$1,700,000
SOLD APR 22, 2014
3 Beds
3.5 Baths
3,208 Sq Ft
$1,974/mo HOA Fee

Recently Sold

$530 Per Sq Ft

6% Below List Price

359 Days on Market

Highlights

  • Marina View
  • Property fronts gulf or ocean
  • Penthouse
  • Southside Elementary School Rated A
  • Fitness Center
  • 2-minute walk to Five Points Park

About This Home

As of February 2024

WOW #1 PH View! Spectacular unobstructed Gulf and Bay view including views of the Marina and Ringling Bridge. Building has 24hr. concierge with building security. This corner unit sits in the heart of downtown in walking distance to the Marina, restaurants and shopping. The sliding glass doors leads to a wrap around open terrace with views from every room. This truly has incredible ambiance feel! Unit offers custom designer kitchen with wood cabinets, granite counters tops and a dry bar for entertaining. Flooring has natural stone travertine, wood & carpet. Bathroom has marble tiles throughout. Designer chandelier and light fixtures. Floor to ceiling windows have motorized blinds and custom drapery. A $10,000 custom built wall unit for Plasma Tv and surround sound. The entire unit is wired for audio/video into a single central control panel. A MUST SEE!

Last Agent to Sell the Property

Sania Allen

BERKSHIRE HATHAWAY HOMESERVICE License #3038168 Listed on: 04/02/2013

BERKSHIRE HATHAWAY HOMESERVICE

Last Buyer's Agent

Shari Norwick Pa

FINE PROPERTIES License #3098251

FINE PROPERTIES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,770

Year Built

  • Built in 2007

Lot Details

  • Property fronts gulf or ocean
  • Property fronts an intracoastal waterway
  • Property fronts a private road
  • End Unit
  • Southwest Facing Home

HOA Fees

  • $1,974 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Open Parking
  • Assigned Parking

Property Views

Home Design

  • Penthouse
  • Contemporary Architecture
  • Elevated Home
  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,208 Sq Ft Home
  • Open Floorplan
  • Dry Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Rods
  • Entrance Foyer
  • Family Room Off Kitchen
  • Formal Dining Room
  • Storage Room
  • Inside Utility
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Saltwater Pool
  • Deck
  • Patio
  • Porch

Location

  • City Lot

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1704
  • Assessor Parcel Number 2027055140

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, manager, recreational facilities, security, trash
  • High-Rise Condominium
  • 1350 Main Residential Community
  • 1350 Main Residential Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • 17-Story Property

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Recreation Facilities

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,770

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,974 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Recreational Facilities, Security, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary, Elevated
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3208
  • New Construction: No
  • Year Built: 2007
  • Building Area Total: 3488
  • Directions to Property: MAIN ST. CORNER OF PALM AVE.
  • Status: Sold
  • Floor Number: 15+
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: No
  • Subdivision Num: 8478
  • Property Description: Corner Unit, Elevated, End Unit, High Rise, Penthouse
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.94444
  • Price per Sq Ft: 529.93
  • Close to Original List Price Ratio: 0.75556
  • Ratio: Current Price\Building Area Total: 487.39
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Dry Bar, Eating Space In Kitchen, Elevator, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s)
  • Appliances Included: Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Microwave Hood, Range Hood, Refrigerator, Trash Compactor, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 17
  • Window Features: Blinds, Rods, Thermal Windows
  • Street Number Modifier: 1350
  • Room Count: 9
  • Additional Rooms: Formal Dining Room Separate, Formal Living Room Separate, Foyer, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Heated, Salt Water
  • Exterior Features: Balcony
  • Roof: Other
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View: Gulf/Ocean - Full, Intracoastal Waterway, Marina
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, Other, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage Door Opener, Secured
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Gas, Public
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Propane, Zoned
  • 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, Deed Restrictions, Fitness, Pool
  • Association Amenities: Elevator(s), Fitness Center, Maintenance, Recreation Facilities, Security, Storage
  • Association Fee: 5921
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Secured Garage/Parking, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 23684
  • Monthly HOA Fee: 1973.67
  • Total Monthly Fees: 1973.67

Schools

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

Lot Info

  • Parcel Number: 2027055140
  • Additional Parcels: No
  • Lot Features: City Lot, In County
  • Millage Rate: 16.74
  • Future Land Use: 0405
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 8-12 Months
  • Expected Lease Date: 2014-04-22T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 18770
  • Tax Lot: 1704

Multi Family

  • Waterfront Features: Gulf/Ocean, Intracoastal Waterway, Marina

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
-8.71%
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

Similar Homes in Sarasota, FL

  • 111 S Pineapple Ave Unit 804, Sarasota, FL 34236

    $1,385,000

    • 2 Beds
    • 2.5 Baths
    • 1,604 Sq Ft
    • 111 S Pineapple Ave
    • Unit 804
    • Sarasota, FL

    Lowest priced unit that offers 2 deeded parking spaces. Looking for luxurious urban living in a vibrant coastal city with space for 2 vehicles? This is your place! Positioned in the heart of downtown Sarasota, this residence at The Mark offers refined living with convenient access to everything people love about this city. Each day you’ll be reminded of your ideal location as you sit on your

    Christopher Bush PREMIER SOTHEBY'S INTERNATIONAL REALTY

    Section Image
  • 800 N Tamiami Trail Unit 1217, Sarasota, FL 34236

    $1,350,000

    • 2 Beds
    • 2.5 Baths
    • 1,830 Sq Ft
    • 800 N Tamiami Trail
    • Unit 1217
    • Sarasota, FL

