NOT LISTED FOR SALE

Estimated Value: $7,095,017 - $8,499,000

5 Beds
6.5 Baths
5,335 Sq Ft
$1,482/Sq Ft Est. Value

Last Sold April 22, 2021

Last sale price $6,490,000 $1,216 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $48,799/month

29 Days on Market

Highlights

  • 120 Feet of Waterfront
  • Beach View
  • New Construction
  • Laurel Nokomis School Rated A-
  • Beach Access
  • Heated In Ground Pool

About This Home

As of April 2021

AUCTION WITHOUT RESERVE. RARE FIND: NEWLY COMPLETED PRIVATE BEACHFRONT CUSTOM HOME ON CASEY KEY. If you’re craving quiet and private sunset walks on the beach and a place to get away from it all, "Beach Dream" on Casey Key is the answer. Built to the highest standards of todays building code, and with a keen eye on design, this spacious easy-to-live-in home was thoughtfully planned with views of the turquoise blue Gulf of Mexico water from almost every room. The welcoming kitchen features an oversized island, Viking range, convection ovens, and custom cabinetry. “Beach Dream” has wet bars on each level. Main level bedroom suite with private office, closet with dressing room, and direct access to the full-length veranda. The upper level includes split secondary suites with private baths, walk-in closets, and a large living area with a balcony. Plus, there’s plenty of room for hobbies on the lower level: a well-proportioned 5-car garage with storage, flex space for gym or studio, full bath, heated saltwater pool and spa, outdoor kitchen, and three-stop elevator. In all, more than 5,300+ sq ft with 5 beds, 7 baths, and 2 living areas. Enjoy 120’ of direct beachfront away from the crowds. In the heart of Florida’s Cultural Coast, minutes from Sarasota, Venice, Nokomis. HOME WILL BE AUCTIONED WITHOUT RESERVE ON MARCH 23. PREVIEWS HELD BY APPOINTMENT. 45-day Close Don’t miss this singular opportunity to own your very own “Beach Dream”.

Last Agent to Sell the Property

Stephen Smith, Jr.

EMERALD REALTY TRUE PARTNERS License #3354346 Listed on: 02/23/2021

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,063

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.57 Acre Lot
  • 120 Feet of Waterfront
  • East Facing Home
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned RE2

Parking

  • 5 Car Attached Garage
  • Ground Level Parking
  • Side Facing Garage
  • Garage Door Opener
  • Open Parking

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Traditional Architecture
  • Bi-Level Home
  • Tile Roof
  • Concrete Roof
  • Cement Siding
  • Pile Dwellings

Interior Spaces

  • 5,335 Sq Ft Home
  • Wet Bar
  • Bar Fridge
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • French Doors
  • Separate Formal Living Room
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Outdoor Shower
  • Child Gate Fence
  • Fiber Optic Pool Lighting

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Balcony
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

  • Laurel Nokomis Elementary School
  • Laurel Nokomis Middle School
  • Venice Senior High School

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Underground Utilities
  • Propane
  • Tankless Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Built by Henson Contractors Inc (Clayton Ernest Henson)
  • Twin Beaches Community
  • Twin Beaches 2 Subdivision

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,063

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Construction Materials: Cement Siding
  • Fireplace: No
  • Living Area: 5335
  • Lot Size Acres: 0.57
  • New Construction: Yes
  • Year Built: 2020
  • Building Area Total: 8615
  • Lot Size Sq Ft: 24682
  • Directions to Property: From Sarasota-Bradenton International Airport, head west on University Pkwy towards, turn right (East) on University Pkwy. Make Left (South) on N Tamiami Trail (US-41 S) f(or about 15.3 miles ) turns into Bayfront Dr and Mound St, Mound St turns slightly right and becomes S Tamiami Trail. Turn right (East) onto Blackburn Point Rd for 1 mile, follow road to the left (South) on Casey Key Rd for 1.2 miles.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4492012?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4492012?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-777-2243
  • Ratio: Close Price\List Price: 0.93047
  • Price per Sq Ft: 1216.49
  • Close to Original List Price Ratio: 0.93047
  • Ratio: Current Price\Building Area Total: 753.34
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2020
  • Special Features: 4162

