$1,147,000 - $2,009,000
RENTED OCT 4, 2024
3 Beds
3.5 Baths
3,002 Sq Ft
$551 Price per Sq Ft

Last Sold April 04, 2022

Last sale price $2,050,000 $683 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $10,522/month

Highlights

  • 92 Feet of Salt Water Canal Waterfront
  • Dock has access to electricity
  • Boat Lift
  • Phillippi Shores Elementary School Rated A
  • Access To Intracoastal Waterway
  • Heated In Ground Pool

About This Home

As of October 2024

Looking for the perfect rental property? Look no further than this remodeled Waterfront canal front 3 bed 3 1/2 bath
home with bay access! Situated in a large fenced lot, this stunning luxurious home boasts a large Coral stone
outdoor patio with elevated kitchen, bar and fireplace wrapped around an inviting saltwater heated pool. Impeccably
furnished throughout with upscale European finishes complimenting the open chef's kitchen with natural stone
counters, French solid wood cabinetry, stainless appliances with a separate Butler's pantry with a brand new floor
to ceiling wine refrigerator! You are sure to be safe with the latest video surveilance technology and high-end
doors and windows built to current hurricane codes. This home is a pleasure to show and hear as it sports surround
sound with speakers throughout which will serenade you througought your stay. This prime location is within 5
minutes to Siesta Beach, 10 minutes to downtown Sarasota and I-75. 90 + dock. Check out this rarity today!

Last Agent to Rent the Property

Rory McDonald

PREFERRED SHORE LLC Brokerage Phone: 941-999-1179 License #3273538 Listed on: 10/18/2023

PREFERRED SHORE LLC

Last Renter's Agent

Rory McDonald

PREFERRED SHORE LLC Brokerage Phone: 941-999-1179 License #3273538 Listed on: 10/18/2023

PREFERRED SHORE LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,179

Year Built

  • Built in 1964

Lot Details

  • 0.39 Acre Lot
  • Home fronts a creek
  • 92 Feet of Salt Water Canal Waterfront
  • Southwest Facing Home
  • Fenced
  • Irrigation
  • Garden

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Creek or Stream
  • Pool

Interior Spaces

  • 3,002 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Shutters
  • Blinds
  • French Doors
  • Combination Dining and Living Room
  • Den
  • Tile Flooring

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Outdoor Shower
  • Pool Lighting

Outdoor Features

  • Access To Intracoastal Waterway
  • Seawall
  • Boat Lift
  • Dock has access to electricity
  • Dock made with wood
  • Outdoor Kitchen
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Filtration System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Phillippi Gardens Community
  • Phillippi Gardens 04 Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $28,000
  • Property Available on 11/15/23
  • $250 Application Fee
  • 3-Month Minimum Lease Term
  • Assessor Parcel Number 0086140019

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,179

Year Built

Built in 1964

Lot Details

0

Parking

2

Rental Info

  • Furnished: Furnished
  • Lease Amount Frequency: Seasonal
  • Pets Allowed: Dogs OK, Yes
  • Available Date: 2023-11-15
  • Terms Of Lease: 1st Last and Sec Dep Required
  • Long Term YN: 1
  • Off Season Rent: 13000
  • Seasonal Rent: 14000
  • Security Deposit: 28000
  • Pet Fee Non Refundable: 500

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Fireplace: Yes
  • Living Area: 3002
  • Lot Size Acres: 0.39
  • New Construction: No
  • Year Built: 1964
  • Building Area Total: 4611
  • Lot Size Sq Ft: 16900
  • Owner Pays: None
  • Directions to Property: From US 41 Tamiami Trail head to Constitution Blvd. then turn Left on America Dr. The property is on the right.
  • Status: Leased
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 508758250
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 3.33
  • Unit Number YN: 0
  • Water Access YN: 1
  • Security Deposit Terms: FIRST AND LAST MONTH, PLUS ONE MONTH KEY DEPOSIT
  • MFR_DockDescription: Dock - Wood,Dock w/Electric
  • Attribution Contact: 941-999-1179
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Trash Compactor, Washer, Water Filtration System, Wine Refrigerator
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Window Features: Blinds, Shutters
  • Street Number Modifier: 5645
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office
  • Living Area Meters: 278.89
  • Room Count: 8

