NOT LISTED FOR SALE

7150 N Tamiami Trail Unit S-607 Sarasota, FL 34243

Estimated Value: $101,983 - $111,000

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

Last Sold February 18, 2022

Last sale price $92,000 $335 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,187/month

13 Days on Market

Highlights

  • 600 Feet of Waterfront
  • Access to Bay or Harbor
  • Canal View
  • Dock made with concrete
  • 1 Acre Lot

About This Home

As of February 2022

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 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: $85,000 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: 02/08/2022

COLDWELL BANKER REALTY

Co-Listed By

Dyrk Dahl

COLDWELL BANKER REALTY License #0676118

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,767

Year Built

  • 1959

Lot Details

  • 1

HOA Fees

  • $483 Monthly HOA Fees

Home Design

  • Studio

Outdoor Features

  • Access to Bay or Harbor
  • Access to Freshwater Canal
  • Seawall
  • Dock made with concrete

Additional Features

  • Canal Views
  • 600 Feet of Waterfront

Community Details

  • Rental Restrictions

Listing and Financial Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,767

Year Built

1959

Lot Details

0

HOA Fees

$483 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condo - Hotel
  • Carport Y N: No
  • Co List Office Mls Id: 281502380
  • Co List Office Phone: 941-366-8070
  • Directions: From Coldwell Banker Downtown. Go right (north) out of front of the main building parking lot. Follow Tamiami Trail north to the property on the west side of Tamiami Trail. This property is north of University Parkway and SRQ.
  • Garage Yn: No
  • New Construction: No
  • Ownership: Condominium
  • Property Attached Yn: No
  • Road Surface Type: Asphalt
  • Subdivision Name: SARASOTA CAY CLUB CONDO
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4524184?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4524184?w=Customer
  • Floor Number: 2
  • 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: 1.08235
  • Price per Sq Ft: 334.79
  • Close to Original List Price Ratio: 1.08235
  • Ratio: Current Price\Building Area Total: 262.56
  • Special Features: None
  • Year Built: 1959

Interior Features

  • Appliances: Refrigerator
  • Accessibility Features: Accessible Approach with Ramp, Accessible Hallway(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Tile, Vinyl
  • Interior Amenities: Open Floorplan, Window Treatments
  • Private Spa: No
  • Stories: 1
  • Window Features: Drapes
  • Room Count: 2

Exterior Features

  • Roof: Built-Up, Concrete
  • Exterior Features: Fenced, Sidewalk
  • Foundation Details: Slab
  • Property Condition: Completed
  • View: City
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Lot Features: FloodZone, Near Marina, Sidewalk
  • Pool Features: In Ground
  • Pool Private: No
  • Waterfront Features: Canal - Freshwater
  • Waterfront: Yes
  • 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

  • Open Parking: No

Utilities

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

Condo/Co-op/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
  • Community Features: Fitness, Handicap Modified, Pool, Waterfront
  • Pets Allowed: No
  • 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

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

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 58233
  • Zoning: WR/AI/PD
  • Flood Zone Code: AE
  • Zoning Compatible Y N: Yes

Rental Info

  • Minimum Lease: 1-7 Days
  • Approval Process: 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
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
Feb 18, 2022
Sold by
1187 Upper James Of Florida Llc
Bought by
Murphy Timothy J and Murphy Mary F
Seller's Agent
Jesse Kelley
COLDWELL BANKER REALTY
List Price
$85,000
Sold Price
$92,000
Premium/Discount to List
$7,000
8.24%
Current Estimated Value
$105,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,996
Avg. Annual Appreciation
3.91%

Purchase Details

Closed on
Jun 28, 2010
Sold by
Remus David J and Remus Daniel
Bought by
Dbm Acquisitions Llc

Purchase Details

Closed on
Feb 7, 2006
Sold by
Dc705 Jv Llc
Bought by
Remus David J and Remus Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac

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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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
Murphy Timothy J $92,000 Berlin Patten Ebling Pllc
Dbm Acquisitions Llc $4,000 Attorney
Remus David J $236,700 None Available
Dc705 Jv Llc $81,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Remus David J $213,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2022 02/18/22 Sold $92,000 +8.2% $335 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $85,000 0.0% $309 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $85,000 -- $309 / 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
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Map

Source: Stellar MLS

MLS Number: A4524184

Stellar MLS

APN: 66971-0850-9

Florida Manatee County Sarasota 34243

7150 N Tamiami Trail Unit S-607, 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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