$5,350,000
SOLD OCT 24, 2023

7340 Point of Rocks Rd Sarasota, FL 34242

6 Beds
6.5 Baths
4,676 Sq Ft
0.36 Acres

Recently Sold

$1,144 Per Sq Ft

11% Below List Price

186 Days on Market

Highlights

  • 63 Feet of Ocean or Gulf Waterfront
  • Guest House
  • In Ground Pool
  • Phillippi Shores Elementary School Rated A
  • Water access To Gulf or Ocean
  • Full Gulf or Ocean Views

About This Home

As of October 2023

Delight in a captivating, private Gulf-front lifestyle with breathtaking views in this fully renovated Gulf-front estate perched 12 feet above the water on tranquil Point of Rocks at the southern end of Siesta Key. Tucked away on a stunning tree-canopied street, the 2-story main residence features five exquisitely remodeled en-suite bedrooms, plus an updated 1-bedroom, 1-bath guesthouse with an adjoining a 3-car garage. Hurricane-impact glass and a new metal roof provide peace of mind. New wood-look porcelain tile flows through most of the residence, including the expansive open great room with adjacent wet bar and dining area. The chef’s kitchen includes brand-new appliances and sunset views every evening, plus an island/breakfast bar, quartz counters, walk-in pantry and windows showcasing endless views of the azure water. Sliding glass doors in the dining room open to a sizable covered and open patio surrounded by palms and lush tropical foliage – the perfect setting for soaking in awe-inspiring Gulf and sunset vistas, gentle seaside breezes and the soothing sounds of rolling waves. A long staircase provides access to Point of Rocks’ flat limestone rocks, where you can hunt for seashells in the tide pools, spot dolphins and go snorkeling or kayaking to explore the abundant marine life. Inside the home, there is plenty of space for overnight visitors, with three guest bedrooms in separate wings, and a laundry room with a half bath accessible from the pool area. The great room’s expansive east-facing windows overlook the private courtyard’s abundant palms, flourishing gardens and saltwater pool. Upstairs, a serene retreat awaits in the impeccably appointed owner’s suite, featuring refinished hardwood floors, shiplap ceiling, built-in shelves and cabinetry, large walk-in closet with built-ins and walk-in shower. The bedroom also has an alluring sitting area with multiple windows boasting views of the enchanting seascape. A generous bedroom across the hall overlooks the courtyard and pool. Across the courtyard, there is a charming guesthouse, featuring wood-look porcelain tile, a full kitchen with shiplap ceiling, quartz counters and stunning backsplash, bedroom and bath with shiplap walls, and private patio with a barbecue area. Close to dining, shopping and world-renowned Siesta Beach, this one-of-a-kind seaside sanctuary offers an unsurpassed lifestyle for discerning buyers looking for their own piece of island paradise.

Last Agent to Sell the Property

Denise Mei

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #3253049 Listed on: 03/22/2023

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Nicole Mei

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #3268662

Last Buyer's Agent

Moriah Taliaferro

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3298923

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,748

Year Built

  • Built in 1936

Lot Details

  • 0.36 Acre Lot
  • 63 Feet of Ocean or Gulf Waterfront
  • Street terminates at a dead end
  • East Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Property is zoned RE2

Parking

  • 3 Car Garage
  • Electric Vehicle Home Charger
  • Ground Level Parking
  • Garage Door Opener
  • Driveway
  • Golf Cart Garage

Home Design

  • Key West Architecture
  • Turnkey
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 4,676 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Awning
  • Blinds
  • Sliding Doors
  • Full Gulf or Ocean Views
  • Crawl Space
  • High Impact Windows

Kitchen

  • Indoor Grill
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Visitor Bathroom
  • Accessible Bedroom

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Shower

Outdoor Features

  • Water access To Gulf or Ocean
  • Seawall
  • Rip-Rap
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill
  • Private Mailbox
  • Rear Porch

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Central Air
  • Heating Available
  • Underground Utilities
  • Propane
  • Water Filtration System
  • Electric Water Heater
  • Water Purifier
  • Water Softener
  • Cable TV Available

Additional Features

  • Guest House
  • Flood Zone Lot

Community Details

  • No Home Owners Association
  • Point Of Rocks Community
  • White Beach Fruit Co Prop Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,748

Year Built

Built in 1936

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Key West
  • Construction Materials: Vinyl Siding
  • Fireplace: No
  • Living Area: 4676
  • Lot Size Acres: 0.36
  • New Construction: No
  • Year Built: 1936
  • Accessibility Features: Accessible Bedroom, Visitor Bathroom
  • Building Area Total: 6162
  • Lot Size Sq Ft: 15523
  • Directions to Property: Stickney Point Road, South on Midnight Pass Road, West on Point of Rocks Road.
  • Status: Sold
  • Co List Office Mls Id: MFR281502395
  • Co List Office Phone: 941-349-3444
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 1144.14
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Wood
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Master Bedroom Upstairs, Open Floorplan, Skylight(s), Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Indoor Grill, Microwave, Range, Range Hood, Refrigerator, Washer, Water Filtration System, Water Purifier, Water Softener, Wine Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 6
  • Levels: Two
  • Spa Yn: No
  • Stories: 2
  • Window Features: Blinds, Impact Glass/Storm Windows
  • Street Number Modifier: 7340
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 434.41
  • Room Count: 10

Exterior Features

  • Direction Faces: East
  • Other Structures: Guest House
  • Pool Features: Gunite, In Ground
  • Exterior Features: Awning(s), Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Private Mailbox, Sliding Doors, Storage
  • Roof: Metal
  • Pool Private: Yes
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Rear Porch
  • Road Surface Type: Asphalt, Concrete
  • Water Access: Gulf/Ocean
  • Water Extras: Riprap,Seawall - Other
  • Water Extras YN: 1
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 63
  • Flood Zone Date: 2023-02-13
  • Water Frontage Feet Gulf Ocean: 63

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Electric Vehicle Charging Station(s), Garage Door Opener, Golf Cart Garage, Ground Level, Guest, Oversized

Utilities

  • Utilities: Cable Connected, Propane, Public, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RE2
  • Parcel Number: 0108320014
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone, Street Dead-End
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 1442

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Sarasota County

Tax Info

  • Tax Annual Amount: 41748.29
  • Tax Block: B
  • Tax Book Number: A-11
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Gulf/Ocean

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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
10/24/2023 10/24/23 Sold $5,350,000 -10.8% $1,144 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
07/31/2023 07/31/23 For Sale $5,999,900 0.0% $1,283 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
07/11/2023 07/11/23 Price Changed $5,999,900 0.0% $1,283 / Sq Ft
07/11/2023 07/11/23 For Sale $5,999,900 +12.1% $1,283 / Sq Ft
06/29/2023 06/29/23 Off Market $5,350,000 -- --
05/22/2023 05/22/23 Price Changed $6,800,000 -1.4% $1,454 / Sq Ft
04/27/2023 04/27/23 Price Changed $6,900,000 -12.7% $1,476 / Sq Ft
03/22/2023 03/22/23 For Sale $7,900,000 +107.9% $1,689 / Sq Ft
03/24/2021 03/24/21 Sold $3,800,000 -5.0% $890 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
03/05/2020 03/05/20 For Sale $4,000,000 -- $937 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4564248

Stellar MLS

APN: 0108-32-0014