Listing Details for MLS #A4479316
148 Lookout Point Dr, Osprey, Fl

Residential Property - Single Family Residence in Osprey

SOLD for $754,000 on March 24, 2021

Listing Price: $769,900Sold Price: $754,000Sold Price/List Price: 98%
Sold Price/Original List Price: 91.62%Days on Market: 122

Description of Property

This is an enchanting 3 Bedroom, 2.5 bath, Southbay residence bordering a wide greenbelt with good flood elevation (owner only paying $670/yr for flood Insurance) and steps to the waterfront and marina. This open floor plan is perfect for entertaining with spacious enclosed Florida Room with 3 separate living areas with wonderful space and separation to craft any configuration you desire. The 15 x 22 Master suite has two large closets, a spacious shower, jetted tub, bidet, and a private patio. This is the one you have been waiting for with a new barrel tile roof and gutters 2020, 2 new ACs in 2018, new Pebble Tec heated pool & cage in 2016. Kitchen was updated with soft close cabinets, granite, marble backsplash, stainless appliances, and two appliance garages. Remarkably, the same fine finishes extend as a wet bar to the adjacent family room, complete with a beverage/wine cooler and a wood-burning fireplace. Numerous outstanding and practical updates including plumbing supply lines re-piped, faucets replaced in guest bath, baseboard and trim, doors and hardware and bedroom flooring. Perfect the art of outdoor living from the expansive terraces that afford the opportunity to lounge, grill swim and relax. Exceptional Southbay Yacht & Racquet Club location, where the low fees include tennis, pickleball, soon to be completed clubhouse, community pool, miles of walking paths, and bayside park. The best-kept secret on the Gulf Coast is the phenomenal deep-water marina where resident-only quarterly fees allow small and large boats, sailboats, water with slips including water and electricity. Ideally located in between culturally rich Sarasota and charming Venice, minutes to beaches, Legacy Trail, Pine View School, shopping, waterfront restaurants and Oscar Scherer State Park.

Property Details At A Glance

Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Osprey
County: Sarasota
Subdivision: Southbay Yacht & Racquet Club / Southbay Yacht & Racquet Club
Bedrooms: 3
Bathrooms: 2
Half Baths: 1
Sq. Ft. Gross: 3,776
Sq. Ft. Living Area: 3,270
Cost per (heated) sqare foot: $235
Year built: 1979
Annual Tax: $4,854
Homestead: Yes. This property has homestead exemption. Property tax will be adjusted to reflect market value upon sale of the property.
HOA Fee: $408 Quarterly
Association Fee Requirement: Required
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.

Association Fee Includes:

  • Community Pool
  • Recreational Facilities

Interior Features:

  • Built in Features
  • Ceiling Fans(s)
  • Eating Space In Kitchen
  • Kitchen/Family Room Combo
  • Master Bedroom Downstairs
  • Open Floorplan
  • Solid Wood Cabinets
  • Split Bedroom
  • Stone Counters
  • Walk-In Closet(s)
  • Window Treatments


  • Bar Fridge
  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal
  • Dryer
  • Electric Water Heater
  • Microwave
  • Range
  • Washer

Fireplace: Yes
Fireplace Features: Family Room, Wood Burning
Window Features: Shades, Window Treatments

Additional Rooms:

  • Breakfast Room Separate
  • Family Room
  • Florida Room
  • Formal Living Room Separate
  • Inside Utility


  • Carpet
  • Ceramic Tile
  • Marble

Laundry Features: Inside, Laundry Room


Elementary School: Laurel Nokomis Elementary
Middle/Junior High School: Laurel Nokomis Middle
High School: Venice Senior High

Pool & Waterfront Info

Private Pool: Yes

Pool Features:

  • Heated
  • Lap Pool
  • Lighting
  • Screen Enclosure

Water Access: Yes

Water Access Type:

  • Bay/Harbor
  • Intracoastal Waterway
  • Marina


Water Extras:

  • Bridges - No Fixed Bridges
  • Dock - Composite
  • Dock - Open
  • Dock w/Electric
  • Dock w/Water Supply
  • Sailboat Water

Exterior & Construction

Architectural Style:

  • Custom
  • Florida
  • Ranch

Rooms: 9

  • Block
  • Concrete
  • Stucco

Foundation: Slab
Roof: Tile

Exterior Features:
  • Irrigation System
  • Rain Gutters
  • Sliding Doors

Garage: Yes
Garage Spaces: 2
Garage Dimensions: 20x21

Parking Features:
  • Circular Driveway
  • Driveway
  • Garage Door Opener

Floors Total: 1
Floors in Unit: One
Cooling: Central Air, Zoned
Heating & Fuel: Central, Electric

Patio & Porch Features:

  • Covered
  • Enclosed
  • Front Porch
  • Rear Porch
  • Screened

Vegetation: Mature Landscaping, Trees/Landscaped
View: Greenbelt, Pool


  • Electricity Connected
  • Public
  • Water Connected

Sewer: Public Sewer
Water Source: Public

Community Features:

  • Deed Restrictions
  • Fishing
  • Fitness
  • Golf Carts OK
  • Park
  • Playground
  • Pool
  • Tennis Courts
  • Water Access
  • Waterfront

Association Amenities:

  • Basketball Court
  • Boat Slip
  • Clubhouse
  • Dock
  • Fence Restrictions
  • Fitness Center
  • Maintenance
  • Pickleball Court(s)
  • Playground
  • Pool
  • Recreation Facilities
  • Tennis Court(s)
  • Trails

Lot Information

Lot Features:

  • Flood Insurance Required
  • Flood Zone
  • Greenbelt
  • Near Marina
  • Sidewalk
  • Street Paved

Flood Zone Code: AE
Acreage Description: 1/4 to less than 1/2
Lot Size (acres): 0.32
Lot Size (sq. ft.): 14,000 square feet
Front Exposure: South

Legal Description & Other Information

Financing Available: Cash, Conventional
Pets Allowed/Pet Policies: Yes
Pet Size Permitted: Extra Large (101+ Lbs.)
Zoning: RSF2
Parcel Number: 0158080044
Disclosures: Seller Property Disclosure
Section: 15
Range: 18E
Township: 38S


Listing courtesy of PREMIER SOTHEBYS INTL REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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Main Office: 21202 Olean Blvd Unit C-3, Port Charlotte, FL 33952
Mailing Address: PO Box 380503, Port Charlotte, FL 33938
Phone: 941-235-7474
Email: sales@suncoasteam.com