NOT LISTED FOR SALE

Estimated Value: $924,000 - $1,569,614

3 Beds
3 Baths
2,793 Sq Ft
$725/mo HOA Fee

Last Sold April 25, 2022

Last sale price $1,750,000 $627 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $8,640/month

33 Days on Market

Highlights

  • 300 Feet of Creek Waterfront
  • Access To Intracoastal Waterway
  • Fitness Center
  • Phillippi Shores Elementary School Rated A
  • Boat Slip Deeded
  • Intracoastal View

About This Home

As of April 2022

WELCOME HOME TO THIS COMPLETELY RENOVATED GORGEOUS DESIGNER PENTHOUSE LOCATED IN PHILLIPPI LANDINGS, ONE OF SARASOTA’S MOST HIGHLY DESIRED WATERFRONT ADDRESSES. Come see this stunning 2800+- sq. ft., 3 BR, 3 BA. residence featuring one of the largest outdoor terraces on the market and enjoy the breathtaking panoramic views of the Intracoastal Waterway, Phillippi Creek and surrounding protected waterways. Located on the 7th floor, take the built-in elevator from the secured private downstairs parking garage right into this Designer residence. As the doors open, walk into the beautiful foyer featuring brand new hardwood floors and architectural features including custom tray ceilings, designer lighting, recessed lighting, crown moldings, art niches, built-ins and more. As you go down the main entry hall, it opens to a wonderful spacious great room full of light and elegance and features a large formal dining room off to the side as well as a separate private screened balcony overlooking the Phillippi Creek waterway. The custom, newly renovated gourmet kitchen is every entertainer’s dream. Light 48" cabinets throughout, quartz countertops and an island cooktop with stainless-steel hood, built-in state-of-the-art appliances, and separate Butler's pantry with additional oven and laundry room. Masterfully planned, this ideal 3-way split bedroom floorplan is perfect for privacy and guests. The Owner’s Suite, off the great room, has soaring high ceilings, designer lighting and a wonderful sitting area that overlooks the Creek and passing boats. It also features double walk-in closets with California-style built-ins. Newly renovated, the spa-like master bath has separate marble vanities with separate sinks, custom cabinetry, a garden soaking tub and a separate walk-in shower with custom marble throughout. Situated off the kitchen is an additional Den/Reading Room with sliding glass doors opening out to the 1,000 sq. ft. terrace as well as an additional bedroom with its own private bathroom and a second set of sliding glass doors leading out to the picturesque, partially-covered terrace. Massive pots w/palm plantings enhance the beauty of your private outdoor oasis. Open air grilling permitted! Across the way fand as you first enter the residence is the third bedroom and hall bath. The Gated Community of Phillippi Landings also has a host of fantastic amenities, a clubhouse with full catering kitchen, a fitness center, a large, heated pool and spa, a dog park, BBQ area, and a kayak launch. Boat docks may be available for purchase from builder. The enchanting Phillippi Creek waterway flows into Robert’s Bay, Sarasota Bay and from Big Pass into the Gulf of Mexico. This location is in the heart of Sarasota, just a few miles to both downtown Sarasota and the breathtaking world-renowned sugar sand beaches of Siesta Key, voted the No. 1 beach in the USA for many years. This residence is truly Turn-Key Designer-furnished (with few exceptions). Don’t let this one-of-a-kind rarely available Penthouse pass you by. Call for an appointment and come see it today!!

Last Agent to Sell the Property

Ann Marszalek

REALTY EXECUTIVES GALLERY License #3406681 Listed on: 02/19/2022

Co-Listed By

Christopher Nutt

REALTY EXECUTIVES GALLERY PROP License #618264

Last Buyer's Agent

Kevin Tai

PREFERRED SHORE LLC License #3336230

PREFERRED SHORE LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,438

Year Built

  • Built in 2006

Lot Details

  • East Facing Home

HOA Fees

  • $725 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Ground Level Parking
  • Garage Door Opener
  • Secured Garage or Parking
  • Parking Garage Space

Property Views

  • Creek or Stream

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,793 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Shutters
  • Drapes & Rods
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Living Room
  • Formal Dining Room
  • Den
  • Inside Utility
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Cooking Island
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub With Separate Shower Stall
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Brackish Water
  • Fishing Pier
  • Boat Slip Deeded
  • Balcony
  • Wrap Around Porch

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Riverview High School

Mobile Home

  • Mobile Home Model is San Remo Penthouse

Utilities

  • Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, fidelity bond, insurance, maintenance structure, ground maintenance, management, pest control, recreational facilities, security, sewer, trash, water
  • Casey Management Association, Phone Number (941) 922-3391
  • Phillippi Landings Community
  • Phillippi Landings A Subdivision
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking

