NOT LISTED FOR SALE

641 Beach Rd Sarasota, FL 34242

Estimated Value: $3,947,942 - $5,013,000

4 Beds
6 Baths
3,145 Sq Ft
$1,449/Sq Ft Est. Value

Sale Details

Date Sold: August 9, 2017

Last sale price $2,875,000 $914 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $28,087 / mo

68 Days on Market

Highlights

  • 50 Feet of Ocean or Gulf Waterfront
  • Beach Access
  • Built in 2017 | Newly Remodeled
  • Phillippi Shores Elementary School Rated A
  • Media Room
  • Heated In Ground Pool

About This Home

As of August 2017

NEWLY CONSTRUCTED MODERN / CONTEMPORARY - SIESTA KEY BEACH RESIDENCE; a must see, rare new construction on Siesta Key, much sought after modern / contemporary design, 4 bedrooms - 4 bathrooms - 2 1/2 baths, this new home / location has it all; floor to ceiling glass highlighting both Gulf of Mexico - Siesta Beach views, quartz counters, new high end appliances, gas cooktop, en-suite bedrooms throughout, walk-in closets, separate bonus room with many potential uses, heated private pool, close to Siesta Beach access, elevator, extra parking, close to Siesta Village, incredible rooftop deck with outdoor kitchen, must see this outdoor deck to understand the rare beauty of this living / entertaining space, very liberal zoning if the owner needs to rent out part / full time - estimated annual gross income for weekly rental is $200K - $250K depending on availability, easy to see!!!!!!

Last Agent to Sell the Property

Robert Anderson Jr

RE/MAX ALLIANCE GROUP Brokerage Phone: 941-954-5454 License #3054681 Listed on: 05/24/2017

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Dion Souza

SARABAY REAL ESTATE INC License #3304623

SARABAY REAL ESTATE INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,982

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 4,960 Sq Ft Lot
  • Lot Dimensions are 100x50x98x50
  • 50 Feet of Ocean or Gulf Waterfront
  • West Facing Home
  • Child Gate Fence
  • Level Lot
  • Property is zoned RMF1

Property Views

  • Full Gulf or Ocean
  • Pool

Home Design

  • Custom Home
  • Contemporary Architecture
  • Elevated Home
  • Slab Foundation
  • Stem Wall Foundation
  • Membrane Roofing
  • Metal Roof
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 3,145 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Cathedral Ceiling
  • Skylights
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Media Room
  • Bonus Room
  • Game Room
  • Storage Room
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Double Convection Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • Garage
  • 3 Carport Spaces
  • Oversized Parking
  • Rear-Facing Garage
  • Side Facing Garage
  • Tandem Parking
  • Garage Door Opener
  • Driveway
  • Guest Parking

Accessible Home Design

  • Customized Wheelchair Accessible

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Pool Sweep

Outdoor Features

  • Beach Access
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill
  • Rain Gutters

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

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

Utilities

  • Central Heating and Cooling System
  • Generator Hookup
  • Tankless Water Heater
  • Fiber Optics Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sarasota Beach Community
  • Sarasota Beach Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 10 / 25
  • Assessor Parcel Number 0107030033

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,982

Year Built

Built in 2017 | Newly Remodeled

Lot Details

4,960 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3145
  • Lot Size Acres: 0.11
  • New Construction: Yes
  • Year Built: 2017
  • Accessibility Features: Customized Wheelchair Accessible
  • Building Area Total: 5836
  • Lot Size Sq Ft: 4960
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Building Area Total Srch Sq M: 542.18
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 914.15
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Property Description: Elevated
  • Attribution Contact: 941-954-5454
  • Tax Year: 2016
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Skylight(s), Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Convection Oven, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Electric Water Heater, Microwave, Microwave Hood, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab, Stem Wall, Stilt/On Piling
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Stories: 3
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Bonus Room,Family Room,Foyer,Game Room,Great Room,Media Room,Storage Rooms
  • Living Area Meters: 292.18

