NOT LISTED FOR SALE

Estimated Value: $1,220,000 - $1,513,000

2 Beds
2.5 Baths
1,575 Sq Ft
$906/mo HOA Fee

Last Sold January 24, 2023

Last sale price $1,500,000 $952 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $9,341/month

46 Days on Market

Highlights

  • Fitness Center
  • Property is near a marina
  • The property is located in a historic district
  • Southside Elementary School Rated A
  • New Construction
  • 3-minute walk to Five Points Park

About This Home

As of January 2023

Welcome to The Mark, offering the ultimate in downtown Sarasota living. Why wait to build when this nearly new, luxury, state-of-the art, move-in-ready, 11th-floor condominium with expansive views awaits you and your own personal touches. Modern designer details abound utilizing neutral color palettes that highlight the numerous and distinct unit upgrades including the low-voltage, Hunter Douglas, top-of-the-line smart blinds that are phone- and/or remote-controlled, upgraded, porcelain tile throughout, ceramic tiled balcony, custom closets, and high-end modern decor. Additionally, the unit is one of a few in the entire building to feature owner-upgraded, contemporary, indirect lighting in the living area. The two spacious bedrooms both feature en-suite baths, perfect for guests, and an additional powder room off the living area is ideal for entertaining. The home office/den is large and could double as an additional bedroom. Tuxedo European kitchen cabinets, induction range, large kitchen island and reverse osmosis system in the kitchen, in addition to the condominium's complete water filtration system, further establish the residence as prime. The eastward facing, generously sized balcony offers a nice retreat to read a book while sipping your morning coffee or enjoying a glass of wine in the evening while taking in the city views. Other distinguishing unit features include the down-the-hall, on the same floor, convenient, double bin storage locker, and 2 side-by-side, assigned parking spaces for your cars in the covered, 3rd-floor under-building garage. EV charging stations are also conveniently available for use in the garage. Built in 2019 by Kolter to the newest codes, the building has hurricane impact windows and sliding doors, and 24/7 security and concierge for your safety, security and peace of mind. The Mark lives like a resort with a huge, outdoor, 65' rooftop pool, spa, cabanas, bar, grilling area, and fire table. The amenities level features one of the best in-building gyms in town, as well as a spin room, club room with catering kitchen and bar, meeting room, media room and billiards. Downstairs is the ground-floor promenade featuring retail shopping and services. Just steps away, enjoy one of Sarasota's 21 Zagat Survey restaurants, many a short distance downtown. Beyond fine dining, enjoy Whole Foods, unique boutique shopping, the beaches of Siesta and Lido Key, world-class shopping on St. Armands Circle, opera, theatre, orchestra, the Van Wezel, Marie Selby Gardens, the Ringling Museum or Marina Jacks and the Sarasota bayfront 2 blocks away. The Mark defines the best in Sarasota living and an additional bonus is that it is a pet-friendly building, one of the few in town that allow owners to have 2 larger pets. Come see what makes this unit and The Mark in a league of its own. Schedule your private showing and begin living the good life today!

Last Agent to Sell the Property

Jessika Arman

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0670706 Listed on: 10/20/2022

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Andrea O'Brien

MICHAEL SAUNDERS & COMPANY License #3395135

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,931

Year Built

  • Built in 2019 | New Construction

Lot Details

  • West Facing Home
  • Fruit Trees

HOA Fees

  • $906 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger
  • Secured Garage or Parking
  • Guest Parking
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Florida Architecture
  • Entry on the 11th floor
  • Slab Foundation
  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,575 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Shades
  • Blinds
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Storage Room
  • Inside Utility
  • Tile Flooring

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal
  • Reverse Osmosis System

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property is near a marina
  • Outdoor Storage

Location

  • The property is located in a historic district

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Water Filtration System
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, pool, escrow reserves fund, maintenance structure, ground maintenance, maintenance, management, trash
  • High-Rise Condominium
  • Built by Kolter
  • Mark Sarasota Condo Subdivision, L 5 Floorplan
  • 12-Story Property

