NOT LISTED FOR SALE

5300 Ocean Blvd Unit 802 Sarasota, FL 34242

Estimated Value: $1,163,000 - $1,336,524

2 Beds
2 Baths
1,375 Sq Ft
1.95 Acres

Last Sold March 24, 2021

Last sale price $975,000 $709 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,899/month

9 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Water Access
  • Open Floorplan
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • Outdoor Kitchen

About This Home

As of March 2021

Breathtaking views of the Gulf of Mexico and beach access to the sugary sands of Siesta Key Beach! Live the Florida dream on beautiful Siesta Key from this spectacular high rise featuring community pool, tennis court, fitness center and 24 hour secured access, all just steps to the quaint Village of Siesta Key. Known for spacious open air terraces, Terrace East is an island retreat with an easy sophisticated lifestyle providing you an escape from the harsh winter up North; a perfect weekend retreat or year-round residence. Sunsets and blue water views, beach access and warm salty breezes make this a perfect island getaway. A spacious unit featuring 2 bedrooms and 2 bath great room floor plan with terraces off both bedrooms and a generous living area with a larger terrace looking out over the pool at the Gulf of Mexico. Relax or socialize around the lap pool or make use of the tennis courts. A rare opportunity to make Siesta Key your island home.

Last Agent to Sell the Property

Jo Ellyn Yturraspe

COLDWELL BANKER REALTY License #3022129 Listed on: 02/10/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Jo Ellyn Yturraspe

COLDWELL BANKER REALTY License #3022129 Listed on: 02/10/2021

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,055

Year Built

  • Built in 1973

Lot Details

  • Property fronts gulf or ocean
  • East Facing Home
  • Irrigation

Home Design

  • Stem Wall Foundation
  • Concrete Siding

Interior Spaces

  • 1,375 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Shades
  • Sliding Doors
  • Great Room
  • L-Shaped Dining Room
  • Breakfast Room
  • Formal Dining Room
  • Water Views
  • Laundry in Hall

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

Parking

  • 1 Carport Space
  • Ground Level Parking
  • Circular Driveway
  • Guest Parking
  • Reserved Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill
  • Front Porch

Location

  • City Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 802
  • Assessor Parcel Number 0080241028

Community Details

Overview

  • Association fees include common area taxes, community pool, escrow reserves fund, fidelity bond, insurance, maintenance exterior, ground maintenance, manager, pest control, pool maintenance, recreational facilities, sewer, trash, water
  • Terrace East Subdivision
  • Association Approval Required
  • Association Owns Recreation Facilities

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool

Security

  • Security Service
  • Card or Code Access
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,055

Year Built

Built in 1973

Lot Details

0

Listing Details

  • HOA Fee Includes: Common Area Taxes, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Exterior, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Property Description: High Rise
  • Water View: Yes
  • Construction Materials: Concrete
  • Living Area: 1375.00
  • Year Built: 1973
  • Building Area Total: 1543.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4491049?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4491049?w=Customer
  • Other Exemptions: Yes
  • Building Search Sq Meters: 143.35
  • Directions to Property: Siesta Key is located at the corner of Ocean and Beach. The closest high rise to the south end of Siesta Key.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 5
  • Living Area Units: Square Feet
  • Additional Rooms: Breakfast Room Separate, Formal Dining Room Separate, Formal Living Room Separate, Great Room
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Elevator, L Dining, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Stem Wall
  • Total Bedrooms: 2
  • Floor Number: 8
  • Levels: One
  • Stories: 1
  • Window Features: Shades
  • Living Area Meters: 127.74
  • Street Number Modifier: 5300

Exterior Features

  • Direction Faces: East
  • Waterfront Feet Gulf Ocean: 100
  • Water Access: Beach - Public, Gulf/Ocean
  • Exterior Features: Hurricane Shutters, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
  • Water View: Gulf/Ocean - Partial
  • Flood Zone Code: VE
  • Flood Zone Date: 11/04/2016
  • Water Access: Yes
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Front Porch, Rear Porch
  • Road Surface Type: Asphalt, Paved

