NOT LISTED FOR SALE

3535 Flamingo Ave Sarasota, FL 34242

Estimated Value: $3,908,000 - $4,246,461

4 Beds
3.5 Baths
4,560 Sq Ft
$897/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $4,900,000 $1,075 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $26,218/month

27 Days on Market

Highlights

  • 70 Feet of Bay Harbor Waterfront
  • White Water Ocean Views
  • Boat Lift
  • Phillippi Shores Elementary School Rated A
  • Access To Intracoastal Waterway
  • Heated In Ground Pool

About This Home

As of May 2022

Welcome to your perfect island paradise! This immaculate waterfront home is ideally located on Bay Island, the gateway to the world-famous Siesta Key. It boasts stunning views of the bay, over 4,500 square feet under air, three generous bedrooms, each with its own balcony and walk-in closet, and an enormous bonus room which can also be a fourth bedroom. The residence was virtually transformed in 2014 into one of the most beautiful coastal-contemporary, Key West-style homes in the entire area. From top to bottom, everything was replaced or meticulously maintained. Impact-rated sliding glass doors were installed, as well as other access, garage doors and Miami-Dade fort screen for all windows. Featuring dramatically high ceilings, wood and tile flooring, a beautiful gas fireplace, top-of-the-line stainless steel appliances including a five-burner Wolf gas cooktop, additional storage rooms, a bath and bonus studio just off the pool, a paved motor court leading to your three-car garage and expansive, elevated front porch. Your backyard highlights include multilevel decks with covered seating areas, a built-in gas grill, a gas fire table, heated saltwater pool/spa and a composite dock with a 10,000-pound boat lift in a protected deep-water basin. You’ll have immediate access to the bay and just moments to the Gulf of Mexico. The culture, entertainment, dining and shopping of downtown Sarasota, as well as the charming Siesta Key Village and incredible beauty of Siesta Key Beach, are only minutes away. It really doesn’t get any better than this!

Last Agent to Sell the Property

Jo Rutstein

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3085661 Listed on: 02/28/2022

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Judy Beck

MICHAEL SAUNDERS & COMPANY License #0574086

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,862

Year Built

  • Built in 2002

Lot Details

  • 0.35 Acre Lot
  • 70 Feet of Bay Harbor Waterfront
  • West Facing Home
  • Irrigation
  • Landscaped with Trees
  • Property is zoned RSF1

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • White Water Ocean
  • Intracoastal
  • Canal
  • Pool

Home Design

  • Key West Architecture
  • Elevated Home
  • Slab Foundation
  • Stem Wall Foundation
  • Wood Frame Construction
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 4,560 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Sliding Doors
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Bonus Room
  • Storage Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Studio bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Dual Sinks
  • Bathtub With Separate Shower Stall
  • Rain Shower Head
  • Multiple Shower Heads
  • Window or Skylight in Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Outdoor Shower
  • Outside Bathroom Access
  • Pool Lighting

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Dock has access to water
  • Seawall
  • Boat Lift
  • Dock made with Composite Material
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Phone Available

Additional Features

  • Energy-Efficient Thermostat
  • Flood Zone Lot

Community Details

  • No Home Owners Association
  • Bay Island Shores Community
  • Bay Island Shores Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,862

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Key West
  • Construction Materials: Block, Wood Frame
  • Fireplace: Yes
  • Living Area: 4560
  • Lot Size Acres: 0.35
  • New Construction: No
  • Year Built: 2002
  • Building Area Total: 7446
  • Lot Size Sq Ft: 15396
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 691.76
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 1074.56
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • Property Description: Elevated
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Master Bedroom Upstairs, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer
  • Foundation Details: Slab, Stem Wall
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Breakfast Room Separate,Formal Dining Room Separate,Inside Utility,Storage Rooms
  • Living Area Meters: 423.64

Exterior Features

  • Direction Faces: West
  • Pool Features: Gunite, Heated, In Ground, Lighting, Outside Bath Access, Salt Water
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sliding Doors, Storage
  • Roof: Metal
  • Pool Private: Yes
  • View: Pool, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Front Porch, Patio, Rear Porch, Side Porch
  • Road Surface Type: Paved
  • Disclosures: Seller Property Disclosure
  • Water Access: Bay/Harbor,Canal - Saltwater,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Dock - Composite,Dock w/Electric,Dock w/Water Supply,Lift,Sailboat Water,Seawall - Concrete
  • Water View: Bay/Harbor - Full,Canal,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 70
  • Water Frontage Feet Bay Harbor: 70

