$920,000
SOLD APR 29, 2024
2 Beds
2 Baths
1,166 Sq Ft
$1,365/mo HOA Fee

Recently Sold

$789 Per Sq Ft

7% Below List Price

42 Days on Market

Highlights

  • Beach View
  • Beach Access
  • 0.63 Acre Lot
  • Phillippi Shores Elementary School Rated A
  • Gated Community
  • 5-minute walk to Siesta Key Playground

About This Home

As of April 2024

PERFECTLY RENOVATED AND RARE TURNKEY OPPORTUNITY on the 5th Floor of Building 777 in Sought After & Gated CRESCENT ROYALE! As you walk through the door, you’ll be "wowed" with the direct view of the Gulf of Mexico & Siesta Key Beach! Stunning full gulf views, beachfront fun, fabulous amenities and nearby activities from this turnkey furnished end-unit with outstanding rental income potential. Siesta Beach, well known for its incredible sunsets, pristine quartz sand, and beautiful turquoise water, is directly across the street. This FULLY RENOVATED AND FURNISHED, 2 bedroom, 2 bath condo is located in Crescent Royale, a welcoming community in close proximity to all of the shopping, restaurants, and amenities that Siesta Key has to offer. You will love this unit from the moment you enter. This 5th floor end unit offers a full open concept plan, a brand new kitchen that is not only fully soft-close, but also features pull out cabinet shelving, Quartz countertops and new appliances. The main area boasts wood-look plank tile and a hurricane impact sliding glass door that leads to a spacious screened lanai. The primary bedroom is large enough for two queen beds which fit comfortably in the space to maximize rental income. The en-suite bathroom has also been fully renovated with new cabinetry, counter tops, fixtures and walk in-shower with gorgeous new tile. If that’s not enough the second bedroom in this split plan offers two twin beds as well as a beautiful, brand new bathroom with walk in shower. Every inch of this condo has been cared for, A/C with UV system 2016, water heater 2017, all kitchen appliances 2021. When you are ready for a day at the beach there is a storage locker for all your beach gear, conveniently located next to the elevator. This unit is completely move-in ready, just bring your flip-flops and your toothbrush! Generating income is a breeze, you can either rent the property yourself or with the on-site full-service manager. One-week minimum rentals are allowed, this unit sleeps up to six. Security Gates & paved entryway will greet you upon entering and you'll have your own, assigned covered carport space. You’ll be greeted with a professional and friendly staff from management to maintenance on site who handle all aspects of property management. Crescent Royale also features a new state-of-the-art fitness center, gas grills & tables with umbrellas for a cookout, shuffleboard court, Olympic style heated pool, pool table in the air-conditioned lounge, elevators, recreation room & a handicap accessible banquet room with a kitchen. Move-in this comfortable & stylish condo or cash flow it as a rental (or both)! You are only steps away from the #1 Beach in the USA "Siesta Beach". Walk to Siesta Key Village or jump on a trolley to enjoy a nice meal or go shopping. Plenty of things to do on Siesta Key ... rent a bike/scooter/kayak for a day and there are many fine restaurants to dine at! Weekly rentals make it very popular for investors or make this your 2nd home or your Sarasota get away in between tenants. All three buildings in Crescent Royale have passed the Milestone Inspections, and the budget is financially stable.

Last Agent to Sell the Property

Bill McCue

BRIGHT REALTY Brokerage Phone: 941-552-6036 License #3050320

BRIGHT REALTY

Co-Listed By

Cheryl McCue

BRIGHT REALTY Brokerage Phone: 941-552-6036 License #3133233

Last Buyer's Agent

Joseph Kesslak

COLDWELL BANKER REALTY License #3360026

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,985

Year Built

  • Built in 1970

Lot Details

  • End Unit
  • East Facing Home

HOA Fees

  • $1,365 Monthly HOA Fees

Property Views

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 1,166 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Storage Room
  • Laundry in Hall

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Carport Space
  • 1 Parking Garage Space

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Balcony
  • Covered patio or porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, pest control, sewer, trash, water
  • Sal Picerno Association, Phone Number (941) 349-7766
  • Crescent Royale Community
  • Crescent Royale 3 Subdivision
  • The community has rules related to deed restrictions
  • 7-Story Property

Amenities

  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Community Mailbox

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Gated Community
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,985

Year Built

Built in 1970

Lot Details

0

HOA Fees

$1,365 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1166
  • Lot Size Acres: 0.63
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 1282
  • Lot Size Sq Ft: 27624
  • Directions to Property: North on Midnight Pass Left onto Beach Rd. 777 Beach Rd. is directly across from Public Beach. Middle building, take elevator to 5th floor, make right out elevator, its the corner unit down on left.
  • Status: Sold
  • Co List Office Mls Id: MFR281517902
  • Co List Office Phone: 941-552-6036
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 5
  • List Office Head Office Key Nume: 1047333
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 789.02
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: End Unit
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-552-6036
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 7
  • Window Features: Impact Glass/Storm Windows
  • Street Number Modifier: 777
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room,Storage Rooms
  • Living Area Meters: 108.32
  • Room Count: 5

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Built-Up
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Rear Porch, Screened
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure
  • Water Access: Beach,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0143F
  • Additional Water Information: Located directly across frm Siesta Key Public Beach. Full beach and ocean views

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Common Area, Corridor Access
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Community Mailbox, Deed Restrictions, Gated Community - No Guard, Pool
  • Association Amenities: Clubhouse, Elevator(s), Gated, Laundry, Pool
  • Association Name: Sal Picerno
  • Phone: 941-349-7766
  • Association: No
  • Security: Gated Community
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: None
  • Building Name Number: CRESCENT ROYALE
  • Condo Fees: 4095
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: sal@crescentroyale.com
  • Monthly Condo Fee Amount: 1365

Fee Information

  • Total Annual Fees: 16380.00
  • Total Monthly Fees: 1365.00

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0107024005
  • Additional Parcels: No
  • Flood Zone Code: AE/VE
  • Homestead YN: 0
  • Lot Size Square Meters: 2566

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See HOA Docs
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 8985.47
  • Tax Book Number: 960-1575
  • Tax Lot: 5A

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $920,000 -6.6% $789 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $985,000 -- $845 / 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
2024 $8,985 $685,538 -- --
2023 $8,985 $834,400 $0 $834,400
2022 $8,311 $766,700 $0 $766,700
2021 $6,084 $466,600 $0 $466,600
2020 $6,083 $457,300 $0 $457,300
2019 $6,568 $500,500 $0 $500,500
2018 $6,440 $490,800 $0 $490,800
2017 $6,808 $511,300 $0 $511,300
2016 $6,648 $500,300 $0 $500,300
2015 $6,042 $430,100 $0 $430,100
2014 $5,803 $392,480 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $690,000 New Conventional
Previous Owner $333,750 New Conventional
Previous Owner $480,000 Purchase Money Mortgage
Previous Owner $100,000 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $100 None Listed On Document
Warranty Deed $920,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Warranty Deed $600,000 Attorney
Quit Claim Deed -- --
Warranty Deed $265,000 --
Source: Public Records

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Source: Stellar MLS

MLS Number: A4597932

Stellar MLS

APN: 0107-02-4005