$357,000
SOLD JUL 13, 2023

729 Sorrento Inlet Unit 729 Nokomis, FL 34275

3 Beds
2.5 Baths
1,587 Sq Ft
$574/mo HOA Fee

Recently Sold

$225 Per Sq Ft

1% Below List Price

3 Days on Market

Highlights

  • Boat Dock
  • Open Floorplan
  • Vaulted Ceiling
  • Laurel Nokomis School Rated A-
  • Canal View
  • Great Room

About This Home

As of July 2023

This is your chance to own one of the rarely available three bedroom units with canal views in the charming "west of the trail" community of Sorrento Inlet. This community is one of the few that offers boat slips for rent with no fixed bridges to the Intercoastal and Gulf of Mexico. Slips are available on a first come, first serve basis for $40 or $60 per month, depending on the size. The open floor plan, combined with vaulted ceilings, makes the space feel light and bright. The great room is open to the dining area and kitchen, and features an impressive stone fireplace. The kitchen features shaker cabinets, granite countertops and stainless steel appliances. Step out into the screened lanai to take in views of the water and boats. There is a half bath located on the main level for convenience. A half flight up are two guest bedrooms and a full bathroom. A large balcony can be enjoyed from either guest bedroom. Another half flight up is the spacious owner's suite with a walk-in closet and views out to the water. This home has been freshly painted and new carpet was just installed in the owner's suite. Completing the picture is a laundry room with a sink, and a two car garage. Sorrento Inlet is perfectly located so you can enjoy all that the area offers including top-rated beaches, restaurants, boutiques, golfing and more. You are just a short drive or bike ride along back/neighborhood roads to Nokomis Beach and Casey Key, and 4 miles to Historic Downtown Venice. In addition, Siesta Key and St. Armands Circle are a short drive north. Sorrento Inlet offers maintenance free living with a community pool, 2 combination pickleball/tennis courts, a shuffleboard court and 12 boat slips.

Last Agent to Sell the Property

Toma Milbank

COMPASS FLORIDA LLC License #3356792 Listed on: 06/15/2023

COMPASS FLORIDA LLC

Co-Listed By

Rebecca Milbank PLLC

COMPASS FLORIDA LLC License #3356210

Last Buyer's Agent

Dennis Perkins

CORAL BAY REALTY LLC License #3451987

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,901

Year Built

  • Built in 1981

Lot Details

  • Northeast Facing Home
  • Mature Landscaping

HOA Fees

  • $574 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,587 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Great Room
  • Dining Room
  • Inside Utility
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Access to Saltwater Canal
  • First Come-First Served Dock
  • Balcony
  • Covered patio or porch
  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, escrow reserves fund, maintenance structure, ground maintenance, recreational facilities
  • Casey Condominium Management John Dial Association, Phone Number (941) 922-3391
  • Visit Association Website
  • Sorrento Inlet Community
  • Sorrento Inlet Ph 2 Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Community Boat Slip
  • Tennis Courts
  • Pickleball Courts
  • Shuffleboard Court
  • Community Pool

Pet Policy

  • Pets up to 20 lbs
  • Pet Size Limit
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,901

Year Built

Built in 1981

Lot Details

0

HOA Fees

$574 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: Yes
  • Living Area: 1587
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 2314
  • Directions to Property: Head North on US 41, turn Left onto BayshoreDr, , turn Right into Sorrento Inlet, condo is on the left side.
  • Status: Sold
  • Co List Office Mls Id: MFR274501900
  • Co List Office Phone: 941-265-7692
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 169647934
  • Minimum Lease: No Minimum
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 224.95
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Amenities Additional Fees: Sorrento Inlet offers 12 boat slips for lease with deep water access to the Gulf of Mexico. Boat slips available for lease on a first come basis. $40/month for small slip and $60/month for a wider slip.
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Vinyl
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Master Bedroom Upstairs, Open Floorplan, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Stories: 2
  • Street Number Modifier: 729
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 147.44
  • Room Count: 7

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Balcony, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Rear Porch, Screened
  • Road Surface Type: Paved
  • Disclosures: Condominium Disclosure Available
  • Water Access: Canal - Saltwater
  • Water Extras: Dock - Slip 1st Come
  • Water Extras YN: 1
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Additional Water Information: Sorrento Inlet offers 12 private boat slips for lease with deep water access to the Gulf of Mexico. Boat slips available for lease on a first come basis. $40/month for small slip and $60/month for a wider slip. Slips fit up to 35 ft boat.

