NOT LISTED FOR SALE

701 Treasure Boat Way Sarasota, FL 34242

Estimated Value: $2,188,000 - $2,571,000

3 Beds
4 Baths
3,574 Sq Ft
$662/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $2,540,000 $711 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $14,565/month

138 Days on Market

Highlights

  • 96 Feet of Salt Water Canal Waterfront
  • Beach Access
  • Heated In Ground Pool
  • Phillippi Shores Elementary School Rated A
  • Boat Lift
  • Open Floorplan

About This Home

As of April 2024

Reimagined, redefined, returned to market, reduced in price and ready for its new owner, this lovely home sits on a quiet canal just off the more heavily trafficked Grand Canal of Siesta Key, world renowned for its award-winning white sand beaches. Newer and elevated for storm protection, the residence is equipped with a whole house Generac home generator & home security system. The welcoming design of the property starts with its circular paver brick driveway leading you through the double door entry past the study/den or office into the Great Room with soaring ceilings & wet bar and contiguous to the primary suite as well as the dining room, eat in kitchen with breakfast bar & leading out to the screened porch with outdoor kitchen, overlooking the pool and double boat lift. A dramatic curved staircase leads up to the two guest bedrooms, loft/office, TV/media/family room and second level screened porch with serene views of the pool and canal. This home truly has it ALL!

Last Agent to Sell the Property

Richard Perlman

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #0634863 Listed on: 11/27/2023

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Adnan Dedic

COMPASS FLORIDA LLC License #3359117

COMPASS FLORIDA LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,793

Year Built

  • Built in 2003

Lot Details

  • 9,557 Sq Ft Lot
  • 96 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • Southeast Facing Home
  • Mature Landscaping
  • Level Lot
  • Irrigation
  • Landscaped with Trees
  • Property is zoned RSF2

Parking

  • 3 Car Attached Garage
  • Split Garage
  • Ground Level Parking
  • Garage Door Opener
  • Circular Driveway
  • Guest Parking

Home Design

  • Florida Architecture
  • Elevated Home
  • Slab Foundation
  • Stem Wall Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,574 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Family Room
  • Separate Formal Living Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Loft
  • Bonus Room
  • Canal Views
  • Security System Owned

Kitchen

  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Whole House Water Purification

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Pool is Self Cleaning
  • Pool Deck
  • Outdoor Shower
  • Pool Sweep
  • Auto Pool Cleaner
  • Pool Lighting

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • Access to Saltwater Canal
  • Davits
  • Seawall
  • Boat Lift
  • Open Dock
  • Dock made with Composite Material
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Power Generator
  • Electric Water Heater
  • Water Softener
  • 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

$24,793

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Elevated, Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3574
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 5007
  • Lot Size Sq Ft: 9557
  • Directions to Property: US 41 south to west on Siesta Drive, follow as the road changes to Higel. At roundabout stay straight on Higel to left on Treasure Boat Way. Home is on the left.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 710.69
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Property Description: Elevated
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Composite,Dock - Open
  • MFR_DockYN: 1
  • Attribution Contact: 941-383-7591
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood, Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, High Ceilings, Primary Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer, Water Softener
  • Foundation Details: Slab, Stem Wall
  • Total Bedrooms: 3
  • Levels: Two
  • Other Equipment: Generator
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Window Treatments
  • Street Number Modifier: 701
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Breakfast Room Separate,Den/Library/Office,Family Room,Formal Dining Room Separate,Formal Living Room Separate,Loft
  • Living Area Meters: 332.04
  • Room Count: 10

Exterior Features

  • Direction Faces: Southeast
  • Pool Features: Auto Cleaner, Deck, Gunite, Heated, In Ground, Lighting, Pool Sweep, Self Cleaning
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Rear Porch, Screened
  • Road Surface Type: Asphalt
  • Disclosures: Other Disclosures, Seller Property Disclosure
  • Water Access: Bay/Harbor,Beach,Canal - Saltwater,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Davits,Lift,Seawall - Concrete
  • Water Extras YN: 1
  • Water Frontage Feet Canal Salt: 96
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 96
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0143F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Covered, Garage Door Opener, Ground Level, Guest, Split Garage

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Security System Owned
  • 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: 0081060026
  • Additional Parcels: No
  • Lot Features: In County, Level, Paved
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 888

Green Features

  • Green Water Conservation: Whole House Water Purification
  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: As per Sarasota Country Ordinance: Sarasota County and Siesta Key Overlay District (SKOD) regulations dictate that property in a Residential Single Family(RSF) district cannot be rented more frequently than every 30 days.

