NOT LISTED FOR SALE

Estimated Value: $1,670,000 - $2,326,000

4 Beds
5.5 Baths
3,376 Sq Ft
$604/Sq Ft Est. Value

Last Sold July 18, 2024

Last sale price $2,300,000 $681 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $11,876/month

53 Days on Market

Highlights

  • 8 Feet of Waterfront
  • White Water Ocean Views
  • Assigned Boat Slip
  • Booker High School Rated A-
  • Dock has access to electricity and water
  • 2-minute walk to Sapphire Shores Park

About This Home

As of July 2024

Nestled in the prestigious West of the Trail area, this waterfront estate home offers a prime location on Ringling Cove, with protected water and stunning views of Sarasota Bay. Situated next to Sun Circle Park, this exclusive property enjoys the privacy of having only one neighbor to the north. This grand three-story home boasts four bedrooms and five and a half bathrooms, with each bedroom featuring an en suite bathroom and a private balcony overlooking the water.
The second level of the home features two Master suites. The entire home is wheelchair accessible, with an elevator providing access to the main living level on the second floor. The ground floor opens up to a pool area through sliding glass doors, perfect for outdoor entertainment.
On the main living level, you'll find separate living and dining rooms, both Master Suites, and a kitchen with eat-in space and a balcony overlooking the front yard. The second living level houses two guest suites, each with its own balcony overlooking the water. A wood-burning fireplace adds warmth and charm, shared by the Living Room and one of the Master bedrooms.
The property features plantation shutters for window coverings, Oak flooring, and Birch and Cherry cabinetry throughout. Etched glass windows adorn the front, while manual crank-out windows on the third floor provide a classic touch. A boat dock offers direct access to Sarasota Bay, perfect for boating enthusiasts.
Conveniently located within walking distance to the Ringling Museum and Asolo Theater, and close to downtown Sarasota, this property offers a luxurious waterfront lifestyle in a sought-after neighborhood. This property is being sold as is, presenting an excellent opportunity for customization and personalization to suit your preferences.

Last Agent to Sell the Property

Daniel Matusiak

COMPASS FLORIDA LLC Brokerage Phone: 941-504-7618 License #0577641 Listed on: 04/15/2024

COMPASS FLORIDA LLC

Last Buyer's Agent

Bev Murray

BERKSHIRE HATHAWAY HOMESERVICE License #0682510

BERKSHIRE HATHAWAY HOMESERVICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,994

Year Built

  • Built in 1988

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 127x95x194x173
  • 8 Feet of Waterfront
  • 5 Feet of Bay Harbor Waterfront
  • Bayou Waterfront
  • Southwest Facing Home
  • Fenced
  • Mature Landscaping
  • Oversized Lot
  • Irregular Lot
  • Metered Sprinkler System
  • Landscaped with Trees
  • Property is zoned RSF1

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Pad
  • Garage Door Opener
  • Circular Driveway
  • On-Street Parking

Home Design

  • Custom Home
  • Key West Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,376 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Blinds
  • Sliding Doors
  • Living Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Inside Utility
  • White Water Ocean Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Leased
  • Fire and Smoke Detector

Outdoor Features

  • Gunite Pool
  • Access to Bay or Harbor
  • Davits
  • Seawall
  • No Wake Zone
  • Minimum Wake Zone
  • Assigned Boat Slip
  • Boat Slip Deeded Off-Site
  • Dock has access to electricity and water
  • Dock made with wood
  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Customized Wheelchair Accessible
  • Flood Zone Lot

Community Details

  • Ringling Point Homeowner's Association
  • Sapphire Shores Community
  • Sapphire Shores Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,994

Year Built

Built in 1988

Lot Details

0.34 Acres

HOA Fees

$125 per month

Parking

3

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom, Key West
  • Construction Materials: Wood Frame, Wood Siding
  • Fireplace: Yes
  • Living Area: 3376
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 1988
  • Accessibility Features: Customized Wheelchair Accessible
  • Building Area Total: 7361
  • Lot Size Sq Ft: 14657
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 683.86
  • Escrow State: FL
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 681.28
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 1
  • MFR_DockDescription: 4 Point Moorage,Dock - Slip Deeded Off-Site,Dock - Wood,Dock w/Electric,Dock w/Water Supply
  • MFR_DockYN: 1
  • MFR_CommunityAssociationWaterFeatures: Boat Slip,Dock,Water Access
  • MFR_InLawSuiteDescription: 1 Bathroom,1 Bedroom,Attached,Kitchenette
  • Attribution Contact: 941-504-7618
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Elevator, High Ceilings, Open Floorplan, Skylight(s), Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Stories: 3
  • Window Features: Blinds, Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Florida Room,Formal Dining Room Separate,Formal Living Room Separate,Inside Utility
  • Living Area Meters: 313.64

