Estimated Value: $3,361,000 - $4,689,000
3
Beds
3.5
Baths
3,208
Sq Ft
$2,538/mo
HOA Fee
Highlights
- White Water Ocean Views
- Fitness Center
- Home Theater
- Southside Elementary School Rated A
- Property is near a marina
- 2-minute walk to Five Points Park
About This Home
As of February 2024Welcome to your exclusive downtown oasis, “The One at 1350 Main”, a Penthouse residence perched on the 17th floor, boasting breathtaking panoramic views of downtown, Sarasota Bay, and the Gulf of Mexico. Built in 2007, this meticulously remodeled residence offers the epitome of city living with an impressive three bedrooms, and a sprawling 3,208 square feet of interior space. Step inside this modern masterpiece, and be instantly captivated by the open layout, accentuated by walls of floor-to-ceiling glass that bathe the home in natural light and frame the awe-inspiring vistas. The impressive, custom plank high ceilings create a sense of grandeur, while the wood flooring adds warmth and elegance throughout the space. The heart of this penthouse is a chef's dream kitchen, thoughtfully designed with quartz countertops, custom cabinetry by Irpinia, and top-of-the-line Wolf and Sub-Zero appliances. Gather with friends and family in the inviting media room, where the Sonos surround sound system ensures a captivating entertainment experience. Every detail has been carefully considered, from the programmable Ketra smart home lighting system to the stylish mix of wood, brick and glass finishes that exude sophistication and timeless appeal. Retreat to the lavish master suite, offering an oasis of tranquility with its private sanctuary and spectacular views. This secluded getaway also includes a massive walk-in closet with plenty of built-ins, gorgeous spa-inspired en-suite bathroom, and private access to the largest of two terraces. Two additional, generously sized bedrooms provide ample space for guests or can be repurposed into a home office or fitness area, accommodating your specific lifestyle needs (the third bedroom is currently equipped with lush theater seating, convenient snack/candy bar, and is being used as a media room). Outside, two verandas await, providing a seamless indoor-outdoor living experience and the perfect backdrop for savoring Sarasota's enchanting sunsets. Relax in the warm Gulf breeze as you enjoy the ever-changing cityscape below. This premier downtown location allows you to walk to the best of city living, from world-class dining and shopping to cultural experiences and artistic pursuits. Embrace the vibrant energy of downtown Sarasota. Offered furnished and immediately move-in ready, this Penthouse residence is a rare opportunity to enjoy an exquisite piece of downtown Sarasota. With its unparalleled views, sophisticated design, and ideal location, this luxurious getaway epitomizes the essence of modern city living.
Last Agent to Sell the Property
COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #0499842 Listed on: 08/14/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $27,510
Year Built
- Built in 2007
Lot Details
- West Facing Home
- Mature Landscaping
- Landscaped with Trees
HOA Fees
- $2,538 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Electric Vehicle Home Charger
- Side Facing Garage
- Garage Door Opener
- Secured Garage or Parking
Property Views
Home Design
- Custom Home
- Contemporary Architecture
- Concrete Roof
- Concrete Siding
- Block Exterior
- Pile Dwellings
Interior Spaces
