NOT LISTED FOR SALE

Estimated Value: $964,000 - $1,681,000

5 Beds
4 Baths
3,230 Sq Ft
$374/Sq Ft Est. Value

Last Sold February 13, 2023

Last sale price $1,221,000 $378 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,803/month

147 Days on Market

Highlights

  • 97 Feet of Bay Harbor Waterfront
  • Water access To Gulf or Ocean
  • Cabana
  • White Water Ocean Views
  • Boat Lift
  • Florida Architecture

About This Home

As of February 2023

Picture this: You have a home large enough to fit all your friends and family when they come to visit, which is also an income generator with two units to be rented out when you aren’t in town. You have a stunning view of Lemon Bay, a pool, a dock and boat lift where you can store your boat year-round, and you are a few streets over from the Gulf along the community easement. You have your own private slice of paradise and are the envy of all. If that feels like heaven, then this is the property for you!! With OVER 3,200 SQUARE FEET of space, this is a rare opportunity to own a large waterfront home on Manasota Key.

Perfect for entertaining, guests can gather in the formal living room or get cozy in the family room to watch a movie by the fireplace. Enjoy your morning coffee at the breakfast bar in the kitchen where the chef in the family will be delighted by the granite countertops, soft-closing drawers and a pass-through window to the lanai so you won’t miss any of the action while preparing snacks! Family meals are a breeze with a dining room and plenty of dining space on the lanai to enjoy the sunshine and Florida air. Spend your time in between meals, lounging in the pool and sipping your favorite beverage. Grab your refills from the fridge on the lanai and rinse off after taking a dip in the pool in the lanai bathroom with a shower. The bonus enclosed room is perfect for pool storage or for expanding your gathering space!

After a day of fun in the sun, take advantage of the split floorplan and retire to the solitude of your serene master suite. Your spacious bedroom with access to the lanai also includes TWO WALK-IN CLOSETS, an en-suite bathroom with dual sinks, granite counters, a shower and a jetted garden tub! An additional bathroom and two more bedrooms can be found on the other side of the living room, along with an indoor laundry room for your convenience.

BUT WAIT, THERE’S MORE! This house keeps going, with a MOTHER-IN-LAW SUITE WITH ITS OWN SEPARATE ENTRANCE so it can be rented on its own separately from the main home! This suite has a spacious living room, a full kitchen, TWO MORE BEDROOMS and a bathroom. Your favorite part of the home though will be the waterfront area with a concrete seawall, composite dock and a boat lift right on Lemon Bay! This deep water is just a draw bridge away from the Gulf of Mexico where idyllic boating and fishing awaits.

This property has a long RENTAL HISTORY, both in-season and during the summer, and is ready to make you money! Located minutes away from several beaches, you’ll be doing morning yoga, searching for shells and embracing the beach lifestyle you’ve always wanted. A wide variety of local shops and restaurants abound, along with multiple golf courses and two Major League Baseball Spring Training stadiums in the area.

Last Agent to Sell the Property

Leslie Brown

KW COASTAL LIVING License #3098886 Listed on: 08/17/2022

KW COASTAL LIVING

Last Buyer's Agent

Leslie Brown

KW COASTAL LIVING License #3098886 Listed on: 08/17/2022

KW COASTAL LIVING

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,440

Year Built

  • Built in 1986

Lot Details

  • 0.38 Acre Lot
  • 97 Feet of Bay Harbor Waterfront
  • North Facing Home
  • Landscaped with Trees
  • Property is zoned MSF3.5

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Florida Architecture
  • Turnkey
  • Stem Wall Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 3,230 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Window Treatments
  • Sliding Doors
  • Family Room
  • Separate Formal Living Room
  • Dining Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Shower Only
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Cabana
  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Deeded access to the beach
  • Seawall
  • Boat Lift
  • Dock made with Composite Material
  • Rain Gutters

Schools

  • Englewood Elementary School
  • L.A. Ainger Middle School
  • Lemon Bay High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lemon Bay Estates Community
  • Lemon Bay Estates Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,440

