NOT LISTED FOR SALE

2755 Coconut Bay Ln Unit 114 Sarasota, FL 34237

Downtown Sarasota Neighborhood

Estimated Value: $164,803 - $206,000

2 Beds
2 Baths
1,010 Sq Ft
$423/mo HOA Fee

Last Sold August 07, 2024

Last sale price $214,000 $212 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,596/month

419 Days on Market

Highlights

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

About This Home

As of August 2024

Welcome to the luxurious gated community of Sarasota Palms! This beautifully updated first-floor condo is a perfect blend of comfort, convenience and elegance. As you enter the home, you will be greeted by the beautiful tray ceilings and the warmth of the solid wood cabinetry and granite countertops in the kitchen, with the same tasteful upgrades carrying on into both bathrooms. This home also features a brand new (May 2023) water heater tastefully added chair rails and crown molding, beautifully updated laminate flooring in the bedrooms, recently installed double paned hurricane windows and sliding doors, and a screened in porch for you to sit outside and enjoy your morning coffee. The clubhouse is a fantastic amenity for residents, featuring a fully equipped fitness center, sauna, upgraded theatre room, billiards room, and business center, complete with WiFi throughout the community. You'll also have access to the largest pool and fitness center of any association in Sarasota County. Bring your furry friend to the large fenced dog park or enjoy the playground and tennis courts. Host a barbecue in the grilling and picnic area or take a relaxing walk around the lake. This condo is conveniently located near the Ed Smith Stadium, the spring training home for the Baltimore Orioles. You'll also be just minutes away from downtown Sarasota and the nearby marina. For beach lovers, St. Armand's Circle and Lido Key are only 5 miles away, offering some of the most beautiful powder sand beaches in the world. Plus, the Sarasota/Bradenton International Airport is just a short 5-mile drive away. This condo is perfect for those who value comfort, convenience, and luxury living. Whether it’s a primary residence, second home, or an investment, don't miss out on the opportunity to make this yours! Seller financing and rent-to-own options are available.

Last Agent to Sell the Property

Amber Koepke

LPT REALTY, LLC Brokerage Phone: 877-366-2213 License #3488312 Listed on: 04/13/2023

LPT REALTY, LLC

Last Buyer's Agent

MaryAnn Fenton,PA

BRIGHT REALTY License #3235447

BRIGHT REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,757

Year Built

  • Built in 1974

Lot Details

  • South Facing Home

HOA Fees

  • $423 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Built-Up Roof
  • Cement Siding

Interior Spaces

  • 1,010 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, internet, recreational facilities
  • Bruce Thompson Association, Phone Number (941) 366-5561
  • Visit Association Website
  • Sarasota Palms Community
  • Sarasota Palms Subdivision

Amenities

  • Clubhouse
  • Elevator

Recreation

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

Pet Policy

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

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,757

Year Built

Built in 1974

Lot Details

0

HOA Fees

$423 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: 1010
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1073
  • Directions to Property: From I-75 S Take exit 210 toward Sarasota/St Armands, keep right at fork, merge onto FL-780 W/Fruitville Rd, turn right on N Tuttle Ave, Turn left at 8th St stoplight and immediately turn right toward Coconut Bay Ln.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: West Palm Beach
  • Escrow Postal Code: 33411
  • Escrow State: FL
  • Escrow Street Name: Vista Parkway, Suite 201
  • Escrow Street Number: 2041
  • Floor Number: 1
  • List Office Head Office Key Nume: 524162049
  • Minimum Lease: 8-12 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 211.88
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 877-366-2213
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Chair Rail, Crown Molding, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 2755
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 93.83
  • Room Count: 7

Exterior Features

  • Direction Faces: South
  • Exterior Features: Tennis Court(s)
  • Roof: Built-Up
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Fitness Center, Playground, Pool, Tennis Courts
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Other, Playground, Pool, Tennis Court(s)
  • Association Fee: 422.75
  • Association Fee Frequency: Monthly
  • Association Name: Bruce Thompson
  • Phone: 941-366-5561
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: 2 Cats, or 1 Cat and 1 Dog, but not 2 Dogs
  • Association Fee Requirement: Required
  • Building Name Number: 2755
  • Condo Land Included YN: 0
  • Max Pet Weight: 45
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: office@sarasotapalms.com
  • Pet Size: Medium (36-60 Lbs.)
  • Association URL: https://www.sarasotapalms.com/

Fee Information

  • Total Annual Fees: 5073.00
  • Total Monthly Fees: 422.75
  • Monthly HOA Amount: 422.75

Schools

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

Lot Info

  • Zoning: RMF5
  • Parcel Number: 2028011004
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Number Limit, Size Limit
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: rental approval is required. for buyers, 30 day approval period after all requested info is received. for renters is 15 days. internet is part of hoa dues.
  • Month To Month Or Weekly YN: 0

Tax Info

  • Tax Annual Amount: 1756.89
  • Tax Book Number: 37-26
  • Tax Lot: 0

Multi Family

  • Approval Process: Rental approval is required. HOA has 15 day approval process.
  • Currency Monthly Rent Amt: 1850.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
Aug 7, 2024
Sold by
Road Acceptance Crp Llc
Bought by
Sawyer Kenneth E and Le Sawyer Patricia
Seller's Agent
Amber Koepke
LPT REALTY, LLC
Buyer's Agent
MaryAnn Fenton,PA
BRIGHT REALTY
List Price
$219,950
Sold Price
$214,000
Premium/Discount to List
-$5,950
-2.71%
Views
689
Current Estimated Value
$190,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,549
Avg. Annual Appreciation
-8.69%

Purchase Details

Closed on
Oct 16, 2015
Sold by
Manhattan Finance Company
Bought by
Road Acceptance Crp Llc

Purchase Details

Closed on
Jul 13, 2011
Sold by
Schmidt Marc
Bought by
Manhattan Finance Company

Purchase Details

Closed on
Nov 16, 2005
Sold by
Sarasota Palms Llc
Bought by
Schmidt Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,041
Interest Rate
6.75%
Mortgage Type
New Conventional
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
Sawyer Kenneth E $214,000 Level 10 Title
Road Acceptance Crp Llc -- Royalty Title Llc
Manhattan Finance Company $45,000 Riddell Title & Escrow Llc
Schmidt Marc $144,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmidt Marc $50,000
Previous Owner Schmidt Marc $130,041
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2024 08/07/24 Sold $214,000 -2.7% $212 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $219,950 +2.8% $218 / Sq Ft
02/26/2024 02/26/24 Off Market $214,000 -- --
05/06/2023 05/06/23 Price Changed $219,950 -4.3% $218 / Sq Ft
04/14/2023 04/14/23 For Sale $229,950 0.0% $228 / Sq Ft
01/10/2022 01/10/22 Off Market $1,400 -- --
10/12/2021 10/12/21 Rented $1,400 0.0% --
10/05/2021 10/05/21 Under Contract -- -- --
10/05/2021 10/05/21 For Rent $1,400 -- --
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 $1,900 $114,865 -- --
2023 $1,900 $124,600 $0 $124,600
2022 $1,757 $117,200 $0 $117,200
2021 $1,520 $86,300 $0 $86,300
2020 $1,525 $84,500 $0 $84,500
2019 $1,493 $82,900 $0 $82,900
2018 $1,520 $84,400 $0 $84,400
2017 $1,435 $78,300 $0 $78,300
2016 $1,476 $75,700 $0 $75,700
2015 $1,190 $63,300 $0 $63,300
2014 $1,157 $42,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: S5082989

Stellar MLS

APN: 2028-01-1004