NOT LISTED FOR SALE

408 S Casey Key Rd Unit 1to6 Nokomis, FL 34275

Casey Key Neighborhood

Estimated Value: $5,621,829

9 Beds
6 Baths
5,992 Sq Ft
$31/mo HOA Fee

Last Sold April 19, 2023

Last sale price $6,250,000 $1,043 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $32,710/month

Highlights

  • 100 Feet of Ocean or Gulf Waterfront
  • Beach Access
  • Custom Home
  • Laurel Nokomis School Rated A-
  • Full Gulf or Ocean Views
  • 1.1 Acre Lot

About This Home

As of April 2023

This is a 6 appartments can be coverted in single condos
3 - 2 bedrooms 1 baths and 3 - 1 bedroom 1 bath
please look at MLS#: A4554388 and A4556281 for more information

Last Agent to Sell the Property

Daniel Matusiak

COMPASS FLORIDA LLC License #0577641 Listed on: 02/06/2023

COMPASS FLORIDA LLC

Last Buyer's Agent

Ryan Miller

HARRY ROBBINS ASSOC INC License #3457308

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,968

Year Built

  • Built in 1967

Lot Details

  • 100 Feet of Ocean or Gulf Waterfront
  • East Facing Home
  • Wood Fence
  • Landscaped with Trees

HOA Fees

  • $31 Monthly HOA Fees

Home Design

  • Custom Home
  • Entry on the 2nd floor
  • Turnkey
  • Slab Foundation
  • Membrane Roofing
  • Built-Up Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 5,992 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Living Room
  • Full Gulf or Ocean Views

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Home Security

Outdoor Features

  • Outdoor Shower
  • Beach Access
  • Water access To Gulf or Ocean
  • Balcony
  • Enclosed Patio or Porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • 1 Septic Tank
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Mid-Rise Condominium
  • Casey Key Community
  • Casey Key Subdivision

Pet Policy

  • No Pets Allowed

Security

  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,968

Year Built

Built in 1967

Lot Details

0

HOA Fees

$31 per month

Listing Details

  • HOA Fee Includes: Other
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 5992
  • Lot Size Acres: 1.1
  • New Construction: No
  • Year Built: 1967
  • Building Area Total: 6200
  • Lot Size Sq Ft: 38907
  • Directions to Property: US 41 to Albee over the bridge on Casey Key turn left to the property on the Gulf side
  • Status: Sold
  • Street Direction: S
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 1047430
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 1043.06
  • Total Acreage: 1 to less than 2
  • Unit Number YN: 0
  • Water Access YN: 1
  • Property Description: Mid Rise
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 6
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 9
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 408
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 556.67
  • Room Count: 4

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Hurricane Shutters, Outdoor Grill, Outdoor Shower, Sliding Doors
  • Roof: Built-Up, Membrane
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Screened
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water Access: Beach,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 100
  • Water Frontage Feet Gulf Ocean: 100

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Water Source: Public
  • Number Of Septics: 1

Condo/Co-op/Association

  • Community Features: Waterfront
  • Association Fee: 375
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Optional
  • Building Name Number: WEST WIND
  • Condo Land Included YN: 1
  • Montly Maint Amt Addition To HOA: 0

Fee Information

  • Total Annual Fees: 375.00
  • Total Monthly Fees: 31.25
  • Monthly HOA Amount: 31.25

Lot Info

  • Zoning: RE2
  • Parcel Number: 0174070003
  • Additional Parcels: No
  • Fencing: Wood
  • Flood Zone Code: ve
  • Homestead YN: 0
  • Lot Size Square Meters: 3615

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 22968.36
  • Tax Lot: 14

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
Apr 19, 2023
Sold by
Smetts Robert E
Bought by
Casey Key Holding Group Llc
Seller's Agent
Daniel Matusiak
COMPASS FLORIDA LLC
Buyer's Agent
Ryan Miller
HARRY ROBBINS ASSOC INC
List Price
$7,690,000
Sold Price
$6,250,000
Premium/Discount to List
-$1,440,000
-18.73%
Current Estimated Value
$5,621,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$628,171
Avg. Annual Appreciation
-3.00%
Original Mortgage
$4,650,000
Outstanding Balance
$3,049,118
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$2,756,074
Source: Public Records

Range of Values:

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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
Casey Key Holding Group Llc $6,250,000 Sarasota Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casey Key Holding Group Llc $4,650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2023 04/19/23 Sold $6,250,000 -18.7% $1,043 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
02/06/2023 02/06/23 For Sale $7,690,000 -- $1,283 / 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 $35,874 $3,602,400 $2,875,100 $727,300
2023 $35,874 $3,782,900 $2,975,000 $807,900
2022 $25,653 $2,264,000 $2,222,100 $41,900
2021 $22,968 $1,864,400 $1,823,800 $40,600
2020 $22,428 $1,778,500 $1,711,100 $67,400
2019 $25,479 $2,207,900 $2,140,400 $67,500
2018 $24,673 $2,208,000 $2,140,400 $67,600
2017 $22,972 $1,492,717 $0 $0
2016 $22,780 $2,029,900 $1,962,700 $67,200
2015 $20,358 $1,715,900 $1,648,700 $67,200
2014 $15,200 $1,097,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4559876

Stellar MLS

APN: 0174-07-0003