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Off market
  • $2,518,200

    505 Velasquez Dr, Osprey, FL 34229

    4beds
    4,359sqft
    SingleFamily
    Built in 2002
    0.57 Acres Lot
    $2,518,200 Zestimate®
    $578/sqft
    $7,476 Estimated rent

    Home value

    $2,518,200

    $2.24M - $2.82M

    $7,476/mo

    Zestimate® history
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    $16,424/mo

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    $16,424/mo

    Est. payment

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    What's special

    LOOKING FOR ELEGANCE AND PRIVACY ON THE WATER? THEN YOU WILL LOVE THIS BAYFRONT HOME TUCKED AWAY ON A PEACEFUL CUL-DE-SAC IN BEAUTIFUL SORRENTO SHORES COMMUNITY JUST OFF THE BUSTLING S. TAMIAMI TRAIL WHERE SHOPPING, HISTORICAL ATTRACTIONS, & RESTAURANTS ABOUND. ENJOY EXTENSIVE TROPICAL LANDSCAPING AS YOU DRIVE INTO YOUR 3 CAR GARAGE. PROPERTY IS SURROUNDED BY A PET FRIENDLY IRON FENCE. THIS IMPRESSIVE RESIDENCE FEATURES 3 ENSUITES ON SECOND STORY & ONE LARGE MASTER WING ON 2ND STORY! MAIN FLOOR SPACIOUS MASTER SUITE ON MAIN FLOOR IDEAL FOR IN LAW/GUEST QUARTERS. HOME HAS ENJOYED OVER $200K IN TOP OF THE LINE DESIGNER IMPROVEMENTS AND REMODEL. TRAVERTINE & OAK FLOORS FEATURED THROUGHOUT THE 2 STORY HOME AS WELL AS BUILT IN''S IN THE FAMILY AND LIVING AREAS. NEWLY RENOVATED KITCHEN FEATURES BRAND NEW STATE OF THE ART, STAINLESS STEEL APPLIANCES, GRANITE COUNTERS, CUSTOM WOOD CABINETRY, A BRIGHT EAT IN ALCOVE AND PANTRY/PREP AREA. FRENCH DOORS LEAD TO STONE LANAI WITH TILED SALTWATER POOL, POND WITH FOUNTAIN OVERLOOKING THE WATER. SECOND STORY HAS CENTER LIVING AREA WITH SMALL KITCHEN/BAR AREA AND WINDOW SEAT FOR VIEWING OF THE FRONT YARD. UPSTAIRS LANAI CONNECTS THE BEDROOMS AND OVERLOOKS EXOTIC TRI LEVEL BACKYARD W/LAGOON, MANICURED MANGROVES & FISHING PIER ON TRANQUIL NO WAKE BLACKBURN BAY WHERE YOU WILL REVEL AT THE DAILY PARADE OF BOATS THAT GO BY. NO DOCKING, KAYAKING & CANOE ONLY. SORRENTO SHORES OFFERS COMMUNITY SLIPS! $900 ANNUAL/ UP TO A 26 FT BOAT. INSURANCE AND REGISTRATION SEE SUPPLEMENTS.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Other
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Features
    • Inside Utility, Smoke Alarm(S), Walk In Closet, Ceiling Fan(S), Solid Stone Counters, Washer/Dryer Hookup, Window Treatment, Blinds/Shades, Unfurnished, Crown Molding, Built in Features, Storage Room, Wet Bar
    • Flooring: Carpet, Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 4,359 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Carport, Garage - Attached
    Features
    • Exterior features: Other
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.57 Acres
    Details
    • Parcel number: 0159080034

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • masonry
    • Foundation: Concrete
    • Roof: Tile
    Condition
    • Year built: 2002

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $6 monthly
    Location
    • Region: Osprey

    Financial & listing details

    • Price per square foot: $578/sqft
    • Tax assessed value: $1,829,300
    • Annual tax amount: $15,434
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/15/2016Sold$1,200,000-14.2%$275/sqft
    Source: Stellar MLS #A4148823 Report a problem
    8/30/2016Price change$1,399,000-3.5%$321/sqft
    Source: MY REALTY COMPANY #A4148823 Report a problem
    5/30/2016Price change$1,450,000-7.9%$333/sqft
    Source: MY REALTY COMPANY #A4148823 Report a problem
    3/17/2016Listed for sale$1,575,000+37%$361/sqft
    Source: MY REALTY COMPANY #A4148823 Report a problem
    5/14/2015Sold$1,150,000-11.2%$264/sqft
    Source: Public Record Report a problem
    5/5/2015Pending sale$1,295,000$297/sqft
    Source: PREMIER SOTHEBYS INTL REALTY #N5901090 Report a problem
    4/3/2015Price change$1,295,000-13.4%$297/sqft
    Source: PREMIER SOTHEBY'S INTERNATIONAL REALTY #N5901090 Report a problem
    2/13/2015Price change$1,495,000-3.5%$343/sqft
    Source: Premier Sotheby's International Realty #N5901090 Report a problem
    10/3/2014Listed for sale$1,550,000+10.8%$356/sqft
    Source: Signature Sotheby's International Realty #N5901090 Report a problem
    8/7/2014Listing removed$1,399,000$321/sqft
    Source: Premier Sotheby's International Realty #N5783554 Report a problem
    5/31/2014Price change$1,399,000-6.7%$321/sqft
    Source: Premier Sotheby's International Realty #N5783554 Report a problem
    4/18/2014Price change$1,499,000-3.2%$344/sqft
    Source: Premier Sotheby's International Realty #N5783554 Report a problem
    2/12/2014Listed for sale$1,549,000+342.6%$355/sqft
    Source: Signature Sotheby's International Realty #N5783554 Report a problem
    3/16/2000Sold$350,000$80/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,434 +6.5%$1,283,782 +2.9%
    2024$14,486 +2.6%$1,247,602 +3%
    2023$14,118 +1.9%$1,211,264 +3%
    2022$13,860 +3.2%$1,175,984 +6.3%
    2021$13,435 -0.7%$1,106,781 +1.4%
    2020$13,536 +0.1%$1,091,500 -0.5%
    2019$13,520 $1,096,700 -9.8%
    2018$13,520 -10%$1,216,200 +26.4%
    2017$15,019 +14%$962,200 -6.5%
    2016$13,177 $1,029,500 +2.6%
    2015$13,177 $1,003,800 -13.8%
    2014$13,177 -15.7%$1,165,177
    2013$15,631 +2.8%$1,165,177 +1.7%
    2012$15,206 -1.9%$1,145,700 -3.6%
    2011$15,509 -5.2%$1,188,400 -2.4%
    2010$16,357 -13.6%$1,217,000 -11.1%
    2009$18,922 $1,368,500 -9.5%
    2008$18,922 +1.6%$1,512,173 +3%
    2007$18,618 $1,468,129 +2.5%
    2006-- $1,432,321 +3%
    2005-- $1,390,603 +3%
    2004$19,776 -3%$1,350,100 +0.1%
    2003$20,392 +206.8%$1,348,300 +205.7%
    2002$6,647 +19.5%$441,100 +13.1%
    2001$5,563 +54.5%$390,100 +56.5%
    2000$3,601 $249,300
    Find assessor info on the county website

    Neighborhood: 34229

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Laurel Nokomis Elementary
    • Middle: Laurel Nokomis Middle
    • High: Venice Senior High

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $2,518,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,518,200