NOT LISTED FOR SALE

728 N Casey Key Rd Osprey, FL 34229

Estimated Value: $359,000 - $4,212,000

1.43 Acres
$2,114,423 Price per Acre
62,291 Sq Ft Lot

Last Sold January 05, 2022

Last sale price $3,425,000 $276 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $19,774/month

171 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Intracoastal View
  • Laurel Nokomis School Rated A-
  • Oak Trees
  • Oversized Lot

About This Lot

As of January 2022

A remarkable opportunity presents itself with this 1.5 acre gulf-to-bay Lot zoned RE-1 on North Casey Key with 150 feet of shoreline on the bay and on the gulf. That's not all: a 7,000 s.f. +/- residence, plus small guest house, has been designed and submitted to the State of Florida DEP for permitting. This means all of the work required to submit a State permit has been done for you on this designed home, saving many hours and steps in the building process. Here are the specifics for the residence submitted to the State of Florida for permitting: A lovely Cape Cod style home with generous porches overlooking both the beautiful Gulf of Mexico and the Intracoastal Waterway on the bayside, 5 bedrooms, 5 full baths plus 2 half baths, elevator, 2 laundry rooms, 2 great room/tv rooms, office, 4 gas fireplaces, 2 beverage service areas (in Living room and outdoor kitchen areas), 4 car garage, elevated infinity pool, expansive pool deck and outdoor entertaining space, loads of storage, guest cottage with downstairs storage for water sports equipment, gracious gardens, ample courtyard guest parking area, and much, much more! A beautiful bayside dock has also been designed.
**Seller is making available all of their due diligence, including the county's letter of noncontravention, landscape plan, and architectural plans for interested buyers.** This is the largest vacant parcel presently available on Casey Key. Don't miss out on such an exclusive property.

Last Listed By

Deborah Beacham

MICHAEL SAUNDERS & COMPANY License #3054769 Listed on: 06/14/2021

MICHAEL SAUNDERS & COMPANY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,822

Year Built

  • 2016

Lot Details

  • 1.43 Acre Lot
  • Lot Dimensions are 150x965x150x926
  • 300 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property fronts an intracoastal waterway
  • Property fronts a county road
  • Unincorporated Location
  • West Facing Home
  • Oversized Lot
  • Cleared Lot
  • Oak Trees
  • Property is zoned RE1

HOA Fees

  • $31 Monthly HOA Fees

Property Views

  • Intracoastal
  • Full Gulf or Ocean

Schools

  • Laurel Nokomis Elementary School
  • Venice Area Middle School
  • Venice Senior High School

Additional Features

  • In Flood Plain
  • Septic Needed

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 0146150002

Community Details

Overview

  • Association fees include security
  • Casey Key Community
  • Casey Key Subdivision

Recreation

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$21,822

Year Built

2016

Lot Details

0

HOA Fees

$31 per month

Listing Details

  • HOA Fee Includes: Security
  • Property Type: Land
  • Lot Size Acres: 1.43
  • Lot Size Sq Ft: 62353
  • Directions to Property: US 41 South to Osprey to Casey Key; turn west at Blackburn Point; turn north on N Casey Key Rd; proceed to property immediately north of 712 North Case Key.
  • Status: Sold
  • Street Direction: N
  • Total Acreage: 1 to less than 2
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.85625
  • Price per Sq Ft: 54.93
  • Close to Original List Price Ratio: 0.85625
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 2016

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 728

Exterior Features

  • Direction Faces: West
  • Other Structures: Other
  • Road Frontage Type: County Road
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Road Surface Type: Paved, Asphalt
  • Easements: Electric Lines
  • Water View: Gulf/Ocean - Full, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Access: Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Seawall - Concrete, Seawall - Other
  • Water View Y N: Yes
  • Front Footage: 150
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0209F
  • Waterfront Frontage: 300
  • Water Frontage Feet I C W: 150
  • Water Frontage Feet Gulf Ocean: 150
  • Disclosures: Other, Seller Property Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Capable, Electricity Available
  • Sewer: Septic Needed
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 375
  • Association Fee Frequency: Annually
  • Association: Yes
  • Amenities Additional Fees: Additional Beach patrol through North Casey Key Homeowners Association, if elect to join.
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 375
  • Monthly HOA Fee: 31.25
  • Total Monthly Fees: 31.25

