NOT LISTED FOR SALE

Estimated Value: $4,193,822 - $5,422,000

3 Beds
4.5 Baths
6,435 Sq Ft
$744/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $4,400,000 $684 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $31,208/month

232 Days on Market

Highlights

  • 187 Feet of Waterfront
  • Water access To Gulf or Ocean To Bay
  • In Ground Pool
  • Laurel Nokomis School Rated A-
  • Boat Lift
  • Ocean To Bay Views

About This Home

As of April 2024

Remarkable Gulf to Bay waterfront estate on the highly exclusive Island enclave of Casey Key, where opulence and serenity unite in perfect harmony. The highly sought-after gulf to bay position allows for the optimal experience in waterfront living. No trade-offs between boating and beaches, this property indulges it all. The bayside overlooks Blackburn Bay, with a dock and lift making the waters easily accessible by boat. The gulf side features a private beach right outside the front door, literally your own slice of the paradise that people converge from across the world to experience. With walls of glass and an abundance of covered balcony space, this property offers an ideal vantage to capture sunrise over the bay, sunset over the gulf, and the turquoise waters of the Gulf of Mexico all day in between. The expansive, open floor plan is ideally suited for both entertaining and water gazing, with seating areas thoughtfully positioned throughout both floors. Added luxuries include a wet bar, elevator, upstairs laundry room off the owner’s suite, and a dedicated study on the main level. The neutral palette affords the opportunity to easily customize decor and finishes to suit your design preferences. Outside, the resort-like setting is enhanced by an infinity pool and spa, and the grounds feature lush lawns, paver paths, and outdoor dining retreats. Additionally, the property boasts 107 feet of water frontage on the Gulf of Mexico and 80 feet of frontage on Blackburn Bay, providing an extensive and stunning connection to both bodies of water. Savor the tranquility of Gulf to Bay living. Don't miss the opportunity to make this exquisite property your own and experience the epitome of coastal luxury.

Last Agent to Sell the Property

Toni Zarghami

KW COASTAL LIVING III Brokerage Phone: 941-900-4151 License #3283821 Listed on: 07/07/2023

KW COASTAL LIVING III

Last Buyer's Agent

Toni Zarghami

KW COASTAL LIVING III Brokerage Phone: 941-900-4151 License #3283821 Listed on: 07/07/2023

KW COASTAL LIVING III

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,785

Year Built

  • Built in 1999

Lot Details

  • 0.59 Acre Lot
  • 187 Feet of Waterfront
  • 80 Feet of Bay Harbor Waterfront
  • 107 Feet of Ocean or Gulf Waterfront
  • West Facing Home
  • Well Sprinkler System
  • Landscaped with Trees
  • Property is zoned RE2

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean To Bay
  • Pool

Home Design

  • Tile Roof
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 6,435 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Dry Bar
  • High Ceiling
  • Sliding Doors
  • Family Room
  • Bonus Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa
  • Outside Bathroom Access

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Property fronts gulf or ocean with access to the bay
  • Boat Lift
  • Open Dock
  • Balcony
  • Covered patio or porch
  • Exterior Lighting

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Casey Key Estates Community
  • Casey Key Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,785

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 6435
  • Lot Size Acres: 0.59
  • New Construction: No
  • Year Built: 1999
  • Building Area Total: 8810
  • Lot Size Sq Ft: 25729
  • Directions to Property: 41 TO BLACKBURN POINT RD WEST TO CASEY KEY RD SOUTH (LEFT) TO 1704 CASEY KEY RD*
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 203884503
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 683.76
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_DockDescription: Dock - Open
  • Attribution Contact: 941-900-4151
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Dry Bar, Elevator, High Ceilings, Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Street Number Modifier: 1704
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Family Room
  • Living Area Meters: 597.83
  • Room Count: 7

