$75,000
SOLD FEB 11, 2022

7150 N Tamiami Trail Unit S-623 Sarasota, FL 34243

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

Recently Sold

$214 Per Sq Ft

10 Days on Market

Highlights

  • Water Views
  • Fitness Center
  • In Ground Pool
  • Boat Dock
  • Property is near a marina
  • Open Floorplan

About This Home

As of February 2022

S-623 SECOND FLOOR CITY VIEW 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 unit will be furnished with a mini refrigerator, coffee pot and micro-wave oven. 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: $79,999 to $110,999

Last Agent to Sell the Property

Jesse Kelley

COLDWELL BANKER REALTY License #3430738 Listed on: 01/17/2022

COLDWELL BANKER REALTY

Co-Listed By

Dyrk Dahl

COLDWELL BANKER REALTY License #0676118

Last Buyer's Agent

Ron Dawson

CHARLES RUTENBERG REALTY INC License #3485929

CHARLES RUTENBERG REALTY INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $585

Year Built

  • Built in 1959

Lot Details

  • Property fronts a freshwater canal
  • East Facing Home
  • Fenced

HOA Fees

  • $483 Monthly HOA Fees

Property Views

  • Water
  • City

Home Design

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

Interior Spaces

  • 350 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Drapes & Rods
  • Security Lights
  • Microwave
  • 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
  • Property is near a marina

Location

  • Flood Zone Lot

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 66971-0930-9

Community Details

Overview

  • Association fees include 24-hour guard, cable TV, community pool, electricity, escrow reserves fund, insurance, internet, maintenance exterior, 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
  • Association Approval Required
  • Handicap Modified Features In Community

Amenities

  • Laundry Facilities

Recreation

  • Boat Dock
  • Fitness Center
  • Community Pool

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 Exterior, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Property Description: Studio/Efficiency
  • Water Extras: Dock - Concrete, Seawall - Concrete
  • Water View: Yes
  • Construction Materials: Block, Concrete, Stucco
  • Living Area: 350.40
  • Year Built: 1959
  • Accessibility Features: Accessible Approach with Ramp, Accessible Hallway(s)
  • Building Area Total: 350.40
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4521251?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4521251?w=Customer
  • Building Search Sq Meters: 32.55
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4521251?w=PubMLS
  • 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 SRQ.
  • Escrow City: Sarasota
  • Escrow Postal Code: 34239
  • Escrow State: FL
  • Escrow Street Name: S Tamiami Trail
  • Escrow Street Number: 3700
  • List Office Head Office Key Nume: 1046393
  • Status: Sold
  • Street Direction: N
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Room Count: 2
  • Living Area Units: Square Feet
  • Flooring: Tile, Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Open Floorplan, Window Treatments
  • Appliances Included: Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Floor Number: 2
  • Levels: One
  • Stories: 1
  • Window Features: Drapes
  • Living Area Meters: 32.55
  • Street Number Modifier: 7150

Exterior Features

  • Direction Faces: East
  • 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 Extras: Yes
  • Waterfront Feet Fresh Water Canal: 600
  • Water Access: Bay/Harbor, Canal - Freshwater
  • Pool Features: In Ground
  • Exterior Features: Fenced, Sidewalk
  • Roof: Built-Up, Concrete
  • Water View: Canal
  • Flood Zone Code: AE
  • Water Access: Yes
  • View: City
  • Waterfront: Yes
  • Road Surface Type: Asphalt

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

Condo/Co-op/Association

  • S W Subdiv Community Name: Not Applicable
  • Community Features: Fitness, Handicap Modified, Pool, Waterfront
  • Building Name Number: RAMADA INN
  • Condo Fees Term: Monthly
  • Monthly HOA Fees: 483.00
  • Association Amenities: Cable, Dock, Fitness Center, Laundry, Pool, Security
  • Association Approval Required: Yes
  • Association Fee: 483.00
  • Association Fee Frequency: Monthly
  • Association Fee Requirement: Required
  • Association Name: Sara Cay Club- Argus Property
  • Phone: 941-927-6464
  • Association: Yes
  • Security: Fire Sprinkler System, Security Lights, Smoke Detector(s)

Fee Information

  • Other Fees Term: Monthly
  • Waterfront Frontage: 600
  • Total Annual Fees: 5796.00
  • Total Monthly Fees: 483.00

Lot Info

  • Zoning Compatible: Yes
  • Total Acreage: Non-Applicable
  • Zoning: WR/AI/PD
  • Parcel Number: 66971-0930-9
  • Lot Features: FloodZone, Near Marina, Sidewalk

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions: Yes

Multi Family

  • Approval Process: Buyers will need to be approved by HOA contact person is Jon Hillard 941-799-9463.
  • Waterfront Features: Canal - Freshwater

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2022
Closed on
Feb 10, 2022
Sold by
1187 Upper James Of Florida Llc
Bought by
Jimenez Philip and Jimenez Ramses
Seller's Agent
Jesse Kelley
COLDWELL BANKER REALTY
Buyer's Agent
Ron Dawson
CHARLES RUTENBERG REALTY INC
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.97%

Purchase Details

Closed on
Jul 29, 2010
Sold by
Mcdermid Glenn R and Lynn Mcdermid J
Bought by
Dbm Acquisitions Llc

Purchase Details

Closed on
May 26, 2006
Sold by
Dc705 Jv Llc
Bought by
Mcdermid Glenn R and Lynn Mcdermid J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,100
Interest Rate
7.87%
Mortgage Type
Fannie Mae Freddie Mac
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 $75,000 Berlin Patten Ebling Pllc
Warranty Deed $4,000 Attorney
Special Warranty Deed $236,700 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $201,100 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 Price Changed $129,000 -13.4% $371 / Sq Ft
05/14/2025 05/14/25 For Sale $149,000 +98.7% $428 / Sq Ft
02/11/2022 02/11/22 Sold $75,000 0.0% $214 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
01/17/2022 01/17/22 For Sale $75,000 -- $214 / 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
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: A4521251

Stellar MLS

APN: 66971-0930-9