NOT LISTED FOR SALE

22 Sandy Cove Rd Unit 502 Sarasota, FL 34242

Estimated Value: $1,401,000 - $1,811,000

3 Beds
3 Baths
1,876 Sq Ft
$2,220/mo HOA Fee

Last Sold October 06, 2023

Last sale price $1,600,000 $853 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $11,874/month

360 Days on Market

Highlights

  • 885 Feet of Waterfront
  • White Water Ocean Views
  • Fishing
  • Phillippi Shores Elementary School Rated A
  • Water access To Gulf or Ocean
  • 7.04 Acre Lot

About This Home

As of October 2023

Under contract-accepting backup offers. Backup offers accepted. Welcome to Paradise. Don't miss out on this stunning Sandy Cove I Penthouse. A hidden gem in Siesta Key’s North Village area, this is a pet friendly, gulf front community set amongst peaceful grounds, a private, crystal white sand beach in a tropical cove and fishing pier on the Gulf of Mexico. Designed by award winning Sarasota School of Architecture Architect Frank Folsom Smith. Kayak storage racks are conveniently located near the beach. Parking for two cars: one under a carport with extra storage for bikes and island beach gear plus an extra assigned open space in front of the building. This beautiful two story Penthouse has been totally renovated by Tatiana White and Sam Dickson. The entire upstairs is the owner's suite. Once you open the door, you are greeted with a gorgeous panoramic view of the Gulf of Mexico to the Northwest and to the South you see the fountain in spring-fed Cedar Lake where you can swim. The floor to ceiling hurricane grade sliders and windows allow natural light to flow throughout. Stairs and second floor Master suite were designed by Tatiana White. The Kitchen is a chef’s dream with a built in microwave/convection and oven, beautiful glass tile backsplash, farmers sink, and an abundance of cabinet space. Serve your guests on the patio through the sliding window passageway making entertaining easy. Travertine tile flooring throughout, including the two terraces. This three ensuite bedroom Penthouse offers plenty of space to be used as a full time home or a perfect seasonal getaway. Attention to detail throughout: the sculpture nook in the front foyer, the wood burning fireplace and the hand painted geckos in the third bathroom sink. Sandy Cove is just minutes away from fabulous restaurants, boutiques and entertainment in Siesta Village. The Farmer's Market is every Sunday morning right in the center of the Village. Downtown Sarasota and St. Armands Circle are just minutes away to enjoy the cultural offerings of the arts and theatre, shopping and fine dining. Pets welcome- no weight limit. HOA fees cover flood insurance for the exterior of the building.

Last Agent to Sell the Property

Jackie Eberley

COLDWELL BANKER REALTY Brokerage Phone: 941-349-4411 License #3421725 Listed on: 04/29/2022

COLDWELL BANKER REALTY

Co-Listed By

Betsy De Manio

COLDWELL BANKER REALTY Brokerage Phone: 941-349-4411 License #0413658

Last Buyer's Agent

Candy Swick

CANDY SWICK & COMPANY License #0330355

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,069

Year Built

  • Built in 1969

Lot Details

  • 885 Feet of Waterfront
  • 260 Feet of Lake Waterfront
  • 400 Feet of Ocean or Gulf Waterfront
  • 225 Feet of Public Beach Waterfront
  • 225 Feet of Private Beach Waterfront
  • Lake Front
  • North Facing Home
  • Dog Run
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $2,220 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Lake
  • Woods

Home Design

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

Interior Spaces

  • 1,876 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Shade Shutters
  • Sliding Doors
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Lake
  • Fishing Pier
  • Seawall
  • Deck
  • Patio
  • Outdoor Storage
  • Side Porch

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, management, pest control, sewer, trash, water
  • Lighthouse Mangaement/Crystal Gould Association, Phone Number (941) 312-5287
  • Sandy Cove Community
  • Sandy Cove Subdivision

Recreation

  • Fishing

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed
  • Extra large pets allowed

Security

  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,069

Year Built

Built in 1969

Lot Details

0

HOA Fees

$2,220 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: Yes
  • Living Area: 1876
  • Lot Size Acres: 7.04
  • New Construction: No
  • Year Built: 1969
  • Building Area Total: 2126
  • Lot Size Sq Ft: 306866
  • Directions to Property: Take S Tamiami Trail to Siesta Dr. Take North bridge to Siesta Key. Travel on Higel Ave and turn right onto Ocean Blvd. Turn right onto Sandy Cove Rd. 22 sandy Cove will be on your left.
  • Status: Sold
  • Co List Office Mls Id: MFR281502372
  • Co List Office Phone: 941-349-4411
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 5
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 1 Month
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 852.88
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Water Frontage Feet Beach: 225
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Travertine
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Master Bedroom Upstairs, Solid Wood Cabinets, Thermostat, Vaulted Ceiling(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Yn: No
  • Stories: 2
  • Street Number Modifier: 22
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 174.29
  • Room Count: 6

