$93,900
SOLD SEP 19, 2022

7150 N Tamiami Trail Unit S-609 Sarasota, FL 34243

-- Bed
1 Bath
348 Sq Ft
$463/mo HOA Fee

Recently Sold

$270 Per Sq Ft

1% Below List Price

4 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 April 2024

SECOND STORY LEVEL TWO-DOUBLE BEDS: 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 residence allows daily to short term rentals with no minimum leasing restrictions. Enjoy staying in these 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: $94,900 to 114,900. These units are located in the South Building.

Last Agent to Sell the Property

Jesse Kelley

COLDWELL BANKER REALTY License #3430738 Listed on: 08/27/2022

COLDWELL BANKER REALTY

Co-Listed By

Dyrk Dahl

COLDWELL BANKER REALTY License #0676118

Last Buyer's Agent

Matt Brooks

REALTY EXPERTS License #3320727

REALTY EXPERTS

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

  • 1 Full Bathroom
  • 348 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 66971-0860-9

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

$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: 348
  • New Construction: No
  • Year Built: 1959
  • Accessibility Features: Accessible Approach with Ramp, Accessible Hallway(s)
  • Building Area Total: 348
  • Directions to Property: 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 Sarasota International Airport, SRQ.
  • 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: 0.98946
  • Price per Sq Ft: 269.83
  • Close to Original List Price Ratio: 0.98946
  • Ratio: Current Price\Building Area Total: 269.83
  • View: Yes
  • Co List Office Mls Id: 281502380
  • Co List Office Phone: 941-366-8070
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • 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
  • Street Number Modifier: 7150
  • Room Count: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Pool Features: In Ground
  • Exterior Features: Fenced, Sidewalk
  • Roof: Built-Up, Concrete
  • Pool Private: No
  • View: City
  • Water Body Name: Sarasota Bay
  • 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: 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
  • 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: 5556
  • Monthly HOA Fee: 463
  • Total Monthly Fees: 463

Lot Info

  • Zoning: WR/AI/PD
  • Parcel Number: 66971-0860-9
  • Additional Parcels: No
  • Lot Features: FloodZone, Near Marina, Sidewalk
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

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
Jan 29, 2024
Closed on
Apr 17, 2024
Sold by
Anns Family Trust and Shin Ann Chen-An
Bought by
Huynh Tuyet Mai
Seller's Agent
Steven Sanchez
SUNCOAST GLOBAL REALTY
Buyer's Agent
Steven Sanchez
SUNCOAST GLOBAL REALTY
List Price
$137,777
Sold Price
$133,000
Premium/Discount to List
-$4,777
-3.47%
Views
35
Current Estimated Value
$113,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,020
Avg. Annual Appreciation
-10.51%
Original Mortgage
$106,400
Outstanding Balance
$81,425
Interest Rate
6.74%
Mortgage Type
Construction
Estimated Equity
$32,555

Purchase Details

Listed on
Aug 27, 2022
Closed on
Sep 16, 2022
Sold by
1187 Upper James Of Florida Llc
Bought by
Anns Family Trust
Seller's Agent
Jesse Kelley
COLDWELL BANKER REALTY
Buyer's Agent
Matt Brooks
REALTY EXPERTS
List Price
$94,900
Sold Price
$93,900
Premium/Discount to List
-$1,000
-1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.65%
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $133,000 None Listed On Document
Warranty Deed $93,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $106,400 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2024 04/17/24 Sold $133,000 +2.5% $382 / Sq Ft
03/07/2024 03/07/24 Pending -- -- --
02/12/2024 02/12/24 Price Changed $129,777 -5.8% $373 / Sq Ft
01/29/2024 01/29/24 For Sale $137,777 +46.7% $396 / Sq Ft
09/19/2022 09/19/22 Sold $93,900 -1.1% $270 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/27/2022 08/27/22 For Sale $94,900 -- $273 / 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

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Map

Source: Stellar MLS

MLS Number: A4546365

Stellar MLS

APN: 66971-0860-9