$3,700,000
SOLD JUN 12, 2015

728 N Casey Key Rd Osprey, FL 34229

1.5 Acres
$2,466,667 Price per Acre
65,340 Sq Ft Lot

Recently Sold

$3,527 Per Sq Ft

37% Below List Price

2,383 Days on Market

Highlights

  • 151 Feet of Waterfront
  • White Water Ocean Views
  • Boat Slip Deeded
  • Laurel Nokomis School Rated A-
  • Private Beach
  • Oversized Lot

About This Lot

As of January 2022

Fabulous opportunity to acquire one of the last undeveloped Gulf-to-Bay properties on North Casey Key. Price is lowered substantially to $3,700,000 with owners decision to not proceed with plans to build major residence. The new price is below any Gulf-to-Bay properties, even ones smaller in size, currently offered on North Casey Key. This is a prime North Casey Key Gulf-to-Bay lot with 151 ft on Gulf and 174 ft on Little Sarasota Bay. Located amidst some of the largest and most prominent large new residences on the Key (see 712 North;and the two very recently completed major contemporaries built at 814 North; and, 840 North). The property has very good elevation with 11 ft or better at the former principal home building site. The old home was removed by current owner and lot cleared in preparation for building a major contemporary home designed by Carl Abbott and to be build by Michael Walker. Not part of a homeowners association so no architectural restrictions other than those of the town. (Water frontage above is divided 151 ft on Gulf of Mexico and 174 ft on Little Sarasota Bay).

Last Agent to Sell the Property

Nicole Hammons-Dovgopolyi

MICHAEL SAUNDERS & COMPANY License #3089733

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Thomas Stone

LIMBO COMPANY SARASOTA ASSOC License #0525800

Last Buyer's Agent

Stephanie Church

COLDWELL BANKER REALTY License #3007728

COLDWELL BANKER REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $35,131

Year Built

  • Built in 1947

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 151x398x174x419
  • 151 Feet of Waterfront
  • Private Beach
  • Key Lot That May Back To Multiple Homes
  • West Facing Home
  • Oversized Lot
  • Property is zoned RE1

HOA Fees

  • $21 Monthly HOA Fees

Interior Spaces

  • 1,049 Sq Ft Home
  • White Water Ocean Views

Schools

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

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0146150002

Community Details

Overview

  • Casey Key Estates Community
  • Casey Key Subdivision

Recreation

  • Boat Slip Deeded

Property Details

Property Type

Land

Est. Annual Taxes

$35,131

Year Built

Built in 1947

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Land
  • Living Area: 1049
  • Lot Size Acres: 1.5
  • Year Built: 1947
  • Lot Size Sq Ft: 65143
  • Directions to Property: Blackburn Pt to right on North Casey Key Rd. about 1 mile.
  • Status: Sold
  • Street Direction: N
  • Co List Office Mls Id: MFR281502349
  • Co List Office Phone: 941-966-8000
  • Ownership: Fee Simple
  • List Office Head Office Key Nume: 1046728
  • RATIO Current Price By Calculate: 56.80
  • Total Acreage: 1 to less than 2
  • Water Access YN: 0
  • Tax Year: 2014
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Direction Faces: West
  • Home Warranty: No
  • View: Water
  • Water Body Name: GULF OF MEXICO/LITTLE SAR. BAY
  • Waterfront: Yes
  • Disclosures: Seller Property Disclosure
  • Water Extras: Dock - Slip Deeded On-Site
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 151
  • Price Per Acre: 2466666

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available

Condo/Co-op/Association

  • Association Fee: 250
  • Association: No
  • Association Fee Requirement: Optional
  • SW Subdiv Condo Num: 372

Fee Information

  • Total Annual Fees: 250.00
  • Total Monthly Fees: 20.83

Schools

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

Lot Info

  • Zoning: RE1
  • Parcel Number: 0146150002
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Key Lot, Oversized Lot
  • Lot Dimensions: 151X398X174X419
  • Zoning Compatible YN: 1
  • Future Land Use: 081X
  • State Land Use Code: 0
  • State Property Use Code: 0

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 35131

Multi Family

  • Waterfront Features: Beach - Private

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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

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

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,350,000 Purchase Money Mortgage
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $3,425,000 Icard Merrill Cullis Timm Fure
Warranty Deed $2,200,000 Attorney
Warranty Deed $2,350,000 Attorney
Certificate Of Transfer $350,001 None Available
Deed $350,100 --
Warranty Deed $3,700,000 Attorney
Warranty Deed $766,700 --
Warranty Deed $766,700 --
Warranty Deed $766,700 --
Warranty Deed $766,700 --
Warranty Deed $766,700 --
Warranty Deed $766,700 --
Personal Reps Deed -- --
Source: Public Records

Source: Stellar MLS

MLS Number: A381459

Stellar MLS

APN: 0146-15-0002