NOT LISTED FOR SALE

309 Beach Rd Unit 309S2 Sarasota, FL 34242

Estimated Value: $2,985,000 - $3,459,266

4 Beds
3.5 Baths
3,236 Sq Ft
$1,923/mo HOA Fee

Last Sold July 09, 2021

Last sale price $2,750,000 $850 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $21,196/month

2 Days on Market

Highlights

  • Beach View
  • Penthouse
  • Custom Home
  • Phillippi Shores Elementary School Rated A
  • Heated In Ground Pool
  • Gated Community

About This Home

As of July 2021

Welcome to Siesta Key’s ultimate penthouse residence with panoramic views of the powder sugar sands on world renowned Siesta Key beach. This 4 BR home enjoys a rooftop terrace which is perched high in the sky for stunning sunset views of the beach. This 3,236-square-foot home has magazine quality interiors and is in absolute model condition being sold furnished with some exclusions. Located in an exclusive gated coastal community, there’s quick access to the residence from the private foyer entrance and oversized 2 car attached garage. The main living area and Owner’s quarters are located on the 3rd level. The living room and dining room with recently raised ceilings enjoy an open air feel with the dazzling new kitchen by Sarasota Architectural Design. Top-quality features include white quartzite counters and marble backsplash, Wolf 5 burner gas cooktop, Sub-Zero refrigerator/freezer, Wolf double ovens, and a distressed Cypress-clad center island. The luxurious Owner’s quarters has a sitting area, a dream bath with double vanities, a freestanding contemporary tub, custom cabinetry and its own viewing balcony. The guest level boasts of three picture-perfect bedrooms with terraces overlooking the pool area. Guests will gravitate to the large family/media room sporting an under counter dishwasher, wine cooler and refrigerator. Office nook adjacent. The rooftop terrace includes a bar and a gathering area for the friends and family that you will entertain for sunset libations. Many current upgrades include a recently remodeled powder bath, LED lighting, RTI audio/video system with remote pairing, 2 new A/C’s in 2017 and new fans. Travertine flooring with a matte finish. A heated pool and spa are also included in this exquisite maintenance-free residence. A close walk to ever-popular Siesta Key Village for dining and shopping and just a short drive to downtown Sarasota.

Last Agent to Sell the Property

Kim Ogilvie

MICHAEL SAUNDERS & COMPANY License #0412475 Listed on: 05/05/2021

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Cathy Loeppke

CORCORAN DWELLINGS REALTY License #3291068

CORCORAN DWELLINGS REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,393

Year Built

  • Built in 2009

Lot Details

  • End Unit
  • West Facing Home
  • Mature Landscaping
  • Irrigation

HOA Fees

  • $1,923 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Electric Vehicle Home Charger
  • Workshop in Garage
  • Ground Level Parking
  • Garage Door Opener
  • Driveway
  • Secured Garage or Parking
  • Parking Garage Space
  • Open Parking

Property Views

  • Beach
  • Full Gulf or Ocean
  • Partial Bay or Harbor
  • Pool

Home Design

  • Penthouse
  • Custom Home
  • Florida Architecture
  • Elevated Home
  • Concrete Roof
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 3,236 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Built-In Features
  • Bar Fridge
  • Dry Bar
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Shades
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Inside Utility
  • Travertine
  • Walk-Up Access

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate

Eco-Friendly Details

  • Energy-Efficient Windows

Pool

  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Storage

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Zoned Heating and Cooling
  • Thermostat
  • Natural Gas Connected
  • Gas Water Heater
  • Water Purifier
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, security
  • Sal Muno Association, Phone Number (941) 927-6464
  • Beach Villas At The Oasis Community
  • Beach Villas At The Oasis Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets up to 75 lbs
  • 2 Pets Allowed

