$1,975,000
$524K PRICE DROP

577 Venice Ln Sarasota, FL 34242

Estimated payment $12,014/month

Total Views 14,082
4 Beds
3.5 Baths
2,641 Sq Ft
$748 Price per Sq Ft

Highlights

  • Heated In Ground Pool
  • Open Floorplan
  • Cathedral Ceiling
  • Phillippi Shores Elementary School Rated A
  • Living Room with Fireplace
  • Main Floor Primary Bedroom

About This Home

NEW, NEW,NEW... COMPLETED 2021! New Price! Hands down the absolute lowest priced, best value, new construction home on Siesta Key! Why consider spending money on a wet remediated home, or a 40-year-old renovated low ceiling, low lying home with non-impact glass and plumbing and electrical infrastructure issues? Why subject yourself to those older home realities that also come with astronomical maintenance and insurance costs, when you can act NOW by acquiring and investing in a stunning, modern, SAFE, new, West Indies 4 bedroom, 3 1/2 bath masterpiece with all the bells and whistles at a purchase price less than the cost of building new right now, not to mention the hassle of having to wait 2 plus years for completion! The highlights of this home are a two-car garage with a second story 350 sq ft storage area, total parking for 8 cars, an incredible entry area with 20 ft ceilings, an amazing separate office, and a wine room. Other highlights include an inviting heated, saltwater, lush tropical pool area complete with an outdoor kitchen and additional outdoor living spaces on either side of the house. The gorgeous primary suite is downstairs, while upstairs you will find an ensuite guest suite and two additional large bedrooms with a huge jack and jill bath. High and dry during recent storms is an understatement... no water even close to the house or garage. Homeowners insurance including hurricane coverage is only $4000/year and flood insurance is less than $1000/year! In addition, there are currently five new constructions builds on the street nearing completion that will all be listed in the north of $4 million dollar range. VALUE, VALUE, VALUE!

Listing Agent

Robert Ruiz

WILLIAM RAVEIS REAL ESTATE Brokerage Phone: 941-894-1255 License #3011084 Listed on: 10/25/2024

WILLIAM RAVEIS REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,783

Year Built

  • Built in 2021

Lot Details

  • 10,200 Sq Ft Lot
  • East Facing Home
  • Vinyl Fence
  • Landscaped
  • Property is zoned RSF2

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Stem Wall Foundation
  • Tile Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 2,641 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Shelving
  • Crown Molding
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Double Pane Windows
  • Sliding Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Home Office
  • Vinyl Flooring
  • Storm Windows

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Single Vanity
  • Private Water Closet
  • Bathtub With Separate Shower Stall
  • Shower Only
  • Rain Shower Head
  • Garden Bath
  • Multiple Shower Heads

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Saltwater Pool
  • Spa
  • Pool Tile
  • Pool Lighting

Outdoor Features

  • Covered patio or porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Private Mailbox

Utilities

  • Central Air
  • Heating Available
  • Vented Exhaust Fan
  • Thermostat
  • High Speed Internet
  • Cable TV Available

Community Details

  • Jim Mcclure Association
  • Built by James Talkie Custom Homes
  • Siesta Bayside Community
  • Siestas Bayside Waterside East Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,783

Year Built

Built in 2021

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stone, Stucco
  • Fireplace: Yes
  • Living Area: 2641
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 2021
  • Building Area Total: 3630
  • Lot Size Sq Ft: 10200
  • Directions to Property: Travel over north bridge of Siesta Key, continue on Siesta Drive. Continue as Siesta Drive turns into Higel Avenue, turn left onto Midnight Pass Road. Take a right onto commonwealth Drive and then next right onto VeniceLane. It is the third house on your right.
  • Status: Active
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 210470960
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 747.82
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-894-1255
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Electric, Living Room
  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab, Stem Wall
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Double Pane Windows, Storm Window(s)
  • Street Number Modifier: 577
  • Living Area Meters: 245.36
  • Room Count: 13

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated, In Ground, Lighting, Salt Water, Tile
  • Exterior Features: Lighting, Outdoor Kitchen, Private Mailbox, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0141G

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association Name: Jim McClure
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Association Email: president@watersideeast.org

Fee Information

  • Total Annual Fees: 500.00
  • Total Monthly Fees: 41.67
  • Monthly HOA Amount: 41.67

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0079150023
  • Additional Parcels: No
  • Fencing: Vinyl
  • Lot Features: Landscaped
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 948

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: James Talkie Custom Homes

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Buyer to verify with Sarasota County Restrictions

Tax Info

  • Tax Annual Amount: 12783
  • Tax Book Number: 19-31
  • Tax Lot: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $12,783 $1,113,666 -- --
2023 $12,783 $1,081,229 $0 $0
2022 $12,480 $1,049,737 $0 $0
2021 $4,283 $344,200 $344,200 $0
2020 $3,459 $274,600 $274,600 $0
2019 $2,861 $227,400 $227,400 $0
2018 $3,019 $255,000 $255,000 $0
2017 $2,840 $199,557 $0 $0
2016 $2,578 $207,700 $207,700 $0
2015 $2,271 $170,400 $170,400 $0
2014 $2,102 $136,300 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 For Sale $1,975,000 0.0% $748 / Sq Ft
06/17/2025 06/17/25 Off Market $1,975,000 -- --
05/31/2025 05/31/25 For Rent $13,500 0.0% --
05/27/2025 05/27/25 Price Changed $1,975,000 -1.0% $748 / Sq Ft
04/09/2025 04/09/25 Price Changed $1,995,000 -9.1% $755 / Sq Ft
02/22/2025 02/22/25 Price Changed $2,195,000 -4.5% $831 / Sq Ft
01/16/2025 01/16/25 For Sale $2,299,000 0.0% $871 / Sq Ft
01/09/2025 01/09/25 Off Market $2,299,000 -- --
12/11/2024 12/11/24 Price Changed $2,299,000 -8.0% $871 / Sq Ft
10/25/2024 10/25/24 For Sale $2,499,000 +616.0% $946 / Sq Ft
09/20/2019 09/20/19 Sold $349,000 0.0% --
08/06/2019 08/06/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $349,000 +18.3% --
11/09/2018 11/09/18 Sold $295,000 -7.8% --
09/26/2018 09/26/18 Pending -- -- --
07/19/2018 07/19/18 Price Changed $319,900 -1.6% --
02/07/2018 02/07/18 For Sale $325,000 -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $925,000 Attorney
Warranty Deed $349,000 Attorney
Warranty Deed $295,000 Attorney
Warranty Deed $320,000 --
Interfamily Deed Transfer -- --
Warranty Deed $179,900 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $548,250 New Conventional
Previous Owner $221,250 Commercial
Previous Owner $406,500 Unknown
Previous Owner $224,000 Purchase Money Mortgage
Previous Owner $161,900 Purchase Money Mortgage
Previous Owner $136,000 Purchase Money Mortgage
Source: Public Records

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Source: Stellar MLS

MLS Number: A4626411

Stellar MLS

APN: 0079-15-0023