by Global Lifestyle Properties

See Home Value
$3,710,000
● House - Off Market

722 Sarabay ROAD

OSPREY, FL 34229
bedrooms
3 Beds
bathrooms
3 Baths
square feet
4,202 Ft²
$3,719,434
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

You've found paradise. Welcome to Hermit Point, a private, gated two acre estate with jaw-dropping sunset views. This custom-built residence features three bedrooms, an office, home theatre room, bonus room, and much more! Upon entering through the double custom hardwood front doors, your eye will be immediately drawn to atmospheric bay views through the massive windows. Stepping out through the sliding glass doors, you will encounter the heated pool and spa as well as your own private beach, set high above the bay with epic views.  Like to boat? The property has excellent boating water with a long custom dock and boat lift. The kitchen features an oversized bar, Dacor and Sub-Zero appliances, built-in wine refrigeration and abundant storage in the custom kitchen cabinetry. The master suite is on the second level and features a balcony overlooking the water, an oversized walk-in closet built-ins and luxurious bathroom. Upgrades and unique features include custom koi pond, detached summer kitchen structure, detached three car garage with storage space, built-in saltwater fish tank, and massive outdoor covered dining area. The long private treelined drive offers a true sense of privacy and seclusion, and only a lucky few can boast about owning a backyard that looks like a sandy beach adorned with towering coconut palms! Conveniently located just south of Sarasota, this property offers easy access to beaches, dining, shopping, and much more. Schedule your private tour of this outstanding offering today.
Unit Size
4,202 Ft²
Days on Market
81 days
Land Size
1.95 acres
Price per sqft
$773
Property Type
House
Property Taxes
$1,152
HOA Dues
-
Year Built
2003

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Last updated: 3 years ago (Stellar MLS #A4501638)

Price History

Date / Event Date Event Price
Mar 16, 2023 Sold
Sold
Oct 31, 2022 Listed by MICHAEL SAUNDERS & COMPANY $4,899,000
Listed by MICHAEL SAUNDERS & COMPANY
Aug 10, 2021 Sold
Sold
May 21, 2021 Listed by MICHAEL SAUNDERS & COMPANY $3,250,000
Listed by MICHAEL SAUNDERS & COMPANY
Aug 7, 2009 Sold
Sold

Property Highlights

Garage
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 875
  • Parking Space Count: 3
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 69

    Dimensions

  • Lot Size Square Feet: 84,816
  • Lot Size Depth Feet: 5,480
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 5,077
  • Gross Building Area: 5,077
  • Building Area: 4,202
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,202
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SARABAY ACRES
  • Land Acres: 0000001947
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 38, SARABAY ACRES, CONTAINING 1.9 C-ACM/L

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: W190 A055 F052
  • Census Tract: 002102

Zoning

  • Zoning: RSF1

Geography

  • Assessors Map Reference: 32A
  • Account Number: 0148110002
  • Subdivision Tract Number: 820
  • Parcel: 0148-11-0002
  • Lot: 38
  • Meridian: SEC 10 TWN 38S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.1856
  • Longitude: -82.4908

    Address

  • Full Address: 722 Sarabay Rd
  • Address - House Number: 722
  • Address - Street Name: Sarabay
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Osprey
  • Carrier Code: R008
  • 4-Digit Zip Code: 9515
  • Zip Code: 34229

Valuation

    Tax

  • Total Area: 6,814
  • Tax Year: 2023
  • Tax Amount: $3,988,307
  • Tax Rate Code Area: 9201

    Appraisal Valuation

  • Standard Deviation: 0.1673
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 4,294,953
  • High Value: 5,013,635
  • Low Value: 3,576,271

    Market Valuation

  • Market Total Value: $3,591,600
  • Market Land Value: $2,135,800
  • Market Improvement Value: $1,455,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,388,328

    Sales

  • Current Sale Contract Date: Mar 15, 2023
  • Current Sale Recording Date: Mar 16, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 42623
  • Previous Sale Recording Date: Aug 10, 2021
  • Previous Sale Contract Date: Aug 10, 2021
  • Previous Sale Amount: $3,710,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Sarabay Acres


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Frequently Asked Questions

When was property at 722 Sarabay Road built and last sold?
The property at 722 Sarabay Road was built in 2003 and last sold on Mar 15, 2023 for $4,400,000.
How much is this home worth?
The estimated value of the home located at 722 Sarabay Road is $0.
What are some comparable homes to 722 Sarabay Road?
There are currently no comparable homes to 722 Sarabay Road.