NOT LISTED FOR SALE

7360 Point of Rocks Rd Sarasota, FL 34242

Siesta Key Neighborhood

Estimated Value: $5,184,737 - $9,244,000

5 Beds
5.5 Baths
6,971 Sq Ft
$929/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $4,850,000 $696 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $40,487/month

345 Days on Market

Highlights

  • 203 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Full Gulf or Ocean Views
  • Phillippi Shores Elementary School Rated A
  • Screened Pool
  • Custom Home

About This Home

As of November 2021

Sited on 208 feet along the unique, pristine Point of Rocks shoreline, with approximately 1.2 sprawling Gulf-front acres, this landmark property conjures a boundless horizon reminiscent of a California coastline. With 180 degrees of panoramic views, this property is gated, private, and offers a rare gulf-front experience. The value is entirely in the land, therefore, opportunities exist in either razing or updating the existing home which was completely rebuilt in the mid-‘90s but is in major disrepair at present. If one were to restore the home, it’s walls of glass capture breathtaking water vistas and the beauty of its surrounding nature. The living space allows an independent wings for guests, as well as the owners private retreat. The public rooms offer a comfortable expanse of space to easily accommodate large gatherings. There’s a terraced lanai area with a quartz pool. If someone prefers to create the masterpiece estate home that this land deserves, the owners have left the structure in the event there is upside in using its footprint. There’s plenty of room for tennis court to complete a compound. Delight in complete beachfront privacy and the unrivaled drama of towering over 13ft. above sea level, where the sparkling, aquamarine waters of the Gulf of Mexico create an invigorating panorama found in few places around the world.

Last Listed By

Kim Ogilvie

MICHAEL SAUNDERS & COMPANY License #0412475 Listed on: 11/04/2020

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,643

Year Built

  • Built in 1993

Lot Details

  • 1.22 Acre Lot
  • 203 Feet of Waterfront
  • Property fronts gulf or ocean
  • Northeast Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Well Sprinkler System
  • Fruit Trees
  • Property is zoned RE2

Home Design

  • Custom Home
  • Contemporary Architecture
  • Bi-Level Home
  • Stem Wall Foundation
  • Wood Frame Construction
  • Built-Up Roof

Interior Spaces

  • 6,971 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Bonus Room
  • Storage Room
  • Inside Utility
  • Full Gulf or Ocean Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters

Parking

  • 3 Carport Spaces
  • Driveway
  • Secured Garage or Parking

Pool

  • Screened Pool
  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • Seawall
  • Deck
  • Screened Patio
  • Porch

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Tankless Water Heater
  • Water Purifier
  • Cable TV Available

Community Details

  • No Home Owners Association
  • White Beach Fruit Co Property Community
  • White Beach Fruit Co Property Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,643

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Custom
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 6971
  • Lot Size Acres: 1.22
  • New Construction: No
  • Year Built: 1993
  • Building Area Total: 11451
  • Lot Size Sq Ft: 53265
  • Directions to Property: Stickney Point Road, south on Midnight Pass Road, west on Point of Rocks Road.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4482197?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4482197?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 0024
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.9798
  • Price per Sq Ft: 695.74
  • Close to Original List Price Ratio: 0.81513
  • Ratio: Current Price\Building Area Total: 423.54
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Central Vaccum, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer, Water Purifier Owned
  • Foundation Details: Crawlspace, Stem Wall
  • Total Bedrooms: 5
  • Levels: Two
  • Window Features: Window Treatments
  • Street Number Modifier: 7360
  • Room Count: 13
  • Additional Rooms: Bonus Room, Family Room, Inside Utility, Storage Rooms

Exterior Features

  • Direction Faces: Northeast
  • Pool Features: In Ground, Screen Enclosure
  • Exterior Features: Hurricane Shutters, Irrigation System, Sliding Doors
  • Roof: Built-Up
  • Pool Private: Yes
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water View: Gulf/Ocean - Full
  • Water Access: Gulf/Ocean
  • Water Extras: Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 203
  • Water Frontage Feet Gulf Ocean: 203
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 3
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Driveway
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Sprinkler Well
  • Cooling: Central Air, Zoned
  • Heating: Central, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Secured Garage/Parking, Security System Owned
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: RE2
  • Parcel Number: 0108320007
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Oversized Lot
  • Flood Zone Code: A
  • Future Land Use: 0100
  • Zoning Compatible Y N: Yes

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 43642.56
  • Tax Block: B
  • Tax Book Number: 000A/0011
  • Tax Lot: 7

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2020
Closed on
Nov 30, 2021
Sold by
Cieland Isobel Mary
Bought by
Point Of Rocks Llc
Seller's Agent
Kim Ogilvie
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
List Price
$4,950,000
Sold Price
$4,850,000
Premium/Discount to List
-$100,000
-2.02%
Total Days on Market
345
Current Estimated Value
$6,473,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,623,434
Avg. Annual Appreciation
3.55%

Purchase Details

Closed on
Mar 30, 2016
Sold by
Barzell Winston E I and Barzell Elizabeth
Bought by
Cleland Bruce Lester and Cleland Isobel Mary

Purchase Details

Closed on
Feb 16, 2000
Sold by
Barzell Winston E and Barzell Elizabeth
Bought by
Barzell Winston E I

Range of Values:

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Average Value
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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
Point Of Rocks Llc $4,850,000 Attorney
Cleland Bruce Lester -- Attorney
Barzell Winston E I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barzell Winston E $250,000
Previous Owner Barzell Winston E I $2,474,000
Previous Owner Barzell Winston E I $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $4,850,000 -2.0% $696 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
09/24/2021 09/24/21 Price Changed $4,950,000 0.0% $710 / Sq Ft
09/24/2021 09/24/21 For Sale $4,950,000 +2.1% $710 / Sq Ft
02/08/2021 02/08/21 Off Market $4,850,000 -- --
11/04/2020 11/04/20 For Sale $5,950,000 -- $854 / 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 $53,099 $4,913,590 -- --
2023 $53,099 $4,466,900 $3,845,300 $621,600
2022 $49,378 $4,108,800 $3,594,100 $514,700
2021 $47,493 $3,821,000 $2,785,300 $1,035,700
2020 $45,461 $3,573,500 $2,754,400 $819,100
2019 $42,924 $3,419,800 $2,537,700 $882,100
2018 $0 $3,038,200 $2,207,000 $831,200
2017 $40,768 $3,149,800 $2,207,000 $942,800
2016 $23,722 $3,524,100 $2,553,200 $970,900
2015 $24,180 $4,077,500 $2,384,000 $1,693,500
2014 $24,106 $1,744,383 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Ogilvie

    Seller's Agent in 2021

    Kim Ogilvie

    Michael Saunders

    (941) 376-1717

    17 in this area

    120 Total Sales

    Kim Ogilvie
    Section Image
  • Ian Addy, PA

    Buyer's Agent in 2021

    Ian Addy, PA

    Michael Saunders

    (941) 961-8850

    6 in this area

    118 Total Sales

    Ian Addy, PA
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See All Agents

Map

Source: Stellar MLS

MLS Number: A4482197

Stellar MLS

APN: 0108-32-0007

Florida Sarasota County Sarasota 34242 Siesta Key

7360 Point of Rocks Rd, Sarasota, FL

Homes for Sale in Sarasota, FL

This home is located at 7360 Point of Rocks Rd, Sarasota, FL 34242 since 04 November 2020 and is currently estimated at $6,473,434, approximately $928 per square foot. This property was built in 1993. 7360 Point of Rocks Rd is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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