NOT LISTED FOR SALE

527 Beach Rd Unit 527 / 529 Sarasota, FL 34242

Estimated Value: $1,992,613 - $5,296,000

4 Beds
3 Baths
1,803 Sq Ft
$1,575/Sq Ft Est. Value

Last Sold March 03, 2021

Last sale price $1,395,000 $774 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $17,017/month

137 Days on Market

Highlights

  • Parking available for a boat
  • Heated In Ground Pool
  • Deck
  • Phillippi Shores Elementary School Rated A
  • Open Floorplan
  • Cathedral Ceiling

About This Home

As of March 2021

SIESTA KEY - BEACH ROAD - INCOME PRODUCING - DUPLEX - TURNKEY, Stop looking, here it is, a rare Siesta Key Beach Duplex built in 1995 as an elevated conforming structure. This property & business is ready to be transferred to its new owner. A great transition plan in place!

Last Agent to Sell the Property

Robert Anderson Jr

RE/MAX ALLIANCE GROUP License #3054681 Listed on: 09/18/2020

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Robert Anderson Jr

RE/MAX ALLIANCE GROUP License #3054681 Listed on: 09/18/2020

RE/MAX ALLIANCE GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,642

Year Built

  • Built in 1985

Lot Details

  • 7,379 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Fenced

Home Design

  • Duplex
  • Turnkey
  • Shingle Roof
  • Concrete Siding
  • Pile Dwellings

Interior Spaces

  • Split Bedroom Floorplan
  • 1,803 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Pool Views
  • Fire and Smoke Detector

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Ceramic Tile

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 6 Carport Spaces
  • Oversized Parking
  • Ground Level Parking
  • Tandem Parking
  • Driveway
  • Guest Parking
  • Parking available for a boat

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Pool Deck
  • Pool Lighting

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Shed
  • Outdoor Grill

Location

  • Flood Insurance May Be Required

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Electric Water Heater
  • Fiber Optics Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 25 / 21
  • Assessor Parcel Number 0082120010

Community Details

Overview

  • 4,384 Sq Ft Building
  • Sarasota Beach Community
  • Sarasota Beach Subdivision

Building Details

  • Gross Income $160,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,642

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Property Description: Elevated
  • Construction Materials: Concrete
  • Living Area: 1803.00
  • Lot Size Acres: 0.17
  • Year Built: 1985
  • Building Area Total: 4384.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4478649?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4478649?w=Customer
  • Lot Size Sq Ft: 7379
  • Number Of Lots: 1
  • Building Search Sq Meters: 407.29
  • Directions to Property: Sarasota ~ Siesta Key ~ Beach Road ~ #527
  • List Office Head Office Key Nume: 1047486
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Thermostat, Vaulted Ceiling(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Levels: One
  • Living Area Meters: 167.50
  • Street Number Modifier: 527

Exterior Features

  • Other Structures: Shed(s), Storage
  • Additional Water Information: Siesta Key Public Beach Access Across Street.
  • Water Access: Gulf/Ocean
  • Pool Features: Deck, Gunite, Heated, In Ground, Lighting
  • Exterior Features: Balcony, Fenced, Outdoor Grill, Sidewalk, Sliding Doors, Storage
  • Roof: Shingle
  • Flood Zone Code: AE
  • Flood Zone Date: 09/14/2020
  • Flood Zone Panel: 0143F
  • Water Access: Yes
  • Pool Private: Yes
  • View: Pool
  • Water Body Name: GULF OF MEXICO
  • Patio and Porch Features: Covered, Deck
  • Road Surface Type: Asphalt, Gravel, Paved

Garage/Parking

  • Carport Spaces: 6
  • Carport Y N: Yes
  • Parking Features: Assigned, Boat, Covered, Driveway, Ground Level, Guest, Oversized, Tandem, Under Building

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fiber Optics, Fire Hydrant, Phone Available, Sewer Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Sarasota Beach
  • S W Subdiv Condo Num: 289
  • Subdivision Section Number: 12
  • Building Name Number: 527
  • Association Name: ON FILE
  • Phone: 000-000-0000
  • Security: Smoke Detector(s)
  • Association Email: ON FILE
  • Association Website: http://ON FILE
  • Complex Community Name Nccb: 527 BEACH ROAD

