NOT LISTED FOR SALE

5713 Fossano Dr Unit 703 Sarasota, FL 34238

Estimated Value: $413,000 - $428,000

3 Beds
2 Baths
1,863 Sq Ft
2011 Built

Last Sold August 31, 2022

Last sale price $480,000 $258 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $2,745/month

Highlights

  • Lake Front
  • Fitness Center
  • Stone Countertops
  • Laurel Nokomis School Rated A-
  • Cathedral Ceiling
  • Community Pool

About This Home

As of October 2023

THIS IS AN ANNUAL RENTAL and this 2nd floor unit has 180 degree spectacular lake views. This spacious 3 bed/2 bath condo is located in The Isles on Palmer Ranch, it features 1863 sq. ft., newer carpet and paint, generously sized living and dining areas, and a beautiful lanai. There are significant upgrades including granite and stone countertops, tiled backsplashes, updated light and fan fixtures, wood cabinets, and more! Eat-in kitchen as well as a dining room - so either could also be used as office space for those who work remotely. The rear screened lanai possesses an exceptional unobstructed lake view. Attached one-car garage, and ample parking outside with a dedicated driveway/street parking. The community itself is "amenity filled" with a clubhouse, fitness center, community pool, lighted tennis and pickleball courts, plenty of communal parking, a kitchen and private room which can be used for functions and lastly a pergola with a lake view. Located in prestigious Palmer Ranch, it's conveniently located to near: the new Publix in Palmer Ranch, Osprey/Nokomis/Venice, I75, various restaurants, shopping, walking trails and other amenities. 1st/Last/Security required for move in. Credit/background/eviction search checks on all applicants.

Last Agent to Rent the Property

Tony Andrews

ANDREWS & ASSOCIATES REALTY Brokerage Phone: 941-921-5999 License #3003996 Listed on: 07/21/2023

Last Renter's Agent

Tony Andrews

ANDREWS & ASSOCIATES REALTY Brokerage Phone: 941-921-5999 License #3003996 Listed on: 07/21/2023

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,038

Year Built

  • Built in 2011

Lot Details

  • Lake Front
  • North Facing Home
  • Irrigation

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Interior Spaces

  • 1,863 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Lake Views
  • Walk-Up Access
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Screened Patio
  • Rain Gutters

Schools

  • Laurel Nokomis Elementary School
  • Laurel Nokomis Middle School
  • Venice Senior High School

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,500
  • Property Available on 7/21/23
  • The owner pays for cable TV, grounds care, pest control, recreational, water
  • 12-Month Minimum Lease Term
  • Available 10/15/23
  • $200 Application Fee
  • No Minimum Lease Term
  • Assessor Parcel Number 0137021039

Community Details

Overview

  • Property has a Home Owners Association
  • Joshua Jones Association, Phone Number (941) 922-1298
  • Built by Divosta Homes LP
  • Isles Of Sarasota Subdivision, Osprey Floorplan
  • Isles Of Sarasota Community

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Hurricane or Storm Shutters

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,038

Year Built

Built in 2011

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Lease Amount Frequency: Annually
  • Pets Allowed: No
  • Available Date: 2023-07-21
  • Terms Of Lease: 1st Last and Sec Dep Required
  • Long Term YN: 1
  • Security Deposit: 2500
  • Expected Lease Date: 2023-10-15T00:00:00.000

Listing Details

  • Property Type: Residential Lease
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Fireplace: No
  • Living Area: 1863
  • New Construction: No
  • Year Built: 2011
  • Building Area Total: 2307
  • Lease Term: Twelve Months
  • Owner Pays: Cable TV, Grounds Care, Pest Control, Recreational, Water
  • Directions to Property: Take Honore Ave South to the Isle of Sarasota in Palmer Ranch.
  • Status: Leased
  • ResoBuildingAreaSource: PublicRecords
  • Floor Number: 2
  • List Office Head Office Key Nume: 1046572
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 1.34
  • Unit Number YN: 0
  • Water Access YN: 0
  • Property Description: Walk-Up
  • Security Deposit Terms: first last security a must!
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 5713
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 173.08
  • Room Count: 7

