by RH Advisors

See Home Value
$949,900
House - Off Market

1321 Southbay DRIVE

OSPREY, FL 34229
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2974 Sqft
$5,432
Estimated Monthly
$150
HOA / Fees
4.08%
Cap Rate

About This Property

Incredible opportunity to own a spacious custom-built pool home with almost 3,000 sq.ft. of living space in the highly desirable waterfront boating community of Southbay Yacht & Racquet Club. This contemporary home has abundant space and versatility in use, an ideal location within the community, and endless possibilities for future design and upgrades.  

As you approach the front porch and enter through the double doors, you will first notice the open floor plan with wide and bright views of the lanai, pool, and outdoor living space. A spacious Great Room with vaulted ceilings and wood beams is the ideal place for friends and family to gather. The primary suite is located on the 1st floor and tucked away in a quiet corner of the home. This tranquil space has new luxury vinyl plank flooring, a large walk-in closet, and an en-suite bath with dual vanities, separate shower, and soaking tub. Enjoy morning coffee on the large covered lanai, or relax on the secluded patio off the primary suite after a swim in the heated pool.

The kitchen has a modern design featuring clean lines, granite countertops, stainless steel appliances including a convection oven, and plenty of storage space. The main floor also features a guest room with a separate private entrance, an office nook, and a newly remodeled half bath with fresh paint, a new vanity, and new fixtures. The 2nd floor features two additional bedrooms, a large bath with walk-in shower and separate tub/shower, and a spacious flex room with a deck overlooking the marina, clubhouse, and water views beyond. There are two sets of staircases, one at the foyer and another that leads directly to the pool area.

Recent improvements set the table for future renovations that will surely add substantial value in this prestigious community. The roof is newer (2016), water lines have been replumbed, new vinyl plank flooring in the primary bedroom, newly remodeled half bath, and two new AC units with a transferrable warranty were just installed along with new second-floor ductwork. The spacious 24'x22' garage features an 18' wide garage door and enormous amounts of attic storage with new plywood decking.

Southbay Yacht & Racquet Club is one of the premier boating communities in Southwest Florida. The 10,000 sq.ft. clubhouse has recently been renovated and features a spectacular space for residents and their guests to enjoy including a ballroom with a catering kitchen, fitness center, card room, library, a heated pool, three tennis courts, four pickleball courts, two shuffleboard courts, a bocce court, playground, waterfront park, kayak storage, and over 5 miles of walking trails. The 7-acre marina and boat basin can accommodate sail and power boats up to 55 feet in length! All of this plus onsite property manager and very affordable HOA fees. Southbay is located just minutes from Historic Downtown Venice and the beaches of Nokomis and Siesta Key. The nationally acclaimed Pineview School is located just across US 41, and numerous shopping and dining options lay just outside the community so walking, bicycling, or taking a golf cart is a fun and convenient option.
Unit Size
2,974Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$319
Property Type
House
Property Taxes
$618
HOA Dues
$150
Year Built
1978
Last updated: 28 days ago (Stellar MLS #N6129162)

Price History

Date / Event Date Event Price
May 1, 2024 No longer available -
No longer available
Mar 21, 2024 Price Decreased $949,900
↓ $25K (2.6%)
Price Decreased
Jan 11, 2024 Price Decreased $975,000
↓ $50K (4.9%)
Price Decreased
Oct 30, 2023 Listed by THE RITTER GROUP $1,025,000
Listed by THE RITTER GROUP
Mar 7, 2022 Sold to Amanda Narra, Trent Narra $945,000
Sold to Amanda Narra, Trent Narra
Show More

Property Highlights

Garage
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Square Area: 574
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,448
  • Lot Size Frontage Feet: 10
  • Total Building Area: 3,548
  • Gross Building Area: 3,548
  • Building Area: 2,974
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,974
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: SOUTHBAY YACHT & RACQUET CLUB
  • Land Acres: 0.286
  • Legal Description 1: LOT 81 SOUTHBAY YACHT & RACQUET CLUB

