by Global Lifestyle Properties

See Home Value
$1,300,000
● House - Off Market

5022 Sun CIRCLE

SARASOTA, FL 34234
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,166 Ft²
$7,861
Est. Monthly
1.84%
Cap Rate

About This Property

Offers Considered on this "Tropical compound" sitting directly across from a waterfront park providing full Sarasota Bay views and year-round sunsets over Longboat Key.  Build here for remarkable views or enjoy the comfortable home on grade. It is a "Craftsman Ranch" styled home with an open plan including vaulted, tongue & groove ceilings, oak floors and a wood burning fireplace.  Looking west, and out to the water you'll find a wall of french doors and clerestory windows allowing unobstructed views.  Your Florida lifestyle may take you out to the front porch and spacious patio overlooking Sun Circle Park or you might prefer the private retreat off the kitchen which contains a lagoon pool. The master suite also has a vaulted ceiling, bay views and shares access to the porch/patio.  There's a generous walk-in closet and a separate tub & shower.  The second bedroom has a walk-in closet and shares a unique indoor/outdoor shower which may transport you far from Sarasota to a private jungle oasis.  A home office and plenty of room for storage and a workshop round out the first floor.  An income generating guest apartment with a private entry is on the second floor and has a full kitchen, balcony and vintage Florida design details including wood floors and a raised ceiling.  There's plenty of parking for your guests with a circle drive in the front and a side driveway off Sapphire Drive providing access to the two car garage.  Here is where you will find the laundry and additional storage which can be upgraded to many possible uses. This oversized parcel in Sapphire Shores, is nestled between the Ringling Museum of Art, the Asolo Performing Arts Hall, the Sarasota Ballet and many other cultural and historic amenities.  The location is 2 miles north of downtown Sarasota, a short drive over the Ringling Bridge to St. Armands Circle and Gulf of Mexico beaches and very near University Parkway anchored on the west by the Sarasota-Bradenton International Airport and on the east by UTC Shopping district and the "coming soon" Mote Aquarium.
Unit Size
2,166 Ft²
Days on Market
267 days
Land Size
0.38 acres
Price per sqft
$692
Property Type
House
Property Taxes
$505
HOA Dues
-
Year Built
1950

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Last updated: 3 years ago (Stellar MLS #A4566047)

Price History

Date / Event Date Event Price
Jan 2, 2024 Sold
Sold
Nov 10, 2023 In contract -
In contract
Sep 29, 2023 Price Decreased $1,498,000
↓ $192K (11.4%)
Price Decreased
Aug 26, 2023 Price Decreased $1,690,000
↓ $60K (3.4%)
Price Decreased
Apr 10, 2023 Listed by COLDWELL BANKER REALTY $1,750,000
Listed by COLDWELL BANKER REALTY
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Property Highlights

Garage
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 31
  • Exterior Walls Type: 12
  • Interior Walls Type: 18
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 364
  • Parking Space Count: 3
  • Patio Type: 9
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 125

    Dimensions

  • Lot Size Square Feet: 16,525
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,473
  • Gross Building Area: 2,473
  • Building Area: 2,109
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,109
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SAPPHIRE SHORES BLKS B C D & K
  • Land Acres: 0000000379
  • Standard Land Use Code: 1101
  • County Land Use Code: 0820
  • State Land Use Code: 001
  • Legal Description 1: LOTS 37 & 38 BLK C SAPPHIRE SHORES

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: T02 T02D A055
  • Census Tract: 000900

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 1
  • Account Number: 2003090005
  • Subdivision Tract Number: 378
  • Parcel: 2003-09-0005
  • Block: C
  • Lot: 37,38
  • Meridian: SEC 02 TWN 36S RNG 17E
  • Municipality: CITY OF SARASOTA
  • Latitude: 27.3777
  • Longitude: -82.5637

    Address

  • Full Address: 5022 Sun Cir
  • Address - House Number: 5022
  • Address - Street Name: Sun
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C009
  • 4-Digit Zip Code: 3762
  • Zip Code: 34234

Valuation

    Tax

  • Total Area: 2,893
  • Tax Year: 2023
  • Tax Amount: $703,466
  • Tax Rate Code Area: 0200

    Appraisal Valuation

  • Standard Deviation: 0.082
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 93
  • Final Value: 1,416,160
  • High Value: 1,532,324
  • Low Value: 1,299,997

    Market Valuation

  • Market Total Value: $1,391,200
  • Market Land Value: $1,104,100
  • Market Improvement Value: $287,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $580,319

    Sales

  • Current Sale Contract Date: Jan 02, 2024
  • Current Sale Recording Date: Jan 02, 2024
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 355
  • Previous Sale Recording Date: Oct 31, 1996
  • Previous Sale Contract Date: Oct 31, 1996
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Indian Beach-Sapphire Shores


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Frequently Asked Questions

When was property at 5022 Sun Circle built and last sold?
The property at 5022 Sun Circle was built in 1950 and last sold on Jan 2, 2024 for $1,300,000.
How much is this home worth?
The estimated value of the home located at 5022 Sun Circle is $0.
What are some comparable homes to 5022 Sun Circle?
There are currently no comparable homes to 5022 Sun Circle.