NOT LISTED FOR SALE

2755 Coconut Bay Ln Unit 1F Sarasota, FL 34237

Downtown Sarasota Neighborhood

Estimated Value: $160,000 - $176,000

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

Last Sold May 25, 2023

Last sale price $180,000 $208 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,409/month

4 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Community Lake
  • Booker High School Rated A-
  • Gated Community
  • 2-minute walk to Tuttle Walkway Park

About This Home

As of May 2023

Luxury two bedroom two bathroom condo in the resort like setting of Sarasota Palms Condominium. What a wonderful place for a vacation home or even an investment property till you're ready to make the move to Florida. Hurricane windows and sliding glass doors recently installed. Location is convenient to downtown Sarasota, a short driving distance to beaches, and just a few blocks to the beautiful Baltimore Orioles Ballpark. Community amenities include a junior olympic size pool with cabanas, play ground, picnic area, walking path around the lake, dog run, and tennis courts. Inside the clubhouse you'll find a state of the art fitness center, saunas, billiards room, theater, conference room, and business center.

Last Agent to Sell the Property

Bruce Thompson

CONCORDIA REALTY LLC License #3265178 Listed on: 04/07/2023

Last Buyer's Agent

Tim Yocum, Sr

COLDWELL BANKER REALTY License #3231649

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,636

Year Built

  • Built in 1974

Lot Details

  • End Unit
  • North Facing Home
  • Dog Run
  • Landscaped

HOA Fees

  • $363 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Concrete Roof
  • Concrete Siding
  • Stucco

Interior Spaces

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

Kitchen

  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

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

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater

Additional Features

  • Reclaimed Water Irrigation System
  • In Ground Pool

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, escrow reserves fund, internet, maintenance structure, ground maintenance, pest control
  • Sarasota Palms Association, Phone Number (941) 366-5561
  • Visit Association Website
  • Sarasota Palms Community
  • Sarasota Palms Subdivision
  • The community has rules related to building or community restrictions, deed restrictions, vehicle restrictions
  • Community Lake

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

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

Pet Policy

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

Security

  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,636

Year Built

Built in 1974

Lot Details

0

HOA Fees

$363 per month

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Internet, Maintenance Structure, Maintenance Grounds, Pest Control, Pool
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 866
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 929
  • Directions to Property: From Fruitville Road, turn North onto Tuttle Avenue. Turn Left at the first light into Sarasota Palms.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 1047837
  • Minimum Lease: 3 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 207.85
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • Property Description: End Unit
  • MFR_BedroomClosetType: Walk-in Closet
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Walk-In Closet(s)
  • Appliances Included: Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 3
  • Street Number Modifier: 2755
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 80.45
  • Room Count: 5

Exterior Features

  • Direction Faces: North
  • Other Structures: Kennel/Dog Run, Tennis Court(s)
  • Pool Features: In Ground
  • Exterior Features: Dog Run, Irrigation System, Sliding Doors, Tennis Court(s)
  • Roof: Concrete
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Lead Paint
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, Gated, Irrigation-Reclaimed Water, Lake, Playground, Pool, Sidewalks, Special Community Restrictions, Tennis Courts
  • Association Amenities: Basketball Court, Clubhouse, Elevator(s), Fitness Center, Gated, Laundry, Lobby Key Required, Playground, Pool, Sauna, Tennis Court(s), Vehicle Restrictions
  • Association Fee Frequency: Monthly
  • Association Name: Sarasota Palms
  • Phone: 941-366-5561
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • 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.
  • Association Fee Requirement: Required
  • Building Name Number: 2755
  • Condo Fees: 363
  • Condo Land Included YN: 0
  • Max Pet Weight: 45
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: office@sarasotapalms.com
  • Monthly Condo Fee Amount: 363
  • Pet Size: Medium (36-60 Lbs.)
  • Association URL: Sarasota-alms.com
  • SW Subdiv Condo Num: 8333

Fee Information

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

Schools

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

Lot Info

  • Zoning: RMF5
  • Parcel Number: 2028011001
  • Additional Parcels: No
  • Lot Features: City Limits, Landscaped, Level, Paved
  • Flood Zone Code: X AE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Number Limit, Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Club House Pass Card $25.00. Gate Access Sticker $15.00. New P.O. Box Lock and Key $25.00.
  • Month To Month Or Weekly YN: 0

Tax Info

  • Tax Annual Amount: 1636
  • Tax Lot: 1F

Multi Family

  • Approval Process: Application fee $150 per adult. 30 day waiting period.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2023
Closed on
May 25, 2023
Sold by
Deborah Anne Hayes Revocable Trust
Bought by
Shea Silvana V
Seller's Agent
Bruce Thompson
CONCORDIA REALTY LLC
Buyer's Agent
Tim Yocum, Sr
COLDWELL BANKER REALTY
List Price
$190,000
Sold Price
$180,000
Premium/Discount to List
-$10,000
-5.26%
Views
118
Current Estimated Value
$165,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,632
Avg. Annual Appreciation
-0.80%

Purchase Details

Closed on
May 4, 2018
Sold by
Hayes Deborah
Bought by
Hayes Deborah Anne and The Deborah Anne Hayes Revocab

Purchase Details

Closed on
Dec 21, 2005
Sold by
Sarasota Palms Llc
Bought by
Hayes Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,392
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac
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
Shea Silvana V $180,000 None Listed On Document
Hayes Deborah Anne -- Attorney
Hayes Deborah $145,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hayes Deborah $116,392
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $180,000 -5.3% $208 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
04/07/2023 04/07/23 For Sale $190,000 0.0% $219 / Sq Ft
08/17/2018 08/17/18 Off Market $1,100 -- --
04/18/2017 04/18/17 Rented $1,100 0.0% --
03/19/2017 03/19/17 Under Contract -- -- --
03/14/2017 03/14/17 For Rent $1,100 -- --
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 $1,760 $123,500 -- $123,500
2023 $1,760 $115,200 $0 $115,200
2022 $1,636 $107,900 $0 $107,900
2021 $1,424 $80,700 $0 $80,700
2020 $1,401 $79,300 $0 $79,300
2019 $1,322 $77,600 $0 $77,600
2018 $1,279 $79,000 $0 $79,000
2017 $1,200 $56,954 $0 $0
2016 $1,211 $70,700 $0 $70,700
2015 $1,105 $59,200 $0 $59,200
2014 $1,066 $38,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bruce Thompson

    Seller's Agent in 2023

    Bruce Thompson

    CONCORDIA REALTY LLC

    (850) 573-2063

    21 in this area

    131 Total Sales

    Bruce Thompson
    Section Image

  • T

    Buyer's Agent in 2023

    Tim Yocum, Sr

    COLDWELL BANKER REALTY

    (941) 915-4545

    2 in this area

    39 Total Sales

    Tim Yocum, Sr
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4566531

Stellar MLS

APN: 2028-01-1001

Florida Sarasota County Sarasota 34237 Downtown Sarasota

2755 Coconut Bay Ln Unit 1F, Sarasota, FL

This home is located at 2755 Coconut Bay Ln Unit 1F, Sarasota, FL 34237 since 07 April 2023 and is currently estimated at $165,368, approximately $190 per square foot. This property was built in 1974. 2755 Coconut Bay Ln Unit 1F 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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