NOT LISTED FOR SALE

Estimated Value: $1,323,000 - $2,508,000

5 Beds
5 Baths
3,467 Sq Ft
$492/Sq Ft Est. Value

Last Sold April 02, 2025

Last sale price $1,325,000 $382 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $9,610/month

123 Days on Market

Highlights

  • In Ground Pool
  • Bonus Room
  • Den
  • Southside Elementary School Rated A
  • No HOA
  • 4-minute walk to Circle Park

About This Home

As of April 2025

OPPORTUNITY and LOCATION!! PRICE DROP! This expansive 11,472-square-foot lot, perfectly positioned near the world-class shopping, fine dining, and artistic allure of St. Armands Circle, offers the ideal setting for a luxurious coastal lifestyle. Featuring a 5-bedroom, 5-bathroom home sold AS-IS, this property has already undergone substantial recovery efforts following the recent hurricanes, including professional demo, mold remediation, and sanitization. Boasting a private pool and surrounded by tropical landscaping, the lot provides ample space for expansion, while the 40-foot maximum height restriction allows for a multi-level estate with sweeping views. Located just minutes from Lido Key Beach’s pristine shoreline, this property offers the perfect blend of serenity and sophistication. Whether you envision an elegant renovation or a brand-new build, this is a rare opportunity to own a piece of paradise in one of Sarasota’s most coveted locations. Schedule your private tour today!

Last Agent to Sell the Property

Janette Schafer

COLDWELL BANKER REALTY Brokerage Phone: 941-366-8070 License #3061893 Listed on: 11/15/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

Janette Schafer

COLDWELL BANKER REALTY Brokerage Phone: 941-366-8070 License #3061893 Listed on: 11/15/2024

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,077

Year Built

  • Built in 1955

Lot Details

  • 0.26 Acre Lot
  • Northwest Facing Home
  • Garden
  • Property is zoned RSF2

Parking

  • 1 Car Attached Garage
  • 1 Carport Space

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,467 Sq Ft Home
  • 2-Story Property
  • Sliding Doors
  • Family Room
  • Living Room
  • Den
  • Bonus Room
  • Concrete Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • 5 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Courtyard

Schools

  • Southside Elementary School
  • Booker Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • St Armands Division Community
  • Saint Armands DIV John Ringling Estates Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,077

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: Yes
  • Living Area: 3467
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 1955
  • Building Area Total: 4247
  • Lot Size Sq Ft: 11472
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 394.56
  • Escrow State: FL
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 382.17
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_InLawSuiteYN: 1
  • MFR_InLawSuiteDescription: 1 Bathroom,2+ Bathrooms
  • Attribution Contact: 941-366-8070
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Concrete
  • Full Bathrooms: 5
  • Interior Amenities: Other
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Den/Library/Office,Family Room
  • Living Area Meters: 322.09

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: In Ground
  • Exterior Features: Courtyard, Garden, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Southside Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 2014140007
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Buyer / Buyers Agent to verify all leasing restrictions with City of Sarasota.

Tax Info

  • Tax Annual Amount: 8076.77
  • Tax Block: 18
  • Tax Book Number: 2-30
  • Tax Lot: 12

Multi Family

  • Approval Process: Buyer / Buyers Agent to verify all leasing restrictions with City of Sarasota.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2024
Closed on
Apr 2, 2025
Sold by
Kasimakis Roy and Kasimakis Jocelyn
Bought by
St Armand Realty Llc
Seller's Agent
Janette Schafer
COLDWELL BANKER REALTY
Buyer's Agent
Janette Schafer
COLDWELL BANKER REALTY
List Price
$2,499,000
Sold Price
$1,325,000
Premium/Discount to List
-$1,174,000
-46.98%
Views
42
Current Estimated Value
$1,706,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,726
Avg. Annual Appreciation
39.53%

Purchase Details

Closed on
Oct 30, 1998
Sold by
Reese Edgar and Steele Barbara
Bought by
Kasimakis Roy and Kasimakis Jocelyn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
St Armand Realty Llc $1,325,000 None Listed On Document
Kasimakis Roy $290,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2025 04/02/25 Sold $1,325,000 -11.7% $382 / Sq Ft
03/18/2025 03/18/25 Pending -- -- --
03/06/2025 03/06/25 Price Changed $1,500,000 -25.0% $433 / Sq Ft
02/21/2025 02/21/25 Price Changed $1,999,000 +5.2% $577 / Sq Ft
02/21/2025 02/21/25 Price Changed $1,900,000 -24.0% $548 / Sq Ft
02/14/2025 02/14/25 For Sale $2,499,000 0.0% $721 / Sq Ft
01/03/2025 01/03/25 Pending -- -- --
11/15/2024 11/15/24 For Sale $2,499,000 -- $721 / 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
2025 $8,337 $1,133,500 $981,100 $152,400
2024 $8,077 $566,430 -- --
2023 $8,077 $549,932 $0 $0
2022 $7,877 $533,915 $0 $0
2021 $7,008 $466,325 $0 $0
2020 $7,081 $459,887 $0 $0
2019 $6,896 $449,547 $0 $0
2018 $6,781 $441,165 $0 $0
2017 $6,701 $432,091 $0 $0
2016 $6,659 $700,000 $445,500 $254,500
2015 $6,757 $676,100 $446,500 $229,600
2014 $6,748 $410,766 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4628892

Stellar MLS

APN: 2014-14-0007