NOT LISTED FOR SALE

603 Beach Rd Sarasota, FL 34242

Siesta Key Area

Estimated Value: $2,420,426

7 Beds
5 Baths
3,273 Sq Ft
$740/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2022

Last sale price $2,425,000 $741 Per Sq Ft

Current estimated payment $15,576 / mo

19 Days on Market

Highlights

  • Partial Gulf or Ocean Views
  • 4 Car Attached Garage
  • Storage Room
  • No HOA
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of January 2022

Don't miss out on this amazing opportunity to own a triplex on Siesta Key! This is an incoming producing rental property with a projected income between $350,000 - $400,000; once updated. Zoned RMF which allows weekly rentals and contains a hotel/motel license which allows for daily rentals as well. Perfectly located directly across the street from beach access #10, one block from the world-famous Siesta Key Beach, and a short walk to the Siesta Key Village with the best shopping, restaurants, and entertainment. This is a highly coveted property by annual vacation renters due to its prime location and unmatched gulf views. This triplex features two, 3 bed, 2 bath units and one, 1 bed, 1 bath unit with ample storage and a four-car garage. This opportunity will not last long, reach out for more information before it's gone!

Last Agent to Sell the Property

Curtis Ware

KW COASTAL LIVING III License #3275023 Listed on: 12/20/2021

KW COASTAL LIVING III

Last Buyer's Agent

Curtis Ware

KW COASTAL LIVING III License #3275023 Listed on: 12/20/2021

KW COASTAL LIVING III

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,469

Year Built

  • Built in 1936

Lot Details

  • 4,930 Sq Ft Lot
  • South Facing Home
  • Chain Link Fence
  • Property is zoned RMF3

Parking

  • 4 Car Attached Garage
  • Driveway
  • Parking Garage Space
  • Off-Street Parking

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,273 Sq Ft Home
  • Storage Room
  • Partial Bay or Harbor Views
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Microwave

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Phone Available
  • 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

$13,469

Year Built

Built in 1936

Lot Details

4,930 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco, Wood Siding
  • Fireplace: No
  • Living Area: 3273
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 1936
  • Building Area Total: 5214
  • Lot Size Sq Ft: 4930
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4520275?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4520275?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.97194
  • Price per Sq Ft: 740.91
  • Close to Original List Price Ratio: 0.97194
  • Ratio: Current Price\Building Area Total: 465.09
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 5
  • Interior Amenities: Thermostat
  • Appliances Included: Built-In Oven, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 7
  • Levels: Two
  • Room Count: 13
  • Additional Rooms: Storage Rooms

Exterior Features

  • Direction Faces: South
  • Exterior Features: Lighting, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View: Gulf/Ocean - Partial
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0143F
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Driveway, Off Street, Under Building
  • Covered Parking Spaces: 4
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0082140043
  • Additional Parcels: No
  • Fencing: Chain Link
  • Flood Zone Code: VE
  • Flood Zone Date: 2016-11-04

Rental Info

  • Minimum Lease: 1-7 Days
  • Approval Process: RMF Zoining - Weekly Rentals Hotel/Motel License - Daily rentals possible if buyer desires
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: RMF Zoining - Weekly Rentals Hotel/Motel License - Daily rentals possible if buyer desires

Tax Info

  • Tax Annual Amount: 13469
  • Tax Block: 25
  • Tax Book Number: 1-76
  • Tax Lot: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2021
Closed on
Jan 31, 2022
Sold by
Bought by
Seller's Agent
Curtis Ware
KW COASTAL LIVING III
Buyer's Agent
Curtis Ware
KW COASTAL LIVING III
List Price
$2,495,000
Sold Price
$2,425,000
Premium/Discount to List
-$70,000
-2.81%
Current Estimated Value
$2,420,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,574
Avg. Annual Appreciation
-0.04%

Purchase Details

Closed on
Nov 15, 2021
Sold by
Bought by

Purchase Details

Closed on
Apr 28, 2016
Sold by
Bought by

Purchase Details

Closed on
Jun 30, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 12, 2003
Sold by
Bought by

Purchase Details

Closed on
Dec 6, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
7.81%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 19, 1998
Sold by
Bought by

Purchase Details

Closed on
Nov 13, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,425,000 None Listed On Document
$1,320,000 Attorney
$1,200,000 Attorney
-- None Available
$840,000 --
-- --
$400,000 --
$450,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $720,000
Previous Owner $250,000
Previous Owner $93,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/31/2022 01/31/22 Sold $2,425,000 -2.8% $741 / Sq Ft
01/08/2022 01/08/22 Pending -- -- --
01/06/2022 01/06/22 For Sale $2,495,000 0.0% $762 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
12/20/2021 12/20/21 For Sale $2,495,000 -- $762 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $27,429 $1,984,600 $1,168,000 $816,600
2024 $24,849 $2,237,180
2023 $24,849 $2,033,800 $1,332,100 $701,700
2022 $20,669 $1,666,500 $1,251,000 $415,500
2021 $13,664 $1,028,000 $697,100 $330,900
2020 $13,469 $991,000 $655,900 $335,100
2019 $12,486 $917,000 $699,800 $217,200
2018 $13,286 $979,700 $564,800 $414,900
2017 $12,833 $926,800 $454,500 $472,300
2016 $12,013 $1,010,900 $532,400 $478,500
2015 $9,765 $719,500 $299,500 $420,000
2014 $8,249 $503,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Curtis Ware

    Seller's Agent in 2022

    Curtis Ware

    KW COASTAL LIVING III

    (941) 587-9122

    120 Total Sales

    Curtis Ware
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Map

Source: Stellar MLS

MLS Number: A4520275

Stellar MLS

APN: 0082-14-0043

Florida Sarasota County Sarasota 34242

603 Beach Rd, Sarasota, FL

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Stellar MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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