NOT LISTED FOR SALE

10492 Pine Island Dr Weeki Wachee, FL 34607

Estimated Value: $1,264,000 - $2,549,304

3 Beds
4 Baths
2,904 Sq Ft
$650/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $1,650,000 $568 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $12,818/month

243 Days on Market

Highlights

  • 664 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Reverse Osmosis System
  • Guest House
  • Full Gulf or Ocean Views
  • Open Floorplan

About This Home

As of April 2021

Serenity Cove is a private estate directly on the Gulf of Mexico with a total of 5.1 acres and over 600 feet of waterfront. A perfect residence for a family compound or a second home for family retreats and gatherings. The estate offers a main residence, guest residence, screen enclosed gazebo with electricity and water for sunset viewing, a Trex dock for airboats/flatboats/jet skis, fire pit, and outdoor shower. Additional features are a 25KW automatic propane generator that, in the event of an electric failure, fully operates both residences, propane barbecue grill, 19-zone sprinkler system, 19 electric hurricane shutters that completely secure both residences, 500-gallon propane tank, septic system, and lift station. The entire property is fenced, gated, and thoughtfully landscaped with tropical foliage and 800 feet of pebble stone pathways to stroll this wonderful waterfront oasis. The main residence is approximately 1,800 square feet with 2 bedrooms, 2 baths, wood floors, plantation shutters, wireless security system, elevator and a wrap-around deck with breathtaking views of the Gulf of Mexico. The guest residence is approximately 1,029 square feet with 1 bedroom, 2 baths, tile floors, plantation shutters, a screened veranda off of the bedroom and a wrap-around deck overlooking the lushly landscaped grounds and water. Below the main residence is an oversized 4-car garage with plenty of additional storage. An additional house may be built on the property without replating. At the tip of Pine Island is a lovely beach with a great restaurant and ample outdoor activities. Easy access to Tampa and Tampa International Airport. Driving through the gates of Serenity Cove, you will experience a pure sense of relaxation, privacy and calm.

Last Listed By

Diane Swainston

PREMIER SOTHEBY'S INTL REALTY License #628959 Listed on: 08/07/2020

PREMIER SOTHEBY'S INTL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,213

Year Built

  • Built in 1996

Lot Details

  • 5.1 Acre Lot
  • 664 Feet of Waterfront
  • Property fronts gulf or ocean
  • Northwest Facing Home
  • Chain Link Fence
  • Mature Landscaping
  • Oversized Lot
  • Irrigation
  • Property is zoned RIB

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Ground Level Parking
  • Tandem Parking
  • Garage Door Opener
  • Circular Driveway
  • Open Parking

Home Design

  • Florida Architecture
  • Elevated Home
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Vinyl Siding
  • Pile Dwellings

Interior Spaces

  • 2,904 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Shutters
  • Family Room Off Kitchen
  • Full Gulf or Ocean Views

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Trash Compactor
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Water access To Gulf or Ocean
  • Property is near a marina
  • Dock made with Composite Material
  • Deck
  • Wrap Around Porch
  • Gazebo

Additional Homes

  • Guest House

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Propane
  • Septic Tank
  • Cable TV Available

Community Details

  • Pine Island Replat Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,213

Year Built

Built in 1996

Lot Details

0

HOA Fees

$3 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Vinyl Siding, Wood Frame, Wood Siding
  • Fireplace: No
  • Living Area: 2904
  • Lot Size Acres: 5.1
  • New Construction: No
  • Year Built: 1996
  • Building Area Total: 5807
  • Lot Size Sq Ft: 222156
  • Directions to Property: US 19 to West on Cortez to Pine Island Drive to Address.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8093622?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8093622?w=Customer
  • Homestead Y N: No
  • Number Of Pets: 10+
  • Total Acreage: 5 to less than 10
  • Unit Number Y N: No
  • Property Description: Elevated
  • Ratio: Close Price\List Price: 0.97345
  • Price per Sq Ft: 568.18
  • Close to Original List Price Ratio: 0.97345
  • Ratio: Current Price\Building Area Total: 284.14
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Hardwood
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Elevator, High Ceiling(s), Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Kitchen Reverse Osmosis System, Microwave, Range, Refrigerator, Trash Compactor, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Window Features: Shutters
  • Street Number Modifier: 10492
  • Room Count: 8
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Gazebo, Guest House
  • Exterior Features: Irrigation System, Outdoor Shower
  • Roof: Metal
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Wrap Around
  • Road Surface Type: Paved
  • Water View: Gulf/Ocean - Full
  • Water Access: Gulf/Ocean
  • Water Extras: Dock - Composite
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12053C0134D
  • Waterfront Frontage: 664
  • Water Frontage Feet Gulf Ocean: 664
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener, Ground Level, Tandem
  • Covered Parking Spaces: 4
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Propane, Sprinkler Meter, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Propane, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public
  • Number Of Septics: 1
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 35
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 35
  • Monthly HOA Fee: 2.92
  • Total Monthly Fees: 2.92

