NOT LISTED FOR SALE

7150 N Tamiami Trail Unit N-303 Sarasota, FL 34243

Estimated Value: $121,000 - $137,807

-- Bed
1 Bath
360 Sq Ft
$520/mo HOA Fee

Last Sold May 30, 2023

Last sale price $169,500 $471 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $1,359/month

Highlights

  • Waterfront
  • Access To Marina
  • Heated In Ground Pool
  • Marina View
  • Fitness Center
  • Stone Countertops

About This Home

As of May 2023

Gorgeous waterfront condo available. This is a rare opportunity to own a waterfront, fully furnished/turnkey, first floor, 1 bedroom studio condo unit. This beautiful condo features a dry bar with solid wood cabinets and granite countertops. The unit has been fully renovated with tile floors throughout and tile bathroom. This amazing unit includes retro bar fridge and microwave, flat screen tv, custom drapery and all linens. Centrally located within minutes of Sarasota Bradenton International Airport, restaurants, museums, parks, area hospitals and the beautiful, world famous sugar sand beaches and turquoise waters of Florida's Gulf Coast. Each residence allowed to rent short or long term with no minimum leasing restrictions. Owners are able to utilize their condo as a vacation property throughout the year. The monthly Condo-Hotel HOA fees include all utilities (Electric, Water, Internet, Cable, Phone, Sewer and Trash, Pest Control, 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. Located within the Sarasota Cay Club Condominium Association, at the Ramada by Wyndham Sarasota. Can be rented year-round or enjoy the resort lifestyle yourself! Hotel amenities include waterfront restaurant and tiki bar, waterfront heated pool, guest laundry, fitness center, optional boat dockage, optional housekeeping services and full-service marina adjoining. Bring your boat and take advantage of optional monthly or nightly boat dockage. The Sarasota Cay Club Condominiums sits on beautiful Sarasota Bay with 750ft of water frontage, just a short boat ride to iconic local waterfront restaurants and beaches and minutes from the Gulf of Mexico and some of the best fishing in the country. Dine outdoors and watch the sun set over the water or the manatees and dolphins frolic in the marina. Simply put - this is Florida living at its best. This suite is sold fully furnished. The Ramada by Wyndham Sarasota is a top-rated Sarasota destination hotel. Featuring 105 hotel units and 78 residential condominiums, the property sits on 6 tropically landscaped acres, and includes all the amenities one would expect from a world-class facility. ***Listing agent related to owner of Ramada Hotel property.

Last Agent to Sell the Property

Jesse Kichi

KELLER WILLIAMS ON THE WATER S License #3516157 Listed on: 04/20/2023

KELLER WILLIAMS ON THE WATER S

Last Buyer's Agent

Jeffrey Maglione

COLDWELL BANKER REALTY License #3405786

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $695

Year Built

  • Built in 1959

Lot Details

  • Waterfront
  • West Facing Home

HOA Fees

  • $520 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Condo Hotel
  • Entry on the 1st floor
  • Turnkey
  • Studio
  • Slab Foundation
  • Built-Up Roof
  • Concrete Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 360 Sq Ft Home
  • 2-Story Property
  • Bar Fridge
  • Dry Bar
  • Window Treatments
  • Tile Flooring
  • Marina Views
  • Laundry Located Outside

Kitchen

  • Microwave
  • Stone Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Home Security

  • Home Security System
  • Security Lights

Pool

  • Heated In Ground Pool
  • Pool Lighting

Outdoor Features

  • Access To Marina
  • Exterior Lighting

Utilities

  • Mini Split Air Conditioners
  • Heating Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot N-303
  • Assessor Parcel Number 6697104209

Community Details

Overview

  • Association fees include cable TV, pool, electricity, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, recreational facilities, security, sewer, trash, water
  • Sara Cay Club Argus Property Association, Phone Number (941) 927-6464
  • Sarasota Cay Club Condo Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Additional Features

  • Restaurant
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$695

Year Built

Built in 1959

Lot Details

0

HOA Fees

$520 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Electricity, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Pool, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condo - Hotel
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 360
  • New Construction: No
  • Year Built: 1959
  • Building Area Total: 360
  • Directions to Property: From Keller Williams on the Water Downtown, 1549 Ringling Blvd. Suite 600, Sarasota, FL, 34236. Go west on Ringling Blvd to Tamiami Trail/Hwy 41. Follow Tamiami Trail north to the property on the west side of Tamiami Trail. This property is north of University Parkway and SRQ airport.
  • Status: Sold
  • Street Direction: N
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 1044707
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 470.83
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Property Description: Studio/Efficiency
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 1
  • Interior Amenities: Dry Bar, Solid Wood Cabinets, Stone Counters, Window Treatments
  • Appliances Included: Bar Fridge, Microwave
  • Foundation Details: Slab
  • Levels: One
  • Spa Yn: No
  • Stories: 2
  • Street Number Modifier: 7150
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 33.45
  • Room Count: 1

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, In Ground, Lighting
  • Exterior Features: Lighting, Sidewalk
  • Roof: Built-Up, Concrete
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Lead Paint, Other Disclosures, Seller Property Disclosure
  • Water Access: Marina
  • Water Extras YN: 0
  • Water View: Marina
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-08-10
  • Flood Zone Panel: 12081C0312F

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Street Lights, Water Connected
  • Cooling: Mini-Split Unit(s)
  • Heating: Electric
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness Center, Pool, Restaurant, Sidewalks, Waterfront
  • Association Name: Sara Cay Club - Argus Property
  • Phone: 941-927-6464
  • Association: Yes
  • Security: Closed Circuit Camera(s), Fire Alarm, Security Lights, Security System, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Building Name Number: RAMADA INN
  • Condo Fees: 520
  • Condo Land Included YN: 0
  • Association Email: Sara Cay Club: wverdecia@argusmgmt.com
  • Monthly Condo Fee Amount: 520
  • Association URL: Argus: argusmgmt.com

Fee Information

  • Total Annual Fees: 6240.00
  • Total Monthly Fees: 520.00

Lot Info

  • Zoning: WR/AI/PD
  • Parcel Number: 6697104209
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 0
  • Future Land Use: RES-6,ROR

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Leasing 30 days or more requires background check of tenant by COA

Tax Info

  • Tax Annual Amount: 695
  • Tax Book Number: 2078-2292
  • Tax Lot: N-303

Multi Family

  • Waterfront Features: Marina
  • Approval Process: The COA approval process requires the buyer to email Jon Hillard: joncps@verizon.net He will forward the information and get an approval in a timely fashion.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2009
Sold by
Justice Glen R and Justice Jane G
Bought by
Goldsmith David
Current Estimated Value
$126,702

Purchase Details

Closed on
Jun 28, 2006
Sold by
Dc705 Jv Llc
Bought by
Justice Glen R and Justice Jane G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,930
Interest Rate
7.87%
Mortgage Type
Unknown
Source: Public Records

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
Goldsmith David $24,000 Attorney
Justice Glen R $377,800 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Justice Glen R $339,930
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2023 05/30/23 Sold $169,500 0.0% $471 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $169,500 -- $471 / 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 $2,042 $101,150 -- $101,150
2024 $2,042 $120,700 -- $120,700
2023 $877 $83,300 $0 $83,300
2022 $695 $57,750 $0 $57,750
2021 $467 $27,500 $0 $27,500
2020 $470 $27,500 $0 $27,500
2019 $458 $27,500 $0 $27,500
2018 $373 $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

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Map

Source: Stellar MLS

MLS Number: A4568019

Stellar MLS

APN: 66971-0420-9