NOT LISTED FOR SALE

246 Morningside Dr Sarasota, FL 34236

Estimated Value: $5,696,000 - $7,753,000

4 Beds
5.5 Baths
4,958 Sq Ft
$1,342/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $3,950,000 $797 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $41,051/month

204 Days on Market

Highlights

  • 98 Feet of Waterfront
  • White Water Ocean Views
  • Private Beach
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean To Bay
  • Boat Lift

About This Home

As of February 2020

A Guy Peterson masterpiece in Lido Shores - Sarasota’s ultimate neighborhood with private deeded beach access. Experience the unfolding of unique modern architecture, waterfront vistas, and natural Florida sunlight. Peterson unites indoor and outdoor spaces effortlessly with cypress wood roof elements. The front elevation is mostly opaque with few windows and openings. Entering the formal living room, the opacity yields to dramatic 18 ft. windows and views of Pansy Bayou from every vantage point. Fireplace and maple cabinets divide the grand living room from the kitchen. The kitchen shines with granite countertops, Viking cooktop, a Sub-Zero fridge and custom maple cabinetry. Take elevator to the office with access to all three terrace levels and stunning rooftop views of Sarasota Bay, Downtown, and the Ringling Causeway. Inside a floating bridge takes you to the three bedrooms which can be easily converted to four via sliding wall. The master bedroom suite boasts a tranquil view of the pool terrace and bayou. The outside is finished with lap pool, spa, outdoor grill pavilion, expansive deck, and boat slip. Indulge in the beauty and real sense of community Lido Shores has to offer with close proximity to the vibrant arts and amenities of downtown, boutique shopping and dining on St. Armands, private deeded access to Lido Beach just steps from your front door, and minutes away from Sarasota International Airport.

Last Agent to Sell the Property

Lisa Rooks Morris

DOUGLAS ELLIMAN License #3042565 Listed on: 07/17/2019

DOUGLAS ELLIMAN

Last Buyer's Agent

Brian Corcoran

THE BRC GROUP, LLC License #3092529

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,297

Year Built

  • Built in 2005 | Newly Remodeled

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 98x178
  • 98 Feet of Waterfront
  • Property fronts a bayou
  • Private Beach
  • North Facing Home
  • Well Sprinkler System
  • Landscaped with Trees
  • Property is zoned RSF2

HOA Fees

  • $17 Monthly HOA Fees

Parking

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

Property Views

  • White Water Ocean
  • Partial Bay or Harbor
  • Bayou
  • City

Home Design

  • Custom Home
  • Contemporary Architecture
  • Tri-Level Property
  • Slab Foundation
  • Built-Up Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,958 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Free Standing Fireplace
  • Non-Wood Burning Fireplace
  • Gas Fireplace
  • Low Emissivity Windows
  • Shades
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Loft
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Indoor Grill
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Outdoor Shower
  • Outside Bathroom Access
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Access To Bayou
  • Dock has access to water
  • Seawall
  • Boat Lift
  • Dock made with Composite Material
  • Balcony
  • Deck
  • Patio
  • Outdoor Kitchen
  • Exterior Lighting
  • Gazebo
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Property is near public transit
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Natural Gas Connected
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Lido C Community
  • Lido C Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,297

Year Built

Built in 2005 | Newly Remodeled

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • HOA Fee Includes: Other
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Custom
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: Yes
  • Living Area: 4958
  • Lot Size Acres: 0.38
  • New Construction: Yes
  • Year Built: 2005
  • Building Area Total: 5927
  • Lot Size Sq Ft: 16612
  • Directions to Property: Heading North on John Ringling Parkway from St. Armands Circle, turn left on Morningside Drive. House will be on left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4441172?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4441172?w=Customer
  • Homestead Y N: Yes
  • Number Of Pets: 10+
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.83158
  • Price per Sq Ft: 796.69
  • Close to Original List Price Ratio: 0.83158
  • Ratio: Current Price\Building Area Total: 666.44
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Appraiser
  • Tax Year: 2018
  • Special Features: 4098

