NOT LISTED FOR SALE

263 Island Cir Sarasota, FL 34242

Estimated Value: $1,471,000 - $2,226,000

3 Beds
3 Baths
2,994 Sq Ft
$599/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $815,000 $272 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $11,017/month

388 Days on Market

Highlights

  • 247 Feet of Waterfront
  • In Ground Pool
  • Lagoon View
  • Phillippi Shores Elementary School Rated A
  • Home fronts a lagoon or estuary
  • 0.82 Acre Lot

About This Home

As of April 2019

Rare opportunity to acquire close to an acre of land on Siesta Key, with tranquil lagoon views and privacy from tropical vegetation! Located on Palm Island, the “Island on the Island!” The one-of-a-kind neighborhood features large residences and yards, quiet streets, and lush landscaping. Access the neighborhood by bridge, walk to the beach, and be in close proximity to the village- the island lifestyle awaits. This property would be the perfect location for your grand estate, or is buildable as up to two lots. The current property has a newer roof, pex plumbing throughout, underground drains have been replaced on one side of the home, new duct work with blown in insulation, and has been painted inside and out. Additional information regarding development options are available.

Last Agent to Sell the Property

Christina Gaskill

COLDWELL BANKER REALTY License #3346574 Listed on: 02/06/2018

COLDWELL BANKER REALTY

Last Buyer's Agent

Steve Cavanaugh

TIDELINE REAL ESTATE BROKERS License #0690127

TIDELINE REAL ESTATE BROKERS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,260

Year Built

  • Built in 1953

Lot Details

  • 0.82 Acre Lot
  • Home fronts a lagoon or estuary
  • 247 Feet of Waterfront
  • Mature Landscaping
  • Irrigation
  • Fruit Trees
  • Property is zoned RSF2

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,994 Sq Ft Home
  • Blinds
  • Lagoon Views
  • Attic

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Terrazzo
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Seawall
  • Deck
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Well
  • Fiber Optics Available
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Sarasota Beach Community
  • Sarasota Beach Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,260

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2994
  • Lot Size Acres: 0.82
  • New Construction: No
  • Year Built: 1953
  • Building Area Total: 4138
  • Lot Size Sq Ft: 35777
  • Directions to Property: Ocean Blvd to Siesta Village, left on Canal Rd. Left on Calle Florida over humpback bridge. Left on Island Circle to 263 Island Cir.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4209276&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4209276&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.93143
  • Price per Sq Ft: 272.21
  • Close to Original List Price Ratio: 0.67917
  • Ratio: Current Price\Building Area Total: 196.96
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Terrazzo
  • Full Bathrooms: 3
  • Interior Amenities: Attic
  • Appliances Included: Dishwasher, Disposal
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 263
  • Room Count: 3
  • Additional Rooms: Attic
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Gunite, In Ground
  • Exterior Features: Irrigation System
  • Roof: Shingle
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Water View: Lagoon
  • Water Extras: Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0143F
  • Waterfront Frontage: 247
  • Water Frontage Feet Lagoon: 247
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Cable Connected, Fiber Optics, Public
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0082050007
  • Additional Parcels: No
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Sarasota County restrcitions

Tax Info

  • Tax Annual Amount: 9260
  • Tax Block: 1
  • Tax Book Number: 1-76
  • Tax Lot: 10

Multi Family

  • Waterfront Features: Lagoon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2018
Closed on
Apr 26, 2019
Sold by
Gaskill Jason T and Gaskill Christina
Bought by
Maple Corey and Maple Katherine
Seller's Agent
Christina Gaskill
COLDWELL BANKER REALTY
Buyer's Agent
Steve Cavanaugh
TIDELINE REAL ESTATE BROKERS
List Price
$1,200,000
Sold Price
$815,000
Premium/Discount to List
-$385,000
-32.08%
Current Estimated Value
$1,794,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$979,881
Avg. Annual Appreciation
13.00%

Purchase Details

Listed on
Jul 5, 2012
Closed on
Jun 18, 2013
Sold by
Dillon Blanche W and Dillon Blanch
Bought by
Gaskill Jason T and Gaskill Christina
Seller's Agent
Dan Miller
PREFERRED SHORE LLC
Buyer's Agent
Patrick Dipinto, III
COLDWELL BANKER REALTY
List Price
$799,900
Sold Price
$705,000
Premium/Discount to List
-$94,900
-11.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.51%
Original Mortgage
$564,000
Interest Rate
3.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Maple Corey $815,000 Attorney
Gaskill Jason T $705,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gaskill Jason T $564,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2019 04/26/19 Sold $815,000 -6.9% $272 / Sq Ft
03/02/2019 03/02/19 Pending -- -- --
11/25/2018 11/25/18 Price Changed $875,000 -5.4% $292 / Sq Ft
08/27/2018 08/27/18 Price Changed $925,000 -5.1% $309 / Sq Ft
07/23/2018 07/23/18 Price Changed $975,000 -7.1% $326 / Sq Ft
05/02/2018 05/02/18 Price Changed $1,049,000 -12.6% $350 / Sq Ft
02/06/2018 02/06/18 For Sale $1,200,000 +70.2% $401 / Sq Ft
06/18/2013 06/18/13 Sold $705,000 -11.9% $235 / Sq Ft View Prior Sale
04/05/2013 04/05/13 Pending -- -- --
07/05/2012 07/05/12 For Sale $799,900 -- $267 / 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 $18,016 $1,272,250 -- --
2023 $18,016 $1,771,800 $1,217,300 $554,500
2022 $15,611 $1,457,600 $1,027,700 $429,900
2021 $12,745 $1,024,900 $703,400 $321,500
2020 $9,850 $740,600 $557,400 $183,200
2019 $8,215 $650,500 $465,900 $184,600
2018 $9,295 $737,944 $0 $0
2017 $9,260 $722,766 $0 $0
2016 $9,241 $912,900 $691,800 $221,100
2015 $9,415 $734,200 $533,000 $201,200
2014 $9,384 $471,983 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4209276

Stellar MLS

APN: 0082-05-0007