Schools

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

Lot Info

  • Future Land Use: RMF-1
  • Total Acreage: 0 to less than 1/4
  • Zoning: RMF1
  • Parcel Number: 0082120010
  • Lot Features: Flood Insurance Required
  • Lot Dimensions: 50 X 150
  • Lot Size Square Meters: 686

Rental Info

  • Minimum Lease: 1-7 Days
  • Additional Lease Restrictions: Please refer to Sarasota County Code for RMF-1 Properties.
  • Furnished: Turnkey
  • Total Actual Rent: 13300

Multi Family

  • Annual Expenses: 32000
  • Approval Process: Property Owner.
  • Est Annual Market Income: 128000.00
  • Total Monthly Expenses: 2666
  • Total Num Buildings: 1
  • Unit Count: 2
  • Gross Income: 160000
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 12641.66
  • Tax Block: 21
  • Tax Book Number: 1-76
  • Tax Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Mar 1, 2021
Sold by
609 S Trail Llc
Bought by
Waites Chad J
Seller's Agent
Robert Anderson Jr
RE/MAX ALLIANCE GROUP
Buyer's Agent
Robert Anderson Jr
RE/MAX ALLIANCE GROUP
List Price
$1,599,000
Sold Price
$1,395,000
Premium/Discount to List
-$204,000
-12.76%
Current Estimated Value
$2,840,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,445,403
Avg. Annual Appreciation
16.68%
Original Mortgage
$1,737,990
Outstanding Balance
$1,557,985
Interest Rate
2.7%
Mortgage Type
Amount Keyed Is An Aggregate Amount
Estimated Equity
$1,282,418

Purchase Details

Closed on
Dec 28, 2019
Sold by
Wenk Scott A and Mccampbell Weak Hope
Bought by
609 S Trail Llc

Purchase Details

Closed on
Dec 24, 2010
Sold by
Hartmann Elizabeth Paige
Bought by
Wenk Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 26, 2001
Sold by
Hartmann James Walker and Hartmann Elizabeth Page
Bought by
Hartmann Elizabeth Paige

Purchase Details

Closed on
Jun 1, 1999
Sold by
Vaughan Thomas S
Bought by
Hartmann James W and Hartmann Elizabeth P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 28, 1994
Sold by
Mastos Andy N
Bought by
Vaughn Thomas S
Source: Public Records

Range of Values:

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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
Waites Chad J $1,395,000 Attorney
609 S Trail Llc $4,300,000 Attorney
Wenk Scott A $600,000 Attorney
Hartmann Elizabeth Paige -- --
Hartmann James W $350,000 --
Vaughn Thomas S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waites Chad J $1,737,990
Previous Owner Wenk Scott A $420,000
Previous Owner Hartmann James W $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2021 03/03/21 Sold $1,395,000 -6.9% $774 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
01/04/2021 01/04/21 Price Changed $1,499,000 -6.3% $831 / Sq Ft
09/18/2020 09/18/20 For Sale $1,599,000 -- $887 / 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 $22,791 $2,010,000 $1,782,700 $227,300
2023 $22,791 $1,965,200 $1,663,300 $301,900
2022 $20,428 $1,706,900 $1,478,300 $228,600
2021 $13,137 $1,049,200 $823,900 $225,300
2020 $12,642 $964,100 $786,900 $177,200
2019 $11,745 $961,500 $838,000 $123,500
2018 $11,442 $971,200 $748,400 $222,800
2017 $10,362 $671,876 $0 $0
2016 $8,887 $687,000 $418,400 $268,600
2015 $8,414 $634,500 $376,600 $257,900
2014 $7,363 $458,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Anderson Jr

    Seller's Agent in 2021

    Robert Anderson Jr

    RE/MAX

    (941) 320-6115

    20 in this area

    71 Total Sales

    Robert Anderson Jr
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4478649

Stellar MLS

APN: 0082-12-0010

Florida Sarasota County Sarasota 34242

527 Beach Rd Unit 527 / 529, Sarasota, FL

This home is located at 527 Beach Rd Unit 527 / 529, Sarasota, FL 34242 since 18 September 2020 and is currently estimated at $2,840,403, approximately $1,575 per square foot. This property was built in 1985. 527 Beach Rd Unit 527 / 529 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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