NOT LISTED FOR SALE

Crescent Royale 777 Beach Rd Unit 5D Sarasota, FL 34242

Estimated Value: $790,000 - $912,000

2 Beds
2 Baths
1,174 Sq Ft
$1,365/mo HOA Fee

Last Sold April 12, 2024

Last sale price $885,000 $754 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $6,612/month

74 Days on Market

Highlights

  • Beach View
  • Beach Access
  • Gated Community
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • 5-minute walk to Siesta Key Playground

About This Home

As of April 2024

Opportunity and rarely available! Full gulf/sunset views and overlooking the #1 Siesta Key Beach, this nicely updated fifth floor condominium in the gated community Crescent Royale, comes turnkey furnished with a fully equipped kitchen with stainless steel appliances and quartz counter tops. The outstanding location right across from Siesta Key Beach provides easy access to all the fun activities Siesta Key has to offer, both day & night. One-week minimum rentals with a full-service concierge and an on-site manager. This unit is fully available for the new owner to use for himself for the season, or to rent. Community amenities include a large, heated pool, barbeque area with picnic tables, fitness, shuffleboard court, clubhouse, and game room. The laundry facility and individual storage space are conveniently located on elevator landing right outside unit. Unit comes with one assigned carport. Your new home on the beach awaits!

Last Agent to Sell the Property

Helena Nordstrom

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3218328 Listed on: 01/06/2024

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Co-Listed By

Per Nordstrom

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3218228

Last Buyer's Agent

Melba Jimenez, PA

MICHAEL SAUNDERS & COMPANY License #3018407

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,198

Year Built

  • Built in 1970

Lot Details

  • 0.63

HOA Fees

  • $1,365 Monthly HOA Fees

Property Views

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Cement Siding
  • Stucco

Interior Spaces

  • 1,174 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Laundry in Hall

Kitchen

  • Convection Oven
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 1 Carport Space
  • Ground Level Parking
  • Open Parking
  • 1 Assigned Parking Space

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Balcony

Utilities

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

Additional Features

  • Accessible Approach with Ramp
  • Northeast Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, management, pest control, recreational facilities, security, trash, water
  • Crescent Royale Community
  • Crescent Royale 3 Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • 7-Story Property

Amenities

  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Recreation Facilities

Pet Policy

  • No Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,198

Year Built

Built in 1970

Lot Details

0

HOA Fees

$1,365 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Security, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Cement Siding, Stucco
  • Fireplace: No
  • Living Area: 1174
  • New Construction: No
  • Year Built: 1970
  • Accessibility Features: Accessible Approach with Ramp
  • Building Area Total: 1262
  • Directions to Property: Siesta Key - either north or south bridge take you to Beach Rd. Gated entrance is directly across from the north public beach parking.
  • Status: Sold
  • Co List Office Mls Id: MFR281519790
  • Co List Office Phone: 941-364-4000
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 5
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 753.83
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • AG Exemption YN: 0
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 941-364-4000
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Electric Water Heater, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 7
  • Window Features: Blinds
  • Street Number Modifier: 777
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 109.07
  • Room Count: 8

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Built-Up
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEX - SIESTA KEY BEACH
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure
  • Water Access: Beach,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0143F

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Ground Level, Guest, Open

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, Gated Community - No Guard, Pool, Sidewalks
  • Association Amenities: Elevator(s), Fitness Center, Gated, Laundry, Maintenance, Pool, Recreation Facilities, Storage
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Building Name Number: 777
  • Condo Fees: 4095
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 1365

Fee Information

  • Total Annual Fees: 16380.00
  • Total Monthly Fees: 1365.00

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0107024024
  • Additional Parcels: No
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Verify with Association

Tax Info

  • Tax Annual Amount: 8198
  • Tax Book Number: 960-1575
  • Tax Lot: 0

Multi Family

  • Approval Process: Verify with Association

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2024
Closed on
Apr 12, 2024
Sold by
Ovin Rickard H E and Ovin Eva Katarina
Bought by
Commodore Vacation Holdings Llc
Seller's Agent
Helena Nordstrom
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Melba Jimenez, PA
MICHAEL SAUNDERS & COMPANY
List Price
$910,000
Sold Price
$885,000
Premium/Discount to List
-$25,000
-2.75%
Views
140
Current Estimated Value
$837,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,265
Avg. Annual Appreciation
-3.96%

Purchase Details

Closed on
Apr 17, 2017
Sold by
Vespoli Wayne J and Vespoli Lynda W
Bought by
Ovin Rickard He and Ovin Eva Katarina

Purchase Details

Closed on
Jun 17, 2011
Sold by
Benjamin Amy J
Bought by
Vespoli Wayne J and Vespoli Lynda W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,750
Interest Rate
4.71%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Commodore Vacation Holdings Llc $885,000 Msc Title
Ovin Rickard He $595,000 Msc Title Inc
Vespoli Wayne J $449,000 First Intl Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vespoli Wayne J $336,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $885,000 -1.6% $754 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
02/18/2024 02/18/24 Price Changed $899,000 -1.2% $766 / Sq Ft
01/06/2024 01/06/24 For Sale $910,000 -- $775 / 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 $8,198 $609,465 -- --
2023 $8,198 $767,800 $0 $767,800
2022 $7,532 $697,200 $0 $697,200
2021 $5,975 $457,900 $0 $457,900
2020 $5,973 $448,700 $0 $448,700
2019 $7,152 $547,800 $0 $547,800
2018 $6,876 $526,100 $0 $526,100
2017 $6,639 $498,200 $0 $498,200
2016 $6,487 $487,500 $0 $487,500
2015 $5,896 $419,100 $0 $419,100
2014 $5,663 $382,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4593114

Stellar MLS

APN: 0107-02-4024