NOT LISTED FOR SALE

2630 Coconut Bay Ln Unit 1A Sarasota, FL 34237

Downtown Sarasota Neighborhood

Estimated Value: $157,000 - $171,000

2 Beds
2 Baths
866 Sq Ft
$363/mo HOA Fee

Last Sold July 01, 2024

Last sale price $179,900 $208 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,428/month

64 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Clubhouse
  • Booker High School Rated A-
  • 9.63 Acre Lot
  • 3-minute walk to Tuttle Walkway Park

About This Home

As of July 2024

Nice and spacious 2 bedroom, 2 bath condo with over 850 sq. ft. of living space. Granite countertops, stainless steel appliances, ceiling fans, solid wood cabinets, and walk-in closets, this unit will satisfy the most distinguish taste. You will adore the ceramic tile flooring in the main living areas and the laminate flooring in both bedrooms. This unit is located on the first. You can relax on your private screened balcony and soaking up the Florida sunshine, or spend time in the community pool, just around the corner. Appliances include a refrigerator, range, dishwasher and microwave. Two small pets considered, max weight 45 lbs, no dangerous breeds, only one dog permitted. The Palms is a 248 unit luxury gated Condominium complex with seven 3 story buildings located near the intersection of Tuttle and Fruitville Roads in Sarasota, Florida. This community is conveniently situated next to Ed Smith Stadium and just minutes from Downtown Sarasota and the wonderful beaches of Sarasota. The beautiful mature landscaping and a large pond are the beauty of this community. Also great amenities such as tennis courts, sand volleyball, junior Olympic-size pool, fitness center, billiards room, and a 25 seat theater room and a spacious clubhouse. Great starter home or incredible investment opportunity, this condo has it all. Call and schedule your showing today!

Last Agent to Sell the Property

Ruediger Weiss

CHARITY & WEISS INTERNATIONAL LLC Brokerage Phone: 941-365-0022 License #3160365 Listed on: 02/21/2024

Last Buyer's Agent

Bruce Thompson

CONCORDIA REALTY LLC License #3265178

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,980

Year Built

  • Built in 1974

Lot Details

  • 9.63

HOA Fees

  • $363 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Cement Siding

Interior Spaces

  • 866 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Additional Features

  • Balcony
  • East Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, internet, recreational facilities
  • Sarasota Palms Condo Association, Phone Number (941) 366-5541
  • Sarasota Palms Community
  • Sarasota Palms Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • 2 Pets Allowed
  • Dogs and Cats Allowed
  • Breed Restrictions

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,980

Year Built

Built in 1974

Lot Details

0

HOA Fees

$363 per month

Listing Details

  • HOA Fee Includes: Pool, Internet, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Cement Siding
  • Fireplace: No
  • Living Area: 866
  • Lot Size Acres: 9.63
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 929
  • Lot Size Sq Ft: 419344
  • Directions to Property: From Fruitville Rd, turn north on Tuttle Ave, turn left on Coconut Bay Ln.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 1047240
  • Minimum Lease: 8-12 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 207.74
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-365-0022
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Walk-In Closet(s)
  • Appliances Included: Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 3
  • Street Number Modifier: 2630
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 80.45
  • Room Count: 4

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony
  • Roof: Built-Up
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0132F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Fitness Center, Gated Community - No Guard, Playground, Pool, Tennis Courts
  • Association Fee Frequency: Annually
  • Association Name: Sarasota Palms Condo Association
  • Phone: 941-366-5541
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: see Association rules and regulations
  • Association Fee Requirement: Required
  • Building Name Number: PALMS
  • Condo Fees: 363
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: office@sarasotapalms.com
  • Monthly Condo Fee Amount: 363

Fee Information

  • Total Annual Fees: 4356.00
  • Total Monthly Fees: 363.00

Lot Info

  • Zoning: RMF5
  • Parcel Number: 2028011185
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 38958

Rental Info

  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: see Association rules
  • Month To Month Or Weekly YN: 0

Tax Info

  • Tax Annual Amount: 1980
  • Tax Book Number: 37-26
  • Tax Lot: 0

Multi Family

  • Approval Process: see Association rules

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Jun 28, 2024
Sold by
Mueller Tobias and Mueller Maria
Bought by
Alba Palms Llc
Seller's Agent
Ruediger Weiss
CHARITY & WEISS INTERNATIONAL LLC
Buyer's Agent
Bruce Thompson
CONCORDIA REALTY LLC
List Price
$185,000
Sold Price
$179,900
Premium/Discount to List
-$5,100
-2.76%
Views
166
Current Estimated Value
$165,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,385
Avg. Annual Appreciation
-7.31%

Purchase Details

Closed on
Oct 20, 2014
Sold by
Kimmerle Hermann
Bought by
Mueller Tobias and Mueller Maria

Purchase Details

Closed on
Sep 2, 2010
Sold by
Iberiabank
Bought by
Kimmerle Hermann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 19, 2010
Sold by
Rahall Kevin
Bought by
Iberiabank

Purchase Details

Closed on
Dec 8, 2006
Sold by
Sarasota Palms Llc
Bought by
Rahall Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
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
Alba Palms Llc $179,900 Florida Abstract & Security Ti
Mueller Tobias $88,500 Attorney
Kimmerle Hermann $54,000 Attorney
Iberiabank $20,001 None Available
Rahall Kevin $175,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kimmerle Hermann $40,000
Previous Owner Rahall Kevin $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $179,900 0.0% $208 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
04/24/2024 04/24/24 Price Changed $179,900 -2.8% $208 / Sq Ft
04/01/2024 04/01/24 For Sale $185,000 0.0% $214 / Sq Ft
03/02/2024 03/02/24 Pending -- -- --
03/02/2024 03/02/24 Price Changed $185,000 -5.6% $214 / Sq Ft
02/21/2024 02/21/24 For Sale $196,000 -- $226 / 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 $1,980 $121,787 -- --
2023 $1,980 $132,700 $0 $132,700
2022 $1,841 $124,400 $0 $124,400
2021 $1,591 $91,500 $0 $91,500
2020 $1,606 $90,200 $0 $90,200
2019 $1,577 $88,700 $0 $88,700
2018 $1,631 $91,900 $0 $91,900
2017 $1,523 $83,732 $0 $0
2016 $1,516 $82,400 $0 $82,400
2015 $1,382 $69,200 $0 $69,200
2014 $1,102 $40,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4599364

Stellar MLS

APN: 2028-01-1185