NOT LISTED FOR SALE

Sarasota, FL 34242

Estimated Value: $4,456,000 - $4,831,976

6 Beds
6 Baths
3,940 Sq Ft
5,663 Sq Ft Lot

Sale Details

Date Sold: October 5, 2020

Last sale price $3,185,000 $808 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $25,708 / mo

28 Days on Market

Highlights

  • Built in 1936 | Newly Remodeled
  • Heated Spa
  • Deck
  • Phillippi Shores Elementary School Rated A
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of October 2020

Under Construction, will be completed in August.
Brand new duplex condo construction directly across from Siesta Key
beach! Each unit is deeded separate. Can be sold separate.
This is as good as it gets. Two, 3 bdrm, 2 1/2 bath units that can
be rented nightly. Built beyond the highest standards. Poured
concrete and block. Steel interior studs. Not cheap wood construction !! 10 ft ceilings. Sprinkled, Cat 6 internet.
Quartz counters in kitchens and baths. State of the art flooring.
LED’s throughout.
Washer/dryer, rooftop hot tubs with spectacular gulf views,
enclosed garages and private elevator for each unit.
A short walk to Siesta Key village.
Purchase both or individually. Estimated net rentals $112k to
$146k per side.
With very little new construction these are must see units. Call
today for appointment. Your dream home or investment awaits.

Last Agent to Sell the Property

Richard Dear

SUNCOAST LUXURY PROPERTIES License #0654603 Listed on: 07/28/2020

Last Buyer's Agent

Daniel Charney

GULF SHORES REALTY ERA POWERED License #3369160

GULF SHORES REALTY ERA POWERED

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,931

Year Built

  • Built in 1936 | Newly Remodeled

Lot Details

  • Unincorporated Location
  • South Facing Home
  • Vinyl Fence
  • Irrigation

Parking

  • 1 Car Attached Garage
  • Ground Level Parking
  • Driveway
  • Parking Garage Space
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Elevated Home
  • Split Level Home
  • Turnkey
  • Membrane Roofing
  • Block Exterior
  • Pile Dwellings

Interior Spaces

  • 3,940 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • L-Shaped Dining Room
  • Vinyl Flooring

Kitchen

  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • Heated Spa
  • Above Ground Spa
  • Outdoor Shower

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Grill

Location

  • Flood Zone Lot

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Property has a Home Owners Association
  • Built by banyan Tree
  • Sarasota Beach Subdivision
  • Sarasota Beach Community
  • The community has rules related to deed restrictions

Amenities

  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,931

Year Built

Built in 1936 | Newly Remodeled

Lot Details

5,663 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3940
  • Lot Size Acres: 0.13
  • New Construction: Yes
  • Year Built: 1936
  • Lot Size Sq Ft: 5500
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4473343?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4473343?w=Customer
  • Floor Number: 3
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Property Description: Elevated
  • Projected Completion Date: 2020-08-14T04:00:00.000Z
  • Ratio: Close Price\List Price: 0.91261
  • Price per Sq Ft: 808.38
  • Close to Original List Price Ratio: 0.91261
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), L Dining, Open Floorplan, Solid Surface Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 6
  • Levels: Multi/Split
  • Spa Features: Above Ground, Heated
  • Spa Yn: Yes
  • Stories: 3
  • Room Count: 10

Exterior Features

  • Direction Faces: South
  • Exterior Features: Fenced, Irrigation System, Outdoor Grill, Outdoor Shower, Sidewalk, Sliding Doors
  • Roof: Membrane
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway, Ground Level, Off Street, Under Building
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Public Remarks Required: Under Construction.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0107030036
  • Additional Parcels: No
  • Fencing: Vinyl
  • Lot Features: FloodZone, In County, Sidewalk, Unincorporated
  • Flood Zone Code: ve

Building Info

  • Builder Name: banyan Tree

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 10931.38
  • Tax Block: 25
  • Tax Book Number: 1-76
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
Beachwood Capital Llc
Bought by
Ninas Dream Realty Llc
Current Estimated Value
$4,594,659

Purchase Details

Listed on
Jul 28, 2020
Closed on
Oct 5, 2020
Sold by
Scottish American On Siesta Llc
Bought by
Beachwood Capital Llc
Seller's Agent
Richard Dear
SUNCOAST LUXURY PROPERTIES
Buyer's Agent
Daniel Charney
GULF SHORES REALTY ERA POWERED
List Price
$3,490,000
Sold Price
$3,185,000
Premium/Discount to List
-$305,000
-8.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$2,229,500
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 20, 2018
Sold by
Dear Richard
Bought by
Scottish American On Siesta Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2005
Sold by
Coleman Jean N
Bought by
Dear Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
8.25%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 30, 1998
Sold by
Mcknight Kandy L
Bought by
Hanford Anne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ninas Dream Realty Llc $4,900,000 Berlin Patten Ebling Pllc
Beachwood Capital Llc $3,185,000 Attorney
Scottish American On Siesta Llc $474,500 Attorney
Dear Richard $850,000 --
Hanford Anne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beachwood Capital Llc $2,229,500
Previous Owner Scottish American On Siesta Llc $600,000
Previous Owner Dear Richard $680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2020 10/05/20 Sold $3,185,000 -8.7% $808 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $3,490,000 -- $886 / 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 $13,876 $4,443,200 $1,219,700 $3,223,500
2024 $17,317 $4,701,800 $1,540,000 $3,161,800
2023 $53,179 $4,504,100 $1,414,100 $3,090,000
2022 $34,948 $3,070,600 $1,299,500 $1,771,100
2021 $30,432 $2,427,200 $788,900 $1,638,300
2020 $9,298 $744,100 $744,100 $0
2019 $10,931 $850,800 $793,600 $57,200
2018 $10,913 $849,300 $793,600 $55,700
2017 $4,995 $402,734 $0 $0
2016 $5,002 $581,500 $495,200 $86,300
2015 $5,096 $594,100 $518,700 $75,400
2014 $5,077 $296,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Dear

    Seller's Agent in 2020

    Richard Dear

    SUNCOAST LUXURY PROPERTIES

    (941) 504-5348

    15 Total Sales

    Richard Dear
    Section Image
  • Daniel Charney

    Buyer's Agent in 2020

    Daniel Charney

    GULF SHORES REALTY ERA POWERED

    (941) 993-4551

    4 in this area

    43 Total Sales

    Daniel Charney
    Section Image

  • D

    Buyer Co-Listing Agent in 2020

    Daniel Charney & Brian Corson

    GULF SHORES REALTY ERA POWERED

    (941) 993-4551

    2 in this area

    41 Total Sales

    Daniel Charney & Brian Corson
    Section Image
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Source: Stellar MLS

MLS Number: A4473343

Stellar MLS

APN: 0107-03-0036

Florida Sarasota County Sarasota

34242

Not Listed for Sale

Condos

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Stellar MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID

Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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