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503 Velasquez Drive

OSPREY, FL 34229

4 beds
4 baths
2,862 sqft
~1/2 acre lot
$1,030 per sqft
1979 build
– on site

Discover this elegant waterfront retreat nestled on Blackburn Bay along the Intracoastal Waterway. This estate captures the true essence of coastal living, offering serene mornings over the bay and vibrant sunset views from the heated pool, all in a tranquil and private setting. From the moment you arrive, the lushly landscaped garden path welcomes you with mature tropical plants and a secluded courtyard entrance that has a Mediterranean flare. Inside, the home features an open-concept design with high ceilings and expansive living areas that include spectacular water vistas. Culinary enthusiasts will appreciate the chef-inspired kitchen, complete with a gourmet range, pot-filler, wine refrigerator, and an oversized island perfect for gatherings. Step into the screened lanai and immerse yourself in outdoor living at its finest. With dual patios, there’s ample space for relaxation and socializing, whether hosting a casual BBQ or an elegant dinner party. A private sandy beach area offers the perfect launch spot for kayaks and paddleboards, while the dock includes a boat lift, fishing pier, and cleaning station – ideal for boating and fishing enthusiasts. For added convenience, the property features an attached two-car garage, plus a detached one-car garage with room to create an efficiency suite or guest space. This unique waterfront estate embodies the best of Florida living and offers a rare opportunity to own a slice of paradise on the bay.

Listing courtesy of STELLAR_MLS / EXP REALTY LLC

Last checked: Checking… • Last updated Nov 21, 2024 •

MLS# A4617786 —

The Building

Year Built:

1979
New Construction:

false
Architectural Style:

Ranch
Construction Materials:

Stucco
Levels:

One
Stories Total:

1
Roof:

Tile
Foundation Details:

Slab
Patio And Porch Features:

Covered
Building Area Total:

3615
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Flooring:

Laminate
Additional Rooms:

Florida Room
Fireplace:

false

Room Dimensions

Living Area:

2862
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From US-41 & FL-681, continue North on US-41 to Sorrento Dr., Left onto Sorrento Dr. to S Shore Dr., Right onto S Shore Dr to Velasquez Drive. Left onto Velasquez. Pull into the left-most (shared) driveway, curving to the right, then to the left. Follow the posted signs to 503.
Latitude:

27.164159
Longitude:

-82.48439
Coordinates:

-82.48439, 27.164159

The Property

Parcel Number:

0159080033
Property Type:

Residential
Property Subtype:

Single Family Residence
Lot Size Acres:

0.58
Lot Size Area:

25132
Lot Size SqFt:

25132
Lot Size Units:

Square Feet
Total Acres:

1/2 to less than 1
Zoning:

RSF1
Direction Faces:

Northeast
View:

Water
View:

true
Exterior Features:

Irrigation System
Fencing:

Fenced
Vegetation:

Mature Landscaping
Water Source:

Public
Road Surface Type:

Paved
Flood Zone Code:

X500
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

true
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

23
Tax Block:

E
Tax Legal Description:

PART OF LOT 23, BLK E, REPLAT OF SORRENTO SHORES, PB 7 PG 57 & PART OF LOT 24, BLK E, REPLAT OF SORRENTO SHORES, PB 6 PG 59 BEING DESC AS, FROM MOST NLY CORNER OF SAID LOT 24, SAME BEING ELY CORNER OF SAID LOT 23 TH S 33-33-45 E 48.63 FT ALONG ELY BOUNDARY OF SAID LOT 24 S 59-04-52 W 105.53 FT FOR POB TH N 27-16-20 W 100 FT TH S 60-41-06 W 195 FT M/L TO WATERS OF BLACKBURN BAY TH MEANDERING SELY ALONG SAID WATERS OF BLACKBURN BAY TO POINT THAT LIES S 59-04-52 W OF POB TH N 59-04-52 E 180 FT M/L
Tax Book Number:

7-57
Tax Annual Amount:

22932.64

Beds

Bedrooms Total:

4

Baths

Total Baths:

3.5
Total Baths:

4
Full Baths:

3
Half Baths:

1

The Listing

Virtual Tour URL Branded:

https://drive.google.com/file/d/1CRTOfPw-7blBgFsBy2FP8eGFv9Uswj6q/view?usp=sharing
Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/A4617786
Special Listing Conditions:

None
Home Warranty:

false

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Septic Tank

Appliances

Appliances:

Cooktop
Laundry Features:

Electric Dryer Hookup

Schools

Elementary School:

Laurel Nokomis Elementary
Middle Or Junior School:

Sarasota Middle
High School:

Venice Senior High

The Community

Subdivision Name:

SORRENTO SHORES REP OF 2
Senior Community:

false
Water View:

Bay/Harbor - Full
Water View:

true
Water Access:

Intracoastal Waterway
Water Access:

true
Water Extras:

Lift
Water Body Name:

Blackburn Bay / Intracoastal W
Waterfront:

true
Waterfront Features:

Intracoastal Waterway
Pool Private:

true
Pool Dimensions:

12 X 26
Pool Features:

Heated
Pets Allowed:

Yes
Association:

true
Association Fee:

85
Association Fee Frequency:

Annually
Association Fee Requirement:

Optional
Monthly HOA Amount:

7.08
Ownership:

Fee Simple
Association Approval Required:

false
Waterfront Feet Total:

110

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

3
Carport:

false
Covered Spaces:

3
Open Parking:

true
Parking Features:

Driveway

Extra Units

Other Structures:

Other

Monthly cost estimate

Asking price

$2,950,000

Expense	Monthly cost
Mortgage	$15,796
Taxes	$1,911
Insurance	$811
HOA fees	$7
Utilities	$190 See report
Total	$18,715/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
7/30/24 Jul 30, 2024	Price Changed	STELLAR_MLS	$2,950,000	-7.8%
7/25/24 Jul 25, 2024	Listed / Active	STELLAR_MLS	$3,200,000	20.8% (8.9% / YR)
3/24/22 Mar 24, 2022		STELLAR_MLS	$2,650,000	-1.7%

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This house located in Sorrento Shores, Laurel, FL 34229 is currently for sale for $2,950,000. 503 Velasquez Drive is a 2,862 square foot house with 4 beds and 4 baths that has been on Estately for 159 days. 503 Velasquez Drive is in the Sorrento Shores neighborhood of Laurel and has a WalkScore® of 2, making it car-dependent. This house is in the attendance area of Laurel Nokomis School and Venice High School.

Listing Courtesy of: STELLAR_MLS and EXP REALTY LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.