NOT LISTED FOR SALE

524 Beach Rd Unit D Sarasota, FL 34242

Estimated Value: $945,000 - $1,036,697

2 Beds
2 Baths
980 Sq Ft
$560/mo HOA Fee

Last Sold July 08, 2020

Last sale price $634,000 $647 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,411/month

4 Days on Market

Highlights

  • 105 Feet of Waterfront
  • Beach View
  • Private Beach
  • Phillippi Shores Elementary School Rated A
  • Water access To Gulf or Ocean
  • 0.82 Acre Lot

About This Home

As of July 2020

LOCATION, LOCATION, LOCATION. Direct FULL GULF VIEWS from this "PET FRIENDLY" condo located in the heart of Siesta Key beach. This unit sits "Smack dab on the beach" with no roads to cross. Just sand between you and the aqua blue Gulf of Mexico. This wonderful unit is located in a smaller boutique complex that is very close to the Siesta Village. The view is essentially just natural beach and the blue water. There are no other condos or parking lots affecting your view. This complex is very quiet and peaceful. It has outstanding self management that takes pride in keeping things in check and looking good. There is not a noisy swimming pool. Just you, your 5 neighbors and nature. This unit has a deeded parking space and room to park another car behind the first car. Finally this has a 1 week min on rentals. Should you choose to rent you will have very strong rental potential. This consistently grosses over $40,000 a year with owner use. This Ideal location is about half way between the Siesta Village and the Public beach. If you are looking for tons of amenities and and a hustling and bustling condo complex than this is probably not the place. If you are looking for peace, quiet and a beautiful view than look no further. Come check out this "Slice of Heaven." Seller motivated! Easy to show when not rented.

Last Agent to Sell the Property

Ryan Carson

RE/MAX ALLIANCE GROUP License #3240511 Listed on: 06/01/2020

RE/MAX ALLIANCE GROUP

Co-Listed By

Fred Sieger Jr

COMPASS FLORIDA LLC License #0442865

Last Buyer's Agent

Mario Petitti

WHITE SANDS REALTY GROUP FL License #3448117

WHITE SANDS REALTY GROUP FL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,778

Year Built

  • Built in 1981

Lot Details

  • 105 Feet of Waterfront
  • Private Beach
  • End Unit
  • East Facing Home
  • Landscaped with Trees

HOA Fees

  • $560 Monthly HOA Fees

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Turnkey
  • Slab Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 980 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Drapes & Rods
  • Sliding Doors
  • Laundry Located Outside

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Carport Spaces
  • Ground Level Parking
  • Reserved Parking

Outdoor Features

  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Balcony
  • Enclosed Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include ground maintenance, sewer, trash, water
  • Mid-Rise Condominium
  • 0524 Beach Road Community
  • 0524 Beach Road Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Pet Policy

  • Pets up to 199 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,778

Year Built

Built in 1981

Lot Details

0

HOA Fees

$560 per month

Listing Details

  • HOA Fee Includes: Maintenance Grounds, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Construction Materials: Block, Wood Frame
  • Fireplace: No
  • Living Area: 980
  • Lot Size Acres: 0.82
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 1348
  • Lot Size Sq Ft: 35612
  • Directions to Property: From Siesta Village head down Beach Rd and turn into 524 Beach. Parking spot for unit D is all the way on the right side of lot. The best spot in the complex as you can stack 3 cars.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4468527?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4468527?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Property Description: End Unit, Mid Rise
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.96353
  • Price per Sq Ft: 646.94
  • Close to Original List Price Ratio: 1.1362
  • Ratio: Current Price\Building Area Total: 470.33
  • View: No
  • Co List Office Mls Id: 281502160
  • Co List Office Phone: 941-349-5200
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Thermostat, Window Treatments
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Drapes, Thermal Windows, Window Treatments
  • Street Number Modifier: 524
  • Room Count: 6

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Membrane
  • Pool Private: No
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Rear Porch, Screened, Side Porch
  • Road Surface Type: Paved
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: Beach - Access Deeded, Beach - Private, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 105
  • Water Frontage Feet Beach Prvt: 105
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered, Ground Level, Reserved
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Other, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Water Access, Waterfront
  • Association Fee Frequency: Quarterly
  • Association Name: Self Managed
  • Phone: ask agent
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 1680
  • Condo Fees Term: Quarterly
  • Association Website: no address
  • Association Email: ask agent
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 560
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 6720
  • Total Monthly Fees: 560

Schools

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

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0082131004
  • Additional Parcels: No
  • Flood Zone Code: VE

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 199
  • Minimum Lease: 1 Week
  • Num Timesper Year: 52
  • Pet Restrictions: Owners can have pets but tenants can not have pets
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: This owner managers his own unit and Grosses over 40k a year. No more than 4 tenants allowed to stay in unit at a time per HOA

Tax Info

  • Tax Annual Amount: 5778.32
  • Tax Book Number: 4-14
  • Tax Lot: D

Multi Family

  • Waterfront Features: Beach - Private

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2021
Sold by
Ipava State Bank
Bought by
Dietz Joseph J and Dietz Jamey J
Current Estimated Value
$935,312

Purchase Details

Listed on
Jun 1, 2020
Closed on
Jul 2, 2020
Sold by
Kramer Robert G and Kramer Lois J
Bought by
Ipava State Bank Trust Depatrment and Jjd Trust
Seller's Agent
Ryan Carson
RE/MAX ALLIANCE GROUP
Buyer's Agent
Mario Petitti
WHITE SANDS REALTY GROUP FL
List Price
$558,000
Sold Price
$634,000
Premium/Discount to List
$76,000
13.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
Original Mortgage
$507,000
Interest Rate
3%

Purchase Details

Closed on
May 19, 1998
Sold by
Boyd Thomas S and Boyd Nadyne C
Bought by
Kramer Robert G and Kramer Lois J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
7.04%
Source: Public Records

Range of Values:

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List Price
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
Dietz Joseph J -- Attorney
Ipava State Bank Trust Depatrment $634,000 Git Florida Title Services
Kramer Robert G $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Ipava State Bank $507,000
Previous Owner Kramer Robert G $161,700
Previous Owner Kramer Robert $215,750
Previous Owner Kramer Robert G $227,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2020 07/08/20 Sold $634,000 +13.6% $647 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $558,000 -- $569 / 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 $9,058 $800,873 -- --
2023 $9,058 $777,547 $0 $0
2022 $8,845 $754,900 $0 $754,900
2021 $7,096 $549,400 $0 $549,400
2020 $6,509 $499,900 $0 $499,900
2019 $5,778 $436,500 $0 $436,500
2018 $5,842 $442,400 $0 $442,400
2017 $5,632 $418,100 $0 $418,100
2016 $7,802 $609,500 $0 $609,500
2015 $7,209 $540,000 $0 $540,000
2014 $6,534 $400,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4468527

Stellar MLS

APN: 0082-13-1004