NOT LISTED FOR SALE

7150 N Tamiami Trail Unit C-223 Sarasota, FL 34243

Estimated Value: $105,000 - $125,000

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

Last Sold July 20, 2022

Last sale price $145,000 $417 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $1,231/month

25 Days on Market

Highlights

  • 700 Feet of Waterfront
  • Marina View
  • Fitness Center
  • Boat Dock
  • Parking available for a boat
  • Heated In Ground Pool

About This Home

As of July 2022

ONLY WATERVIEW, SECOND FLOOR CONDO AVAILABLE..Just minutes from great shopping, museums, art galleries, restaurants, farmers markets, and other unique entertainment opportunities. This area is also well known for destination vacations with some of the best
beaches in the country, including Holmes Beach, Coquina Beach, Lido Beach, Longboat Key Beach, and Siesta
Key Beach. These condo residences are located within the ‘Ramada By Wyndham Sarasota Waterfront Resort’.
Each residence allows daily to short term rentals with no minimum leasing restrictions. Enjoy staying in the
newly updated units which are located inside a waterfront property with direct access to Gulf waters. Owners
are able enjoy the Ramada Hotel’s Resort Lifestyle with amenities that include a newly remodeled onsite
waterfront restaurant/tiki bar, ‘Tarpon Bay Grill and Tiki Bar’, heated waterfront pool, beach volleyball, fitness
room, roaming security, community laundry, and open common areas. The monthly Condo HOA fees include
all utilities (Electric, Water, Internet, Cable, Phone, Sewer and Trash, Exterior Maintenance, Interior Common
Areas) making your overhead expenses minimal and easy to budget. This rare income producing investment
opportunity allows you to enjoy all the amenities of beautiful Southwest Florida.

Last Agent to Sell the Property

Jesse Kelley

COLDWELL BANKER REALTY License #3430738 Listed on: 06/02/2022

COLDWELL BANKER REALTY

Co-Listed By

Dyrk Dahl

COLDWELL BANKER REALTY License #0676118

Last Buyer's Agent

Kevin Hall

CHAMPION REALTY SERVICES, LLC License #3178046

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $585

Year Built

  • Built in 1959

Lot Details

  • 700 Feet of Waterfront
  • 600 Feet of Fresh Water Canal Waterfront
  • 100 Feet of Marina Waterfront
  • East Facing Home
  • Mature Landscaping
  • Metered Sprinkler System
  • Landscaped with Trees

HOA Fees

Property Views

  • Marina
  • City
  • Canal

Home Design

  • Condo Hotel
  • Entry on the 2nd floor
  • Studio
  • Slab Foundation
  • Built-Up Roof
  • Concrete Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1 Full Bathroom
  • 348 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Bar Fridge
  • Drapes & Rods
  • Microwave
  • Laundry Room

Flooring

  • Tile
  • Vinyl

Home Security

Parking

  • Oversized Parking
  • Common or Shared Parking
  • Guest Parking
  • Open Parking
  • Parking available for a boat

Pool

  • Heated In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Access To Marina
  • Property is near a marina
  • Access to Freshwater Canal
  • First Come-First Served Dock
  • Seawall
  • Dock made with concrete
  • Open Dock
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 218
  • Assessor Parcel Number 66971-0340-9

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, electricity, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, pest control, recreational facilities, sewer, trash, water
  • Sarasota Cay Club Condo Association, Phone Number (941) 927-6464
  • Visit Association Website
  • Waterfront Community
  • Sarasota Cay Club Condo Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities

Recreation

  • Boat Dock
  • Recreation Facilities
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

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, Common Area Taxes, Pool, Electricity, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condo - Hotel
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 348
  • Lot Size Acres: 1.34
  • New Construction: No
  • Year Built: 1959
  • Building Area Total: 74.4
  • Lot Size Sq Ft: 58233
  • Status: Sold
  • Street Direction: N
  • Co List Office Mls Id: MFR281502380
  • Co List Office Phone: 941-366-8070
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Escrow City: Sarasota
  • Escrow State: FL
  • Escrow Street Name: S Tamiami Trail
  • Floor Number: 2
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 416.67
  • Total Acreage: 1 to less than 2
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Property Description: Studio/Efficiency
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Ninguno
  • Appliances Included: Bar Fridge, Microwave
  • Foundation Details: Slab
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Drapes
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 32.33

