by RH Advisors

See Home Value
$2,200,000
House - Off Market

354 Monroe DRIVE

SARASOTA, FL 34236
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2112 Sqft
$12,976
Estimated Monthly
1.58%
Cap Rate

About This Property

OWNER WANTS IT SOLD!  NEW ROOF  11/2023!  A "One of A Kind Shangri-La" on St Armand's Key! Magnificent walled estate on the first layer of residential homes on S Blvd of the Presidents. Don't just live "on the Circle" - live "IN THE CIRCLE"! Very well kept home with more than ample parking - but you won't need a vehicle. Very private setting with a lap pool for relaxation, meditation or exercise. Short stroll to Lido Beach and even shorter to St Armand's Circle that's just outside your front main gate. Oversized master bedroom with TWO bathrooms and a private outdoor shower. Tons of privacy, loads of convenience, lots of upgrades and easy to maintain!
Unit Size
2,112Ft²
Days on Market
335 days
Land Size
0.24 acres
Price per sqft
$1,184
Property Type
House
Property Taxes
$700
HOA Dues
-
Year Built
1950
Last updated: 3 months ago (Stellar MLS #A4567323)

Price History

Date / Event Date Event Price
Mar 14, 2024 Sold $2,200,000
Sold
Jan 28, 2024 In contract -
In contract
Apr 14, 2023 Listed by WAGNER REALTY $2,499,999
Listed by WAGNER REALTY
Jul 16, 2009 Sold to James Fazzone, Melissa Fazzone $625,000
Sold to James Fazzone, Melissa Fazzone

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Masonry
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,412
  • Total Building Area: 2,688
  • Gross Building Area: 2,688
  • Building Area: 2,112
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,112
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SAINT ARMANDS DIVISION JOHN RINGLING EST
  • Land Acres: 0.239
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 11 BLK 22 ST ARMANDS DIV

Ownership

  • Current Owner : FAZZONE JAMES
  • Current Owner 2: FAZZONE MELISSA
  • Previous Owner : SMART VICTORIA C
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: T02 T02D A055
  • Census Tract: 000700

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 16
  • Account Number: 2014130008
  • Subdivision Tract Number: 489
  • Parcel: 2014-13-0008
  • Block: 22
  • Lot: 11
  • Meridian: SEC 26 TWN 36S RNG 17E
  • Municipality: CITY OF SARASOTA
  • Latitude: 27.3167
  • Longitude: -82.5766

    Address

  • Full Address: 354 Monroe Dr
  • Address - House Number: 354
  • Address - Street Name: Monroe
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C038
  • 4-Digit Zip Code: 1713
  • Zip Code: 34236

Valuation

    Tax

  • Total Area: 2,723
  • Tax Year: 2023
  • Tax Amount: $28,221
  • Tax Rate Code Area: 0200

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 2,196,953
  • High Value: 2,599,650
  • Low Value: 1,794,255

    Market Valuation

  • Market Total Value: $1,889,000
  • Market Land Value: $1,481,000
  • Market Improvement Value: $408,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,889,000
  • Assessed Land Value: $1,481,000
  • Assessed Improvements Value: $408,000

    Sales

  • Current Sale Contract Date: Jul 15, 2009
  • Current Sale Recording Date: Jul 16, 2009
  • Current Sale Transaction ID: 1110326661
  • Current Sale Price: $625,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2009086992

    Last Sale Mortgage

  • First Mortgage Lender: RESIDENTIAL MORTGAGE GROUP
  • First Mortgage Transaction Date: Jul 16, 2009
  • First Mortgage Loan Amount: $325,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Aug 01, 2039

    Financing

  • First Mortgage Financing Type: Fixed Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,665 ft²
$1,041/ft²
$2,775,000 Apr 28, 2021
$2,775,000 Jun 1, 2021
$1,621/mo
House
3 Beds
2 Baths
2,310 ft²
$939/ft²
$2,170,000 Sep 26, 2023
$2,170,000 Jan 3, 2024
$934/mo
House
3 Beds
3 Baths
2,521 ft²
$991/ft²
$2,499,000 Nov 30, -0001
$2,100,000 Jan 19, 2017
$2,490/mo
House
3 Beds
4 Baths
2,936 ft²
$852/ft²
$2,500,000 Nov 30, -0001
$1,700,000 Jun 29, 2012
$650/mo
House
4 Beds
4 Baths
3,883 ft²
$708/ft²
$2,750,000 Nov 30, -0001
$2,500,000 Oct 29, 2004
$1,712/mo
House
4 Beds
6 Baths
4,402 ft²
$612/ft²
$2,695,000 Nov 30, -0001
$2,314,000 Jun 20, 2008
$1,762/mo
House
4 Beds
3 Baths
1,951 ft²
$1,281/ft²
$2,500,000 Dec 14, 2023
-
$440/mo
House
4 Beds
3 Baths
2,230 ft²
$1,076/ft²
$2,400,000 Jul 23, 2023
-
$1,524/mo
House
4 Beds
4 Baths
2,452 ft²
$999/ft²
$2,450,000 Nov 20, 2023
-
$1,740/mo
House
4 Beds
3 Baths
1,740 ft²
$1,523/ft²
$2,650,000 Feb 24, 2024
-
$1,366/mo
House
4 Beds
3 Baths
3,058 ft²
$965/ft²
$2,950,000 Jan 26, 2024
-
$1,177/mo
House
3 Beds
3 Baths
2,299 ft²
$1,218/ft²
$2,800,000 Jan 18, 2024
-
$1,984/mo

About St. Armands


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Frequently Asked Questions

When was property at 354 Monroe Drive built and last sold?
The property at 354 Monroe Drive was built in 1950 and last sold on Jul 15, 2009 for $625,000.
How much is this home worth?
The estimated value of the home located at 354 Monroe Drive is $2,529,211.
What are some comparable homes to 354 Monroe Drive?
Homes that are comparable to 354 Monroe Drive include a house property at 517 Madison Drive, 532 South Blvd of The Presidents, 440 South Blvd of The Presidents.

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