NOT LISTED FOR SALE

7150 N Tamiami Trail Unit S-506 Sarasota, FL 34243

Estimated Value: $96,153 - $104,000

1 Bed
1 Bath
275 Sq Ft
$463/mo HOA Fee

Last Sold March 09, 2022

Last sale price $100,000 $364 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,141/month

3 Days on Market

Highlights

  • 600 Feet of Waterfront
  • Access to Bay or Harbor
  • In Ground Pool
  • Boat Dock
  • Fitness Center
  • City View

About This Home

As of March 2022

S-506 FIRST FLOOR CITY VIEW TWO-DOUBLE BEDS. THIS UNIT HAS BEEN NEWLY RENOVATED!!! Welcome to the Sarasota Cay Club. This property is approximately two miles north of Sarasota Bradenton International Airport, 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 privately owned condo residences are located within the ‘Ramada By Wyndham Sarasota Waterfront Resort’. Each unit will be furnished and freshly painted throughout and will include new flooring in the bedroom, a full bathroom renovation including tiled floors, full glass shower doors, and a mini refrigerator. 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 to utilize their condo as a vacation property throughout the year. 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-Hotel 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. City View Units: $85,999 to $110,999 Water View Units: $114,999 to $149,999.

Last Agent to Sell the Property

Jesse Kelley

COLDWELL BANKER REALTY License #3430738 Listed on: 02/04/2022

COLDWELL BANKER REALTY

Co-Listed By

Dyrk Dahl

COLDWELL BANKER REALTY License #0676118

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $585

Year Built

  • Built in 1959

Lot Details

  • 600 Feet of Waterfront
  • Property fronts a freshwater canal
  • West Facing Home
  • Fenced

HOA Fees

  • $463 Monthly HOA Fees

Property Views

  • City
  • Canal

Home Design

  • Condo Hotel
  • Studio
  • Slab Foundation
  • Built-Up Roof
  • Concrete Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 275 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Drapes & Rods
  • Security Lights
  • Laundry Located Outside

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Hallway
  • Accessible Approach with Ramp

Outdoor Features

  • In Ground Pool
  • Access to Bay or Harbor
  • Property is near a marina
  • Access to Freshwater Canal
  • Seawall
  • Dock made with concrete

Location

  • Flood Zone Lot

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, cable TV, community pool, electricity, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, manager, pest control, pool maintenance, recreational facilities, security, sewer, trash, water
  • Sara Cay Club Argus Property Association, Phone Number (941) 927-6464
  • Sarasota Cay Club Condo Subdivision
  • Rental Restrictions
  • Handicap Modified Features In Community

Amenities

  • Laundry Facilities

Recreation

  • Boat Dock
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • 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

$463 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Community Pool, Electricity, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condo - Hotel
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 274.8
  • Lot Size Acres: 1.34
  • New Construction: No
  • Year Built: 1959
  • Accessibility Features: Accessible Approach with Ramp, Accessible Hallway(s)
  • Building Area Total: 350.4
  • Lot Size Sq Ft: 58233
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4524240?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4524240?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Property Description: Studio/Efficiency
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 1.1236
  • Price per Sq Ft: 363.9
  • Close to Original List Price Ratio: 1.1236
  • Ratio: Current Price\Building Area Total: 285.39
  • View: Yes
  • Co List Office Mls Id: 281502380
  • Co List Office Phone: 941-366-8070
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Open Floorplan, Window Treatments
  • Appliances Included: Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Drapes
  • Room Count: 2

Exterior Features

  • Direction Faces: West
  • Pool Features: In Ground
  • Exterior Features: Fenced, Sidewalk
  • Roof: Built-Up, Concrete
  • Pool Private: No
  • View: City
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water View: Canal
  • Water Access: Bay/Harbor, Canal - Freshwater
  • Water Extras: Dock - Concrete, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 600
  • Additional Water Information: This unit has access to the amenities located on the property and included in the HOA fee. There are no boat slips available for sale.
  • Water Frontage Feet Canal Fresh: 600

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Wall Units / Window Unit
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fitness, Handicap Modified, Pool, Waterfront
  • Association Amenities: Cable TV, Boat Dock, Fitness Center, Laundry, Pool, Security
  • Association Fee: 463
  • Association Fee Frequency: Monthly
  • Association Name: Sara Cay Club- Argus Property
  • Phone: 941-927-6464
  • Association: Yes
  • Security: Fire Sprinkler System, Security Lights, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees Term: Monthly
  • Other Fees Term: Monthly
  • Condo Land Included Y N: No
  • Amenities Additional Fees: None
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 5556
  • Monthly HOA Fee: 463
  • Total Monthly Fees: 463

Lot Info

  • Zoning: WR/AI/PD
  • Parcel Number: 66971-0055-9
  • Additional Parcels: No
  • Lot Features: FloodZone, Near Marina, Sidewalk
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Zoning Compatible Y N: Yes

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 1-7 Days
  • Approval Process: HOA Application Approval: Jon Hillard 941-799-9463
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: NA

Tax Info

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

Multi Family

  • Waterfront Features: Canal - Freshwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Mar 3, 2022
Sold by
1187 Upper James Of Florida Llc
Bought by
Avatar Investment Group Llc
Seller's Agent
Jesse Kelley
COLDWELL BANKER REALTY
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$89,000
Sold Price
$100,000
Premium/Discount to List
$11,000
12.36%
Current Estimated Value
$101,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,038
Avg. Annual Appreciation
0.28%
Source: Public Records

Range of Values:

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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
Avatar Investment Group Llc $100,000 New Title Company Name
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2022 03/09/22 Sold $100,000 +12.4% $364 / Sq Ft
02/06/2022 02/06/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $89,000 -- $324 / 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 $1,767 $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 $483 $21,600 $0 $0
2016 $449 $18,780 $0 $0
2015 $404 $15,000 $0 $0
2014 $404 $15,001 $0 $0
2013 $399 $15,001 $1 $15,000
Source: Public Records

Agents Affiliated with this Home

  • Jesse Kelley

    Seller's Agent in 2022

    Jesse Kelley

    COLDWELL BANKER REALTY

    (941) 780-0574

    29 in this area

    45 Total Sales

    Jesse Kelley
    Section Image
  • Dyrk Dahl

    Seller Co-Listing Agent in 2022

    Dyrk Dahl

    COLDWELL BANKER REALTY

    (941) 320-7373

    31 in this area

    92 Total Sales

    Dyrk Dahl
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4524240

Stellar MLS

APN: 66971-0690-9

Florida Manatee County Sarasota 34243

7150 N Tamiami Trail Unit S-506, 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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