NOT LISTED FOR SALE

225 John Ringling Blvd Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $4,310,000 - $6,765,000

4 Beds
3 Baths
2,713 Sq Ft
$2,056/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $1,525,000 $562 Per Sq Ft

Est. 280% increase in value since last sale

Current estimated payment $37,145/month

285 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Dock made with wood
  • Screened Pool
  • Southside Elementary School Rated A
  • Property is near a marina
  • 3-minute walk to Circle Park

About This Home

As of September 2020

Location, Location, Location! REDUCED $100,000. Charming 4 Bed/3 Bath waterfront residence on oversized homesite just steps to Lido Beach & St. Armands Circle with shopping and dining. This charming Mid-Century Modern home was designed by the Sarasota School of Architecture. Located on a desirable oversized corner lot with dock. Dining and living space with volume ceilings adorned with exposed beam work, floor to ceiling walls of glass and pristine terrazzo flooring throughout the main living and most bedrooms. Sunlit Florida room made of mostly glass overlooking the waterway to enjoy your morning coffee and tropical surrounds. Spacious kitchen overlooking main living area with newer stainless steel appliances. Laundry room located off kitchen. Spacious master bedroom is bright with bay windows overlooking the waterway. His and hers walk-in closet with built-ins and additional dressing/vanity area. Create memories with family and friends while enjoying your pool, spa and entertainment deck. Nearly maintenance free yard. Oversized two car garage. For Investors: Great rental opportunity for the person not ready to enjoy year round just yet, 1 week minimum! Home Grossed $80,000. Just minutes from the excitement of downtown Sarasota where you can experience the cultural venues such as the opera, theater, ballet, museums, shopping, world class dining, drinks, farmers markets and events. Come live the island lifestyle you’ve always dreamed of! Please refer to MLS# A4445205 for vacant land information.

Last Agent to Sell the Property

Judy Kepecz-Hays

COLDWELL BANKER REALTY License #0318608 Listed on: 09/04/2019

COLDWELL BANKER REALTY

Last Buyer's Agent

Judy Kepecz-Hays

COLDWELL BANKER REALTY License #0318608 Listed on: 09/04/2019

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,017

Year Built

  • Built in 1958

Lot Details

  • 0.39 Acre Lot
  • 100 Feet of Waterfront
  • Property fronts a saltwater canal
  • Southwest Facing Home
  • Mature Landscaping
  • Corner Lot
  • Oversized Lot
  • Landscaped with Trees
  • Additional Parcels
  • Land Lease expires 4/11/20
  • Property is zoned RSF1

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Oversized Parking
  • Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • Woods
  • Canal
  • Pool

Home Design

  • Custom Home
  • Slab Foundation
  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 2,713 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Bonus Room
  • Sun or Florida Room
  • Inside Utility
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Porcelain Tile
  • Terrazzo

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Fence Around Pool
  • Outdoor Shower

Outdoor Features

  • Fixed Bridges
  • Property is near a marina
  • Access to Saltwater Canal
  • Dock made with wood
  • Enclosed patio or porch
  • Outdoor Storage

Location

  • Flood Zone Lot
  • Property is near public transit
  • Property is near a golf course
  • City Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • St Armands Division Community
  • Lido Beach Div A Subdivision
  • Rental Restrictions

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,017

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 2713
  • Lot Size Acres: 0.39
  • New Construction: No
  • Year Built: 1958
  • Building Area Total: 3472
  • Lot Size Sq Ft: 16910
  • Directions to Property: From St. Armands Circle take exit John Ringling Blvd. The house is the first on your right on the corner of John Ringling Blvd and N Polk Drive.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4443640?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4443640?w=Customer
  • Homestead Y N: No
  • Number Of Pets: 10+
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Corner Unit
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.89971
  • Price per Sq Ft: 562.11
  • Close to Original List Price Ratio: 0.84958
  • Ratio: Current Price\Building Area Total: 439.23
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Porcelain Tile, Terrazzo
  • Full Bathrooms: 3
  • Interior Amenities: Built in Features, Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Dryer, Exhaust Fan, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 225
  • Room Count: 9
  • Additional Rooms: Bonus Room, Florida Room, Great Room, Inside Utility
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Heated, In Ground, Screen Enclosure
  • Exterior Features: Outdoor Shower, Sliding Doors, Storage
  • Roof: Other
  • Pool Private: Yes
  • View: Pool, Trees/Woods, Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Front Porch, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Canal - Saltwater
  • Water Extras: Bridges - Fixed, Dock - Wood
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0129F
  • Waterfront Frontage: 100
  • Water Frontage Feet Canal Salt: 100
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Guest, Oversized, Parking Pad
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Available, Sewer Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2015160003
  • Additional Parcels: Yes
  • Lot Features: Corner Lot, FloodZone, City Lot, In County, Near Golf Course, Near Marina, Near Public Transit, Oversized Lot, Sidewalk
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • Land Lease Expiration Date: 2020-04-11
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 150
  • Minimum Lease: 1 Week
  • Approval Process: Property can be leased, please confirm with the City of Sarasota.
  • Num Timesper Year: 52
  • Pet Restrictions: Pets allowed without restrictions.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Property can be leased, please confirm with the City of Sarasota.