Exterior Features

  • Direction Faces: North
  • Other Structures: Storage
  • Exterior Features: Dog Run, Hurricane Shutters, Shade Shutter(s), Sliding Doors, Storage
  • Roof: Concrete, Tile
  • Home Warranty: No
  • Pool Private: No
  • View: Trees/Woods, Water
  • Water Body Name: GULF OF MEXICO AND CEDAR LAKE
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Side Porch
  • Road Surface Type: Asphalt
  • Water Access: Bay/Harbor,Beach,Gulf/Ocean,Gulf/Ocean to Bay,Lake
  • Water Extras: Fishing Pier,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full,Gulf/Ocean - Full,Gulf/Ocean to Bay,Lake
  • Water View YN: 1
  • Waterfront Feet Total: 885
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0137F
  • Water Frontage Feet Lake: 260
  • Water Frontage Feet Gulf Ocean: 400
  • Water Frontage Feet Beach Prvt: 225

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fishing, Water Access, Waterfront
  • Association Fee Frequency: Quarterly
  • Association Name: Lighthouse Mangaement/Crystal Gould
  • Phone: 941 312-5287 303
  • Association: Yes
  • Senior Community: No
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Building Name Number: SANDY COVE
  • Condo Fees: 2220
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: crystal.gould@mgmt.tv
  • Monthly Condo Fee Amount: 2220
  • Pet Size: Extra Large (101+ Lbs.)
  • Subdivision Section Number: 11
  • SW Subdiv Condo Num: 7074

Fee Information

  • Total Annual Fees: 26640.00
  • Total Monthly Fees: 2220.00

Schools

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

Lot Info

  • Zoning: RMF2
  • Parcel Number: 0080081051
  • Additional Parcels: No
  • Lot Features: FloodZone, Paved
  • Flood Zone Code: VE
  • Homestead YN: 0
  • Lot Size Square Meters: 28509

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please refer to application

Tax Info

  • Tax Annual Amount: 8068.81
  • Tax Book Number: 3-18
  • Tax Lot: 502E

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean, Lake
  • Approval Process: Please refer to application

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Oct 6, 2023
Sold by
Siegfried Elizabeth Hathaway
Bought by
Arnold Craig E
Seller's Agent
Jackie Eberley
COLDWELL BANKER REALTY
Buyer's Agent
Candy Swick
CANDY SWICK & COMPANY
List Price
$1,899,000
Sold Price
$1,600,000
Premium/Discount to List
-$299,000
-15.75%
Views
91
Current Estimated Value
$1,555,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,308
Avg. Annual Appreciation
-4.18%

Purchase Details

Closed on
Jan 7, 2021
Sold by
Grant James and Siegfried Elizabeth Hathaway
Bought by
Siegfried Elizabeth Hathaway

Purchase Details

Listed on
Feb 2, 2011
Closed on
Apr 30, 2012
Sold by
Kosturik Thomas and Kosturik Rosemary Ann
Bought by
Hathaway Grant James and Hathaway Siegfried Elizabeth
Seller's Agent
Roberta&Carolyn Tengerdy & Collins
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
JON PARTRIDGE
LIMBO COMPANY SARASOTA ASSOC
List Price
$511,000
Sold Price
$511,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
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
Arnold Craig E $1,600,000 None Listed On Document
Siegfried Elizabeth Hathaway -- Accommodation
Hathaway Grant James $511,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Savage Thomas J $938,250
Previous Owner Kosturik Thomas M $504,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $1,600,000 -5.8% $853 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
03/22/2023 03/22/23 Price Changed $1,699,000 -1.5% $906 / Sq Ft
03/06/2023 03/06/23 Price Changed $1,725,000 -4.2% $920 / Sq Ft
02/07/2023 02/07/23 Price Changed $1,800,000 -5.2% $959 / Sq Ft
01/04/2023 01/04/23 Price Changed $1,899,000 0.0% $1,012 / Sq Ft
01/04/2023 01/04/23 For Sale $1,899,000 +18.7% $1,012 / Sq Ft
06/21/2022 06/21/22 Off Market $1,600,000 -- --
05/17/2022 05/17/22 Price Changed $1,999,000 -9.1% $1,066 / Sq Ft
04/29/2022 04/29/22 For Sale $2,199,000 +330.3% $1,172 / Sq Ft
04/30/2012 04/30/12 Sold $511,000 0.0% $272 / Sq Ft
04/11/2012 04/11/12 Pending -- -- --
02/02/2011 02/02/11 For Sale $511,000 -- $272 / 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 $11,858 $1,311,800 -- $1,311,800
2023 $11,858 $1,169,600 $0 $1,169,600
2022 $10,376 $979,200 $0 $979,200
2021 $8,069 $622,300 $0 $622,300
2020 $7,933 $598,800 $0 $598,800
2019 $7,250 $548,500 $0 $548,500
2018 $8,015 $610,500 $0 $610,500
2017 $7,924 $592,700 $0 $592,700
2016 $7,473 $545,400 $0 $545,400
2015 $7,429 $537,400 $0 $537,400
2014 $6,657 $471,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4533408

Stellar MLS

APN: 0080-08-1051