NOT LISTED FOR SALE

1603 Bayhouse Point Dr Unit 111 Sarasota, FL 34231

Vamo Neighborhood

Estimated Value: $613,000 - $667,000

3 Beds
2 Baths
1,320 Sq Ft
$800/mo HOA Fee

Last Sold January 18, 2024

Last sale price $675,000 $511 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $4,427/month

138 Days on Market

Highlights

  • Waterfront Community
  • Boat Dock
  • Fishing
  • Riverview High School Rated A
  • Fitness Center
  • Clubhouse

About This Home

As of January 2024

Welcome to this exquisite 3-bedroom, 2-bathroom condo in the sought-after Pelican Cove community! Prepare to be captivated by the stunning upgrades throughout this home, featuring sleek stainless steel appliances, custom cabinets, and a beautiful white tile backsplash. The kitchen boasts concrete countertops, creating an elegant and modern feel, complemented by the remodeled floor-to-ceiling design and recessed lighting.
One of the standout features of this condo is its unique positioning, ensuring no direct sunlight into the unit, providing a comfortable and relaxing living environment without being blasted with sun every day. The thoughtfully designed custom built-ins offer ample storage and organization options, adding to the overall functionality of the space.
Both bathrooms have been thoughtfully updated with custom-built sinks, adding an artistic touch to the space. The floorplan is spacious, allowing for versatile living arrangements and a seamless flow between rooms. Step outside to the back patio and be enchanted by the serene view, providing a tranquil retreat after a long day.
Pelican Cove is a 75-acre, gated waterfront community. Residents cannot only enjoy the lush tropical foliage but also take advantage of the 86-slip boat harbor with excellent rates (call HOA for availability), perfect for boating enthusiasts, as well as a launch dock for kayaks and canoes. The community offers an array of amenities, including six heated swimming pools, a hot-tub, three clubhouses, four lighted tennis courts, shuffleboard, basketball, a dog walk area, walking trails, and boardwalks. Enjoy the peaceful fishing gazebos or take part in water exercise classes and utilize the exercise facility.
Don't miss the opportunity to experience the resort-like lifestyle in this meticulously upgraded condo, nestled in the heart of Pelican Cove's vibrant and amenity-rich community. Schedule a viewing today and make this slice of paradise your own!

Last Agent to Sell the Property

Jessica Nolan

KELLER WILLIAMS REALTY FT MYER Brokerage Phone: 239-236-4350 License #3223347 Listed on: 07/24/2023

KELLER WILLIAMS REALTY FT MYER

Last Buyer's Agent

Kelly Baldwin

COLDWELL BANKER REALTY License #3281421

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,594

Year Built

  • Built in 1976

HOA Fees

  • $800 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Built-Up Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Wood Flooring
  • Dryer

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Southwest Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, internet
  • Pelican Cove Association, Phone Number (941) 966-5674
  • Pelican Cove Community
  • Pelican Cove I Subdivision

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Boat Slip
  • Waterfront Community
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Fishing
  • Dog Park

Pet Policy

  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,594

Year Built

Built in 1976

Lot Details

0

HOA Fees

$800 per month

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Internet
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 1320
  • New Construction: No
  • Year Built: 1976
  • Building Area Total: 1582
  • Directions to Property: located in pelican cove bayhouse pointe building number 1
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Fort Myers
  • Escrow Postal Code: 33966
  • Escrow State: FL
  • Escrow Street Name: Six Mile Cypress Pkwy
  • Escrow Street Number: 10471
  • Floor Number: 1
  • List Office Head Office Key Nume: 170739214
  • Minimum Lease: 2 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 511.36
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 239-236-4350
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Wood
  • Full Bathrooms: 2
  • Interior Amenities: Built-in Features, Walk-In Closet(s)
  • Appliances Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator
  • Foundation Details: Concrete Perimeter
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 1603
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 122.63
  • Room Count: 3