Tax Info

  • Tax Annual Amount: 18016.71
  • Tax Block: 9
  • Tax Book Number: 2-178
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2019
Closed on
Sep 15, 2020
Sold by
Lidoray2 Llc
Bought by
225 Ringling Llc
Seller's Agent
Judy Kepecz-Hays
COLDWELL BANKER REALTY
Buyer's Agent
Judy Kepecz-Hays
COLDWELL BANKER REALTY
List Price
$1,795,000
Sold Price
$1,525,000
Premium/Discount to List
-$270,000
-15.04%
Current Estimated Value
$5,802,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,277,488
Avg. Annual Appreciation
36.24%
Original Mortgage
$2,290,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 13, 2014
Closed on
Oct 10, 2014
Sold by
Gray Bette S
Bought by
Lidoray2 Llc
Seller's Agent
Jo Rutstein
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Doug Parks
MICHAEL SAUNDERS & COMPANY
List Price
$1,299,000
Sold Price
$1,150,000
Premium/Discount to List
-$149,000
-11.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%

Purchase Details

Closed on
Apr 2, 2005
Sold by
Simon Harold S and Simon Ruth W
Bought by
Simon Harold S and Harold S Simon Trust
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
225 Ringling Llc $1,525,000 Attorney
Lidoray2 Llc $1,150,000 Attorney
Simon Harold S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 225 Ringling Llc $2,811,000
Closed 225 Ringling Llc $2,290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $1,525,000 -10.0% $562 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
02/09/2020 02/09/20 Price Changed $1,695,000 -5.6% $625 / Sq Ft
09/04/2019 09/04/19 For Sale $1,795,000 +56.1% $662 / Sq Ft
08/17/2018 08/17/18 Off Market $1,150,000 -- --
10/16/2014 10/16/14 Sold $1,150,000 -11.5% $424 / Sq Ft
09/22/2014 09/22/14 For Sale $1,299,000 0.0% $479 / Sq Ft
09/17/2014 09/17/14 Pending -- -- --
08/13/2014 08/13/14 For Sale $1,299,000 -- $479 / 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 $64,503 $4,451,849 -- --
2023 $64,503 $4,696,000 $2,000,500 $2,695,500
2022 $21,516 $1,687,800 $1,655,200 $32,600
2021 $17,715 $1,136,500 $1,123,400 $13,100
2020 $19,910 $1,233,200 $1,073,700 $159,500
2019 $18,017 $1,110,600 $936,800 $173,800
2018 $19,119 $1,176,300 $981,900 $194,400
2017 $18,401 $1,120,300 $945,400 $174,900
2016 $18,678 $1,117,000 $936,100 $180,900
2015 $17,514 $1,022,700 $865,500 $157,200
2014 $7,248 $439,212 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Judy Kepecz-Hays

    Seller's Agent in 2020

    Judy Kepecz-Hays

    COLDWELL BANKER REALTY

    (941) 587-1700

    28 in this area

    175 Total Sales

    Section Image
  • Jo Rutstein

    Seller's Agent in 2014

    Jo Rutstein

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 587-9156

    2 in this area

    57 Total Sales

    Section Image
  • Doug Parks

    Buyer's Agent in 2014

    Doug Parks

    Michael Saunders

    (941) 400-9087

    22 in this area

    69 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: A4443640

Stellar MLS

APN: 2015-16-0003

Florida Sarasota County Sarasota 34236 Lido Key

225 John Ringling Blvd, Sarasota, FL

This home is located at 225 John Ringling Blvd, Sarasota, FL 34236 since 04 September 2019 and is currently estimated at $5,578,573, approximately $2,056 per square foot. This property was built in 1958. 225 John Ringling Blvd is a home located in Sarasota County with nearby schools including Southside Elementary School, Booker Middle School, and Sarasota School of Arts & Sciences.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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