$800,000
SOLD MAR 12, 2025

838 Norsota Way Sarasota, FL 34242

3 Beds
2 Baths
2,182 Sq Ft
0.32 Acres

Recently Sold

$367 Per Sq Ft

11% Below List Price

3 Days on Market

Highlights

  • In Ground Pool
  • View of Trees or Woods
  • No HOA
  • Phillippi Shores Elementary School Rated A
  • Great Room
  • Circular Driveway

About This Home

As of March 2025

NEW BUILD OPPORTUNITY in Bay Island on quiet north Siesta Key street with minimal traffic to and from the mainland. Home damaged from storms. Being sold for LAND VALUE ONLY. Sizable rectangular lot of .32 acre. Property is surrounded by multi-million dollar homes and bayfront estates and located just across the bridge. A 5-minute drive to Publix; bike ride to Siesta Key Village (2.4 miles) for shops and dining or to Siesta Key's famous, white quartz sand beaches. Very short walk to beautiful Nora Patterson Bay Island Park at the very eastern tip of Bay Island with picnic tables, benches, fishing and walking paths. This zoned single-family lot holds tremendous potential and worthy of builder consideration for your island dream home.

Last Agent to Sell the Property

Roger Clyne

PREFERRED SHORE LLC Brokerage Phone: 941-999-1179 License #3037709 Listed on: 11/09/2024

PREFERRED SHORE LLC

Last Buyer's Agent

Faith Stutzman

THE STUTZMAN REALTY GROUP, LLC License #3569048

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,914

Year Built

  • Built in 1967

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 83x168
  • North Facing Home
  • Oversized Lot
  • Level Lot
  • Property is zoned RSF1

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,182 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Tile Flooring
  • Views of Woods

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Private Mailbox

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • Bay Island Community
  • Bay Island Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,914

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2182
  • Lot Size Acres: 0.32
  • New Construction: No
  • Year Built: 1967
  • Building Area Total: 2582
  • Lot Size Sq Ft: 13815
  • Directions to Property: Siesta Key Drive to Siesta Key, cross bridge, first right across from Bay Island Park is Norsota. Property is down on left side.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 508758250
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 366.64
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-999-1179
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ninguno
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 838
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 202.71
  • Room Count: 3

Exterior Features

  • Direction Faces: North
  • Pool Features: In Ground
  • Exterior Features: Other, Private Mailbox
  • Roof: Shingle
  • Pool Private: Yes
  • View: Trees/Woods
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: None
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0141G
  • Additional Water Information: Sarasota Bay across street. Easy walk to a waterfront park.

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway

Utilities

  • Utilities: Public
  • Cooling: None
  • Heating: None
  • Laundry Features: None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2019090022
  • Additional Parcels: No
  • Lot Features: Level, Oversized Lot, Paved
  • Lot Dimensions: 83x168
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 1283

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please refer to City of Sarasota lease restrictions.

Tax Info

  • Tax Annual Amount: 12914.26
  • Tax Book Number: 2-171
  • Tax Lot: 200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2024
Closed on
Mar 12, 2025
Sold by
Collins Karen M and Millbourn Jean G
Bought by
M & J Pham Development Llc
Seller's Agent
Roger Clyne
PREFERRED SHORE LLC
Buyer's Agent
Faith Stutzman
THE STUTZMAN REALTY GROUP, LLC
List Price
$895,000
Sold Price
$800,000
Premium/Discount to List
-$95,000
-10.61%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17944.66%
Original Mortgage
$2,200,000
Outstanding Balance
$2,194,440
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$2,023,706

Purchase Details

Closed on
Apr 1, 1999
Sold by
Millbourn Jean G and Millbourn Albert H
Bought by
Millbourn Jean G and Collins Karen M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $800,000 None Listed On Document
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,200,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2025 07/06/25 For Sale $1,350,000 +68.8% --
03/12/2025 03/12/25 Sold $800,000 -10.6% $367 / Sq Ft
11/12/2024 11/12/24 Pending -- -- --
11/09/2024 11/09/24 For Sale $895,000 -- $410 / 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 $12,914 $935,770 -- --
2023 $12,914 $850,700 $691,500 $159,200
2022 $3,841 $273,304 $0 $0
2021 $3,781 $265,344 $0 $0
2020 $3,815 $261,680 $0 $0
2019 $3,710 $255,797 $0 $0
2018 $3,644 $251,027 $0 $0
2017 $3,597 $245,864 $0 $0
2016 $3,569 $464,600 $295,700 $168,900
2015 $3,620 $486,500 $339,300 $147,200
2014 $3,612 $233,729 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4628296

Stellar MLS

APN: 2019-09-0022