$10,500,000
SOLD OCT 31, 2019

3799 Flamingo Ave Sarasota, FL 34242

4 Beds
6 Baths
8,138 Sq Ft
1.4 Acres

Recently Sold

$1,290 Per Sq Ft

24% Below List Price

267 Days on Market

Highlights

  • 727 Feet of Waterfront
  • White Water Ocean Views
  • Boat Lift
  • Phillippi Shores Elementary School Rated A
  • Access To Intracoastal Waterway
  • Heated Infinity Pool

About This Home

As of October 2019

Inspired island living. Located on the north end of world-famous Siesta Key, this impressive estate is brilliantly designed to deliver the perfect balance between architecture, design and home décor while taking full advantage of its incredible peninsular setting with over 700 waterfront feet. Designed for entertaining and a relaxed island lifestyle, this home features multiple entertaining spaces both inside and out that flow seamlessly together through the use of the expansive walls of glass, a strong cohesive color palette, and the same rich wood and stone floor materials throughout. Exotic stone, intricate moldings and trim, coffered ceiling designs and textured wall coverings add depth and warmth and further enhance the symmetry from room to room. Complementing the interior, the outdoor space offers some of the best resort style living in all of Florida complete with infinity edge pool and swim-up pool bar, seating area with fire pit which is recessed into the pool, dining pavilion with living wall, spa, outdoor kitchen, and koi pond. A well-equipped boat dock with lift, a paddleboard launch, a tackle room and a sports storage room will please the waterfront lifestyle enthusiast. New seawall, garage space for 10+ cars, gym, full house generator, Crestron home automation system and reverse osmosis water filtration system are just a few of the technical highlights of this incredible home. Discover and enjoy your island paradise immediately – interior design by MONIOMI from Miami.

Last Agent to Sell the Property

Joel Schemmel

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3060476

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Curt Cogan

COGAN REALTY LLC License #462035

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $79,149

Year Built

  • Built in 2016

Lot Details

  • 1.4 Acre Lot
  • Home fronts a lagoon or estuary
  • 727 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • North Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Well Sprinkler System
  • Landscaped with Trees
  • Property is zoned RSF1

Parking

  • 10 Car Attached Garage
  • Split Garage
  • Portico
  • Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • White Water Ocean
  • Intracoastal
  • Lagoon
  • Canal
  • Pool

Home Design

  • Custom Home
  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 8,138 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Shades
  • Blinds
  • Sliding Doors
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Bonus Room
  • Storage Room
  • Inside Utility

Kitchen

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

Flooring

  • Wood
  • Marble
  • Porcelain Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer

Home Security

  • Security System Owned
  • Security Gate
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Insulation
  • Whole House Water Purification

Pool

  • Heated Infinity Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Outdoor Shower
  • Pool Lighting

Outdoor Features

  • Access To Intracoastal Waterway
  • Access To Lagoon or Estuary
  • Access to Bay or Harbor
  • Access to Saltwater Canal
  • Dock has access to water
  • Seawall
  • Rip-Rap
  • Boat Lift
  • Balcony
  • Deck
  • Enclosed patio or porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill
  • Rain Gutters

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Well
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Flood Zone Lot

Community Details

  • No Home Owners Association
  • Built by BW Saba Inc.
  • Bay Island Community
  • Siesta Key Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$79,149

