NOT LISTED FOR SALE

Estimated Value: $483,159 - $530,000

1 Bed
1 Bath
637 Sq Ft
$809/mo HOA Fee

Last Sold August 28, 2024

Last sale price $515,000 $808 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,005/month

196 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Recycled or Composite Flooring
  • Elevator
  • Phillippi Shores Elementary School Rated A
  • Solid Surface Countertops
  • 1-minute walk to Siesta Key Playground

About This Home

As of August 2024

Situated directly across from Siesta Key Beach, this one bedroom condo is the perfect getaway. With brand new flooring and updated bath, this charming condo sleeps 4, and has great rental income. Being sold turn key furnished, all you need are flip flops and a bathing suit! This complex is within a short distance to the Siesta Key village, with all of the cute shops and cool restaurants and bars. Not only a good investment, but a great place to come and fall in love with Siesta Key.

Last Listed By

Karen Chandler

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #0610388 Listed on: 12/12/2023

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,494

Year Built

  • Built in 1969

Lot Details

  • Property fronts gulf or ocean
  • West Facing Home

HOA Fees

  • $809 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 637 Sq Ft Home
  • 4-Story Property
  • Blinds
  • Combination Dining and Living Room
  • Recycled or Composite Flooring
  • Full Gulf or Ocean Views

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • 1 Parking Garage Space

Outdoor Features

  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance, management, sewer, trash, water
  • Tropical Sands Association
  • Mid-Rise Condominium
  • Sunset Royale Community
  • Sunset Royale Subdivision

Amenities

  • Laundry Facilities
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,494

Year Built

Built in 1969

Lot Details

0

HOA Fees

$809 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 637
  • New Construction: No
  • Year Built: 1969
  • Building Area Total: 787
  • Lot Size Sq Ft: 787
  • Directions to Property: Beach Rd to Sunset Royale. parking behind building.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 0
  • Escrow City: Sarasota
  • Escrow Postal Code: 34242
  • Escrow State: FL
  • Escrow Street Name: Ocean Blvd
  • Escrow Street Number: 5100
  • Floor Number: 2
  • List Office Head Office Key Nume: 1046728
  • RATIO Current Price By Calculate: 808.48
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • Property Description: Mid Rise
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-349-3444
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Recycled/Composite Flooring
  • Full Bathrooms: 1
  • Interior Amenities: Living Room/Dining Room Combo, Solid Surface Counters, Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Spa Yn: No
  • Stories: 4
  • Window Features: Blinds
  • Street Number Modifier: 711
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 59.18
  • Room Count: 4

Exterior Features

  • Direction Faces: West
  • Exterior Features: Outdoor Grill
  • Roof: Tile
  • Pool Private: No
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0143F

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered, Guest

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Amenities: Elevator(s), Laundry
  • Association Fee Frequency: Monthly
  • Association Name: Tropical Sands
  • Phone: Valerie Porter
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Building Name Number: SUNSET ROYALE
  • Condo Fees: 809
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 809
  • Management: On Site Property Manager

Fee Information

  • Total Annual Fees: 9708.00
  • Total Monthly Fees: 809.00

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0107031012
  • Additional Parcels: No
  • Flood Zone Code: VE
  • Homestead YN: 0
  • Lot Size Square Meters: 73
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Additional Lease Restrictions: NA
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 4494
  • Tax Book Number: 1004-1473
  • Tax Lot: NA

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2023
Closed on
Aug 28, 2024
Sold by
Alex S Llc
Bought by
4E Properties Llc
Seller's Agent
Karen Chandler
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Oday Marogi
KELLER WILLIAMS ON THE WATER S
List Price
$550,000
Sold Price
$515,000
Premium/Discount to List
-$35,000
-6.36%
Total Days on Market
196
Views
107
Current Estimated Value
$508,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,210
Avg. Annual Appreciation
-1.77%
Original Mortgage
$386,250
Outstanding Balance
$384,575
Interest Rate
6.77%
Mortgage Type
Credit Line Revolving
Estimated Equity
$124,215

Purchase Details

Closed on
Apr 4, 2016
Sold by
Motes Loretta L and Motes Marvin E
Bought by
Alex S Llc

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 Buyer Sale Price Title Company
4E Properties Llc $515,000 None Listed On Document
Alex S Llc $378,000 Msc Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4E Properties Llc $386,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2024 08/28/24 Sold $515,000 -6.4% $808 / Sq Ft
06/27/2024 06/27/24 For Sale $550,000 +6.8% $863 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
06/03/2024 06/03/24 Off Market $515,000 -- --
02/08/2024 02/08/24 Price Changed $550,000 -5.2% $863 / Sq Ft
12/12/2023 12/12/23 For Sale $579,900 -- $910 / 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 $4,494 $351,384 -- --
2023 $4,494 $386,100 $0 $386,100
2022 $4,218 $359,200 $0 $359,200
2021 $3,576 $264,000 $0 $264,000
2020 $3,586 $260,100 $0 $260,100
2019 $4,261 $317,800 $0 $317,800
2018 $3,999 $297,800 $0 $297,800
2017 $4,065 $297,800 $0 $297,800
2016 $3,835 $291,400 $0 $291,400
2015 $3,307 $226,300 $0 $226,300
2014 $3,480 $216,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Stellar MLS

MLS Number: A4591742

Stellar MLS

APN: 0107-03-1012