NOT LISTED FOR SALE

500 Beach Rd Unit 1 Sarasota, FL 34242

Estimated Value: $3,370,793 - $3,977,000

3 Beds
3.5 Baths
3,091 Sq Ft
$1,159/Sq Ft Est. Value

Last Sold February 08, 2021

Last sale price $3,000,000 $971 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $22,066/month

157 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Water Access
  • In Ground Pool
  • Phillippi Shores Elementary School Rated A
  • Oak Trees
  • 0.7 Acre Lot

About This Home

As of February 2021

Directly on the white sands of Siesta Beach, this gorgeously updated Key West style beach house grants you the island lifestyle of your dreams. Easy accessibility to Siesta Key village has you within listening distance to local bands and Gulf waves from the luxury of your porch. On the first level, you find an impressive bonus/media room with a wet bar, half bathroom; under-air laundry room with access to the pool, and a generous four-car garage with room for all your beach toys. Tranquility abounds in upstairs living areas. Enjoy the ambiance of a crackling fire in the living room, complemented by soaring ceilings and expansive sliders overlooking the trees. Entertain guests of any occasion in the dining room that is open to the exquisite kitchen featuring a large cooktop island, Thermadore appliances, cabinet pantry, and coffee bar. The family room with sliding glass doors to covered patio and direct beach views affords the splendor of tropical breezes to drift through the home and effortless transition onto the wraparound deck. The third floor boasts the master retreat epitomizing sanctuary with an en-suite bath including dual sinks and shower, and private balcony. The whole family can claim their domains with the second bedroom providing a private bathroom and balcony and third bedroom offering access to the additional guest bath with privacy. This home is exquisitely designed by interior designer Meg Caswell from HGTV where no expenses were spared. All high-quality upgrades including Quarzite natural stone countertops, Ro Sham Beau lighting, custom cabinetry from Campbell's cabinets, backsplash by Ann Sachs, designer fabrics, custom vanities, and high end Kohler fixtures make this the home of your dreams. Impact glass windows and concrete hardy board on the exterior bestow peace of mind to last a lifetime. This gorgeous home combines the advantages of a large unattached home with the convenience of a small three-unit condominium association with rental income potential if you so choose. Whether you make this your primary residence, a vacation home, or investment property, this is a desirable home at an incredible opportunity for its premium Siesta Key location and return on investment. Your paradise dreams are realized on the Gulf of Mexico’s Siesta Beach.

Last Agent to Sell the Property

Tammy Mast

MICHAEL SAUNDERS & COMPANY License #3040067 Listed on: 08/07/2020

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Tammy Mast

MICHAEL SAUNDERS & COMPANY License #3040067 Listed on: 08/07/2020

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,466

Year Built

  • Built in 1978

Lot Details

  • 0.7 Acre Lot
  • Property fronts gulf or ocean
  • Property fronts a public beach
  • Street terminates at a dead end
  • East Facing Home
  • Wood Fence
  • Mature Landscaping
  • Level Lot
  • Unpaved Streets
  • Oak Trees
  • Property is zoned RMF3

Parking

  • 4 Car Attached Garage
  • Split Garage
  • Ground Level Parking
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • Parking Garage Space
  • Open Parking
  • Golf Cart Parking

Home Design

  • Key West Architecture
  • Slab Foundation
  • Metal Roof
  • Cement Siding

Interior Spaces

  • 3,091 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • ENERGY STAR Qualified Windows
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Bonus Room
  • Utility Room
  • Water Views
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Shower
  • Pool Lighting

Outdoor Features

  • Water Access
  • Deck
  • Wrap Around Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • Property is near public transit

Schools

  • Southside Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 0082133001

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include community pool, ground maintenance, pool maintenance
  • Beach Road Condo Assoc Association
  • Siesta Beach House Community
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,466

Year Built

Built in 1978

Lot Details

0

Parking

4

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Grounds, Pool Maintenance
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Key West
  • Property Description: Elevated, Walk-Up
  • Disaster Mitigation: Hurricane Shutters/Windows
  • Water Extras: Skiing Allowed
  • Water View: Yes
  • Construction Materials: Cement Siding
  • Fireplace: Yes
  • Living Area: 3091.00
  • Lot Size Acres: 0.70
  • Year Built: 1978
  • Building Area Total: 4693.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4474527?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4474527?w=Customer
  • Lot Size Sq Ft: 30279
  • Building Search Sq Meters: 435.99
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4474527?w=PubMLS
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 13
  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Additional Rooms: Attic, Bonus Room, Family Room, Inside Utility
  • Flooring: Carpet, Ceramic Tile, Engineered Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Ice Maker, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Floor Number: 1
  • Levels: Three Or More
  • Stories: 3
  • Window Features: Blinds, Drapes, ENERGY STAR Qualified Windows, Window Treatments
  • Living Area Meters: 287.16

