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$3,200,000   Price Analysis
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503 Velasquez Dr
Osprey, FL 34229
4 bed 4 bath 2,862 SqFt ($1118/SqFt)
0.58 acre lot. Built 1979
Listed 2024-07-25, HOA $7, Taxes $16,906
Ⓧ USDA Ineligible
due to price & location

near Laurel

Welcome to 503 Velasquez Drive

Your Osprey Oasis and waterfront estate located on Blackburn Bay o f the Intracoastal Waterway. This property offers an unparalleled view in its prime location overlooking the Bay, with stunning sunsets and quiet early morning reflection over the heated pool. The garden walk to the front door sets the tone for this impressive home, with its mature plant life and secluded walkway. Once inside, you'll find many 'extras', such as the gourmet range with pot-filler, wine refrigerator and open kitchen island for the chef of the home. With an open floor plan boasting high ceilings and spacious living area, entertaining will be a joy. Step out back into the screened porch and enjoy a gathering with friends and family. Plenty of outdoor living and entertaining space, with dual patios and a private sandy beach area for launching water craft such as kayaks or paddl boards. For the boaters, there is a newly installed lift and a fishing pier with a cleaning station. You can have it all with this gem!

An attached two-car garage and another detached one-car with room for an efficiency suite. Don't miss your opportunity to own your own piece of paradise!


Presented by Krista Eash at
EXP Realty, LLC.
Listing Agent Photo

Property MLS #A4617786 from StellarMLS

Total Rooms: 13
Primary Bathroom: 11 x 10
Primary Bathroom Level: First
Living Room Dimensions: 16 x 20
Living Room Level: First
Extra Room-1 Description: Florida Room, Garage Apartment

Cooktop
Dishwasher
Disposal
Dryer
Electric Water Heater
Microwave
Range
Refrigerator
Washer
Wine Refrigerator
Laundry Features: Electric Dryer Hookup, Laundry Room, Washer Hookup

Bedrooms: 4
Primary Bedroom Dimensions: 16 x 20
Bedroom 2 Dimensions: 11 x 22
Bedroom 3 Dimensions: 12 x 12
Bedroom 4 Dimensions: 12 x 12
Primary Bedroom Level: First
Bedroom 2 Level: First
Bedroom 3 Level: First
Bedroom 4 Level: First

Total Bathrooms: 4
Full Bathrooms: 3
1/2 Bathrooms: 1
Bathroom 2 Dimensions: 6 x 9
Bathroom 3 Dimensions: 8 x 9
Bathroom 4 Dimensions: 5 x 6
Bathroom 2 Level: First
Bathroom 3 Level: First
Bathroom 4 Level: First

Ceiling Fans(s)
Crown Molding
High Ceilings
Open Floorplan
Primary Bedroom Main Floor
Skylight(s)
Walk-In Closet(s)
Flooring: Laminate, Tile

Cooling Features: Central Air
Heating Features: Central, Electric, Heat Pump

Dining Room Dimensions: 14 x 14
Dining Room Level: First
Kitchen Dimensions: 16 x 18
Kitchen Level: First

Water Body Name: BLACKBURN BAY / INTRACOASTAL W
Water Features: Intracoastal Waterway
Intracoastal Waterway
Waterfront Feet: 110

Irrigation System
Lighting
Sliding Doors
Fencing: Fenced
Patio And Porch Features: Covered, Screened
Road Surface Type: Paved
Porch Dimensions: 12 x 19
Porch Level: First

Pool Features: Heated, In Ground, Salt Water
Pool Private: Yes
Pool Size: 12 X 26

Attached Garage: Yes
Garage Spaces: 3
Parking Features: Driveway, Garage Door Opener, Off Street

Lot Size Acres: 0.58
Vegetation: Mature Landscaping
Lot Size Square Feet: 25132

View: Water

Association: Yes
Association Fee: 85
Association Fee Frequency: Annually
Calculated Total Monthly Association Fees: 7
Pets Allowed: Yes

Elementary School: Laurel Nokomis Elementary
High School: Venice Senior High
Middle School: Sarasota Middle

Laurel Nokomis School is a public elementary and middle school located approximately 4 miles away.
directions icon Map directions

Venice Senior High School is a public high school located approximately 5.6 miles away.
directions icon Map directions

Victory Baptist Academy is a private elementary, middle and high school located approximately 1.8 miles away.
directions icon Map directions

Lease Term: Minimum Lease: 1 Month

Annual Tax Amount: 22932.64
Source Listing Status: Active
County: Sarasota
Directions: From US-41 & FL-681, continue North on US-41 to Sorrento Dr., Left onto Sorrento Dr. to S Shore Dr., Right onto S Shore Dr to Velasquez Drive. Left onto Velasquez. Pull into the left-most (shared) driveway, curving to the right, then to the left. Follow the posted signs to 503.
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential
Area: 34229 - Osprey
Source Neighborhood: SORRENTO SHORES REP OF 2
Parcel Number: 0159080033
Postal Code Plus 4: 9680
Subdivision: SORRENTO SHORES REP OF 2
Township: 38S
Zoning: RSF1
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$577,400 + $825,800
$1,403,200
$16,906
2021$unknown + $unknown
$938,796
$385
2020$unknown + $unknown
$925,834
$370
2019$unknown + $unknown
$905,019
$338
2018$unknown + $unknown
$780,670
$11,622
2017$242,900 + $466,800
$709,700
$9,313
2016$259,500 + $515,400
$774,900
$10,336
2015$241,000 + $534,000
$775,000
$10,607
2014$unknown + $unknown
$847,242
$11,682
2013$unknown + $unknown
$770,220
$11,486
2012$unknown + $unknown
$700,200
$9,705
2011$unknown + $unknown
$715,200
$9,739
2010$unknown + $unknown
$765,700
$10,710
2009$unknown + $unknown
$843,100
$10,914
2008$unknown + $unknown
$842,258
$10,475
2007$unknown + $unknown
$817,726
$10,367

Listed 2024-07-25
$3,200,000
StellarMLS
Sold 2022-03-24
$2,650,000
StellarMLS
Price Changed 2022-02-17
$2,695,000
StellarMLS
Price Changed 2022-02-01
$2,895,000
StellarMLS
Listed 2022-01-20
$3,195,000
StellarMLS
Sold 2021-08-06
$1,500,000
StellarMLS
Listed 2021-05-14
$1,695,000
StellarMLS
Sold 2018-06-29
$1,150,000
StellarMLS
Price Changed 2018-02-05
$1,295,000
StellarMLS
Price Changed 2017-09-20
$1,395,000
StellarMLS
Relisted 2017-07-18
$1,497,000
StellarMLS
Listing removed 2017-07-02
$1,497,000
StellarMLS
Listed 2017-05-20
$1,497,000
StellarMLS
Listing removed 2011-12-01
$3,000
StellarMLS
Listed for rent 2011-11-20
$3,000
StellarMLS
Sold 2009-10-22
$980,000
Public Record
Sold 2002-07-11
$940,000
Public Record

Total Square Feet Living: 2862
Year Built: 1979
Building Area Source: Public Records
Building Area Total: 3615
Construction Materials: Stucco
Direction Faces: Northeast
Foundation Details: Slab
Levels: One
Property Age: 45
Roof: Tile
Levels or Stories: 1
Building Total Stories: 1
Architectural Style: Ranch

Sewer: Septic Tank
BB/HS Internet Available
Electricity Connected
Propane
Public
Water Connected
Water Source: Public
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.