NOT LISTED FOR SALE

508 Beach Rd Sarasota, FL 34242

Estimated Value: $1,045,000 - $4,227,000

4 Beds
3.5 Baths
3,650 Sq Ft
$850/Sq Ft Est. Value

Sale Details

Date Sold: December 18, 2020

Last sale price $2,900,000 $795 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $20,290 / mo

111 Days on Market

Highlights

  • 109 Feet of Waterfront
  • Beach View
  • Private Beach
  • Phillippi Shores Elementary School Rated A
  • Water access To Gulf or Ocean
  • Heated Indoor Pool

About This Home

As of December 2020

SIESTA KEY - FULL ON GULF OF MEXICO VIEWS / SIESTA BEACH VIEWS - FAMILY HOME: There are just not many of these type properties available in Sarasota; specifically on Siesta Key. Directly on Siesta Key Beach surrounded by beach, beach dune and water views. This 4 bedroom Siesta Key Home, in addition to location, has it all - including but certainly not limited to; fully updated kitchen / bath with all the finishes, updated hurricane windows and doors throughout, master bedrooms up or down you choose - both with spectacular views, open living floor plan kitchen / dinning / living - great room, wood burning fire place, separate media room or fourth bedroom, full length outside decks on both the first and second floors - again spectacular views, oversized under home garage areas for three plus cars / other, pool (beachside), private beach access path, the list goes on. Just a very very rare property. Please refer to the outside "Drone Virtual Tour" as part of this listing.

Last Agent to Sell the Property

Robert Anderson Jr

RE/MAX ALLIANCE GROUP License #3054681 Listed on: 08/07/2020

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Jennifer Thompson

WILLIAM RAVEIS REAL ESTATE License #3276423

WILLIAM RAVEIS REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,014

Year Built

  • Built in 1978

Lot Details

  • 39,022 Sq Ft Lot
  • Lot Dimensions are 109x358
  • 109 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property fronts a private road
  • Private Beach
  • Public Beach
  • Street terminates at a dead end
  • East Facing Home
  • Wood Fence
  • Mature Landscaping
  • Oversized Lot
  • Property is zoned RMF3

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Electric Vehicle Home Charger
  • Common or Shared Parking
  • Tandem Parking
  • Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking
  • Open Parking

Property Views

  • Beach
  • Full Gulf or Ocean
  • Partial Bay or Harbor
  • Park or Greenbelt

Home Design

  • Florida Architecture
  • Key West Architecture
  • Elevated Home
  • Planned Development
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 3,650 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Thermal Windows
  • Insulated Windows
  • Blinds
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Media Room
  • Den
  • Bonus Room
  • Storage Room
  • Walk-Up Access

Kitchen

  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Engineered Wood
  • Brick
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Lights
  • Security Fence, Lighting or Alarms
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows

Pool

  • Heated Indoor Pool
  • Heated Lap Pool
  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Shower
  • Fiber Optic Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Balcony
  • Deck
  • Wrap Around Porch
  • Screened Patio
  • Exterior Lighting
  • Outdoor Storage

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Humidity Control
  • Forced Air Zoned Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, ground maintenance
  • Siesta Beach House Community
  • Siesta Beach House Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, fencing, vehicle restrictions
  • Rental Restrictions
  • Near Conservation Area