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Gunite, Heated
  • Exterior Features: Balcony, Irrigation System, Sliding Doors, Sprinkler Metered
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Water Body Name: RINGLING COVE & SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Access: Bay/Harbor
  • Water Extras: Assigned Boat Slip,Davits,No Wake Zone,Minimum Wake Zone,Sailboat Water,Seawall - Concrete
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 8
  • Flood Zone Panel: 1251500001B
  • Water Frontage Feet Bay Harbor: 5
  • Water Frontage Feet Bayou: 3

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway, Garage Door Opener, On Street, Parking Pad

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air, Other, Zoned
  • Heating: Central, Electric, Heat Pump, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 1500
  • Association Fee Frequency: Annually
  • Association Name: Ringling Point Homeowner's
  • Association: Yes
  • Security: Security System Leased, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1500.00
  • Total Monthly Fees: 125.00
  • Monthly HOA Amount: 125.00

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2003080001
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: FloodZone, City Limits, In County, Irregular Lot, Landscaped, Oversized Lot, Paved
  • Lot Dimensions: 127x95x194x173
  • Flood Zone Code: V20

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 12994
  • Tax Block: L
  • Tax Book Number: 773-1062
  • Tax Lot: 15

Multi Family

  • Waterfront Features: Bay/Harbor, Bayou
  • Approval Process: Buyer application

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2025
Sold by
Varady Desmond and Varady Krista
Bought by
Krista E Varady Revocable Trust and Varady
Current Estimated Value
$2,038,882

Purchase Details

Listed on
Apr 15, 2024
Closed on
Jul 18, 2024
Sold by
Salie Robert D
Bought by
Varady Desmond and Varady Krista
Seller's Agent
Daniel Matusiak
COMPASS FLORIDA LLC
Buyer's Agent
Bev Murray
BERKSHIRE HATHAWAY HOMESERVICE
List Price
$2,950,000
Sold Price
$2,300,000
Premium/Discount to List
-$650,000
-22.03%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.34%

Purchase Details

Closed on
Jun 1, 2017
Sold by
Valvo Carl L
Bought by
Salie Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 1999
Sold by
Salie Robert D
Bought by
Valvo Carl L and Valvo Vivian C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
7.94%

Purchase Details

Closed on
May 26, 1995
Sold by
Mustari Ronald and Mustari Joanne
Bought by
Salie Robert D and Salie Gail C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,900
Interest Rate
8.35%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Krista E Varady Revocable Trust $100 None Listed On Document
Varady Desmond $2,300,000 None Listed On Document
Salie Robert D $1,130,000 Attorney
Valvo Carl L $665,000 --
Salie Robert D $547,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salie Robert D $618,000
Previous Owner Valvo Carl L $532,000
Previous Owner Salie Robert D $382,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2024 07/18/24 Sold $2,300,000 -16.4% $681 / Sq Ft
06/08/2024 06/08/24 Pending -- -- --
06/03/2024 06/03/24 Price Changed $2,750,000 -6.8% $815 / Sq Ft
04/15/2024 04/15/24 For Sale $2,950,000 -- $874 / 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 $13,961 $1,421,700 $1,421,700 --
2024 $13,536 $927,519 -- --
2023 $13,536 $900,504 $0 $0
2022 $13,223 $874,276 $0 $0
2021 $13,206 $848,812 $0 $0
2020 $13,351 $837,093 $0 $0
2019 $13,014 $818,273 $0 $0
2018 $12,806 $803,016 $0 $0
2017 $631 $995,342 $0 $0
2016 $636 $1,347,000 $799,200 $547,800
2015 $636 $1,330,400 $800,200 $530,200
2014 $636 $946,217 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4601101

Stellar MLS

APN: 2003-08-0001

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