NOT LISTED FOR SALE

2650 Coconut Bay Ln Unit 3F Sarasota, FL 34237

Downtown Sarasota Neighborhood

Estimated Value: $158,926 - $184,000

2 Beds
2 Baths
866 Sq Ft
$362/mo HOA Fee

Last Sold February 21, 2023

Last sale price $140,000 $162 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,434/month

122 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Sauna
  • Booker High School Rated A-
  • Clubhouse
  • 2-minute walk to Tuttle Walkway Park

About This Home

As of February 2023

Welcome home! This pristine 2-bedroom, 2-bathroom immaculate condo is a paradigm of Florida living! Beyond a functional entryway space the home flows into a luminous, open- concept living, dining, and kitchen area. The kitchen boasts stainless steel appliances, upgraded granite countertops and abundance of cabinetry to maximize organization! The Master bedroom sits just off the living area and has a large walk-in closet. The spacious second bedroom offers your guests the upmost privacy and comfort. Sarasota Palms, a luxury gated community located in the heart of Sarasota, offers fabulous amenities such as: state of the art fitness center, large swimming pool, updated clubhouse, dog run, theater and peaceful picnic area for residents and guests to enjoy. You are just minutes away from the area’s most coveted Gulf beaches, restaurants, shops, and hotels. This home is ready to be enjoyed or utilized as an amazing investment opportunity!

Last Agent to Sell the Property

Adnan Dedic

COMPASS FLORIDA LLC License #3359117 Listed on: 10/05/2022

COMPASS FLORIDA LLC

Last Buyer's Agent

Bruce Thompson

CONCORDIA REALTY LLC License #3265178

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,469

Year Built

  • Built in 1974

Lot Details

  • South Facing Home
  • Dog Run
  • Irrigation
  • Land Lease expires 4/30/23

HOA Fees

  • $362 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 866 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Washer and Dryer

Schools

  • Tuttle Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, insurance, internet, maintenance structure, ground maintenance, manager, pest control
  • Sarasota Palms Condominium Association, Phone Number (941) 366-5561
  • Visit Association Website
  • Sarasota Palms Community
  • Sarasota Palms Subdivision
  • Rental Restrictions

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

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

Pet Policy

  • Pets up to 45 lbs
  • Pet Size Limit
  • 2 Pets Allowed
  • Breed Restrictions

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,469

Year Built

Built in 1974

Lot Details

0

HOA Fees

$362 per month

Listing Details

  • HOA Fee Includes: Community Pool, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 866
  • New Construction: No
  • Year Built: 1974
  • Accessibility Features: Accessible Washer/Dryer
  • Building Area Total: 929
  • Directions to Property: Fruitville to North on Tuttle. At 8th Avenue light, turn left then right into complex. Gated Access Required
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4549093?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4549093?w=Customer
  • Floor Number: 3
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.71795
  • Price per Sq Ft: 161.66
  • Close to Original List Price Ratio: 0.7
  • Ratio: Current Price\Building Area Total: 150.7
  • View: No
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 3
  • Street Number Modifier: 2650
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Pool Features: Other
  • Exterior Features: Dog Run, Irrigation System, Sliding Doors, Tennis Court(s)
  • Roof: Built-Up
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0134F

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Open
  • Open Parking: Yes

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fitness, Gated Community, Playground, Pool, Tennis Courts
  • Association Amenities: Clubhouse, Gated, Laundry, Other, Playground, Pool, Recreation Facilities, Sauna, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association Name: Sarasota Palms Condominium Association
  • Phone: 941-366-5561
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 362
  • Condo Fees Term: Monthly
  • Association Website: www.sarasotapalms.com
  • Association Email: office@sarasotapalms.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 362
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 4344
  • Total Monthly Fees: 362