Recreation

Pet Policy

  • Pets up to 101 lbs
  • 2 Pets Allowed

Security

  • High Impact Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,931

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$906 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pool, Trash
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary, Florida
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1575
  • New Construction: Yes
  • Year Built: 2019
  • Building Area Total: 1651
  • Directions to Property: Take Main Street and turn south through the roundabout onto S. Pineapple. The Mark will be on the left . Parking is available on the street, on Pineapple Ave, or in guest parking in building garage on the second floor. Agent will meet you in the lobby of the building for all appointments.
  • Status: Sold
  • Street Direction: S
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 11
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: 6 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 952.38
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Property Description: High Rise
  • Tax Year: 2021
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Kitchen Reverse Osmosis System, Microwave, Range, Range Hood, Refrigerator, Washer, Water Filtration System
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 12
  • Window Features: Blinds, Impact Glass/Storm Windows, Shades
  • Street Number Modifier: 111
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Den/Library/Office,Great Room,Inside Utility,Storage Rooms
  • Living Area Meters: 146.32
  • Room Count: 6

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Sliding Doors, Storage
  • Roof: Membrane
  • Pool Private: No
  • View: City
  • Waterfront: No
  • Road Surface Type: Asphalt, Concrete, Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0133F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Electric Vehicle Charging Station(s), Guest

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fitness Center, Pool
  • Association: Yes
  • Security: Fire Sprinkler System, Secured Garage / Parking, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Building Name Number: MARK SARASOTA CONDOMINIUM
  • Condo Fees: 2717
  • Condo Land Included YN: 0
  • Max Pet Weight: 101
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 906
  • Pet Size: Extra Large (101+ Lbs.)

Fee Information

  • Total Annual Fees: 10868.00
  • Total Monthly Fees: 905.67

Schools

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

Lot Info

  • Zoning: DTC
  • Parcel Number: 2027034164
  • Additional Parcels: No
  • Lot Features: Historic District, City Limits, Near Marina, Sidewalk, Paved
  • Flood Zone Code: X500
  • Homestead YN: 0
  • Lot Size Square Meters: 0
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Kolter

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Confirm with management
  • Month To Month Or Weekly YN: 0

Tax Info

  • Tax Annual Amount: 11931
  • Tax Block: 1
  • Tax Lot: 1105

Multi Family

  • Approval Process: Confirm with management

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Jan 24, 2023
Sold by
Costantino Don and Costantino Barbara
Bought by
Lynn N Wood Revocable Trust and Gary L Wood Revocable Trust
Seller's Agent
Jessika Arman
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Andrea O'Brien
MICHAEL SAUNDERS & COMPANY
List Price
$1,550,000
Sold Price
$1,500,000
Premium/Discount to List
-$50,000
-3.23%
Views
24
Current Estimated Value
$1,338,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$161,700
Avg. Annual Appreciation
-4.18%
Original Mortgage
$1,000,000
Outstanding Balance
$967,815
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$370,485

Purchase Details

Closed on
Feb 18, 2020
Sold by
Kt State & Lemon Lllp
Bought by
Costantino Don and Costantino Barbara
Source: Public Records

Range of Values:

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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
Lynn N Wood Revocable Trust $1,500,000 Msc Title
Costantino Don $932,200 K Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynn N Wood Revocable Trust $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2023 01/24/23 Sold $1,500,000 -3.2% $952 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
12/05/2022 12/05/22 For Sale $1,550,000 0.0% $984 / Sq Ft
11/27/2022 11/27/22 Pending -- -- --
10/20/2022 10/20/22 For Sale $1,550,000 -- $984 / 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 $15,746 $1,284,400 -- $1,284,400
2023 $15,746 $1,238,100 $0 $1,238,100
2022 $14,006 $1,056,400 $0 $1,056,400
2021 $11,931 $755,900 $0 $755,900
2020 $11,536 $711,300 $0 $711,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4548961

Stellar MLS

APN: 2027-03-4164