NOT LISTED FOR SALE

22 Sandy Cove Rd Unit 501 Sarasota, FL 34242

Estimated Value: $1,249,000 - $1,411,000

3 Beds
3 Baths
1,898 Sq Ft
$1,738/mo HOA Fee

Last Sold January 25, 2023

Last sale price $1,400,000 $738 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $10,365/month

14 Days on Market

Highlights

  • 350 Feet of Waterfront
  • White Water Ocean Views
  • Penthouse
  • Phillippi Shores Elementary School Rated A
  • Beach Access
  • Fishing

About This Home

As of January 2023

Wow, 3bed/3 bath Penthouse with stunning full Gulf and Intercoastal waterway views. You also have views of Lido and the downtown skyline that are great during the day and the city lights will light up the sky in the evening, it's breathtaking. Also views of the lake with a fountain from both downstairs guest room both with ensuite bathrooms. There isn't a room in this penthouse that doesn't have jaw dropping views. This Penthouse unit offers a private master ensuite upstairs and private deck plus a built-in office space. Hugh walk-in closet will be a welcome surprise. Relax on the main floor large patio that has access from living room and 2nd bedroom. Soaring ceilings in combo living/dining room with a wall of sliding glass doors that offer fantastic views. No carpet here, the entire unit is tiled. Large picture window in kitchen overlooking the gulf and green scape make preparing meals a pleasure. Guest rooms on the main floor, both with ensuite bathrooms. The private beach and fishing pier are just steps from your unit. Take a swim in the gulf or the lake or dip a pole in the water from the private fishing pier and catch dinner. Unit does need to be updated so bring all your ideas to turn this penthouse into your showplace. Updating this unit will be well worth it. An easy walk to the village and public beach. Super easy to show so don't miss this one.

Last Agent to Sell the Property

Sarah McGuire

WHITE SANDS REALTY GROUP FL License #0580901 Listed on: 12/20/2022

WHITE SANDS REALTY GROUP FL

Last Buyer's Agent

Laura Navratil

MICHAEL SAUNDERS & COMPANY License #3254048

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,722

Year Built

  • Built in 1969

Lot Details

  • 350 Feet of Waterfront
  • Property fronts gulf or ocean
  • Street terminates at a dead end
  • North Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $1,738 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Intracoastal
  • Lake
  • Woods

Home Design

  • Penthouse
  • Traditional Architecture
  • Slab Foundation
  • Concrete Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,898 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Fishing Pier
  • Deeded access to the beach
  • Deck
  • Outdoor Storage
  • Front Porch

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, escrow reserves fund, maintenance structure, ground maintenance, manager
  • Sandy Cove Community
  • Sandy Cove Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Fishing

Pet Policy

  • Pets up to 101 lbs
  • 2 Pets Allowed

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,722

Year Built

Built in 1969

Lot Details

0

HOA Fees

$1,738 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Manager
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 1898
  • New Construction: No
  • Year Built: 1969
  • Building Area Total: 2013
  • Directions to Property: From US 41 head west on Siesta Drive to Higel Ave. Go right on Ocean Blvd to Sandy Cove Rd. Turn right onto Sandy Cove Rd.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4555024?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4555024?w=Customer
  • Floor Number: 5
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Property Description: Penthouse
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.93333
  • Price per Sq Ft: 737.62
  • Close to Original List Price Ratio: 0.93333
  • Ratio: Current Price\Building Area Total: 695.48
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Elevator, High Ceiling(s), Living Room/Dining Room Combo, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Stories: 2
  • Street Number Modifier: 22
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Other Structures: Storage
  • Exterior Features: Storage
  • Roof: Concrete
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • View: Trees/Woods, Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Front Porch, Porch
  • Road Surface Type: Paved, Asphalt
  • Water View: Bay/Harbor - Full, Gulf/Ocean - Full, Intracoastal Waterway, Lake
  • Water Access: Beach, Beach - Access Deeded, Gulf/Ocean
  • Water Extras: Fishing Pier
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115CO123F
  • Waterfront Frontage: 350
  • Water Frontage Feet Gulf Ocean: 350

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Water Access, Waterfront
  • Association Amenities: Cable TV, Elevator(s), Maintenance
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 1738
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1738
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 20856
  • Total Monthly Fees: 1738

Schools

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

Lot Info

  • Zoning: RMF2
  • Parcel Number: 0080081050
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone
  • Flood Zone Code: VE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 101
  • Minimum Lease: 1 Month
  • Approval Process: See Association
  • Num Timesper Year: 3
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Association

Tax Info

  • Tax Annual Amount: 5722
  • Tax Book Number: 3-18
  • Tax Lot: 105W

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2022
Closed on
Jan 25, 2023
Sold by
Norma M Stilwell Revocable Living Trust
Bought by
Cloe Timothy E and Cloe Denise
Seller's Agent
Sarah McGuire
WHITE SANDS REALTY GROUP FL
Buyer's Agent
Laura Navratil
MICHAEL SAUNDERS & COMPANY
List Price
$1,500,000
Sold Price
$1,400,000
Premium/Discount to List
-$100,000
-6.67%
Views
49
Current Estimated Value
$1,368,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,751
Avg. Annual Appreciation
0.18%

Purchase Details

Closed on
Jul 20, 2005
Sold by
Mucho Sol Llc
Bought by
Liv Stilwell Norma M and Liv Norma M Stilwell Revocable

Purchase Details

Closed on
Jun 15, 2004
Sold by
Bundrant Scott F and Bundrant Todd N
Bought by
Mucho Sol Llc

Purchase Details

Closed on
Jan 26, 1999
Sold by
Bundrant Barry W
Bought by
Bundrant Scott F and Bundrant Todd N

Purchase Details

Closed on
Apr 21, 1998
Sold by
3B Realty Inc
Bought by
Bundrant Kristine B

Purchase Details

Closed on
Oct 11, 1996
Sold by
Roberts Alan and Roberts Laura
Bought by
3 B Realty Inc
Source: Public Records

Range of Values:

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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
Cloe Timothy E $1,400,000 Msc Title
Liv Stilwell Norma M $899,900 Riddelltitle & Escrow Llc
Mucho Sol Llc -- --
Bundrant Scott F -- --
Bundrant Kristine B $355,000 --
3 B Realty Inc $400,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2023 01/25/23 Sold $1,400,000 -6.7% $738 / Sq Ft
01/04/2023 01/04/23 Pending -- -- --
12/20/2022 12/20/22 For Sale $1,500,000 -- $790 / 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 $12,842 $1,097,200 -- $1,097,200
2023 $12,842 $1,060,300 $0 $1,060,300
2022 $5,723 $481,499 $0 $0
2021 $5,747 $467,475 $0 $0
2020 $5,772 $461,021 $0 $0
2019 $5,593 $450,656 $0 $0
2018 $5,478 $442,253 $0 $0
2017 $5,455 $433,157 $0 $0
2016 $5,449 $550,400 $0 $550,400
2015 $7,493 $542,300 $0 $542,300
2014 $6,714 $476,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4555024

Stellar MLS

APN: 0080-08-1050