Exterior Features

  • Direction Faces: East
  • Water Extras: Yes
  • Waterfront Feet Private Beach: 108
  • Water Access: Beach - Access Deeded, Beach - Public, Gulf/Ocean
  • Pool Features: Gunite, In Ground, Lighting
  • Exterior Features: Fenced, Lighting, Outdoor Shower, Rain Gutters, Sliding Doors
  • Roof: Metal
  • Water View: Beach, Gulf/Ocean - Full
  • Flood Zone Code: VE
  • Flood Zone Date: 11/04/2016
  • Flood Zone Panel: 12115C0143F
  • Water Access: Yes
  • Pool Private: Yes
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Rear Porch, Side Porch, Wrap Around

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Side, Golf Cart Parking, Ground Level, Guest, Open, Oversized, Split Garage, Under Building

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Siesta Beach House
  • Community Features: Deed Restrictions, Pool, Sidewalk, Water Access, Waterfront
  • Building Name Number: 500
  • Condo Fees: 450
  • Condo Fees Term: Quarterly
  • Max Pet Weight: 100
  • Monthly Condo Fee Amount: 150
  • Association Amenities: Pool
  • Association Name: Beach Road Condo Assoc
  • Association: Yes
  • Security: Security Lights, Smoke Detector(s)

Fee Information

  • Waterfront Frontage: 108
  • Total Annual Fees: 1800.00
  • Total Monthly Fees: 150.00

Schools

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

Lot Info

  • Zoning Compatible: Yes
  • Total Acreage: 1/2 to less than 1
  • Zoning: RMF3
  • Parcel Number: 0082133001
  • Fencing: Wood
  • Lot Features: CoastalConstruction Control Line, Flood Insurance Required, FloodZone, In County, Level/Flat, Near Public Transit, Street Dead-End, Street Unpaved
  • Lot Size Square Meters: 2813

Rental Info

  • Minimum Lease: 1-7 Days
  • Additional Lease Restrictions: As per Siesta Key regulations.
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 22466.00
  • Tax Book Number: 12-12
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Beach - Public, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Feb 8, 2021
Sold by
Amundsen Carl A and Amundsen Mary Ann
Bought by
Bontrager Jason Scott and Bontrager Jason Scott
Seller's Agent
Tammy Mast
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Tammy Mast
MICHAEL SAUNDERS & COMPANY
List Price
$3,500,000
Sold Price
$3,000,000
Premium/Discount to List
-$500,000
-14.29%
Current Estimated Value
$3,583,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$583,698
Avg. Annual Appreciation
3.88%

Purchase Details

Closed on
Oct 1, 2015
Sold by
Johnson Judith H
Bought by
The Carl A Amundsen & Mary Ann Amundsen

Purchase Details

Closed on
Dec 15, 1993
Sold by
Weiss Paul and Weiss Carol Ann
Bought by
Vorce Richard and Vorce Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.14%
Source: Public Records

Range of Values:

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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
Bontrager Jason Scott $3,000,000 Attorney
The Carl A Amundsen & Mary Ann Amundsen $1,780,000 Attorney
Vorce Richard $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vorce Richard $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2021 02/08/21 Sold $3,000,000 -6.3% $971 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
01/04/2021 01/04/21 Price Changed $3,200,000 -8.6% $1,035 / Sq Ft
08/07/2020 08/07/20 For Sale $3,500,000 -- $1,132 / 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 $35,896 $3,078,100 -- $3,078,100
2023 $35,896 $3,036,300 $0 $3,036,300
2022 $33,986 $2,846,700 $0 $2,846,700
2021 $25,606 $2,147,300 $0 $2,147,300
2020 $22,466 $1,751,200 $0 $1,751,200
2019 $22,705 $1,779,500 $0 $1,779,500
2018 $23,032 $1,803,100 $0 $1,803,100
2017 $22,539 $1,732,700 $0 $1,732,700
2016 $20,014 $1,504,400 $0 $1,504,400
2015 $19,807 $1,623,600 $0 $1,623,600
2014 $19,046 $995,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4474527

Stellar MLS

APN: 0082-13-3001