NOT LISTED FOR SALE

5508 Merritt Island Dr Apollo Beach, FL 33572

Estimated Value: $1,308,324 - $1,538,000

4 Beds
3 Baths
4,180 Sq Ft
$343/Sq Ft Est. Value

Last Sold February 24, 2012

Last sale price $565,000 $135 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $8,853/month

638 Days on Market

Highlights

  • Boat Dock
  • Access To Lagoon or Estuary
  • Fitness Center
  • Apollo Beach Elementary School Rated A-
  • Boat Slip Deeded
  • Heated Indoor Pool

About This Home

As of February 2012

Bring all offers on this elegant waterfront home; owners highly motivated! Quick close. Designed by custom-builder Bayfair Homes, shows like model, upgrades everywhere. Wolf, Sub-Zero appliances in both gourmet and outdoor kitchens, large butler's pantry,, cherry cabinets, granite counter tops. L-shaped sliders pocket, opening the Great Room to the covered lanai, with its beautiful view that is perfect for watching magnificent sunsets over the water. The beautiful outdoor kitchen has upgraded cabinets, Wolf grill, sink and refrigerator. Decorative fountain flows into heated pool and spa. Plantation shutters. Toto toilets. Quality throughout this home. Gorgeous master suite. Large office/study with hardwood, and living room/music room are located off entrance hall. Huge loft, with closet, overlooks Great Room. Porte cochere covers entrance into the courtyard, and connects detached 3rd car garage. Dock your jet skis, Hobie Cat, or boat (up to 17') at your back door. Come enjoy living in paradise in the sought-after, waterfront community of MiraBay with its wonderful amenities of heated swimming pools, 110' water slide, tennis courts, sunfish sailboats and kayaks to use, fitness center, personal trainers, parks and playgrounds, nature trails for biking andwalking in the nearby Wolf Branch Creek Nature Preserve, and clubhouse with activities galore. MiraBay is conveniently located near Tampa, St. Petersburg, Sarasota and Bradenton. St Joseph's Hospital and new shopping mall coming to area in late 2012.

Last Agent to Sell the Property

Susan Schleif

KELLER WILLIAMS SOUTH SHORE License #3102845 Listed on: 05/01/2010

KELLER WILLIAMS SOUTH SHORE

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,178

Year Built

  • Built in 2005

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 87.0x130.0
  • Home fronts a lagoon or estuary
  • East Facing Home
  • Property is zoned PD

HOA Fees

  • $9 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Portico

Home Design

  • Key West Architecture
  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 4,180 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Great Room
  • Separate Formal Living Room
  • Breakfast Room
  • Formal Dining Room
  • Lagoon Views
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Heated Indoor Pool
  • Screened Pool
  • Saltwater Pool
  • Vinyl Pool
  • Spa
  • Fence Around Pool
  • Child Gate Fence

Outdoor Features

  • Access To Lagoon or Estuary
  • Access to Bay or Harbor
  • Boat Slip Deeded

Schools

  • Apollo Beach Elementary School
  • Eisenhower Middle School
  • East Bay High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 000410 / 000022
  • Assessor Parcel Number U-29-31-19-648-000022-00041.0
  • $4,148 per year additional tax assessments

Community Details

Overview

  • Rizzetta And Associates Association
  • Mirabay Subdivision
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking

Recreation

  • Boat Dock
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Fishing
  • Park

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,178

Year Built

Built in 2005

Lot Details

0

HOA Fees

$9 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Key West
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 4180
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 5965
  • Lot Size Sq Ft: 10733
  • Directions to Property: I-75 to Big Bend Road, west to US 41. South to MIraBay 3 miles, entrance on right. Continue straight to main gate house, then 2nd st on left to house.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • List Office Head Office Key Nume: 1056472
  • RATIO Current Price By Calculate: 135.17
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • Tax Year: 2010
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Open Floorplan, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Dishwasher, Disposal, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Range Hood, Refrigerator, Water Softener Owned
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Yn: Yes
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 5508
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Breakfast Room Separate,Formal Dining Room Separate,Formal Living Room Separate,Great Room
  • Room Count: 11