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Hardwood
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Elevator, High Ceiling(s), Master Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Wet Bar
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Dishwasher, Exhaust Fan, Microwave, Refrigerator, Tankless Water Heater, Wine Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Street Number Modifier: 2905
  • Room Count: 6
  • Additional Rooms: Formal Dining Room Separate, Formal Living Room Separate
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: East
  • Other Structures: Outdoor Kitchen
  • Pool Features: Child Safety Fence, Fiber Optic Lighting, Gunite, Heated, In Ground, Salt Water
  • Exterior Features: Balcony, French Doors, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters
  • Roof: Concrete, Tile
  • Pool Private: Yes
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio, Porch, Rear Porch
  • Road Surface Type: Paved
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: Beach, Beach - Access Deeded, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 120
  • Water Frontage Feet Beach Prvt: 120
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 5
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Garage Faces Side, Ground Level
  • Covered Parking Spaces: 5
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Propane, Public, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public
  • Number Of Septics: 1
  • Public Remarks Required: Auction Property.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Condo Land Included Y N: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Laurel Nokomis Elementary
  • High School: Venice Senior High
  • Middle Or Junior School: Laurel Nokomis Middle

Lot Info

  • Zoning: RE2
  • Parcel Number: 0159060015
  • Additional Parcels: No
  • Lot Features: Cleared, CoastalConstruction Control Line, Flood Insurance Required, FloodZone, In County
  • Property Attached Yn: No
  • Flood Zone Code: VE
  • Flood Zone Date: 2021-01-18
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Henson Contractors Inc (Clayton Ernest Henson)

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Pet Restrictions: None
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 19062.7
  • Tax Book Number: 4-1
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
Apr 21, 2021
Sold by
Thomas Dale L
Bought by
Ayyad Abdelrahman and Ayyad Sara
Seller's Agent
Stephen Smith, Jr.
EMERALD REALTY TRUE PARTNERS
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$6,975,000
Sold Price
$6,490,000
Premium/Discount to List
-$485,000
-6.95%
Current Estimated Value
$7,907,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,417,339
Avg. Annual Appreciation
4.65%
Original Mortgage
$4,000,000
Outstanding Balance
$3,627,711
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$4,279,628

Purchase Details

Closed on
Jun 30, 2017
Sold by
Shouldice Emilee C and Shouldice Emilee C
Bought by
Thomas Dale L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 2017
Bought by
Thomas Dale L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 2011
Sold by
Thomas Dale L
Bought by
Shouldice Emilee C and Twin Beach Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ayyad Abdelrahman $6,490,000 Attorney
Thomas Dale L -- Attorney
Thomas Dale L $100 --
Shouldice Emilee C -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayyad Abdelrahman $4,000,000
Previous Owner Thomas Dale L $2,250,000
Previous Owner Thomas Dale L $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2021 04/22/21 Sold $6,490,000 -7.0% $1,216 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $6,975,000 -- $1,307 / 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 $68,570 $5,543,500 $2,331,900 $3,211,600
2023 $68,570 $6,093,300 $2,385,500 $3,707,800
2022 $60,360 $5,120,600 $1,958,600 $3,162,000
2021 $45,301 $3,765,700 $1,636,800 $2,128,900
2020 $40,934 $3,277,400 $1,529,500 $1,747,900
2019 $19,063 $1,530,300 $1,529,500 $800
2018 $24,081 $1,929,900 $1,929,000 $900
2017 $19,284 $1,188,557 $0 $0
2016 $18,112 $1,628,700 $1,627,900 $800
2015 $17,095 $1,495,500 $1,494,700 $800
2014 $17,088 $811,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Stellar MLS

MLS Number: A4492012

Stellar MLS

APN: 0159-06-0015