NOT LISTED FOR SALE

5300 Ocean Blvd Unit 1 Sarasota, FL 34242

Estimated Value: $1,584,000 - $2,078,000

2 Beds
2 Baths
1,446 Sq Ft
$996/mo HOA Fee

Last Sold July 17, 2014

Last sale price $950,000 $657 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $11,872/month

7 Days on Market

Highlights

  • Beach View
  • Property fronts gulf or ocean
  • Fitness Center
  • Phillippi Shores Elementary School Rated A
  • Public Beach
  • Heated In Ground Pool

About This Home

As of July 2014

Magnificent Crescent Beach Views from your very private Penthouse! This corner residence is situated in one of Siesta Key’s best run condominiums. The home features wraparound terraces that invite spectacular views of the azure waters of the Gulf of Mexico, the sands of one of the world's most renowned beaches, unparalleled sunsets and the night lights of Siesta Key Village, its restaurants and shops within easy walking distance. The light-filled residence is designed for casual living with a well designed and outfitted kitchen opening to dining and living areas, all with heart-stopping views. The private master is graced with views of the Gulf through walls of glass and features beautifully finished master bath and generous closets. A guest suite is nicely separate for privacy when family and guests are in residence. The building offers lap pool, tennis court and private beach access. On-site manager. Covered Parking.

Last Agent to Sell the Property

Kelly Quigley

MICHAEL SAUNDERS & COMPANY License #3096483 Listed on: 06/10/2014

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Ethel Lovelace

MICHAEL SAUNDERS & COMPANY License #0598345

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,586

Year Built

  • Built in 1973

Lot Details

  • Property fronts gulf or ocean
  • Property fronts a public beach
  • Public Beach
  • Zero Lot Line

HOA Fees

  • $996 Monthly HOA Fees

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,446 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Heated In Ground Pool
  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Balcony
  • Deck
  • Patio
  • Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot PH1
  • Assessor Parcel Number 0080241043

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, management, pest control, recreational facilities, security, sewer, trash, water
  • Terrace East Community
  • Terrace East Subdivision
  • On-Site Maintenance
  • 12-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,586

Year Built

Built in 1973

Lot Details

0

HOA Fees

$996 per month

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1446
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 1870
  • Directions to Property: Located at the corner of Ocean Blvd. and Beach Rd., please park in guest parking.
  • Status: Sold
  • Co List Office Mls Id: MFR281502349
  • Co List Office Phone: 941-966-8000
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1046728
  • RATIO Current Price By Calculate: 656.98
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 1
  • Property Description: Corner Unit,High Rise,Penthouse
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 12
  • Window Features: Blinds
  • Street Number Modifier: 5300
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Room Count: 7

Exterior Features

  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony
  • Roof: Membrane
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Disclosures: Condominium Disclosure Available
  • Water Access: Beach - Access Deeded,Beach - Public,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Assigned, Guest

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Other, Public
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fitness Center, Pool, Tennis Courts, Water Access
  • Association Amenities: Elevator(s), Fitness Center, Laundry, Maintenance, Tennis Court(s)
  • Association Fee: 2989
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required
  • Building Name Number: TERRACE EAST

Fee Information

  • Monthly HOA Amount: 996.33

Schools

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

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0080241043
  • Additional Parcels: No
  • Lot Features: Zero Lot Line
  • Homestead YN: 0

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Annual Amount: 7586
  • Tax Book Number: 982-1691
  • Tax Lot: PH1

Multi Family

  • Waterfront Features: Beach - Public, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2014
Closed on
Aug 18, 2014
Sold by
Basile Ralph J and Macdonald Basile Karen
Bought by
Macdonald Basile Karen Ann and Karen Ann Macdonald Basile Trust
Seller's Agent
Kelly Quigley
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Ethel Lovelace
MICHAEL SAUNDERS & COMPANY
List Price
$995,000
Sold Price
$950,000
Premium/Discount to List
-$45,000
-4.52%
Current Estimated Value
$1,728,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$778,563
Avg. Annual Appreciation
5.46%

Purchase Details

Listed on
Jun 10, 2014
Closed on
Jul 10, 2014
Sold by
Neugent Gerard D and Twenty Fourth Amended & Restat
Bought by
Basile Ralph J and Macdonald Basile Karen
Seller's Agent
Kelly Quigley
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Ethel Lovelace
MICHAEL SAUNDERS & COMPANY
List Price
$995,000
Sold Price
$950,000
Premium/Discount to List
-$45,000
-4.52%

Purchase Details

Closed on
Jan 30, 1996
Sold by
Klug I S and Klug Bertha
Bought by
Knapp William C
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
Macdonald Basile Karen Ann -- Attorney
Basile Ralph J $950,000 Msc Title Inc
Knapp William C $305,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Off Market $950,000 -- --
07/17/2014 07/17/14 Sold $950,000 -4.5% $657 / Sq Ft
06/10/2014 06/10/14 For Sale $995,000 -- $688 / 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 $20,432 $1,531,400 -- $1,531,400
2023 $20,432 $1,759,400 $0 $1,759,400
2022 $15,941 $1,461,800 $0 $1,461,800
2021 $13,102 $1,065,000 $0 $1,065,000
2020 $11,988 $937,200 $0 $937,200
2019 $11,706 $972,900 $0 $972,900
2018 $9,823 $761,700 $0 $761,700
2017 $10,663 $814,700 $0 $814,700
2016 $10,571 $791,000 $0 $791,000
2015 $10,695 $779,300 $0 $779,300
2014 $8,187 $533,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelly Quigley

    Seller's Agent in 2014

    Kelly Quigley

    Michael Saunders

    (941) 356-9954

    4 in this area

    51 Total Sales

    Kelly Quigley
    Section Image
  • Ethel Lovelace

    Buyer's Agent in 2014

    Ethel Lovelace

    Michael Saunders

    (941) 586-7390

    40 in this area

    75 Total Sales

    Ethel Lovelace
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4100055

Stellar MLS

APN: 0080-24-1043

Florida Sarasota County Sarasota 34242

5300 Ocean Blvd Unit 1, Sarasota, FL

This home is located at 5300 Ocean Blvd Unit 1, Sarasota, FL 34242 since 10 June 2014 and is currently estimated at $1,728,563, approximately $1,195 per square foot. This property was built in 1973. 5300 Ocean Blvd Unit 1 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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