NOT LISTED FOR SALE

MacArthur Beach Tower 700 Golden Beach Blvd Unit 131 Venice, FL 34285

Estimated Value: $560,818 - $665,000

2 Beds
2 Baths
1,075 Sq Ft
$603/mo HOA Fee

Last Sold November 29, 2022

Last sale price $670,000 $623 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $4,446/month

124 Days on Market

Highlights

  • 3,400 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Heated In Ground Pool
  • Venice Elementary School Rated A
  • Private Beach
  • Full Gulf or Ocean Views

About This Home

As of November 2022

The Sought after MacArthur Beach and Racquet Club which is situated directly on the Gulf Of Mexico with Tropical Gulf Breezes, Spectacular Waterviews and Sunsets! This special gated community is located on Venice Island and in the Golden Beach neighborhood which is close to downtown Venice. The community offers oceanside heated pool, tennis courts, library and meeting room. This lovely condo comes turnkey furnished with relaxing water views from the covered balcony. The open floor plan is wonderful for entertaining with a spacious fully applianced kitchen along with a stacked washer and dryer. The master bedroom has sliders to the balcony, full bath and walk-in closet. There is a second bedroom situated privately with a walk-in closet and a main bath near by. There is a private storage unit for your bikes and beach chairs. This community allows two pets (a rare find) each 20 pds max. The rental income is great and can be leased 12 times a year, 30 day minimum. A wonderful winter get away or full time residence along with a great investment property!

Last Agent to Sell the Property

Maurice Richardson

COLDWELL BANKER REALTY License #3368019 Listed on: 05/15/2022

COLDWELL BANKER REALTY

Co-Listed By

Barbara Burton Richardson

COLDWELL BANKER REALTY License #3368028

Last Buyer's Agent

Darrin Campbell

COMPASS FLORIDA LLC License #3364533

COMPASS FLORIDA LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,027

Year Built

  • Built in 1976

Lot Details

  • 3,400 Feet of Waterfront
  • Property fronts gulf or ocean
  • Private Beach
  • East Facing Home
  • Condo Land Included

HOA Fees

  • $603 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Block Exterior
  • Pile Dwellings

Interior Spaces

  • 1,075 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Vinyl Flooring
  • Full Gulf or Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Covered Parking
  • Common or Shared Parking

Pool

  • Heated In Ground Pool
  • Pool Deck
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, trash, water
  • Sunstate Management Association, Phone Number (941) 870-4920
  • Macarthur Beach Community
  • Macarthur Beach Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets up to 20 lbs
  • 2 Pets Allowed

Additional Features

  • Community Storage Space
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,027

Year Built

Built in 1976

Lot Details

0

HOA Fees

$603 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1075
  • New Construction: No
  • Year Built: 1976
  • Directions to Property: Harbor Drive S to Villas. At end of road take gate to the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6121274?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6121274?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98544
  • Price per Sq Ft: 623.26
  • Close to Original List Price Ratio: 0.93068
  • View: Yes
  • Co List Office Mls Id: 284509013
  • Co List Office Phone: 941-493-1000
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 700
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Pool Features: Deck, Heated, In Ground, Lighting
  • Exterior Features: Balcony, Sliding Doors, Tennis Court(s)
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered
  • Road Surface Type: Asphalt
  • Water View: Gulf/Ocean - Full
  • Water Access: Beach - Private, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 3400
  • Water Frontage Feet Beach Prvt: 200
  • Water Frontage Feet Gulf Ocean: 3200
  • Disclosures: Condominium Disclosure Available, Lead Paint

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Common, Covered, Guest
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Gated Community, Pool, Tennis Courts, Waterfront
  • Association Amenities: Gated, Pool, Storage, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association Name: Sunstate Management
  • Phone: 941-870-4920
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 1810
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 603
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7240
  • Total Monthly Fees: 603.33

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0177151028
  • Additional Parcels: No
  • Flood Zone Code: VE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 20
  • Minimum Lease: 1 Month
  • Approval Process: Refer to Condo Docs
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Refer to Condo Docs

Tax Info

  • Tax Annual Amount: 4027.07
  • Tax Book Number: 7-37
  • Tax Lot: 131

Multi Family

  • Waterfront Features: Beach - Private, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2022
Closed on
Nov 29, 2022
Sold by
700 Golden Beach Llc
Bought by
Russillo Teresa
Seller's Agent
Maurice Richardson
COLDWELL BANKER REALTY
Buyer's Agent
Darrin Campbell
COMPASS FLORIDA LLC
List Price
$719,900
Sold Price
$670,000
Premium/Discount to List
-$49,900
-6.93%
Views
4
Current Estimated Value
$593,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$76,545
Avg. Annual Appreciation
-4.36%
Original Mortgage
$469,000
Outstanding Balance
$455,394
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$138,062

Purchase Details

Closed on
Nov 20, 2015
Sold by
Wilemski Michael and Wilemski Patricia
Bought by
700 Golden Beach Llc

Purchase Details

Closed on
Sep 15, 2015
Sold by
Heims Andrew P and Heims Kathy A
Bought by
Wilemski Patricia and Wilemski Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2007
Sold by
Dorsey Thomas J and Dorsey Cynthia A
Bought by
Heims Andrew P and Heims Kathy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 1996
Sold by
Vance Robert W and Vance Miriam M
Bought by
Dorsey Thomas J and Dorsey Cynthia A
Source: Public Records

Range of Values:

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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
Russillo Teresa $670,000 Mti Title
700 Golden Beach Llc $199,200 Attorney
Wilemski Patricia $370,000 Msc Title Inc
Heims Andrew P $375,000 Riddelltitle & Escrow Llc
Dorsey Thomas J $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russillo Teresa $469,000
Previous Owner Wilemski Patricia $200,000
Previous Owner Heims Andrew P $175,000
Previous Owner Heims Andrew P $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2022 11/29/22 Sold $670,000 -1.5% $623 / Sq Ft
09/17/2022 09/17/22 Pending -- -- --
07/19/2022 07/19/22 Price Changed $679,900 -2.2% $632 / Sq Ft
05/25/2022 05/25/22 Price Changed $695,000 -3.5% $647 / Sq Ft
05/15/2022 05/15/22 For Sale $719,900 -- $670 / 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 $7,309 $459,100 -- $459,100
2023 $7,309 $480,400 $0 $480,400
2022 $4,895 $368,100 $0 $368,100
2021 $4,027 $245,300 $0 $245,300
2020 $3,793 $226,600 $0 $226,600
2019 $3,870 $231,500 $0 $231,500
2018 $4,511 $273,400 $0 $273,400
2017 $4,093 $241,700 $0 $241,700
2016 $4,882 $292,800 $0 $292,800
2015 $3,960 $254,500 $0 $254,500
2014 $3,794 $187,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6121274

Stellar MLS

APN: 0177-15-1028