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated, In Ground, Salt Water
  • Exterior Features: Lighting, Sidewalk, Sprinkler Metered
  • Roof: Built-Up, Concrete
  • Home Warranty: No
  • Pool Private: No
  • View: City
  • Waterfront: Yes
  • Patio and Porch Features: Covered
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure
  • Water Access: Canal - Freshwater,Marina
  • Water Extras: Dock - Concrete,Dock - Open,Dock - Slip 1st Come,Seawall - Concrete
  • Water View: Canal,Marina
  • Water View YN: 1
  • Waterfront Feet Total: 700
  • Flood Zone Panel: 12081C0312E
  • Water Frontage Feet Marina: 100
  • Water Frontage Feet Canal Fresh: 600

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Boat, Common, Guest, Open, Oversized

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Wall Units / Window Unit
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fitness Center, Pool, Sidewalks, Water Access, Waterfront
  • Association Amenities: Cable TV, Dock, Fitness Center, Laundry, Maintenance, Pool, Recreation Facilities
  • Association Fee: 483
  • Association Fee Frequency: Monthly
  • Association Name: Sarasota Cay Club Condo
  • Phone: 941-927-6464
  • Association: Yes
  • Security: Fire Alarm, Fire Sprinkler System, Key Card Entry, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Condo Fees: 1
  • Condo Land Included YN: 0
  • Association Email: Sara Cay Club/wverdecia@argusmgmt.com
  • Monthly Condo Fee Amount: 1
  • Association URL: Argus/argusmgmt.com

Fee Information

  • Total Annual Fees: 5808.00
  • Total Monthly Fees: 484.00
  • Monthly HOA Amount: 483.00

Lot Info

  • Zoning: WR/AI/PD
  • Parcel Number: 66971-0340-9
  • Additional Parcels: No
  • Lot Features: Level, Near Marina, Sidewalk
  • Property Attached Yn: Yes
  • Flood Zone Code: AE

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: NA

Tax Info

  • Tax Annual Amount: 585
  • Tax Book Number: 2078-2292
  • Tax Lot: 218

Multi Family

  • Waterfront Features: Canal - Freshwater, Marina
  • Approval Process: The Property Management Company will be involved with ALL aspects of the approval process for each investor.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jul 20, 2022
Sold by
Kurt Shelbourne
Bought by
Olescyski Jaime
Seller's Agent
Jesse Kelley
COLDWELL BANKER REALTY
Buyer's Agent
Kevin Hall
CHAMPION REALTY SERVICES, LLC
List Price
$159,900
Sold Price
$145,000
Premium/Discount to List
-$14,900
-9.32%
Current Estimated Value
$114,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,866
Avg. Annual Appreciation
-7.06%

Purchase Details

Closed on
Dec 31, 2015
Sold by
Michie Rose
Bought by
Shelbourne Kurt T

Purchase Details

Closed on
Feb 3, 2006
Sold by
Dc705 Jv Llc
Bought by
Michie Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,800
Interest Rate
7.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Olescyski Jaime $145,000 Berlin Patten Ebling Pllc
Shelbourne Kurt T -- None Available
Michie Rose $286,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Michie Rose $228,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2022 07/20/22 Sold $145,000 -9.3% $417 / Sq Ft
06/02/2022 06/02/22 For Sale $159,900 0.0% $459 / Sq Ft
12/01/2020 12/01/20 Rented -- -- --
11/01/2020 11/01/20 Under Contract -- -- --
09/16/2020 09/16/20 For Rent -- -- --
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 $1,767 $97,750 -- $97,750
2024 $1,767 $118,150 -- $118,150
2023 $1,477 $81,600 $0 $81,600
2022 $827 $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 $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: Stellar MLS

MLS Number: A4537376

Stellar MLS

APN: 66971-0340-9