$3,050,000
SOLD MAY 18, 2023
3 Beds
3 Baths
3,954 Sq Ft
$1,802/mo HOA Fee

Recently Sold

$771 Per Sq Ft

7% Below List Price

52 Days on Market

Highlights

  • Heated Lap Pool
  • Full Bay or Harbor Views
  • Wood Flooring
  • Southside Elementary School Rated A
  • Open Floorplan
  • 3-minute walk to Five Points Park

About This Home

As of May 2023

Beautifully located in the heart of downtown Sarasota, this rarely available 3-bedroom, 3-bathroom residence in the historic Orange Blossom Tower blends classic original details with modern conveniences and refined, elegant finishes. A vibrant downtown lifestyle awaits just a short stroll from the iconic building at the corner of Main Street and Palm Avenue, with abundant fine dining, art galleries and boutiques, as well as Bayfront Park, the marina and theater district. The 3,974-square-foot open floorplan residence – one of only seven units in the iconic building – encompasses the entire third floor and boasts two enchanting private terraces for dining, relaxing and entertaining while savoring fabulous city views and coastal breezes. An elevator transports you to your private entry foyer, where leaded glass front doors open to a long gallery hallway with an original exposed brick wine storage space with a custom iron door. Gorgeous wood floors flow into the capacious living room and dining room with striking tray ceilings, sophisticated light fixtures and 7-foot-high windows that extend into the kitchen, filling the space with natural light and offering commanding views of the scenic downtown landscape. The open dining room seamlessly flows into the dazzling well-appointed kitchen, featuring a crystal chandelier above the center island, high-end stainless-steel appliances, granite countertops, 5-burner gas stove, breakfast bar and long window benches. Just off the living room, you’ll find an expansive master retreat with large windows and a terrace overlooking tree-lined Palm Avenue, and a sizable bathroom with separate vanities, walk-in shower and tub. Overnight guests will appreciate two en-suite bedrooms in a separate wing, including one with French doors to the 14’x47’ terrace, which also can be accessed from a hallway between the guest suites. The residence also has a generous den off the foyer with large windows showcasing downtown, bay, marina and sunset vistas. Orange Blossom Tower amenities include a secured lobby entry, concierge services, two deeded garage spaces and access to a community pool, spa and fitness center next door at 1350 Main.

Last Agent to Sell the Property

Nora Johnson

MICHAEL SAUNDERS & COMPANY License #0683885 Listed on: 03/02/2023

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Kim Ogilvie

MICHAEL SAUNDERS & COMPANY License #0412475

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,020

Year Built

  • Built in 1926

Lot Details

  • West Facing Home
  • Historic Home

HOA Fees

  • $1,802 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Reserved Parking
  • Deeded Parking
  • Assigned Parking

Property Views

  • Full Bay or Harbor
  • City
  • Woods
  • Park or Greenbelt

Home Design

  • Entry on the 3rd floor
  • Concrete Roof
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 3,954 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Dry Bar
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • High Ceiling
  • Gas Fireplace
  • Awning
  • Blinds
  • French Doors
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Brick
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Doors
  • Accessible Approach with Ramp

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Outdoor Storage
  • Outdoor Grill
  • Front Porch

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool
  • $96 Other Monthly Fees
  • Argus Management Association, Phone Number (941) 926-7181
  • Mid-Rise Condominium
  • Orange Blossom Tower Community
  • Orange Blossom Tower Subdivision
  • 9-Story Property

Recreation

  • Community Pool

Pet Policy

  • Pets up to 40 lbs
  • 1 Pet Allowed
  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,020

Year Built

Built in 1926

Lot Details

0

HOA Fees

$1,802 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Historic
  • Construction Materials: Stucco
  • Fireplace: Yes
  • Living Area: 3954
  • New Construction: No
  • Year Built: 1926
  • Accessibility Features: Accessible Approach with Ramp, Accessible Doors
  • Building Area Total: 4968
  • Directions to Property: Located at the corner of Main St & Palm Ave Street parking free until 10:00 am and parking on Gulfstream available for two hours no charge.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 3
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1 Month
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 771.37
  • Unit Number YN: 0
  • Water Access YN: 0
  • Other Fees Amount: 1150
  • Condo Fees Term: Quarterly
  • Property Description: Mid Rise
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 3
  • Interior Amenities: Built-in Features, Coffered Ceiling(s), Crown Molding, Dry Bar, Eat-in Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 9
  • Window Features: Blinds
  • Street Number Modifier: 1330
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office,Family Room,Great Room
  • Living Area Meters: 367.34
  • Room Count: 7

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, In Ground, Lap
  • Exterior Features: Awning(s), Balcony, French Doors, Outdoor Grill, Storage
  • Roof: Concrete
  • Pool Private: No
  • View: City, Park/Greenbelt, Trees/Woods, Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: No
  • Patio and Porch Features: Front Porch, Rear Porch
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Deeded, Reserved

Utilities

  • Utilities: Cable Available, Cable Connected, Public
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Association Name: Argus Management
  • Phone: 941-926-7181
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: No aggressive breeds.
  • Building Name Number: ORANGE BLOSSOM TOWER
  • Condo Fees: 5406
  • Condo Land Included YN: 0
  • Max Pet Weight: 40
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 1802
  • Pet Size: Medium (36-60 Lbs.)

