NOT LISTED FOR SALE

711 Mangrove Point Rd Sarasota, FL 34242

Estimated Value: $4,495,000 - $6,532,641

4 Beds
6 Baths
5,752 Sq Ft
$960/Sq Ft Est. Value

Last Sold August 03, 2020

Last sale price $3,665,000 $637 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $34,010/month

266 Days on Market

Highlights

  • 160 Feet of Waterfront
  • White Water Ocean Views
  • Heated Spa
  • Phillippi Shores Elementary School Rated A
  • Private Beach
  • 1.49 Acre Lot

About This Home

As of August 2020

NEW PRICE! Poised on the secluded and coveted South Cocoanut Bayou on the bayside of Siesta Key, this one-and-a-half-acre estate offers 160’ of direct waterfront splendor. With serene bayou views, the four-bedroom home creates warm environments of seaside elegance coupled with spectacular outdoor areas and a lifestyle dedicated to boating and nautical enjoyment. Soaring ceilings, white oak floors, pecky cypress ceiling and wall details, three fireplaces, and a kaleidoscope of natural light create hallmarks of coastal style. The professional-grade kitchen is paired with broad water vistas and features center island, quartz surfaces, stainless steel appliances, double sinks, and gas cooktop. Dine in the eat-in kitchen, covered outdoor lanai, or formal dining room with tray ceiling, chandelier, and stylish décor for any festive occasion. An office features cherry wood built-ins. The master suite embodies coastal elegance with built-in entertainment center, fireplace, and spacious master bath with soaking tub, walk-in shower, dual vanities, and high ceilings. Three additional bedroom suites provide privacy for all while an upstairs bonus room adds to the private spaces. A wealth of outdoor rooms, including summer kitchen, covered lanai, sundeck, porches, and terraces embrace the Florida lifestyle. Relax in the sparkling pool and spa. A dock with lift accommodates larger watercrafts and open miles of sparkling waterways. Private beach access for spectacular sunsets!

Last Agent to Sell the Property

Lenore Treiman

MICHAEL SAUNDERS & COMPANY License #0511583 Listed on: 10/03/2019

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Jennifer Linehan

MICHAEL SAUNDERS & COMPANY License #3202428

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,682

Year Built

  • Built in 2004

Lot Details

  • 1.49 Acre Lot
  • 160 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Property fronts a bayou
  • Private Beach
  • South Facing Home
  • Mature Landscaping
  • Well Sprinkler System
  • Property is zoned RE2

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Pad
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Open Parking

Property Views

  • White Water Ocean
  • Bayou

Home Design

  • Slab Foundation
  • Stem Wall Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 5,752 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Sliding Doors
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Heated Spa
  • Saltwater Pool
  • Child Gate Fence
  • Pool Lighting

Outdoor Features

  • Access To Bayou
  • Deeded access to the beach
  • Access to Bay or Harbor
  • Dock made with Composite Material
  • Deck
  • Covered patio or porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Rain Gutters

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

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

Utilities

  • Humidity Control
  • Forced Air Zoned Heating and Cooling System
  • Propane
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include private road
  • $21 Other Monthly Fees
  • David Kirk Association, Phone Number (941) 921-5393
  • South Cocoanut Bayou Community
  • South Cocoanut Bayou Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,682

Year Built

Built in 2004

Lot Details

0

HOA Fees

$67 per month

Parking

3

Listing Details

  • HOA Fee Includes: Private Road
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Other
  • Fireplace: Yes
  • Living Area: 5752
  • Lot Size Acres: 1.49
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 7835
  • Lot Size Sq Ft: 64808
  • Directions to Property: Siesta Drive over the bridge, left at Midnight Pass, left on Mangrove Point, 1st house on the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4447637?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4447637?w=Customer
  • Floor Number: 2
  • Homestead Y N: Yes
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Other Fees Amount: 250
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.91694
  • Price per Sq Ft: 637.17
  • Close to Original List Price Ratio: 0.82564
  • Ratio: Current Price\Building Area Total: 467.77
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Brick/Stone, Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Interior Amenities: Built in Features, Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab, Stem Wall
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Thermal Windows, Window Treatments
  • Street Number Modifier: 711
  • Room Count: 11
  • Additional Rooms: Bonus Room, Den/Library/Office, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Pool Features: Child Safety Fence, Heated, Lighting, Salt Water
  • Exterior Features: Hurricane Shutters, Lighting, Outdoor Kitchen, Rain Gutters, Sliding Doors
  • Roof: Metal
  • Pool Private: Yes
  • View: Water
  • Water Body Name: Cocoanut Bayou
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Front Porch, Patio
  • Water View: Bay/Harbor - Full, Bayou
  • Water Access: Bay/Harbor, Bayou, Beach - Access Deeded, Beach - Private
  • Water Extras: Dock - Composite
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0141F
  • Waterfront Frontage: 160
  • Water Frontage Feet Bayou: 160
  • Disclosures: HOA/PUD/Condo Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener, Garage Faces Side, Open, Parking Pad
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Propane, Public, Sprinkler Well
  • Cooling: Central Air, Humidity Control, Zoned
  • Heating: Central, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Water Access
  • Association Fee: 800
  • Association Fee Frequency: Annually
  • Association Name: David Kirk
  • Phone: 941-921-5393
  • Association: Yes
  • Security: Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Other Fees Term: Annual
  • Association Email: dkirk@pcmfla.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 1050
  • Monthly HOA Fee: 66.67
  • Total Monthly Fees: 87.5

