2 months on rocket

Sale Pending

1031 Indian Beach Dr, Sarasota, FL, 34234

$429,000

Home List Price

$5,094*

Closing Credit

2 Bedrooms
1 Full Bath
1,016 SqFt
$422/SqFt
House
Schools Nearby

Location

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1031 Indian Beach Dr, Sarasota$429,000

Buyer Closing Credits

$5,094*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConverted Garage, Driveway, Workshop in Garage
Attached Garage1 space
Year Built1945
HeatingCentral, Electric
CoolingCentral Air
FireplaceLiving Room, Wood Burning
MLS #A4600137
Lot Size0.16 Acres
StatusSale Pending
(Pending)

About 1031 Indian Beach Dr

Under contract-accepting backup offers. This 2-bed, one bath home with system updates (plumbing, AC, electrical service) will surprise you with architectural features reminiscent of the grand Mediterranean Revival estates nearby along Bay Shore Road. It sits far back on a deep lot leaving the spacious front yard a sunny spot for gardening. The entrance is through a covered screen porch with a flagstone floor. The decorative, solid wood front door has an original “speakeasy” window. The entry foyer is accented with a tile inlay mosaic. Most dramatic is the great room with a beamed, vaulted ceiling and a fireplace so large it probably once heated the entire house. Sliding doors open to the covered porch greatly expanding the indoor/outdoor living area. The primary bedroom with light streaming in from three sides, has a unique tile floor and decorative built ins for storage. The second bedroom, with a coffered ceiling of pecky cypress also has sliders leading to a large paver stone courtyard. Updates include granite counters in the small galley kitchen and a new tile floor in the bath but don’t forget to check out the “peachy” mid-century tiled walls. Other improvements you may not see are new water and waste lines, a newer AC system and 200-amp electrical service. The original, detached garage/carport was enclosed for storage space but could easily be “put back” to its original use. Maybe you would want to improve it and create more living space. It helps frame the courtyard creating and intimate and private space. This is a small house that lives large. If you have ever dreamed of living in and “Old Florida” Mediterranean manse but could not afford the price tag (or did not need the space) this is your chance to have one as a pied a terre in the City of Sarasota. This property is just up the road from the beautiful Indian Beach Park directly on the shore of Sarasota Bay and just a few parcels away from the Ringling College of Art and Design. Since it is less than 2 miles from downtown Sarasota don’t be surprised to see neighbors bicycling to the farmers market on Saturday. St. Armands Circle and the beaches of Lido and Longboat Key are also just a short jaunt over the Ringling Bridge.

Property Details

Property Features

Property Information:

  • Architectural Style: Mediterranean
  • Year Built: 1945
  • Stories: 1
  • Living Area: 1,016 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 366-8070
  • Listing Agent: David Jennings

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Ceramic Tile, Laminate
  • Interior: Built-in Features, Cathedral Ceiling(s), Ceiling Fans(s), Coffered Ceiling(s), Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Vaulted Ceiling(s), Window Treatments
  • Fireplace: Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Courtyard, Rain Gutters, Sidewalk, Sliding Doors, Storage

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Converted Garage, Driveway, Workshop in Garage

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Booker High School, Public Magnet Grades 9-12
  • Booker Middle School, Public Magnet Grades 6-8
  • Emma E. Booker Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From downtown Sarasota go north on Tamiami Trail to Indian Beach Drive (Ringling College of Art & Design). West on Indian Beach Drive. Property is on north side of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $429,000
  • Price Per SqFt: $422/SqFt

Tax Information:

  • Annual Amount: $3,196
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

Med. Sold Price

$513.2K

Med. Price/SqFt

$305

Avg. Days On Market

62

# of Sold Homes

531

1031 Indian Beach Dr vs Sarasota

66 DAYS ON ROCKET

+4 Days

$429,000

-$84.2K Less

$422/SqFt

+$117 More

KEY TAKEAWAY

This property is $84.2K less than the Median Sold Price and $117/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4600137

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 366-8070
  • Listing Agent: David Jennings

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/29/2024, 1:19:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 27, 2013Home Sold
$105,600
Jan 10, 2005Home Sold
$188,200
Aug 04, 2003Home Sold
$160,000
Feb 16, 1999Home Sold
$82,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,196$192,900
2019$2,951$170,392
2018$2,904$154,902
2017$2,682$174,800

History based on county public records data.

Payment Calculator

$2,209

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,353

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3134215
4
/10
  • Emma E. Booker Elementary School

  • 2350 Dr Martin Luther King Way

  • 1.64 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3134216
2
/10
  • Booker Middle School

  • 2250 Myrtle St

  • 1.71 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-3134217
3
/10
  • Booker High School

  • 3201 N Orange Ave

  • 0.67 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,566. The majority of Sarasota, FL residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1031 Indian Beach Dr

What is the listing price of this property?

The listing price of 1031 Indian Beach Dr property is $429,000.

What type of property is this?

The property 1031 Indian Beach Dr is a house located in Sarasota, Florida, 34234.

Is this property for sale now?

Sale Pending: 1031 Indian Beach Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1031 Indian Beach Dr are:
Emma E. Booker Elementary School: GreatSchools Rating 4/10
Booker Middle School: GreatSchools Rating 2/10
Booker High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,196 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 27, 2013 for $105,600. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1031 Indian Beach Dr has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1031 Indian Beach Dr is 1,016 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1031 Indian Beach Dr is 1945.

Rocket HomesFloridaSarasota CountySarasota342341031 Indian Beach Dr

This home is located at 1031 Indian Beach Dr in Sarasota, FL and zip code 34234 in the Indian Beach / Sapphire Shores neighborhood. This 1,016 square foot home, which was built in 1945, sits on a 0.16 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 22, 2024 and is currently priced at $429,000.

Over 30 listings were sold over their listed price in March 2024 in Sarasota, FL. In the same period over 414 listings were sold below the listed price and 87 listings were sold for the listed price. The inventory of homes for sale in Sarasota, FL between February 2024 and March 2024 increased by 3.8%. In March 2024 median list price was $513,207 and the average listing age was 62 days.

From Rocket Homes Real Estate and based on county public records data.

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