$2,500,000
SOLD DEC 22, 2020
3 Beds
3.5 Baths
3,208 Sq Ft
$2,259/mo HOA Fee

Recently Sold

$779 Per Sq Ft

14% Below List Price

12 Days on Market

Highlights

  • Water Views
  • Fitness Center
  • Open Floorplan
  • Southside Elementary School Rated A
  • 0.68 Acre Lot
  • 2-minute walk to Five Points Park

About This Home

As of February 2024

Coastal colors come to life in this downtown gem! A once in a lifetime opportunity to own this exquisite 17th floor penthouse at 1350 Main Street and enjoy captivating Sarasota bay and city views from two private balconies. Situated in the heart of downtown Sarasota this is the pinnacle of locations designed for city living. Located on the corner of Palm Ave and Main, you can live the life you have always dreamed of! Walk to some of Sarasota’s finest dining establishments, exceptional shopping, galleries and the famous Marina Jack’s. This luxury condo was professionally designed with the finest appointments and can be purchased fully furnished. This coastal chic residence is illuminated by high end lighting and graced by gleaming travertine and hardwood floors that flow throughout the home. The elegant foyer welcomes guests to a split floor plan that opens to two grand living spaces, both with stunning views of sparkling waters and epic sunsets. The kitchen sits epicenter of this magnificent space which hosts the great room and casual dining area. Sunlight dances on the walls from floor to ceiling windows with remote control shades. A true masterpiece, the exceptional chef’s kitchen sits center stage and is accented with warm wood glazed cabinetry, granite countertops, stainless steel appliances with 8 burner gas cooktop, double oven, European stainless hood and abundance of cabinet space for form and functionality.The massive center island provides space for four, perfect for a casual bite or to serve your favorite culinary creations at your next gathering. Whether its an intimate soiree or a large event, this residence boasts two entertaining areas to choose from. Thoughtfully designed, the kitchen opens to the lavish living and dining room, well appointed with crown molding, hardwood floors and an vast wall of windows with sweeping panoramic views that simply take your breath away. Imagine enjoying fine meals in the dining room or memorable conversations in the living room all while serving your favorite libations from the custom bar with beverage center. Take your guests to the balcony where they can watch the boats coast along the bay or watch Sarasota ’s epic fireworks. In the evenings, retire to the grand master suite, a secluded space showcasing exceptional views from floor to ceiling windows and a private entrance to the balcony. Crown molding, plush carpet and a warm pallet of colors creates a tranquil ambiance for this spectacular owner's retreat. The elaborate master closet with custom shelving and center island dresser, organizes your favorite fashions. The opulent ensuite has his and her vanities, custom built linen cabinet, soaking tub and glass enclosed shower with fine porcelain tile. Family or guests will enjoy the privacy of the split floor plan with 2 additional bedrooms both appointed with their own ensuite. Each room is spacious and also enjoys stunning views and custom closets. As a resident you will enjoy the finest of amenities, resort style pool & spa with tropical landscaping, summer kitchen with grill to enjoy your favorite meals outdoors. A state of the art fitness facility equipped with cardio equipment enjoys pool views and has a steam room and bath facilities. Full concierge service, residents enjoy a media room, club room, conference rooms, business center, pool table, and guest suite. 2 secured parking spaces, and climate controlled storage are included in this luxury penthouse.

Last Agent to Sell the Property

Shari Norwick Pa

FINE PROPERTIES License #3098251 Listed on: 10/28/2020

FINE PROPERTIES

Last Buyer's Agent

Thomas Arbuckle

COLDWELL BANKER REALTY License #3253664

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,694

Year Built

  • Built in 2007

HOA Fees

  • $2,259 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking
  • Assigned Parking

Property Views

Home Design

  • Slab Foundation
  • Concrete Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,208 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Shades
  • Sliding Doors
  • Inside Utility

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Additional Features

  • Northwest Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, cable TV, community pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, manager, pool maintenance, recreational facilities, security, sewer, trash, water
  • Tiffany Cox Association
  • High-Rise Condominium
  • 1350 Main Residential Community
  • 1350 Main Residential Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • Rental Restrictions
  • 17-Story Property

Amenities

  • Elevator
  • Community Storage Space

Recreation

Pet Policy

  • Pets up to 101 lbs
  • 2 Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$28,694

Year Built

Built in 2007

Lot Details

0

HOA Fees

$2,259 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3208
  • Lot Size Acres: 0.68
  • New Construction: No
  • Year Built: 2007
  • Lot Size Sq Ft: 29566
  • Directions to Property: Corner of Main Street and Palm Avenue
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4481451?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4481451?w=Customer
  • Floor Number: 15+
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Property Description: High Rise
  • Ratio: Close Price\List Price: 0.90909
  • Price per Sq Ft: 779.3
  • Close to Original List Price Ratio: 0.86207
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Travertine, Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, High Ceiling(s), Open Floorplan, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 17
  • Window Features: Shades
  • Street Number Modifier: 1350
  • Room Count: 6
  • Additional Rooms: Inside Utility

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Concrete
  • Pool Private: No
  • View: City, Water
  • Waterfront: No
  • 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
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Cable Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Fitness, Pool, Sidewalk
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Maintenance, Pool, Security, Storage
  • Association Name: Tiffany Cox
  • Association: No
  • Security: Secured Garage/Parking
  • Senior Community: No
  • Condo Fees: 6776
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 2259
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 27104
  • Total Monthly Fees: 2258.67

Lot Info

  • Zoning: DTB
  • Parcel Number: 2027055140
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 101
  • Minimum Lease: 3 Months
  • Approval Process: application for approval
  • Pet Restrictions: 2 dogs - no size limit
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Condo docs

Tax Info

  • Tax Annual Amount: 28693.64
  • Tax Lot: 1704

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
$4,003,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$596,594
Avg. Annual Appreciation
-8.76%
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
10.97%
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
Source: Public Records

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Range of Values:

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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 $4,600,000 None Listed On Document
Warranty Deed $100 --
Warranty Deed -- Norton Ahmmersley Lopez & Skok
Warranty Deed $2,500,000 Attorney
Warranty Deed $1,700,000 Integrity Title Services Inc
Warranty Deed $1,775,000 Attorney
Special Warranty Deed $1,686,900 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 New Conventional
Previous Owner $2,000,000 New Conventional
Previous Owner $0 Commercial
Previous Owner $700,000 Credit Line Revolving
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

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 $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

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Map

Source: Stellar MLS

MLS Number: A4481451

Stellar MLS

APN: 2027-05-5140