Exterior Features

  • Direction Faces: West
  • Other Structures: Outdoor Kitchen, Storage
  • Pool Features: Child Safety Fence, Gunite, Heated, In Ground, Pool Sweep, Salt Water
  • Exterior Features: Balcony, Hurricane Shutters, Lighting, Outdoor Grill, Outdoor Kitchen, Rain Gutters, Sliding Doors, Storage
  • Roof: Membrane, Metal, Other
  • Home Warranty: Yes
  • Pool Private: Yes
  • View: Pool, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Disclosures: Seller Property Disclosure
  • Water Access: Beach
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 50
  • Flood Zone Panel: 12115C0143F
  • Projected Completion Date: 2017-05-26T00:00:00.000
  • Water Frontage Feet Gulf Ocean: 50

Garage/Parking

  • Carport Spaces: 3
  • Carport Y N: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Rear, Garage Faces Side, Guest, Oversized, Tandem, Underground

Utilities

  • Utilities: Cable Available, Electricity Connected, Fiber Optics, Fire Hydrant, Gas, Public, Street Lights
  • Cooling: Central Air
  • Electric: Generator Hookup
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: ON FILE
  • Association: No
  • Security: Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 0
  • Complex Community Name Nccb: 641 BEACH ROAD
  • Pet Restrictions: Please check Sarasota County Code.
  • Association Fee Requirement: None
  • Condo Fees: 0
  • Condo Land Included YN: 1
  • Pet Size: Extra Large (101+ Lbs.)
  • SW Subdiv Condo Num: 289

Schools

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

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0107030033
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: FloodZone, In County, Level, Near Public Transit, Sidewalk, Paved
  • Lot Dimensions: 100x50x98x50
  • Flood Zone Code: VE

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: This property can operate as a weekly / daily rental depending on owners decision to operate.
  • Month To Month Or Weekly YN: 1

Multi Family

  • Number Of Units Total: 1
  • Waterfront Features: Gulf/Ocean
  • Approval Process: N/A

Tax Info

  • Tax Annual Amount: 5982
  • Tax Block: 25
  • Tax Book Number: 1-76
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2017
Sold by
Stellar Gaming Llc
Bought by
Stellar Beach Properties Llc
Current Estimated Value
$4,556,736

Purchase Details

Listed on
May 24, 2017
Closed on
Aug 10, 2017
Sold by
641 Beach Rd Llc
Bought by
Stellar Gaming Llc
Seller's Agent
Robert Anderson Jr
RE/MAX ALLIANCE GROUP
Buyer's Agent
Dion Souza
SARABAY REAL ESTATE INC
List Price
$2,999,000
Sold Price
$2,875,000
Premium/Discount to List
-$124,000
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%

Purchase Details

Closed on
Mar 14, 2014
Sold by
Woodruff Cheryl
Bought by
641 Beach Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
14%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 14, 2014
Sold by
Woodruff Cheryl A
Bought by
Woodruff Cheryl and The Cheryl Woodruff Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
14%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 23, 2013
Sold by
Marinkovic Michael Kent
Bought by
Woodruff Cheryl A

Purchase Details

Closed on
May 22, 2000
Sold by
Hoyt Leo S
Bought by
Marinkovic Michael Kent
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stellar Beach Properties Llc -- Attorney
Stellar Gaming Llc $2,875,000 Attorney
641 Beach Road Llc $600,000 Attorney
Woodruff Cheryl -- Attorney
Woodruff Cheryl A $499,000 Attorney
Marinkovic Michael Kent $93,500 --
Marinkovic Michael Kent $93,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 641 Beach Road Llc $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Off Market $2,875,000 -- --
08/09/2017 08/09/17 Sold $2,875,000 -4.1% $914 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $2,999,000 -- $954 / Sq Ft
Source: Stellar MLS

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
2025 $42,554 $3,315,900 $1,170,700 $2,145,200
2024 $40,099 $3,546,316 -- --
2023 $40,099 $3,541,100 $1,336,500 $2,204,600
2022 $36,168 $3,113,300 $1,253,500 $1,859,800
2021 $33,051 $2,664,400 $736,000 $1,928,400
2020 $31,211 $2,458,000 $692,600 $1,765,400
2019 $29,718 $2,349,700 $738,900 $1,610,800
2018 $29,588 $2,335,300 $738,900 $1,596,400
2017 $19,803 $1,534,200 $487,700 $1,046,500
2016 $5,982 $460,700 $460,700 $0
2015 $7,165 $537,600 $537,600 $0
2014 $7,272 $325,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4185328

Stellar MLS

APN: 0107-03-0033

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