NOT LISTED FOR SALE

7150 N Tamiami Trail Unit C-218 Sarasota, FL 34243

Estimated Value: $96,000 - $105,000

1 Bed
1 Bath
348 Sq Ft
$600/mo HOA Fee

Last Sold October 08, 2024

Last sale price $104,000 $299 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,269/month

45 Days on Market

Highlights

  • Marina
  • Bar or Lounge
  • Clubhouse
  • Boat Dock
  • Fitness Center
  • Deck

About This Home

As of October 2024

WOW, WOW,WOW, condo/hotel in Sarasota, Ultimate Air BNB opportunity! Do you dream of cashing in on the AIR BNB or VBRO daily vacation rental cash machine but are held back by local rental restrictions and the high cost of waterfront properties? If you answered "yes, " then this is the CASH COW that you've been looking for. Rarely available, this turn-key second-floor unit includes an updated kitchenette with refrigerator, microwave , plenty of parking space, Your guests are welcome to use the swimming pool, exercise room, tiki bar, and waterfront restaurant. For boating, Sara Bay Marina offers rental docks. Owners can rent this condo by the day, week, month, or year. The condo fee is $600/month and includes ALL utilities (electric, water, Wi-Fi, cable)

Last Agent to Sell the Property

rolando benavides

Home-C International Realty LLC License #3277123 Listed on: 07/26/2024

Last Buyer's Agent

Salesperson Non Member

Non-MLS Member License #SEF

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,477

Year Built

  • Built in 1959

Lot Details

  • End Unit

HOA Fees

  • $600 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Entry on the 2nd floor

Interior Spaces

  • 348 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Garden Views
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • Studio bedroom
  • 1 Full Bathroom

Home Security

Parking

  • 2 Car Parking Spaces
  • Open Parking

Outdoor Features

  • Courtyard
  • Deck
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 6697103159

Community Details

Overview

  • Ramada Condos
  • Sarasota Cay Club Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Business Center
  • Bar or Lounge

Recreation

  • Boat Dock
  • Marina
  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed: No
  • Breed Restrictions

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,477

Year Built

Built in 1959

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: SARASOTA CAY CLUB CONDO
  • Year Built Details: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Refrigerator
  • Interior Amenities: Second Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Other
  • Furnished: Furnished, Unfurnished, Turn Key Furnished
  • Living Area: 348
  • Possible Use: Investment
  • Stories: 2
  • Bedroom Features: Studio

Exterior Features

  • View: Garden View
  • Exterior Features: Courtyard
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: RAMADA
  • Open Parking: Yes
  • Parking Features: 2 Or More Spaces, Open

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes
  • Security: Smoke Detector, No Burglar Alarm

Condo/Co-op/Association

  • Association Fee: 600
  • Amenities: Bar, Barbecue, Boat Dock, Business Center, Child Play Area, Clubhouse-Clubroom, Exercise Room, Exterior Lighting, Marina, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 6697103159
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1477

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Oct 8, 2024
Sold by
Avatar Investment Group Llc
Bought by
For Seas Investments Llc
Seller's Agent
rolando benavides
Home-C International Realty LLC
Buyer's Agent
Salesperson Non Member
Non-MLS Member
List Price
$115,000
Sold Price
$104,000
Premium/Discount to List
-$11,000
-9.57%
Views
19
Current Estimated Value
$99,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,858
Avg. Annual Appreciation
-4.41%

Purchase Details

Listed on
Sep 1, 2021
Closed on
Mar 9, 2022
Sold by
Lee Mcfadden Taylor
Bought by
Avatar Investment Group Llc
Seller's Agent
Taylor McFadden
COLDWELL BANKER REALTY
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$120,000
Sold Price
$100,000
Premium/Discount to List
-$20,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.53%

Purchase Details

Closed on
Jun 4, 2021
Sold by
2416 Property Holdings Llc
Bought by
Mcfadden Taylor

Purchase Details

Closed on
Jul 20, 2020
Sold by
Zheng Cui Bin
Bought by
Property Holdings Llc

Purchase Details

Closed on
Mar 12, 2015
Sold by
Dong Yong Cheng
Bought by
Zheng Cui Bin

Purchase Details

Closed on
Jan 27, 2006
Sold by
Dc705 Jv Llc
Bought by
Dong Yong Cheng
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
For Seas Investments Llc $728 Barnes Walker Title
Avatar Investment Group Llc $100,000 New Title Company Name
Mcfadden Taylor $60,000 Clear Title Group
Property Holdings Llc $45,000 Attorney
Zheng Cui Bin -- None Available
Dong Yong Cheng $77,700 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2024 10/08/24 Sold $104,000 -9.6% $299 / Sq Ft
09/12/2024 09/12/24 Pending -- -- --
07/29/2024 07/29/24 For Sale $115,000 +15.0% $330 / Sq Ft
03/10/2022 03/10/22 Sold $100,000 0.0% $287 / Sq Ft View Prior Sale
02/05/2022 02/05/22 Pending -- -- --
09/27/2021 09/27/21 Price Changed $100,000 -9.1% $287 / Sq Ft
09/23/2021 09/23/21 Price Changed $110,000 -8.3% $316 / Sq Ft
08/31/2021 08/31/21 For Sale $120,000 -- $345 / Sq Ft
Source: MIAMI REALTORS® 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 $1,767 $97,750 -- $97,750
2024 $1,767 $118,150 -- $118,150
2023 $1,477 $81,600 $0 $81,600
2022 $1,095 $56,700 $0 $56,700
2021 $619 $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 $500 $21,200 $0 $0
2016 $465 $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

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11630704

MIAMI REALTORS® MLS

APN: 66971-0315-9