NOT LISTED FOR SALE

524 Beach Rd Unit PH Sarasota, FL 34242

Estimated Value: $1,631,000 - $1,901,945

3 Beds
2 Baths
1,698 Sq Ft
0.82 Acres

Last Sold May 03, 2021

Last sale price $1,285,000 $757 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $10,678/month

67 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Private Beach
  • 0.82 Acre Lot
  • Phillippi Shores Elementary School Rated A
  • Water Access
  • Open Floorplan

About This Home

As of May 2021

Spectacular luxury penthouse with tremendous vacation rental potential. Has a history of over $100,000 per year in gross revenue. Breathtaking views of the Gulf of Mexico from each room. Just steps to the world famous #1 rated Siesta Key Beach. Put your toes in the sand and a drink in your hand. The Penthouse has been recently updated with all the bells and whistles. Gourmet kitchen, custom cabinetry, granite tops, specialty lighting, state of the art appliances. Three bedrooms, the Master and 2nd bedroom have a Gulf Front balcony, with a panoramic view of both the beach and water. The two gorgeous bathrooms are on par with a world class spa. Come enjoy the Florida lifestyle as you entertain family and friends on your Gulf front balcony.

Last Agent to Sell the Property

Curtis Andrews

BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE License #3411095 Listed on: 12/09/2020

BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE

Co-Listed By

Dion Souza

SARABAY REAL ESTATE INC License #3304623

Last Buyer's Agent

Jeannie McDermott

License #3232170

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,657

Year Built

  • Built in 1981

Lot Details

  • Property fronts gulf or ocean
  • Property fronts a public beach
  • Private Beach
  • East Facing Home

Property Views

  • Water
  • Woods

Home Design

  • Florida Architecture
  • Elevated Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,698 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • Ground Level Parking
  • Reserved Parking
  • Assigned Parking

Outdoor Features

  • Water Access
  • Balcony
  • Covered Patio or Porch

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot PH 524
  • Assessor Parcel Number 0082131006

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance, maintenance exterior, ground maintenance, maintenance repairs
  • Lisa Association
  • 0524 Beach Road Community
  • 0524 Beach Road Subdivision
  • Association Approval Required
  • The community has rules related to deed restrictions

Pet Policy

  • Pets Allowed
  • Pets up to 150 lbs

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,657

Year Built

Built in 1981

Lot Details

0

Listing Details

  • HOA Fee Includes: Insurance, Maintenance Exterior, Maintenance Grounds, Maintenance Repairs
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Elevated, Florida
  • Property Description: Elevated, Penthouse
  • Water View: Yes
  • Construction Materials: Block
  • Living Area: 1698.00
  • Lot Size Acres: 0.82
  • Year Built: 1981
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4489715?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4489715?w=Customer
  • Lot Size Sq Ft: 35612
  • Directions to Property: From Stickney Pt. Rd (Clark Rd) go west to Siesta Key. When on Siesta Key, turn right onto Midnight Pass Rd. Continue onto Beach Rd. Destination will be on the left. You can park under the carport in the two designated PH spots, or just to the North in Beach access #9 lot.
  • Escrow State: FL
  • List Office Head Office Key Nume: 202429172
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 8
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Skylight(s), Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Floor Number: 3
  • Levels: One
  • Stories: 3
  • Living Area Meters: 157.75
  • Street Number Modifier: 524

Exterior Features

  • Direction Faces: East
  • Waterfront Feet Private Beach: 105
  • Waterfront Feet Public Beach: 105
  • Waterfront Feet Gulf Ocean: 105
  • Waterfront Feet Ocean to Bay: 105
  • Water Access: Beach - Access Deeded, Beach - Private, Beach - Public, Gulf/Ocean
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Shingle
  • Water View: Beach, Gulf/Ocean - Full, Gulf/Ocean - Partial
  • Flood Zone Code: VE
  • Water Access: Yes
  • View: Trees/Woods, Water
  • Water Body Name: SIESTA KEY BEACH - GULF
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Rear Porch

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Parking Features: Assigned, Covered, Ground Level, Reserved

Utilities

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

Condo/Co-op/Association

  • S W Subdiv Community Name: 0524 Beach Road
  • Community Features: Deed Restrictions, Sidewalk, Water Access, Waterfront
  • Pet Restrictions: Se docs. Only residents can have dogs, not tenants.
  • Building Name Number: PENTHOUSE
  • Condo Fees: 3482
  • Condo Fees Term: Quarterly
  • Max Pet Weight: 150
  • Monthly Condo Fee Amount: 1161
  • Pet Size: Extra Large (101+ Lbs.)
  • Association Approval Required: Yes
  • Association Name: Lisa
  • Association: Yes
  • Association Email: lsorre_1@yahoo.com

