NOT LISTED FOR SALE

Estimated Value: $6,731,865

4 Beds
5.5 Baths
6,978 Sq Ft
$965/Sq Ft Est. Value

Sale Details

Date Sold: April 8, 2024

Last sale price $5,100,000 $731 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $42,120 / mo

89 Days on Market

Highlights

  • White Water Ocean Views
  • Water access To Gulf or Ocean
  • Property Fronts a Bay or Harbor
  • Southside Elementary School Rated A
  • Dock made with wood
  • In Ground Pool

About This Home

As of April 2024

With access to the Gulf of Mexico and the Intracoastal Waterway, boating and dock are conveniently right out your back door. Sited on .73 of an acre (31,898 SF) with 93’ of waterfront, located on the corner of historic S Washington and Tremont, the location offers a deep water basin, Lido Key’s 2.5 miles of white sandy beach on the Gulf of Mexico, and famous St Armands Circle for entertainment. The location and lot size are outstanding. Tremont Lane is a private road for this 5 home small community. The house is 6978 SF, 2 stories, built in 1990 with large rooms, high ceilings, swimming pool and patios. It needs TLC or a new start. Either way, the waterfront location is exciting offering beach, boating, and the shopping/ dining experiences of St. Armands Circle. Sold AS IS, cash only.

Last Agent to Sell the Property

Laura Pearson

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3153404 Listed on: 11/10/2023

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Co-Listed By

CARMEN BASKIND

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #0663919

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,377

Year Built

  • Built in 1990

Lot Details

  • 31,898 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Street terminates at a dead end
  • Southeast Facing Home
  • Mature Landscaping
  • Corner Lot
  • Irregular Lot
  • Irrigation
  • Landscaped with Trees
  • Property is zoned RSF1

HOA Fees

  • $213 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Fixer Upper
  • Slab Foundation
  • Stem Wall Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 6,978 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Shutters
  • Sliding Doors
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Inside Utility
  • White Water Ocean Views
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa
  • Gunite Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Seawall
  • Dock made with wood
  • Enclosed Patio or Porch

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

  • Southside Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Community Details

  • Association fees include ground maintenance, private road
  • Ann Johnson Association, Phone Number (921) 388-2230
  • Saint Armands Division John Ringling Estates Community
  • Saint Armands DIV John Ringling Estates Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,377

Year Built

Built in 1990

Lot Details

0.73 Acres

HOA Fees

$213 per month

Parking

3

Listing Details

  • HOA Fee Includes: Maintenance Grounds, Private Road
  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Construction Materials: Stucco
  • Fireplace: Yes
  • Living Area: 6978
  • Lot Size Acres: 0.73
  • New Construction: No
  • Year Built: 1990
  • Building Area Total: 8505
  • Lot Size Sq Ft: 31898
  • Status: Sold
  • Co List Office Mls Id: MFR281519790
  • Co List Office Phone: 941-364-4000
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 790.14
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 730.87
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Wood
  • MFR_DockYN: 1
  • Attribution Contact: 941-364-4000
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Primary Bedroom Main Floor, Walk-In Closet(s), Wet Bar
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Dryer, Refrigerator, Washer
  • Foundation Details: Slab, Stem Wall
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Window Features: Shutters
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Family Room,Formal Dining Room Separate,Formal Living Room Separate,Inside Utility
  • Living Area Meters: 648.28

Exterior Features

  • Direction Faces: Southeast
  • Pool Features: Gunite, In Ground
  • Exterior Features: Hurricane Shutters, Irrigation System, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Patio, Screened
  • Road Surface Type: Asphalt
  • Water Access: Bay/Harbor,Gulf/Ocean,Intracoastal Waterway
  • Water Extras: Seawall - Concrete
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0129F
  • Additional Water Information: NO BRIDGES TO SARASOTA BAY. 93' of sea wall

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway, Garage Door Opener, Garage Faces Side

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 1275
  • Association Fee Frequency: Semi-Annually
  • Association Name: Ann Johnson
  • Phone: 921-388-2230
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Complex Community Name Nccb: ST.ARMANDS
  • Pet Restrictions: SEE COUNTY REGULATIONS
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 2550.00
  • Total Monthly Fees: 212.50
  • Monthly HOA Amount: 212.50

Schools

  • Elementary School: Southside Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2016030018
  • Additional Parcels: No
  • Lot Features: Corner Lot, Flood Insurance Required, FloodZone, City Limits, Irregular Lot, Street Dead-End, Paved
  • Property Attached Yn: No
  • Flood Zone Code: AE

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: CONTACT CITY OF SARASOTA FOR LEASE RESTRICTIONS

Tax Info

  • Tax Annual Amount: 46377
  • Tax Block: 20
  • Tax Book Number: 2-30
  • Tax Lot: 3

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Apr 5, 2024
Sold by
Samir M Shafie Revocable Trust and Shafie Samir M
Bought by
Seller's Agent
Laura Pearson
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$7,350,000
Sold Price
$5,100,000
Premium/Discount to List
-$2,250,000
-30.61%
Views
183
Current Estimated Value
$6,731,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,631,865
Avg. Annual Appreciation
12.05%

Purchase Details

Closed on
Jul 17, 1995
Sold by
Nelson Robert R and Nelson Mollie B
Bought by
Shafie Samir M
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lido Key, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$5,100,000 None Listed On Document
Shafie Samir M $1,500,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $40,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/08/2024 04/08/24 Sold $5,100,000 -30.6% $731 / Sq Ft
02/12/2024 02/12/24 For Sale $7,350,000 0.0% $1,053 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
01/29/2024 01/29/24 Pending -- -- --
12/05/2023 12/05/23 Price Changed $7,350,000 -12.0% $1,053 / Sq Ft
11/10/2023 11/10/23 For Sale $8,350,000 -- $1,197 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $74,174 $3,877,100 $3,845,600 $31,500
2024 $47,324 $5,072,600 $4,672,000 $400,600
2023 $47,324 $3,177,986 $0 $0
2022 $46,377 $3,085,423 $0 $0
2021 $46,572 $2,995,556 $0 $0
2020 $47,151 $2,954,197 $0 $0
2019 $45,981 $2,887,778 $0 $0
2018 $44,692 $2,798,114 $0 $0
2017 $44,199 $2,740,562 $0 $0
2016 $44,059 $3,050,000 $1,734,600 $1,315,400
2015 $44,735 $2,840,500 $1,746,000 $1,094,500
2014 $44,711 $2,605,300 $0 $0
Source: Public Records

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Map

Source: Stellar MLS

MLS Number: A4588980

Stellar MLS

APN: 2016-03-0018

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