NOT LISTED FOR SALE

Watergate One Condo 1111 N Gulfstream Ave Unit 8E Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $863,000 - $1,342,000

2 Beds
2 Baths
1,575 Sq Ft
$1,100/mo HOA Fee

Last Sold January 11, 2023

Last sale price $865,000 $549 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $7,603/month

17 Days on Market

Highlights

  • Fitness Center
  • Property is near a marina
  • Full Bay or Harbor Views
  • Booker High School Rated A-
  • Heated In Ground Pool
  • 5-minute walk to Causeway Park

About This Home

As of January 2023

Experience all that downtown Sarasota has to offer in this 2 bedroom, 2 bath condominium with breathtaking views of Sarasota Bay from the expansive balcony, with both bedrooms also sharing the spectacular views! The living room and dining room each have large sliding doors onto the covered balcony, bringing plenty of natural light in from the sparkling Bay waters. One Watergate amenities include two tennis / pickleball courts, gorgeous landscaping, state of the art fitness center, community room, covered dedicated parking, and newly renovated heated salt water pool and spa. Imagine being able to live the luxurious downtown Sarasota lifestyle, walking distance to rich cultural, shopping and dining, and only minutes across Ringling Bridge to St. Armand's Circle and Lido Key & Longboat Key beaches!

Last Agent to Sell the Property

Gloria Pearon

EXP REALTY LLC License #3521954 Listed on: 11/30/2022

EXP REALTY LLC

Last Buyer's Agent

Tom Hedge, Jr

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0647122

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,400

Year Built

  • Built in 1974

Lot Details

  • West Facing Home

HOA Fees

  • $1,100 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Electric Vehicle Home Charger
  • Ground Level Parking
  • Garage Door Opener
  • Circular Driveway
  • Secured Garage or Parking
  • Assigned Parking

Home Design

  • Membrane Roofing
  • Concrete Siding
  • Pile Dwellings

Interior Spaces

  • 1,575 Sq Ft Home
  • Tinted Windows
  • Sliding Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Engineered Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool

Outdoor Features

  • Property is near a marina
  • Balcony
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

  • Alta Vista Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, pool, escrow reserves fund, maintenance structure, ground maintenance, management, pest control, recreational facilities, sewer, trash, water
  • Tanya Buckelew Association, Phone Number (941) 366-1611
  • High-Rise Condominium
  • One Watergate Community
  • One Watergate Subdivision
  • The community has rules related to deed restrictions
  • 18-Story Property

Recreation

  • Recreation Facilities
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • High Impact Windows

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,400

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,100 per month

Parking

1

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Pool, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1575
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1781
  • Directions to Property: From US 41 please use the entrance to the Ritz Carlton and turn left by entrance, One Watergate is on the left at the bottom of the hill. From Ringling Bridge, turn left on Sunset Drive and then right into One Watergate.
  • Status: Sold
  • Street Direction: N
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 8
  • List Office Head Office Key Nume: 1041803
  • Minimum Lease: 8-12 Months
  • RATIO Current Price By Calculate: 549.21
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Property Description: High Rise
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Elevator, Kitchen/Family Room Combo, Master Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 18
  • Window Features: Impact Glass/Storm Windows, Tinted Windows
  • Street Number Modifier: 1111
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 146.32
  • Room Count: 8

Exterior Features

  • Direction Faces: West
  • Other Structures: Tennis Court(s)
  • Pool Features: Gunite, Heated, In Ground, Salt Water
  • Exterior Features: Balcony, Lighting, Outdoor Grill, Sliding Doors, Tennis Court(s)
  • Roof: Membrane
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Lead Paint, Other Disclosures, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12113C0133F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Circular Driveway, Covered, Electric Vehicle Charging Station(s), Garage Door Opener, Ground Level, Guest

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness Center, Pool, Sidewalks, Tennis Courts
  • Association Amenities: Elevator(s), Fitness Center, Pool, Recreation Facilities, Tennis Court(s)
  • Association Name: Tanya Buckelew
  • Phone: 941-366-1611
  • Association: Yes
  • Security: Key Card Entry, Secured Garage / Parking
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Building Name Number: ONE WATERGATE
  • Condo Fees: 3300
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 1100

Fee Information

  • Total Annual Fees: 13200.00
  • Total Monthly Fees: 1100.00

Schools

  • Elementary School: Alta Vista Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: DTB
  • Parcel Number: 2010013046
  • Additional Parcels: No
  • Lot Features: FloodZone, City Limits, Near Marina, Near Public Transit, Sidewalk, Private
  • Flood Zone Code: AE
  • Homestead YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See condo docs for lease restrictions. Must own for 2 years before leasing is allowed

Tax Info

  • Tax Annual Amount: 6400.49
  • Tax Book Number: 1047-2068
  • Tax Lot: 8E

Multi Family

  • Approval Process: See condo docs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2022
Closed on
Jan 11, 2023
Sold by
Strassner-Berns Patricia Ann
Bought by
Picariello Michael A and Darocha Irene
Seller's Agent
Gloria Pearon
EXP REALTY LLC
Buyer's Agent
Tom Hedge, Jr
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$896,000
Sold Price
$865,000
Premium/Discount to List
-$31,000
-3.46%
Views
20
Current Estimated Value
$1,015,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,213
Avg. Annual Appreciation
7.12%

