NOT LISTED FOR SALE

5405 Azure Way Sarasota, FL 34242

Estimated Value: $1,493,389 - $3,548,000

3 Beds
2.5 Baths
4,118 Sq Ft
$546/Sq Ft Est. Value

Last Sold April 04, 2022

Last sale price $1,675,000 $407 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $13,102/month

10 Days on Market

Highlights

  • 182 Feet of Waterfront
  • Private Pool
  • Canal View
  • Phillippi Shores Elementary School Rated A
  • Open Floorplan
  • Ranch Style House

About This Home

As of April 2022

This is a rare opportunity to complete the home of your dreams in the prime Siesta Key neighborhood of Siesta Isles. This 4,118 sq.ft. home offers 3 bedrooms and 2.5 bathrooms and is being sold “as is” to a new owner willing to take up the opportunity to complete renovations to fit their unique desires and vision. The large .35 acre corner lot offers stunning views and over 175 feet of canal waterfront with boat access to the Bay and Intracoastal Waterway. The property is centrally located on Siesta Key, just minutes from world renowned Siesta Beach and the vibrant Siesta Key Village. Do not let this opportunity pass you by – it may not come again.

Last Agent to Sell the Property

Matthew Kelly

JLE REALTY License #3346894 Listed on: 02/08/2022

Last Buyer's Agent

Lisa Garcia

COLDWELL BANKER REALTY License #3479438

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,674

Year Built

  • Built in 1975

Lot Details

  • 0.35 Acre Lot
  • 182 Feet of Waterfront
  • Property fronts a freshwater canal
  • South Facing Home
  • Corner Lot
  • Well Sprinkler System
  • Property is zoned RSF2

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Ground Level Parking
  • Driveway

Home Design

  • Ranch Style House
  • Fixer Upper
  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 4,118 Sq Ft Home
  • Open Floorplan
  • Sliding Doors
  • Family Room
  • Inside Utility
  • Terrazzo Flooring
  • Canal Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Pool

  • Private Pool
  • In Ground Spa

Outdoor Features

  • Access to Freshwater Canal
  • Seawall

Schools

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

Additional Features

  • Flood Zone Lot
  • Central Heating and Cooling System

Community Details

  • Visit Association Website
  • Siesta Isles Community
  • Siesta Isles Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,674

Year Built

Built in 1975

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 4118
  • Lot Size Acres: 0.35
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 5172
  • Lot Size Sq Ft: 15314
  • Directions to Property: From Beach Rd: make right on Beach Way Dr., left on Cape Leyte Dr, immediate right on Azure Way, follow Azure Way to the end cul-de-sac, 4505 Azure Way is on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4522716?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4522716?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 124
  • Call Center Phone Number: 888-998-9005
  • Ratio: Close Price\List Price: 0.67
  • Price per Sq Ft: 406.75
  • Close to Original List Price Ratio: 0.67
  • Ratio: Current Price\Building Area Total: 323.86
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Terrazzo
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Master Bedroom Main Floor, Open Floorplan, Walk-In Closet(s)
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Street Number Modifier: 5405
  • Room Count: 7
  • Additional Rooms: Family Room, Inside Utility

Exterior Features

  • Direction Faces: South
  • Exterior Features: Sliding Doors
  • Roof: Metal
  • Pool Private: Yes
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water View: Canal
  • Water Access: Canal - Freshwater
  • Water Extras: Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 182
  • Additional Water Information: Boat access to the Bay and Intracoastal Waterway.
  • Water Frontage Feet Canal Fresh: 182
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Ground Level
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, 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: Deed Restrictions
  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • Association Website: www.siestaislesassociation.com/
  • Association Email: info@siestaislesassociation.com
  • S W Subdiv Condo Num: 124
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 150
  • Monthly HOA Fee: 12.5
  • Total Monthly Fees: 12.5

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0082070031
  • Additional Parcels: No
  • Lot Features: Corner Lot, FloodZone
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Pet Restrictions: None
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 12673.69
  • Tax Lot: 203

Multi Family

  • Waterfront Features: Canal - Freshwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2024
Sold by
Who Rocks The House Llc
Bought by
Janay Michael A and Janay Amy R
Current Estimated Value
$2,248,597

Purchase Details

Listed on
Feb 8, 2022
Closed on
Apr 4, 2022
Sold by
Nancy Clarke Langham Living Trust
Bought by
Who Rocks The House Llc
Seller's Agent
Matthew Kelly
JLE REALTY
Buyer's Agent
Lisa Garcia
COLDWELL BANKER REALTY
List Price
$2,500,000
Sold Price
$1,675,000
Premium/Discount to List
-$825,000
-33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.29%

Purchase Details

Closed on
Feb 12, 2015
Sold by
Langham Nancy Clarke and Langham Michael Dean
Bought by
Langham Nancy Clarke

Purchase Details

Closed on
Feb 7, 2007
Sold by
Northern Trust Na
Bought by
Langham Nancy Clark
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
Janay Michael A $100 None Listed On Document
Who Rocks The House Llc $1,675,000 None Listed On Document
Langham Nancy Clarke -- Attorney
Langham Nancy Clark $1,181,300 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2022 04/04/22 Sold $1,675,000 -33.0% $407 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $2,500,000 -- $607 / 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 $14,567 $1,348,400 $1,273,900 $74,500
2023 $14,567 $1,233,100 $1,153,100 $80,000
2022 $14,691 $1,251,700 $1,127,800 $123,900
2021 $13,427 $1,063,900 $834,100 $229,800
2020 $11,141 $834,300 $697,100 $137,200
2019 $13,262 $1,011,000 $701,100 $309,900
2018 $9,570 $751,072 $0 $0
2017 $9,534 $735,624 $0 $0
2016 $9,511 $896,700 $559,800 $336,900
2015 $9,689 $868,800 $570,500 $298,300
2014 $9,663 $699,318 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4522716

Stellar MLS

APN: 0082-07-0031