503 Velasquez Drive

Osprey, FL 34229

$2,950,000
Price
4
Beds
3
Baths
1
1/2 Bath
2,862 Sq. Ft.
$1,031 / Sq. Ft.
2,862
Sq. Ft.
$1,031
per Sq. Ft.

Description

Discover this elegant waterfront retreat nestled on Blackburn Bay along the Intracoastal Waterway. This estate captures the true essence of coastal living, offering serene mornings over the bay and
vibrant sunset views from the heated pool, all in a tranquil and private setting. From the moment you arrive, the lushly landscaped garden path welcomes you with mature tropical plants and a secluded courtyard entrance that has a Mediterranean flare. Inside, the home features an open-concept design with
...Discover this elegant waterfront retreat nestled on Blackburn Bay along the Intracoastal Waterway. This estate captures the true essence of coastal living, offering serene mornings over the bay and
vibrant sunset views from the heated pool, all in a tranquil and private setting. From the moment you arrive, the lushly landscaped garden path welcomes you with mature tropical plants and a secluded courtyard entrance that has a Mediterranean flare. Inside, the home features an open-concept design with high ceilings and expansive living areas that include spectacular water vistas. Culinary enthusiasts will appreciate the chef-inspired kitchen, complete with a gourmet range, pot-filler,
wine refrigerator, and an oversized island perfect for gatherings. Step into the screened lanai and immerse yourself in outdoor living at its finest. With dual patios, there’s ample space for relaxation and socializing, whether hosting a casual BBQ or an elegant dinner party. A private sandy beach area offers the perfect launch spot for kayaks and paddleboards, while the
dock includes a boat lift, fishing pier, and cleaning station – ideal for boating and fishing enthusiasts. For added convenience, the property features an attached two-car garage, plus a detached one-car garage with room to create an efficiency suite or guest space. This unique waterfront estate embodies the best of Florida living and offers a rare opportunity to own a slice of paradise on the bay.
  1. Listed by Krista Eash • EXP REALTY LLC
  2. Listed by Shannon Thinnes • EXP REALTY LLC

Property Details for 503 Velasquez Drive

Architectural Style
Ranch
Subdivision Name
SORRENTO SHORES REP OF 2
Township
38S
Garage Spaces
3
View
Water
Waterfront
Yes
Water View
Bay/Harbor - Full
LISTING UPDATED: 10/30/2024 02:04 PM

Property Details for 503 Velasquez Drive

StatusActive
MLS #A4617786
Days on Market119
Taxes$22,933 / year
HOA Fees$85 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1979
Lot Size0.58 AC / 25,132 SF
CountySarasota County

