NOT LISTED FOR SALE

531 Beach Rd Unit B Sarasota, FL 34242

Siesta Key Area

Estimated Value: $1,894,548 - $2,439,000

4 Beds
2 Baths
1,884 Sq Ft
$1,148/Sq Ft Est. Value

Sale Details

Date Sold: May 16, 2022

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

Est. 3% increase in value since last sale

Current estimated payment $13,691 / mo

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

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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

7,309 Sq Ft Lot

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
  • 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
  • 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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2020
Closed on
May 5, 2022
Sold by
Kelly Edward F
Bought by
Seller's Agent
Steven Koleno
BEYCOME OF FLORIDA LLC
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$1,189,000
Sold Price
$2,099,000
Premium/Discount to List
$910,000
76.53%
Current Estimated Value
$2,162,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,637
Avg. Annual Appreciation
0.70%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Sarasota, FL

  • Esther Eti Farber Real Estate Agent - KW COASTAL LIVING III

    Esther Eti Farber

    KW COASTAL LIVING III

    (989) 209-1555

    36 Total Sales

    5 in Siesta Key

    $315K - $1.7M Price Range

    Esther Eti Farber
     Section Image
  • Estela Ziu Real Estate Agent - COMPASS FLORIDA, LLC

    Estela Ziu

    COMPASS FLORIDA, LLC

    (813) 592-7263

    24 Total Sales

    1 in Siesta Key

    $1,550,000 Price

    Estela Ziu
     Section Image
  • Kate Teixeira Real Estate Agent - COLDWELL BANKER REALTY

    Kate Teixeira

    COLDWELL BANKER REALTY

    (401) 200-3032

    45 Total Sales

    1 in Siesta Key

    $1,225,000 Price

    Kate Teixeira
     Section Image
  • Julianna Kovacs Real Estate Agent - FINE PROPERTIES

    Julianna Kovacs

    FINE PROPERTIES

    (941) 269-2409

    78 Total Sales

    1 in Siesta Key

    $1,250,000 Price

    Julianna Kovacs
     Section Image
  • Kara Wootson Real Estate Agent - WAGNER REALTY

    Kara Wootson

    WAGNER REALTY

    (470) 870-7724

    27 Total Sales

    2 in Siesta Key

    $680K - $1.3M Price Range

    Kara Wootson
     Section Image
  • Michael Graf Real Estate Agent - COLDWELL BANKER SARASOTA CENT.

    Michael Graf

    COLDWELL BANKER SARASOTA CENT.

    (941) 260-0569

    44 Total Sales

    5 in Siesta Key

    $375K - $1M Price Range

    Michael Graf
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,250,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $110,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $21,793 $1,334,900 $1,334,900
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

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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

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Stellar MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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