NOT LISTED FOR SALE

7808 Sanderling Rd Sarasota, FL 34242

Estimated Value: $3,948,000 - $10,279,082

1 Bed
1 Bath
504 Sq Ft
$14,114/Sq Ft Est. Value

Last Sold December 04, 2017

Last sale price $3,250,000 $6,448 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $45,753/month

13 Days on Market

Highlights

  • 150 Feet of Ocean or Gulf Waterfront
  • Community Boat Slip
  • Guest House
  • Phillippi Shores Elementary School Rated A
  • Boat Slip Deeded Off-Site
  • Water access To Gulf or Ocean

About This Home

As of December 2017

A brand new coastal modern 4,900 sq ft home has already been permitted and the variance has been granted on this magnificent Gulf front lot in the secure, gated and historic Sanderling Club on Siesta Key. The existing guest cottage will be remodeled to complement the gorgeous new home seaward of it which will feature 180 degree views of the Gulf waters and its beaches. The listed price includes the .82 acre property, the guest house, all of the permitting and plans. Please see the attachments to review the survey, variance and permit. Your new home can be underway almost immediately. The architect is finalizing the rendering and it will be online soon. You may use the builder who is currently working on the project, or select one of your own. Either way, your new home will be completed much sooner than any other raw land project since the permitting has already been done. Call today for details and to schedule a showing.

Last Agent to Sell the Property

Cathy Rustin

FIRST LIGHT REAL ESTATE License #3332179 Listed on: 10/06/2017

Last Buyer's Agent

Mike Holderness

SARABAY REAL ESTATE INC License #0593277

SARABAY REAL ESTATE INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,945

Year Built

  • Built in 1955

Lot Details

  • 0.86 Acre Lot
  • 150 Feet of Ocean or Gulf Waterfront
  • East Facing Home
  • Mature Landscaping
  • Property is zoned RE2

HOA Fees

  • $267 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Pile Dwellings

Interior Spaces

  • 504 Sq Ft Home
  • Full Gulf or Ocean Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Water access To Gulf or Ocean
  • Boat Slip Deeded Off-Site
  • Balcony

Schools

  • Gulf Gate Elementary School
  • Brookside Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Guest House
  • Flood Zone Lot

Listing and Financial Details

  • Legal Lot and Block 10 / A
  • Assessor Parcel Number 0127050003

Community Details

Overview

  • Sanderling Club Community
  • Siesta Properties Inc Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Recreation

  • Community Boat Slip
  • Tennis Courts
  • Community Playground

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,945

Year Built

Built in 1955

Lot Details

0.86 Acres

HOA Fees

$267 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 504
  • Lot Size Acres: 0.86
  • New Construction: No
  • Year Built: 1955
  • Building Area Total: 1514
  • Lot Size Sq Ft: 37586
  • Status: Sold
  • Co List Office Mls Id: MFR281518938
  • Co List Office Phone: 941-954-5454
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 6448.41
  • Total Acreage: 1/2 Acre to 1 Acre
  • Water Access YN: 1
  • Planned Unit Development Yn: 0
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 1
  • Interior Amenities: Other
  • Appliances Included: None
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Guest House
  • Exterior Features: Balcony
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Disclosures: Lead Paint
  • Water Access: Gulf/Ocean
  • Water Extras: Dock - Slip Deeded Off-Site
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 150
  • Flood Zone Panel: 12115C0207F
  • Water Frontage Feet Gulf Ocean: 150

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None

Utilities

  • Utilities: Cable Available, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Gated, Playground, Tennis Courts, Water Access, Waterfront Complex
  • Association Amenities: Boat Slip, Gated, Playground, Security, Tennis Court(s)
  • Association Fee: 3200
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 266.67

Schools

  • Elementary School: Gulf Gate Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RE2
  • Parcel Number: 0127050003
  • Additional Parcels: No
  • Lot Features: FloodZone, In County
  • Property Attached Yn: No
  • Flood Zone Code: VE

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: May be rented to a single family approved by the Membership Committee only when the owner and his family are absent.