Recreation

  • Community Pool

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,014

Year Built

Built in 1978

Lot Details

0.9 Acres

HOA Fees

$150 per month

Parking

3

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Grounds
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Key West, Other
  • Construction Materials: Block, Other, Stucco, Wood Frame
  • Fireplace: Yes
  • Living Area: 3650
  • Lot Size Acres: 0.89
  • New Construction: No
  • Year Built: 1978
  • Building Area Total: 5159
  • Lot Size Sq Ft: 39022
  • Number Of Lots: 1
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4474602?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4474602?w=Customer
  • FCHR URL: No
  • Homestead Y N: Yes
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 7406
  • Property Description: Elevated, End Unit, Walk-Up
  • Call Center Phone Number: 941-320-6115
  • Planned Unit Development Y N: Yes
  • Subdivision Section Number: 12
  • Ratio: Close Price\List Price: 0.93579
  • Price per Sq Ft: 794.52
  • Close to Original List Price Ratio: 0.85319
  • Ratio: Current Price\Building Area Total: 562.12
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Brick/Stone, Carpet, Ceramic Tile, Engineered Hardwood, Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Other, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Other, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab, Stilt/On Piling
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Yn: No
  • Stories: 2
  • Window Features: Blinds, Insulated Windows, Thermal Windows, Window Treatments
  • Room Count: 5
  • Additional Rooms: Bonus Room, Den/Library/Office, Family Room, Great Room, Media Room, Storage Rooms

Exterior Features

  • Direction Faces: East
  • Other Structures: Other, Storage
  • Pool Features: Fiber Optic Lighting, Gunite, Heated, In Ground, Indoor, Lap, Other
  • Exterior Features: Balcony, Fenced, Lighting, Other, Outdoor Shower, Sidewalk, Sliding Doors, Storage
  • Roof: Metal, Other
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End, Private Road
  • View: Greenbelt, Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Rear Porch, Screened, Wrap Around
  • Road Surface Type: Asphalt, Gravel, Other
  • Water View: Beach, Gulf/Ocean - Full, Gulf/Ocean - Partial
  • Water Access: Beach - Access Deeded, Beach - Private, Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 0143F
  • Waterfront Frontage: 109
  • Additional Water Information: GULF OF MEXICO & SIESTA KEY BEACH
  • Water Frontage Feet Gulf Ocean: 109
  • Disclosures: Lead Paint, Other, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Assigned, Common, Covered, Electric Vehicle Charging Station(s), Garage Door Opener, Guest, Other, Oversized, Tandem, Under Building
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fiber Optics, Fire Hydrant, Other, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air, Humidity Control, Other, Zoned
  • Heating: Central, Electric, Zoned
  • Laundry Features: Inside, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Pool, Sidewalk, Water Access, Waterfront
  • Association Amenities: Fence Restrictions, Maintenance, Other, Pool, Security, Vehicle Restrictions
  • Association Fee: 450
  • Association Fee Frequency: Quarterly
  • Association Name: ON FILE
  • Phone: ON FILE
  • Association: Yes
  • Security: Closed Circuit Camera(s), Security Fencing/Lighting/Alarms, Secured Garage/Parking, Security Lights, Security System Leased, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Website: ON FILE
  • Association Email: ON FILE
  • S W Subdiv Condo Num: 740
  • Complex Community Name NCCB: SIESTA BEACH HOUSE
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 1800
  • Monthly HOA Fee: 150
  • Total Monthly Fees: 150

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0082133003
  • Additional Parcels: No
  • Fencing: Other, Wood
  • Lot Features: CoastalConstruction Control Line, Conservation Area, Flood Insurance Required, FloodZone, In County, Oversized Lot, Sidewalk
  • Lot Dimensions: 109X358
  • Property Attached Yn: No
  • Flood Zone Code: VE
  • Flood Zone Date: 2020-08-03
  • Future Land Use: RMF-3
  • Zoning Compatible Y N: Yes

Green Features

  • Efficiency: Windows

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Minimum Lease: 1-7 Days
  • Approval Process: Owner only.
  • Num Timesper Year: 365
  • Pet Restrictions: Per HOA & County rules and regs.
  • Lease Restrictions Y N: Yes
  • Month To Month Or Weekly Y N: Yes
  • Additional Lease Restrictions: The property can be rented daily / weekly, RMF-1 zoning.

