NOT LISTED FOR SALE

506 Bayshore Dr Osprey, FL 34229

Estimated Value: $3,323,501 - $5,550,000

5 Beds
7 Baths
5,806 Sq Ft
$780/Sq Ft Est. Value

Sale Details

Date Sold: December 17, 2012

Last sale price $2,700,000 $465 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $25,914 / mo

641 Days on Market

Highlights

  • 410 Feet of Waterfront
  • White Water Ocean Views
  • Deeded Boat Dock
  • Laurel Nokomis School Rated A-
  • Access To Intracoastal Waterway
  • Boat Lift

About This Home

As of December 2012

Only a select few will be able to have the opportunity to enjoy the utmost privacy in this exquisite Bayfront estate, completely walled & gated with full bayfront views. Upon entering the nearly acre lot soaring royal palms line the long brick driveway. A solid mahogany door welcomes you as you enter into a one of a kind home built with the finest materials for those who enjoy the good life. A 50 ft. private dock is situated along the side of the house enabling stunning sunset views from the back of the home overlooking the infinity edge pool. The high quality finishes throughout are astounding from the intricate, custom ironwork on the stair railings to the travertine flooring. The Gourmet chef's kitchen features top of the line appliances & finishes. This showcase home also has a home theatre with state of the art electronics, a Mother-in-law suite and an extensive covered outdoor entertaining area complete with an outdoor kitchen. Three stone fireplaces throughout the home add ambiance to the already surreal 180 degree water views.

Last Agent to Sell the Property

Anthony Almengual

BRIGHT REALTY License #0684697 Listed on: 01/21/2011

BRIGHT REALTY

Last Buyer's Agent

Pam Alexander & Nick Sorrentino

BRIGHT REALTY License #0708106

BRIGHT REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,295

Year Built

  • Built in 2006

Lot Details

  • 31,232 Sq Ft Lot
  • 410 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • Fenced
  • Mature Landscaping
  • Oversized Lot
  • Irrigation
  • Property is zoned RSF1

Parking

  • 3 Car Attached Garage

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,806 Sq Ft Home
  • Wet Bar
  • Bar Fridge
  • Crown Molding
  • Cathedral Ceiling
  • Gas Fireplace
  • Blinds
  • Family Room with Fireplace

Kitchen

  • Built-In Convection Oven
  • Microwave
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • Infinity Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Access to Saltwater Canal
  • Boat Lift
  • Deeded Boat Dock
  • Balcony
  • Outdoor Kitchen
  • Exterior Lighting

Utilities

  • Zoned Cooling
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Bay Acres Sub Community
  • Bay Acres Resub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0148030006

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,295

Year Built

Built in 2006

Lot Details

0.72 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 5806
  • Lot Size Acres: 0.72
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 8252
  • Lot Size Sq Ft: 31232
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 766.64
  • RATIO Current Price By Calculate: 465.04
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 1
  • MFR_DockDescription: Dock - Slip Deeded On-Site
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Family Room, Primary Bedroom
  • Living Area Units: Square Feet
  • Flooring: Marble, Wood
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Central Vaccum, Crown Molding, Solid Wood Cabinets, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Dryer, Microwave, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Spa Yn: Yes
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 539.40

Exterior Features

  • Other Structures: Outdoor Kitchen
  • Pool Features: Infinity
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Kitchen, Outdoor Shower
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Water Access: Bay/Harbor,Canal - Saltwater,Intracoastal Waterway
  • Water Extras: Lift
  • Water View: Bay/Harbor - Full,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 410

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Oversized

Utilities

  • Cooling: Zoned
  • Heating: Heat Pump
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0148030006
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: Oversized Lot
  • Future Land Use: 0100

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2012-12-17T00:00:00.000

Tax Info

  • Tax Annual Amount: 27295
  • Tax Book Number: 0007/0016

Multi Family

  • Waterfront Features: Bay/Harbor, Canal - Saltwater, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2011
Closed on
Dec 14, 2012
Sold by
Gracyn Llc
Bought by
Bhanot Sumeet and Bhanot Kelly
Seller's Agent
Anthony Almengual
BRIGHT REALTY
Buyer's Agent
Pam Alexander & Nick Sorrentino
BRIGHT REALTY
List Price
$3,095,000
Sold Price
$2,700,000
Premium/Discount to List
-$395,000
-12.76%
Current Estimated Value
$4,527,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,827,167
Avg. Annual Appreciation
3.94%
Original Mortgage
$1,889,510
Outstanding Balance
$323,900
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,203,267

Purchase Details

Closed on
Sep 4, 2012
Sold by
Brandt Brian P and Brandt Lisa L
Bought by
Gracyn Llc

Purchase Details

Closed on
Jul 17, 2009
Sold by
Hall C Bradley and Hall Jennie S
Bought by
Brandt Brian P and Brandt Lisa L

Purchase Details

Closed on
Aug 15, 2003
Sold by
Hall C Bradley and Bradley Hall C
Bought by
Hall C Bradley and Bradley Hall C

Purchase Details

Closed on
Jul 31, 2002
Sold by
Martell Robert and Martell Deborah
Bought by
Hall C Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
6.62%

Purchase Details

Closed on
Jul 23, 2002
Sold by
Downs Harry C
Bought by
Martell Robert and Martell Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
6.62%
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 Buyer Sale Price Title Company
Bhanot Sumeet $2,700,000 Stewart Title Company
Gracyn Llc -- Attorney
Brandt Brian P $2,195,000 Attorney
Hall C Bradley $513,900 --
Hall C Bradley $1,300,000 --
Martell Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhanot Sumeet $1,889,510
Previous Owner Hall C Bradley $1,040,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2012 12/17/12 Sold $2,700,000 -12.8% $465 / Sq Ft
10/24/2012 10/24/12 Pending -- -- --
01/21/2011 01/21/11 For Sale $3,095,000 -- $533 / Sq Ft
Source: Stellar MLS

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 $24,912 $2,141,952 -- --
2024 $24,233 $2,081,586 -- --
2023 $24,233 $2,020,957 $0 $0
2022 $23,676 $1,962,094 $0 $0
2021 $23,656 $1,904,946 $0 $0
2020 $23,833 $1,878,645 $0 $0
2019 $23,183 $1,836,408 $0 $0
2018 $22,785 $1,802,167 $0 $0
2017 $22,712 $1,765,100 $738,400 $1,026,700
2016 $25,030 $1,902,600 $865,800 $1,036,800
2015 $25,613 $1,897,400 $790,500 $1,106,900
2014 $28,141 $2,047,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3938210

Stellar MLS

APN: 0148-03-0006

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