by RH Advisors

Check Availability
$2,890,000
↓ $109K (3.6%)
House - For Sale

116 Sand Dollar LANE

SARASOTA, FL 34242
bedrooms
4 Beds
bathrooms
5 Baths, 2 Half Baths
square feet
2480 Sqft
$15,461
Estimated Monthly
$600
HOA / Fees
1.09%
Cap Rate

About This Property

BACK ON THE MARKET! Financing fell through. This absolutely breathtaking view from Siesta Key can be yours all day every day! A single family home that overlooks the spectacular Gulf of Mexico on the north end of Siesta Key. It is hard to believe that there could be a better location than this with a quick walk to all that Siesta Village has to offer and a short drive off the North Bridge to downtown Sarasota. You'll find beautiful water views from almost every room in this 4 bedroom, 3 full bathroom, 2 half bathroom house. The main level has all wood flooring boasting a large living room, half bath and 1 of 2 master suites. Imagine waking up every morning with a private view of the sparkling Gulf of Mexico. The main floor master suite also has a walk in shower and dual vanities. The spacious kitchen has all new stainless appliances including a double oven, a large island with cooktop and sights of blue ocean waters with every turn of the head. Upstairs provides the second large master with a bathroom and two additional good sized bedrooms that share the third full bathroom. The non conforming ground level has a large gathering room, laundry room and lots of storage plus a half bath. There is a large deck on the main level with a patio below. Sit outside and enjoy the sun, the breeze and the calming ocean sights. Incredible sunsets every night as you sit on your very own home's deck watching the mesmerizing sunset and the beautiful color changes on the horizon as the night sky creeps over your head revealing the starry night. The community of a dozen homes is on a cul-de-sac and has a large screened pool and deck as well as a tennis/pickleball court. This type of property doesn't come along very often. Don't miss out on the opportunity!
Unit Size
2,480Ft²
Days on Market
491 days
Land Size
0.24 acres
Price per sqft
$1,165
Property Type
House
Property Taxes
$670
HOA Dues
$600
Year Built
1980

Listed By

Craig Toler
HORIZON REALTY INTERNATIONAL
Last updated: 2 months ago (Stellar MLS #A4558517)

Price History

Date / Event Date Event Price
Apr 26, 2024 Price Decreased $2,890,000
↓ $109K (3.6%)
Price Decreased
Mar 2, 2024 Relisted $2,999,000
Relisted
Mar 1, 2024 No longer available -
No longer available
Oct 28, 2023 Price Decreased $2,999,000
↓ $201K (6.3%)
Price Decreased
Jun 24, 2023 In contract -
In contract
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Garage Door Opener, Ground Level, Off Street, Under Building
Garage Spaces: 2
Interior Details

Bathroom Information

Half Bathrooms: 2
Full Bathrooms: 3

Interior Information

Interior Features: Attic Fan, Ceiling Fan(s), Central Vacuum, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Walk-In Closet(s), Window Treatments
Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Solar Hot Water Owned, Washer
Flooring Type: Carpet, Ceramic Tile, Hardwood
Laundry Features: Inside, Laundry Room

Room Information

Rooms: 9

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Wood
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Other
  • Floor Count: 3
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 1,120
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 10,640
  • Lot Size Frontage Feet: 10
  • Total Building Area: 3,600
  • Gross Building Area: 3,600
  • Building Area: 2,480
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,480
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BANYAN CLUB
  • Land Acres: 0.244
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 3 BANYAN CLUB

Ownership

  • Current Owner : JOINT REVOCABLE TRUST A/D 03/2
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: L018 A055 F052
  • Census Tract: 001903

Zoning

  • Zoning: RSF3

Geography

  • Assessors Map Reference: 28A
  • Account Number: 0079060021
  • Subdivision Tract Number: 2029
  • Parcel: 0079-06-0021
  • Lot: 3
  • Meridian: SEC 01 TWN 37S RNG 17E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2879
  • Longitude: -82.5623

    Address

  • Full Address: 116 Sand Dollar Ln
  • Address - House Number: 116
  • Address - Street Name: Sand Dollar
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C020
  • 4-Digit Zip Code: 1336
  • Zip Code: 34242

Valuation

    Tax

  • Total Area: 4,560
  • Tax Year: 2023
  • Tax Amount: $8,293
  • Tax Rate Code Area: 1800

    Appraisal Valuation

  • Standard Deviation: 0.1642
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 3,170,457
  • High Value: 3,691,181
  • Low Value: 2,649,733

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $503,700
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Apr 17, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $503,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: May 01, 2047

    Market Valuation

  • Market Total Value: $2,235,000
  • Market Land Value: $1,777,300
  • Market Improvement Value: $457,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $688,244

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 01, 2017
  • Current Sale Recording Date: Apr 01, 2017
  • Current Sale Transaction ID: 11549724657
  • Current Sale Price: $100
  • Current Sale Document Type: Deed

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4 Baths
2,868 ft²
$941/ft²
$2,700,000 Nov 9, 2023
$2,700,000 Feb 9, 2024
$1,224/mo
House
4 Beds
4 Baths
3,122 ft²
$1,041/ft²
$3,250,000 Sep 6, 2023
$3,250,000 Jan 23, 2024
$746/mo
House
4 Beds
4 Baths
3,497 ft²
$601/ft²
$2,100,000 Dec 22, 2022
$2,100,000 Jan 5, 2024
$2,036/mo
House
4 Beds
4 Baths
4,229 ft²
$669/ft²
$2,830,000 Feb 14, 2023
$2,830,000 Sep 19, 2023
$1,999/mo
House
3 Beds
3 Baths
2,400 ft²
$958/ft²
$2,300,000 Aug 28, 2023
$2,300,000 Sep 15, 2023
$1,095/mo
House
4 Beds
3 Baths
4,112 ft²
$687/ft²
$2,825,000 Oct 26, 2022
$2,825,000 Jul 12, 2023
$1,439/mo
House
4 Beds
5 Baths
2,830 ft²
$848/ft²
$2,400,000 Aug 18, 2023
-
$939/mo
House
4 Beds
4 Baths
2,854 ft²
$1,139/ft²
$3,250,000 Jan 30, 2024
-
$1,816/mo
House
4 Beds
3 Baths
2,497 ft²
$1,021/ft²
$2,550,000 Feb 15, 2024
-
$1,738/mo
House
4 Beds
4 Baths
2,641 ft²
$947/ft²
$2,500,000 Feb 2, 2024
-
$1,107/mo
House
4 Beds
5 Baths
2,970 ft²
$859/ft²
$2,550,000 Oct 20, 2022
-
$694/mo
House
4 Beds
5 Baths
2,970 ft²
$859/ft²
$2,550,000 Oct 20, 2022
-
$701/mo

About Banyan Club


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Frequently Asked Questions

When was property at 116 Sand Dollar Lane built and last sold?
The property at 116 Sand Dollar Lane was built in 1980 and last sold on Apr 1, 2017 for $100.
How much is this home worth?
The estimated value of the home located at 116 Sand Dollar Lane is $3,216,345.
What are some comparable homes to 116 Sand Dollar Lane?
Homes that are comparable to 116 Sand Dollar Lane include a house property at 5143 Oxford Drive, 3919 Roberts Point Road, 577 Venice Lane.

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