NOT LISTED FOR SALE

7150 N Tamiami Trail Unit S-601 Sarasota, FL 34243

Estimated Value: $101,701 - $114,000

-- Bed
1 Bath
275 Sq Ft
$483/mo HOA Fee

Last Sold July 22, 2022

Last sale price $110,000 $400 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,188/month

Highlights

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

About This Home

As of July 2022

S-601 SECOND 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 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 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 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. City View Units: $94900 to $114,900.

Last Agent to Sell the Property

Jesse Kelley

COLDWELL BANKER REALTY License #3430738 Listed on: 07/07/2022

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

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

HOA Fees

  • $483 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

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

Flooring

  • Tile
  • Vinyl

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

  • Assessor Parcel Number 66971-0820-9

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

$483 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
  • New Construction: No
  • Year Built: 1959
  • Accessibility Features: Accessible Approach with Ramp, Accessible Hallway(s)
  • Building Area Total: 350.4
  • Status: Sold
  • Street Direction: N
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Property Description: Studio/Efficiency
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.95735
  • Price per Sq Ft: 400.29
  • Close to Original List Price Ratio: 0.95735
  • Ratio: Current Price\Building Area Total: 313.93
  • View: Yes
  • Co List Office Mls Id: 281502380
  • Co List Office Phone: 941-366-8070
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: VirtualTour

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
  • 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
  • Disclosures: Condominium Disclosure Available

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: 483
  • 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
  • Association Email: wverdecia@argusmgmt.com
  • Condo Land Included Y N: No
  • Amenities Additional Fees: None
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 5796
  • Monthly HOA Fee: 483
  • Total Monthly Fees: 483

Lot Info

  • Zoning: WR/AI/PD
  • Parcel Number: 66971-0820-9
  • 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: No Minimum
  • Approval Process: The COA approval process requires the buyer/s to email Jon Hilliard: joncps@verizon.net, he will forward the information and get an approval in a timely fashion. 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
Jul 7, 2022
Closed on
Jul 22, 2022
Sold by
1187 Upper James Of Florida Llc
Bought by
Olescyski Jaime
Seller's Agent
Jesse Kelley
COLDWELL BANKER REALTY
Buyer's Agent
Kevin Hall
CHAMPION REALTY SERVICES, LLC
List Price
$114,900
Sold Price
$110,000
Premium/Discount to List
-$4,900
-4.26%
Current Estimated Value
$106,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,825
Avg. Annual Appreciation
-1.08%

Purchase Details

Closed on
Jul 27, 2009
Sold by
Federal National Mortgage Association
Bought by
Dbm Acquisitions Llc

Purchase Details

Closed on
Feb 18, 2009
Sold by
Smith Patricia
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 31, 2006
Sold by
Dc705 Jv Llc
Bought by
Smith Michael and Smith Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,498
Interest Rate
6.67%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 7, 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
Olescyski Jaime $110,000 Berlin Patten Ebling Pllc
Dbm Acquisitions Llc $3,700 Attorney
Federal National Mortgage Association -- None Available
Smith Michael $263,200 Attorney
Dc705 Jv Llc $83,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Michael $210,498
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2022 07/22/22 Sold $110,000 -4.3% $400 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $114,900 -- $418 / 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 $484 $21,750 $0 $0
2016 $450 $18,870 $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
  • Kevin Hall

    Buyer's Agent in 2022

    Kevin Hall

    CHAMPION REALTY SERVICES, LLC

    (941) 421-9141

    3 in this area

    162 Total Sales

    Kevin Hall
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4532374

Stellar MLS

APN: 66971-0820-9

Florida Manatee County Sarasota 34243

7150 N Tamiami Trail Unit S-601, 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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