Recreation

Pet Policy

  • Pets up to 101 lbs
  • 2 Pets Allowed

Security

  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,438

Year Built

Built in 2006

Lot Details

0

HOA Fees

$725 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Pool, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Mediterranean
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 2793
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 3889
  • Directions to Property: From I-75 (S), Exit on Bee Ridge Rd., turn Right, drive to U.S.41 (Tamiami Trl.) and turn Left, turn right at Phillippi Landings onto Monte Carlo Dr. From I-75 (N), Exit on Clark Rd., turn left onto Clark, drive to U.S.41 (Tamiami Trl.), and turn Right, turn left at Phillppi Landings onto Monte Carlo Dr. Philippi Isles is across from Phillippi Creek Oyster Bar. Once inside community, make first left and park in any open space.
  • Status: Sold
  • Co List Office Mls Id: MFR261014660
  • Co List Office Phone: 407-326-6000
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 7
  • List Office Head Office Key Nume: 207123048
  • Minimum Lease: 3 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 626.57
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 1
  • Property Description: End Unit,Penthouse
  • Amenities Additional Fees: Boat Dock Fees range from $27,500-42,500 depending on length of boat and dock number.
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Wood
  • Full Bathrooms: 3
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Elevator, High Ceilings, Master Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Drapes, Shutters
  • Street Number Modifier: 1921
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office,Formal Dining Room Separate,Great Room,Inside Utility
  • Living Area Meters: 259.48
  • Room Count: 7

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: PHILLIPPI CREEK
  • Waterfront: Yes
  • Patio and Porch Features: Side Porch, Wrap Around
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Brackish Water,Intracoastal Waterway
  • Water Extras: Dock - Slip Deeded On-Site,Fishing Pier
  • Water Extras YN: 1
  • Water View: Creek,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 300
  • Additional Water Information: Community Kayak launch.
  • Water Frontage Feet Creek: 300

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Ground Level, Guest, Under Building

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness Center, Gated, No Truck/RV/Motorcycle Parking, Pool, Water Access, Waterfront
  • Association Fee: 2175
  • Association Fee Frequency: Quarterly
  • Association Name: Casey Management
  • Phone: 941-922-3391
  • Association: Yes
  • Security: Fire Alarm, Fire Sprinkler System, Gated Community, Key Card Entry, Secured Garage / Parking, Security Gate, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Pet Restrictions: 2 Pets allowed. No weight restriction. Tenants=no pets. Please contact HOA for any and all Rules and Regulations
  • Association Fee Requirement: Required
  • Building Name Number: "A"
  • Condo Fees: 0
  • Condo Land Included YN: 0
  • Max Pet Weight: 101
  • Montly Maint Amt Addition To HOA: 0
  • Pet Size: Extra Large (101+ Lbs.)

Fee Information

  • Total Annual Fees: 8700.00
  • Total Monthly Fees: 725.00
  • Monthly HOA Amount: 725.00

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RMF4
  • Parcel Number: 0084081029
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please contact HOA for any and all Rules and Regulations

Tax Info

  • Tax Annual Amount: 10438
  • Tax Book Number: /
  • Tax Lot: 701

Multi Family

  • Waterfront Features: Creek
  • Approval Process: Application Process. Buyer Approval required. Please contact HOA for any and all Rules and Regulations

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2022
Sold by
Walters Sr Charles G
Bought by
Charles G Walters Sr Revocable Trust
Total Days on Market
33
Current Estimated Value
$1,261,904

Purchase Details

Listed on
Nov 30, 2017
Closed on
Mar 26, 2018
Sold by
Robinson Fredrick A and Robinson Linda H
Bought by
Waters Charles G
Seller's Agent
Mackenzie Longueuil
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Ann Marszalek
REALTY EXECUTIVES GALLERY
List Price
$1,050,000
Sold Price
$975,000
Premium/Discount to List
-$75,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.65%

Purchase Details

Listed on
Sep 26, 2011
Closed on
Jun 25, 2012
Sold by
Portnoy Danielle
Bought by
Robinson Fredrick A and Robinson Linda H
Seller's Agent
Wendy Merriman
COLDWELL BANKER REALTY
Buyer's Agent
Pat Mudgett
MICHAEL SAUNDERS & COMPANY
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%
Original Mortgage
$250,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2011
Sold by
Portnoy Barry
Bought by
Portnoy Danielle

Purchase Details

Closed on
Aug 20, 2010
Sold by
Pl Development A Llc
Bought by
Portnoy Barry C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.6%
Mortgage Type
Seller Take Back
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
Charles G Walters Sr Revocable Trust -- Thomas C Tyler Jr Pa
Waters Charles G $975,000 Attorney
Robinson Fredrick A $750,000 Attorney
Portnoy Danielle -- Attorney
Portnoy Barry C $750,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robinson Fredrick A $250,000
Previous Owner Portnoy Barry C $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2022 04/25/22 Sold $1,750,000 -5.4% $627 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
02/19/2022 02/19/22 For Sale $1,850,000 +89.7% $662 / Sq Ft
03/26/2018 03/26/18 Sold $975,000 -7.1% $349 / Sq Ft
02/23/2018 02/23/18 Pending -- -- --
11/30/2017 11/30/17 For Sale $1,050,000 +40.0% $376 / Sq Ft
07/03/2012 07/03/12 Sold $750,000 0.0% $269 / Sq Ft
05/12/2012 05/12/12 Pending -- -- --
09/26/2011 09/26/11 For Sale $750,000 -- $269 / 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 $14,610 $978,300 -- $978,300
2023 $14,610 $1,198,200 $0 $1,198,200
2022 $12,072 $994,700 $0 $994,700
2021 $10,439 $807,500 $0 $807,500
2020 $10,247 $775,600 $0 $775,600
2019 $10,000 $761,300 $0 $761,300
2018 $4,518 $357,408 $0 $0
2017 $4,498 $350,057 $0 $0
2016 $4,555 $943,100 $0 $943,100
2015 $4,634 $815,100 $0 $815,100
2014 $4,617 $332,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6004587

Stellar MLS

APN: 0084-08-1029