Interior Features

  • Fireplace Features: Free Standing, Gas, Family Room, Living Room, Non Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Marble, Hardwood
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Eating Space In Kitchen, Elevator, High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Skylight(s), Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Indoor Grill, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Window Features: Low Emissivity Windows, Shades
  • Street Number Modifier: 246
  • Room Count: 12
  • Additional Rooms: Den/Library/Office, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Loft
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Direction Faces: North
  • Other Structures: Gazebo, Outdoor Kitchen
  • Pool Features: Gunite, Heated, In Ground, Lighting, Outside Bath Access
  • Exterior Features: Balcony, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Sidewalk, Sliding Doors
  • Roof: Built-Up
  • Pool Private: Yes
  • View: City, Water
  • Water Body Name: Pansy Bayou
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Bayou, Gulf/Ocean - Partial
  • Water Access: Bay/Harbor, Bayou, Beach - Private, Gulf/Ocean to Bay
  • Water Extras: Dock - Composite, Dock w/Electric, Dock w/Water Supply, Lift, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0129F
  • Waterfront Frontage: 98
  • Water Frontage Feet Bayou: 98
  • Disclosures: Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Sprinkler Well, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Closet, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Waterfront
  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Amenities Additional Fees: Access to private beach.
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 200
  • Monthly HOA Fee: 16.67
  • Total Monthly Fees: 16.67

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0013100048
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone, City Lot, Near Public Transit
  • Lot Dimensions: 98x178
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 28297
  • Tax Block: E
  • Tax Book Number: 5-3
  • Tax Lot: 6

Multi Family

  • Waterfront Features: Bayou

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2019
Closed on
Feb 21, 2020
Sold by
Rooks W Howard
Bought by
Kling Sara B and Kling William
Seller's Agent
Lisa Rooks Morris
DOUGLAS ELLIMAN
Buyer's Agent
Brian Corcoran
THE BRC GROUP, LLC
List Price
$4,750,000
Sold Price
$3,950,000
Premium/Discount to List
-$800,000
-16.84%
Current Estimated Value
$6,988,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,038,217
Avg. Annual Appreciation
12.18%

Purchase Details

Closed on
Jan 31, 2005
Sold by
C & R Llc
Bought by
Rooks W Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2002
Sold by
Hyde Brian R and Fiorello Joseph Robert
Bought by
C & R L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$845,000
Interest Rate
6.86%
Source: Public Records

Range of Values:

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List Price
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
Kling Sara B $3,950,000 Attorney
Rooks W Howard $2,000,000 --
C & R L L C $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kling Sarah B $750,000
Previous Owner Rooks W Howard $55,000
Previous Owner Rooks W Howard $280,000
Previous Owner Rooks W Howard $375,000
Previous Owner Rooks William Howard $250,000
Previous Owner Rooks W Howard $2,782,500
Previous Owner Rooks W Howard $1,500,000
Previous Owner C & R L L C $845,000
Previous Owner Fiorello Joseph R $350,000
Closed Rooks W Howard $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2020 02/21/20 Sold $3,950,000 0.0% $797 / Sq Ft
02/06/2020 02/06/20 Pending -- -- --
12/17/2019 12/17/19 Off Market $3,950,000 -- --
12/06/2019 12/06/19 For Sale $4,750,000 0.0% $958 / Sq Ft
11/29/2019 11/29/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $4,750,000 -- $958 / 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 $47,366 $4,788,549 -- --
2023 $47,366 $3,203,834 $0 $0
2022 $45,109 $3,027,048 $0 $0
2021 $41,886 $2,706,500 $1,547,600 $1,158,900
2020 $42,244 $2,619,600 $1,258,900 $1,360,700
2019 $28,790 $1,818,450 $0 $0
2018 $28,297 $1,781,976 $0 $0
2017 $27,982 $1,745,324 $0 $0
2016 $27,937 $2,078,000 $1,106,900 $971,100
2015 $28,364 $1,905,600 $1,077,400 $828,200
2014 $28,346 $1,659,182 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4441172

Stellar MLS

APN: 0013-10-0048