Building Information for 503 Velasquez Drive

Stories1Year Built1979Building Size-Lot Size0.58 AC / 25,132 SF

Property Information for 503 Velasquez Drive

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 3615.0
  • Building Area Units: Square Feet
  • Direction Faces: Northeast
  • 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.
  • Elementary School: Laurel Nokomis Elementary
  • Middle Or Junior School: Sarasota Middle
  • High School: Venice Senior High
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Sorrento Shores
  • Unit Number: No
  • Street Number: 503
  • Street Name: VELASQUEZ
  • Street Suffix: DRIVE
  • State: FL
  • City: OSPREY
Parking
  • Attached Garage: Yes
  • Available For Lease: Yes
  • Carport: No
  • Garage: Yes
  • Parking Features: Driveway, Garage Door Opener, Off Street
Taxes and HOA Information
  • Association Approval Required: No
  • Association Fee Requirement: Optional
  • Association: Yes
  • CDD: No
  • Tax Block: E
  • Tax Book Number: 7-57
  • Tax Legal Description: PART OF LOT 23, BLK E, REPLAT OF SORRENTO SHORES, PB 7 PG 57 & PART OF LOT 24, BLK E, REPLAT OF SORRENTO SHORES, PB 6 PG 59 BEING DESC AS, FROM MOST NLY CORNER OF SAID LOT 24, SAME BEING ELY CORNER OF SAID LOT 23 TH S 33-33-45 E 48.63 FT ALONG ELY BOUNDARY OF SAID LOT 24 S 59-04-52 W 105.53 FT FOR POB TH N 27-16-20 W 100 FT TH S 60-41-06 W 195 FT M/L TO WATERS OF BLACKBURN BAY TH MEANDERING SELY ALONG SAID WATERS OF BLACKBURN BAY TO POINT THAT LIES S 59-04-52 W OF POB TH N 59-04-52 E 180 FT M/L
  • Tax Lot: 23
  • Tax Year: 2023
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 0159080033
  • Total Acreage: 1/2 to less than 1
  • Water Access: Intracoastal Waterway
  • Water Access: Yes
  • Water Body Name: BLACKBURN BAY / INTRACOASTAL W
  • Water Extras: Lift, No Wake Zone, Riprap
  • Water Extras: Yes
  • Water: Lift, No Wake Zone, Riprap
  • Water Frontage Feet ICW: 110
  • Zoning: RSF1
  • Zoning Compatible: Yes
  • Living Area: 2862
Property and Assessments
  • Year Built Numeric: 1979
  • Flood Zone Code: X500
  • Flood Zone Date: 03-27-2024
  • Home Warranty: No
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 18E
  • Public Survey Section: 22
  • Dock YN: Yes
  • Dock Description: Dock - Composite, Dock w/Electric, Fish Cleaning Station, Lift
  • Dock Lift Capacity: 10000
  • Dock Dimensions: 5x105
Utilities
  • Sewer: Septic Tank
  • Utilities: BB/HS Internet Available, Electricity Connected, Propane, Public, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco
  • Exterior Features: Irrigation System, Lighting, Sliding Doors
  • Fencing: Fenced
  • Foundation Details: Slab
  • Levels: One
  • Other Structures: Other
  • Patio And Porch Features: Covered, Screened
  • Pool Dimensions: 12 X 26
  • Pool Features: Heated, In Ground, Salt Water
  • Pool Private: Yes
  • Pool: Private
  • Pool Private: Yes
  • Roof: Tile
  • Vegetation: Mature Landscaping
  • Waterfront Features: Intracoastal Waterway
  • Waterfront Feet Total: 110
  • Number Of Stories: 1
Interior Features
  • Bedrooms Total: 4
  • Bathrooms Full: 3
  • Additional Rooms: Florida Room, Garage Apartment
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Heating: Central, Electric, Heat Pump
  • Interior Features: Ceiling Fans(s), Crown Molding, High Ceiling(s), Open Floorplan, Primary Bedroom Main Floor, Skylight(s), Walk-In Closet(s)
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Washer Hookup
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 13.0
  • Water View: Yes
  • Bathrooms Half: 1
Room 1
  • Room Dimensions 1: 16x18
  • Room Features 1: Breakfast Bar, Closet Pantry, Cooking Island, Desk Built-In, Granite Counters, Island
  • Room Flooring 1: Tile
  • Room Length 1: 18.0
  • Room Level 1: First
  • Room Type 1: Kitchen
  • Room Width 1: 16.0
Room 2
  • Room Dimensions 2: 16x20
  • Room Features 2: Ceiling Fan(s)
  • Room Flooring 2: Tile
  • Room Length 2: 20.0
  • Room Level 2: First
  • Room Type 2: Living Room
  • Room Width 2: 16.0
Room 3
  • Room Dimensions 3: 14x14
  • Room Flooring 3: Tile
  • Room Length 3: 14.0
  • Room Level 3: First
  • Room Type 3: Dining Room
  • Room Width 3: 14.0
Room 4
  • Room Dimensions 4: 12x19
  • Room Features 4: Ceiling Fan(s)
  • Room Flooring 4: Brick/Stone
  • Room Length 4: 19.0
  • Room Level 4: First
  • Room Type 4: Balcony/Porch/Lanai
  • Room Width 4: 12.0
Room 5
  • Room Dimensions 5: 16x20
  • Room Features 5: En Suite Bathroom
  • Room Flooring 5: Laminate
  • Room Length 5: 20.0
  • Room Level 5: First
  • Room Type 5: Primary Bedroom
  • Room Width 5: 16.0
Room 6
  • Room Dimensions 6: 10x11
  • Room Features 6: Built-In Shelving, Garden Bath, Shower No Tub
  • Room Flooring 6: Tile
  • Room Length 6: 11.0
  • Room Level 6: First
  • Room Type 6: Primary Bathroom
  • Room Width 6: 10.0
Room 7
  • Room Dimensions 7: 11x22
  • Room Features 7: En Suite Bathroom
  • Room Flooring 7: Laminate
  • Room Length 7: 22.0
  • Room Level 7: First
  • Room Type 7: Bedroom 2
  • Room Width 7: 11.0
Room 8
  • Room Dimensions 8: 6x9
  • Room Features 8: Built-In Shower Bench, Shower No Tub
  • Room Flooring 8: Tile
  • Room Length 8: 9.0
  • Room Level 8: First
  • Room Type 8: Bathroom 2
  • Room Width 8: 6.0
Room 9
  • Room Dimensions 9: 12x12
  • Room Flooring 9: Laminate
  • Room Length 9: 12.0
  • Room Level 9: First
  • Room Type 9: Bedroom 3
  • Room Width 9: 12.0
Room 10
  • Room Dimensions 10: 12x12
  • Room Flooring 10: Laminate
  • Room Length 10: 12.0
  • Room Level 10: First
  • Room Type 10: Bedroom 4
  • Room Width 10: 12.0
Room 11
  • Room Dimensions 11: 8x9
  • Room Features 11: Tub With Shower
  • Room Flooring 11: Tile
  • Room Length 11: 9.0
  • Room Level 11: First
  • Room Type 11: Bathroom 3
  • Room Width 11: 8.0
Room 12
  • Room Dimensions 12: 5x6
  • Room Flooring 12: Tile
  • Room Length 12: 6.0
  • Room Level 12: First
  • Room Type 12: Bathroom 4
  • Room Width 12: 5.0
Room 13
  • Room Dimensions 13: 5x13
  • Room Flooring 13: Tile
  • Room Length 13: 13.0
  • Room Level 13: First
  • Room Type 13: Laundry
  • Room Width 13: 5.0
Rental
Rental Information
  • Minimum Lease Period: 0
  • Pets Allowed: Yes

