Seller's Agent in 2024
Bill McCue
BRIGHT REALTY
(941) 260-2794
9 in this area
93 Total Sales
Crescent Royale 777 Beach Rd Unit 5A Sarasota, FL 34242
Estimated Value: $821,000 - $914,000
2
Beds
2
Baths
1,166
Sq Ft
$1,365/mo
HOA Fee
Highlights
- Beach View
- Beach Access
- 0.63 Acre Lot
- Phillippi Shores Elementary School Rated A
- Gated Community
- 5-minute walk to Siesta Key Playground
About This Home
As of April 2024PERFECTLY RENOVATED AND RARE TURNKEY OPPORTUNITY on the 5th Floor of Building 777 in Sought After & Gated CRESCENT ROYALE! As you walk through the door, you’ll be "wowed" with the direct view of the Gulf of Mexico & Siesta Key Beach! Stunning full gulf views, beachfront fun, fabulous amenities and nearby activities from this turnkey furnished end-unit with outstanding rental income potential. Siesta Beach, well known for its incredible sunsets, pristine quartz sand, and beautiful turquoise water, is directly across the street. This FULLY RENOVATED AND FURNISHED, 2 bedroom, 2 bath condo is located in Crescent Royale, a welcoming community in close proximity to all of the shopping, restaurants, and amenities that Siesta Key has to offer. You will love this unit from the moment you enter. This 5th floor end unit offers a full open concept plan, a brand new kitchen that is not only fully soft-close, but also features pull out cabinet shelving, Quartz countertops and new appliances. The main area boasts wood-look plank tile and a hurricane impact sliding glass door that leads to a spacious screened lanai. The primary bedroom is large enough for two queen beds which fit comfortably in the space to maximize rental income. The en-suite bathroom has also been fully renovated with new cabinetry, counter tops, fixtures and walk in-shower with gorgeous new tile. If that’s not enough the second bedroom in this split plan offers two twin beds as well as a beautiful, brand new bathroom with walk in shower. Every inch of this condo has been cared for, A/C with UV system 2016, water heater 2017, all kitchen appliances 2021. When you are ready for a day at the beach there is a storage locker for all your beach gear, conveniently located next to the elevator. This unit is completely move-in ready, just bring your flip-flops and your toothbrush! Generating income is a breeze, you can either rent the property yourself or with the on-site full-service manager. One-week minimum rentals are allowed, this unit sleeps up to six. Security Gates & paved entryway will greet you upon entering and you'll have your own, assigned covered carport space. You’ll be greeted with a professional and friendly staff from management to maintenance on site who handle all aspects of property management. Crescent Royale also features a new state-of-the-art fitness center, gas grills & tables with umbrellas for a cookout, shuffleboard court, Olympic style heated pool, pool table in the air-conditioned lounge, elevators, recreation room & a handicap accessible banquet room with a kitchen. Move-in this comfortable & stylish condo or cash flow it as a rental (or both)! You are only steps away from the #1 Beach in the USA "Siesta Beach". Walk to Siesta Key Village or jump on a trolley to enjoy a nice meal or go shopping. Plenty of things to do on Siesta Key ... rent a bike/scooter/kayak for a day and there are many fine restaurants to dine at! Weekly rentals make it very popular for investors or make this your 2nd home or your Sarasota get away in between tenants. All three buildings in Crescent Royale have passed the Milestone Inspections, and the budget is financially stable.