Tax Info

  • Tax Annual Amount: 27945
  • Tax Block: A
  • Tax Book Number: 4-70
  • Tax Lot: 10

Multi Family

  • Waterfront Features: Gulf/Ocean
  • Approval Process: Application form, 3 personal letters of reference, 1 financial reference, 14 days before scheduled meeting with Admission Committee, consent to background check

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2017
Closed on
Nov 29, 2017
Sold by
Londaon Sanderlin Holdings Llc
Bought by
Nateman David R and Nateman Kathleen J
Seller's Agent
Cathy Rustin
FIRST LIGHT REAL ESTATE
Buyer's Agent
Mike Holderness
SARABAY REAL ESTATE INC
List Price
$3,500,000
Sold Price
$3,250,000
Premium/Discount to List
-$250,000
-7.14%
Current Estimated Value
$7,106,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,856,772
Avg. Annual Appreciation
9.95%

Purchase Details

Closed on
Jul 3, 2017
Sold by
Siesta Key Landholsdings Llc
Bought by
London Saederling Holdings Llc

Purchase Details

Closed on
May 31, 2016
Sold by
Siesa Key Landholdings Llc
Bought by
7808 Sanderling Llc

Purchase Details

Listed on
Apr 15, 2010
Closed on
Sep 8, 2012
Sold by
Kramer Barry L and Kramer Monica C
Bought by
Siesta Key Landholdings Llc
Buyer's Agent
Stephanie Church
COLDWELL BANKER REALTY
List Price
$1,790,000
Sold Price
$1,790,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.77%
Original Mortgage
$1,253,000
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 1999
Sold by
Rogers Kenneth R and Rogers Karen L Hunt
Bought by
Kramer Barry L and Kramer Monica C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 18, 1996
Sold by
Teicher Louis and Teicher Betty G
Bought by
Rogers Kenneth R and Rogers Karen L Hunt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.05%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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
Nateman David R $3,250,000 Attorney
London Saederling Holdings Llc -- None Available
7808 Sanderling Llc $500,000 None Available
Siesta Key Landholdings Llc $1,790,000 Attorney
Kramer Barry L $1,200,000 --
Kramer Barry L $1,200,000 --
Rogers Kenneth R $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Siesta Key Landholdings Llc $1,253,000
Previous Owner Kramer Barry L $1,200,000
Previous Owner Rogers Kenneth R $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/06/2018 03/06/18 Off Market $3,250,000 -- --
12/04/2017 12/04/17 Sold $3,250,000 -7.1% $6,448 / Sq Ft
10/20/2017 10/20/17 Pending -- -- --
10/06/2017 10/06/17 For Sale $3,500,000 +95.5% $6,944 / Sq Ft
09/12/2012 09/12/12 Sold $1,790,000 0.0% $521 / Sq Ft View Prior Sale
03/11/2012 03/11/12 Pending -- -- --
04/15/2010 04/15/10 For Sale $1,790,000 -- $521 / Sq Ft
Source: Stellar MLS

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
2025 $106,944 $8,755,967 -- --
2024 $41,331 $9,348,400 -- --
2023 $41,331 $3,741,500 $3,728,000 $13,500
2022 $39,973 $3,719,400 $3,707,900 $11,500
2021 $35,109 $2,917,100 $2,905,600 $11,500
2020 $32,502 $2,575,000 $2,521,900 $53,100
2019 $30,583 $2,432,400 $2,375,700 $56,700
2018 $31,288 $2,484,700 $2,412,200 $72,500
2017 $23,810 $1,850,600 $1,781,800 $68,800
2016 $27,945 $2,113,800 $1,733,600 $380,200
2015 $31,555 $2,617,100 $2,246,700 $370,400
2014 $24,419 $1,565,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4197614

Stellar MLS

APN: 0127-05-0003

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