NOT LISTED FOR SALE

393 N Point Rd Unit 802 Osprey, FL 34229

Vamo Neighborhood

Estimated Value: $1,525,000 - $2,004,000

3 Beds
3.5 Baths
3,738 Sq Ft
$782/mo HOA Fee

Last Sold July 15, 2015

Last sale price $1,300,000 $348 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $11,795/month

437 Days on Market

Highlights

  • 500 Feet of Waterfront
  • White Water Ocean Views
  • Fitness Center
  • Riverview High School Rated A
  • Golf Course Community
  • Heated Indoor Pool

About This Home

As of July 2015

Nested in the prestigious gated community of "Oaks Preserve", this former Meridian penthouse MODEL "The Fairmont" has a unique floor plan with all available dreamed upgrades and is the largest model. The endless 180 degrees on Sarasota Bay and the Gulf of Mexico western water view with exquisite sunset is spectacular! 3,738 sf. inside and 4,311 sf. in total including one huge back screened terrace and a large front Balcony. The entire penthouse is bright and well lit, offering the panoramic view of the gulf, Casey key and the surrounding nature preserve. The decorator has played with shelving wall, mirrors, niches, and pillars to make the interior stylish and comfortable. The openness enables water views from the kitchen, the Breakfast nook, the dining room, the great room and the master suite! The second master suite has a direct access to the front balcony with view of Oaks Preserve and Park, as well as the third suite which has been converted into a large office with built in desks. The den which doubles as a media room is very comfortable and peaceful. The main master suite is so spacious with the sitting area overlooking the Gulf of Mexico! The luxurious Mater bath has everything what you need to relax in the jet tub or to enjoy the large walk in Shower. The Laundry is spacious with access to the service hall, trash chute and fire exit. The private 2 car garage and private storage complete this unique property. This penthouse is offered un furnished.

Last Agent to Sell the Property

Genevieve Poulain

HOMESEARCH REALTY &INVESTMENTS License #3253612 Listed on: 01/02/2014

Last Buyer's Agent

Janet Montgomery

License #3040976

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,041

Year Built

  • Built in 2001

Lot Details

  • 500 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Mature Landscaping

HOA Fees

  • $782 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking
  • Open Parking

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,738 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Storage Room
  • Inside Utility
  • Security System Owned

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Heated Indoor Pool
  • Saltwater Pool
  • Spa

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 802
  • Assessor Parcel Number 0133051122

Community Details

Overview

  • Association fees include community pool, insurance, maintenance structure, ground maintenance
  • Lighthouse Property Management Association
  • High-Rise Condominium
  • Meridian At The Oaks Preserve Community
  • Meridian At The Oaks Preserve Subdivision
  • The community has rules related to deed restrictions
  • 10-Story Property

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Park

Pet Policy

  • Pets Allowed
  • 2 Pets Allowed

Security

  • Security Service
  • Gated Community
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,041

Year Built

Built in 2001

Lot Details

0

HOA Fees

$782 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Insurance, Maintenance Structure, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3738
  • Lot Size Acres: 2.41
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 4311
  • Lot Size Sq Ft: 104980
  • Directions to Property: US41 to Oaks Preserve, Est side of US41, proceed thru guard gate to MERIDIAN Towers. Tale left to Tower 2
  • Status: Sold
  • Street Direction: N
  • Floor Number: 8
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 2 to less than 5
  • Home Warranty Y N: No
  • Subdivision Num: 8206
  • Property Description: High Rise
  • Ratio: Close Price\List Price: 0.93197
  • Price per Sq Ft: 347.78
  • Close to Original List Price Ratio: 0.86962
  • Ratio: Current Price\Building Area Total: 301.55
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2014
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Elevator, High Ceiling(s), Open Floorplan, Solid Surface Counters, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Stories: 10
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 393
  • Room Count: 10
  • Additional Rooms: Breakfast Room Separate, Formal Dining Room Separate, Great Room, Inside Utility, Media Room, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Storage
  • Pool Features: Heated, Indoor, Salt Water
  • Exterior Features: Balcony, Hurricane Shutters, Irrigation System, Sliding Doors, Storage
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Water View: Bay/Harbor - Full, Gulf/Ocean - Full, Intracoastal Waterway
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Waterfront Frontage: 500
  • Disclosures: Condominium Disclosure Available

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Guest, Secured
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Public, Street Lights
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric
  • Laundry Features: Corridor Access
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Golf, Irrigation-Reclaimed Water, Park, Pool, Tennis Courts, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Gated, Park, Recreation Facilities, Security, Storage, Tennis Court(s)
  • Association Fee: 2346
  • Association Fee Frequency: Quarterly
  • Association Name: Lighthouse property management
  • Association: Yes
  • Security: Gated Community, Secured Garage/Parking, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 599
  • Condo Fees Term: Quarterly
  • Monthly Condo Fee Amount: 200
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 11780
  • Monthly HOA Fee: 782
  • Total Monthly Fees: 981.67

Schools

  • Elementary School: Laurel Nokomis Elementary
  • High School: Venice Senior High
  • Middle Or Junior School: Laurel Nokomis Middle

Lot Info

  • Zoning: PUD
  • Parcel Number: 0133051122
  • Additional Parcels: No
  • Lot Features: In County
  • Millage Rate: 13.32
  • Future Land Use: 0405
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 13041
  • Tax Lot: 802

Multi Family

  • Waterfront Features: Bay/Harbor, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2025
Sold by
Brown Ernest A and Brown Kristin E
Bought by
Wolfe Randall C and Wolfe Elisa M
Current Estimated Value
$1,868,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$766,550
Outstanding Balance
$766,550
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$1,345,898

Purchase Details

Listed on
Jan 2, 2014
Closed on
Jul 14, 2015
Sold by
Jema Southwest Florida Inc
Bought by
Brown Ernest A and Brown Kristin E
Seller's Agent
Genevieve Poulain
HOMESEARCH REALTY &INVESTMENTS
Buyer's Agent
Janet Montgomery
List Price
$1,394,900
Sold Price
$1,300,000
Premium/Discount to List
-$94,900
-6.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%

Purchase Details

Closed on
Sep 29, 2006
Sold by
Fine Jeffrey J and Coyle Alana L
Bought by
Jema Southwest Florida Inc
Source: Public Records

Range of Values:

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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
Wolfe Randall C $2,000,000 None Listed On Document
Brown Ernest A $1,300,000 Attorney
Jema Southwest Florida Inc $1,650,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolfe Randall C $766,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2015 07/15/15 Sold $1,300,000 -6.8% $348 / Sq Ft
03/16/2015 03/16/15 Pending -- -- --
01/02/2015 01/02/15 For Sale $1,394,900 +7.3% $373 / Sq Ft
01/01/2015 01/01/15 Off Market $1,300,000 -- --
04/18/2014 04/18/14 Price Changed $1,394,900 -6.7% $373 / Sq Ft
01/02/2014 01/02/14 For Sale $1,494,900 -- $400 / 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 $13,754 $1,221,220 -- --
2023 $13,754 $1,110,200 $0 $1,110,200
2022 $14,728 $1,227,000 $0 $1,227,000
2021 $13,484 $1,047,300 $0 $1,047,300
2020 $12,908 $979,300 $0 $979,300
2019 $12,854 $981,500 $0 $981,500
2018 $13,419 $1,026,600 $0 $1,026,600
2017 $13,983 $1,053,000 $0 $1,053,000
2016 $14,325 $1,053,400 $0 $1,053,400
2015 $13,860 $990,800 $0 $990,800
2014 $13,041 $838,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D5796000

Stellar MLS

APN: 0133-05-1122