Last Agent to Sell the Property
BRIGHT REALTY Brokerage Phone: 941-552-6036 License #3050320 Listed on: 02/02/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,985
Year Built
- Built in 1970
Lot Details
- End Unit
- East Facing Home
HOA Fees
- $1,365 Monthly HOA Fees
Property Views
Home Design
- Slab Foundation
- Built-Up Roof
- Block Exterior
Interior Spaces
- 1,166 Sq Ft Home
- Open Floorplan
- Ceiling Fan
- Sliding Doors
- Great Room
- Family Room Off Kitchen
- Combination Dining and Living Room
- Storage Room
- Laundry in Hall
Kitchen
- Range
- Microwave
- Dishwasher
- Solid Surface Countertops
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 2 Full Bathrooms
Home Security
Parking
- 1 Carport Space
- 1 Parking Garage Space
Outdoor Features
- Beach Access
- Water access To Gulf or Ocean
- Balcony
- Covered Patio or Porch
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Sarasota High School
Utilities
- Central Air
- Heating Available
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 5A
- Assessor Parcel Number 0107024005
Community Details
Overview
- Association fees include cable TV, common area taxes, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, pest control, sewer, trash, water
- Sal Picerno Association, Phone Number (941) 349-7766
- Crescent Royale Community
- Crescent Royale 3 Subdivision
- The community has rules related to deed restrictions
- 7-Story Property
Amenities
- Clubhouse
- Laundry Facilities
- Elevator
- Community Mailbox
Recreation
Pet Policy
- No Pets Allowed
Security
- Gated Community
- High Impact Windows
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 2, 2024
Closed on
May 9, 2024
Sold by
Lodes Christopher and Murphy-Lodes Jessica
Bought by
Christopher A Lodes And Jessica A Murphy Revo and Lodes
Seller's Agent
Bill McCue
BRIGHT REALTY
Buyer's Agent
Joseph Kesslak
COLDWELL BANKER REALTY
List Price
$985,000
Sold Price
$920,000
Premium/Discount to List
-$65,000
-6.6%
Views
97
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
-$51,775
Avg. Annual Appreciation
-4.01%
Original Mortgage
$690,000
Outstanding Balance
$680,712
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$190,941
Purchase Details
Listed on
Feb 2, 2024
Closed on
Apr 26, 2024
Sold by
Warthan-Sharp Trust and Warthan Daniel Keith
Bought by
Lodes Christopher and Murphy-Lodes Jessica
Seller's Agent
Bill McCue
BRIGHT REALTY
Buyer's Agent
Joseph Kesslak
COLDWELL BANKER REALTY
List Price
$985,000
Sold Price
$920,000
Premium/Discount to List
-$65,000
-6.6%
Views
97
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Outstanding Balance
$680,712
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$190,941
Purchase Details
Closed on
Mar 21, 2011
Sold by
Warthan Daniel K and Sharp Warthan Jennifer
Bought by
Warthan Daniel Keith and Sharp Warthan Jennifer
Purchase Details
Closed on
Jan 28, 2009
Sold by
Berlin Dennis L
Bought by
Warthan Daniel K and Sharp Warthan Jennifer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.24%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 29, 2003
Sold by
Berlin Dennis L and Berlin Mary Ann
Bought by
Berlin Dennis L
Purchase Details
Closed on
Aug 27, 1999
Sold by
Ogle Thomas A and Ogle Charles Earl
Bought by
Berlin Dennis L and Berlin Maryann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.73%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Christopher A Lodes And Jessica A Murphy Revo | $100 | None Listed On Document | |
| Lodes Christopher | $920,000 | None Listed On Document | |
| Warthan Daniel Keith | -- | Attorney | |
| Warthan Daniel K | $600,000 | Attorney | |
| Berlin Dennis L | -- | -- | |
| Berlin Dennis L | $265,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lodes Christopher | $690,000 | |
| Previous Owner | Sharp Warthan Jennifer | $333,750 | |
| Previous Owner | Warthan Daniel K | $480,000 | |
| Previous Owner | Berlin Dennis L | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/29/2024 04/29/24 | Sold | $920,000 | -6.6% | $789 / Sq Ft |
| 03/16/2024 03/16/24 | Pending | -- | -- | -- |
| 02/02/2024 02/02/24 | For Sale | $985,000 | -- | $845 / 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 | $8,985 | $685,538 | -- | -- |
| 2023 | $8,985 | $834,400 | $0 | $834,400 |
| 2022 | $8,311 | $766,700 | $0 | $766,700 |
| 2021 | $6,084 | $466,600 | $0 | $466,600 |
| 2020 | $6,083 | $457,300 | $0 | $457,300 |
| 2019 | $6,568 | $500,500 | $0 | $500,500 |
| 2018 | $6,440 | $490,800 | $0 | $490,800 |
| 2017 | $6,808 | $511,300 | $0 | $511,300 |
| 2016 | $6,648 | $500,300 | $0 | $500,300 |
| 2015 | $6,042 | $430,100 | $0 | $430,100 |
| 2014 | $5,803 | $392,480 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bill McCue
-
Cheryl McCue
C
Seller Co-Listing Agent in 2024
Cheryl McCue
BRIGHT REALTY
(941) 807-0091
2 in this area
21 Total Sales
-
Joseph Kesslak
Buyer's Agent in 2024
Joseph Kesslak
COLDWELL BANKER REALTY
(814) 659-8585
35 in this area
44 Total Sales
About Crescent Royale
Map
Source: Stellar MLS
MLS Number: A4597932
APN: 0107-02-4005
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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