by RH Advisors

Check Availability
$950,000
↓ $49K (4.9%)
House - For Sale

5595 Merrimac DRIVE

SARASOTA, FL 34231
bedrooms
3 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
1732 Sqft
$5,192
Estimated Monthly
3.88%
Cap Rate

About This Property

Welcome to your dream home in the highly sought-after Phillippi Gardens community! This stunning residence boasts a wealth of upgrades and luxurious features, ensuring a lifestyle of comfort, convenience, and elegance. As you step inside, you'll immediately notice the attention to detail and quality craftsmanship that defines this home. The split bedroom floorplan offers three bedrooms, two full bathrooms, and two NEW half bathrooms, providing ample space for relaxation and privacy. A few upgrades include a new roof with a current wind mitigation certification, new hurricane-rated PGT windows, along with hurricane-rated bi-fold patio doors, and a bi-fold window over the kitchen sink, seamlessly blending the indoor and outdoor living area and maximizing your entertaining space. Stay comfortable year-round with the brand new AC system equipped with a heat pump. The kitchen is a chef's delight, featuring stainless steel appliances, including an induction stove and an always-on hot water system, subway tile backsplash, quartz countertops, pendant lighting and an oversized center island which provides added seating and space to prepare your next meal. The primary suite has an architect designed floorplan with a grand walk-in closet that boasts built-in cabinets for optimal storage and an attached en-suite bathroom with a massive walk-in shower, double sinks and gorgeous ceramic tile flooring. A washer and dryer are conveniently located off the primary closet, making laundry days a breeze. Off the back you can enjoy outdoor living to the fullest with the pristine pool overlooking the rear canal, the perfect spot for star gazing off the lanai and watching many picturesque sunrises over the creek. The pool cage was recently replaced as well as newly installed travertine pavers, complemented by new pool equipment, including a Pentair filter and variable speed pump. A drip irrigation system ensures lush greenery in the garden areas surrounding the pool and northern border. Entertain guests effortlessly with the pool bathroom conveniently leading out to the pool/patio area, complete with an outlet for a hot tub, creating the ultimate outdoor oasis. All upgrades were completed in 2022 minus the roof in 2021. This wonderful neighborhood has no HOA, no CDD restrictions and is nearby all of the essentials. Just a 5-minute drive to the world-famous Siesta Key Beach, and Downtown Sarasota and St. Armands Circle are a short drive away for more dining and cultural activities. You can walk to the farmers market at Phillippi Estate Park; Gulf Gate shops & Detweilers! Don't miss the opportunity to make this exquisite property your own – schedule your showing today and make this dream a reality!
Unit Size
1,732Ft²
Days on Market
81 days
Land Size
0.30 acres
Price per sqft
$549
Property Type
House
Property Taxes
$527
HOA Dues
-
Year Built
1962

Listed By

Tiffany Hamilton
Tiffany Hamilton
Hamilton Realty Advisors LLC
Last updated: 27 days ago (Stellar MLS #A4600561)

Price History

Date / Event Date Event Price
Apr 25, 2024 Price Decreased $950,000
↓ $49K (4.9%)
Price Decreased
Apr 9, 2024 Price Decreased $999,000
↓ $51K (4.9%)
Price Decreased
Mar 1, 2024 Listed by RE/MAX ALLIANCE GROUP $1,050,000
Listed by RE/MAX ALLIANCE GROUP
Oct 8, 2020 Sold to William J Brame $570,000
Sold to William J Brame

Property Highlights

Garage
Air Conditioning
With View
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details

Bathroom Information

Half Bathrooms: 2
Full Bathrooms: 2

Interior Information

Interior Features: Ceiling Fans(s), Eating Space In Kitchen, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Walk-In Closet(s), Window Treatments
Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Flooring Type: Terrazzo
Laundry Features: In Garage

Room Information

Rooms: 8

Fireplace Information

Has Fireplace
Fireplace Features: Other Room

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Square Area: 524
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,975
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 870
  • Total Building Area: 2,256
  • Gross Building Area: 2,256
  • Building Area: 1,732
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,732
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: PHILLIPPI GARDENS 08
  • Land Acres: 0.298
  • Legal Description 1: LOT 169 PHILLIPPI GARDENS UNIT 8

Ownership

  • Current Owner : BRAME WILLIAM J
  • Previous Owner : BRAME HERMAN W
  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: L048 W190 A055
  • Census Tract: 001805

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 29-8
  • Account Number: 0086110015
  • Subdivision Tract Number: 1625
  • Parcel: 0086-11-0015
  • Lot: 169
  • Meridian: SEC 08 TWN 37S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2722
  • Longitude: -82.5245

    Address

  • Full Address: 5595 Merrimac Dr
  • Legal Unit: 8
  • Address - House Number: 5595
  • Address - Street Name: Merrimac
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C043
  • 4-Digit Zip Code: 4116
  • Zip Code: 34231