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Assigned, Circular Driveway, Covered, Ground Level, Guest, Reserved

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Corridor Access
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Not Applicable
  • Community Features: Association Recreation - Owned, Buyer Approval Required, Fitness, Pool, Sidewalk, Tennis Courts, Water Access
  • Building Name Number: TERRACE EAST
  • Condo Fees: 2794
  • Condo Fees Term: Quarterly
  • Monthly Condo Fee Amount: 931
  • Association Amenities: Elevators, Fitness Center, Laundry, Lobby Key Required, Pool, Recreation Facilities, Security, Tennis Court(s)
  • Association Approval Required: Yes
  • Security: Fire Alarm, Fire Sprinkler System, Smoke Detector(s)

Fee Information

  • Waterfront Frontage: 100
  • Total Annual Fees: 11176.00
  • Total Monthly Fees: 931.33

Schools

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

Lot Info

  • Zoning Compatible: Yes
  • Zoning: RMF1
  • Parcel Number: 0080241028
  • Lot Features: In City Limits

Rental Info

  • Minimum Lease: 1-2 Years
  • Additional Lease Restrictions: Annual rental only
  • Furnished: Furnished Or Unfurnished
  • Lease Restrictions: Yes
  • Years of Owner Prior to Leasing: Yes

Multi Family

  • Approval Process: Application and Approval
  • Waterfront Features: Gulf/Ocean

Tax Info

  • Tax Annual Amount: 8055.48
  • Tax Book Number: 982-1691
  • Tax Lot: 802

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2021
Closed on
Mar 24, 2021
Sold by
Every Pamela Dianne and Every Thomas Wayne
Bought by
Joyce Lynn Walz Trust
Seller's Agent
Jo Ellyn Yturraspe
COLDWELL BANKER REALTY
Buyer's Agent
Jo Ellyn Yturraspe
COLDWELL BANKER REALTY
List Price
$995,000
Sold Price
$975,000
Premium/Discount to List
-$20,000
-2.01%
Current Estimated Value
$1,241,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,131
Avg. Annual Appreciation
5.42%

Purchase Details

Closed on
Jun 15, 1999
Sold by
Every Pamela D
Bought by
Miskovetz Joy Anne
Source: Public Records

Range of Values:

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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
Joyce Lynn Walz Trust $975,000 Git Florida Title Services
Miskovetz Joy Anne $225,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2021 03/24/21 Sold $975,000 -2.0% $709 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $995,000 -- $724 / 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 $16,068 $1,204,700 -- $1,204,700
2023 $16,068 $1,388,900 $0 $1,388,900
2022 $12,003 $988,400 $0 $988,400
2021 $9,484 $745,500 $0 $745,500
2020 $8,055 $651,700 $0 $651,700
2019 $8,232 $670,600 $0 $670,600
2018 $8,398 $684,200 $0 $684,200
2017 $8,708 $661,000 $0 $661,000
2016 $4,056 $661,000 $0 $661,000
2015 $4,131 $651,300 $0 $651,300
2014 $4,115 $313,524 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jo Ellyn Yturraspe

    Seller's Agent in 2021

    Jo Ellyn Yturraspe

    COLDWELL BANKER REALTY

    (941) 587-9539

    1 in this area

    29 Total Sales

    Jo Ellyn Yturraspe
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Map

Source: Stellar MLS

MLS Number: A4491049

Stellar MLS

APN: 0080-24-1028

Florida Sarasota County Sarasota 34242

5300 Ocean Blvd Unit 802, Sarasota, FL

This home is located at 5300 Ocean Blvd Unit 802, Sarasota, FL 34242 since 10 February 2021 and is currently estimated at $1,241,131, approximately $902 per square foot. This property was built in 1973. 5300 Ocean Blvd Unit 802 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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