- 3,208 Sq Ft Home
- Open Floorplan
- Furnished
- Built-In Features
- Dry Bar
- High Ceiling
- Ceiling Fan
- Non-Wood Burning Fireplace
- Electric Fireplace
- Shades
- Sliding Doors
- Great Room
- Family Room Off Kitchen
- Combination Dining and Living Room
- Home Theater
- Inside Utility
- Wood Flooring
- Smart Home
Kitchen
- Eat-In Kitchen
- Range
- Recirculated Exhaust Fan
- Microwave
- Ice Maker
- Dishwasher
- Stone Countertops
- Solid Wood Cabinet
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Split Bedroom Floorplan
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Eco-Friendly Details
- Energy-Efficient Appliances
Pool
- Heated Spa
- Gunite Pool
- Pool Lighting
Outdoor Features
- Property is near a marina
- Covered patio or porch
- Exterior Lighting
- Outdoor Storage
Location
- Flood Zone Lot
- Property is near public transit
Schools
- Southside Elementary School
- Booker Middle School
- Sarasota High School
Utilities
- Central Heating and Cooling System
- Water Filtration System
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 1704
- Assessor Parcel Number 2027055140
Community Details
Overview
- Association fees include 24-Hour Guard, cable TV, pool, escrow reserves fund, fidelity bond, internet, maintenance structure, ground maintenance, management, recreational facilities, security, sewer, trash, water
- Jake Sanders Cam Association, Phone Number (941) 366-2165
- Visit Association Website
- 1350 Main Residential Subdivision, Penthouse Floorplan
- 1350 Main Residential Community
- On-Site Maintenance
- Association Owns Recreation Facilities
- The community has rules related to building or community restrictions, deed restrictions, vehicle restrictions
- 17-Story Property
Amenities
- Community Mailbox
- Community Storage Space
- Elevator
Recreation
- Recreation Facilities
- Community Spa
Pet Policy
- Pets up to 101 lbs
- 2 Pets Allowed
- Breed Restrictions
Security
- Security Service
- Card or Code Access
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 14, 2023
Closed on
Feb 12, 2024
Sold by
One At 1350 Llc
Bought by
David L Korman Trust and Korman
Seller's Agent
Roger Pettingell
COLDWELL BANKER REALTY
Buyer's Agent
Lisa Rooks Morris
DOUGLAS ELLIMAN
List Price
$5,495,000
Sold Price
$4,600,000
Premium/Discount to List
-$895,000
-16.29%
Views
44
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$569,169
Avg. Annual Appreciation
-9.06%
Original Mortgage
$3,000,000
Outstanding Balance
$2,958,771
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$1,072,060
Purchase Details
Closed on
Jul 27, 2022
Sold by
127 Pineapple Partners Llc
Bought by
One At 1350 Llc
Purchase Details
Closed on
Jul 1, 2022
Sold by
Ronald Shugar Family Living Trust
Bought by
127 Pineapple Partners Llc
Purchase Details
Listed on
Oct 28, 2020
Closed on
Dec 22, 2020
Sold by
Faust Donald
Bought by
Shugar Ronald and The Ronald Shugar Family Livin
Seller's Agent
Shari Norwick Pa
FINE PROPERTIES
Buyer's Agent
Thomas Arbuckle
COLDWELL BANKER REALTY
List Price
$2,900,000
Sold Price
$2,500,000
Premium/Discount to List
-$400,000
-13.79%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.12%
Original Mortgage
$2,000,000
Interest Rate
2.12%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 2, 2013
Closed on
Apr 22, 2014
Sold by
Meuser Veronica
Bought by
Faust Donald
Seller's Agent
Sania Allen
BERKSHIRE HATHAWAY HOMESERVICE
Buyer's Agent
Shari Norwick Pa
FINE PROPERTIES
List Price
$1,800,000
Sold Price
$1,700,000
Premium/Discount to List