Property History for 503 Velasquez Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 503 Velasquez Drive

Taxable ValueLand$1,366,500Additions$570,700Total$1,937,200
Tax Record2023$22,933 ($1,911 / month)
Home Facts
Baths3.5Total Finished SqFt2,862 SqFtAbove Grade Finished SqFt2,862 SqFtStories1Lot Size25,132 SqFtStyleMulti-Family Dwelling (2-4)Year Built1979Year Renovated2009ZoningRSF1CountySARASOTAAPN0159-08-0033

Schools near 503 Velasquez Drive

This home is within Sarasota.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 2 to 12
Charter - K to 8
Rating
School
Distance
Laurel Nokomis School
PublicPK to 8

Venice Senior High School
Public9 to 12

Pine View School
Public2 to 12

Island Village Montessori School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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503 Velasquez Drive is a single family home for sale in Osprey, FL 34229. This property was listed for sale on July 20, 2024 by EXP REALTY LLC, it's currently listed at $2,950,000. It has been on the market for a total of 119 days and was last sold on March 24, 2022. This listing's school district is Sarasota. Nearby schools include Laurel Nokomis School, Venice Senior High School and Pine View School. 503 Velasquez Drive is a 4-bed, 3.5-bath, 2,862 sqft single family home built in 1979.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of EXP REALTY LLC, Krista Eash; EXP REALTY LLC, Shannon Thinnes

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.