NOT LISTED FOR SALE

148 Lookout Point Dr Osprey, FL 34229

Estimated Value: $1,059,000 - $1,394,000

3 Beds
2.5 Baths
3,270 Sq Ft
$356/Sq Ft Est. Value

Last Sold March 24, 2021

Last sale price $754,000 $231 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $7,125/month

122 Days on Market

Highlights

  • Waterfront Community
  • Boat Dock
  • Fitness Center
  • Laurel Nokomis School Rated A-
  • Water Access
  • Screened Pool

About This Home

As of March 2021

This is an enchanting 3 Bedroom, 2.5 bath, Southbay residence bordering a wide greenbelt with good flood elevation (owner only paying $670/yr for flood Insurance) and steps to the waterfront and marina. This open floor plan is perfect for entertaining with spacious enclosed Florida Room with 3 separate living areas with wonderful space and separation to craft any configuration you desire. The 15 x 22 Master suite has two large closets, a spacious shower, jetted tub, bidet, and a private patio. This is the one you have been waiting for with a new barrel tile roof and gutters 2020, 2 new ACs in 2018, new Pebble Tec heated pool & cage in 2016. Kitchen was updated with soft close cabinets, granite, marble backsplash, stainless appliances, and two appliance garages. Remarkably, the same fine finishes extend as a wet bar to the adjacent family room, complete with a beverage/wine cooler and a wood-burning fireplace. Numerous outstanding and practical updates including plumbing supply lines re-piped, faucets replaced in guest bath, baseboard and trim, doors and hardware and bedroom flooring. Perfect the art of outdoor living from the expansive terraces that afford the opportunity to lounge, grill swim and relax. Exceptional Southbay Yacht & Racquet Club location, where the low fees include tennis, pickleball, soon to be completed clubhouse, community pool, miles of walking paths, and bayside park. The best-kept secret on the Gulf Coast is the phenomenal deep-water marina where resident-only quarterly fees allow small and large boats, sailboats, water with slips including water and electricity. Ideally located in between culturally rich Sarasota and charming Venice, minutes to beaches, Legacy Trail, Pine View School, shopping, waterfront restaurants and Oscar Scherer State Park.

Last Agent to Sell the Property

Tamara Currey

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3207646 Listed on: 09/28/2020

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Frank Prainito

ROBERT SLACK LLC License #3389071

ROBERT SLACK LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,854

Year Built

  • Built in 1979

Lot Details

  • 0.32 Acre Lot
  • South Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Property is zoned RSF2

HOA Fees

  • $136 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Park or Greenbelt
  • Pool

Home Design

  • Custom Home
  • Florida Architecture
  • Slab Foundation
  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,270 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Bar Fridge
  • Ceiling Fan
  • Wood Burning Fireplace
  • Shades
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Breakfast Room
  • Sun or Florida Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Heated Lap Pool
  • Fence Around Pool
  • Pool Lighting

Outdoor Features

  • Water Access
  • Property is near a marina
  • Enclosed Patio or Porch
  • Rain Gutters

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 327
  • Assessor Parcel Number 0158080044

Community Details

Overview

  • Association fees include community pool, recreational facilities
  • Toni Michel Association, Phone Number (941) 966-4237
  • Built by Paver
  • Southbay Yacht & Racquet Club Community
  • Southbay Yacht & Racquet Club Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions, fencing, allowable golf cart usage in the community
  • Greenbelt

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Community Boat Slip
  • Waterfront Community
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Fishing
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,854

Year Built

Built in 1979

Lot Details

0

HOA Fees

$136 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom, Florida, Ranch
  • Water Extras: Bridges - No Fixed Bridges, Dock - Composite, Dock - Open, Dock w/Electric, Dock w/Water Supply, Sailboat Water
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: Yes
  • Living Area: 3270.00
  • Homestead: Yes
  • Lot Size Acres: 0.32
  • Year Built: 1979
  • Building Area Total: 3776.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4479316?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4479316?w=Customer
  • Lot Size Sq Ft: 14000
  • Building Search Sq Meters: 350.80
  • Directions to Property: US41 just south of Blackburn Point Rd to Southbay entrance, to Southbay Dr. left on Buoy Ln, right on Lookout Point Dr to property on right.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1037329
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 9
  • Fireplace Features: Family Room, Wood Burning
  • Living Area Units: Square Feet
  • Additional Rooms: Breakfast Room Separate, Family Room, Florida Room, Formal Living Room Separate, Inside Utility
  • Flooring: Carpet, Ceramic Tile, Marble
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Master Bedroom Downstairs, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Shades, Window Treatments
  • Living Area Meters: 303.79
  • Street Number Modifier: 148