Exterior Features

  • Direction Faces: East
  • Pool Features: Child Safety Fence, Heated, Indoor, Other, Salt Water, Screen Enclosure, Vinyl
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Water Body Name: MIRABAY LAGOON
  • Waterfront: Yes
  • Water Access: Bay/Harbor,Lagoon
  • Water Extras: Dock - Slip Deeded On-Site
  • Water Extras YN: 1
  • Water View: Lagoon
  • Water View YN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Oversized, Portico

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Fire Hydrant, Gas, Sprinkler Meter, Street Lights
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Zoned
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Fitness Center, Gated, No Truck/RV/Motorcycle Parking, Park, Playground, Pool, Tennis Courts, Water Access, Waterfront Complex
  • Association Amenities: Dock, Fitness Center, Gated, Park, Playground, Recreation Facilities, Security, Tennis Court(s)
  • Association Fee: 109
  • Association Fee Frequency: Annually
  • Association Name: Rizzetta and Associates
  • Association: Yes
  • Security: Gated Community, Security System Owned, Smoke Detector(s)
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 109.00
  • Total Monthly Fees: 9.08

Schools

  • Elementary School: Apollo Beach-HB
  • High School: East Bay-HB
  • Middle Or Junior School: Eisenhower-HB

Lot Info

  • Zoning: PD
  • Parcel Number: U-29-31-19-648-000022-00041.0
  • Additional Parcels: No
  • Lot Features: In County, Paved
  • Lot Dimensions: 87.0X130.0
  • Homestead YN: 1
  • Zoning Compatible YN: 1
  • Future Land Use: R100

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2012-02-24T00:00:00.000

Tax Info

  • Tax Annual Amount: 12178
  • Tax Block: 000022
  • Tax Book Number: 0094/0041
  • Tax Lot: 000410
  • Tax Other Annual Assessment Amount: 4148

Multi Family

  • Waterfront Features: Lagoon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2010
Closed on
Feb 24, 2012
Sold by
Spivey Arthur D and Spivey Lynn E
Bought by
Sparks Robert D and Sparks Dana K
Seller's Agent
Susan Schleif
KELLER WILLIAMS SOUTH SHORE
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$565,000
Sold Price
$565,000
Current Estimated Value
$1,432,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$867,581
Avg. Annual Appreciation
7.07%
Original Mortgage
$508,500
Outstanding Balance
$334,487
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,098,094

Purchase Details

Closed on
Apr 19, 2006
Sold by
Bayfair Southshore Llc
Bought by
Spivey Arthur D and Spivey Lynn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.31%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 14, 2004
Sold by
Terrabrook Apollo Beach Lp
Bought by
Southshore Bayfair
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
Sparks Robert D $565,000 Hillsborough Title Llc
Spivey Arthur D $900,000 Tampa Title Company
Southshore Bayfair $271,900 Fuentes & Kreischer Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sparks Robert D $508,500
Previous Owner Spivey Arthur D $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2015 05/26/15 Off Market $565,000 -- --
02/24/2012 02/24/12 Sold $565,000 0.0% $135 / Sq Ft
01/30/2012 01/30/12 Pending -- -- --
05/01/2010 05/01/10 For Sale $565,000 -- $135 / 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 $14,989 $557,990 -- --
2023 $14,997 $541,738 $0 $0
2022 $14,382 $525,959 $0 $0
2021 $13,946 $510,640 $0 $0
2020 $13,821 $503,590 $0 $0
2019 $13,189 $492,268 $0 $0
2018 $13,660 $483,089 $0 $0
2017 $13,063 $564,505 $0 $0
2016 $12,650 $463,421 $0 $0
2015 $12,838 $460,200 $0 $0
2014 $12,970 $456,548 $0 $0
2013 -- $449,801 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Susan Schleif

    KELLER WILLIAMS SOUTH SHORE

    (813) 857-5507

    3 in this area

    8 Total Sales

    Susan Schleif
    Section Image
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Map

Source: Stellar MLS

MLS Number: T2417886

Stellar MLS

APN: U-29-31-19-648-000022-00041.0

Florida Hillsborough County Apollo Beach 33572

5508 Merritt Island Dr, Apollo Beach, FL

This home is located at 5508 Merritt Island Dr, Apollo Beach, FL 33572 since 01 May 2010 and is currently estimated at $1,432,581, approximately $342 per square foot. This property was built in 2005. 5508 Merritt Island Dr is a home located in Hillsborough County with nearby schools including Apollo Beach Elementary School, Eisenhower Middle School, and Lennard 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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