NOT LISTED FOR SALE

6905 Point of Rocks Rd Sarasota, FL 34242

Estimated Value: $2,915,000 - $3,606,000

6 Beds
4 Baths
3,528 Sq Ft
$913/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $3,600,000 $1,020 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $19,163/month

364 Days on Market

Highlights

  • Beach Access
  • No HOA
  • Central Heating and Cooling System
  • Phillippi Shores Elementary School Rated A
  • Balcony
  • Turnkey

About This Home

As of August 2022

Fantastic income producing property just steps to world famous Siesta Beach. Potential renters have options here with two 2 bed 1 bath units and two 1 bed 1 bath units available. There are two covered parking spots, on site laundry, an eclectic and fun common area and creates tons of income, $558,000 gross income 3/2021-3/2022 which is beachfront income without the beachfront price. The location is fantastic with beach access is directly across the street from this property, making it easy for guests to get to an from the beach at any time. Crescent village is just u the street with restaurants, grocery shopping, boutiques as well as fun stuff to do in the sun like boat and jet ski rentals, bike rentals and much more. This property has been very well maintained and is ready for you to start reaping the rewards!

Last Agent to Sell the Property

Thomas Cail

RE/MAX ALLIANCE GROUP License #0586337 Listed on: 03/09/2021

RE/MAX ALLIANCE GROUP

Co-Listed By

Jason Grande

RE/MAX ALLIANCE GROUP License #0620547

Last Buyer's Agent

Toni Zarghami

KW COASTAL LIVING III License #3283821

KW COASTAL LIVING III

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,489

Year Built

  • Built in 1993

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 60x120

Parking

  • 2 Carport Spaces

Home Design

  • 3,528 Sq Ft Home
  • Quadruplex
  • Turnkey
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Pile Dwellings

Outdoor Features

  • Beach Access
  • Water Access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 6,229 Sq Ft Building
  • Point Of Rocks Terrace Community
  • Point Of Rocks Terrace Subdivision

Building Details

  • Gross Income $558,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,489

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Wood Frame, Wood Siding
  • Fireplace: No
  • Living Area: 3528
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1993
  • Building Area Total: 6229
  • Lot Size Sq Ft: 7200
  • Directions to Property: Midnight Pass Road south of Stickney Point to west on Point Of Rocks Rd to property on corner
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4493219?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4493219?w=Customer
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Call Center Phone Number: 8007469464
  • Ratio: Close Price\List Price: 0.94987
  • Price per Sq Ft: 1020.41
  • Close to Original List Price Ratio: 1.10803
  • Ratio: Current Price\Building Area Total: 577.94
  • View: No
  • Co List Office Mls Id: 281518938
  • Co List Office Phone: 941-954-5454
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Foundation Details: Stilt/On Piling
  • Street Number Modifier: 6905
  • Number Of Buildings: 1
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Balcony, Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water Access: Beach
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0108170043
  • Additional Parcels: No
  • Lot Dimensions: 60x120
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Turnkey

Multi Family

  • Gross Income: 558000
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 14489.1
  • Tax Book Number: 3-88
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
Aug 16, 2022
Sold by
Crescent Point Llc
Bought by
Conway Ridge Inc and Gateway Marketing Inc
Seller's Agent
Thomas Cail
RE/MAX ALLIANCE GROUP
Buyer's Agent
Toni Zarghami
KW COASTAL LIVING III
List Price
$3,790,000
Sold Price
$3,600,000
Premium/Discount to List
-$190,000
-5.01%
Views
9
Current Estimated Value
$3,219,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$380,186
Avg. Annual Appreciation
-4.06%
Original Mortgage
$1,200,000
Interest Rate
5.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 3, 2013
Sold by
Sukola Josef and Sukola Milinka
Bought by
Crescent Point Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Conway Ridge Inc $3,600,000 None Listed On Document
Crescent Point Llc $935,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conway Ridge Inc $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2022 08/17/22 Sold $3,600,000 -5.0% $1,020 / Sq Ft
04/04/2022 04/04/22 Price Changed $3,790,000 0.0% $1,074 / Sq Ft
04/04/2022 04/04/22 For Sale $3,790,000 +8.3% $1,074 / Sq Ft
03/08/2022 03/08/22 Pending -- -- --
12/07/2021 12/07/21 For Sale $3,499,000 0.0% $992 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
04/03/2021 04/03/21 Price Changed $3,499,000 +7.7% $992 / Sq Ft
03/09/2021 03/09/21 For Sale $3,249,000 -- $921 / 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 $25,099 $2,007,500 $950,500 $1,057,000
2023 $25,099 $2,001,700 $1,008,400 $993,300
2022 $18,966 $1,750,200 $707,600 $1,042,600
2021 $14,489 $1,045,400 $442,900 $602,500
2020 $13,623 $964,300 $501,200 $463,100
2019 $12,300 $867,900 $459,300 $408,600
2018 $11,187 $781,900 $415,500 $366,400
2017 $11,689 $807,900 $415,500 $392,400
2016 $11,256 $796,500 $447,500 $349,000
2015 $10,474 $708,600 $353,800 $354,800
2014 $9,302 $560,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Thomas Cail

    Seller's Agent in 2022

    Thomas Cail

    RE/MAX

    (941) 780-2245

    17 in this area

    58 Total Sales

    Thomas Cail
    Section Image
  • Jason Grande

    Seller Co-Listing Agent in 2022

    Jason Grande

    RE/MAX

    (941) 954-5454

    13 in this area

    50 Total Sales

    Jason Grande
    Section Image
  • Toni Zarghami

    Buyer's Agent in 2022

    Toni Zarghami

    KW COASTAL LIVING III

    (941) 356-5076

    14 in this area

    1,081 Total Sales

    Toni Zarghami
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4493219

Stellar MLS

APN: 0108-17-0043

Florida Sarasota County Sarasota 34242

6905 Point of Rocks Rd, Sarasota, FL

This home is located at 6905 Point of Rocks Rd, Sarasota, FL 34242 since 09 March 2021 and is currently estimated at $3,219,814, approximately $912 per square foot. This property was built in 1993. 6905 Point of Rocks Rd is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS 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.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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