Schools

  • Elementary School: Laurel Nokomis Elementary
  • High School: Venice Senior High
  • Middle Or Junior School: Venice Area Middle

Lot Info

  • Zoning: RE1
  • Parcel Number: 0146150002
  • Additional Parcels: No
  • Lot Features: Buildable, Cleared, CoastalConstruction Control Line, Flood Plain, In County, Oversized Lot, Unincorporated
  • Lot Dimensions: 150x965x150x926
  • Price Per Acre: 2395105
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • Current Adjacent Use: Residential
  • Zoning Compatible Y N: Yes

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 21821.63
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Gulf/Ocean, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Jan 5, 2022
Sold by
Strickland Samuel R and Strickland Paula P
Bought by
Miles Thomas M and Miles Dara W
Seller's Agent
Deborah Beacham
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Judie Berger
PREMIER SOTHEBYS INTL REALTY
List Price
$4,000,000
Sold Price
$3,425,000
Premium/Discount to List
-$575,000
-14.38%
Total Days on Market
171
Current Estimated Value
$3,023,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$401,375
Avg. Annual Appreciation
-3.67%

Purchase Details

Listed on
Aug 22, 2019
Closed on
Aug 22, 2019
Sold by
Seley Candra and Candra Saley Declaration Of Tr
Bought by
Stricland Samuel R and Stricland Paula P
Seller's Agent
Deborah Beacham
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Deborah Beacham
MICHAEL SAUNDERS & COMPANY
List Price
$2,200,000
Sold Price
$2,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.44%

Purchase Details

Closed on
Jun 27, 2017
Sold by
728 N Casey Key Llc
Bought by
Seley Cardra and Candra Seley Declaration Trust

Purchase Details

Closed on
Dec 30, 2016
Sold by
Lex Partners Llc
Bought by
728 N Casey Key Llc

Purchase Details

Closed on
Dec 1, 2016
Bought by
Candra Seley Declaration Of Tr

Purchase Details

Listed on
Apr 18, 2008
Closed on
Jun 12, 2015
Sold by
Neill Jim O
Bought by
Lex Partners Llc
Seller's Agent
Nicole Hammons-Dovgopolyi
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Stephanie Church
COLDWELL BANKER REALTY
List Price
$5,900,000
Sold Price
$3,700,000
Premium/Discount to List
-$2,200,000
-37.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.02%
Original Mortgage
$2,350,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 1904
Sold by
Crosson John
Bought by
Oneill Jim

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
Miles Thomas M $3,425,000 Icard Merrill Cullis Timm Fure
Stricland Samuel R $2,200,000 Attorney
Seley Cardra $2,350,000 Attorney
728 N Casey Key Llc $350,001 None Available
Candra Seley Declaration Of Tr $350,100 --
Lex Partners Llc $3,700,000 Attorney
Oneill Jim $766,700 --
Oneill Jim $766,700 --
Oneill Jim $766,700 --
Oneill Jim $766,700 --
Oneill Jim $766,700 --
Oneill Jim $766,700 --
Oneill Jim -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lex Partners Llc $2,350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2022 01/05/22 Sold $3,425,000 -14.4% $276 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $4,000,000 +81.8% $323 / Sq Ft
08/22/2019 08/22/19 Sold $2,200,000 0.0% $177 / Sq Ft
08/22/2019 08/22/19 Pending -- -- --
08/22/2019 08/22/19 For Sale $2,200,000 -40.5% $177 / Sq Ft
12/14/2015 12/14/15 Off Market $3,700,000 -- --
06/12/2015 06/12/15 Sold $3,700,000 -37.3% $3,527 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
04/18/2008 04/18/08 For Sale $5,900,000 -- $5,624 / 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 $35,764 $3,207,500 $3,207,500 --
2023 $35,764 $3,082,300 $3,082,300 $0
2022 $28,622 $2,729,200 $2,729,200 $0
2021 $23,471 $1,919,300 $1,919,300 $0
2020 $21,822 $1,742,200 $1,742,200 $0
2019 $23,467 $1,881,000 $1,881,000 $0
2018 $35,838 $2,868,700 $2,865,200 $3,500
2017 $36,053 $2,835,100 $2,832,700 $2,400
2016 $36,944 $2,848,500 $2,846,100 $2,400
2015 $33,786 $2,536,400 $2,533,800 $2,600
2014 $35,131 $2,533,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4504043

Stellar MLS

APN: 0146-15-0002