by Global Lifestyle Properties

See Home Value
$800,000
● House - Off Market

831 Siesta DRIVE

SARASOTA, FL 34242
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,202 Ft²
$4,586
Est. Monthly
4.44%
Cap Rate

About This Property

Your own piece of Paradise, on the north end of Siesta Key, with easy access to all the wonderful amenities in the Village and the world class Crescent Beach. Additionally - close to Downtown Sarasota with exceptional dining, theatre, shopping and more. The old Florida cottage is ready for your personal touch, or build your dream house in this prime location. This property is in the City limits so shorter term rentals are allowed . Great investment property .
Unit Size
1,202 Ft²
Days on Market
517 days
Land Size
0.39 acres
Price per sqft
$748
Property Type
House
Property Taxes
$171
HOA Dues
-
Year Built
1956

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Cap Rate Calculator

Last updated: 3 years ago (Stellar MLS #A4562249)

Price History

Date / Event Date Event Price
Jul 30, 2024 Sold
Sold
Apr 30, 2024 In contract -
In contract
Mar 30, 2024 Price Decreased $899,000
↓ $26K (2.8%)
Price Decreased
Mar 20, 2024 Price Decreased $925,000
↓ $25K (2.6%)
Price Decreased
Feb 1, 2024 Price Decreased $950,000
↓ $49K (4.9%)
Price Decreased
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Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 6
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 17
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 94
  • Porch Type: 77
  • Pool Type: 0
  • Location Influence Type: 113

    Dimensions

  • Lot Size Square Feet: 16,968
  • Total Building Area: 1,202
  • Gross Building Area: 1,444
  • Building Area: 1,202
  • Building Area Measurement: L

    Heating and Cooling

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

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAY ISLAND
  • Land Acres: 0000000390
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: BEG AT INTRS OF E ROW LINE OF MERCADO ST NOW VAC WITH S ROW LINE OF 50 FT UNNAMED ST NOW VAC RUN TH S 70 DEG 00 MIN E 84.81 FT TH N 20 DEG 00 MIN E 25 FT TO CTR LINE OF SAID UNNAMED ST FOR POB TH S 0

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: T02 T02D A055
  • Census Tract: 001903

Zoning

  • Zoning: RSF1

Geography

  • Assessors Map Reference: 21
  • Account Number: 2019090018
  • Subdivision Tract Number: 634
  • Parcel: 2019-09-0018
  • Lot: 207
  • Meridian: SEC 36 TWN 36S RNG 17E
  • Municipality: CITY OF SARASOTA
  • Latitude: 27.3025
  • Longitude: -82.5493

    Address

  • Full Address: 831 Siesta Dr
  • Address - House Number: 831
  • Address - Street Name: Siesta
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C028
  • 4-Digit Zip Code: 1053
  • Zip Code: 34242

Valuation

    Tax

  • Total Area: 2,050
  • Tax Year: 2023
  • Tax Amount: $202,664
  • Tax Rate Code Area: 0200

    Appraisal Valuation

  • Standard Deviation: 0.082
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 93
  • Final Value: 1,027,342
  • High Value: 1,111,611
  • Low Value: 943,072

    Market Valuation

  • Market Total Value: $625,300
  • Market Land Value: $542,900
  • Market Improvement Value: $82,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,146

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes
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 Bay Island


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Frequently Asked Questions

When was property at 831 Siesta Drive built and last sold?
The property at 831 Siesta Drive was built in 1956 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 831 Siesta Drive is $5,151,000.
What are some comparable homes to 831 Siesta Drive?
There are currently no comparable homes to 831 Siesta Drive.