Lot Info

  • Zoning: RIB
  • Parcel Number: R13-422-16-0000-0020-0010
  • Additional Parcels: No
  • Fencing: Chain Link
  • Lot Features: In County, Near Marina, Oversized Lot
  • Flood Zone Code: VE
  • Flood Zone Date: 2012-02-02
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 14213
  • Tax Block: 2
  • Tax Book Number: 992-1586
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Apr 30, 2021
Sold by
Gore Arthur J and Arthur J Gore Trust
Bought by
Serenity Isle Llc
Seller's Agent
Diane Swainston
PREMIER SOTHEBY'S INTL REALTY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$1,695,000
Sold Price
$1,650,000
Premium/Discount to List
-$45,000
-2.65%
Total Days on Market
243
Current Estimated Value
$1,886,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,435
Avg. Annual Appreciation
3.42%

Purchase Details

Closed on
Nov 7, 2013
Sold by
G & G Property Resources Llc
Bought by
Gore Arthur J and Arthur J Gore Trust

Purchase Details

Closed on
Jan 10, 2013
Sold by
G & G Property Resources Inc
Bought by
Gore Arthur J and Arthur J Gore Trust

Purchase Details

Closed on
Oct 3, 2012
Sold by
Copeland Patricia Lynn and Copeland Ellison O
Bought by
G & G Property Resources Llc

Purchase Details

Closed on
Mar 17, 2009
Sold by
Mccranie Robert E and Williams Mccranie Wardlow
Bought by
Copeland Patricia Lynn and Copeland Ellison O

Purchase Details

Closed on
Nov 26, 2008
Sold by
Mccranie Robert E and Herb Murrice S
Bought by
G & G Property Resources Llc

Purchase Details

Closed on
Nov 20, 2008
Sold by
Edward Jones Trust Company
Bought by
G & G Property Resources Llc

Purchase Details

Closed on
Mar 20, 2006
Sold by
Copeland Jacqueline A
Bought by
Copeland Jacqueline A and Jacqueline A Copeland Inter Vi

Purchase Details

Closed on
Mar 3, 2006
Sold by
Copeland Jacqueline A
Bought by
Copeland Jacqueline A and Jacqueline A Copeland Inter Vi

Range of Values:

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Average Value
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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
Serenity Isle Llc $1,640,000 Title Agency Of Florida
Gore Arthur J -- Attorney
Gore Arthur J -- Attorney
G & G Property Resources Llc -- Attorney
Copeland Patricia Lynn -- Attorney
G & G Property Resources Llc -- Southeast Title Suncoast Inc
G & G Property Resources Llc $760,000 Southeast Title Suncoast Inc
Copeland Jacqueline A -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $1,650,000 -2.7% $568 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
08/07/2020 08/07/20 For Sale $1,695,000 -- $584 / 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 $27,430 $1,829,143 -- --
2023 $27,430 $1,662,857 $0 $0
2022 $24,360 $1,511,688 $862,890 $648,798
2021 $19,000 $1,357,256 $862,890 $494,366
2020 $17,311 $1,298,756 $862,890 $435,866
2019 $14,213 $840,489 $503,515 $336,974
2018 $12,983 $844,696 $503,515 $341,181
2017 $10,856 $690,267 $0 $0
2016 $10,536 $676,070 $0 $0
2015 $10,667 $671,370 $0 $0
2014 $10,178 $608,204 $0 $0
Source: Public Records

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Source: Stellar MLS

MLS Number: U8093622

Stellar MLS

APN: R13-422-16-0000-0020-0010