Valuation

    Tax

  • Total Area: 2,697
  • Tax Year: 2023
  • Tax Amount: $6,320
  • Tax Rate Code Area: 4892

    Appraisal Valuation

  • Standard Deviation: 0.0821
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 1,028,880
  • High Value: 1,113,392
  • Low Value: 944,367

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $399,000
  • First Open Lien Mortgage Lender: NFM INC
  • First Open Lien Mortgage Recording Date: Oct 08, 2020
  • First Open Lien Mortgage Loan Amount: $399,000
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $729,100
  • Market Land Value: $446,400
  • Market Improvement Value: $282,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $508,973

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 07, 2020
  • Current Sale Recording Date: Oct 08, 2020
  • Current Sale Transaction ID: 11790649422
  • Current Sale Price: $570,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2020139877

    Last Sale Mortgage

  • First Mortgage Lender: NFM INC
  • First Mortgage Transaction Date: Oct 08, 2020
  • First Mortgage Loan Amount: $399,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Nov 01, 2050

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,549 ft²
$552/ft²
$855,000 Jan 9, 2024
$855,000 Feb 14, 2024
$617/mo
House
3 Beds
2 Baths
1,829 ft²
$481/ft²
$880,000 Jun 15, 2023
$880,000 Aug 22, 2023
$461/mo
House
3 Beds
2 Baths
1,599 ft²
$860/ft²
$1,375,000 Jul 21, 2023
$1,375,000 Sep 6, 2023
$481/mo
House
3 Beds
4 Baths
1,900 ft²
$526/ft²
$1,000,000 Sep 13, 2023
$1,000,000 Nov 17, 2023
$392/mo
House
3 Beds
3 Baths
2,350 ft²
$426/ft²
$1,000,054 Oct 9, 2023
$1,000,054 Dec 13, 2023
$844/mo
House
2 Beds
3 Baths
2,104 ft²
$506/ft²
$1,065,000 Nov 27, 2023
$1,065,000 Dec 20, 2023
$1,236/mo
House
3 Beds
3 Baths
2,262 ft²
$553/ft²
$1,250,000 Nov 13, 2023
-
$1,054/mo
Condo
3 Beds
2 Baths
2,232 ft²
$380/ft²
$849,000 Feb 18, 2024
-
$1,454/mo
Condo
3 Beds
3 Baths
1,843 ft²
$515/ft²
$950,000 Jul 23, 2023
-
$707/mo
Condo
3 Beds
2 Baths
2,098 ft²
$429/ft²
$899,000 Nov 2, 2023
-
$1,083/mo
House
2 Beds
3 Baths
1,416 ft²
$742/ft²
$1,050,000 Feb 8, 2024
-
$174/mo
House
4 Beds
4 Baths
2,124 ft²
$421/ft²
$895,000 Dec 28, 2023
-
$336/mo

About Phillippi Gardens


Similar Homes for Sale

Unit for sale at 2414 Portland Street, SARASOTA, FL 34231

$1,050,000

  • 2 Beds
  • 3 Baths
  • 1,416 ft²
2414 Portland Street, SARASOTA, FL 34231 Listing by Kim Martinez
Open House: 1PM - 4PM, Sun Mar 3
Unit for sale at 6782 Schooner Bay Circle, SARASOTA, FL 34231

$899,000

  • 3 Beds
  • 2 Baths
  • 2,098 ft²
6782 Schooner Bay Circle #6782, SARASOTA, FL 34231 Listing by Sam Kasprzyk-Benge
Unit for sale at 5450 Eagles Point Circle, SARASOTA, FL 34231

$950,000

  • 3 Beds
  • 3 Baths
  • 1,843 ft²
5450 Eagles Point Circle #405, SARASOTA, FL 34231 Listing by Lee Brewer

Nearby Rentals

Unit for rent at 2309 Lynn Street, SARASOTA, FL, 34231

$3,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,618 ft²
2309 Lynn Street, SARASOTA, FL, 34231 Listing by C. Alison Hunter
Unit for rent at 5653 Summerside Lane, SARASOTA, FL, 34231

$4,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,100 ft²
5653 Summerside Lane #32A, SARASOTA, FL, 34231 Listing by Jane Hunter
Unit for rent at 7328 Curtiss Avenue, SARASOTA, FL, 34231

$3,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,498 ft²
7328 Curtiss Avenue, SARASOTA, FL, 34231 Listing by Maureen Plichta


Frequently Asked Questions

When was property at 5595 Merrimac Drive built and last sold?
The property at 5595 Merrimac Drive was built in 1962 and last sold on Oct 7, 2020 for $570,000.
How much is this home worth?
The estimated value of the home located at 5595 Merrimac Drive is $937,865.
What are some comparable homes to 5595 Merrimac Drive?
Homes that are comparable to 5595 Merrimac Drive include a condo property at 6660 Schooner Bay Circle, 5450 Eagles Point Circle, 6782 Schooner Bay Circle.

Quantcast