744/month

222 Days on Market

Highlights

  • Oversized Lot
  • Central Heating and Cooling System
  • South Facing Home
  • Riverview High School Rated A
  • 2 Car Garage
  • 3-minute walk to Whitaker Gateway Park

About This Home

As of February 2022

Rare opportunity! Live, build or develop in downtown Sarasota! Located across from the Bayfront and just blocks from the heart of downtown, this prime property is part of the North Trail zoning district with optional North Trail overlay. The 12,360-square-foot double lot can accommodate 9 units/4 floors. This commercial zone is in a fast-growing urban neighborhood and allows for a wide range of uses, including—but not limited to— multi-family, mixed-use, retail, restaurant, hotel and office. Additional adjacent parcels may be available, offering a rare opportunity to develop alongside other exciting new projects. Subsidize expenses with rental income as your new development is planned. The property currently features a 1,916-square-foot main residence, a separate building with bedroom and full bath, washer/dryer (currently rented), and a spacious garage. The main home is in excellent, move-in condition, featuring 3 beds/2 baths, separate dining and den, original wood flooring, a wood-burning fireplace, crown molding, arched entrances, and storm windows. Both buildings have newer roofs; the updated outbuilding has a new bathroom, plumbing and HVAC system and could be used as an art studio, office, or income property. This very special property is also just across the street from scenic Whitaker Park, with its walking trails snaking alongside the picture-perfect Sarasota Bay, picnic pavilions, a new playground, and a fishing pier. It’s also a few blocks from the Bay Park Conservancy, 53 acres of city-owned land along Sarasota Bay that will establish a cultural and economic legacy for the region.

Last Agent to Sell the Property

Susan Repp

COLDWELL BANKER REALTY License #3071365 Listed on: 06/08/2021

COLDWELL BANKER REALTY

Co-Listed By

Marjorie Floyd

COLDWELL BANKER REALTY License #3306592

Last Buyer's Agent

KIMSEY LEE RUGGIERO

PREFERRED SHORE LLC License #3423894

PREFERRED SHORE LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,734

Year Built

  • Built in 1956

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 120x103
  • South Facing Home
  • Oversized Lot
  • Property is zoned NT

Parking

  • 2 Car Garage

Home Design

  • 1,916 Sq Ft Home
  • Stem Wall Foundation
  • Shingle Roof
  • Stucco

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • Valencia Terrace Community
  • Valencia Terrace Rev Subdivision

Listing and Financial Details

  • Legal Lot and Block 20 / C
  • Assessor Parcel Number 2025050044

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,734

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: Yes
  • Living Area: 1916.00
  • Homestead: Yes
  • Lot Size Acres: 0.28
  • Year Built: 1956
  • Building Area Total: 2042.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4503601?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4503601?w=Customer
  • Lot Size Sq Ft: 12360
  • Building Search Sq Meters: 189.71
  • Directions to Property: From Downtown Sarasota drive north on Tamiami Trl/US 41. Right on 14th St. Property on left.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046393
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 5
  • Living Area Units: Square Feet
  • Full Bathrooms: 2
  • Foundation Details: Stem Wall
  • Total Bedrooms: 3
  • Levels: One
  • Living Area Meters: 178.00
  • Street Number Modifier: 1233

Exterior Features

  • Direction Faces: South
  • Roof: Shingle
  • Flood Zone Code: X
  • Road Surface Type: Asphalt

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Valencia Terrace

Lot Info

  • Future Land Use: Mixed use
  • Total Acreage: 1/4 to less than 1/2
  • Zoning: NT
  • Parcel Number: 2025050044
  • Lot Features: In City Limits, Oversized Lot
  • Lot Dimensions: 120x103
  • Lot Size Square Meters: 1148

Rental Info

  • Minimum Lease: 1-7 Days
  • Additional Lease Restrictions: Confirm lease restrictions with City of Sarasota

Tax Info

  • Tax Annual Amount: 1734.38
  • Tax Block: C
  • Tax Book Number: 1-45
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2023
Sold by
Ruggiero Charles and Ruggiero Kimsey
Bought by
Dawg Penn 1233 Llc
Current Estimated Value
$881,747

Purchase Details

Listed on
Jun 8, 2021
Closed on
Feb 3, 2022
Sold by
Susan Byron Revocable Trust
Bought by
Ruggiero Charles and Ruggiero Kimsey
Seller's Agent
Susan Repp
COLDWELL BANKER REALTY
Buyer's Agent
KIMSEY LEE RUGGIERO
PREFERRED SHORE LLC
List Price
$949,000
Sold Price
$960,000
Premium/Discount to List
$11,000
1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.00%

Purchase Details

Closed on
Jul 19, 2018
Sold by
Byron Susan
Bought by
Byron Susan and The Byron Revocable Trust

Purchase Details

Closed on
Nov 5, 2014
Sold by
Lerner Jill D
Bought by
Byron Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 1998
Sold by
Greedom Group Sarasota Inc
Bought by
Lerner Leslie A and Lerner Jill D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.76%

Purchase Details

Closed on
Aug 11, 1997
Sold by
Gabin Albert and Gabin Joanna
Bought by
Freedom Group Of Sarasota Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dawg Penn 1233 Llc $100 None Listed On Document
Ruggiero Charles $960,000 Cmk Law
Byron Susan $63,000 Attorney
Byron Susan $258,000 Attorney
Lerner Leslie A $181,700 --
Freedom Group Of Sarasota Inc $440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Byron Susan $75,000
Previous Owner Byron Susan $80,000
Previous Owner Lerner Leslie A $10,000
Previous Owner Lerner Leslie A $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $960,000 +1.2% $501 / Sq Ft
01/16/2022 01/16/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $949,000 0.0% $495 / Sq Ft
12/09/2021 12/09/21 Pending -- -- --
10/23/2021 10/23/21 Price Changed $949,000 +2.6% $495 / Sq Ft
10/17/2021 10/17/21 For Sale $925,000 0.0% $483 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
08/04/2021 08/04/21 Price Changed $925,000 -7.5% $483 / Sq Ft
06/08/2021 06/08/21 For Sale $999,875 -- $522 / 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 $11,710 $722,000 $370,800 $351,200
2023 $11,710 $765,700 $400,200 $365,500
2022 $1,861 $139,500 $0 $0
2021 $1,725 $135,437 $0 $0
2020 $1,734 $133,567 $0 $0
2019 $1,680 $130,564 $0 $0
2018 $1,646 $128,130 $0 $0
2017 $1,620 $125,495 $0 $0
2016 $1,686 $253,100 $95,000 $158,100
2015 $1,528 $199,700 $84,000 $115,700
2014 $2,863 $98,413 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4503601

Stellar MLS

APN: 2025-05-0044