NOT LISTED FOR SALE

5409 Plaza de Las Palmas Siesta Key, FL 34242

Estimated Value: $2,133,000 - $4,775,000

4 Beds
4 Baths
2,096 Sq Ft
$1,708/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $1,200,000 $573 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $20,815/month

7 Days on Market

Highlights

  • Guest House
  • Open Floorplan
  • Living Room with Fireplace
  • Phillippi Shores Elementary School Rated A
  • Deck
  • Vaulted Ceiling

About This Home

As of April 2021

Beautiful Old Florida style Cottage with a Guest House is available on Siesta Key. The Main House truly brings back a nostalgic moment in time with the original heart pine tongue and groove floors, high beam ceilings, a stone fireplace in the living room and beautiful cedar walls. The house has been kept in great shape with the upmost respect for the property. There is a screened in porch off the kitchen in the Main House to take in the beauty of the landscape and watch nature at its finest with a fascinating butterfly garden. The Guest House features a full kitchen, bath and private deck. Being in the Siesta Key Overlay district, the property allows weekly rentals. Great rental potential and income. The property sits just two properties from Public Beach Access #8. Short distance to the Village with fabulous restaurants and shops. If a new structure is what you are looking for, the county has confirmed 2 buildable lots. ENJOY WITH ALL OF THE CHARM AND CHARACTER OR KNOCK DOWN AND BUILD YOUR OWN DREAM HOME ON OVERSIZED LOT WITH PLENTY OF ROOM FOR LARGE GARAGE AND POOL OR BUILD DUPLEX, TWO UNITS, ELEVATOR VIEWS TO DIE FOR AND AMAZING VIEWS FROM ROOFTOP AND EVEN BETTER IF YOU GO MAXIMUM HEIGHT. UNITS FOR INCOME POTENTIAL ON A TWO UNIT DUPLEX CAN BRING OVER $250K PER YEAR.

Last Agent to Sell the Property

Joshua Beckmann

BECKMANN REAL ESTATE License #0412490 Listed on: 01/21/2021

Last Buyer's Agent

Curtis Ware

KW COASTAL LIVING III License #3275023

KW COASTAL LIVING III

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,274

Year Built

  • Built in 1932

Lot Details

  • 10,497 Sq Ft Lot
  • Lot Dimensions are 62x126
  • Northwest Facing Home
  • Fenced
  • Mature Landscaping
  • Property is zoned RMF1

Home Design

  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,096 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Blinds
  • Sliding Doors
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Utility Room
  • Garden Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Additional Homes

  • Guest House

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Sarasota Beach Community
  • Sarasota Beach Subdivision

Listing and Financial Details

  • Legal Lot and Block 29 / 21
  • Assessor Parcel Number 0082120005

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,274

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Property Description: Studio/Efficiency
  • Construction Materials: Wood Siding
  • Fireplace: Yes
  • Living Area: 2096.00
  • Lot Size Acres: 0.24
  • Year Built: 1932
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4488979?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4488979?w=Customer
  • Lot Size Sq Ft: 10497
  • Directions to Property: From S Tamiami Trail US-41 turn left onto Stickney Point Rd/FL-72. Turn right onto Midnight Pass Rd/FL-758. Stay straight to go onto Beach Rd. Turn right onto Plaza des Las Palmas. Property is located on the right.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046701
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 6
  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Additional Rooms: Family Room, Great Room, Inside Utility
  • Flooring: Tile, Wood
  • Full Bathrooms: 4
  • Interior Amenities: Built in Features, Master Bedroom Downstairs, Open Floorplan, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Living Area Meters: 194.72
  • Street Number Modifier: 5409

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Guest House
  • Exterior Features: Fenced, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Flood Zone Code: AE
  • View: Garden
  • Patio and Porch Features: Covered, Deck, Enclosed, Screened

Garage/Parking

  • Parking Features: Driveway, On Street

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Sarasota Beach

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Zoning: RMF1
  • Parcel Number: 0082120005
  • Lot Dimensions: 62x126
  • Lot Size Square Meters: 975

Rental Info

  • Minimum Lease: 1 Week
  • Exist Lse Tenant: Yes
  • Additional Lease Restrictions: Zoned RMF
  • Lease Restrictions: Yes

Tax Info

  • Tax Annual Amount: 3274.46
  • Tax Block: 21
  • Tax Book Number: 1-76
  • Tax Lot: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2024
Sold by
5409 Plaza Des Las Palmas Llc
Bought by
5409 Plaza Llc
Current Estimated Value
$3,579,715

Purchase Details

Listed on
Jan 21, 2021
Closed on
Apr 1, 2021
Sold by
Walsh Peter and Walsh Carrie
Bought by
5409 Plaza Des Las Palmas Llc
Seller's Agent
Joshua Beckmann
BECKMANN REAL ESTATE
Buyer's Agent
Curtis Ware
KW COASTAL LIVING III
List Price
$1,300,000
Sold Price
$1,200,000
Premium/Discount to List
-$100,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.35%

Purchase Details

Listed on
Apr 6, 2020
Closed on
Sep 8, 2020
Sold by
Swanson Barbara L
Bought by
Walsh Peter and Walsh Carrie
Seller's Agent
Karen Greco
GRECO REAL ESTATE
Buyer's Agent
Joshua Beckmann
BECKMANN REAL ESTATE
List Price
$1,195,000
Sold Price
$1,050,000
Premium/Discount to List
-$145,000
-12.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.93%

Purchase Details

Closed on
Jan 19, 1995
Sold by
Stults E M
Bought by
Stults E M and Stults Janet Mccarthy
Source: Public Records

Range of Values:

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Average Value
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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
5409 Plaza Llc $4,000,000 None Listed On Document
5409 Plaza Des Las Palmas Llc $1,200,000 Attorney
Walsh Peter $1,050,000 Attorney
Stults E M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2021 04/01/21 Sold $1,200,000 -7.7% $573 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $1,300,000 +23.8% $620 / Sq Ft
12/07/2020 12/07/20 Off Market $1,050,000 -- --
09/08/2020 09/08/20 Sold $1,050,000 -8.6% $501 / Sq Ft View Prior Sale
07/18/2020 07/18/20 Pending -- -- --
05/21/2020 05/21/20 Price Changed $1,149,000 -3.8% $548 / Sq Ft
04/01/2020 04/01/20 For Sale $1,195,000 -- $570 / 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 $21,129 $4,186,547 -- --
2023 $21,129 $1,818,700 $1,818,700 $0
2022 $19,393 $1,595,700 $1,560,700 $35,000
2021 $12,497 $967,700 $900,800 $66,900
2020 $3,274 $243,771 $0 $0
2019 $3,130 $238,290 $0 $0
2018 $3,027 $233,847 $0 $0
2017 $3,012 $229,037 $0 $0
2016 $2,994 $521,800 $406,000 $115,800
2015 $3,043 $546,400 $450,200 $96,200
2014 $3,031 $217,733 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4488979

Stellar MLS

APN: 0082-12-0005