NOT LISTED FOR SALE

5400 Azure Way Sarasota, FL 34242

Estimated Value: $1,537,000 - $1,783,000

3 Beds
3 Baths
2,798 Sq Ft
$601/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $1,900,000 $679 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $9,029/month

114 Days on Market

Highlights

  • 204 Feet of Salt Water Canal Waterfront
  • Boat Lift
  • Open Floorplan
  • Phillippi Shores Elementary School Rated A
  • In Ground Pool
  • Canal View

About This Home

As of June 2024

Prime location on Siesta Key! This unique coastal neighborhood of Siesta Isles is it's own Island within an Island. This home sits on a desirable cul-de-sac at the end of Azure Way giving it a peaceful atmosphere with minimal traffic. The lot offers you beautiful views of the waterways that surround it because it is at the confluence of two canals. This home is walking distance to the beautiful white sand beach of the famous Siesta Beach and Siesta Village. Enjoy an early morning walk or bike ride on the beach, take a quiet kayak ride or paddle board in the canals or on the beach, watch the beautiful sunsets by the pool and experience the fun of the Sunday evening Drum Circle. A complete relaxed island lifestyle. It also has a great dock and Intracoastal boating access from the back door. This spacious home with 2,798 Sq ft of living space features all rooms on a single level with a split floor plan. There are 2 large master bedrooms each with en-suites and walk-in closets in addition to a 3rd bedroom. Multiple sliding glass doors and large windows create a natural light with stunning panoramic waterfront views. A spacious open concept family room with high ceilings. The home is situated on a 16,400 SqFt (0.38 acres) lot offering privacy from your neighbors and about 204 LFT of waterfront on the Grand Canal. Present dock can accommodate a boat up to 28 ft. long. There is also a powered boat lift which can accommodate a 9 ft. beam, and a separate kayak launch area for fishing. Pool resurfaced, pool pump and new A/C all in 2019

Last Agent to Sell the Property

carlos santos

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-894-1255 License #3262780 Listed on: 01/05/2024

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

carlos santos

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-894-1255 License #3262780 Listed on: 01/05/2024

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,778

Year Built

  • Built in 1970

Lot Details

  • 0.38 Acre Lot
  • 204 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • Cul-De-Sac
  • South Facing Home
  • Property is zoned RSF2

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 2,798 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Canal Views
  • Laundry Room

Kitchen

  • Range
  • Stone Countertops

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • In Ground Pool
  • Fixed Bridges
  • Access to Saltwater Canal
  • Seawall
  • Boat Lift

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

  • Siesta Isles Community
  • Siesta Isles Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,778

Year Built

Built in 1970

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2798
  • Lot Size Acres: 0.38
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 3631
  • Lot Size Sq Ft: 16400
  • Directions to Property: Beach Rd to Beach Way Dr (across from main public beach entrance), go straight on Beach Way Dr to entrance to Siesta Isles and turn left on Cape Leyte Dr and then take your first right on Azure Way. Continue straight house will be right in front of you at the end of the cul-de-sac
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 210470960
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 679.06
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Lift
  • MFR_DockYN: 1
  • Attribution Contact: 941-894-1255
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 5400
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 259.94
  • Room Count: 7

Exterior Features

  • Direction Faces: South
  • Pool Features: In Ground
  • Exterior Features: Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Water Body Name: GRAND CANAL
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Canal - Saltwater
  • Water Extras: Bridges - Fixed,Lift,Seawall - Concrete
  • Water Extras YN: 1
  • Water Frontage Feet Canal Salt: 204
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 204

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 150.00
  • Total Monthly Fees: 12.50
  • Monthly HOA Amount: 12.50

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0082070030
  • Additional Parcels: No
  • Lot Features: Cul-De-Sac
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 1524

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Sarasota County Ordinances for lease restrictions

Tax Info

  • Tax Annual Amount: 6777.65
  • Tax Book Number: 14-11
  • Tax Lot: 238

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Jun 7, 2024
Sold by
Carmela Figari Trust and Ginsberg Noreen C
Bought by
Fortuna Jeffrey Michael
Seller's Agent
carlos santos
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
carlos santos
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$2,400,000
Sold Price
$1,900,000
Premium/Discount to List
-$500,000
-20.83%
Views
165
Current Estimated Value
$1,680,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$219,011
Avg. Annual Appreciation
-8.59%
Original Mortgage
$1,235,000
Outstanding Balance
$1,221,809
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$473,296

Purchase Details

Closed on
May 25, 2000
Sold by
Figari Peter and Figari Carmela
Bought by
Figari Carmela A
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
Fortuna Jeffrey Michael $1,900,000 None Listed On Document
Figari Carmela A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fortuna Jeffrey Michael $1,235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $1,900,000 -5.0% $679 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
04/17/2024 04/17/24 Price Changed $2,000,000 -9.1% $715 / Sq Ft
02/17/2024 02/17/24 Price Changed $2,200,000 -8.3% $786 / Sq Ft
01/05/2024 01/05/24 For Sale $2,400,000 -- $858 / 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 $1,669 $1,509,600 $1,298,000 $211,600
2023 $1,669 $563,694 $0 $0
2022 $1,619 $547,276 $0 $0
2021 $1,610 $531,336 $0 $0
2020 $6,699 $524,000 $0 $0
2019 $6,494 $512,219 $0 $0
2018 $0 $502,668 $0 $0
2017 $6,343 $492,329 $0 $0
2016 $6,326 $827,500 $575,700 $251,800
2015 $6,442 $823,400 $603,700 $219,700
2014 $6,420 $468,031 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4594116

Stellar MLS

APN: 0082-07-0030