NOT LISTED FOR SALE

624 Waterside Way Sarasota, FL 34242

Estimated Value: $3,551,000 - $4,294,000

5 Beds
4.5 Baths
4,986 Sq Ft
$790/Sq Ft Est. Value

Last Sold March 20, 2023

Last sale price $4,562,500 $915 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $22,537/month

9 Days on Market

Highlights

  • 68 Feet of Salt Water Canal Waterfront
  • Boat Slip Deeded
  • Heated In Ground Pool
  • Phillippi Shores Elementary School Rated A
  • Boat Lift
  • Reverse Osmosis System

About This Home

As of March 2023

This fantastic home was designed for entertaining. Located on a quiet cul-de-sac, this canal-front home is conveniently located very close to the Siesta Key Village, the world-famous white-sand beach, and only a few minutes by boat to the open waters of the Intracoastal Waterway. Upon entering the home, you are immediately drawn across the spacious open-concept great room and through the triple French doors to the expansive multi-level covered lanai. This is the quintessential Siesta Key beach house where one seamlessly experiences both the incredible indoor and outdoor island lifestyle. An entertainer’s dream with an incredible backdrop of a wide canal, boat lift, and dock, a large, heated saltwater pool with spillover spa, travertine decking, and tropical landscaping professionally illuminated for the ultimate setting. 11-foot ceilings provide an expansive sensation flowing throughout the first floor. The kitchen features 42-inch wood cabinets, granite countertops with a tumbled marble tile backsplash, and a stainless steel appliance package including a 6-burner Wolf gas cooktop, convection oven, microwave, warming drawer, and Sub-Zero refrigerator. The primary owner’s suite is a massive retreat complete with two large custom walk-in closets, an en-suite bathroom with two vanities, a walk-through shower, jetted soaking tub, and a private water closet. One can’t call a house an entertainer’s dream without multiple venues to entertain. A large upstairs family room with a private balcony, wet bar, and beverage fridge is perfect for watching movies and playing games, while just across the hall is a spacious covered and open balcony, an ideal area for quiet evenings, private sunbathing, and stargazing. This open and split floor plan allows privacy among the five bedrooms, with two laundry rooms to enhance your comfort and convenience. Those who work from home will appreciate the designated first-floor office with tropical landscape views. There is an amazing amount of storage throughout the home, while the oversized 3-car garage delivers considerable additional space for tools, bikes, and your beach essentials. Some added features include Brazilian teak hardwood flooring throughout, 8-foot doors, ceiling speakers, security system, whole-house Kinetico water softener and Kinetico reverse-osmosis water system, paver driveway, 10,000-lb boat lift, tankless water heater, well for irrigation, impact windows, solid poured cement celled walls and so much more. Come see this magnificent home and discover the epitome of island living.

Last Agent to Sell the Property

Mike Warm

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3337038 Listed on: 01/31/2023

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Amber Lynch

COMPASS FLORIDA LLC License #3408550

COMPASS FLORIDA LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,165

Year Built

  • Built in 2008

Lot Details

  • 0.3 Acre Lot
  • 68 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • North Facing Home
  • Fenced
  • Mature Landscaping
  • Well Sprinkler System
  • Landscaped with Trees
  • Property is zoned RSF2

Parking

  • 3 Car Attached Garage
  • Parking Pad
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,986 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Shelving
  • Bar Fridge
  • Chair Railings
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Stone Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • French Doors
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Inside Utility
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Granite Countertops
  • Solid Wood Cabinet
  • Trash Compactor
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Makeup or Vanity Space
  • Split Vanities
  • Single Vanity
  • Dual Sinks
  • Private Water Closet
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall
  • Shower Only
  • Rain Shower Head
  • Multiple Shower Heads
  • Built-In Shower Bench
  • Linen Closet In Bathroom
  • Window or Skylight in Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights
  • High Impact Windows
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool

Outdoor Features

  • Access to Saltwater Canal
  • Dock has access to water
  • Seawall
  • Boat Lift
  • Boat Slip Deeded
  • Dock made with Composite Material
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Flood Insurance May Be Required

