NOT LISTED FOR SALE

528 Beach Rd Sarasota, FL 34242

Estimated Value: $1,925,000 - $4,220,000

2 Beds
3 Baths
2,016 Sq Ft
$1,582/Sq Ft Est. Value

Last Sold January 27, 2012

Last sale price $2,500,000 $1,240 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $21,106/month

208 Days on Market

Highlights

  • Beach View
  • Property fronts gulf or ocean
  • Key West Architecture
  • Phillippi Shores Elementary School Rated A
  • Open Floorplan
  • Great Room

About This Home

As of January 2012

One-of-a-kind DIRECT BEACHFRONT Cottage: Sink your toes in the sugary white sands of the #1 Beach in America - Siesta Key Beach! This alluring island paradise is truly unique; there are only a handful of single family homes located directly on SiestaKey Beach and that are also a short distance to Village. For those who prize the exclusivity of owning a private beachfront residence, complete with endless unobstructed Gulf and Beach views, balmy breezes, and tropical ease of Siesta Key,welcome to the charming "Yellow Beach Cottage". Siesta Key, and its village, is laid back and known for its quartz sand beaches and friendly island lifestyle. The delightful Yellow Beach Cottage is typified by the Key West architecture which includes expansive verandahsfor optimal views and plenty of shade, louvered shutters that welcome the sea breezes, and a metal roof for reflecting the sun. Upon entering the cottage, you are instantly aware that this is a magical location - the zoysia lawn and white shell path leadyour gaze to the azure blue waters of the Gulf of Mexico. Upstairs, you will bask in breathtaking views and will experience amazing sunsets and the enchanting waves. Cottage features open floor plan with updated kitchen, wood and Saltillo tile, crown moulding, shiplap walls, recessed lighting, & 2 car garage. Per seller's survey,property is 2 lots plus accretion to the 'mean high water line' for a total of 1.15 acres or 50,237 sqft. Zoning & lot dimensions to be verified by buyer.

Last Agent to Sell the Property

Amy Robinson

AMY ROBINSON REAL ESTATE LLC License #3082670 Listed on: 06/10/2011

Last Buyer's Agent

David DAngelo

MICHAEL SAUNDERS & COMPANY License #3076963

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,307

Year Built

  • Built in 1973

Lot Details

  • 0.54 Acre Lot
  • Property fronts gulf or ocean
  • Property fronts a public beach
  • East Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Property is zoned RMF1

Parking

  • 2 Car Attached Garage

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Key West Architecture
  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 2,016 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Inside Utility
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Flood Zone Lot

Community Details

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

Listing and Financial Details

  • Legal Lot and Block 3 / 22
  • Assessor Parcel Number 0082130012

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,307

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Key West
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2016
  • Lot Size Acres: 0.54
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 3063
  • Lot Size Sq Ft: 23716
  • Directions to Property: Ocean Boulevard to Beach Road, to #528 Beach Road on the Beach
  • Status: Sold
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Home Warranty Y N: No
  • Subdivision Num: 0289
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.84746
  • Price per Sq Ft: 1240.08
  • Close to Original List Price Ratio: 0.71429
  • Ratio: Current Price\Building Area Total: 816.19
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2010
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Open Floorplan, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Stories: 2
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 528
  • Room Count: 7
  • Additional Rooms: Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Irrigation System, Sliding Doors
  • Roof: Metal
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Water View: Beach, Gulf/Ocean - Full
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Association Fee Requirement: None

Schools

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

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0082130012
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone, In County
  • Millage Rate: 13.56
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2012-01-27T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 18307
  • Tax Block: 22
  • Tax Book Number: 0001/0076
  • Tax Lot: 3

Multi Family

  • Waterfront Features: Beach - Public, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2012
Sold by
Mi Playa Llc
Bought by
Rinker Resia L and Resia L Rinker Revocable Trust
Current Estimated Value
$3,254,832

Purchase Details

Listed on
Jun 10, 2011
Closed on
Jan 27, 2012
Sold by
Mi Playa Llc
Bought by
Resia L Rinker Revocable Trust
Seller's Agent
Amy Robinson
AMY ROBINSON REAL ESTATE LLC
Buyer's Agent
David DAngelo
MICHAEL SAUNDERS & COMPANY
List Price
$2,500,000
Sold Price
$2,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.13%

Purchase Details

Closed on
Jul 15, 2009
Sold by
Mastin Charles and Mastin Christine C
Bought by
Mi Playa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 14, 2009
Sold by
Riley Mark P
Bought by
Mi Playa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 22, 2005
Sold by
Mastin Charles and Riley Mark P
Bought by
Mastin Ii Charles and Mastin Christine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,365,000
Interest Rate
2%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 28, 2004
Sold by
Welch Paul E
Bought by
Mastin Ii Charles and Riley Mark P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,236,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 1996
Sold by
Feldman Cecelia
Bought by
Welch Paul E
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
Rinker Resia L $2,500,000 Sarasota Title Services Inc
Resia L Rinker Revocable Trust $2,500,000 Sarasota Title Services Inc
Mi Playa Llc -- Attorney
Mi Playa Llc $1,545,000 Attorney
Mi Playa Llc -- Attorney
Mastin Ii Charles $1,505,200 Diamond Title Sarasota Inc
Mastin Ii Charles $2,795,000 Diamond Title Sarasota Inc
Welch Paul E $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miplaya Llc $900,000
Previous Owner Mi Playa Llc $900,000
Previous Owner Mastin Ii Charles $2,365,000
Previous Owner Mastin Ii Charles $2,236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2012 01/27/12 Sold $2,500,000 0.0% $1,240 / Sq Ft
01/05/2012 01/05/12 Pending -- -- --
06/10/2011 06/10/11 For Sale $2,500,000 -- $1,240 / 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 $40,467 $3,096,738 -- --
2023 $40,467 $3,986,200 $3,341,200 $645,000
2022 $37,803 $3,693,100 $3,127,300 $565,800
2021 $31,976 $2,765,500 $2,372,300 $393,200
2020 $27,200 $2,140,500 $1,776,400 $364,100
2019 $26,955 $2,131,400 $1,785,100 $346,300
2018 $28,194 $2,227,600 $1,896,700 $330,900
2017 $29,880 $2,321,900 $1,984,500 $337,400
2016 $29,761 $2,264,700 $1,884,700 $380,000
2015 $33,384 $2,477,700 $2,175,100 $302,600
2014 $30,439 $1,993,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3944734

Stellar MLS

APN: 0082-13-0012