Exterior Features

  • Direction Faces: South
  • Additional Water Information: Boat slips, first come with fee's
  • Water Extras: Yes
  • Water Access: Bay/Harbor, Intracoastal Waterway, Marina
  • Pool Features: Heated, Lap Pool, Lighting, Screen Enclosure
  • Exterior Features: Irrigation System, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Flood Zone Code: AE
  • Water Access: Yes
  • Pool Private: Yes
  • View: Greenbelt, Pool
  • Water Body Name: SOUTHBAY MARINA & DRYMAN BAY
  • Patio and Porch Features: Covered, Enclosed, Front Porch, Rear Porch, Screened
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway, Garage Door Opener

Utilities

  • Utilities: Electricity Connected, Public, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Southbay Yacht & Racquet Club
  • Community Features: Deed Restrictions, Fishing, Fitness, Golf Carts OK, Park, Playground, Pool, Tennis Courts, Water Access, Waterfront
  • Monthly HOA Fees: 136.00
  • Pet Size: Extra Large (101+ Lbs.)
  • Association Amenities: Basketball Court, Boat Slip, Clubhouse, Dock, Fence Restrictions, Fitness Center, Maintenance, Pickleball Court(s), Playground, Pool, Recreation Facilities, Tennis Court(s), Trails
  • Association Fee: 408.00
  • Association Fee Frequency: Quarterly
  • Association Fee Requirement: Required
  • Association Name: Toni Michel
  • Phone: 941-966-4237
  • Association: Yes

Fee Information

  • Amenities Additional Fees: Boat slips
  • Total Annual Fees: 1632.00
  • Total Monthly Fees: 136.00

Schools

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

Lot Info

  • Total Acreage: 1/4 to less than 1/2
  • Zoning: RSF2
  • Parcel Number: 0158080044
  • Lot Features: Flood Insurance Required, FloodZone, Greenbelt, Near Marina, Sidewalk, Street Paved
  • Lot Size Square Meters: 1301

Rental Info

  • Minimum Lease: 3 Months
  • Additional Lease Restrictions: Verify with HOA
  • Furnished: Furnished Or Unfurnished
  • Lease Restrictions: Yes
  • Pets Allowed: Yes

Building Info

  • Builder Name: Paver

Tax Info

  • Tax Annual Amount: 4854.10
  • Tax Book Number: 22-27
  • Tax Lot: 327

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2020
Closed on
Mar 23, 2021
Sold by
Hardaway Nancy S
Bought by
Bilal Murad
Seller's Agent
Tamara Currey
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Frank Prainito
ROBERT SLACK LLC
List Price
$823,000
Sold Price
$754,000
Premium/Discount to List
-$69,000
-8.38%
Current Estimated Value
$1,163,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,747
Avg. Annual Appreciation
9.94%
Original Mortgage
$546,000
Outstanding Balance
$489,699
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$674,048

Purchase Details

Closed on
Aug 28, 2015
Sold by
Beggun Helen
Bought by
Hardaway Nancy S

Purchase Details

Closed on
Dec 22, 1998
Sold by
Jensen Verna E
Bought by
Beggun Joseph and Beggun Helen
Source: Public Records

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
Bilal Murad $754,000 Attorney
Hardaway Nancy S $411,000 Attorney
Beggun Joseph $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bilal Murad $546,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2021 03/24/21 Sold $754,000 -2.1% $231 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
11/05/2020 11/05/20 Price Changed $769,900 -3.5% $235 / Sq Ft
10/14/2020 10/14/20 Price Changed $798,000 -3.0% $244 / Sq Ft
09/28/2020 09/28/20 For Sale $823,000 -- $252 / 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 $10,054 $898,796 -- --
2023 $10,054 $872,617 $0 $0
2022 $9,535 $813,900 $321,000 $492,900
2021 $5,031 $423,779 $0 $0
2020 $4,854 $401,754 $0 $0
2019 $4,700 $392,721 $0 $0
2018 $4,595 $385,398 $0 $0
2017 $4,574 $377,471 $0 $0
2016 $3,934 $321,000 $133,300 $187,700
2015 $3,394 $312,600 $133,300 $179,300
2014 $3,386 $266,861 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4479316

Stellar MLS

APN: 0158-08-0044