NOT LISTED FOR SALE

Estimated Value: $274,000

0.25 Acre
$1,096,000 Price per Acre
10,890 Sq Ft Lot

Last Sold February 10, 2023

Last sale price $212,500

Est. 29% increase in value since last sale

Current estimated payment $1,848/month

6 Days on Market

Highlights

  • Gated Community
  • Riverview High School Rated A
  • Heating Available

About This Lot

As of February 2023

Over a quarter of an acre of build-ready land located at the end of a private cul-de-sac nestled peacefully on Little Sarasota Bay. A hidden gem, Portofino on the Bay is a gated, maintenance free subdivision featuring a community boat dock/day dock. This unique lot surrounded by mature landscaping is now available in this quaint community by Little Sarasota Bay. This is a great opportunity to build a Mediterranean style home with access to the water and the option to purchase a boat dock*. A paver path at the end of the cul-de-sac leads to boat docks. This enclave of 20 homes is located west of the trail and close to shopping, dining, world-famous Siesta Key Beach, the Legacy Trail, and Pine View School - ranked one of the top public schools in the nation.

Last Agent to Sell the Property

Toni Zarghami

KW COASTAL LIVING III License #3283821 Listed on: 01/13/2023

KW COASTAL LIVING III

Last Buyer's Agent

James Tassell, Pllc

JASON MITCHELL REAL ESTATE FLO License #3259164

JASON MITCHELL REAL ESTATE FLO

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,490

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 111x97
  • Property is zoned RMF2

HOA Fees

  • $200 Monthly HOA Fees

Schools

  • Lakeview Elementary School
  • Sarasota Middle School
  • Riverview High School

Utilities

  • Underground Utilities
  • Fiber Optics Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0126163020

Community Details

Overview

  • Association fees include common area taxes, maintenance structure
  • Miller Management 941 923 5811 Association
  • Portofino On The Bay Community
  • Portofino On The Bay Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,490

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Maintenance Structure
  • Property Type: Land
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10898
  • Directions to Property: I-75 S to exit 205 FL-72/Clark Road west. Turn left onto S Beneva Road. Continue straight onto Vamo Rd., turn right onto Assisi Drive, lot will be on the right.
  • Status: Sold
  • Total Acreage: 1/4 to less than 1/2
  • Ratio: Close Price\List Price: 0.94444
  • Price per Sq Ft: 19.5
  • Close to Original List Price Ratio: 0.94444
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 1609

Exterior Features

  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Front Footage: 97
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0207F

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Fiber Optics, Phone Available, Public, Sewer Available, Street Lights, Underground Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 600
  • Association Fee Frequency: Quarterly
  • Association Name: Miller Management 941-923-5811
  • Association: Yes
  • Security: Gated Community
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 2400
  • Monthly HOA Fee: 200
  • Total Monthly Fees: 200

Schools

  • Elementary School: Lakeview Elementary
  • High School: Riverview High
  • Middle Or Junior School: Sarasota Middle

Lot Info

  • Zoning: RMF2
  • Parcel Number: 0126163020
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 111x97
  • Price Per Acre: 850000
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 1490

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2023
Sold by
Hysica Mentor and Hyska Juliana
Bought by
Gabriel Real Estate Llc
Current Estimated Value
$274,000

Purchase Details

Listed on
Jan 13, 2023
Closed on
Feb 10, 2023
Sold by
Sablons Palm Properties Llc
Bought by
Hyska Mentor and Hyska Juliana
Seller's Agent
Toni Zarghami
KW COASTAL LIVING III
Buyer's Agent
James Tassell, Pllc
JASON MITCHELL REAL ESTATE FLO
List Price
$225,000
Sold Price
$212,500
Premium/Discount to List
-$12,500
-5.56%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.57%

Purchase Details

Closed on
Apr 8, 2011
Sold by
Vonkahle Phil
Bought by
Sablons Palm Properties Llc and Equity Trust Company

Purchase Details

Closed on
Feb 24, 2009
Sold by
G & T Land Development Llc
Bought by
Smart Mortgage Corporation

Purchase Details

Closed on
Aug 2, 2006
Sold by
Tringali Dominic J
Bought by
G & T Land Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2005
Sold by
Sarasota Bay Const & Development Co Inc
Bought by
Tringali Dominic J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
5.62%
Mortgage Type
Balloon
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
Gabriel Real Estate Llc $10 None Listed On Document
Hyska Mentor $212,500 --
Sablons Palm Properties Llc $55,000 Barnes Walker Title Inc
Smart Mortgage Corporation -- None Available
G & T Land Development Llc $260,000 Barnes Walker Title Inc
Tringali Dominic J $350,000 Barnes Walker Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner G & T Land Development Llc $361,000
Previous Owner Tringali Dominic J $259,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Sold $212,500 -5.6% --
01/20/2023 01/20/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $225,000 0.0% --
01/14/2023 01/14/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $225,000 -- --
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 $1,860 $189,200 $172,400 $16,800
2023 $1,860 $167,600 $162,500 $5,100
2022 $1,691 $150,500 $145,700 $4,800
2021 $1,490 $120,000 $115,900 $4,100
2020 $1,486 $120,400 $115,900 $4,500
2019 $1,393 $115,900 $115,900 $0
2018 $1,336 $114,300 $114,300 $0
2017 $1,315 $84,553 $0 $0
2016 $1,300 $114,300 $114,300 $0
2015 $1,301 $114,300 $114,300 $0
2014 $1,270 $57,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4556745

Stellar MLS

APN: 0126-16-3020