NOT LISTED FOR SALE

5300 Ocean Blvd Unit 604 Sarasota, FL 34242

Estimated Value: $1,805,000 - $2,865,984

2 Beds
2 Baths
1,446 Sq Ft
$822/mo HOA Fee

Last Sold April 27, 2012

Last sale price $699,000 $483 Per Sq Ft

Est. 243% increase in value since last sale

Current estimated payment $15,046/month

38 Days on Market

Highlights

  • Beach View
  • Water Access
  • Spa
  • Phillippi Shores Elementary School Rated A
  • Public Beach
  • Open Floorplan

About This Home

As of April 2012

Direct Gulf Front Beach Retreat on Siesta Key. Expertly renovated and turnkey furnished with Robb & Stucky flair! This corner unit with floor to ceiling windows is filled with light and spectacular views of the Gulf of Mexico. Decorator features include large diagonal tile, granite counters, remodeled bathrooms, maple cabinets, stainless appliances and recessed lighting. The elevator is semi-private and is shared by only 1 other unit. Automated hurricane shutters are included for every window. Wonderful amenities include a heated pool, tennis courts, club room and fitness center. From here, you are out your front door and into the Siesta Key Village where you will enjoy shopping and dining. You are also very close to downtown Sarasota and all the cultural amenities of our town. This is a residential building and allows for 1 year minimum rentals.

Last Agent to Sell the Property

Nicki Conway, LLC

FINE PROPERTIES License #3056963 Listed on: 02/28/2012

Last Buyer's Agent

Jen McNally

LIMBO COMPANY SARASOTA ASSOC License #3239180

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,216

Year Built

  • Built in 1973

Lot Details

  • Public Beach
  • End Unit
  • East Facing Home
  • Landscaped with Trees

HOA Fees

  • $822 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
  • Furnished
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Spa
  • Water Access
  • Balcony
  • Exterior Lighting

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 604
  • Assessor Parcel Number 0080241022

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, manager, recreational facilities, sewer, water
  • Terrace East Community
  • Terrace East Subdivision
  • The community has rules related to deed restrictions
  • 9-Story Property

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,216

Year Built

Built in 1973

Lot Details

0

HOA Fees

$822 per month

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Recreational Facilities, Sewer, 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: 1623
  • Directions to Property: Ocean Blvd to 5300 just before the village
  • Status: Sold
  • Floor Number: 6
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: No
  • Subdivision Num: 7197
  • Property Description: Corner Unit, End Unit
  • Call Center Phone Number: 941-928-5732
  • Ratio: Close Price\List Price: 0.932
  • Price per Sq Ft: 483.4
  • Close to Original List Price Ratio: 0.932
  • Ratio: Current Price\Building Area Total: 430.68
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Elevator, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 9
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 5300
  • Room Count: 7
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Hurricane Shutters, Lighting, Sliding Doors
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: Beach - Public
  • Water View Y N: Yes
  • Water Access Y N: Yes

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Assigned
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Public, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Fee: 822
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Smoke Detector(s)
  • Condo Fees Term: Monthly
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 9864
  • Total Monthly Fees: 822

Schools

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

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0080241022
  • Additional Parcels: No
  • Millage Rate: 13.16
  • Future Land Use: 0405
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 8-12 Months
  • Num Timesper Year: 1
  • Expected Lease Date: 2012-04-27T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 7216
  • Tax Book Number: 0006/0023
  • Tax Lot: 604

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2015
Sold by
Gannon John J and Byler Tamatha Joy
Bought by
Silvestri Richard M and Silvestri Donna L
Current Estimated Value
$2,400,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Outstanding Balance
$567,989
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,832,757

Purchase Details

Listed on
Feb 28, 2012
Closed on
Apr 27, 2012
Sold by
Sadasivan Raj and Sadasivan Theresa Denise
Bought by
Gannon Norma J and John J Gannon Tax Shelter Trus
Seller's Agent
Nicki Conway, LLC
FINE PROPERTIES
Buyer's Agent
Jen McNally
LIMBO COMPANY SARASOTA ASSOC
List Price
$699,000
Sold Price
$699,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%
Original Mortgage
$559,200
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 21, 2008
Sold by
Bernstein Donald H and Bernstein Barbara K
Bought by
Sadasivan Raj and Sadasivan Theresa Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
5.62%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 27, 2000
Sold by
Bernstein Donald H and Bernstein Barbara K
Bought by
Bernstein Donald H
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Silvestri Richard M $949,000 Attorney
Gannon Norma J $699,000 Starr Title Insurance Agency
Sadasivan Raj $915,000 Attorney
Bernstein Donald H -- --
Bernstein Donald H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silvestri Richard M $740,000
Previous Owner Gannon Norma J $559,200
Previous Owner Sadasivan Raj $435,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2012 04/27/12 Sold $699,000 0.0% $483 / Sq Ft
04/07/2012 04/07/12 Pending -- -- --
02/28/2012 02/28/12 For Sale $699,000 -- $483 / 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 $18,402 $1,594,670 -- --
2023 $18,402 $1,548,223 $0 $0
2022 $17,978 $1,503,129 $0 $0
2021 $18,108 $1,459,349 $0 $0
2020 $18,227 $1,439,200 $0 $1,439,200
2019 $18,296 $1,454,772 $0 $0
2018 $8,301 $675,200 $0 $675,200
2017 $8,538 $682,641 $0 $0
2016 $8,531 $668,600 $0 $668,600
2015 $9,095 $658,700 $0 $658,700
2014 $9,032 $591,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2012

    Nicki Conway, LLC

    FINE PROPERTIES

  • J

    Buyer's Agent in 2012

    Jen McNally

    LIMBO COMPANY SARASOTA ASSOC

See All Agents

Map

Source: Stellar MLS

MLS Number: A3956637

Stellar MLS

APN: 0080-24-1022

Florida Sarasota County Sarasota 34242

5300 Ocean Blvd Unit 604, Sarasota, FL

This home is located at 5300 Ocean Blvd Unit 604, Sarasota, FL 34242 since 28 February 2012 and is currently estimated at $2,400,746, approximately $1,660 per square foot. This property was built in 1973. 5300 Ocean Blvd Unit 604 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

Nearby Homes