NOT LISTED FOR SALE

372 W Royal Flamingo Dr Sarasota, FL 34236

Estimated Value: $6,725,000 - $8,099,000

5 Beds
6.5 Baths
7,012 Sq Ft
$1,050/Sq Ft Est. Value

Last Sold February 17, 2015

Last sale price $3,875,000 $553 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $43,250/month

33 Days on Market

Highlights

  • 157 Feet of Waterfront
  • White Water Ocean Views
  • Boat Slip Deeded
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean
  • Boat Lift

About This Home

As of February 2015

Elegant Waterfront Bird Key Estate with panoramic western views across Sarasota Bay, from St. Armands Circle to Lido Key! Privately situated on almost half an acre, the fenced grounds are lushly landscaped with Mediterranean touches, including olives trees and rosemary. Over 7,000+ square feet of luxurious indoor living space encompasses 5 bedrooms, 6.5 bathrooms, 3-car garage, private elevator, formal living and dining room, kitchen with breakfast nook, family room, library, bonus room, and laundry room. Immerse yourself in luxury by stepping from the foyer into the formal living room, which features a two-story wall of windows and French doors offering magnificent views of the Bay, a dramatic 26’ ceiling, massive precast keystone gas fireplace, and Belize marble floors. The gourmet kitchen features stainless appliances - including a Viking Professional 6 Burner Gas stove, granite countertops and backsplash, and cherry hardwood cabinetry with brown glazing. Relax in the sumptuous Master Bath replete with a marble tiled shower for two; Jacuzzi tub; two walk-in closets; dual vanities each with a single sink; and two water closets - one with a bidet. Adjacent is the spacious Master Suite, which also provides convenient access to the veranda, just steps from the heated saltwater pool and spa. For the boating enthusiast, there is 150 ft. of bay frontage, including a 50 ft. dock and 15,000 lb. lift. Come experience the Bird Key Lifestyle! (Sellers cannot close until 12/01/14.)

Last Agent to Sell the Property

Lynne Koy

COLDWELL BANKER REALTY License #0461188 Listed on: 07/25/2014

COLDWELL BANKER REALTY

Last Buyer's Agent

Lynn McDonald

COLDWELL BANKER REALTY License #3123857

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,843

Year Built

  • Built in 1999

Lot Details

  • 0.45 Acre Lot
  • 157 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Street terminates at a dead end
  • East Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Property is zoned RSF1

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Custom Home
  • Traditional Architecture
  • Mediterranean Architecture
  • Bi-Level Home
  • Stem Wall Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 7,012 Sq Ft Home
  • Elevator
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Loft
  • Bonus Room
  • Storage Room
  • Inside Utility
  • White Water Ocean Views

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Gunite Pool
  • Saltwater Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • No Fixed Bridges
  • Seawall
  • Boat Lift
  • Boat Slip Deeded
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting

Location

  • Flood Zone Lot

Schools

  • Alta Vista Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

  • Bird Key Sub Community
  • Bird Key Sub Subdivision
  • The community has rules related to deed restrictions, fencing

Listing and Financial Details

  • Legal Lot and Block 21 / 4
  • Assessor Parcel Number 2014160008

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,843

Year Built

Built in 1999

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom, Mediterranean, Traditional
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 7012
  • Lot Size Acres: 0.45
  • New Construction: No
  • Year Built: 1999
  • Building Area Total: 9102
  • Lot Size Sq Ft: 19654
  • Directions to Property: From the John Ringling Causeway, turn onto Bird Key Drive. Follow Bird Key Drive past Yacht Club. Turn right on West Royal Flamingo and take all the way down to the cul-de-sac. Home (372) is on right.
  • Status: Sold
  • Street Direction: W
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Appraiser
  • Available for Lease YN: 1
  • List Office Head Office Key Nume: 1037306
  • Minimum Lease: 2 Months
  • RATIO Current Price By Calculate: 552.62
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 1
  • Planned Unit Development Yn: 0
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Elevator, High Ceilings, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Stem Wall
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 372
  • ResoLivingAreaSource: Appraiser
  • Additional Rooms: Bonus Room,Breakfast Room Separate,Den/Library/Office,Family Room,Formal Dining Room Separate,Formal Living Room Separate,Foyer,Great Room,Inside Utility,Loft,Media Room,Storage Rooms
  • Room Count: 15