Fee Information

  • Waterfront Frontage: 420
  • Total Annual Fees: 13928.00
  • Total Monthly Fees: 1160.67

Schools

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

Lot Info

  • Total Acreage: 1/2 to less than 1
  • Zoning: RMF1
  • Parcel Number: 0082131006
  • Lot Features: Flood Insurance Required, FloodZone, In County
  • Lot Size Square Meters: 3308

Rental Info

  • Minimum Lease: 1 Week
  • Additional Lease Restrictions: See Docs
  • Lease Restrictions: Yes
  • Pets Allowed: Yes

Multi Family

  • Approval Process: Per Condo Docs
  • Waterfront Features: Beach - Private, Beach - Public, Gulf/Ocean, Gulf/Ocean to Bay

Tax Info

  • Tax Annual Amount: 10656.68
  • Tax Book Number: 4-14
  • Tax Lot: PH 524

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
May 21, 2021
Sold by
Heathcote Rose and Heathcote George W
Bought by
Beach46 Llc
Seller's Agent
Curtis Andrews
BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE
Buyer's Agent
Jeannie McDermott
List Price
$1,275,000
Sold Price
$1,285,000
Premium/Discount to List
$10,000
0.78%
Current Estimated Value
$1,699,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,203
Avg. Annual Appreciation
6.64%
Original Mortgage
$785,000
Outstanding Balance
$717,906
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$973,093

Purchase Details

Listed on
Dec 9, 2020
Closed on
Apr 30, 2021
Sold by
A And L Paradise Llc
Bought by
Heathcote Rose and Heathcote George W
Seller's Agent
Curtis Andrews
BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE
Buyer's Agent
Jeannie McDermott
List Price
$1,275,000
Sold Price
$1,285,000
Premium/Discount to List
$10,000
0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$785,000
Outstanding Balance
$717,906
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$973,093

Purchase Details

Closed on
Jun 14, 2013
Sold by
Weiss Herbert and Weiss Ellen H
Bought by
A & L Paradise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$744,000
Interest Rate
3.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2006
Sold by
Weiss Herbert and Weiss Ellen H
Bought by
Weiss Herbert and Weiss Ellen H
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
Beach46 Llc -- None Available
Heathcote Rose $1,285,000 Attorney
A & L Paradise Llc $915,000 Attorney
Weiss Herbert -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heathcote Rose $785,000
Previous Owner A & L Paradise Llc $744,000
Previous Owner Weiss Herbert $250,000
Previous Owner Doyel John K $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2021 05/03/21 Sold $1,285,000 +0.8% $757 / Sq Ft
02/14/2021 02/14/21 Pending -- -- --
12/09/2020 12/09/20 For Sale $1,275,000 -- $751 / 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 $17,029 $1,458,400 -- $1,458,400
2023 $17,029 $1,421,400 $0 $1,421,400
2022 $15,734 $1,300,700 $0 $1,300,700
2021 $11,104 $885,200 $0 $885,200
2020 $10,168 $779,000 $0 $779,000
2019 $10,657 $823,800 $0 $823,800
2018 $10,807 $835,700 $0 $835,700
2017 $10,301 $781,100 $0 $781,100
2016 $14,792 $1,229,900 $0 $1,229,900
2015 $13,710 $1,096,500 $0 $1,096,500
2014 $10,883 $650,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Curtis Andrews

    Seller's Agent in 2021

    Curtis Andrews

    BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE

    (941) 200-0135

    5 in this area

    32 Total Sales

    Section Image
  • Dion Souza

    Seller Co-Listing Agent in 2021

    Dion Souza

    SARABAY REAL ESTATE INC

    (941) 302-3881

    27 in this area

    75 Total Sales

    Section Image

  • J

    Buyer's Agent in 2021

    Jeannie McDermott

See All Agents

Map

Source: Stellar MLS

MLS Number: A4489715

Stellar MLS

APN: 0082-13-1006

Florida Sarasota County Sarasota 34242

524 Beach Rd Unit PH, Sarasota, FL

This home is located at 524 Beach Rd Unit PH, Sarasota, FL 34242 since 09 December 2020 and is currently estimated at $1,736,486, approximately $1,022 per square foot. This property was built in 1981. 524 Beach Rd Unit PH is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High School.

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 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.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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