Ownership

  • Current Owner : NARRA TRENT
  • Current Owner 2: NARRA AMANDA
  • Previous Owner : WAGNER PATRICIA J
  • Previous Owner 2: WAGNER FRANK
  • Owner Before Previous Owner: OBERMEYER JOSEPH
  • Owner Before Previous Owner 2: OBERMEYER JULIE
  • Is Owner Occupied: unknown
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 G054 W056
  • Census Tract: 002102

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 32C
  • Account Number: 0157160006
  • Subdivision Tract Number: 1854
  • Parcel: 0157-16-0006
  • Lot: 81
  • Meridian: SEC 15 TWN 38S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.176
  • Longitude: -82.4852

    Address

  • Full Address: 1321 Southbay Dr
  • Address - House Number: 1321
  • Address - Street Name: Southbay
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Osprey
  • Carrier Code: R001
  • 4-Digit Zip Code: 9723
  • Zip Code: 34229

Valuation

    Tax

  • Total Area: 3,711
  • Tax Year: 2023
  • Tax Amount: $8,454
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.082
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 93
  • Final Value: 1,004,231
  • High Value: 1,086,606
  • Low Value: 921,857

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 07, 2022
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $736,200
  • Market Land Value: $298,100
  • Market Improvement Value: $438,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $736,200
  • Assessed Land Value: $298,100
  • Assessed Improvements Value: $438,100

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 28, 2022
  • Current Sale Recording Date: Mar 07, 2022
  • Current Sale Transaction ID: 11880551599
  • Current Sale Price: $945,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 38534
  • Previous Sale Recording Date: Aug 22, 2017
  • Previous Sale Contract Date: Aug 18, 2017
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 07, 2022
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: EAGLE HOME MORTGAGE LLC
  • Previous Mortgage Transaction Date: Aug 22, 2017
  • Previous Mortgage Financing Type: unknown
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Sep 01, 2047



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
3,183 ft²
$362/ft²
$1,152,250 Aug 24, 2023
$1,152,250 Oct 25, 2023
$1,037/mo
House
4 Beds
3 Baths
3,093 ft²
$278/ft²
$860,000 Aug 1, 2023
$860,000 Sep 27, 2023
$880/mo
House
4 Beds
4 Baths
2,557 ft²
$321/ft²
$820,000 Jul 29, 2023
$820,000 Aug 30, 2023
$449/mo
House
4 Beds
2 Baths
2,133 ft²
$387/ft²
$825,000 Jul 11, 2023
$825,000 Sep 5, 2023
$294/mo
House
4 Beds
3 Baths
2,798 ft²
$375/ft²
$1,050,000 Jun 6, 2023
$1,050,000 Sep 15, 2023
$494/mo
House
4 Beds
4 Baths
3,541 ft²
$226/ft²
$800,000 Apr 24, 2023
$800,000 Sep 1, 2023
$1,143/mo
House
3 Beds
3 Baths
2,899 ft²
$336/ft²
$975,000 Aug 18, 2023
-
$518/mo
House
4 Beds
3 Baths
2,492 ft²
$331/ft²
$825,000 Oct 26, 2023
-
$855/mo
House
3 Beds
3 Baths
2,575 ft²
$330/ft²
$850,000 Aug 17, 2023
-
$454/mo
House
3 Beds
3 Baths
2,564 ft²
$419/ft²
$1,075,000 Oct 3, 2023
-
$268/mo
House
3 Beds
3 Baths
2,388 ft²
$373/ft²
$889,900 Sep 20, 2023
-
$566/mo
House
3 Beds
4 Baths
2,115 ft²
$544/ft²
$1,150,000 Oct 1, 2023
-
$1,099/mo

About Southbay Yacht and Racquet Club


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Frequently Asked Questions

When was property at 1321 Southbay Drive built and last sold?
The property at 1321 Southbay Drive was built in 1978 and last sold on Feb 28, 2022 for $945,000.
How much is this home worth?
The estimated value of the home located at 1321 Southbay Drive is $1,030,064.
What are some comparable homes to 1321 Southbay Drive?
Homes that are comparable to 1321 Southbay Drive include a house property at 1096 Mallard Marsh Drive, 449 South Shore Drive, 668 Clear Creek Drive.

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