Landlord's Agent in 2023
Helene Frudakis
FLORIDA VIP REALTY INC
(941) 867-7406
33 Total Sales
5719 Riegels Point Rd Sarasota, FL 34242
Estimated Value: $1,936,000 - $2,506,000
5
Beds
4.5
Baths
3,714
Sq Ft
$615/Sq Ft
Est. Value
Highlights
- 300 Feet of Waterfront
- White Water Ocean Views
- Boat Slip Deeded
- Phillippi Shores Elementary School Rated A
- Water access To Gulf or Ocean
- Boat Lift
About This Home
As of May 2023Amazing opportunity, to find a rental like this hidden gem! Live your best life with the island lifestyle and enjoy the best of both worlds with the beach and boating. DEEP SAILBOAT WATER BOATING or take a quick stroll to the world-renowned, award-winning Siesta Key Beach with its famous powdery sand! This Key West-style waterfront home is tucked away, in one of the most popular, upscale, gated yachting communities of Riegels Landing. A vacation resort-style setting with so much character, tropical landscaping, and canopy trees. A place where you can work remotely, in an upscale beach neighborhood, move-in ready, and just sit back and enjoy peace and tranquility. This fully furnished home has 5 bedrooms, and 4.5 baths, with just over 3700 SF, it's the perfect home for entertaining extended family and guests. Multiple levels provide separate living areas with two Owner's En-Suite bedrooms on separate floors and two guest suites on the third level. The ground floor level offers a separate entrance, overlooking the massive swimming pool, and could be an in-law suite, with a living area that features entertainment, board games, a built-in wet bar, wine cooler, refrigerator, and a home theater screen for fun movie nights! The main living area is located on the second level with high vaulted ceilings, a baby grand piano, a private office/study, and an executive owner's suite. The gourmet kitchen offers the most incredible views of Riegel's Landing Harbor, making this gorgeous outdoor setting look like the cover of a magazine! It is also voted one of the most favorite rooms in this home, with the outdoor balcony off the kitchen to sip your morning coffee or have cocktails in the evening at sunset. The kitchen has so much more for families to gather, cook together and make new memories, with the huge island and an induction cooktop, Sub Zero, a wall oven, a warmer, a wine cooler, and a walk-in pantry. Natural sunlit rooms, spectacular water views from all of the bedrooms, kitchen, and exterior balconies displaying exquisite Ipe Brazilian wood decks. The protected, brand-new private dock and mooring with its deep water, is a boat lover's dream! The dock can accommodate a sailboat or yacht, up to 50 ft., and a 7,000 lb lift for a boat or jet skis, with direct access to Intracoastal and no bridges to the Gulf of Mexico.
The outdoor living space features a swimming pool, spa, table tennis, fire pit, grill, and patio dining area, overlooking the water. One more bonus for you!! This garage comes equipped with an EV Charger! This home is pet friendly, call for more details!
Last Agent to Rent the Property
FLORIDA VIP REALTY INC License #3066483 Listed on: 12/02/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,704
Year Built
- Built in 1982
Lot Details
- 0.26 Acre Lot
- 300 Feet of Waterfront
- 100 Feet of Salt Water Canal Waterfront
- 100 Feet of Bay Harbor Waterfront
- 100 Feet of Intracoastal Waterfront
- Property fronts an intracoastal waterway
- Property fronts a saltwater canal
- Northwest Facing Home
- Landscaped
- Private Lot
- Corner Lot
- Oversized Lot
- Level Lot
- Irrigation
- Street paved with bricks
Parking
- 2 Car Attached Garage
- Oversized Parking
- Electric Vehicle Home Charger
- Ground Level Parking
- Rear-Facing Garage
- Garage Door Opener
- Circular Driveway
- Open Parking
- Deeded Parking
Property Views
- White Water Ocean
- Intracoastal
- Canal
Home Design
- Tri-Level Property
Interior Spaces
- 3,714 Sq Ft Home
- Open Floorplan
- Wet Bar
- Furnished
- Built-In Features
- Crown Molding
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Insulated Windows
- Blinds
- Drapes & Rods
- French Doors
- Sliding Doors
- Great Room
- Family Room Off Kitchen
- Formal Dining Room
- Home Theater
- Den
- Bonus Room
- Inside Utility
Kitchen
- Eat-In Kitchen
- Walk-In Pantry
- Built-In Oven
- Cooktop
- Recirculated Exhaust Fan
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Cooking Island
- Granite Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Wood
