NOT LISTED FOR SALE

Estimated Value: $687,000 - $797,986

3 Beds
2 Baths
1,981 Sq Ft
$382/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $755,000 $381 Per Sq Ft

Current estimated payment $4,712/month

1 Day on Market

Highlights

  • Solar Heated In Ground Pool
  • Midcentury Modern Architecture
  • High Ceiling
  • Southside Elementary School Rated A
  • Wood Flooring
  • Stone Countertops

About This Home

As of November 2021

Don’t miss the unique opportunity to own this 3 bedroom/2 bath mid-century modern home with almost 2000 sqft. of living space that has been lovingly cared for and exudes pride of ownership. 2718 Hibiscus St. is conveniently located in the heart of Sarasota in the highly desirable community of South Gate, with its A-rated schools, quiet streets, and friendly neighbors. No CDD fees and an optional community association are a bonus, potentially saving thousands of dollars each year! This charming home is close to all the area offers, award-winning beaches, shopping, fabulous dining options, Arlington Park, the Legacy Trail as well as farmer’s markets and public transportation. The over-sized lanai has been enclosed and the entire home has LOW-E, IMPACT WINDOWS (34) AND HURRICANE DOORS (4) for added peace-of-mind! Sit outside by the SOLAR HEATED POOL and enjoy your favorite book, beverage or entertaining in the lush tropical surroundings. Beautifully built with GORGEOUS TERRAZO FLOORING throughout most of the living areas, kitchen as well as the utility room. This home will undoubtedly make a very special retirement home, second home or a place to raise your family!

Last Agent to Sell the Property

Linda Williams

GULF SHORES REALTY License #3334780 Listed on: 09/17/2021

GULF SHORES REALTY

Last Buyer's Agent

Alexis Zibolis

COLDWELL BANKER REALTY License #3371142

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,832

Year Built

  • Built in 1959

Lot Details

  • 9,500 Sq Ft Lot
  • Lot Dimensions are 95x100
  • Northwest Facing Home
  • Wood Fence
  • Wire Fence
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Property is zoned RSF2

Parking

  • 2 Car Attached Garage
  • Oversized Parking

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 1,981 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • High Ceiling
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Terrazzo
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

  • Security System Owned
  • Security Lights

Pool

  • Solar Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Southside Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Central Air
  • Heat Pump System
  • Thermostat
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • Southgate Community
  • South Gate Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,832

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mid-Century Modern
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1981
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 1959
  • Lot Size Sq Ft: 9500
  • Directions to Property: Driving north on Tamiami Trail from Venice turn right on Siesta Drive. Follow to S Shade Ave. turn left (north). Continue on S Shade for approximately 6/10 of a mile then turn right (east) on Hibiscus. The home will be 4/10 of a mile on the right. 2718 Hibiscus.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6117182?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6117182?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1.22168
  • Price per Sq Ft: 381.12
  • Close to Original List Price Ratio: 1.22168
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate, Terrazzo, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Street Number Modifier: 2718
  • Room Count: 5

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: In Ground, Solar Heat
  • Exterior Features: Fenced, Irrigation System, Lighting
  • Roof: Membrane
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Oversized
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: Yes
  • Security: Security Lights, Security System, Security System Owned
  • Senior Community: No
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Schools

  • Elementary School: Southside Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0056090034
  • Additional Parcels: No
  • Fencing: Wire, Wood
  • Lot Dimensions: 95x100
  • Flood Zone Code: X

Rental Info

  • Furnished: Partially
  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: None

Tax Info

  • Tax Annual Amount: 1832.31
  • Tax Block: 50
  • Tax Book Number: 9-32
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2025
Sold by
Sullivan Gregory K
Bought by
Sullivan Gregory K and Sullivan Edyta B
Current Estimated Value
$755,997

Purchase Details

Listed on
Sep 17, 2021
Closed on
Nov 1, 2021
Sold by
Countryman Frank L and Countryman Anita L
Bought by
Sullivan Gregory K
Seller's Agent
Linda Williams
GULF SHORES REALTY
Buyer's Agent
Alexis Zibolis
COLDWELL BANKER REALTY
List Price
$618,000
Sold Price
$755,000
Premium/Discount to List
$137,000
22.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.89%
Original Mortgage
$548,250
Interest Rate
2.8%
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
Sullivan Gregory K $100 None Listed On Document
Sullivan Gregory K $755,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sullivan Gregory K $548,250
Previous Owner Countryman Ii Frank L $125,000
Previous Owner Countryman Ii Frank L $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $755,000 +22.2% $381 / Sq Ft
09/18/2021 09/18/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $618,000 -- $312 / 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 $7,100 $596,772 -- --
2023 $7,100 $565,500 $250,000 $315,500
2022 $6,383 $493,200 $231,600 $261,600
2021 $1,847 $145,027 $0 $0
2020 $1,832 $143,025 $0 $0
2019 $1,753 $139,809 $0 $0
2018 $1,700 $137,202 $0 $0
2017 $1,687 $134,380 $0 $0
2016 $1,667 $228,900 $92,600 $136,300
2015 $1,693 $202,000 $62,300 $139,700
2014 $1,607 $122,014 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6117182

Stellar MLS

APN: 0056-09-0034