    This extraordinary 12th-floor corner unit in the South Tower at Alinari offers panoramic bay and city views from every angle, making it an unrivaled gem in Sarasota's downtown bayfront. With a spacious layout featuring wrap-around balconies accessible from the main bedroom and living room, plus a third balcony off the guest bedroom, this condominium home feels like an extension of the beautiful

    Roberta Tengerdy, PA PREMIER SOTHEBY'S INTERNATIONAL REALTY

    Section Image
  • 1750 Benjamin Franklin Dr Unit 6B, Sarasota, FL 34236

    $1,650,000

    • 2 Beds
    • 2 Baths
    • 1,364 Sq Ft
    • 1750 Benjamin Franklin Dr
    • Unit 6B
    • Sarasota, FL

    Best Gulf Views – Like Having Your Own Beach! Located directly on the sands of Lido Key, this beautifully updated and fully furnished Gulf-front residence offers an exceptional blend of timeless style and effortless beachside living. With sweeping panoramic, 180-degree views from Siesta Key to Longboat Key and vibrant sunsets from your private balcony, this sixth-floor sanctuary captures the very

    Rachel Tritschler RE/MAX ALLIANCE GROUP

    Section Image
  • 5830 Midnight Pass Rd Unit 502, Sarasota, FL 34242

    $1,500,000

    • 2 Beds
    • 2 Baths
    • 1,285 Sq Ft
    • 5830 Midnight Pass Rd
    • Unit 502
    • Sarasota, FL

    BRAND NEW A/C The Beach, Elevated this updated 5th floor high above the Gulf a Golden opportunity to own directly on Siesta Key Beach. Rarely available perfectly situated direct beach front with a weekly rental program managed on site 52 weeks a year. Endless BEACH VIEWs in the wrap around deck specific to this unit on the 5th floor you will be well protected from high tides. NEW HURRICANE

    Marianne LeBar ROSEBAY INTERNATIONAL REALTY, INC

    Section Image
  • 9122 Midnight Pass Rd Unit 24, Sarasota, FL 34242

    $1,499,000

    • 3 Beds
    • 3 Baths
    • 2,558 Sq Ft
    • 9122 Midnight Pass Rd
    • Unit 24
    • Sarasota, FL

    In one of Siesta Key's most desirable buildings, Somerset Cay offers a very unique chance to own an opulent three-bedroom, three-bathroom waterfront home. The comforts of a condominium lifestyle are combined with the seclusion of single-family living in this property. With a private gate leading down to the pool and dock, residents may enjoy colorful sunsets from the expansive 900 square foot,

    Suzy Kolaz KELLER WILLIAMS ON THE WATER S

    Section Image
  • 1350 Main St Unit 1703, Sarasota, FL 34236

    $1,595,000

    • 2 Beds
    • 2.5 Baths
    • 2,232 Sq Ft
    • 1350 Main St
    • Unit 1703
    • Sarasota, FL

    One or more photo(s) has been virtually staged. Enjoy sophisticated urban living in the heart of downtown Sarasota at 1350 Main. Step into a refined blend of style and comfort in this stunning 2-bedroom, 2.5-bath condominium located in the vibrant cultural and culinary district of Downtown Sarasota. This sleek residence combines modern design with luxurious comfort, offering an open-concept

    Kim Ogilvie MICHAEL SAUNDERS & COMPANY

    Section Image
  • 33 S Palm Ave Unit 1303, Sarasota, FL 34236

    $1,599,000

    • 2 Beds
    • 2 Baths
    • 1,122 Sq Ft
    • 33 S Palm Ave
    • Unit 1303
    • Sarasota, FL

    Luxurious Urban Living at Demarcay Residences in Downtown SarasotaExperience the pinnacle of contemporary elegance with this 2-bedroom, 2-bathroom residence at the prestigious Demarcay Residences in the heart of downtown Sarasota. This exquisite home is thoughtfully designed to balance sophistication with comfort, offering an unparalleled lifestyle surrounded by the vibrant cultural and culinary

    Olga Smith IMPERIAL PROPERTY GROUP LLC

    Section Image
  • 33 S Palm Ave Unit 1103, Sarasota, FL 34236

    $1,495,000

    • 2 Beds
    • 2 Baths
    • 1,562 Sq Ft
    • 33 S Palm Ave
    • Unit 1103
    • Sarasota, FL

    Price Improvement !!!Best price per square foot in the building. Ready for immediate occupancy, Never-Lived in 2 bedroom 2 full bath residence at the Demarcay in Downtown Sarasota. The unit features partial water views and sweeping views of the downtown skyline. Discover the pinnacle of Downtown luxury living in this exquisite 11th floor open concept unit on esteemed Palm Avenue, known for its

    Scott Curtin CHARLES RUTENBERG REALTY INC

    Section Image
  • 33 S Palm Ave Unit 1602, Sarasota, FL 34236

    $1,599,000

    • 2 Beds
    • 2 Baths
    • 1,562 Sq Ft
    • 33 S Palm Ave
    • Unit 1602
    • Sarasota, FL

    **Discover elevated urban living in this stunning 2-bedroom, 2-bath residence at The DeMarcay—**downtown Sarasota’s newest luxury address, completed in 2024. Thoughtfully designed and impeccably upgraded, this brand-new condo offers over $100,000 in enhancements, including a custom-fitted primary closet and walk-in pantry, top-of-the-line electronic window coverings, and a temperature-controlled

    Kelly Mooney DOUGLAS ELLIMAN

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A3975979

Stellar MLS

APN: 2027-05-5140