Exterior Features

  • Direction Faces: West
  • Pool Features: In Ground, Outside Bath Access
  • Exterior Features: Balcony, Lighting, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Pool, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio, Porch
  • Road Surface Type: Paved
  • Disclosures: Seller Property Disclosure
  • Water Access: Gulf/Ocean to Bay
  • Water Extras: Lift
  • Water Extras YN: 1
  • Water View: Gulf/Ocean to Bay
  • Water View YN: 1
  • Waterfront Feet Total: 187
  • Water Frontage Feet Bay Harbor: 80
  • Water Frontage Feet Gulf Ocean: 107

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Utilities: Electricity Connected, Sprinkler Well
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Heat Pump, Zoned
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

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

Lot Info

  • Zoning: RE2
  • Parcel Number: 0166130001
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone
  • Flood Zone Code: VE
  • Homestead YN: 0
  • Lot Size Square Meters: 2390

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 49785.46
  • Tax Lot: NA

Multi Family

  • Waterfront Features: Gulf/Ocean to Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Apr 10, 2024
Sold by
Rfl Living Trust and Lee Richard F
Bought by
Gross Germaine
Seller's Agent
Toni Zarghami
KW COASTAL LIVING III
Buyer's Agent
Toni Zarghami
KW COASTAL LIVING III
List Price
$6,500,000
Sold Price
$4,400,000
Premium/Discount to List
-$2,100,000
-32.31%
Views
166
Current Estimated Value
$4,788,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,706
Avg. Annual Appreciation
7.25%
Original Mortgage
$3,300,000
Outstanding Balance
$3,266,089
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$1,522,617

Purchase Details

Closed on
Sep 13, 2005
Sold by
Fox Donald R and Fox Joan M
Bought by
Lee Richard F and The Rfl Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 1997
Sold by
Mccabe Edward G
Bought by
Fox Donald R and Fox Joan M

Purchase Details

Closed on
Apr 22, 1996
Sold by
Stevenson Joanne H and Stevenson Steenson R
Bought by
Mccabe Edward G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
7.77%

Purchase Details

Closed on
Apr 19, 1996
Sold by
Swope Caryl H
Bought by
Mccabe Edward G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
7.77%
Source: Public Records

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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
Gross Germaine $4,400,000 None Listed On Document
Lee Richard F $6,700,000 --
Fox Donald R $735,000 --
Mccabe Edward G $300,000 --
Mccabe Edward G $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gross Germaine $3,300,000
Previous Owner Lee Richard F $5,000,000
Previous Owner Fox Donald R $1,950,000
Previous Owner Mccabe Edward G $800,000
Previous Owner Mccabe Edward G $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $4,400,000 -15.4% $684 / Sq Ft
02/25/2024 02/25/24 Pending -- -- --
02/21/2024 02/21/24 Price Changed $5,200,000 -5.5% $808 / Sq Ft
12/14/2023 12/14/23 Price Changed $5,500,000 -8.3% $855 / Sq Ft
08/25/2023 08/25/23 Price Changed $5,995,000 -7.8% $932 / Sq Ft
07/07/2023 07/07/23 For Sale $6,500,000 -- $1,010 / 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 $55,594 $3,447,900 $2,207,000 $1,240,900
2023 $55,594 $5,298,600 $2,453,400 $2,845,200
2022 $49,785 $4,566,500 $1,817,700 $2,748,800
2021 $42,237 $3,433,300 $1,348,600 $2,084,700
2020 $42,929 $3,412,000 $1,234,000 $2,178,000
2019 $42,345 $3,380,100 $1,234,000 $2,146,100
2018 $59,065 $4,751,400 $1,993,600 $2,757,800
2017 $54,144 $4,243,900 $1,939,900 $2,304,000
2016 $55,452 $4,359,900 $1,862,100 $2,497,800
2015 $50,187 $3,754,300 $1,543,000 $2,211,300
2014 $46,544 $3,523,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4574918

Stellar MLS

APN: 0166-13-0001