NOT LISTED FOR SALE

711 Beach Rd Unit 318 Sarasota, FL 34242

Estimated Value: $585,174 - $863,000

2 Beds
2 Baths
1,077 Sq Ft
$510/mo HOA Fee

Last Sold January 15, 2020

Last sale price $445,000 $413 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,848/month

281 Days on Market

Highlights

  • Partial Gulf or Ocean Views
  • Custom Home
  • Mature Landscaping
  • Phillippi Shores Elementary School Rated A
  • Stone Countertops
  • 1-minute walk to Siesta Key Playground

About This Home

As of January 2020

Soft white powdery sand and the crystal blue waters of the Gulf of Mexico are nearly at your doorstep in this 2-bedroom 2-bathroom condominium at Sunset Royale. Located directly across the street from world-famous Siesta Key beach, this residence is the perfect beach getaway or investment property. Partial Gulf views pop from the sitting area and the unique top floor location at the end of the L-shaped building provides wonderful privacy since there are no neighbors above or on either side of this unit. In addition, there is a reason why the community was named Sunset Royale – access to ever changing spectacular sunsets over the Gulf of Mexico. Wood cabinetry, granite countertops, stainless steel appliances, Saltillo tile floors, and comfortable turn-key furnishings are just some of the updates that make this residence special and move-in ready. The small community of just 34 units has recently undergone upgrades to the common areas including new entry gates, parking lot, and carports. Each residence comes with an assigned covered parking space and a storage locker. There is also a patio and grill area for residents and guests. Walk, bike or trolley to Siesta Key Village and enjoy all the shopping, restaurants and nightlife it has to offer. Great rental income potential with a weekly rental policy and on-site management company. Strong rental history.

Last Agent to Sell the Property

Joel Schemmel

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3060476 Listed on: 03/22/2019

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Dion Souza

SARABAY REAL ESTATE INC License #3304623

SARABAY REAL ESTATE INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,437

Year Built

  • Built in 1969

Lot Details

  • West Facing Home
  • Mature Landscaping

HOA Fees

  • $510 Monthly HOA Fees

Home Design

  • Custom Home
  • Florida Architecture
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,077 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Partial Bay or Harbor Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, insurance, maintenance structure, ground maintenance, manager, sewer, trash, water
  • Julie Trimpe / 941 356 4688 Association
  • Mid-Rise Condominium
  • Sunset Royale Community
  • Sunset Royale Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Elevator

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,437

Year Built

Built in 1969

Lot Details

0

HOA Fees

$510 per month

Listing Details

  • HOA Fee Includes: Cable TV, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom, Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1077
  • New Construction: No
  • Year Built: 1969
  • Building Area Total: 1077
  • Directions to Property: Beach Rd towards public beach. Sunset Royale is on corner of Avenida Del Mare and Beach Rd
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4430844&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4430844&cview=true&show_results=true&customer_portal=true
  • Floor Number: 3
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Mid Rise
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.89178
  • Price per Sq Ft: 413.18
  • Close to Original List Price Ratio: 0.84762
  • Ratio: Current Price\Building Area Total: 413.18
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 4
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 711
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Other, Sidewalk
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View: Gulf/Ocean - Partial
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0143F
  • Disclosures: Seller Property Disclosure

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Name: Julie Trimpe / 941-356-4688
  • Association: No
  • Senior Community: No
  • Condo Fees: 510
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 510
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 6120
  • Total Monthly Fees: 510

Schools

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

Lot Info

  • Parcel Number: 0107031030
  • Additional Parcels: No
  • Lot Features: In County
  • Flood Zone Code: VE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 1 Week
  • Approval Process: Application to association
  • Num Timesper Year: 52
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See condo docs

Tax Info

  • Tax Annual Amount: 4437
  • Tax Book Number: 1004-1473
  • Tax Lot: 318

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2019
Closed on
Jan 10, 2020
Sold by
Mccarthy Joseph Terrence and Mccarthy Jodi Sue
Bought by
Yee Paul
Seller's Agent
Joel Schemmel
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Dion Souza
SARABAY REAL ESTATE INC
List Price
$525,000
Sold Price
$445,000
Premium/Discount to List
-$80,000
-15.24%
Total Days on Market
281
Current Estimated Value
$721,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,294
Avg. Annual Appreciation
9.09%

Purchase Details

Listed on
Feb 4, 2013
Closed on
Sep 27, 2013
Sold by
Hampton Gregory L and Hampton Maria B
Bought by
Mccarthy Joseph Terrence and Mccarthy Jodi Sue
Seller's Agent
Robert Anderson Jr
RE/MAX ALLIANCE GROUP
Buyer's Agent
Janet Apple
List Price
$499,000
Sold Price
$434,500
Premium/Discount to List
-$64,500
-12.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.38%
Original Mortgage
$306,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 20, 2009
Sold by
Boesch Carol
Bought by
Hampton Gregory L and Hampton Marla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2004
Sold by
Butler Robert H and Boesch Carol
Bought by
Boesch Carol

Purchase Details

Closed on
May 17, 2000
Sold by
Butler Robert H and Butler Janet C
Bought by
Butler Robert H

Purchase Details

Closed on
Jan 26, 2000
Sold by
Butler Robert H and Butler Janet
Bought by
Butler Robert H and Butler Janet
Source: Public Records

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Range of Values:

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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
Yee Paul $445,000 Attorney
Mccarthy Joseph Terrence $434,500 Horizon Title
Hampton Gregory L $380,000 Alliance Group Title Llc
Boesch Carol -- --
Butler Robert H -- --
Butler Robert H -- --
Butler Robert H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccarthy Joseph Terrence $306,000
Previous Owner Hampton Gregory L $266,000
Previous Owner Boesch Carol $25,000
Previous Owner Boesch Jeff $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2020 01/15/20 Sold $445,000 -10.8% $413 / Sq Ft
12/28/2019 12/28/19 Pending -- -- --
08/21/2019 08/21/19 Price Changed $499,000 -5.0% $463 / Sq Ft
03/22/2019 03/22/19 For Sale $525,000 +20.8% $487 / Sq Ft
09/27/2013 09/27/13 Sold $434,500 -4.3% $403 / Sq Ft
08/16/2013 08/16/13 Pending -- -- --
03/11/2013 03/11/13 Price Changed $454,000 -9.0% $422 / Sq Ft
02/04/2013 02/04/13 For Sale $499,000 -- $463 / 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 $6,128 $470,775 -- --
2023 $6,128 $548,200 $0 $548,200
2022 $5,646 $500,000 $0 $500,000
2021 $4,678 $353,700 $0 $353,700
2020 $4,715 $350,000 $0 $350,000
2019 $5,130 $404,100 $0 $404,100
2018 $4,437 $332,300 $0 $332,300
2017 $4,511 $332,300 $0 $332,300
2016 $4,422 $325,100 $0 $325,100
2015 $4,048 $282,200 $0 $282,200
2014 $4,268 $269,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4430844

Stellar MLS

APN: 0107-03-1030