- Epoxy
- Ceramic Tile
- Travertine
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Primary Bedroom Upstairs
- En-Suite Bathroom
- Walk-In Closet
- In-Law or Guest Suite
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Home Security
- Security System Leased
- Hurricane or Storm Shutters
- High Impact Windows
- Fire and Smoke Detector
Pool
- Screened Pool
- In Ground Pool
- Heated Spa
- In Ground Spa
- Gunite Pool
- Fence Around Pool
- Diving Board
- Auto Pool Cleaner
- Pool Lighting
Outdoor Features
- Water access To Gulf or Ocean
- Access To Intracoastal Waterway
- Fishing Pier
- No Fixed Bridges
- Access to Saltwater Canal
- Seawall
- Boat Lift
- Boat Slip Deeded
- Dock made with Composite Material
- Balcony
- Deck
- Enclosed Patio or Porch
- Outdoor Kitchen
- Exterior Lighting
- Outdoor Storage
- Outdoor Grill
- Private Mailbox
Location
- Flood Zone Lot
- Flood Insurance May Be Required
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Sarasota High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Propane
- Propane
- Water Filtration System
- Electric Water Heater
Listing and Financial Details
- Residential Lease
- Security Deposit $18,000
- Property Available on 12/19/22
- Tenant pays for cleaning fee
- The owner pays for electricity, gas, grounds care, pest control, pool maintenance, sewer, trash collection, water
- Available 6/1/23
- $150 Application Fee
- Assessor Parcel Number 0105040012
Community Details
Overview
- Property has a Home Owners Association
- Riegel's Landing Dave Mccabe Association
- Riegels Landing Community
- Riegels Landing Subdivision
- The community has rules related to building or community restrictions
Recreation
- Fishing
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 19, 2013
Sold by
First Federal Bank Of Florida
Bought by
Visvalingam Vernu and Visvalingam Vatsala
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$799,200
Outstanding Balance
$572,601
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$1,711,527
Purchase Details
Closed on
Jul 1, 2013
Sold by
Green Stewart
Bought by
First Federal Bank Of Florida
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$799,200
Outstanding Balance
$572,601
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$1,711,527
Purchase Details
Closed on
Apr 11, 2008
Sold by
Dwyer James E and Dwyer Sheri L
Bought by
Green Stewart
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,253,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 1, 1995
Sold by
Holton Richard L and Holton Marcia H
Bought by
Dwyer James E and Dwyer Sheri L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
8.22%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Visvalingam Vernu | $999,000 | Attorney | |
| First Federal Bank Of Florida | $1,100,001 | None Available | |
| Green Stewart | $1,790,000 | Attorney | |
| Dwyer James E | $605,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Visvalingam Vernu | $799,200 | |
| Previous Owner | Green Stewart | $1,253,000 | |
| Previous Owner | Dwyer James E | $484,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/16/2023 05/16/23 | Rented | $18,000 | 0.0% | -- |
| 05/16/2023 05/16/23 | Under Contract | -- | -- | -- |
| 02/01/2023 02/01/23 | Price Changed | $18,000 | 0.0% | $5 / Sq Ft |
| 02/01/2023 02/01/23 | For Rent | $18,000 | -18.2% | -- |
| 02/01/2023 02/01/23 | Under Contract | -- | -- | -- |
| 01/23/2023 01/23/23 | Off Market | $22,000 | -- | -- |
| 12/02/2022 12/02/22 | For Rent | $22,000 | -- | -- |
Source: Stellar MLS
Tax History Compared to Growth
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 | $9,704 | $2,007,000 | $1,377,700 | $629,300 |
| 2023 | $9,704 | $793,004 | $0 | $0 |
| 2022 | $9,439 | $765,344 | $0 | $0 |
| 2021 | $9,267 | $743,052 | $0 | $0 |
| 2020 | $8,785 | $690,091 | $0 | $0 |
| 2019 | $8,524 | $674,576 | $0 | $0 |
| 2018 | $8,360 | $661,998 | $0 | $0 |
| 2017 | $8,327 | $648,382 | $0 | $0 |
| 2016 | $8,391 | $860,000 | $452,700 | $407,300 |
| 2015 | $8,546 | $789,200 | $439,600 | $349,600 |
| 2014 | $8,518 | $756,241 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Helene Frudakis
-
Vatsi Visvalingam
V
Landlord's Co-Listing Agent in 2023
Vatsi Visvalingam
FLORIDA VIP REALTY INC
(941) 879-2820
Map
Source: Stellar MLS
MLS Number: A4551816
APN: 0105-04-0012
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.
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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