Security

  • Gated Community
  • Storm Windows
  • Fire and Smoke Detector

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,393

Year Built

Built in 2009

Lot Details

0

HOA Fees

$1,923 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Security
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Custom, Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3236
  • New Construction: No
  • Year Built: 2009
  • Building Area Total: 4321
  • Directions to Property: Beach Road on Siesta Key across from Beach Access #5, just south of Siesta Village.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4499814?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4499814?w=Customer
  • Floor Number: 3
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Property Description: Corner Unit, Elevated, Penthouse, Walk-Up
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 849.81
  • Ratio: Current Price\Building Area Total: 636.43
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Travertine
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Dry Bar, Eating Space In Kitchen, Elevator, High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Water Purifier, Wine Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 4
  • Window Features: Shades, Storm Window(s)
  • Street Number Modifier: 309
  • Room Count: 7
  • Additional Rooms: Family Room, Great Room, Inside Utility

Exterior Features

  • Direction Faces: West
  • Pool Features: Deck, Heated, In Ground
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Kitchen, Sliding Doors, Storage
  • Roof: Concrete
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Rear Porch, Side Porch
  • Road Surface Type: Paved, Concrete
  • Water View: Beach, Gulf/Ocean - Full, Gulf/Ocean - Partial
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Electric Vehicle Charging Station(s), Garage Door Opener, Ground Level, Oversized, Under Building, Workshop in Garage
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Gated Community, No Truck/RV/Motorcycle Parking, Pool
  • Association Amenities: Gated, Maintenance, Pool, Vehicle Restrictions
  • Association Name: Sal Muno
  • Phone: 941-927-6464
  • Association: Yes
  • Security: Closed Circuit Camera(s), Secured Garage/Parking, Security Gate, Security System, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 5768
  • Condo Fees Term: Quarterly
  • Association Email: sal@argusmgmt.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1923
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 23072
  • Total Monthly Fees: 1922.67

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0082052012
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone, Near Public Transit, Sidewalk
  • Flood Zone Code: AE

Green Features

  • Efficiency: Windows

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Large (61-100 Lbs.)
  • Max Pet Weight: 75
  • Minimum Lease: 2 Weeks
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Lease restrictions

Tax Info

  • Tax Annual Amount: 23392.86
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2022
Sold by
Louis Palano Marc and Louis Jessica R
Bought by
Marc L Palano Living Trust
Current Estimated Value
$3,154,817

Purchase Details

Listed on
May 5, 2021
Closed on
Jul 1, 2021
Sold by
Peters Joseph R and Peters Lisa
Bought by
Pawlak James David and Palano Marc Louis
Seller's Agent
Kim Ogilvie
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Cathy Loeppke
CORCORAN DWELLINGS REALTY
List Price
$3,100,000
Sold Price
$2,750,000
Premium/Discount to List
-$350,000
-11.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.29%

Purchase Details

Closed on
Dec 29, 2017
Sold by
Highland Springs Ventures Llc
Bought by
Peters Joseph R
Source: Public Records

Range of Values:

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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
Marc L Palano Living Trust -- Pavone Law Group Pc
Pawlak James David $2,750,000 Attorney
Peters Joseph R -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2021 07/09/21 Sold $2,750,000 0.0% $850 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
05/05/2021 05/05/21 Price Changed $2,750,000 -11.3% $850 / Sq Ft
05/05/2021 05/05/21 For Sale $3,100,000 -- $958 / 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 $29,769 $2,751,540 -- --
2023 $29,769 $2,501,400 $0 $2,501,400
2022 $28,973 $2,415,500 $0 $2,415,500
2021 $23,915 $1,908,600 $0 $1,908,600
2020 $23,393 $1,861,200 $0 $1,861,200
2019 $23,568 $1,884,844 $0 $0
2018 $23,167 $1,849,700 $0 $1,849,700
2017 $18,402 $1,405,700 $0 $1,405,700
2016 $18,370 $1,367,300 $0 $1,367,300
2015 $17,296 $1,250,000 $0 $1,250,000
2014 $16,385 $1,059,113 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4499814

Stellar MLS

APN: 0082-05-2012