Tax Info

  • Tax Annual Amount: 24792.68
  • Tax Book Number: 18-19
  • Tax Lot: 26

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2025
Sold by
Gehrlein Andrew P and Gehrlein Jennifer L
Bought by
Jennifer Lyn Gehrlein Declaration Of Trust and Gehrlein
Current Estimated Value
$2,364,371

Purchase Details

Listed on
Nov 27, 2023
Closed on
Apr 26, 2024
Sold by
Jagdfeld Aaron and Jagdfeld Christine
Bought by
Gehrlein Andrew P and Gehrlein Jennifer L
Seller's Agent
Richard Perlman
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Adnan Dedic
COMPASS FLORIDA LLC
List Price
$2,980,000
Sold Price
$2,540,000
Premium/Discount to List
-$440,000
-14.77%
Views
98

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.85%

Purchase Details

Listed on
Feb 6, 2012
Closed on
Jun 22, 2012
Sold by
Adami Gary J
Bought by
Jagdfeld Aaron and Jagdfeld Christine
Seller's Agent
Judie Berger
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Richard Perlman
MICHAEL SAUNDERS & COMPANY
List Price
$1,390,000
Sold Price
$1,390,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%

Purchase Details

Closed on
Feb 24, 2005
Sold by
Cristello Jessie and Cristello Gail
Bought by
Adami Gary J and Gary J Adami Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2002
Sold by
Stock Barton S
Bought by
Cristello Jessie and Cristello Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2001
Sold by
Wallace Henry S
Bought by
Strock Barton S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,500
Interest Rate
6.97%

Purchase Details

Closed on
Aug 31, 2001
Sold by
Robasota Real Est Ltd
Bought by
Wallace Henry S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,500
Interest Rate
6.97%

Purchase Details

Closed on
May 7, 2001
Sold by
Voghel Peter and Voghel Cheri
Bought by
Robasota Real Est Ltd

Purchase Details

Closed on
Oct 5, 1998
Sold by
Smith Walter S and Smith Nelda M
Bought by
Voghel Peter and Voghel Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
6.95%

Purchase Details

Closed on
Nov 1, 1993
Sold by
Rechter Herman H and Rechter Eileen
Bought by
Smith Walter S and Smith Nelda M
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
Jennifer Lyn Gehrlein Declaration Of Trust $100 None Listed On Document
Gehrlein Andrew P $2,540,000 None Listed On Document
Jagdfeld Aaron $1,390,000 Attorney
Adami Gary J $1,685,000 --
Cristello Jessie $553,000 --
Strock Barton S -- --
Wallace Henry S $545,000 --
Robasota Real Est Ltd $450,000 --
Voghel Peter $325,000 --
Smith Walter S $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adami Gary J $850,000
Previous Owner Cristello Jessie $225,000
Previous Owner Wallace Henry S $490,500
Previous Owner Voghel Peter $305,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2024 04/26/24 Sold $2,540,000 -8.6% $711 / Sq Ft
04/14/2024 04/14/24 Pending -- -- --
03/04/2024 03/04/24 Price Changed $2,780,000 -6.7% $778 / Sq Ft
11/27/2023 11/27/23 For Sale $2,980,000 +114.4% $834 / Sq Ft
06/22/2012 06/22/12 Sold $1,390,000 0.0% $389 / Sq Ft View Prior Sale
04/22/2012 04/22/12 Pending -- -- --
02/06/2012 02/06/12 For Sale $1,390,000 -- $389 / 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 $24,793 $1,788,251 -- --
2023 $24,793 $2,445,200 $947,200 $1,498,000
2022 $20,959 $1,931,700 $810,600 $1,121,100
2021 $17,343 $1,386,600 $597,700 $788,900
2020 $15,909 $1,221,400 $470,600 $750,800
2019 $16,174 $1,250,300 $525,100 $725,200
2018 $15,369 $1,184,900 $512,200 $672,700
2017 $14,959 $1,131,900 $412,100 $719,800
2016 $16,140 $1,201,800 $409,900 $791,900
2015 $15,975 $1,157,600 $487,400 $670,200
2014 $15,108 $1,058,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4589589

Stellar MLS

APN: 0081-06-0026