NOT LISTED FOR SALE

Estimated Value: $1,542,996

19 Beds
7.5 Baths
7,950 Sq Ft
$194/Sq Ft Est. Value

Last Sold February 15, 2021

Last sale price $1,100,000 $138 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $9,784/month

3 Days on Market

Highlights

  • Additional Residence on Property
  • Oak Trees
  • Reverse Osmosis System
  • Booker High School Rated A-
  • City View
  • 0.78 Acre Lot

About This Home

As of February 2021

A one-of-a-kind property in the dynamic Rosemary District and an amazing buy in downtown Sarasota. With its historic charm, urban energy and proximity to beautiful Sarasota Bay, the rapidly developing Rosemary District has become a sought-after downtown neighborhood, with hundreds of new luxury apartments and condominiums, cool restaurants and boutiques, nonprofits and art galleries. In the center of it all is Rosemary Court, a complex of four historic homes surrounding courtyard gardens and including a large parking lot. The property is currently home to wellness-related businesses and residential units, and the homes and gardens have been meticulously and lovingly maintained by its current owner for the last 20 years. A private tropical oasis, Rosemary Court is zoned DTE with the Rosemary Overlay Zoning, which includes mixed-use. The owner is retiring; new owners can continue operating it as an investment property, but it would also be perfect for a family or organization looking for a group of homes in a private, gated compound. And while surrounding condos are selling for a million and more each, the entire Rosemary Court property can be purchased for only 1.3 million dollars.

Last Agent to Sell the Property

Mara Daniel

LIVE MODERN License #3408897 Listed on: 12/14/2020

Last Buyer's Agent

Lesley Melahn

PARADISE EXCLUSIVE INC License #682315

PARADISE EXCLUSIVE INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,121

Year Built

  • Built in 1925

Lot Details

  • 0.78 Acre Lot
  • West Facing Home
  • Masonry wall
  • Mature Landscaping
  • Corner Lot
  • Oversized Lot
  • Oak Trees
  • Bamboo Trees
  • Fruit Trees
  • Historic Home
  • Property is zoned DTE

Property Views

  • City
  • Garden

Home Design

  • Florida Architecture
  • Bi-Level Home
  • Wood Frame Construction
  • Shingle Roof
  • Built-Up Roof
  • Wood Siding

Interior Spaces

  • 7,950 Sq Ft Home
  • Partially Furnished
  • Crown Molding
  • Ceiling Fan
  • Decorative Fireplace
  • Blinds
  • French Doors
  • Bonus Room
  • Crawl Space
  • Attic

Kitchen

  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Stone Countertops
  • Solid Wood Cabinet
  • Reverse Osmosis System

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 19 Bedrooms

Laundry

  • Laundry Located Outside
  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Closed Circuit Camera
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • Ground Level Parking
  • On-Street Parking

Accessible Home Design

  • Visitor Bathroom
  • Accessible Bedroom
  • Accessible Common Area
  • Central Living Area
  • Accessible Doors
  • Accessible Approach with Ramp
  • Accessible Entrance

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting

Additional Homes

  • Additional Residence on Property

Location

  • Property is near public transit
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Phone Available

Community Details

  • Rosemary Cemetery Community

Listing and Financial Details

  • Legal Lot and Block 10 / Y
  • Assessor Parcel Number 2026030050

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,121

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Historical
  • Construction Materials: Wood Frame, Wood Siding
  • Fireplace: Yes
  • Living Area: 7950.00
  • Lot Size Acres: 0.78
  • Year Built: 1925
  • Accessibility Features: Accessible Approach with Ramp, Accessible Bedroom, Accessible Central Living Area, Accessible Common Area, Accessible Doors, Accessible Entrance, Visitor Bathroom
  • Building Area Total: 9357.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4486172?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4486172?w=Customer
  • Lot Size Sq Ft: 33812
  • Building Search Sq Meters: 869.29
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4486172?w=PubMLS
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Room Count: 3
  • Fireplace Features: Decorative
  • Living Area Units: Square Feet
  • Additional Rooms: Attic, Bonus Room
  • Flooring: Tile, Wood
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Solid Surface Counters, Solid Wood Cabinets, Stone Counters
  • Appliances Included: Cooktop, Dryer, Exhaust Fan, Gas Water Heater, Kitchen Reverse Osmosis System, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 19
  • Levels: Two
  • Window Features: Blinds
  • Living Area Meters: 738.58

Exterior Features

  • Direction Faces: West
  • Other Structures: Additional Single Family Home
  • Exterior Features: Balcony, Fenced, French Doors, Lighting
  • Roof: Built-Up, Shingle
  • Flood Zone Code: X500
  • View: City, Garden
  • Patio and Porch Features: Patio
  • Road Surface Type: Asphalt

Garage/Parking

  • Parking Features: Curb Parking, Ground Level

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Public, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, In Kitchen, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Rosemary Cemetery
  • Security: Closed Circuit Camera(s), Fire Sprinkler System, Security Lights, Smoke Detector(s)

Lot Info

  • Total Acreage: 1/2 to less than 1
  • Zoning: DTE
  • Parcel Number: 2026030050
  • Fencing: Masonry
  • Lot Features: Corner Lot, In City Limits, Near Public Transit, Oversized Lot, Sidewalk, Street Paved
  • Lot Size Square Meters: 3141

Green Features

  • Green Verification Count: 1

Rental Info

  • Minimum Lease: No Minimum
  • Exist Lse Tenant: Yes
  • Furnished: Partially

Multi Family

  • Currency Monthly Rent Amt: 12740.00

Tax Info

  • Tax Annual Amount: 21121.29
  • Tax Block: Y
  • Tax Book Number: A-6
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2020
Closed on
Feb 15, 2021
Sold by
Rosemary Court Properties Llc
Bought by
Rosemary Piazza Llc
Seller's Agent
Mara Daniel
LIVE MODERN
Buyer's Agent
Lesley Melahn
PARADISE EXCLUSIVE INC
List Price
$1,300,000
Sold Price
$1,100,000
Premium/Discount to List
-$200,000
-15.38%
Current Estimated Value
$1,542,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,996
Avg. Annual Appreciation
7.70%

Purchase Details

Closed on
Feb 1, 2004
Sold by
Downtown Rentals Inc
Bought by
Rosemary Court Prop L L C

Purchase Details

Closed on
Mar 5, 1998
Sold by
Morris Roger C
Bought by
Downtown Rentals Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.95%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Rosemary Piazza Llc $1,100,000 Attorney
Rosemary Court Prop L L C -- --
Downtown Rentals Inc $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Downtown Rentals Inc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2021 02/15/21 Sold $1,100,000 0.0% $138 / Sq Ft
12/17/2020 12/17/20 Pending -- -- --
12/17/2020 12/17/20 Off Market $1,100,000 -- --
12/14/2020 12/14/20 For Sale $1,300,000 -- $164 / 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 $17,301 $1,115,400 -- --
2023 $17,301 $1,014,000 $942,800 $71,200
2022 $16,977 $996,100 $942,800 $53,300
2021 $16,471 $931,600 $880,000 $51,600
2020 $22,312 $1,318,300 $897,400 $420,900
2019 $21,121 $1,303,600 $897,400 $406,200
2018 $19,702 $1,224,600 $862,800 $361,800
2017 $17,363 $933,830 $0 $0
2016 $16,235 $940,900 $591,100 $349,800
2015 $14,582 $772,800 $461,100 $311,700
2014 $13,488 $695,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4486172

Stellar MLS

APN: 2026-03-0050