NOT LISTED FOR SALE

5517 Avenida Del Mare Sarasota, FL 34242

Estimated Value: $1,108,918 - $1,196,000

3 Beds
2 Baths
1,595 Sq Ft
$717/Sq Ft Est. Value

Last Sold July 09, 2024

Last sale price $1,240,000 $777 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $6,458/month

125 Days on Market

Highlights

  • In Ground Pool
  • Midcentury Modern Architecture
  • Bonus Room
  • Phillippi Shores Elementary School Rated A
  • Living Room with Fireplace
  • No HOA

About This Home

As of July 2024

Welcome to the enchanting Siesta Key! This charming 3-bedroom, 2-bath home is ready to add your personal touch and make it yours or to tear down and build a large custom on this DOUBLE LOT or SPLIT the lots to BUILD 2 NEW CUSTOM HOMES. Only 2/10ths of a mile to beach access #11...ONLY 8 homes away from the #1 VOTED SIESTA KEY BEACH! Step into the inviting living room featuring a cozy wood-burning fireplace, seamlessly connected to the stylish eat-in kitchen. Discover a culinary haven with blond cabinets, a custom tile backsplash, and stainless appliances. Experience the perfect layout with a split floor plan ensuring privacy for the primary bedroom and bath, tucked away from the main living spaces. Adjacent to the primary bedroom is a convenient laundry room and an expansive 1-car garage. The opposite side of the house boasts two additional bedrooms and main bath. Indulge in the spacious family room with built-in shelves and cabinets, leading to a delightful caged in-ground pool and patio area. Enjoy the luxury of low-maintenance landscaping, freeing up your time to relax outdoors instead of tending to yard work. The property also features a paver driveway for added elegance. Take advantage of the proximity to the Trolley, providing easy access to the lively Siesta Key Village. Additionally, a short drive will lead you to downtown Sarasota and the plethora of restaurants along Main St. Don't miss the opportunity to make this your dream home in a prime location! This property can be subdivided.

Last Agent to Sell the Property

Brandi Furlan

KW COASTAL LIVING III Brokerage Phone: 941-900-4151 License #3147016 Listed on: 01/26/2024

KW COASTAL LIVING III

Last Buyer's Agent

Brandi Furlan

KW COASTAL LIVING III Brokerage Phone: 941-900-4151 License #3147016 Listed on: 01/26/2024

KW COASTAL LIVING III

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,848

Year Built

  • Built in 1968

Lot Details

  • 9,246 Sq Ft Lot
  • West Facing Home
  • Property is zoned RSF2

Parking

  • 1 Car Attached Garage

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,595 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Sliding Doors
  • Living Room with Fireplace
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Screened Patio
  • Private Mailbox

Schools

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

Utilities

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

Community Details

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

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,848

Year Built

Built in 1968

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mid-Century Modern
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 1595
  • Lot Size Acres: 0.21
  • New Construction: No
  • Year Built: 1968
  • Building Area Total: 2258
  • Lot Size Sq Ft: 9246
  • Directions to Property: From Stickney Point head North past Midnight Pass Rd, Right on to Avenida Del Mare and home is on the right
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 203884503
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 777.43
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-900-4151
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Linoleum
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Street Number Modifier: 5517
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room
  • Living Area Meters: 148.18
  • Room Count: 7

Exterior Features

  • Direction Faces: West
  • Pool Features: Gunite, In Ground
  • Exterior Features: Private Mailbox, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Patio, Screened
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0082140004
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 859

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Negotiable
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Sarasota County Restrictions

Tax Info

  • Tax Annual Amount: 2848.44
  • Tax Block: 28
  • Tax Book Number: 1-76
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
Jul 8, 2024
Sold by
Reichard Gary N and Fracek Joseph R
Bought by
Gharbieh Tanya
Seller's Agent
Brandi Furlan
KW COASTAL LIVING III
Buyer's Agent
Brandi Furlan
KW COASTAL LIVING III
List Price
$1,700,000
Sold Price
$1,240,000
Premium/Discount to List
-$460,000
-27.06%
Views
648
Current Estimated Value
$1,143,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$96,020
Avg. Annual Appreciation
-6.88%
Original Mortgage
$930,000
Outstanding Balance
$920,607
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$223,373

Purchase Details

Closed on
Nov 13, 2023
Sold by
Raymond L Fracek And Mary Rose Fracek Tr
Bought by
Frank Joseph R and Reichard Gary N

Purchase Details

Closed on
May 18, 2000
Sold by
Fracek Raymond L and Fracek Mary Rose
Bought by
Fracek Raymond L
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
Gharbieh Tanya $1,240,000 None Listed On Document
Frank Joseph R $100 Desjarlais Law & Title
Fracek Raymond L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gharbieh Tanya $930,000
Previous Owner Fracek Raymond L $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Sold $1,240,000 -9.8% $777 / Sq Ft
05/31/2024 05/31/24 Pending -- -- --
05/10/2024 05/10/24 Price Changed $1,375,000 -3.5% $862 / Sq Ft
04/23/2024 04/23/24 Price Changed $1,425,000 -5.0% $893 / Sq Ft
02/10/2024 02/10/24 Price Changed $1,500,000 -11.8% $940 / Sq Ft
01/26/2024 01/26/24 For Sale $1,700,000 -- $1,066 / 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 $2,848 $962,100 $758,300 $203,800
2023 $2,848 $238,550 $0 $0
2022 $2,826 $231,602 $0 $0
2021 $2,769 $224,856 $0 $0
2020 $2,774 $221,751 $0 $0
2019 $2,669 $216,765 $0 $0
2018 $0 $212,723 $0 $0
2017 $2,582 $208,348 $0 $0
2016 $2,573 $491,300 $350,100 $141,200
2015 $2,617 $476,500 $348,300 $128,200
2014 $2,606 $198,065 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4597262

Stellar MLS

APN: 0082-14-0004