NOT LISTED FOR SALE

5300 Ocean Blvd Unit BOULEVARD Sarasota, FL 34242

Estimated Value: $1,393,000 - $1,651,000

2 Beds
2 Baths
1,446 Sq Ft
$850/mo HOA Fee

Last Sold May 10, 2012

Last sale price $640,000 $443 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $10,221/month

29 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Beach View
  • Public Beach
  • Phillippi Shores Elementary School Rated A
  • Water access To Gulf or Ocean
  • Fitness Center

About This Home

As of May 2012

SHORT SALE ..... THE BEST VIEWS ON ALL OF SIESTA KEY. This Penthouse unit is a one of a kind. Enjoy unparalleled views of the Gulf Sunsets, Morning Sunrises, and north to Longboat Key and downtown Sarasota. High-end, secure building. Beach, pool,tennis and Siesta Key Village, all at your doorstep. This is a short sale, but your patience will pay off big time. Very rarely available, especially at this price.

Last Agent to Sell the Property

Mark McCann, PA

MICHAEL SAUNDERS & COMPANY License #3087995 Listed on: 12/08/2011

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Mark McCann, PA

MICHAEL SAUNDERS & COMPANY License #3087995 Listed on: 12/08/2011

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,334

Year Built

  • Built in 1973

Lot Details

  • 200 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property fronts a public beach
  • Public Beach
  • End Unit
  • East Facing Home
  • Well Sprinkler System
  • Zero Lot Line

HOA Fees

  • $850 Monthly HOA Fees

Property Views

  • Beach
  • Intracoastal
  • Full Gulf or Ocean
  • Tennis Court

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,446 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors

Kitchen

  • Oven
  • Range with Range Hood

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Pool

  • Heated Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Exterior Lighting
  • Outdoor Grill

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Tax Lot PH
  • Assessor Parcel Number 0080241046

Community Details

Overview

  • Association fees include cable TV, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, recreational facilities, security, sewer, trash, water
  • Terrace East 228 3672 Association
  • High-Rise Condominium
  • Terrace East Community
  • Terrace East Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • Rental Restrictions
  • 9-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,334

Year Built

Built in 1973

Lot Details

0

HOA Fees

$850 per month

Listing Details

  • HOA Fee Includes: Cable TV, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1446
  • Lot Size Acres: 1.95
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 1870
  • Lot Size Sq Ft: 84894
  • Directions to Property: Ocean Boulevard to address on corner of Ocean and Beach Road
  • Status: Sold
  • Floor Number: 9
  • Homestead Y N: Yes
  • Total Acreage: 1 to less than 2
  • Home Warranty Y N: No
  • Subdivision Num: 7197
  • Property Description: Corner Unit, End Unit, High Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.91429
  • Price per Sq Ft: 442.6
  • Close to Original List Price Ratio: 0.80503
  • Ratio: Current Price\Building Area Total: 342.25
  • View: Yes
  • Ownership: Condominium,Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: 12

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Window Treatments
  • Appliances Included: Electric Water Heater, Other, Oven, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 9
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 5300
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated
  • Exterior Features: Balcony, Lighting, Outdoor Grill, Outdoor Shower, Sliding Doors
  • Roof: Membrane
  • Pool Private: No
  • View: Tennis Court, Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Water View: Beach, Gulf/Ocean - Full, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Access: Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 200
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sprinkler Well
  • 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: Association Recreation - Owned, Buyer Approval Required, Fitness, Pool
  • Association Amenities: Elevator(s), Fitness Center, Laundry, Maintenance
  • Association Fee: 850
  • Association Fee Frequency: Monthly
  • Association Name: Terrace East 228-3672
  • Association: Yes
  • Security: Smoke Detector(s)
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 10200
  • Total Monthly Fees: 850

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0080241046
  • Additional Parcels: No
  • Lot Features: In County, Near Public Transit, Zero Lot Line
  • Millage Rate: 13.16
  • Future Land Use: 0405
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Minimum Lease: 8-12 Months
  • Num Timesper Year: 1
  • Expected Lease Date: 2012-05-10T04:00:00.000Z
  • Lease Restrictions Y N: Yes

Tax Info

  • Tax Annual Amount: 7334
  • Tax Book Number: 0006/0023
  • Tax Lot: PH

Multi Family

  • Waterfront Features: Beach - Public, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2011
Closed on
May 9, 2012
Sold by
Cooper Andrew H
Bought by
Gwinnell Jeffrey R and Benham Margaret A
Seller's Agent
Mark McCann, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Mark McCann, PA
MICHAEL SAUNDERS & COMPANY
List Price
$640,000
Sold Price
$640,000
Current Estimated Value
$1,493,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$853,480
Avg. Annual Appreciation
6.50%

Purchase Details

Closed on
Dec 29, 2005
Sold by
Ward Charles and Ward Sherry
Bought by
Cooper Andrew H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,189,500
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 26, 2003
Sold by
Ben-Avi Avrum and Benavi Rachel
Bought by
Ward Charles and Ward Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.04%
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
Gwinnell Jeffrey R $640,000 Attorney
Cooper Andrew H $1,830,000 --
Ward Charles $801,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cooper Andrew H $1,189,500
Previous Owner Ward Charles $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2012 05/10/12 Sold $640,000 0.0% $443 / Sq Ft
01/07/2012 01/07/12 Pending -- -- --
12/08/2011 12/08/11 For Sale $640,000 -- $443 / 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 $17,441 $1,327,354 -- --
2023 $17,441 $1,688,800 $0 $1,688,800
2022 $15,139 $1,393,000 $0 $1,393,000
2021 $12,775 $1,029,800 $0 $1,029,800
2020 $11,692 $906,600 $0 $906,600
2019 $11,438 $943,400 $0 $943,400
2018 $9,694 $751,300 $0 $751,300
2017 $10,663 $814,700 $0 $814,700
2016 $10,571 $791,000 $0 $791,000
2015 $10,418 $779,300 $0 $779,300
2014 $8,187 $533,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark McCann, PA

    Seller's Agent in 2012

    Mark McCann, PA

    Michael Saunders

    (941) 685-7624

    7 in this area

    26 Total Sales

    Mark McCann, PA
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Map

Source: Stellar MLS

MLS Number: A3952842

Stellar MLS

APN: 0080-24-1046

Florida Sarasota County Sarasota 34242

5300 Ocean Blvd Unit BOULEVARD, Sarasota, FL

This home is located at 5300 Ocean Blvd Unit BOULEVARD, Sarasota, FL 34242 since 08 December 2011 and is currently estimated at $1,493,480, approximately $1,032 per square foot. This property was built in 1973. 5300 Ocean Blvd Unit BOULEVARD 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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