NOT LISTED FOR SALE

531 Beach Rd Unit B Sarasota, FL 34242

Estimated Value: $1,690,000 - $2,257,000

4 Beds
2 Baths
1,884 Sq Ft
$1,042/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $2,099,000 $1,114 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $12,162/month

545 Days on Market

Highlights

  • Private Pool
  • No HOA
  • Fenced
  • Phillippi Shores Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of May 2022

Siesta Key duplex directly across the street from "Siesta Beach" named best beach in the U.S. by TripAdvisor. This is the last Condo Duplex lot on Beach road with a certified construction approval. This area has a great rental history, and it is in demand year round. Over the past few years older homes have given way to large upscale luxury homes and rentals. The new owner will have a choice to build a new 35' single family or duplex with ground floor parking , divide the current duplex into a condominium, or keep the current configuration with great rental history. The front unit is a 2 bd/ 2b, the rear unit is 1 bd with 1 1/2 bath , pool, garage and loft bedroom. The duplex was established before November 1975 and the lot is greater than 7260 square feet.

Last Agent to Sell the Property

Steven Koleno

BEYCOME OF FLORIDA LLC License #3469487 Listed on: 11/17/2020

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,850

Year Built

  • Built in 1950

Lot Details

  • 7,309 Sq Ft Lot
  • Fenced

Parking

  • Driveway

Home Design

  • 1,884 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Pool

  • Private Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Sarasota Beach Community
  • Sarasota Beach Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,850

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1884
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1950
  • Lot Size Sq Ft: 7309
  • Directions to Property: I 75 exit 205 west on Clark until siesta key
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5906478?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5906478?w=Customer
  • Unit Count: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 1114.12
  • Close to Original List Price Ratio: 1.76535
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Foundation Details: Slab
  • Street Number Modifier: 531
  • Number Of Buildings: 2

Exterior Features

  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0143F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway
  • Open Parking: No

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0082140046
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6849.76
  • Tax Block: 21
  • Tax Book Number: 1-76
  • Tax Lot: 24

Range of Values:

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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2022 05/16/22 Sold $2,099,000 0.0% $1,114 / Sq Ft
01/26/2022 01/26/22 Price Changed $2,099,000 +10.5% $1,114 / Sq Ft
11/19/2021 11/19/21 Price Changed $1,899,000 +15.1% $1,008 / Sq Ft
09/29/2021 09/29/21 Price Changed $1,650,000 +13.8% $876 / Sq Ft
09/08/2021 09/08/21 Price Changed $1,450,000 -23.6% $770 / Sq Ft
05/18/2021 05/18/21 Price Changed $1,899,000 +18.8% $1,008 / Sq Ft
02/20/2021 02/20/21 Price Changed $1,599,000 +14.3% $849 / Sq Ft
01/30/2021 01/30/21 Price Changed $1,399,000 +7.7% $743 / Sq Ft
12/01/2020 12/01/20 Price Changed $1,299,000 +9.3% $689 / Sq Ft
11/16/2020 11/16/20 For Sale $1,189,000 -- $631 / 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 $20,595 $1,821,200 $1,774,100 $47,100
2023 $20,595 $1,712,600 $1,654,900 $57,700
2022 $8,886 $856,691 $0 $0
2021 $6,850 $541,322 $0 $0
2020 $6,740 $523,547 $0 $0
2019 $6,797 $548,482 $0 $0
2018 $6,539 $545,306 $0 $0
2017 $5,813 $448,179 $0 $0
2016 $5,771 $694,800 $584,000 $110,800
2015 $5,476 $612,700 $515,700 $97,000
2014 $5,279 $343,617 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Steven Koleno

    BEYCOME OF FLORIDA LLC

    (312) 300-6768

    3 in this area

    11,607 Total Sales

    Steven Koleno
    Section Image
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Map

Source: Stellar MLS

MLS Number: O5906478

Stellar MLS

APN: 0082-14-0046

Florida Sarasota County Sarasota 34242

531 Beach Rd Unit B, Sarasota, FL

This home is located at 531 Beach Rd Unit B, Sarasota, FL 34242 since 17 November 2020 and is currently estimated at $1,962,551, approximately $1,041 per square foot. This property was built in 1950. 531 Beach Rd Unit B 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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