NOT LISTED FOR SALE

5243 Calle Menorca Unit A Sarasota, FL 34242

Estimated Value: $1,936,000 - $2,533,000

6 Beds
4 Baths
2,984 Sq Ft
$728/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $1,500,000 $503 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $13,301/month

109 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • No HOA
  • Phillippi Shores Elementary School Rated A
  • Great Room
  • Front Porch

About This Home

As of May 2020

This breathtaking investment property on Siesta Key is a proven income-producing property with $175,000 rolling twelve-month gross income. This duplex has been fully updated and exceptionally well maintained; making it an investors dream! Each unit is comprised of three bedrooms and two and a half baths. The home features spacious rooms and an open layout in the living room, dining room, kitchen combo. The large fenced in backyard showcases a swimming pool and outside shower. This home has four distinct, off-road parking spaces and plenty of outside storage. Every inch of this property has been expertly planned out to make the most of all the space. This gorgeous property is perfectly located near the village, with the best shopping, restaurants, and entertainment. It is also only minutes away from the white sands of the world-famous Siesta Key Beach. This property is already well known and making money, why not let it work for you? This property has everything renters are looking for and are willing to spend top dollar to receive. This property will not last long! Schedule your private showing today!

Last Agent to Sell the Property

Curtis Ware

KW COASTAL LIVING III License #3275023 Listed on: 08/30/2019

KW COASTAL LIVING III

Last Buyer's Agent

Joshua Blank

TREND REALTY License #3296417

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,968

Year Built

  • Built in 1969

Lot Details

  • 5,165 Sq Ft Lot
  • Lot Dimensions are 60x118

Home Design

  • Duplex
  • Bi-Level Home
  • Membrane Roofing
  • Stucco

Interior Spaces

  • 2,984 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Laundry

  • Laundry Located Outside
  • Dryer

Pool

  • In Ground Pool
  • Pool Tile

Outdoor Features

  • Exterior Lighting
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Sarasota Beach Community
  • Sarasota Beach Subdivision

Building Details

  • Gross Income $176,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,968

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 2984
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 1969
  • Lot Size Sq Ft: 5165
  • Directions to Property: Turn onto Siesta Drive, continue as it turns int Higel Ave. Turn Right on Ocean Blvd. Take a left on Canal, then right on Calle Menorca Realtor Remarks:
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4444548?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4444548?w=Customer
  • Unit Count: 1
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.95238
  • Price per Sq Ft: 502.68
  • Close to Original List Price Ratio: 0.85763
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan
  • Appliances Included: Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator
  • Levels: Two
  • Street Number Modifier: 5243
  • Additional Rooms: Family Room, Great Room
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: In Ground, Tile
  • Exterior Features: Lighting
  • Roof: Membrane
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Front Porch
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0139F
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Outside
  • Sewer: Private Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0082050055
  • Additional Parcels: No
  • Lot Dimensions: 60x118
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Gross Income: 176000
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 12967.71
  • Tax Block: 16
  • Tax Book Number: 1-76
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2024
Sold by
Kenzie Properties Llc
Bought by
Encanto Luxury Rentals Llc
Current Estimated Value
$2,172,486

Purchase Details

Listed on
Aug 30, 2019
Closed on
May 15, 2020
Sold by
Mimi S Siesta Properties Llc
Bought by
Kenzie Properties Llc
Seller's Agent
Curtis Ware
KW COASTAL LIVING III
Buyer's Agent
Joshua Blank
TREND REALTY
List Price
$1,575,000
Sold Price
$1,500,000
Premium/Discount to List
-$75,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$1,125,000
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 2, 2017
Closed on
Nov 30, 2017
Sold by
Vics Love Shack Property Three Llc
Bought by
Mimis Siesta Properties Llc
Seller's Agent
Allen Conrad
RE/MAX ALLIANCE GROUP
Buyer's Agent
Curtis Ware
KW COASTAL LIVING III
List Price
$1,400,000
Sold Price
$1,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.84%

Purchase Details

Closed on
May 10, 2013
Sold by
Chapman R Jack and Chapman Victoria
Bought by
Vics Love Shack Property Three Llc

Purchase Details

Closed on
May 6, 2013
Sold by
Gutwein Daniel A and Sjoblom William P
Bought by
Chapman R Jack and Chapman Victoria

