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424 Albee Rd W #1, Nokomis, FL, 34275

1beds
1baths
750sqft
$795,000
$1,060price/sqft
$5,844/moest. monthly cost
$233,760/yrincome needed

About This Home

One or more photo(s) has been virtually staged. Pre-Construction. To be built. Luxury Mid-Century Modern condominiums with three floor plans to choose from, just six blocks from the pristine beaches of Casey Key. As a buyer at Hidden Gem, you have the option to customize your residence, or defer to the builders for their design expertise. There are three unit sizes to choose from; 750 square feet, 1500 square feet and 2250 square feet. The residences showcase open-concept living spaces characterized by clean lines, high ceilings and expansive windows seamlessly integrating the natural surroundings. Furthermore, each residence boasts a private outdoor area, ideal for year-round relaxation. Hidden Gem features an array of luxury amenities, including a resort-style pool with cabanas, a pickleball court and a clubhouse complete with a well-appointed kitchen, fitness center and guest suites for convenient hosting of visitors. Currently in final architecture and permitting phase and expecting to break ground by end of 2024! We encourage you to reach out to us to reserve and secure a slice of paradise at Hidden Gem while the opportunity stands.

Getting Around

25
WalkingCar-Dependent
0
TransitVery Limited Transit
69
BikeBikeable

Schools

8/10
Laurel Nokomis SchoolGrades PK-82.2 mi
6/10
Venice Senior High SchoolGrades 9-122.5 mi

Construction

Condition

  • Property condition: Pre-Construction
  • New construction: Yes
  • Year built: 1945

Materials

  • Foundation: Block,Concrete Perimeter
  • Roof: Metal,Other
  • Construction materials: Block,Stucco

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary,Custom,Mid-Century Modern
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Water Heater,Microwave,Range,Range Hood,Refrigerator
  • Laundry features: Laundry Room

Balcony Porch Lanai

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Built-in Features,Eating Space In Kitchen,Open Floorplan,Primary Bedroom Main Floor,Solid Surface Counters,Vaulted Ceiling(s)
  • Door features: Outdoor Grill,Outdoor Kitchen,Outdoor Shower,Sliding Doors
  • Window features: Hurricane Shutters/Windows
  • Flooring: Porcelain Tile,Hardwood
  • Common walls with other units/homes: Corner Unit

Great Room

  • Level: First

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 825
  • Total interior livable area: 750 sqft

Kitchen

  • Level: First

Laundry

  • Level: First

Master Bathroom

  • Level: First

Master Bedroom

  • Features: Built-in Closet
  • Level: First

Property

Details

  • Parcel number: 0171110034
  • Zoning: RMF1
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: Gunite,In Ground
  • Patio & porch: Covered,Deck,Patio,Porch,Rear Porch
  • Exterior features: Balcony,Courtyard,Garden,Outdoor Grill,Outdoor Kitchen,Outdoor Shower,Sidewalk,Storage,Tennis Court(s)
  • Has spa: Yes
  • Spa features: In Ground
  • Fencing: Other
  • Has view: Yes
  • View description: Garden,Pool,Tennis Court,Trees/Woods
  • Waterfront features: Beach Access,Intracoastal Waterway Access,Limited Access,Marina Access
  • Residential vegetation: Mature Landscaping,Trees/Landscaped

Lot

  • Lot size: 1.33 Acres
  • Features: Cleared,In County,Irregular Lot,Near Marina,Near Public Transit,Oversized Lot,Sidewalk
  • Lot size dimensions: 242 x 240

Parking

  • Total spaces: 2
  • Parking features: Assigned,Covered,Golf Cart Parking,Ground Level,Guest
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Lightning
Tsunami

FEMA Declared Disasters in Sarasota County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,019$48,228
Home Insurance *$1,151$13,812
Property Taxes $477$5,724
Electricity $197$2,366
Total$5,844$70,128
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$200,365/yr
40% on housing$175,320/yr
45% on housing$155,840/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.6%
6.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,060This listing

vs Other Active Listings

Avg $/sqft

ZIP 34275$305
Sarasota County$346

vs Homes Sold Last Month

Median $/sqft

ZIP 34275$257
Sarasota County$245

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2023-10-10Price change$795,000
2023-09-27Listed for sale$2,250,000

New Construction

AgentKelley Ann Ayers
BrokerageAYERS AND ASSOCIATES REAL ESTATE

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