Seller's Agent in 2021
Kim Ogilvie
Michael Saunders
(941) 376-1717
17 in this area
115 Total Sales
7360 Point of Rocks Rd Sarasota, FL 34242
Estimated Value: $1,773,000 - $8,176,000
5
Beds
5.5
Baths
6,971
Sq Ft
$718/Sq Ft
Est. Value
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 2021Sited 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 Agent to Sell the Property
MICHAEL SAUNDERS & COMPANY License #0412475 Listed on: 11/04/2020
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
- Homestead Exemption
- Visit Down Payment Resource Website
- Legal Lot and Block 7 / B
- Assessor Parcel Number 0108320007
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%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,048
Avg. Annual Appreciation
7.83%
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
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Home Values in the Area
Average Home Value in this Area
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
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
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
-
Ian Addy, PA
Buyer's Agent in 2021
Ian Addy, PA
Michael Saunders
(941) 961-8850
6 in this area
114 Total Sales
Map
Source: Stellar MLS
MLS Number: A4482197
APN: 0108-32-0007
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