-$100,000
-5.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Purchase Details
Closed on
Jun 2, 2008
Sold by
Furlan James E and Furlan Cheryl L
Bought by
Meuser Veronica
Purchase Details
Closed on
Feb 28, 2008
Sold by
Sarasota Main Street Llc
Bought by
Furlan James E and Furlan Cheryl L
Similar Homes in Sarasota, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| David L Korman Trust | $4,600,000 | None Listed On Document | |
| One At 1350 Llc | $100 | -- | |
| 127 Pineapple Partners Llc | -- | Norton Ahmmersley Lopez & Skok | |
| Shugar Ronald | $2,500,000 | Attorney | |
| Faust Donald | $1,700,000 | Integrity Title Services Inc | |
| Meuser Veronica | $1,775,000 | Attorney | |
| Furlan James E | $1,686,900 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | David L Korman Trust | $3,000,000 | |
| Previous Owner | Shugar Ronald | $2,000,000 | |
| Previous Owner | Faust Donald | $0 | |
| Previous Owner | Meuser Veronica | $700,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/13/2024 02/13/24 | Sold | $4,600,000 | -7.1% | $1,434 / Sq Ft |
| 12/31/2023 12/31/23 | Pending | -- | -- | -- |
| 11/03/2023 11/03/23 | Price Changed | $4,950,000 | -9.9% | $1,543 / Sq Ft |
| 08/14/2023 08/14/23 | For Sale | $5,495,000 | +119.8% | $1,713 / Sq Ft |
| 12/22/2020 12/22/20 | Sold | $2,500,000 | -9.1% | $779 / Sq Ft |
| 11/09/2020 11/09/20 | Pending | -- | -- | -- |
| 11/08/2020 11/08/20 | Price Changed | $2,750,000 | -5.2% | $857 / Sq Ft |
| 10/28/2020 10/28/20 | For Sale | $2,900,000 | +70.6% | $904 / Sq Ft |
| 04/22/2014 04/22/14 | Sold | $1,700,000 | -5.6% | $530 / Sq Ft |
| 03/28/2014 03/28/14 | Pending | -- | -- | -- |
| 03/27/2014 03/27/14 | For Sale | $1,800,000 | +5.9% | $561 / Sq Ft |
| 03/27/2014 03/27/14 | Off Market | $1,700,000 | -- | -- |
| 03/05/2014 03/05/14 | Price Changed | $1,800,000 | -5.3% | $561 / Sq Ft |
| 10/23/2013 10/23/13 | Price Changed | $1,900,000 | -9.5% | $592 / Sq Ft |
| 07/09/2013 07/09/13 | Price Changed | $2,100,000 | -6.7% | $655 / Sq Ft |
| 04/02/2013 04/02/13 | For Sale | $2,250,000 | -- | $701 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $47,596 | $3,167,400 | -- | $3,167,400 |
| 2023 | $47,596 | $3,194,800 | $0 | $3,194,800 |
| 2022 | $27,510 | $1,858,738 | $0 | $0 |
| 2021 | $27,809 | $1,804,600 | $0 | $1,804,600 |
| 2020 | $28,452 | $1,759,600 | $0 | $1,759,600 |
| 2019 | $28,694 | $1,858,800 | $0 | $1,858,800 |
| 2018 | $25,307 | $1,561,300 | $0 | $1,561,300 |
| 2017 | $25,550 | $1,561,300 | $0 | $1,561,300 |
| 2016 | $25,547 | $1,530,900 | $0 | $1,530,900 |
| 2015 | $24,474 | $1,432,900 | $0 | $1,432,900 |
| 2014 | $20,330 | $1,069,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Roger Pettingell
Seller's Agent in 2024
Roger Pettingell
COLDWELL BANKER REALTY
(941) 387-1840
45 in this area
367 Total Sales
-
Lisa Rooks Morris
Buyer's Agent in 2024
Lisa Rooks Morris
DOUGLAS ELLIMAN
(941) 544-3332
45 in this area
111 Total Sales
-
Shari Norwick Pa
Seller's Agent in 2020
Shari Norwick Pa
FINE PROPERTIES
(941) 320-9388
3 in this area
96 Total Sales
-
Thomas Arbuckle
Buyer's Agent in 2020
Thomas Arbuckle
COLDWELL BANKER REALTY
(941) 356-0638
13 in this area
62 Total Sales
-
Sania Allen
Seller's Agent in 2014
Sania Allen
BERKSHIRE HATHAWAY HOMESERVICE
(941) 266-7829
11 Total Sales
About This Building
Map
Source: Stellar MLS
MLS Number: A4579257
APN: 2027-05-5140
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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