NOT LISTED FOR SALE

7150 N Tamiami Trail Unit C-126 Sarasota, FL 34243

Estimated Value: $104,000 - $107,000

1 Bed
1 Bath
348 Sq Ft
$484/mo HOA Fee

Last Sold June 19, 2021

Last sale price $85,000 $244 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,171/month

402 Days on Market

Highlights

  • Boat Dock
  • Fitness Center
  • Garden View
  • Water access To Gulf or Ocean
  • Fishing
  • Community Pool

About This Home

As of June 2021

This is a privately owned hotel style unit that is located within the Ramada Sarasota building. This is a first floor unit that has been completely
Remodeled and upgraded. Sale includes all furniture, appliances and 55" 4k TV. This unit is located inside of a waterfront property with direct
access to the Gulf waters. Amenities include a newly remodeled waterfront restaurant/tiki-bar on-site (Tarpon Bay Grill and Tiki-Bar), heated
pool,, gym, roaming security, community laundry and common areas. Cable/internet/electric/water are all included in the monthly condo fee. Attention investors, this is a cash cow as it can be rented on a nightly basis. Similar unit in building is noted as grossing $26,000/year when rented on a nightly basis! Current long-term tenant has been there for over 2 years @ $1,100/month. Tenant is moving out on or before 05/31, and I will show the property once it is vacant. Use this as an investment property, a permanent residence or a just
vacation home that can make you money when you are not using it. Live the RESORT LIFE! Head out in your boat for some great fishing or
beach time, come back, have dinner and a drink at the waterfront tiki-bar/restaurant, take a dip in the waterfront pool and then go back to your
beautifully remodeled unit to shower/relax/sleep and do it all over again! Located about 5 minutes from Sarasota Airport/Ringling Museum of
Art, about 15 minutes from IMG Academy, and about 20 minutes from beautiful beaches.

Last Agent to Sell the Property

Jack Keller

JACK KELLER INC License #127800 Listed on: 04/22/2020

JACK KELLER INC

Last Buyer's Agent

Adriana Sipe

License #3338810

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $585

Year Built

  • Built in 1959

Lot Details

  • East Facing Home
  • Land Lease expires 4/25/19

HOA Fees

  • $484 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 348 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Drapes & Rods
  • Vinyl Flooring
  • Garden Views
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Marina
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Fiber Optics Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, electricity, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, recreational facilities, security, sewer, trash, water
  • Sarasota Cay Club Condo Or2078/2292 Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities

Recreation

  • Boat Dock
  • Fitness Center
  • Community Pool
  • Fishing

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$585

Year Built

Built in 1959

Lot Details

0

HOA Fees

$484 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Electricity, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condo - Hotel
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 348
  • New Construction: No
  • Year Built: 1959
  • Building Area Total: 348
  • Directions to Property: From Sarasota-Bradenton airport. Head north on Tamiami Trail. Ramada building is located on the west side of Tamiami trail within 3 miles of the airport
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8082337?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8082337?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Subdivision Num: 6697100
  • Ratio: Close Price\List Price: 1.0625
  • Price per Sq Ft: 244.25
  • Close to Original List Price Ratio: 0.85001
  • Ratio: Current Price\Building Area Total: 244.25
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: Appraiser
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Window Treatments
  • Appliances Included: Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 2
  • Window Features: Blinds, Drapes, Window Treatments
  • Street Number Modifier: 7150
  • Room Count: 3
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Direction Faces: East
  • Exterior Features: Lighting
  • Roof: Metal
  • Pool Private: No
  • View: Garden
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Access: Bay/Harbor, Gulf/Ocean, Marina
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0312E

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fiber Optics, Phone Available, Sewer Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fishing, Fitness, Pool, Sidewalk
  • Association Amenities: Cable TV, Boat Dock, Fitness Center, Laundry, Maintenance, Pool
  • Association: No
  • Security: Fire Alarm, Key Card Entry, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 484
  • Condo Fees Term: Monthly
  • Monthly Condo Fee Amount: 484
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 5808
  • Total Monthly Fees: 484

Lot Info

  • Zoning: PD-MU
  • Parcel Number: 6697101859
  • Additional Parcels: No
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • Zoning Compatible Y N: Yes
  • Land Lease Expiration Date: 2019-04-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Approval Process: No Lease Restrictions. This is a Hotel/Condo and this unit can function/be leased like a hotel unit.
  • Lease Restrictions Y N: No
  • Currency Monthly Rent Amt: 1100
  • Month To Month Or Weekly Y N: Yes
  • Additional Lease Restrictions: 0

Tax Info

  • Tax Annual Amount: 584.74
  • Tax Block: 0
  • Tax Book Number: 2078-2292
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2024
Sold by
Wu Yi Emily
Bought by
Pdy Realty Llc
Current Estimated Value
$105,310

Purchase Details

Listed on
Apr 22, 2020
Closed on
Jun 19, 2021
Sold by
Herringbone Llc
Bought by
Wu Yi Emily
Seller's Agent
Jack Keller
JACK KELLER INC
Buyer's Agent
Adriana Sipe
List Price
$80,000
Sold Price
$85,000
Premium/Discount to List
$5,000
6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%

Purchase Details

Closed on
Jul 12, 2017
Sold by
Mehlos Loh and Mehlos Debra
Bought by
Herringhone Llc

Purchase Details

Closed on
Apr 10, 2014
Sold by
Mehlos Lon
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jul 19, 2007
Sold by
Dc705 Jv Llc
Bought by
Mehlos Lon and Mehlos Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,119
Interest Rate
8.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 5, 2005
Sold by
S Bay Development Llc
Bought by
Dc705 Jv Llc
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
Pdy Realty Llc $100 None Listed On Document
Wu Yi Emily $85,000 Stewart Title Company
Herringhone Llc $21,200 Omega Land Title Llc
Jpmorgan Chase Bank National Association -- Attorney
Mehlos Lon $235,200 Attorney
Dc705 Jv Llc $121,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mehlos Lon $188,119
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2021 06/19/21 Sold $85,000 +6.3% $244 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $80,000 0.0% $230 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
07/10/2020 07/10/20 Price Changed $80,000 -11.1% $230 / Sq Ft
05/19/2020 05/19/20 Price Changed $89,999 -10.0% $259 / Sq Ft
04/22/2020 04/22/20 For Sale $99,999 -- $287 / 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
2025 $1,590 $75,468 -- --
2024 $1,590 $118,150 -- $118,150
2023 $1,312 $81,600 $0 $81,600
2022 $1,095 $56,700 $0 $56,700
2021 $588 $27,000 $0 $27,000
2020 $585 $27,000 $0 $27,000
2019 $562 $27,000 $0 $27,000
2018 $471 $17,500 $0 $0
2017 $372 $21,200 $0 $0
2016 $348 $18,500 $0 $0
2015 $234 $13,500 $0 $0
2014 $234 $4,801 $0 $0
2013 $221 $4,001 $1 $4,000
Source: Public Records

Agents Affiliated with this Home

  • Jack Keller

    Seller's Agent in 2021

    Jack Keller

    JACK KELLER INC

    (727) 586-1497

    6 in this area

    1,208 Total Sales

    Jack Keller
    Section Image

  • A

    Buyer's Agent in 2021

    Adriana Sipe

    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: U8082337

Stellar MLS

APN: 66971-0185-9

Florida Manatee County Sarasota 34243

7150 N Tamiami Trail Unit C-126, Sarasota, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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