Schools

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

Lot Info

  • Zoning: RE2
  • Parcel Number: 0079070005
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, In County
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Lease restrictions

Tax Info

  • Tax Annual Amount: 32681.67
  • Tax Book Number: 5-70
  • Tax Lot: 32

Multi Family

  • Waterfront Features: Bay/Harbor, Bayou

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2019
Closed on
Aug 3, 2020
Sold by
Herzoff James A and Herzoff Deborah Marshall
Bought by
Bargar Alfred W and Bargar Sherry A
Seller's Agent
Lenore Treiman
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Jennifer Linehan
MICHAEL SAUNDERS & COMPANY
List Price
$4,439,000
Sold Price
$3,665,000
Premium/Discount to List
-$774,000
-17.44%
Current Estimated Value
$5,519,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,854,410
Avg. Annual Appreciation
8.27%
Original Mortgage
$500,000
Outstanding Balance
$448,277
Interest Rate
3.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
$4,987,232

Purchase Details

Listed on
May 4, 2011
Closed on
May 8, 2012
Sold by
Rutledge James C
Bought by
Herzoff James A and Herzoff Deborah Marshall
Seller's Agent
Kim Ogilvie
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Lenore Treiman
MICHAEL SAUNDERS & COMPANY
List Price
$2,850,000
Sold Price
$2,850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.10%

Purchase Details

Closed on
Nov 25, 2002
Sold by
Simmons Amanda R
Bought by
Rutledge James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.3%

Purchase Details

Closed on
Aug 23, 2002
Sold by
Simmons Amanda R
Bought by
Simmons Amanda R

Purchase Details

Closed on
Feb 23, 2000
Sold by
Simmons Amanda R
Bought by
Simmons Amanda R

Purchase Details

Closed on
Nov 29, 1999
Sold by
Simmons Amanda R
Bought by
Simmons Amanda R

Purchase Details

Closed on
Apr 6, 1994
Sold by
Rutledge John B and Rutledge Margaret K
Bought by
Rutledge John B
Source: Public Records

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
Bargar Alfred W $3,665,000 None Available
Herzoff James A $2,850,000 Attorney
Rutledge James C $850,000 --
Simmons Amanda R -- --
Rutledge James C -- --
Rutledge James C -- --
Simmons Amanda R -- --
Simmons Amanda R -- --
Simmons Amanda R -- --
Rutledge John B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herzoff James A $500,000
Previous Owner Herzoff James A $1,000,000
Previous Owner Rutledge James C $952,000
Previous Owner Rutledge James C $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2020 08/03/20 Sold $3,665,000 -8.3% $637 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
01/21/2020 01/21/20 Price Changed $3,997,000 -10.0% $695 / Sq Ft
10/03/2019 10/03/19 For Sale $4,439,000 +55.8% $772 / Sq Ft
05/08/2012 05/08/12 Sold $2,850,000 0.0% $495 / Sq Ft
03/29/2012 03/29/12 Pending -- -- --
05/04/2011 05/04/11 For Sale $2,850,000 -- $495 / 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 $40,467 $3,529,068 -- --
2023 $40,467 $3,426,280 $0 $0
2022 $39,096 $3,280,998 $0 $0
2021 $39,040 $3,165,144 $0 $0
2020 $33,585 $2,659,166 $0 $0
2019 $32,682 $2,599,380 $0 $0
2018 $32,132 $2,550,913 $0 $0
2017 $32,024 $2,498,446 $0 $0
2016 $32,017 $3,086,400 $1,884,600 $1,201,800
2015 $31,955 $3,096,300 $2,144,800 $951,500
2014 $31,856 $2,324,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4447637

Stellar MLS

APN: 0079-07-0005