2 months on rocket

Sale Pending

516 Pine Cone Ln, Nokomis, FL, 34275

$1,095,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,918 SqFt
$571/SqFt
House
Schools Nearby

Location

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516 Pine Cone Ln, Nokomis$1,095,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1969
HeatingCentral, Electric
CoolingCentral Air
WaterfrontBay
ViewWater
MLS #D6135280
Lot Size0.36 Acres
StatusSale Pending
(Pending)

About 516 Pine Cone Ln

INCREDIBLE WATERFRONT OPPORTUNITY – PRICED AT LAND VALUE! This stunning property offers a prime location that is truly unbeatable and rarely available ~ this is the best waterfront deal on the market right now in Sarasota County for an OVERSIZED LOT with NO BRIDGES to the Gulf of Mexico and No HOA or Deed Restrictions. Nestled at the end of a tranquil cul-de-sac along the edge of LYONS BAY, no through traffic and you can walk to Pop’s Sunset Grill and Nokomis Beach on Casey Key! This .36-acre waterfront retreat offers a captivating view with an 80’ SEAWALL with DOCK (18’ dock recently installed in 2018, along with recent seawall enhancements and stainless tiebacks). Even if you’re not a boater, the tranquil sight of manatees and dolphins playing beside your seawall will be a delight. The solid concrete home has been there since 1969, and it has enormous potential with endless possibilities. The home features over 1,900 s.f. with 3 bedrooms, 2 bathrooms and a 2-car garage. Essential updates completed in recent years include a new roof (2017), HVAC system (2019), electrical system (2017), hurricane impact windows and doors (2017), attic insulation (2017), and hot water heater (2023). Additionally, a state-of-the-art 7.2KW SunPower solar panel system with a 12KWH Sonnen backup battery was installed in 2018 for added peace of mind. This charming home has great bones to customize as you wish: remodel, add on, go up to two stories to take advantage of the bay view, tear down, whatever you desire. City water is available for those who opt to connect. Enjoy all that can be accessed in this perfect Vacation Location: explore by foot, bike, or golf cart - Casey Key Island, Nokomis beach and North Jetty, waterfront restaurants, tiki bars, drum circle, sunsets, fishing, boating, and more. Don’t let this one get away, call today!

Property Details

Property Features

Property Information:

  • Year Built: 1969
  • Living Area: 1,918 SqFt

Listing Office:

  • Office Name: WENDY REINHARDT REALTY,INC.
  • Office Phone: (941) 321-1671
  • Listing Agent: Wendy Reinhardt

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer, Water Filtration System, Water Softener
  • Flooring Type: Bamboo, Terrazzo, Tile
  • Interior: Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Bay
  • View: Water
  • Exterior: Awning(s), Outdoor Shower

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Oversized Lot
  • Lot Size: 0.36 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Venice High School, Public District Grades 9-12
  • Laurel Nokomis School, Public District Grades PK-8

Other

Directions Information:

  • Directions: US 41 to Albee Road West, left on Lyons Bay Road, right on Pine Cone Lane.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,095,000
  • Price Per SqFt: $571/SqFt

Tax Information:

  • Annual Amount: $5,641
  • Tax Year: 2020
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Housing Market Comparison

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

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Nokomis, FL

City

Med. Sold Price

$569K

Med. Price/SqFt

$298

Avg. Days On Market

48

# of Sold Homes

72

516 Pine Cone Ln vs Nokomis

60 DAYS ON ROCKET

+12 Days

$1,095,000

+$525.9K More

$571/SqFt

+$273 More

KEY TAKEAWAY

This property is $525.9K more than the Median Sold Price and $273/SqFt more than other homes in Nokomis, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #D6135280

Listing Office:

  • Office Name: WENDY REINHARDT REALTY,INC.
  • Office Phone: (941) 321-1671
  • Listing Agent: Wendy Reinhardt

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: 4/28/2024, 8:19:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 27, 1999Home Sold
$250,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,641$431,100
2019$5,514$424,848
2018$5,392$416,043
2017$5,079$384,686

History based on county public records data.

Payment Calculator

$5,533

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,349

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-2040712
8
/10

  • Laurel Nokomis School

  • 1900 Laurel Rd E

  • 2.29 miles

  • Public District Grades PK-8

High School

school-card-donut-2040713
6
/10

  • Venice High School

  • 1 Indian Ave

  • 2.30 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,540. The majority of Nokomis, FL residents have income less than $35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 516 Pine Cone Ln

What is the listing price of this property?

The listing price of 516 Pine Cone Ln property is $1,095,000.

What type of property is this?

The property 516 Pine Cone Ln is a house located in Nokomis, Florida, 34275.

Is this property for sale now?

Sale Pending: 516 Pine Cone Ln 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 516 Pine Cone Ln are:
Laurel Nokomis School: GreatSchools Rating 8/10
Venice High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,641 (source: MLS/based on county public records data).

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

The last sale was on July 27, 1999 for $250,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 516 Pine Cone Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 516 Pine Cone Ln is 1,918 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 516 Pine Cone Ln is 1969.

Rocket Homes›Florida›Sarasota County›Nokomis›34275›516 Pine Cone Ln

This home is located at 516 Pine Cone Ln in Nokomis, FL and zip code 34275. This 1,918 square foot home, which was built in 1969, sits on a 0.36 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 28, 2024 and is currently priced at $1,095,000.

In March 2024, from all listings sold in Nokomis, FL there were more than 1 sold above asking price, over 48 sold below and more than 23 were sold right at the asked price. The number of listings in Nokomis, FL increased by 8.7% between February 2024 and March 2024. While the average time on the market in March 2024 was 48 days, the median list price was $569,016.

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

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