Tax Info

  • Tax Annual Amount: 27013.68
  • Tax Book Number: 0012/0012
  • Tax Lot: 3

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Dec 18, 2020
Sold by
Colosimo Louis A
Bought by
Edward F Neild Iv Trust and Neild
Seller's Agent
Robert Anderson Jr
RE/MAX ALLIANCE GROUP
Buyer's Agent
Jennifer Thompson
WILLIAM RAVEIS REAL ESTATE
List Price
$3,399,000
Sold Price
$2,900,000
Premium/Discount to List
-$499,000
-14.68%
Current Estimated Value
$3,102,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,873
Avg. Annual Appreciation
1.26%

Purchase Details

Closed on
Jun 13, 2020
Sold by
Colosimo Louis A and Colosima Denise A
Bought by
Colosimo Louis A

Purchase Details

Listed on
Apr 1, 2009
Closed on
Mar 30, 2012
Sold by
Falcon Partners Ltd
Bought by
Colosimo Louis A and Colosimo Denise A
Seller's Agent
Brian Livesey
WATERSIDE REALTY LLC
Buyer's Agent
Robert Anderson Jr
RE/MAX ALLIANCE GROUP
List Price
$3,300,000
Sold Price
$2,100,000
Premium/Discount to List
-$1,200,000
-36.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.81%
Original Mortgage
$1,200,000
Interest Rate
3.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 1, 2001
Sold by
Wyatt Linda
Bought by
Falcon Partners Ltd

Purchase Details

Closed on
Nov 13, 1996
Sold by
Wyatt William L and Wyatt Linda M
Bought by
Wyatt Linda M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Edward F Neild Iv Trust $2,900,000 Parker Williams
Colosimo Louis A -- None Listed On Document
Colosimo Louis A $2,100,000 Attorney
Falcon Partners Ltd $1,500,000 --
Wyatt Linda M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colosimo Louis A $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2020 12/18/20 Sold $2,900,000 -6.4% $795 / Sq Ft
11/25/2020 11/25/20 Pending -- -- --
11/10/2020 11/10/20 Price Changed $3,099,000 -6.1% $849 / Sq Ft
10/24/2020 10/24/20 Price Changed $3,299,000 -2.9% $904 / Sq Ft
08/06/2020 08/06/20 For Sale $3,399,000 +61.9% $931 / Sq Ft
03/30/2012 03/30/12 Sold $2,100,000 -36.4% $779 / Sq Ft View Prior Sale
02/05/2012 02/05/12 Pending -- -- --
04/03/2009 04/03/09 For Sale $3,300,000 -- $1,224 / 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 $44,265 $3,636,800 -- $3,636,800
2024 $43,636 $3,816,600 -- $3,816,600
2023 $43,636 $3,745,600 $0 $3,745,600
2022 $35,234 $3,198,200 $0 $3,198,200
2021 $30,262 $2,433,700 $0 $2,433,700
2020 $23,311 $1,857,800 $0 $1,857,800
2019 $27,014 $2,165,600 $0 $2,165,600
2018 $26,570 $2,126,225 $0 $0
2017 $26,119 $2,053,900 $0 $2,053,900
2016 $26,460 $2,038,200 $0 $2,038,200
2015 $27,269 $2,045,800 $0 $2,045,800
2014 $26,282 $1,751,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Anderson Jr

    Seller's Agent in 2020

    Robert Anderson Jr

    RE/MAX

    (941) 320-6115

    5 in this area

    55 Total Sales

    Robert Anderson Jr
    Section Image
  • Jennifer Thompson

    Buyer's Agent in 2020

    Jennifer Thompson

    WILLIAM RAVEIS REAL ESTATE

    (941) 928-0790

    42 in this area

    138 Total Sales

    Jennifer Thompson
    Section Image
  • Brian Livesey

    Seller's Agent in 2012

    Brian Livesey

    WATERSIDE REALTY LLC

    (941) 320-9703

    15 in this area

    24 Total Sales

    Brian Livesey
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4474602

Stellar MLS

APN: 0082-13-3003

Florida Sarasota County Sarasota 34242

508 Beach Rd, Sarasota, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.