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Pool, Tennis Courts, Water Access
  • Association Amenities: Boat Slip, Dock, Pickleball Court(s), Pool, Shuffleboard Court, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association Name: Casey Condominium Management - John Dial
  • Phone: 941-922-3391
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Only one dog and one cat, or two cats. 20 pounds or less. Pets must be leashed and accompanied when outside units. See HOA docs for full pet restrictions.
  • Association Fee Requirement: Required
  • Building Name Number: SORRENTO INLET
  • Condo Fees: 1721
  • Condo Land Included YN: 0
  • Max Pet Weight: 20
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: jdial@caseymanagement.com
  • Monthly Condo Fee Amount: 574
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: www.caseymanagement.com

Fee Information

  • Total Annual Fees: 6884.00
  • Total Monthly Fees: 573.67

Schools

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

Lot Info

  • Zoning: RMF2
  • Parcel Number: 0161161029
  • Additional Parcels: No
  • Lot Features: Paved
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Number Limit, Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See HOA/Condo docs for lease restrictions.

Tax Info

  • Tax Annual Amount: 1901
  • Tax Book Number: 1388-558
  • Tax Lot: 729

Multi Family

  • Approval Process: See HOA/Condo docs for lease approval process.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Jul 13, 2023
Sold by
Geyer Revocable Trust
Bought by
Bassey Peter A and Bassey Patricia L
Seller's Agent
Toma Milbank
COMPASS FLORIDA LLC
Buyer's Agent
Dennis Perkins
CORAL BAY REALTY LLC
List Price
$359,000
Sold Price
$357,000
Premium/Discount to List
-$2,000
-0.56%
Views
20
Current Estimated Value
$378,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,539
Avg. Annual Appreciation
3.33%
Original Mortgage
$285,600
Outstanding Balance
$280,176
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$101,894

Purchase Details

Closed on
Mar 9, 2015
Sold by
Geyer Lynda L
Bought by
The Geyer Revocable Trust and Geyer Lynda L

Purchase Details

Closed on
Mar 3, 2005
Sold by
Geyer Dennis L and Geyer Lynda L
Bought by
Geyer Lynda L

Purchase Details

Closed on
Feb 24, 1999
Sold by
Pitts H Lauden and Pitts Carolyn K
Bought by
Geyer Dennis L and Geyer Lynda L

Purchase Details

Closed on
Jul 23, 1996
Sold by
Denicola Barbara
Bought by
Pitts H Lauden and Pitts Carolyn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
8.36%
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 Type Sale Price Title Company
Warranty Deed $357,000 Clear Title Group
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- --
Warranty Deed $126,700 --
Warranty Deed $121,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $285,600 New Conventional
Previous Owner $375,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $112,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2023 07/13/23 Sold $357,000 -0.6% $225 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $359,000 -- $226 / 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 $1,933 $291,700 -- $291,700
2023 $1,933 $178,874 $0 $0
2022 $1,901 $173,664 $0 $0
2021 $1,873 $168,606 $0 $0
2020 $1,871 $166,278 $0 $0
2019 $1,661 $151,982 $0 $0
2018 $1,608 $149,148 $0 $0
2017 $1,596 $146,080 $0 $0
2016 $1,587 $181,300 $0 $181,300
2015 $1,508 $180,700 $0 $180,700
2014 $1,500 $130,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4572826

Stellar MLS

APN: 0161-16-1029