Exterior Features

  • Direction Faces: North
  • Pool Features: Other
  • Exterior Features: Hurricane Shutters, Irrigation System, Rain Gutters, Sidewalk, Sliding Doors
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Screened
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Guest

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Fire Hydrant, Public, Sprinkler Meter, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fitness Center, Pool, Sidewalks, Tennis Courts
  • Association Amenities: Pickleball Court(s), Playground, Pool, Tennis Court(s)
  • Association Name: Joshua Jones
  • Phone: 941-922-1298
  • Association: Yes
  • Security: Security System Owned
  • Senior Community: No
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Building Name Number: 5713
  • Association Approval Fee: 200

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00
  • Application Fee: 200

Schools

  • Elementary School: Laurel Nokomis Elementary
  • High School: Venice Senior High
  • Middle Or Junior School: Laurel Nokomis Middle

Lot Info

  • Parcel Number: 0137021039
  • Property Attached Yn: Yes
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Divosta Homes LP

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2024
Sold by
Carrera Michael J
Bought by
Michael J Carrera Trust and Carrera
Current Estimated Value
$421,042

Purchase Details

Listed on
Aug 2, 2022
Closed on
Sep 1, 2022
Sold by
Corinth Family Land Trust
Bought by
Carrera Michael J
Seller's Agent
DANIEL YOUNG
EVERGREEN REAL ESTATE SERVICES
Buyer's Agent
Stacey Andrews
ANDREWS & ASSOCIATES REALTY
List Price
$495,000
Sold Price
$480,000
Premium/Discount to List
-$15,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.10%

Purchase Details

Listed on
Mar 8, 2019
Closed on
Apr 17, 2019
Sold by
Bell Gordon and Bell Jennifer
Bought by
Cfl Land Trustee Llc
Seller's Agent
Anne Gallant
COLDWELL BANKER SUNSTAR REALTY
Buyer's Agent
DANIEL YOUNG
EVERGREEN REAL ESTATE SERVICES
List Price
$263,900
Sold Price
$263,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.36%

Purchase Details

Closed on
Oct 31, 2015
Sold by
Bell Gordon and Bell Jennifer
Bought by
Bell Family Living Trust
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
Michael J Carrera Trust $100 None Listed On Document
Carrera Michael J $480,000 Kohl Lauren
Cfl Land Trustee Llc $263,900 Premier Florida Title Llc
Bell Family Living Trust -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cfl Land Trustee Llc $95,000
Previous Owner Bell Gordon $182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Rented $2,500 -13.6% --
08/31/2023 08/31/23 Under Contract -- -- --
07/21/2023 07/21/23 For Rent $2,895 0.0% --
12/01/2022 12/01/22 Rented $2,895 0.0% --
10/17/2022 10/17/22 Under Contract -- -- --
10/05/2022 10/05/22 Price Changed $2,895 -3.5% $2 / Sq Ft
09/19/2022 09/19/22 Price Changed $3,000 +3.6% $2 / Sq Ft
09/02/2022 09/02/22 For Rent $2,895 0.0% --
08/31/2022 08/31/22 Sold $480,000 -3.0% $258 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
08/02/2022 08/02/22 For Sale $495,000 +87.6% $266 / Sq Ft
04/17/2019 04/17/19 Sold $263,900 0.0% $142 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $263,900 -- $142 / 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 $5,038 $317,700 -- $317,700
2023 $5,038 $381,100 $0 $381,100
2022 $4,135 $348,000 $0 $348,000
2021 $3,370 $234,000 $0 $234,000
2020 $3,385 $231,500 $0 $231,500
2019 $3,225 $222,100 $0 $222,100
2018 $3,577 $251,900 $0 $251,900
2017 $3,581 $243,480 $0 $0
2016 $3,450 $237,600 $0 $237,600
2015 $3,257 $216,400 $0 $216,400
2014 $3,126 $166,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4577205

Stellar MLS

APN: 0137-02-1039