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7242 Bounty Dr; Sarasota, FL Property Details

7242 Bounty Dr, Sarasota, FL is a Single Family that was built in 1980. This property is currently Financed and is not for sale. Our records show that 7242 Bounty Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,810 square feet. The lot size of 7242 Bounty Dr is 13,460 square feet.

Off market
7242 Bounty Dr Sarasota, FL 34231
$605,000 Listing Price
3 Beds
2 Baths
1,810 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1980
  • Purchase Price: $605,000
  • Est. Equity / %: $540,000 / 100%
  • Gross Yield: 7.851%
  • APN: 0111-07-0020
  • Situs County: Sarasota
  • Length Of Ownership: 3 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Masonry
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Stucco
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Hip
  • Pool Type: Yes
  • Roof Cover Type: Concrete
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,810/SqFt
  • Lot: 13,460/SqFt
  • Gross: 2,379/SqFt
  • Garage: 506/SqFt
  • Living: 1,810/SqFt
  • Building: 2,316/SqFt
  • Ground: 1,810/SqFt
  • Price Per Square Foot: $334.25

Legal Description

  • Description: LOT 16 BLK 46 GULF GATE WOODS UNIT 1
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Sarasota County School District
  • Lat / Lon: 27.251087 / -82.503525
  • Subdivision: Gulf Gate Woods Unit 1
  • Property Class: Residential
  • Zoning: RSF3
  • County Use Code: 0100

Amenities

  • Pool: true
  • Plus Four: 2425
  • Bathroom Fixtures: 2
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $75
  • H O A Amount: $75
  • H O A One Frequency: Annual
  • H O A One Name: Gulf Gate Community Association, Inc.
  • H O A One Type: Home Owner Association

Ownership Info

7242 Bounty Dr has no associated ownership info
7242 Bounty Dr has no associated ownership info.

Taxes

7242 Bounty Dr has 10 associated Taxes items

7242 Bounty Dr, Sarasota, FL pays taxes in Sarasota County, FL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $425,100. The APN we've located for 7242 Bounty Dr is 0111-07-0020.

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Taxes
  • Assessed Value:  $425,100
  • Assessed Year:  2025
  • Assessed County:  Sarasota
  • APN:  0111-07-0020
  • Assessed Land Value:  151900
  • Market Land Value:  151900
  • Tax Amount:  5354.76
  • Tax Year:  2024
  • Market Value:  425100
  • Market Year:  2025

Tax History

7242 Bounty Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $425,100 Land Value $151,900 Improvement Value $273,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $439,300 Land Value $180,900 Improvement Value $258,400 Tax Amount $5,354.76 Change Rate +0.031535% Assessed CR Tax Rate +0.012189%
Year 2023 Assessed Value $421,100 Land Value $163,900 Improvement Value $257,200 Tax Amount $5,191.06 Change Rate +0.077046% Assessed CR Tax Rate +0.012327%
Year 2022 Assessed Value $388,500 Land Value $159,600 Improvement Value $228,900 Tax Amount $4,819.72 Change Rate +0.16002% Assessed CR Tax Rate +0.012406%
Year 2021 Assessed Value $295,600 Land Value $120,900 Improvement Value $174,700 Tax Amount $4,154.86 Change Rate +0.066366% Assessed CR Tax Rate +0.014056%
Year 2020 Assessed Value $270,400 Land Value $105,200 Improvement Value $165,200 Tax Amount $3,896.28 Change Rate +0.001185% Assessed CR Tax Rate +0.014409%
Year 2019 Assessed Value $273,300 Land Value $120,500 Improvement Value $152,800 Tax Amount $3,891.67 Change Rate -0.008777% Assessed CR Tax Rate +0.01424%
Year 2018 Assessed Value $277,200 Land Value $115,900 Improvement Value $161,300 Tax Amount $3,926.13 Change Rate -0.017976% Assessed CR Tax Rate +0.014164%
Year 2017 Assessed Value $279,700 Land Value $112,700 Improvement Value $167,000 Tax Amount $3,998 Change Rate Assessed CR Tax Rate +0.014294%
Year 2016 Assessed Value $283,100 Land Value $103,600 Improvement Value $179,500 Tax Amount $3,998 Change Rate Assessed CR Tax Rate +0.014122%
Year 2015 Assessed Value $264,200 Land Value $96,400 Improvement Value $167,800 Tax Amount $3,998 Change Rate +0.630792% Assessed CR Tax Rate +0.015132%
Year 2014 Assessed Value $164,754 Land Value Improvement Value Tax Amount $2,451.57 Change Rate Assessed CR Tax Rate +0.01488%