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Heated, In Ground, Lighting
  • Exterior Features: French Doors, Garden, Irrigation System, Lighting, Outdoor Kitchen, Outdoor Shower
  • Pool Private: Yes
  • View: Pool
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Intracoastal Waterway
  • Water Extras: Lift,Seawall - Concrete
  • Water Extras YN: 1
  • Water Frontage Feet Canal Salt: 92
  • Water View: Creek
  • Water View YN: 1
  • Waterfront Feet Total: 92

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association Name: N/A
  • Association: No
  • Security: Security System, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 0
  • Pet Restrictions: NO CATS

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00
  • Application Fee: 250

Schools

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

Lot Info

  • Parcel Number: 0086140019
  • Fencing: Fenced
  • Lot Size Square Meters: 1570

Green Features

  • Green Verification Count: 0

Multi Family

  • Waterfront Features: Canal - Brackish, Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
Apr 4, 2022
Sold by
Fljl Management And Property Holdings In
Bought by
Lau Joyce and Lau James
Seller's Agent
Noreen Slaalien
COMPASS FLORIDA LLC
Buyer's Agent
Rory McDonald
PREFERRED SHORE LLC
List Price
$2,500,000
Sold Price
$2,050,000
Premium/Discount to List
-$450,000
-18%
Current Estimated Value
$1,652,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$397,121
Avg. Annual Appreciation
-3.87%
Original Mortgage
$1,332,500
Outstanding Balance
$1,243,062
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$551,204

Purchase Details

Closed on
Feb 16, 2010
Sold by
Stephen Lynne M
Bought by
Fiji Management & Property Holdings Inc

Purchase Details

Closed on
Jun 12, 2009
Sold by
Century Bank Fsb
Bought by
Stephen Lynne M and Stephen John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
4.77%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 4, 2008
Sold by
Oscher Steven S
Bought by
Century Bank Fsb

Purchase Details

Closed on
May 3, 2005
Sold by
Guardian Lp
Bought by
Jh Investments Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2005
Sold by
Demarco Melissa A
Bought by
Guardian Lp

Purchase Details

Closed on
Sep 16, 2002
Sold by
Imbrie William and Imbrie Abigail L
Bought by
Demarco Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.27%
Mortgage Type
New Conventional
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
Lau Joyce $2,050,000 Berlin Patten Ebling Pllc
Fiji Management & Property Holdings Inc -- Attorney
Stephen Lynne M $675,000 Attorney
Stephen Lynne M $167,500 Attorney
Century Bank Fsb -- Attorney
Jh Investments Services Inc -- Florida Regional Title Servi
Guardian Lp $500,000 Florida Regional Title Servi
Demarco Melissa A $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lau Joyce $1,332,500
Previous Owner Stephen Lynne M $335,000
Previous Owner Jh Investment Services Inc $962,000
Previous Owner Jh Investments Services Inc $3,000,000
Previous Owner Demarco Melissa A $216,000
Previous Owner Demarco Melissa A $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Rented $10,000 -20.0% --
09/30/2024 09/30/24 Price Changed $12,500 +4.2% $4 / Sq Ft
11/01/2023 11/01/23 Price Changed $12,000 -14.3% $4 / Sq Ft
10/18/2023 10/18/23 For Rent $14,000 +7.7% --
11/25/2022 11/25/22 Rented $13,000 0.0% --
10/11/2022 10/11/22 Under Contract -- -- --
10/11/2022 10/11/22 Price Changed $13,000 +4.0% $4 / Sq Ft
06/01/2022 06/01/22 For Rent $12,500 0.0% --
04/04/2022 04/04/22 Sold $2,050,000 -10.4% $683 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
01/27/2022 01/27/22 Price Changed $2,288,000 -8.5% $762 / Sq Ft
12/10/2021 12/10/21 For Sale $2,500,000 -- $833 / 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 $18,179 $1,400,900 $519,300 $881,600
2023 $18,179 $1,471,400 $496,500 $974,900
2022 $12,020 $1,144,600 $475,900 $668,700
2021 $9,074 $688,800 $297,500 $391,300
2020 $8,243 $592,300 $246,300 $346,000
2019 $8,249 $597,200 $291,800 $305,400
2018 $7,946 $585,800 $265,400 $320,400
2017 $8,857 $647,600 $322,800 $324,800
2016 $8,606 $611,300 $296,600 $314,700
2015 $8,991 $653,800 $272,900 $380,900
2014 $8,105 $479,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4585724

Stellar MLS

APN: 0086-14-0019