Purchase Details

Closed on
Dec 8, 2021
Sold by
Strassner Berns Patricia Ann
Bought by
Pearon William and Pearon Gloria

Purchase Details

Listed on
Mar 1, 2019
Closed on
Dec 9, 2019
Sold by
One Nixon Llc
Bought by
Strassner Berns Patricia Ann
Seller's Agent
Ingrid Walker
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Tamara Currey
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$597,000
Sold Price
$550,000
Premium/Discount to List
-$47,000
-7.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.77%
Original Mortgage
$350,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 27, 2017
Closed on
May 31, 2017
Sold by
Petrillo Michael C
Bought by
One Nixon Llc
Seller's Agent
Ingrid Walker
MICHAEL SAUNDERS & COMPANY
Sold Price
$2,700

Purchase Details

Listed on
Oct 3, 2013
Closed on
Sep 17, 2014
Sold by
Gerritsen Mary Louise
Bought by
Petrillo Charles A and Charles A Petrillo Jr Revocable Trust
Seller's Agent
Lynn Robbins
Buyer's Agent
Christine Del Monte
COLDWELL BANKER REALTY
List Price
$500,000
Sold Price
$465,000
Premium/Discount to List
-$35,000
-7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Picariello Michael A $865,000 --
Pearon William -- Accommodation
Strassner Berns Patricia Ann $550,000 Attorney
One Nixon Llc -- None Available
Petrillo Michael C -- None Available
Petrillo Charles A $465,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Strassner Berns Patricia Ann $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2023 01/11/23 Sold $865,000 -3.5% $549 / Sq Ft
12/18/2022 12/18/22 Pending -- -- --
11/30/2022 11/30/22 For Sale $896,000 +62.9% $569 / Sq Ft
12/10/2019 12/10/19 Sold $550,000 0.0% $349 / Sq Ft
10/20/2019 10/20/19 Pending -- -- --
04/19/2019 04/19/19 Price Changed $550,000 -7.9% $349 / Sq Ft
03/01/2019 03/01/19 For Sale $597,000 0.0% $379 / Sq Ft
08/17/2018 08/17/18 Off Market $2,700 -- --
04/12/2017 04/12/17 Rented $2,700 -3.6% --
03/13/2017 03/13/17 Under Contract -- -- --
02/27/2017 02/27/17 For Rent $2,800 0.0% --
09/17/2014 09/17/14 Sold $465,000 -6.1% $295 / Sq Ft
08/11/2014 08/11/14 Pending -- -- --
04/08/2014 04/08/14 Price Changed $495,000 -1.0% $314 / Sq Ft
10/03/2013 10/03/13 For Sale $500,000 -- $317 / 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 $10,633 $707,100 -- $707,100
2023 $10,633 $701,300 $0 $701,300
2022 $6,363 $449,904 $0 $0
2021 $6,400 $436,800 $0 $436,800
2020 $6,483 $431,600 $0 $431,600
2019 $7,289 $444,400 $0 $444,400
2018 $7,143 $433,900 $0 $433,900
2017 $7,252 $436,500 $0 $436,500
2016 $5,326 $401,300 $0 $401,300
2015 $5,405 $373,400 $0 $373,400
2014 $5,696 $280,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gloria Pearon

    Seller's Agent in 2023

    Gloria Pearon

    EXP REALTY LLC

    (703) 424-8466

    1 in this area

    7 Total Sales

    Section Image
  • Tom Hedge, Jr

    Buyer's Agent in 2023

    Tom Hedge, Jr

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 587-6660

    12 in this area

    61 Total Sales

    Section Image
  • Ingrid Walker

    Seller's Agent in 2019

    Ingrid Walker

    Michael Saunders

    (941) 330-4680

    11 in this area

    45 Total Sales

    Section Image
  • Tamara Currey

    Buyer's Agent in 2019

    Tamara Currey

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 587-1776

    7 in this area

    237 Total Sales

    Section Image

  • L

    Seller's Agent in 2014

    Lynn Robbins

  • Christine Del Monte

    Buyer's Agent in 2014

    Christine Del Monte

    COLDWELL BANKER REALTY

    (941) 266-6733

    2 in this area

    30 Total Sales

    Section Image
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About Watergate One Condo

Map

Source: Stellar MLS

MLS Number: A4552446

Stellar MLS

APN: 2010-01-3046

Florida Sarasota County Sarasota 34236 Downtown Sarasota

1111 N Gulfstream Ave Unit 8E, Sarasota, FL

This home is located at 1111 N Gulfstream Ave Unit 8E, Sarasota, FL 34236 since 30 November 2022 and is currently estimated at $1,015,213, approximately $644 per square foot. This property was built in 1974. 1111 N Gulfstream Ave Unit 8E is a home located in Sarasota County with nearby schools including Alta Vista Elementary School, Booker Middle School, and Booker High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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