NOT LISTED FOR SALE

Estimated Value: $3,461,000 - $4,009,000

0.9 Acre
$4,089,779 Price per Acre
39,204 Sq Ft Lot

Last Sold July 15, 2021

Last sale price $2,825,000 $504 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $23,357/month

79 Days on Market

Highlights

  • 185 Feet of Waterfront
  • White Water Ocean Views
  • Boat Slip Deeded
  • Phillippi Shores Elementary School Rated A
  • Water access To Gulf or Ocean
  • Oak Trees

About This Lot

As of July 2021

A rare offering on Siesta Key, this nearly 1-acre parcel with frontage along Roberts Bay is an unprecedented opportunity to build the island home of your dreams in an unparalleled location. Poised on a cul-de-sac in one of Sarasota’s most desirable neighborhoods, Hidden Harbor, discover an idyllic waterfront lifestyle few get to experience. Sparkling city views at a distance are complemented by multi-hued sunsets; the perfect escape for those looking to be within reach of downtown culture but want a laidback island lifestyle at home. The deep-water basin appeals to the avid boater or fisherman with bridgeless access to the Gulf and a private location amid Florida’s mangroves and wildlife. Two private boat docks and a seawall are already in place for your convenience. Design the life of your dreams on one of the top resort islands in the world.

Last Listed By

Michael Hays

MICHAEL SAUNDERS & COMPANY License #3188992 Listed on: 03/01/2021

MICHAEL SAUNDERS & COMPANY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $31,848

Year Built

  • 2013

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 136x155
  • 185 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • West Facing Home
  • Oversized Lot
  • Level Lot
  • Irregular Lot
  • Cleared Lot
  • Oak Trees
  • Wooded Lot
  • Property is zoned RE2

HOA Fees

  • $159 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Intracoastal
  • Lagoon
  • Bayou

Location

  • In Flood Plain

Schools

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

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 088201001

Community Details

Overview

  • Association fees include ground maintenance, manager
  • Hidden Harbor Community
  • Hidden Harbor Subdivision

Recreation

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Access To Bayou
  • No Fixed Bridges
  • Seawall
  • Boat Slip Deeded
  • Open Dock

Property Details

Property Type

Land

Est. Annual Taxes

$31,848

Year Built

2013

Lot Details

0

HOA Fees

$159 per month

Listing Details

  • HOA Fee Includes: Maintenance Grounds, Manager
  • Property Type: Land
  • Lot Size Acres: 0.9
  • Lot Size Sq Ft: 39179
  • Directions to Property: South on Midnight Pass Road to left into Hidden Harbor. Make first right and go to the end of Hidden Harbor Road, lot on right.
  • Status: Sold
  • Total Acreage: 1/2 to less than 1
  • Subdivision Num: 0959
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.94324
  • Price per Sq Ft: 72.1
  • Close to Original List Price Ratio: 0.94324
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Year Built: 2013

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 5342

Exterior Features

  • Direction Faces: West
  • Road Frontage Type: Private Road
  • Water Body Name: Little Sarasota & Roberts Bay
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Bayou, Intracoastal Waterway, Lagoon
  • Water Access: Bay/Harbor, Bayou, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges, Dock - Open, Dock - Slip Deeded On-Site, Sailboat Water, Seawall - Concrete
  • Water View Y N: Yes
  • Front Footage: 155
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 185
  • Water Frontage Feet Bay Harbor: 185
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Public, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 1910
  • Association Fee Frequency: Annually
  • Association Name: na
  • Phone: na
  • Association: Yes

Fee Information

  • Total Annual Fees: 1910
  • Monthly HOA Fee: 159.17
  • Total Monthly Fees: 159.17

Schools

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

Lot Info

  • Zoning: RE2
  • Parcel Number: 088201001
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable, Cleared, Flood Plain, In County, Irregular Lot, Level, Oversized Lot, Room For Pool, Wooded
  • Lot Dimensions: 136x155
  • Price Per Acre: 3138889
  • Flood Zone Code: AE
  • Future Land Use: 0810
  • Current Adjacent Use: Residential

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No
  • Pet Restrictions: None

Tax Info

  • Tax Book Number: 0006/0009
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2022
Sold by
Rhino Ventures Llc
Bought by
Lyons Mark and Lyons Donna
Total Days on Market
79
Current Estimated Value
$3,680,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,773,000
Interest Rate
5.81%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 1, 2021
Closed on
Jul 15, 2021
Sold by
Yaffe Ronald H and Yaffe Emily Korman
Bought by
Rhino Ventures Llc
Seller's Agent
Michael Hays
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Thomas Cail
RE/MAX ALLIANCE GROUP
List Price
$2,995,000
Sold Price
$2,825,000
Premium/Discount to List
-$170,000
-5.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.58%

Purchase Details

Closed on
Dec 14, 2006
Sold by
Yaffe Ronald H and Yaffe Emily
Bought by
Yaffe Ronald H and Yaffe Emily

Purchase Details

Closed on
Dec 9, 2005
Sold by
Gersonde Karl Richard and Peters Patricia
Bought by
Yaffe Ronald H

Purchase Details

Closed on
May 29, 1996
Sold by
Butler Katharine
Bought by
White Daniel H and White Isabelle F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,500
Interest Rate
7.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 1995
Sold by
Dibartolo Ernest A and Dibartolo Gail M
Bought by
Dibartolo Ernest A and Dibartolo Gail M

Range of Values:

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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
Lyons Mark $3,900,000 Dunlap & Moran Pa
Rhino Ventures Llc $2,825,000 Attorney
Yaffe Ronald H -- Attorney
Yaffe Ronald H -- --
Yaffe Ronald H $2,750,000 --
White Daniel H $1,700,000 --
Dibartolo Ernest A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lyons Mark $3,773,000
Previous Owner White Daniel H $436,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Sold $2,825,000 -5.7% $504 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $2,995,000 -- $535 / 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 $31,848 $2,724,900 $2,655,500 $69,400
2023 $31,848 $2,734,100 $2,698,700 $35,400
2022 $32,653 $2,783,200 $2,758,100 $25,100
2021 $21,677 $2,053,800 $2,029,300 $24,500
2020 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Stellar MLS

MLS Number: A4492472

Stellar MLS

APN: 0082-01-0021