by RH Advisors

See Home Value
$613,000
House - Off Market

2516 Regatta DRIVE

SARASOTA, FL 34231
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1488 Sqft
$3,295
Estimated Monthly
5.90%
Cap Rate

About This Property

NEW LOWER PRICE! SHOWS LIKE NEW CONSTRUCTION INSIDE! Extensive whole-home renovation just completed. No HOA or CDD dues. Almost everything the eye can see has been renovated or replaced within the last few months (Please see the document attachment for a detailed summary of all the work that was done).  Not occupied since completed. Fiberglass shingle roof was replaced in 2019. All cold and hot water supply lines were replaced in 2020. These two items could easily cost over $50k combined. Be sure to adjust for these when comparing this home to the others on the market. The floorplan features something very unique for Gulf Gate: two ensuite bedrooms on separate sides of the central core of the home. Both could function as master bedroom suites. The additional guest bedroom creates a total of three bedrooms. There are three distinct screened areas at the rear of the home – two of which are under roof  - creating well over 600 sf of mosquito-free outdoor entertaining area. The two-car garage is oversized to accommodate storage plus two vehicles. The driveway is two cars wide for its entire length.

The large rectangular lot could easily accommodate the installation of a large pool (if desired) and boasts views of green space – not adjacent homes. The cul de sac street moderates traffic significantly.

Shopping and great dining options are within minutes. Access to either Siesta Key or Casey Key is about 10 minutes away and downtown Sarasota is only 20 minutes away. Some photos have been digitally staged.
Unit Size
1,488Ft²
Days on Market
114 days
Land Size
0.29 acres
Price per sqft
$433
Property Type
House
Property Taxes
$127
HOA Dues
-
Year Built
1980
Last updated: 5 months ago (Stellar MLS #A4582434)

Price History

Date / Event Date Event Price
Jan 18, 2024 Sold to Ellen Demaio, Jacqueline Di... $613,000
Sold to Ellen Demaio, Jacqueline Di...
Dec 20, 2023 In contract -
In contract
Oct 6, 2023 Price Decreased $645,000
↓ $30K (4.4%)
Price Decreased
Sep 12, 2023 Listed by SARASOTA BROKERS LLC $675,000
Listed by SARASOTA BROKERS LLC
Apr 27, 2023 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 1
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 529
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,448
  • Total Building Area: 2,017
  • Gross Building Area: 2,290
  • Building Area: 1,488
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,488
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GULF GATE WEST
  • Land Acres: 0.286
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 10 GULF GATE WEST 16-37-18-32-00/10

Ownership

  • Current Owner : DIMEGLIO JACQUELINE
  • Current Owner 2: DEMAIO ELLEN
  • Previous Owner : SOUTHERN CUSTOMS DESIGN BUILD LLC
  • Owner Before Previous Owner: NAAMAN EILEEN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 F052 G054
  • Census Tract: 002004

Zoning

  • Zoning: RMF2

Geography

  • Assessors Map Reference: 29-16
  • Account Number: 0102130010
  • Subdivision Tract Number: 1989
  • Parcel: 0102-13-0010
  • Lot: 10
  • Meridian: SEC 16 TWN 37S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2556
  • Longitude: -82.5101

    Address

  • Full Address: 2516 Regatta Dr
  • Address - House Number: 2516
  • Address - Street Name: Regatta
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C054
  • 4-Digit Zip Code: 5746
  • Zip Code: 34231

Valuation

    Tax

  • Total Area: 2,826
  • Tax Year: 2023
  • Tax Amount: $4,950
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.082
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 93
  • Final Value: 623,938
  • High Value: 675,118
  • Low Value: 572,758

    Market Valuation

  • Market Total Value: $375,500
  • Market Land Value: $163,100
  • Market Improvement Value: $212,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $375,500
  • Assessed Land Value: $163,100
  • Assessed Improvements Value: $212,400

    Sales

  • Current Sale Contract Date: Jan 03, 2024
  • Current Sale Recording Date: Jan 18, 2024
  • Current Sale Transaction ID: 11919565579
  • Current Sale Price: $613,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7178
  • Previous Sale Recording Date: Apr 25, 2023
  • Previous Sale Contract Date: Apr 24, 2023
  • Previous Sale Amount: $490,000
  • Previous Sale Document Type: Warranty Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,810 ft²
$334/ft²
$605,000 Jul 14, 2023
$605,000 Sep 27, 2023
$408/mo
House
3 Beds
2 Baths
1,543 ft²
$382/ft²
$589,000 Aug 23, 2023
$589,000 Oct 10, 2023
$278/mo
House
3 Beds
2 Baths
1,745 ft²
$321/ft²
$560,000 Oct 9, 2023
$560,000 Jan 5, 2024
$205/mo
House
3 Beds
2 Baths
1,610 ft²
$318/ft²
$512,000 Jun 14, 2023
$512,000 Sep 18, 2023
$276/mo
House
3 Beds
2 Baths
1,720 ft²
$435/ft²
$749,000 Aug 24, 2023
$749,000 Oct 16, 2023
$468/mo
House
3 Beds
2 Baths
1,712 ft²
$361/ft²
$618,000 Sep 26, 2023
$618,000 Nov 1, 2023
$354/mo
House
3 Beds
2 Baths
1,631 ft²
$367/ft²
$599,000 Nov 3, 2023
-
$516/mo
House
3 Beds
2 Baths
1,773 ft²
$372/ft²
$659,900 Jan 9, 2024
-
$500/mo
House
3 Beds
2 Baths
1,775 ft²
$336/ft²
$597,000 Dec 12, 2023
-
$446/mo
House
3 Beds
2 Baths
1,887 ft²
$321/ft²
$605,000 Nov 3, 2023
-
$675/mo
House
3 Beds
2 Baths
1,889 ft²
$291/ft²
$549,900 May 29, 2023
-
$375/mo
House
3 Beds
3 Baths
1,949 ft²
$328/ft²
$639,900 Sep 16, 2023
-
$450/mo

About Gulf Gate West


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Frequently Asked Questions

When was property at 2516 Regatta Drive built and last sold?
The property at 2516 Regatta Drive was built in 1980 and last sold on Jan 3, 2024 for $613,000.
How much is this home worth?
The estimated value of the home located at 2516 Regatta Drive is $681,750.
What are some comparable homes to 2516 Regatta Drive?
Homes that are comparable to 2516 Regatta Drive include a house property at 2737 Post Road, 3005 Yorktown Street, 7318 Biltmore Drive.

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