$1,200,000
SOLD MAR 14, 2024

651 Mangrove Point Rd Sarasota, FL 34242

0.46 Acre
$2,608,696 Price per Acre
20,038 Sq Ft Lot

Recently Sold

$554 Per Sq Ft

280 Days on Market

Highlights

  • Community Beach Access
  • Oak Trees
  • Mature Landscaping
  • Phillippi Shores Elementary School Rated A
  • Garden View
  • Oversized Lot

About This Lot

As of March 2024

Nestled in the secluded Cocoanut Bayou neighborhood on North Siesta Key, this nearly half-acre lushly landscaped wooded property offers an array of possibilities for enjoying a tranquil island lifestyle. An Old Florida-style 2-bedroom, 3.5-bath cottage with a circular driveway currently sits on the 19,888-square foot lot, offering you an opportunity to start fresh and build your island dream home. Cocoanut Bayou is a community of about 50 homes ranging from magnificent waterfront estates to beach bungalows dating back to the 1950s and 60s. For an annual fee this property is eligible to join the Coconut Bayou Association, granting private beach access and is a short stroll to Out-of-Door Academy, less than a mile from charming Siesta Village, 2 miles from world-renowned Siesta Beach and 5 miles from vibrant downtown Sarasota’s dining, shopping and cultural arts scene.

Last Agent to Sell the Property

Beverly St Hilaire

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-388-4447 License #3231988 Listed on: 04/24/2023

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Tak Konstantinou

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-388-4447 License #3028292

Last Buyer's Agent

Monica LeSuer

DOUGLAS ELLIMAN License #3488404

DOUGLAS ELLIMAN

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,665

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 130x170x92x91x90
  • South Facing Home
  • Fenced
  • Mature Landscaping
  • Oversized Lot
  • Level Lot
  • Irregular Lot
  • Oak Trees
  • Bamboo Trees
  • Wooded Lot
  • Property is zoned RSF1

HOA Fees

  • $67 Monthly HOA Fees

Schools

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

Additional Features

  • Garden Views
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 7 / A
  • Assessor Parcel Number 0079070024

Community Details

Overview

  • Association fees include recreational facilities
  • Pinnacle Community Association Management Association
  • Boyds Sub Community
  • Boyds Siesta Key Subdivision

Recreation

  • Community Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$3,665

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • HOA Fee Includes: Recreational Facilities
  • Property Type: Land
  • Lot Size Acres: 0.46
  • Lot Size Sq Ft: 19888
  • Directions to Property: Take Siesta Drive to Hiegel, at light go left on Midnight Pass Road, turn right onto Mangrove Point Drive.
  • Status: Sold
  • Co List Office Mls Id: MFR281502392
  • Co List Office Phone: 941-388-4447
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • RATIO Current Price By Calculate: 60.34
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Planned Unit Development Yn: 0
  • Attribution Contact: 941-388-4447
  • Tax Year: 2022
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 651

Exterior Features

  • Direction Faces: South
  • Other Structures: Other
  • Road Frontage Type: City Street
  • View: Garden
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 2608696

Utilities

  • Utilities: Cable Connected, Electricity Available, Public, Water Connected
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Beach Area
  • Association Amenities: Other
  • Association Fee: 800
  • Association Fee Frequency: Annually
  • Association Name: Pinnacle Community Association Management
  • Association: Yes
  • Association 2 YN: 0
  • Pet Restrictions: No pet restrictions.
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 800.00
  • Total Monthly Fees: 66.67
  • Monthly HOA Amount: 66.67

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0079070024
  • Additional Parcels: No
  • Current Use: Residential
  • Fencing: Boundary Fencing
  • Lot Features: Buildable, Irregular Lot, Landscaped, Level, Oversized Lot, Room For Pool
  • Lot Dimensions: 130x170x92x91x90
  • Flood Zone Code: AE
  • Lot Size Square Meters: 1848
  • Zoning Compatible YN: 1
  • Current Adjacent Use: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 3665.11
  • Tax Block: A
  • Tax Book Number: 5-82
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Mar 14, 2024
Sold by
Fred And Joan Mohr Revocable Living Trus
Bought by
Tenx Adventures Llc
Seller's Agent
Beverly St Hilaire
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Monica LeSuer
DOUGLAS ELLIMAN
List Price
$1,400,000
Sold Price
$1,200,000
Premium/Discount to List
-$200,000
-14.29%
Views
57
Current Estimated Value
$1,222,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,020
Avg. Annual Appreciation
1.36%

Purchase Details

Closed on
Jun 17, 2011
Sold by
Mohr Fred and Mohr Joan G
Bought by
The Fred & Joan Mohr Revocable Living Tr

Purchase Details

Closed on
Jan 10, 1994
Sold by
Mccurley Donna A and Trent Donna M
Bought by
Mohr Fred and Mohr Joan G
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 Type Sale Price Title Company
Warranty Deed $1,200,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $164,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2024 03/14/24 Sold $1,200,000 0.0% $554 / Sq Ft
03/14/2024 03/14/24 Sold $1,200,000 -14.3% $554 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
01/30/2024 01/30/24 Pending -- -- --
11/02/2023 11/02/23 For Sale $1,400,000 0.0% $646 / Sq Ft
05/24/2023 05/24/23 Price Changed $1,400,000 +16.7% $646 / Sq Ft
05/16/2023 05/16/23 For Sale $1,200,000 0.0% $554 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
04/24/2023 04/24/23 For Sale $1,200,000 -- $554 / 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 $3,749 $933,200 $724,100 $209,100
2023 $3,749 $298,006 $0 $0
2022 $3,665 $289,326 $0 $0
2021 $3,655 $280,899 $0 $0
2020 $3,656 $277,021 $0 $0
2019 $3,530 $270,793 $0 $0
2018 $3,446 $265,744 $0 $0
2017 $3,430 $260,278 $0 $0
2016 $3,378 $516,500 $326,000 $190,500
2015 $3,435 $580,400 $422,400 $158,000
2014 $3,422 $247,433 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4568377

Stellar MLS

APN: 0079-07-0024