$475,000
SOLD AUG 30, 2021

Siesta Towers 4822 Ocean Blvd Unit 2F Sarasota, FL 34242

2 Beds
2 Baths
1,435 Sq Ft
$880/mo HOA Fee

Recently Sold

$331 Per Sq Ft

6% Above List Price

3 Days on Market

Highlights

  • 240 Feet of Ocean or Gulf Waterfront
  • Water access To Gulf or Ocean
  • Fishing
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • Full Gulf or Ocean Views

About This Home

As of January 2025

Welcome to the least expensive, waterfront with true waterview, condominium on ALL of Siesta Key! In addition, with offering an immersive 1,435sf of living space, this is one of the largest two-bedroom condominium units available on the entire island. Primed for a full renovation to suit your taste, or an excellent opportunity for the investor minded, the choices abound here and the pricing certainly confirms that. Featuring a massive great room layout, bookended by two en-suite bedrooms, the floorplan itself is difficult to beat. All of this located just a 5-minute walk from Siesta Village, this is an absolute must-see opportunity for the dollar.

Last Agent to Sell the Property

Brian Loebker

MICHAEL SAUNDERS & COMPANY License #3264334 Listed on: 08/05/2021

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Bruce Rush

RE/MAX ALLIANCE GROUP License #3401881

RE/MAX ALLIANCE GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,091

Year Built

  • Built in 1973

Lot Details

  • Northwest Facing Home

HOA Fees

  • $880 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 1,435 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Sliding Doors
  • Laundry in Hall

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Water access To Gulf or Ocean
  • Fishing Pier
  • Seawall
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, ground maintenance, management, trash, water
  • Lisa Martin Association
  • Siesta Towers Community
  • Siesta Towers Subdivision

Recreation

  • Fishing

Pet Policy

  • No Pets Allowed

Additional Features

  • Card or Code Access
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,091

Year Built

Built in 1973

Lot Details

0

HOA Fees

$880 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Maintenance Grounds, Management, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1435
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 1820
  • Directions to Property: From Ocean Blvd. turn into 4822 Ocean Blvd., Siesta Tower, and locate a guest parking space facing the main road.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 331.01
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Property Description: Corner Unit,High Rise
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Elevator, Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Street Number Modifier: 4822
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 133.32
  • Room Count: 3

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: Sliding Doors
  • Roof: Built-Up, Membrane
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Screened
  • Road Surface Type: Asphalt
  • Water Access: Gulf/Ocean
  • Water Extras: Fishing Pier,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 240
  • Water Frontage Feet Gulf Ocean: 240

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Guest, Under Building

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Corridor Access
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fishing, Fitness Center, Pool, Water Access, Waterfront
  • Association Amenities: Elevator(s), Fitness Center, Lobby Key Required, Pool
  • Association Name: Lisa Martin
  • Association: Yes
  • Senior Community: No
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Building Name Number: SIESTA TOWERS
  • Condo Fees: 880
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: lisamartin@mgmt.tv
  • Monthly Condo Fee Amount: 880

Fee Information

  • Total Annual Fees: 10560.00
  • Total Monthly Fees: 880.00

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0080011006
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Ask Association

Tax Info

  • Tax Annual Amount: 2091
  • Tax Book Number: 6-27
  • Tax Lot: 2F

Multi Family

  • Waterfront Features: Gulf/Ocean
  • Approval Process: Ask Association

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2024
Closed on
Jan 15, 2025
Sold by
Mechigian Julie A and Kevin & Julie Mechigian Revocable Living
Bought by
Clarney Holdings Llc
Seller's Agent
Lee Brewer
RE/MAX ALLIANCE GROUP
Buyer's Agent
Rachel Tritschler
RE/MAX ALLIANCE GROUP
List Price
$994,000
Sold Price
$850,000
Premium/Discount to List
-$144,000
-14.49%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.55%
Original Mortgage
$595,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2023
Sold by
Drakester Development Llc
Bought by
Kevin H Mechigian And Julie A Mechigian Revoc

Purchase Details

Listed on
Aug 5, 2021
Closed on
Aug 30, 2021
Sold by
Markarian James A and Donikian Mary A
Bought by
Drakester Development Llc
Seller's Agent
Brian Loebker
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Bruce Rush
RE/MAX ALLIANCE GROUP
List Price
$450,000
Sold Price
$475,000
Premium/Discount to List
$25,000
5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.92%

Purchase Details

Closed on
Oct 25, 1995
Sold by
Donikian Mary A
Bought by
Donikian Mary A
Source: Public Records

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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 $850,000 None Listed On Document
Warranty Deed $100 None Listed On Document
Warranty Deed $100 --
Warranty Deed $475,000 Attorney
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $595,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2025 04/12/25 Price Changed $9,000 -10.0% $6 / Sq Ft
02/21/2025 02/21/25 Price Changed $10,000 +11.1% $7 / Sq Ft
02/18/2025 02/18/25 Price Changed $9,000 +12.5% $6 / Sq Ft
01/31/2025 01/31/25 For Rent $8,000 0.0% --
01/21/2025 01/21/25 Sold $850,000 -14.5% $592 / Sq Ft
12/08/2024 12/08/24 Pending -- -- --
12/08/2024 12/08/24 For Sale $994,000 +109.3% $693 / Sq Ft
11/30/2021 11/30/21 Off Market $475,000 -- --
08/30/2021 08/30/21 Sold $475,000 +5.6% $331 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $450,000 -- $314 / 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 $7,776 $695,000 -- $695,000
2023 $7,776 $656,600 $0 $656,600
2022 $6,288 $496,200 $0 $496,200
2021 $4,998 $374,100 $0 $374,100
2020 $2,091 $169,605 $0 $0
2019 $2,006 $165,792 $0 $0
2018 $1,948 $162,701 $0 $0
2017 $1,936 $159,355 $0 $0
2016 $1,952 $291,300 $0 $291,300
2015 $1,983 $258,500 $0 $258,500
2014 $1,974 $151,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4508198

Stellar MLS

APN: 0080-01-1006