NOT LISTED FOR SALE

Estimated Value: $1,265,000 - $1,374,000

2 Beds
2.5 Baths
1,583 Sq Ft
$996/mo HOA Fee

Last Sold March 15, 2023

Last sale price $1,575,000 $995 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $8,631/month

1 Day on Market

Highlights

  • Fitness Center
  • Heated In Ground Pool
  • 1.65 Acre Lot
  • Southside Elementary School Rated A
  • City View
  • 3-minute walk to Five Points Park

About This Home

As of March 2023

Welcome to The Mark, downtown Sarasota’s premier condominium complex. An iconic building with modern coastal architecture and state-of-the-art amenities, this is the place for those who desire the finest in urban and coastal living, just steps away from theaters, shops, restaurants and Sarasota Bay. With its soaring views and contemporary design, Unit 803 encompasses the best The Mark has to offer, featuring 1583 square feet of living space with two bedrooms, two and a half baths, a den/office and two parking spaces. As you enter the front door, you will immediately notice the stunning 32” Amazon White porcelain tile floors, continuing throughout every room. The kitchen features warm driftwood cabinetry, Jenn-Air appliances, white quartz countertops and an iridescent backsplash. The open-concept kitchen and great room provide for spectacular views through floor-to-ceiling windows overlooking Sarasota’s cityscape. Sleek modern lighting fixtures add architectural interest without blocking the panoramic views. The impressive owner's suite is just off the living room. It is enhanced by an abundance of natural light with direct views of the city skyline, a large walk-in closet, and a bright master bath that is finished with frameless glass and accented by mirrored sconces and a natural stone floor in the shower. Isolated from the master suite by a split floor plan, the en-suite guest room also boasts a spectacular view, gazing directly down on popular State Street. The 10x15 foot terrace gives a sense of total privacy in which to watch magnificent sunrises, sunsets and mesmerizing city lights.
The Mark is one of the few pet-friendly condos in downtown, welcoming two dogs of any size. It was also designed with the most spectacular amenities in Downtown Sarasota. The scenic 5th-floor terrace boasts a resort-style lap pool and spa, fire pit, outdoor kitchen with two gas grills, clubroom with catering kitchen, workout facility with separate spin room, and media/study room. The Mark is centrally located in the heart of the city, where ‘Downtown is Downstairs’. This is a second-to-none lifestyle; make your showing today and see what the Mark is all about. You're going to love the way you live!

Last Agent to Sell the Property

Cole Collins

COLDWELL BANKER REALTY License #3385219 Listed on: 01/11/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Ingrid Walker

MICHAEL SAUNDERS & COMPANY License #3292350

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,227

Year Built

  • Built in 2019

Lot Details

  • 1.65

HOA Fees

  • $996 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 1,583 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Den
  • Storage Room
  • Porcelain Tile

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Pool Deck
  • Outdoor Shower
  • Pool Lighting
  • In Ground Spa

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessibility Features
  • East Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, common area taxes, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, recreational facilities, security, sewer, trash, water
  • John Wyczlinski Association
  • The Mark Sarasota Community
  • Mark Sarasota Condo Subdivision
  • On-Site Maintenance
  • Community features wheelchair access
  • 12-Story Property

Amenities

  • Elevator

Recreation

  • Recreation Facilities
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pets up to 60 lbs
  • 2 Pets Allowed

Security

  • Security Service
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,227

Year Built

Built in 2019

Lot Details

0

HOA Fees

$996 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Other, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1583
  • Lot Size Acres: 1.65
  • New Construction: No
  • Year Built: 2019
  • Building Area Total: 1735
  • Lot Size Sq Ft: 72033
  • Directions to Property: From Gulfstream Ave, turn onto Ringling Blvd. Turn left on Pineapple Ave. The Mark is on your right.
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4555250?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4555250?w=Customer
  • Floor Number: 8
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98499
  • Price per Sq Ft: 994.95
  • Close to Original List Price Ratio: 0.98499
  • Ratio: Current Price\Building Area Total: 907.78
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Porcelain Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Accessibility Features, Built in Features, Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Other, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Freezer, Microwave, Other, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 12
  • Window Features: Blinds
  • Street Number Modifier: 111
  • Room Count: 3
  • Additional Rooms: Den/Library/Office, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Pool Features: Deck, Heated, In Ground, Lighting, Other
  • Exterior Features: Balcony, Lighting, Other, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Sidewalk, Sliding Doors, Storage
  • Roof: Other
  • Pool Private: Yes
  • View: City
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Other
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Garage Door Opener, Guest, Off Street, On Street, Other
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Other, Phone Available, Public, Sewer Available, Sewer Connected, Street Lights, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness, Pool, Restaurant, Sidewalk, Wheelchair Access
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Lobby Key Required, Maintenance, Other, Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage
  • Association Fee: 2987.53
  • Association Fee Frequency: Quarterly
  • Association Name: John Wyczlinski
  • Association: Yes
  • Senior Community: No
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 11950.12
  • Monthly HOA Fee: 995.84
  • Total Monthly Fees: 995.84

Lot Info

  • Zoning: DTC
  • Parcel Number: 2027034099
  • Additional Parcels: No
  • Flood Zone Code: X500
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Max Pet Weight: 60
  • Minimum Lease: 6 Months
  • Approval Process: CONTACT ASSOCIATION
  • Num Timesper Year: 2
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 7226.89
  • Tax Block: 1
  • Tax Lot: 803

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2023
Sold by
Ruth L Reiter Revocable Trust
Bought by
Ruth L Reiter Revocable Trust and Reiter
Current Estimated Value
$1,318,883

Purchase Details

Listed on
Jan 11, 2023
Closed on
Mar 15, 2023
Sold by
John R Gaddas Revocable Trust
Bought by
Ruth L Reiter Revocable Trust
Seller's Agent
Cole Collins
COLDWELL BANKER REALTY
Buyer's Agent
Ingrid Walker
MICHAEL SAUNDERS & COMPANY
List Price
$1,599,000
Sold Price
$1,575,000
Premium/Discount to List
-$24,000
-1.5%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.70%
Original Mortgage
$1,260,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2020
Sold by
Gaddas John R and Gaddas Diane H
Bought by
Gaddas John R and Gaddas Diane H
Source: Public Records

Range of Values:

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Average Value
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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
Ruth L Reiter Revocable Trust $100 None Listed On Document
Ruth L Reiter Revocable Trust $1,575,000 --
Gaddas John R -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruth L Reiter Revocable Trust $1,260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2023 03/15/23 Sold $1,575,000 -1.5% $995 / Sq Ft
01/13/2023 01/13/23 Pending -- -- --
01/11/2023 01/11/23 For Sale $1,599,000 -- $1,010 / 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 $7,381 $741,800 -- --
2023 $7,381 $521,546 $0 $0
2022 $7,178 $506,355 $0 $0
2021 $7,227 $491,607 $0 $0
2020 $7,307 $484,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4555250

Stellar MLS

APN: 2027-03-4099