NOT LISTED FOR SALE

551 Beach Rd Sarasota, FL 34242

Estimated Value: $3,350,678 - $4,163,000

7 Beds
5.5 Baths
5,661 Sq Ft
$680/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $3,400,000 $601 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $24,284/month

216 Days on Market

Highlights

  • Heated In Ground Pool
  • Full Gulf or Ocean Views
  • Outdoor Kitchen
  • Phillippi Shores Elementary School Rated A
  • Wood Flooring
  • Stone Countertops

About This Home

As of July 2021

Welcome to this unique opportunity to Love where you live as you spend your days overlooking the sparkling azure waters of the Gulf of Mexico. This bespoke residence was constructed like Ft. Knox supported by concrete pilings 20' in the ground and a pre-cast concrete floor for the main living area 14' above sea level. Enjoy the breathe taking sunsets from every elevated floor accompanied by spacious patios. The quartz crystal sands of Siesta Key are at your doorstep as well as the quaint Village of Siesta Key. This masterfully crafted home captures the essence of Coastal Cottage design with a casual yet elegant flair. The spacious chef’s kitchen is anchored by a huge island and is complete with stainless appliances, granite counters, custom cabinetry and full pantry. The spacious Great Room opens to the kitchen and dining area with an additional bonus room on the third floor complete with a wrap around bar. The property also features hard surface flooring throughout (wood plank or ceramic tile) for ease of maintenance, multiple laundry rooms, wet bars with mini fridges for you to enjoy a hot or cold beverage. The home is currently utilized as a vacation rental and can be an income producing property for the new owner with bookings already secured or for your own personal enjoyment.

Last Agent to Sell the Property

Anthony Almengual

BRIGHT REALTY License #0684697 Listed on: 10/21/2020

BRIGHT REALTY

Last Buyer's Agent

Diane Goodwin

EXP REALTY LLC License #3345862

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,053

Year Built

  • Built in 2014

Lot Details

  • 6,662 Sq Ft Lot
  • Lot Dimensions are 50x134
  • West Facing Home
  • Vinyl Fence
  • Irrigation
  • Property is zoned RMF1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Pile Dwellings

Interior Spaces

  • 5,661 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Bar Fridge
  • Low Emissivity Windows
  • Blinds
  • Full Gulf or Ocean Views

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Outdoor Shower

Utilities

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

Additional Features

  • Outdoor Kitchen
  • Flood Insurance May Be Required

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Sarasota Beach Community
  • Sarasota Beach Subdivision

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,053

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 5661
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 2014
  • Lot Size Sq Ft: 6662
  • Directions to Property: US41 to Siesta Drive. West on Siesta Dr. to Beach Rd.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4481646?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4481646?w=Customer
  • Floor Number: 4
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96454
  • Price per Sq Ft: 600.6
  • Close to Original List Price Ratio: 0.96454
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Elevator, Stone Counters, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
  • Foundation Details: Slab, Stilt/On Piling
  • Total Bedrooms: 7
  • Levels: Three Or More
  • Spa Features: Heated
  • Stories: 4
  • Window Features: Blinds, Low Emissivity Windows, Window Treatments
  • Street Number Modifier: 551
  • Room Count: 3

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, In Ground
  • Exterior Features: Irrigation System, Outdoor Kitchen, Outdoor Shower
  • Roof: Metal
  • Pool Private: Yes
  • View: Water
  • Waterfront: No
  • Water View: Gulf/Ocean - Full
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0082140050
  • Additional Parcels: No
  • Fencing: Vinyl
  • Lot Features: Flood Insurance Required
  • Lot Dimensions: 50x134
  • Flood Zone Code: AE

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 20053.2
  • Tax Block: 21
  • Tax Book Number: 1-76
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Jul 8, 2021
Sold by
Livdog Llc
Bought by
Mabry Christopher and Mabry Brian
Seller's Agent
Anthony Almengual
BRIGHT REALTY
Buyer's Agent
Diane Goodwin
EXP REALTY LLC
List Price
$3,525,000
Sold Price
$3,400,000
Premium/Discount to List
-$125,000
-3.55%
Current Estimated Value
$3,818,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,083
Avg. Annual Appreciation
6.65%
Original Mortgage
$2,550,000
Outstanding Balance
$2,340,582
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$2,083,579

Purchase Details

Listed on
May 18, 2012
Closed on
Aug 28, 2012
Sold by
Coleman Jean N
Bought by
Clodog Llc
Seller's Agent
Tracy Fippinger
Buyer's Agent
Anthony Almengual
BRIGHT REALTY
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.60%
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
Mabry Christopher $3,400,000 None Listed On Document
Clodog Llc $350,000 Attorney
Livdog Llc $400,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mabry Christopher $2,550,000
Previous Owner Livdog Llc $1,500,000
Previous Owner Livdog Llc $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $3,400,000 -3.5% $601 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $3,525,000 0.0% $623 / Sq Ft
05/08/2021 05/08/21 Pending -- -- --
10/20/2020 10/20/20 For Sale $3,525,000 +370.0% $623 / Sq Ft
08/30/2012 08/30/12 Sold $750,000 0.0% $689 / Sq Ft
08/07/2012 08/07/12 Pending -- -- --
05/18/2012 05/18/12 For Sale $750,000 -- $689 / 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 $40,558 $3,447,600 $1,694,400 $1,753,200
2023 $40,558 $3,566,400 $1,577,300 $1,989,100
2022 $35,301 $2,931,700 $1,402,000 $1,529,700
2021 $23,269 $1,959,100 $837,100 $1,122,000
2020 $20,053 $1,544,600 $794,200 $750,400
2019 $19,918 $1,542,700 $846,300 $696,400
2018 $19,421 $1,501,200 $846,300 $654,900
2017 $18,671 $1,415,800 $548,200 $867,600
2016 $19,651 $1,542,900 $564,000 $978,900
2015 $17,550 $1,289,700 $462,800 $826,900
2014 $5,028 $330,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4481646

Stellar MLS

APN: 0082-14-0050