Purchase Details

Closed on
Jan 22, 2002
Sold by
Gotthelf Gerald H and Gotthelf Shirley
Bought by
Gutwein Daniel A and Sjoblom William P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,900
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 1998
Sold by
Laurent Deanna
Bought by
Gotthelf Gerald H and Gotthelf Shirley

Purchase Details

Closed on
Nov 15, 1996
Sold by
Ostlund Vickie Lynn
Bought by
Laurent Deanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
8.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 1996
Sold by
Desbiens Jean Claude
Bought by
Ostlund Vicki Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
8.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 1995
Sold by
Desbiens Jean Claude
Bought by
Ostlund Vickie Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,500
Interest Rate
9.21%
Source: Public Records

Range of Values:

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Average Value
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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
Encanto Luxury Rentals Llc $100 None Listed On Document
Kenzie Properties Llc $1,500,000 Attorney
Mimis Siesta Properties Llc $1,400,000 Attorney
Vics Love Shack Property Three Llc -- Attorney
Chapman R Jack $734,000 None Available
Gutwein Daniel A $515,000 --
Gotthelf Gerald H $370,000 --
Laurent Deanna $330,000 --
Ostlund Vicki Lynn -- --
Ostlund Vickie Lynn $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kenzie Properties Llc $1,125,000
Previous Owner Gutwein Daniel A $384,900
Previous Owner Laurent Deanna $264,000
Previous Owner Ostlund Vickie Lynn $169,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2020 05/15/20 Sold $1,500,000 -4.8% $503 / Sq Ft
12/13/2019 12/13/19 Pending -- -- --
11/21/2019 11/21/19 For Sale $1,575,000 0.0% $528 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
11/11/2019 11/11/19 Price Changed $1,575,000 -6.0% $528 / Sq Ft
10/01/2019 10/01/19 Price Changed $1,675,000 -4.2% $561 / Sq Ft
09/24/2019 09/24/19 For Sale $1,749,000 0.0% $586 / Sq Ft
09/12/2019 09/12/19 Pending -- -- --
08/26/2019 08/26/19 For Sale $1,749,000 +24.9% $586 / Sq Ft
02/28/2018 02/28/18 Off Market $1,400,000 -- --
11/30/2017 11/30/17 Sold $1,400,000 0.0% $469 / Sq Ft View Prior Sale
11/16/2017 11/16/17 Pending -- -- --
11/02/2017 11/02/17 For Sale $1,400,000 -- $469 / 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 $20,858 $1,522,821 -- --
2023 $20,858 $2,017,600 $1,219,600 $798,000
2022 $18,097 $1,657,300 $1,095,700 $561,600
2021 $14,446 $1,122,300 $632,400 $489,900
2020 $13,422 $1,017,500 $595,700 $421,800
2019 $12,968 $990,100 $635,400 $354,700
2018 $12,881 $985,000 $635,400 $349,600
2017 $9,451 $671,700 $356,000 $315,700
2016 $9,901 $693,400 $355,300 $338,100
2015 $9,453 $641,200 $331,200 $310,000
2014 $8,228 $419,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Curtis Ware

    Seller's Agent in 2020

    Curtis Ware

    KW COASTAL LIVING III

    (941) 587-9122

    75 in this area

    173 Total Sales

    Curtis Ware
    Section Image
  • Joshua Blank

    Buyer's Agent in 2020

    Joshua Blank

    TREND REALTY

    (941) 928-3449

    1 in this area

    33 Total Sales

    Joshua Blank
    Section Image
  • Alex Webster

    Buyer Co-Listing Agent in 2020

    Alex Webster

    ADAMS HOMES REALTY,INC.

    (215) 606-7007

    2 in this area

    227 Total Sales

    Alex Webster
    Section Image
  • Allen Conrad

    Seller's Agent in 2017

    Allen Conrad

    RE/MAX

    (941) 544-0143

    3 in this area

    51 Total Sales

    Allen Conrad
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4444548

Stellar MLS

APN: 0082-05-0055

Florida Sarasota County Sarasota 34242

5243 Calle Menorca Unit A, Sarasota, FL

This home is located at 5243 Calle Menorca Unit A, Sarasota, FL 34242 since 30 August 2019 and is currently estimated at $2,172,486, approximately $728 per square foot. This property was built in 1969. 5243 Calle Menorca Unit A 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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