Schools

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

Lot Info

  • Zoning: RMF5
  • Parcel Number: 2028011184
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • Land Lease Expiration Date: 2023-04-30
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Breed Restrictions, Number Limit, Size Limit, Yes
  • Pet Size: Medium (36-60 Lbs.)
  • Max Pet Weight: 45
  • Minimum Lease: 3 Months
  • Approval Process: APPLY ONLINE HERE: https://sarasotapalms.com/application-for-purchase-or-lease/ Application fee $150 per adult. 30 day waiting period.
  • Num Timesper Year: 3
  • Pet Restrictions: Dogs and cats allowed. No dangerous breeds. Only one dog per unit. Dogs must be visually inspected and approved by a board member.
  • Lease Restrictions Y N: Yes
  • Currency Monthly Rent Amt: 1550
  • Month To Month Or Weekly Y N: No
  • Additional Lease Restrictions: Club House Pass Card $25.00. Gate Access Sticker $15.00. New P.O. Box Lock and Key $25.00

Tax Info

  • Tax Annual Amount: 1469
  • Tax Lot: 5311

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Feb 17, 2023
Sold by
Fritzler Brooke Marie
Bought by
Alba Palms Llc
Seller's Agent
Adnan Dedic
COMPASS FLORIDA LLC
Buyer's Agent
Bruce Thompson
CONCORDIA REALTY LLC
List Price
$200,000
Sold Price
$140,000
Premium/Discount to List
-$60,000
-30%
Views
142
Current Estimated Value
$166,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,732
Avg. Annual Appreciation
6.66%

Purchase Details

Closed on
Aug 25, 2022
Sold by
Brooke Marie Davis Trust
Bought by
Fritzler Brooke Marie

Purchase Details

Closed on
Sep 26, 2016
Sold by
Schneider David P
Bought by
Brooke Marie Davis Trust and Schneider David P

Purchase Details

Closed on
Sep 1, 2016
Bought by
Brooke Marie Davis Trust

Purchase Details

Closed on
Jul 7, 2006
Sold by
Sarasota Palms Llc
Bought by
Davis Edward
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
Alba Palms Llc $500,000 --
Fritzler Brooke Marie $100 Cottingham Joseph
Brooke Marie Davis Trust -- None Available
Brooke Marie Davis Trust $100 --
Davis Edward $188,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Edward J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2023 02/21/23 Sold $140,000 -28.2% $162 / Sq Ft
02/05/2023 02/05/23 Pending -- -- --
12/09/2022 12/09/22 Price Changed $195,000 -2.5% $225 / Sq Ft
10/05/2022 10/05/22 For Sale $200,000 -- $231 / 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 $1,997 $129,800 -- $129,800
2023 $1,997 $121,100 $0 $121,100
2022 $1,698 $113,400 $0 $113,400
2021 $1,469 $83,600 $0 $83,600
2020 $1,477 $82,100 $0 $82,100
2019 $1,443 $80,300 $0 $80,300
2018 $1,470 $81,800 $0 $81,800
2017 $1,388 $75,900 $0 $75,900
2016 $1,382 $74,000 $0 $74,000
2015 $1,260 $61,900 $0 $61,900
2014 $1,249 $40,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adnan Dedic

    Seller's Agent in 2023

    Adnan Dedic

    COMPASS FLORIDA LLC

    (239) 472-2411

    9 in this area

    69 Total Sales

    Adnan Dedic
    Section Image
  • Bruce Thompson

    Buyer's Agent in 2023

    Bruce Thompson

    CONCORDIA REALTY LLC

    (850) 573-2063

    21 in this area

    131 Total Sales

    Bruce Thompson
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4549093

Stellar MLS

APN: 2028-01-1184

Florida Sarasota County Sarasota 34237 Downtown Sarasota

2650 Coconut Bay Ln Unit 3F, Sarasota, FL

This home is located at 2650 Coconut Bay Ln Unit 3F, Sarasota, FL 34237 since 05 October 2022 and is currently estimated at $166,732, approximately $192 per square foot. This property was built in 1974. 2650 Coconut Bay Ln Unit 3F is a home located in Sarasota County with nearby schools including Tuttle Elementary School, Booker Middle School, and Booker High School.

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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