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Off Market

2800 Casey Key Road

Nokomis FL 34275

3
3
2
5715 sq. ft.
33612 sq. ft.
Single-Family
Last sold for $2,000,000
Kim GillilandKim Gilliland, last sold this property on 15 December 2023 after 359 days on market.

Overview

Closed sale price of $2M reflects the property's "illegal non-conforming" zoning status which was discovered by title search during a pending sale in June 2023. The seller had purchased the home on the 9/10 acre lot in 1983 when the neighbor to the north, who had 2 homes on approx. a 1.5 acre parcel, spun off this property...not realizing, in 1975, Sarasota County had down-zoned Casey Key to 1-acre minimum lot requirements. The seller hired an attorney but, ultimately, the Zoning Board refused to grant an exception or variance and declared if the home was destroyed (voluntarily or involuntarily) it could not be rebuilt. The lot would have to remain vacant! Also the current home could not be expanded and even a pool could not be built. The first buyers cancelled their contract. The party who eventually purchased the property was aware of all this and the sale closed almost a year from the original listing date. The deeded beach access across the street lies about 100 ft. to the north and leads to long stretches of beautiful sandy shorelines in both directions. Enjoy a beach and boating lifestyle, not far from shopping and dining, only about 20 minutes from Venice and 30 minutes into Sarasota. Casey Key offers a quiet solitude that has long been home to a host of the rich and famous. The narrow winding main road passes bungalows and mansions. Escape the hustle and bustle of the islands to the north while having the accessibility of the renowned arts and culture and acclaimed medical facilities nearby. Non-conforming use due to lot being less than one acre limits what may be done with the property. The dock and patio decks are not warranted by seller. The irrigation system is not operational.

Features

3 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
5715 sq. ft. floor area
33612 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Nokomis over the last 12 months, the estimated median property value of 2800 Casey Key Road is $524.33k.

Median value
$524.33k
Estimated value range
$105k - $6.1m
Median days on market
57
Estimated value trend
-11%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Nokomis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2800 Casey Key Road

2024
Rented
Undisclosed
17 May 2024 by ACTION REALTY OF SARASOTA LLC
2023
Sold
$2,000,000
15 Dec 2023 by Kim Gilliland, of COLDWELL BANKER REALTY

Happy sellers in Nokomis

68%
68% of sellers in Nokomis reported that their sale price either exceeded or met their price expectations.

Nokomis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 20 reviews in Nokomis over the last 12 months.

Local market activity for 3 bedroom single-family properties in Nokomis

In the last 12 months, 417 three-bedroom single-family properties similar to 2800 Casey Key Road, have been sold.

This represents a 14% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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Polina Iakovleva

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