Schools

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

Utilities

  • Central Heating and Cooling System
  • Propane
  • Tankless Water Heater
  • Gas Water Heater
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Siestas Bayside Waterside Community
  • Siestas Bayside Waterside West Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,165

Year Built

Built in 2008

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: Yes
  • Living Area: 4986
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 2008
  • Building Area Total: 7674
  • Lot Size Sq Ft: 12969
  • Directions to Property: From S Tamiami Trl turn west onto Siesta Dr and continue onto Higel Ave, turn left onto Waterside Way. House on right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 915.06
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room, Stone
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Central Vaccum, Chair Rail, Coffered Ceiling(s), Crown Molding, Eat-in Kitchen, High Ceilings, Master Bedroom Upstairs, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Ice Maker, Kitchen Reverse Osmosis System, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Trash Compactor, Washer, Water Softener, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds, Double Pane Windows, Impact Glass/Storm Windows
  • Street Number Modifier: 624
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Breakfast Room Separate,Den/Library/Office,Family Room,Formal Dining Room Separate,Great Room,Inside Utility
  • Living Area Meters: 463.21
  • Room Count: 14

Exterior Features

  • Direction Faces: North
  • Pool Features: Gunite, Heated, In Ground, Salt Water
  • Exterior Features: Balcony, French Doors, Irrigation System, Lighting, Rain Gutters
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Rear Porch
  • Road Surface Type: Paved
  • Disclosures: Seller Property Disclosure
  • Water Access: Canal - Saltwater
  • Water Extras: Dock - Composite,Dock - Slip Deeded On-Site,Dock w/Electric,Dock w/Water Supply,Lift,Seawall - Concrete
  • Water Extras YN: 1
  • Water Frontage Feet Canal Salt: 68
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 68

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Side, Parking Pad

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Propane, Sprinkler Well
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room, Other, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Security Lights, Security System, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0081060013
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: Flood Insurance Required, In County, Street Dead-End, Paved
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 1205

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 20164.93
  • Tax Book Number: 18-19
  • Tax Lot: 15

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2023
Closed on
Mar 20, 2023
Sold by
Carlton Patrick E and Carlton Wendeline G
Bought by
Riley Jennifer and Riley Christopher
Seller's Agent
Mike Warm
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Amber Lynch
COMPASS FLORIDA LLC
List Price
$4,850,000
Sold Price
$4,562,500
Premium/Discount to List
-$287,500
-5.93%
Views
146
Current Estimated Value
$3,937,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$624,852
Avg. Annual Appreciation
-5.63%
Original Mortgage
$3,221,875
Outstanding Balance
$3,075,665
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$861,983

Purchase Details

Closed on
May 2, 2016
Sold by
Palmer Waldron and Palmer Melodie A
Bought by
Carlton Patrick E and Carlton Wendeline G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,443,750
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 6, 2000
Sold by
Eady Lois A and Eady Dennis A
Bought by
Palmer Waldron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.8%
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
Riley Jennifer $4,562,500 --
Carlton Patrick E $1,925,000 Attorney
Palmer Waldron $510,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riley Jennifer $3,221,875
Previous Owner Carlton Patrick E $1,443,750
Previous Owner Palmer Waldron $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2023 03/20/23 Sold $4,562,500 -5.9% $915 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $4,850,000 -- $973 / 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 $20,664 $3,566,200 $1,134,100 $2,432,100
2023 $20,664 $1,726,368 $0 $0
2022 $20,182 $1,676,085 $0 $0
2021 $20,165 $1,627,267 $0 $0
2020 $20,311 $1,604,800 $532,500 $1,072,300
2019 $20,226 $1,606,897 $0 $0
2018 $19,874 $1,576,935 $0 $0
2017 $19,805 $1,544,500 $459,300 $1,085,200
2016 $18,665 $1,599,900 $465,900 $1,134,000
2015 $19,025 $1,734,800 $515,500 $1,219,300
2014 $18,965 $1,379,357 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4558937

Stellar MLS

APN: 0081-06-0013