NOT LISTED FOR SALE

101 S Gulfstream Ave Unit 8E Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $550,707 - $644,000

2 Beds
2 Baths
1,200 Sq Ft
$861/mo HOA Fee

Last Sold November 02, 2022

Last sale price $540,000 $450 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,615/month

77 Days on Market

Highlights

  • Fitness Center
  • Property is near a marina
  • City View
  • Southside Elementary School Rated A
  • In Ground Pool
  • 2-minute walk to Bayfront Park Sarasota

About This Home

As of November 2022

Prime Downtown location. This 8th floor fully renovated end unit provides both Eastern views overlooking the upscale shops and restaurants of Palm Avenue and additional Southern views from the guest bedroom. This 2 bedroom, 2 bath suite is comprised of 1200 Sf of interior space featuring a split plan separating the bedrooms from one another for more privacy. Features include built-in closets in both master and guest bedrooms, ensuite washer/dryer, walk-in showers, and a generous covered balcony off the living area to enjoy your morning coffee or pre-dinner cocktail. The building includes a recently remodeled lobby, elevators, pool area, and fitness center. Currently in progress, the next round of updates will include a renovation to the building exterior resulting in a more modern, sleek look. Walk a block to Main Street to meet with friends for dinner or catch the free trolly at the corner of Main Street and Palm Avenue and head over the Ringling bridge to St Armands Circle and Lido Beach. Just minutes to Whole Foods, the Sarasota Farmer’s Market, the Sarasota Opera House, and Selby Gardens. There is truly no better place to experience it all than 101 S Gulfstream Avenue. There is currently a special assessment of $17,500 which will be paid by Seller at closing.

Last Agent to Sell the Property

Lou Salvatori

COLDWELL BANKER REALTY License #3022374 Listed on: 06/17/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

Steve Carlson

DALTON WADE INC License #3450837

DALTON WADE INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,281

Year Built

  • Built in 1974

Lot Details

  • End Unit
  • West Facing Home
  • Condo Land Included

HOA Fees

  • $861 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Membrane Roofing

Interior Spaces

  • 1,200 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • City Views

Kitchen

  • Built-In Oven
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Property is near a marina
  • Balcony
  • Covered Patio or Porch

Location

  • Property is near public transit
  • City Lot

Schools

  • Southside Elementary School
  • Booker Middle School
  • Sarasota High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, recreational facilities, security, sewer, trash
  • First Service Residential Association
  • Visit Association Website
  • High-Rise Condominium
  • Dolphin Tower Community
  • Dolphin Tower Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 16-Story Property

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,281

Year Built

Built in 1974

Lot Details

0

HOA Fees

$861 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Brick
  • Fireplace: No
  • Living Area: 1200
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1296
  • Directions to Property: From Main Street turn left on Gulfstream Avenue.
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4538052?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4538052?w=Customer
  • Floor Number: 8
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Corner Unit, End Unit, High Rise
  • Ratio: Close Price\List Price: 0.93913
  • Price per Sq Ft: 450
  • Close to Original List Price Ratio: 0.8
  • Ratio: Current Price\Building Area Total: 416.67
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Living Room/Dining Room Combo, Solid Surface Counters, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 16
  • Window Features: Blinds
  • Street Number Modifier: 101
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Pool Features: In Ground
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Membrane
  • Pool Private: No
  • View: City
  • Waterfront: No
  • Patio and Porch Features: Covered, Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Under Building
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, Pool
  • Association Fee Frequency: Monthly
  • Association Name: First Service Residential
  • Phone: Joanne McIntyre
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 861
  • Condo Fees Term: Monthly
  • Association Website: https://the101condominium.com/official-condo-docs/
  • Association Email: joanne.mcintyre@fsresidential.com
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 861
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 10332
  • Total Monthly Fees: 861

Schools

  • Elementary School: Southside Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: DTB
  • Parcel Number: 2027052048
  • Additional Parcels: No
  • Lot Features: City Lot, Near Marina, Near Public Transit
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Minimum Lease: 1-2 Years
  • Approval Process: As per HOA
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Minimum lease period is 1 year - Buyer to verify with Property Manager/Association.

Tax Info

  • Tax Annual Amount: 3280.51
  • Tax Book Number: 1055-269
  • Tax Lot: 101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Oct 31, 2022
Sold by
Toale James E and Toale Anne C
Bought by
Carlson George S and Carlson Laura
Seller's Agent
Lou Salvatori
COLDWELL BANKER REALTY
Buyer's Agent
Steve Carlson
DALTON WADE INC
List Price
$675,000
Sold Price
$540,000
Premium/Discount to List
-$135,000
-20%
Views
19
Current Estimated Value
$590,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,927
Avg. Annual Appreciation
4.93%
Original Mortgage
$240,000
Outstanding Balance
$233,451
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$385,266

Purchase Details

Closed on
Jul 25, 2019
Sold by
Toale James E and Toale Anne C
Bought by
Toale James E and Toale Anne C

Purchase Details

Closed on
Oct 14, 2016
Sold by
Jntero Management Inc
Bought by
Toale James E

Purchase Details

Closed on
Sep 12, 2012
Sold by
Silver Irene R and Stender Charles
Bought by
Interco Management Inc

Purchase Details

Closed on
Jan 31, 2006
Sold by
Collins Cynthia C
Bought by
Silver Warren S and Silver Irene R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2002
Sold by
Stephans Edwina
Bought by
Collins Cynthia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.21%

Purchase Details

Closed on
Sep 28, 2000
Sold by
Steele E Victoria
Bought by
Stephans Edwina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,050
Interest Rate
7.92%

Purchase Details

Closed on
Apr 23, 1999
Sold by
Smith James W and Brownbill Patricia A
Bought by
Steele E Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.13%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Carlson George S $540,000 United Title Group
Toale James E -- Attorney
Toale James E $365,000 None Available
Interco Management Inc $30,000 Stewart Title Company
Silver Warren S $502,000 Executive Title Ins Svcs Inc
Collins Cynthia C $268,000 --
Stephans Edwina $162,000 --
Steele E Victoria $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlson George S $240,000
Previous Owner Silver Warren S $282,000
Previous Owner Collins Cynthia C $120,000
Previous Owner Stephans Edwina $100,050
Previous Owner Steele E Victoria $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2022 11/02/22 Sold $540,000 -6.1% $450 / Sq Ft
09/03/2022 09/03/22 Pending -- -- --
08/14/2022 08/14/22 Price Changed $575,000 -8.0% $479 / Sq Ft
07/12/2022 07/12/22 Price Changed $625,000 -7.4% $521 / Sq Ft
06/17/2022 06/17/22 For Sale $675,000 -- $563 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,476 $452,900 -- $452,900
2023 $6,476 $424,000 $0 $424,000
2022 $3,277 $246,494 $0 $0
2021 $3,281 $239,315 $0 $0
2020 $3,311 $236,011 $0 $0
2019 $4,893 $297,100 $0 $297,100
2018 $4,605 $278,200 $0 $278,200
2017 $4,465 $266,800 $0 $266,800
2016 $886 $43,700 $0 $43,700
2015 $847 $41,000 $0 $41,000
2014 $774 $31,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4538052

Stellar MLS

APN: 2027-05-2048