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Other
  • Roof: Built-Up, Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Dog Park, Fishing, Pool, Sidewalks, Tennis Courts, Waterfront
  • Association Amenities: Basketball Court, Boat Slip, Dock, Fitness Center, Pickleball Court(s), Pool, Shuffleboard Court, Storage, Tennis Court(s)
  • Association Fee: 800
  • Association Fee Frequency: Monthly
  • Association Name: Pelican Cove
  • Phone: 9419665674
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Building Name Number: 1
  • Condo Fees: 0
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0

Fee Information

  • Total Annual Fees: 9600.00
  • Total Monthly Fees: 800.00
  • Monthly HOA Amount: 800.00

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0126101011
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 1

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Number Limit
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: all tenants must submit an application to the hoa. see attached hoa documents for all leasing rules

Tax Info

  • Tax Annual Amount: 5593.68
  • Tax Book Number: 8-37
  • Tax Lot: 0

Multi Family

  • Approval Process: see attached hoa documents

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
Jan 18, 2024
Sold by
Nettles David B and Nettles Trust
Bought by
Mucha Joseph Robert and Gossett-Mucha Danielle Catania
Seller's Agent
Jessica Nolan
KELLER WILLIAMS REALTY FT MYER
Buyer's Agent
Kelly Baldwin
COLDWELL BANKER REALTY
List Price
$769,000
Sold Price
$675,000
Premium/Discount to List
-$94,000
-12.22%
Views
144
Current Estimated Value
$609,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,915
Avg. Annual Appreciation
-3.70%
Original Mortgage
$479,925
Outstanding Balance
$472,524
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$162,287

Purchase Details

Closed on
Apr 26, 2023
Sold by
Nettles David B and Nettles Kelly
Bought by
Nettles Trust

Purchase Details

Closed on
Apr 26, 2005
Sold by
Bissett William C and Bissett Elizabeth D
Bought by
Kupper G William and Kupper Lorraine A

Purchase Details

Closed on
Mar 16, 2005
Sold by
Eisenbud David
Bought by
Bissett William C and Bissett Elizabeth D

Purchase Details

Closed on
Dec 29, 2000
Sold by
Slater Jonathan E and Slater Michael W
Bought by
Eisenbud Ruth Jean
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
Mucha Joseph Robert $675,000 Team Title Insurance Agency In
Nettles Trust $100 None Listed On Document
Kupper G William $425,000 --
Bissett William C $315,000 Riddell Title & Escrow
Eisenbud Ruth Jean -- --
Eisenbud Ruth Jean $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mucha Joseph Robert $479,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2024 01/18/24 Sold $675,000 -5.5% $511 / Sq Ft
12/10/2023 12/10/23 Pending -- -- --
12/06/2023 12/06/23 Price Changed $714,000 -1.5% $541 / Sq Ft
11/03/2023 11/03/23 Price Changed $724,900 -5.7% $549 / Sq Ft
09/21/2023 09/21/23 Price Changed $769,000 0.0% $583 / Sq Ft
09/21/2023 09/21/23 For Sale $769,000 +13.9% $583 / Sq Ft
08/12/2023 08/12/23 Off Market $675,000 -- --
07/31/2023 07/31/23 Price Changed $775,000 -6.1% $587 / Sq Ft
07/24/2023 07/24/23 For Sale $825,000 +29.1% $625 / Sq Ft
05/06/2022 05/06/22 Sold $639,000 +11.1% $484 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $575,000 -- $436 / 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 $4,004 $548,700 -- $548,700
2023 $4,004 $337,452 $0 $0
2022 $5,594 $436,000 $0 $436,000
2021 $2,966 $241,728 $0 $0
2020 $2,967 $238,391 $0 $0
2019 $2,861 $233,031 $0 $0
2018 $2,789 $228,686 $0 $0
2017 $2,627 $212,335 $0 $0
2016 $2,626 $250,800 $0 $250,800
2015 $2,668 $234,400 $0 $234,400
2014 $2,656 $201,855 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7478512

Stellar MLS

APN: 0126-10-1011