NOT LISTED FOR SALE

3616 Casey Key Rd Nokomis, FL 34275

Casey Key Neighborhood

Estimated Value: $2,210,000 - $3,989,000

5 Beds
4 Baths
5,940 Sq Ft
$502/Sq Ft Est. Value

Last Sold February 22, 2021

Last sale price $1,601,000 $270 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $17,630/month

361 Days on Market

Highlights

  • Parking available for a boat
  • Water access To Gulf or Ocean
  • Open Floorplan
  • Laurel Nokomis School Rated A-
  • Partial Gulf or Ocean Views
  • Deck

About This Home

As of February 2021

Don’t let this ONCE in a LIFETIME INVESTMENT PROPERTY pass you by. Welcome to a beach front estate where the warm tropical waters of the Gulf of Mexico meet the highly desirable boating waters of the intercoastal to form a beach to bay retreat suitable for a Private Residence, Corporate Retreat or Portfolio Investment. Very rarely do properties that offer opportunities for an IMMEDIATE EQUITY POSITION upon purchase come available on Casey Key. Similar homes on the Key are listed and have sold for between $3-$4,000,000. With a modest remodel this home will offer the new owner an unmatched equity position.

This estate offers a 75-foot unobstructed deeded beach front easement directly in front of the home. This easement offers an unblocked view of the beach and Gulf of Mexico. To the rear of the home you will find an additional boat dock and easement adding immense value suitable for your recreational and angler needs. This well protected cove leads directly into Dryman Bay.

While the islands prime location fulfills the most discerning urban needs it offers privacy and tranquility that is unrivaled by other gulf coast islands. Opportunities for legacy properties offering an abundance of amenities like this rarely come available. While many dream of living on an exclusive island in paradise, few can. Schedule your private showing today. Owners are motivated to create a mutually beneficial deal. Potential Owner Financing Available.

Last Agent to Sell the Property

Bradley Ayres

SUNCOAST HOMES REALTY License #3374946 Listed on: 12/30/2019

Last Buyer's Agent

Bradley Ayres

SUNCOAST HOMES REALTY License #3374946 Listed on: 12/30/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,584

Year Built

  • Built in 1992

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 99x173
  • West Facing Home
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned RE2

Parking

  • 3 Car Attached Garage
  • Converted Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Parking available for a boat

Home Design

  • Contemporary Architecture
  • Spanish Architecture
  • Slab Foundation
  • Wood Frame Certified By Forest Stewardship Council
  • Wood Frame Construction
  • Tile Roof
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 5,940 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • French Doors
  • Family Room Off Kitchen
  • Partial Bay or Harbor Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Deeded access to the beach
  • Open Dock
  • Balcony
  • Deck
  • Patio
  • Outdoor Kitchen
  • Exterior Lighting
  • Rain Gutters
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Admiral Benbow Club Sub The Community
  • Admiral Benbow Club Sub The Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,584

Year Built

Built in 1992

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Spanish/Mediterranean
  • Construction Materials: Stucco, Wood Frame, Wood Frame (FSC Certified)
  • Fireplace: No
  • Living Area: 5940
  • Lot Size Acres: 0.39
  • New Construction: No
  • Year Built: 1992
  • Building Area Total: 7324
  • Lot Size Sq Ft: 17044
  • Directions to Property: US-41 south to Black Burn Point Rd;After the bridge follow Casey Key Rd going South;After the first big bend the house will be on your left hand side.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4454895?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4454895?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.80452
  • Price per Sq Ft: 269.53
  • Close to Original List Price Ratio: 0.71156
  • Ratio: Current Price\Building Area Total: 218.6
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 4
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer
  • Foundation Details: Slab, Stilt/On Piling
  • Total Bedrooms: 5
  • Levels: Three Or More
  • Stories: 3
  • Street Number Modifier: 3616
  • Room Count: 14
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, French Doors, Lighting, Outdoor Kitchen, Rain Gutters
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch
  • Water View: Gulf/Ocean - Partial
  • Water Access: Beach - Access Deeded, Gulf/Ocean, Intracoastal Waterway
  • Water Extras: Dock - Open
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 1251440236

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Boat, Converted Garage, Driveway, Garage Door Opener, Garage Faces Side, Open, Oversized
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Sewer: Septic Tank
  • Water Source: Public, Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • 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: 0158040017
  • Additional Parcels: No
  • Lot Dimensions: 99x173
  • Flood Zone Code: A12
  • Flood Zone Date: 1984-05-01
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Buyer responsible to check for any new restrictions.

Tax Info

  • Tax Annual Amount: 8584.21
  • Tax Book Number: 19-15
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2019
Closed on
Feb 22, 2021
Sold by
Watson Joseph and Watson Marjorie
Bought by
Feld Andrew Craghan and Feld Karina Michel
Seller's Agent
Bradley Ayres
SUNCOAST HOMES REALTY
Buyer's Agent
Bradley Ayres
SUNCOAST HOMES REALTY
List Price
$1,999,000
Sold Price
$1,601,000
Premium/Discount to List
-$398,000
-19.91%
Total Days on Market
361
Current Estimated Value
$2,983,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,382,635
Avg. Annual Appreciation
15.58%
Original Mortgage
$1,280,800
Outstanding Balance
$1,161,116
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,822,519

Purchase Details

Closed on
Mar 20, 1996
Sold by
Giles William D and Giles Pamela D
Bought by
Joe Watson Inc
Source: Public Records

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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
Feld Andrew Craghan $1,601,000 Attorney
Joe Watson Inc $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feld Andrew Craghan $1,280,800
Previous Owner Watson Joseph $1,500,000
Previous Owner Watson Joseph $1,000,000
Previous Owner Watson Joseph $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2021 02/22/21 Sold $1,601,000 -19.5% $270 / Sq Ft
12/24/2020 12/24/20 Pending -- -- --
05/11/2020 05/11/20 Price Changed $1,990,000 -0.5% $335 / Sq Ft
05/11/2020 05/11/20 Price Changed $1,999,000 0.0% $337 / Sq Ft
05/11/2020 05/11/20 For Sale $1,999,000 +24.9% $337 / Sq Ft
03/25/2020 03/25/20 Off Market $1,601,000 -- --
01/20/2020 01/20/20 Price Changed $1,999,500 -11.1% $337 / Sq Ft
12/29/2019 12/29/19 For Sale $2,250,000 -- $379 / 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 $21,549 $1,931,800 $963,900 $967,900
2023 $21,549 $1,857,535 $0 $0
2022 $20,911 $1,749,000 $653,100 $1,095,900
2021 $8,528 $705,843 $0 $0
2020 $8,584 $696,098 $0 $0
2019 $8,328 $680,448 $0 $0
2018 $8,166 $667,761 $0 $0
2017 $8,135 $654,026 $0 $0
2016 $8,120 $1,099,800 $531,100 $568,700
2015 $8,274 $941,300 $392,400 $548,900
2014 $8,246 $621,746 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Bradley Ayres

    SUNCOAST HOMES REALTY

    (941) 803-7522

    1 in this area

    44 Total Sales

    Bradley Ayres
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4454895

Stellar MLS

APN: 0158-04-0017

Florida Sarasota County Nokomis 34275 Casey Key

3616 Casey Key Rd, Nokomis, FL

This home is located at 3616 Casey Key Rd, Nokomis, FL 34275 since 30 December 2019 and is currently estimated at $2,983,635, approximately $502 per square foot. This property was built in 1992. 3616 Casey Key Rd is a home located in Sarasota County with nearby schools including Laurel Nokomis School and Venice 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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