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 3230
  • Lot Size Acres: 0.38
  • New Construction: No
  • Year Built: 1986
  • Building Area Total: 4722
  • Lot Size Sq Ft: 16647
  • Directions to Property: From 776 and Beach Rd: Head south on Beach Rd, At the traffic circle, take the 1st exit and stay on Beach Rd, Turn right onto Driftwood Dr, Destination will be on the right.
  • Status: Sold
  • Street Direction: N
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 203884503
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 378.02
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Master Bedroom Main Floor, Skylight(s), Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stem Wall
  • Total Bedrooms: 5
  • Levels: One
  • Window Features: Window Treatments
  • Street Number Modifier: 2857
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Family Room,Formal Living Room Separate,Inside Utility,Interior In-Law Suite
  • Living Area Meters: 300.08
  • Room Count: 12

Exterior Features

  • Direction Faces: North
  • Other Structures: Cabana
  • Pool Features: Gunite, In Ground
  • Exterior Features: Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Water Body Name: LEMON BAY
  • Waterfront: Yes
  • Road Surface Type: Asphalt, Paved
  • Disclosures: Seller Property Disclosure
  • Water Access: Bay/Harbor,Beach - Access Deeded,Gulf/Ocean,Intracoastal Waterway
  • Water Extras: Dock - Composite,Lift,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 97
  • Flood Zone Date: 2003-05-05
  • Flood Zone Panel: 12015C0186F
  • Water Frontage Feet Bay Harbor: 97

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Covered, Driveway, Garage Door Opener, Off Street

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Condo Land Included YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Englewood Elementary
  • High School: Lemon Bay High
  • Middle Or Junior School: L.A. Ainger Middle

Lot Info

  • Zoning: MSF3.5
  • Parcel Number: 411901304003
  • Additional Parcels: No
  • Lot Features: In County, Paved
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 1547

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 9439.84
  • Tax Book Number: 2-78
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Feb 15, 2023
Sold by
Farkas Groves Inc
Bought by
Fabiano Paul and Colabella Joanne
Seller's Agent
Leslie Brown
KW COASTAL LIVING
Buyer's Agent
Leslie Brown
KW COASTAL LIVING
List Price
$1,600,000
Sold Price
$1,221,000
Premium/Discount to List
-$379,000
-23.69%
Views
113
Current Estimated Value
$1,208,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,162
Avg. Annual Appreciation
2.97%

Purchase Details

Listed on
Aug 17, 2022
Closed on
Feb 13, 2023
Sold by
Farkas Groves Inc
Bought by
Fabiano Paul and Colabella Joanne
Seller's Agent
Leslie Brown
KW COASTAL LIVING
Buyer's Agent
Leslie Brown
KW COASTAL LIVING
List Price
$1,600,000
Sold Price
$1,221,000
Premium/Discount to List
-$379,000
-23.69%
Views
113

Purchase Details

Closed on
Mar 21, 2005
Sold by
Rmd Inc
Bought by
Parkas Groves Inc

Purchase Details

Closed on
Apr 16, 2002
Sold by
Smith Russell A and Smith Deloris A
Bought by
R M D Inc
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
Fabiano Paul $1,221,000 --
Fabiano Paul $100 Trilogy Title Services
Parkas Groves Inc $900,000 --
R M D Inc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2023 02/13/23 Sold $1,221,000 -23.7% $378 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
12/12/2022 12/12/22 For Sale $1,600,000 +31.0% $495 / Sq Ft
10/06/2022 10/06/22 Off Market $1,221,000 -- --
08/17/2022 08/17/22 For Sale $1,600,000 -- $495 / 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
2023 $13,362 $616,612 $0 $0
2022 $11,294 $758,979 $259,250 $499,729
2021 $9,440 $509,596 $215,900 $293,696
2020 $8,894 $503,984 $215,900 $288,084
2019 $8,999 $480,715 $215,900 $264,815
2018 $8,367 $475,985 $215,900 $260,085
2017 $7,655 $422,140 $215,900 $206,240
2016 $7,199 $388,374 $0 $0
2015 $6,628 $368,459 $0 $0
2014 $6,791 $375,771 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6127097

Stellar MLS

APN: 411901304003