Year Built

Built in 2016

Lot Details

0

Parking

10

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 8138
  • Lot Size Acres: 1.4
  • New Construction: No
  • Year Built: 2016
  • Accessibility Features: Accessible Elevator Installed
  • Building Area Total: 18706
  • Lot Size Sq Ft: 60968
  • Directions to Property: West on Siesta Dr to Flamingo Ave. Turn left/south on Flamingo Ave off Siesta Dr. Follow Flamingo straight and home will be on the left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4420743&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4420743&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.7554
  • Price per Sq Ft: 1290.24
  • Close to Original List Price Ratio: 0.7554
  • Ratio: Current Price\Building Area Total: 561.32
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room, Master Bedroom
  • Living Area Units: Square Feet
  • Flooring: Marble, Porcelain Tile, Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Central Vaccum, Eating Space In Kitchen, Elevator, High Ceiling(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Tray Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Other, Whole House R.O. System
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Window Features: Blinds, Shades, Thermal Windows, Window Treatments
  • Street Number Modifier: 3799
  • Room Count: 14
  • Additional Rooms: Bonus Room, Den/Library/Office, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Great Room, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Other Structures: Outdoor Kitchen, Storage
  • Pool Features: Gunite, Heated, In Ground, Infinity, Lighting, Salt Water
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Sliding Doors, Storage
  • Roof: Tile
  • Pool Private: Yes
  • View: Pool, Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Enclosed, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Canal, Intracoastal Waterway, Lagoon
  • Water Access: Bay/Harbor, Canal - Saltwater, Intracoastal Waterway, Lagoon
  • Water Extras: Dock w/Electric, Dock w/Water Supply, Lift, Riprap, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0141F
  • Waterfront Frontage: 727
  • Water Frontage Feet Lagoon: 308
  • Water Frontage Feet Bay Harbor: 188
  • Water Frontage Feet Canal Salt: 231
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 10
  • Garage Yn: Yes
  • Parking Features: Covered, Driveway, Garage Door Opener, Guest, Oversized, Portico, Split Garage
  • Covered Parking Spaces: 10
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sprinkler Well
  • Cooling: Central Air, Zoned
  • Heating: Central, Natural Gas, Zoned
  • Laundry Features: Inside, Upper Level
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Closed Circuit Camera(s), Security Gate, Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2019150017
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Oversized Lot
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Insulation
  • Green Water Conservation: Whole House Water Purification

Building Info

  • Builder Name: BW Saba Inc.

Rental Info

  • Furnished: Unfurnished
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 79149
  • Tax Book Number: 2-171
  • Tax Lot: 98

Multi Family

  • Waterfront Features: Bay/Harbor, Canal - Saltwater, Lagoon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2018
Closed on
Oct 31, 2019
Sold by
Jessen Christopher J and Jessen Laura J
Bought by
Rg Trust Services Llc and The Flamingo Avenue Trust
Seller's Agent
Joel Schemmel
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Curt Cogan
COGAN REALTY LLC
List Price
$13,900,000
Sold Price
$10,500,000
Premium/Discount to List
-$3,400,000
-24.46%
Total Days on Market
267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.63%

Purchase Details

Closed on
Jun 1, 2011
Sold by
Maggio Family Limited Partnership
Bought by
Jessen Christopher J and Goldblatt Laura J

Purchase Details

Closed on
Apr 6, 2006
Sold by
Maggio Charles I and Maggio Margaret E
Bought by
Maggio Family Lp

Map

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 Type Sale Price Title Company
Warranty Deed $10,500,000 Attorney
Warranty Deed $1,930,000 Attorney
Special Warranty Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,000,000 New Conventional
Previous Owner $1,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $650,000 Commercial
Previous Owner $300,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 For Sale $18,900,000 +80.0% $2,322 / Sq Ft
10/31/2019 10/31/19 Sold $10,500,000 -24.5% $1,290 / Sq Ft
08/30/2019 08/30/19 Pending -- -- --
12/06/2018 12/06/18 For Sale $13,900,000 -- $1,708 / Sq Ft
Source: Stellar MLS

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 $107,019 $9,352,730 -- --
2023 $107,019 $9,080,320 $0 $0
2022 $104,829 $8,815,845 $0 $0
2021 $105,297 $8,559,073 $0 $0
2020 $106,201 $8,440,900 $3,304,900 $5,136,000
2019 $80,462 $6,404,800 $0 $0
2018 $79,150 $6,285,378 $0 $0
2017 $78,909 $6,156,100 $0 $0
2016 $24,345 $2,361,700 $2,337,400 $24,300
2015 $24,507 $2,358,200 $2,353,600 $4,600
2014 $22,713 $914,400 $0 $0
Source: Public Records

Source: Stellar MLS

MLS Number: A4420743

Stellar MLS

APN: 2019-15-0017