Fee Information

  • Total Annual Fees: 22774.00
  • Total Monthly Fees: 1897.83
  • Other Fees Term: Annual

Schools

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

Lot Info

  • Zoning: DTB
  • Parcel Number: 2027054003
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Lease restrictions

Tax Info

  • Tax Annual Amount: 21020
  • Tax Book Number: 34-11
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
May 18, 2023
Sold by
Jager Gerald C and Jager Jeanne V
Bought by
Peppers Julie M and Peppers Richard
Seller's Agent
Nora Johnson
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Kim Ogilvie
MICHAEL SAUNDERS & COMPANY
List Price
$3,295,000
Sold Price
$3,050,000
Premium/Discount to List
-$245,000
-7.44%
Views
92

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.28%

Purchase Details

Listed on
Jul 3, 2014
Closed on
Sep 2, 2015
Sold by
Mahoney Kathleen C
Bought by
Jager Gerald C and Feldhusen Jeanne
Seller's Agent
Betsy De Manio
COLDWELL BANKER REALTY
Buyer's Agent
Michael James
MICHAEL SAUNDERS & COMPANY
List Price
$1,799,000
Sold Price
$1,500,000
Premium/Discount to List
-$299,000
-16.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.64%

Purchase Details

Listed on
May 18, 2010
Closed on
May 15, 2012
Sold by
Lucas John K and Butine Ronald L
Bought by
Mahoney Kathleen C
Seller's Agent
Joel Schemmel
DOUGLAS ELLIMAN
Buyer's Agent
Meg Mahoney
List Price
$1,480,000
Sold Price
$1,480,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.41%

Purchase Details

Closed on
Mar 25, 2004
Sold by
Foley Holdings Corp
Bought by
Lucas John K and Butine Ronald L
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 Type Sale Price Title Company
Warranty Deed $3,050,000 Msc Title
Warranty Deed $1,500,000 Attorney
Warranty Deed $1,480,000 Attorney
Warranty Deed $1,000,000 Riddell Title & Escrow
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2025 09/25/25 For Sale $4,295,000 +40.8% $1,086 / Sq Ft
05/18/2023 05/18/23 Sold $3,050,000 -7.4% $771 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $3,295,000 +119.7% $833 / Sq Ft
08/17/2018 08/17/18 Off Market $1,500,000 -- --
09/02/2015 09/02/15 Sold $1,500,000 -6.2% $379 / Sq Ft
07/11/2015 07/11/15 Pending -- -- --
06/06/2015 06/06/15 Price Changed $1,599,000 -3.0% $404 / Sq Ft
03/31/2015 03/31/15 Price Changed $1,648,000 -1.6% $417 / Sq Ft
12/05/2014 12/05/14 Price Changed $1,675,000 -6.9% $424 / Sq Ft
08/19/2014 08/19/14 For Sale $1,799,000 0.0% $455 / Sq Ft
08/13/2014 08/13/14 Pending -- -- --
07/03/2014 07/03/14 For Sale $1,799,000 +21.6% $455 / Sq Ft
05/15/2012 05/15/12 Sold $1,480,000 0.0% $374 / Sq Ft
04/16/2012 04/16/12 Pending -- -- --
05/18/2010 05/18/10 For Sale $1,480,000 -- $374 / 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 $24,904 $2,394,500 -- $2,394,500
2023 $24,904 $1,971,200 $0 $1,971,200
2022 $21,141 $1,525,100 $0 $1,525,100
2021 $18,646 $1,162,400 $0 $1,162,400
2020 $19,161 $1,164,700 $0 $1,164,700
2019 $21,020 $1,284,900 $0 $1,284,900
2018 $20,386 $1,241,300 $0 $1,241,300
2017 $20,579 $1,241,300 $0 $1,241,300
2016 $21,005 $1,241,500 $0 $1,241,500
2015 $20,564 $1,187,600 $0 $1,187,600
2014 $22,221 $1,160,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4562498

Stellar MLS

APN: 2027-05-4003