NOT LISTED FOR SALE

Estimated Value: $221,000 - $247,000

1 Bed
1 Bath
528 Sq Ft
$540/mo HOA Fee

Last Sold August 16, 2022

Last sale price $300,000 $568 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $2,115/month

18 Days on Market

Highlights

  • 96 Feet of Waterfront
  • Boat Dock
  • Intracoastal View
  • Englewood Elementary School Rated A-
  • Water access To Gulf or Ocean To Bay
  • In Ground Pool

About This Home

As of August 2022

~~~TIKI ON THE BAY~~~ brings ALL the charm of an “Old Florida Resort" LOCATED DIRECTLY on the sparkling waters of LEMON BAY with the INTRACOASTAL WATERWAY connecting you to the GULF OF MEXICO through STUMP PASS. Now, with only one question needing to be answered - How will you melt the stress away? Will it be lounging poolside or napping in the hammock that’s nestled between the Palm trees? Perhaps reading a good book under the shade of the Tiki or sipping a cool Beverage while relaxing on the sun deck gazing at the Spectacular Sunset? This solid block constructed cottage is being sold TURNKEY FURNISHED with the following updates: Roof 2019, Wall AC Units, Ceiling Fans & Microwave 2022. Custom Built Kitchen Cabinets & Bathroom Vanity included (buyer to install-countertops not included). The DOCK was renovated in 2018 and is equipped with Electric, Water and Fish Cleaning Station. Other Resort updates include Tiki Hut (Gazebo) 2020, POOL Completely Redone & Pool Equipment 2021. INCLUDED in your association fees: Cable, Water, Flood Insurance, Exterior Maintenance and more. BEST OF ALL, it is JUST 5 MINUTES AWAY from the PRISTINE BEACHES on MANASOTA KEY! Great local restaurants featuring Live Entertainment can be found on the Key or located on Historic Dearborn Street where Community Events, Festivals and the Farmers Market happens. Venture out and fill your days enjoying World Class Fishing, Boating (Marinas & Boat Clubs nearby), Kayaking, Jet Skiing, Beach Yoga, Biking, Golfing, Classes at the Englewood Art Center or Shopping at the Local Boutiques. Perfect for a RENTAL INVESTMENT or keep it for YOUR OWN VACATION RETREAT or utilize it as BOTH. Two repeat tenants already booked for 2023 season. Call today!

Last Agent to Sell the Property

Jennifer Guzik

MICHAEL SAUNDERS & COMPANY License #3437618 Listed on: 07/07/2022

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Carla Stiver

RE/MAX ALLIANCE GROUP License #3039882

RE/MAX ALLIANCE GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,286

Year Built

  • Built in 1969

Lot Details

  • 96 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Southeast Facing Home

HOA Fees

  • $540 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Intracoastal
  • Full Bay or Harbor
  • Pool

Home Design

  • Florida Architecture
  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 528 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Storage Room
  • Laminate Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Dock made with wood
  • Screened Patio
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, pool maintenance, sewer, trash, water
  • Sherry Newell Association, Phone Number (941) 716-1920
  • Tiki On The Bay Community
  • Tiki On The Bay Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Boat Dock
  • Community Pool
  • Fishing

Pet Policy

  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,286

Year Built

Built in 1969

Lot Details

0

HOA Fees

$540 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 528
  • New Construction: No
  • Year Built: 1969
  • Building Area Total: 672
  • Directions to Property: From SR776 (Indiana Ave) turn West onto Palm Grove Ave., then left onto S McCall Rd. Tiki on the Bay will be on the right-hand side (White Picket Fence) and #10 is the 2nd unit on right.
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6126294?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6126294?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 568.18
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 446.43
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 1
  • Window Features: Window Treatments
  • Street Number Modifier: 470
  • Room Count: 5
  • Additional Rooms: Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southeast
  • Pool Features: In Ground
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • View: Pool
  • Water Body Name: Lemon Bay
  • Waterfront: Yes
  • Patio and Porch Features: Porch, Screened
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Partial, Intracoastal Waterway
  • Water Access: Bay/Harbor, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Dock - Wood, Dock w/Electric, Fishing Pier
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 96
  • Water Frontage Feet Bay Harbor: 96
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Guest
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Other
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Pool, Water Access, Waterfront
  • Association Amenities: Boat Dock, Pool
  • Association Fee: 1620
  • Association Fee Frequency: Quarterly
  • Association Name: Sherry Newell
  • Phone: 941-716-1920
  • Association: Yes
  • Senior Community: No
  • Association Email: sporter34224@comcast.net
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 6480
  • Monthly HOA Fee: 540
  • Total Monthly Fees: 540

Lot Info

  • Zoning: RMF2
  • Parcel Number: 0504021010
  • Additional Parcels: No
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Number Limit, Yes
  • Minimum Lease: No Minimum
  • Pet Restrictions: Refer to Condo Docs
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Refer to Condo Docs

Tax Info

  • Tax Annual Amount: 2285.63
  • Tax Lot: 470

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Aug 15, 2022
Sold by
Spurgeon Judy E and Spurgeon Gerald C
Bought by
Wainwright Kathleen and Latto Antonio
Seller's Agent
Jennifer Guzik
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Carla Stiver
RE/MAX ALLIANCE GROUP
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$240,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,330
Avg. Annual Appreciation
-7.13%

Purchase Details

Closed on
Dec 14, 2016
Sold by
Mangani Marisa
Bought by
Spurgeon Judy E and Spurgeon Gerald C

Purchase Details

Closed on
Oct 6, 2004
Sold by
Mangani Marisa G
Bought by
Mangani Marisa
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
Wainwright Kathleen $300,000 Alliance Group Title
Spurgeon Judy E $176,900 First International Title In
Mangani Marisa -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2022 08/16/22 Sold $300,000 0.0% $568 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $300,000 -- $568 / 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 $2,950 $205,800 -- $205,800
2023 $2,950 $208,800 $0 $208,800
2022 $2,653 $201,700 $0 $201,700
2021 $2,286 $146,300 $0 $146,300
2020 $2,331 $148,500 $0 $148,500
2019 $2,290 $148,600 $0 $148,600
2018 $2,207 $144,100 $0 $144,100
2017 $2,164 $138,900 $0 $138,900
2016 $1,791 $108,100 $0 $108,100
2015 $1,786 $105,200 $0 $105,200
2014 $1,705 $98,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6126294

Stellar MLS

APN: 0504-02-1010