by Global Lifestyle Properties

See Home Value
$1,060,000
● House - Off Market

5539 Avenida Del Mare

SARASOTA, FL 34242
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,405 Ft²
$6,540
Est. Monthly
2.30%
Cap Rate

About This Property

This is a real estate investment worth exploring.  Experience an island lifestyle in this distinctive & charming coastal Siesta Key Beach House. This is a completely renovated, like new, showroom condition, move-in ready established income producing vacation rental property. This property awaits the right year round homeowner, vacation rental investor or new construction investor. This is a true gem with no HOA fees & a premium location just literally a few steps away from Siesta Key Beach & a short walk or trolley ride to the center of Siesta Key Villages.  This ground level, 3 bedrooms, 2 bath, light, bright & cozy beach property boasts terrific design features, craftsmanship & quality materials. The kitchen offers an efficient culinary space with quality custom cabinetry, granite counters, tile backsplash & updated stainless steel energy efficient appliances. The floor plan offers easy care engineered flooring throughout, ample bedroom space & closet spaces tucked away from the main living areas, ensuring privacy. The convenient laundry & utility room provides additional pantry or storage space.  The low maintenance landscaping will free up your time to relax & enjoy the ocean breeze & serene Gulf of Mexico sunset views from the front westward facing screened porch with outdoor dining & lounge areas.  The back yard offers a larger secluded screened porch, uncovered patio with outdoor shower & potential for additional features such as swim spa, hot tub, pool and/or landscape fountains. See the attachments with professional pool design w 3D images & proposal. This is a must see real estate opportunity. Owner managed vacation rentals generate approx. $40k annually, professional rental management forecasts $60-65k.  With zoning approval the building can possibly be expanded.
Unit Size
1,405 Ft²
Days on Market
61 days
Land Size
0.13 acres
Price per sqft
$854
Property Type
House
Property Taxes
$647
HOA Dues
-
Year Built
1975

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Last updated: 3 years ago (Stellar MLS #A4619527)

Price History

Date / Event Date Event Price
Oct 21, 2024 Sold
Sold
Sep 17, 2024 In contract -
In contract
Aug 21, 2024 Listed by BECKMANN REAL ESTATE $1,200,000
Listed by BECKMANN REAL ESTATE
Mar 24, 2015 Sold
Sold

Property Highlights

Parking Available
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 300
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 111
  • Pool Type: 0
  • Location Influence Type: 113

    Dimensions

  • Lot Size Square Feet: 5,768
  • Lot Size Depth Feet: 1,110
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,405
  • Gross Building Area: 1,705
  • Building Area: 1,405
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,405
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SARASOTA BEACH
  • Land Acres: 0000000132
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 10 BLK 28 SARASOTA BEACH

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: L018 A055 F052
  • Census Tract: 001904

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 28B
  • Account Number: 0107030006
  • Subdivision Tract Number: 289
  • Parcel: 0107-03-0006
  • Block: 28
  • Lot: 10
  • Meridian: SEC 13 TWN 37S RNG 17E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2693
  • Longitude: -82.5548

    Address

  • Full Address: 5539 Avenida Del Mare
  • Address - House Number: 5539
  • Address - Street Name: Avenida Del Mare
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C061
  • 4-Digit Zip Code: 1914
  • Zip Code: 34242

Valuation

    Tax

  • Total Area: 1,900
  • Tax Year: 2023
  • Tax Amount: $776,347
  • Tax Rate Code Area: 1800

    Appraisal Valuation

  • Standard Deviation: 0.1931
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 1,064,399
  • High Value: 1,269,939
  • Low Value: 858,859

    Market Valuation

  • Market Total Value: $730,800
  • Market Land Value: $604,100
  • Market Improvement Value: $126,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $730,800
  • Assessed Land Value: $604,100
  • Assessed Improvements Value: $126,700

    Sales

  • Current Sale Contract Date: Mar 23, 2015
  • Current Sale Recording Date: Mar 24, 2015
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015034384
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 Sarasota Beach


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Frequently Asked Questions

When was property at 5539 Avenida Del Mare built and last sold?
The property at 5539 Avenida Del Mare was built in 1975 and last sold on Mar 23, 2015 for $512,500.
How much is this home worth?
The estimated value of the home located at 5539 Avenida Del Mare is $0.
What are some comparable homes to 5539 Avenida Del Mare?
There are currently no comparable homes to 5539 Avenida Del Mare.