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Sold for $500,000
  • $500,000

    516 PINE CONE LN, NOKOMIS, FL 34275

    3beds
    1,918sqft
    Single Family Residence
    Built in 1969
    0.36 Acres Lot
    $699,100 Zestimate®
    $261/sqft
    $4,819 Estimated rent

    Home value

    $699,100

    $594,000 - $818,000

    $4,819/mo

    Zestimate® history
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    What's special

    INCREDIBLE WATERFRONT OPPORTUNITY – HURRICANE DAMAGED - Being sold As-IS for 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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Wendy Reinhardt 941-321-1671,

    WENDY REINHARDT REALTY,INC. 941-321-1671

    Bought with:

    Wendy Reinhardt, 619957

    WENDY REINHARDT REALTY,INC.

    Source: Stellar MLS,MLS#: D6135280MLS LogoOriginating MLS: Englewood

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Family Room, Living Room
    Primary bedroom
    • Description: Room5
    • Features: Walk-In Closet(s)
    • Level: First
    • Dimensions: 15.5x14
    Bedroom 2
    • Description: Room6
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 15x12
    Bedroom 3
    • Description: Room7
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 13x11
    Dining room
    • Description: Room4
    • Level: First
    • Dimensions: 11x10
    Family room
    • Description: Room3
    • Level: First
    • Dimensions: 22x13.5
    Kitchen
    • Description: Room1
    • Level: First
    • Dimensions: 12x12
    Living room
    • Description: Room2
    • Level: First
    • Dimensions: 18x16
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Kitchen Reverse Osmosis System, Range, Range Hood, Refrigerator, Washer, Water Filtration System, Water Softener
    • Laundry: Electric Dryer Hookup, In Garage, Washer Hookup
    Features
    • Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters
    • Flooring: Bamboo, Terrazzo, Tile
    • Doors: Outdoor Shower
    • Has fireplace: No
    Interior area
    • Total structure area: 2,939
    • Total interior livable area: 1,918 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Porch, Rear Porch, Screened
    • Exterior features: Awning(s), Outdoor Shower
    • Has view: Yes
    • View description: Water, Bay/Harbor - Partial
    • Has water view: Yes
    • Water view: Water,Bay/Harbor - Partial
    • Waterfront features: Bay/Harbor, Bay/Harbor Access, Gulf/Ocean Access, Gulf/Ocean to Bay Access, Bridges - No Fixed Bridges, Sailboat Water, Seawall
    • Body of water: LYONS BAY
    Lot
    • Size: 0.36 Acres
    • Features: Oversized Lot
    Details
    • Parcel number: 0172030046
    • Zoning: RSF3
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1969

    Utilities & green energy

    • Electric: Photovoltaics Seller Owned
    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Water Available
    Green energy
    • Energy generation: Solar

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: LYONS BAY
    HOA
    • Has HOA: No
    Location
    • Region: Nokomis

    Financial & listing details

    • Price per square foot: $261/sqft
    • Tax assessed value: $554,200
    • Annual tax amount: $5,662
    • Date on market: 2/27/2024
    • Cumulative days on market: 42 days
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/15/2024Sold$500,000-54.3%$261/sqft
    Source: Stellar MLS #D6135280 Report a problem
    4/9/2024Pending sale$1,095,000$571/sqft
    Source: Stellar MLS #D6135280 Report a problem
    3/22/2024Price change$1,095,000-8.4%$571/sqft
    Source: Stellar MLS #D6135280 Report a problem
    2/28/2024Listed for sale$1,195,000-11.5%$623/sqft
    Source: Stellar MLS #D6135280 Report a problem
    2/24/2024Listing removed--
    Source: Stellar MLS #T3483845 Report a problem
    1/13/2024Listed for sale$1,350,000-9.7%$704/sqft
    Source: Stellar MLS #T3483845 Report a problem
    12/27/2023Listing removed--
    Source: Stellar MLS #T3483845 Report a problem
    12/1/2023Price change$1,495,000-5.4%$779/sqft
    Source: Stellar MLS #T3483845 Report a problem
    11/27/2023Price change$1,580,000-0.3%$824/sqft
    Source: Stellar MLS #T3483845 Report a problem
    11/7/2023Price change$1,585,000-0.3%$826/sqft
    Source: Stellar MLS #T3483845 Report a problem
    11/5/2023Listed for sale$1,590,000+134.2%$829/sqft
    Source: Stellar MLS #T3483845 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    10/20/2017Listing removed$679,000$354/sqft
    Source: Owner Report a problem
    7/27/2017Listed for sale$679,000+171.6%$354/sqft
    Source: Owner Report a problem
    7/27/1999Sold$250,000$130/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,129 +22.5%$554,200 +16%
    2024$5,822 +2.8%$477,669 +3%
    2023$5,663 +2.3%$463,756 +3%
    2022$5,535 -1.4%$450,249 +3%
    2021$5,614 -0.5%$437,135 +1.4%
    2020$5,641 +2.3%$431,100 +1.5%
    2019$5,514 $424,848 +2.1%
    2018$5,514 +2.3%$416,043 +8.2%
    2017$5,392 +4.6%$384,686 -25.2%
    2016$5,156 $514,600 +23.4%
    2015$5,156 $416,900 +14%
    2014$5,156 +0.3%$365,700
    2013$5,141 +0.4%$365,700 -0.6%
    2012$5,123 +2.9%$367,900 +1.3%
    2011$4,976 -19%$363,100 -17.3%
    2010$6,145 -22.5%$439,100 -6.3%
    2009$7,931 $468,400 -22.4%
    2008$7,931 -1.3%$603,900 -4.1%
    2007$8,033 $629,966 +2.5%
    2006-- $614,601 +3%
    2005-- $596,700 +20%
    2004$7,644 +18%$497,200 +22.8%
    2003$6,477 +83.3%$404,800 +71%
    2002$3,534 +7%$236,714 +1.6%
    2001$3,302 +2.3%$232,986 +3%
    2000$3,229 $226,200
    Find assessor info on the county website

    Neighborhood: 34275

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    Estimated market value
    $699,100
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    Estimated market value
    $699,100