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener, Garage Faces Side

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: 0

Fee Information

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2019100012
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Flood Zone Code: AE

Green Features

  • Efficiency: Thermostat

Rental Info

  • Furnished: Unfurnished
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 31862.39
  • Tax Book Number: 5-94
  • Tax Lot: 26

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2022
Closed on
May 11, 2022
Sold by
Diane E Kadue Trust
Bought by
Shawn M Kelley Family Trust and Kerry A Kelley Family Trust
Seller's Agent
Jo Rutstein
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Judy Beck
MICHAEL SAUNDERS & COMPANY
List Price
$5,500,000
Sold Price
$4,900,000
Premium/Discount to List
-$600,000
-10.91%
Current Estimated Value
$4,091,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$808,180
Avg. Annual Appreciation
-4.88%

Purchase Details

Closed on
Oct 30, 2021
Sold by
Kadue Richard Reginald and Kadue Diane Elaine
Bought by
Kadue Diane Elaine

Purchase Details

Closed on
Jan 5, 2021
Sold by
Elaine Kadue Diane
Bought by
Diane E Kadue Trust

Purchase Details

Listed on
Jun 27, 2019
Closed on
Sep 30, 2019
Sold by
Pink Bird Llc
Bought by
Kadue Richard and Kadue Diane E
Seller's Agent
Brittany Russell
DOMAIN REALTY LLC
Buyer's Agent
Jo Rutstein
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$3,000,000
Sold Price
$2,775,000
Premium/Discount to List
-$225,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$2,081,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2017
Sold by
Kerr Christopher B and Kerr Dina M
Bought by
Pink Bird Llc

Purchase Details

Closed on
Aug 10, 2009
Sold by
Conable Samuel W and Conable Lori
Bought by
Kerr Christopher B and Kerr Dina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,348,000
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 1999
Sold by
Stepp Lynda L and Leonard George Paul
Bought by
Conable Samuel W and Conable Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.8%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Shawn M Kelley Family Trust $4,900,000 Rudnick Joshua D
Kadue Diane Elaine $100 Oday Sharon
Diane E Kadue Trust -- Hall & Rheingans Pllc
Kadue Richard $2,775,000 First Boston Title Llc
Pink Bird Llc $2,800,000 Attorney
Kerr Christopher B $1,685,000 Attorney
Conable Samuel W $450,000 --
Conable Samuel W $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kadue Richard $2,081,250
Previous Owner Kerr Christopher B $1,348,000
Previous Owner Conable Samuel W $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/11/2022 05/11/22 Sold $4,900,000 -6.7% $1,075 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/25/2022 03/25/22 Price Changed $5,250,000 -4.5% $1,151 / Sq Ft
02/28/2022 02/28/22 For Sale $5,500,000 +98.2% $1,206 / Sq Ft
09/30/2019 09/30/19 Sold $2,775,000 -7.5% $609 / Sq Ft View Prior Sale
08/18/2019 08/18/19 Pending -- -- --
06/26/2019 06/26/19 For Sale $3,000,000 -- $658 / 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
2025 $56,345 $3,874,300 $2,085,900 $1,788,400
2024 $65,014 $3,830,800 $2,221,900 $1,608,900
2023 $65,014 $4,400,700 $2,361,100 $2,039,600
2022 $31,627 $2,119,128 $0 $0
2021 $31,862 $2,057,406 $0 $0
2020 $32,255 $2,029,000 $1,147,300 $881,700
2019 $32,839 $2,031,600 $1,186,500 $845,100
2018 $34,853 $2,151,600 $1,293,600 $858,000
2017 $18,714 $1,164,020 $0 $0
2016 $18,665 $2,023,200 $997,600 $1,025,600
2015 $18,946 $1,745,600 $910,400 $835,200
2014 $18,197 $1,171,584 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4526353

Stellar MLS

APN: 2019-10-0012