tomo logo

$7,500,000

Beds
5
Baths
8.5
sq ft
7,616

1304 Casey Key Rd, Nokomis, FL 34275

1304 Casey Key Rd

NOKOMIS, FL 34275

  • 1 day on market
Designed by renowned architect George Merlin and built in 2006 by Christner Brothers to hurricane-resistant building code, this home rests securely on concrete-driven pilings and exudes unparalleled quality. Watch the sunrise over the Intracoastal Waterway from the deepwater boat dock and lift. Spend the afternoons on your private beach along the sandy shore of the gulf where spectacular sunsets are almost guaranteed. Inside nearly 8,000 square feet, five bedrooms with en suites, nine baths, formal living, family and sitting rooms, dual private offices, den and a theater room provide seemingly endless enjoyment. Crown molding, trayed ceilings, travertine flooring, three fireplaces and Yoder Brothers custom cabinetry exude elegant touches throughout. An elevated lagoon-style swimming pool is great for a cool dip or relax in the heated spa and outdoor fireplace on a chilly evening. The gourmet kitchen is large enough to host an impressive dinner party and gather with family and friends. Casey Key is a place like no other, where residential homes line the shores, absent of commercial building and high-rise condominiums. Development is restricted to single-family homes, yet all conveniences of shopping and restaurants are minutes away. Private and commercial air travel are easily accessible. Sports and cultural entertainment enthusiasts will find golf, tennis, theaters, music and more, just a few miles away in nearby Venice and Sarasota. There’s something for everyone in this gulf to bay resort-style home.

Details

Property type

Single Family Residence

Est. home value

$8,043,241

Lot size

0.49 acres

Price per sq ft

$985

Year built

2006

Annual property taxes

$59,726

Monthly HOA fee

$33.33

Price History

02/25/2025
StellarMLS

StellarMLS #A4642022

Listed
$7,500,000
-3.23%
10/29/2024
StellarMLS

StellarMLS #A4616745

Removed
$7,750,000
09/04/2024
StellarMLS

StellarMLS #A4616745

Price change
$7,750,000
-5.49%

Schools & Community

Elementary school: 

Laurel Nokomis Elementary

Middle school: 

Laurel Nokomis Middle

High school: 

Venice Senior High

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$4,901,851
Asking price
$7,500,000
Closing costs (~8% of asking)
-$600,000
Est. remaining loan balance
-$1,998,149
Cash to seller
$4,901,851

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Td Bank Na

Loan start date

January 2020

Original loan amount

$2,219,000

Est. remaining balance

$1,998,149

Interest rate

3.73%

Loan type

New Conventional, 30 year

Seller

Vijay Kanwar and Neena Kanwar

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/26/2025 at 5:45 PM

Listing updated: 02/26/2025 at 2:42 PM

Listed by: Valerie Dall'Acqua, PREMIER SOTHEBYS INTL REALTY Phone #: (941) 364-4000

MLS: StellarMLS #A4642022

StellarMLS logo

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