Exterior Features

  • Direction Faces: East
  • Other Structures: Outdoor Kitchen
  • Pool Features: Gunite, Heated, In Ground, Salt Water
  • Exterior Features: Sliding Doors, Balcony, Hurricane Shutters, Irrigation System, Lighting, Outdoor Kitchen, Satellite Dish
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Access: Bay/Harbor,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Dock - Slip Deeded On-Site,Lift,Sailboat Water,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 157

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Gas
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Water Access
  • Association Amenities: Fence Restrictions
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Security System Owned
  • Senior Community: No
  • Association Fee Requirement: Required

Schools

  • Elementary School: Alta Vista Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2014160008
  • Additional Parcels: No
  • Lot Features: FloodZone, City Limits, Street Dead-End, Paved
  • Lot Dimensions: 108.78/172.89x148.9/150
  • Flood Zone Code: A13V17
  • Homestead YN: 1
  • Zoning Compatible YN: 1

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1

Tax Info

  • Tax Annual Amount: 39843
  • Tax Block: 4
  • Tax Book Number: 11-20
  • Tax Lot: 21

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2014
Closed on
Feb 17, 2015
Sold by
Massaro Anthony A and Massaro Eileen P
Bought by
King John F and King Joyce G
Seller's Agent
Lynne Koy
COLDWELL BANKER REALTY
Buyer's Agent
Lynn McDonald
COLDWELL BANKER REALTY
List Price
$4,500,000
Sold Price
$3,875,000
Premium/Discount to List
-$625,000
-13.89%
Current Estimated Value
$7,361,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,486,355
Avg. Annual Appreciation
6.18%
Original Mortgage
$2,000,000
Outstanding Balance
$1,460,579
Interest Rate
2.55%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,900,776

Purchase Details

Closed on
Nov 30, 2001
Sold by
Massaro Anthony A
Bought by
Massaro Anthony A and Massaro Eileen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 1999
Sold by
Mcfarlin Const Co Inc
Bought by
Massaro Anthony A and Masarro Eileen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
7.91%

Purchase Details

Closed on
Jun 22, 1998
Sold by
Hubbard Richard J and Hubbard Yvonne
Bought by
Mcfarlin Const Co Inc and Martel Dev Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
7.14%
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
King John F $3,875,000 Attorney
Massaro Anthony A -- --
Massaro Anthony A $2,500,000 --
Mcfarlin Const Co Inc $870,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King John F $2,000,000
Previous Owner Massaro Anthony A $850,000
Previous Owner Massaro Anthony A $1,400,000
Previous Owner Mcfarlin Const Co Inc $1,600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Off Market $3,875,000 -- --
02/17/2015 02/17/15 Sold $3,875,000 -13.9% $553 / Sq Ft
08/28/2014 08/28/14 Pending -- -- --
07/25/2014 07/25/14 For Sale $4,500,000 -- $642 / 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 $56,034 $3,986,574 -- --
2023 $56,034 $3,771,625 $0 $0
2022 $54,811 $3,661,772 $0 $0
2021 $55,255 $3,555,118 $0 $0
2020 $55,948 $3,506,034 $0 $0
2019 $54,118 $3,399,349 $0 $0
2018 $53,121 $3,326,300 $2,475,600 $850,700
2017 $57,926 $3,592,700 $2,679,900 $912,800
2016 $59,684 $3,637,600 $2,668,200 $969,400
2015 $57,070 $3,361,000 $2,449,600 $911,400
2014 $39,903 $2,322,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4102322

Stellar MLS

APN: 2014-16-0008