NOT LISTED FOR SALE

Sarabande 340 S Palm Ave Unit 212 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $2,829,000 - $3,395,000

3 Beds
3.5 Baths
3,911 Sq Ft
$2,105/mo HOA Fee

Last Sold December 21, 2012

Last sale price $1,683,000 $430 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $19,850/month

362 Days on Market

Highlights

  • 350 Feet of Waterfront
  • White Water Ocean Views
  • Heated Pool
  • Southside Elementary School Rated A
  • Fitness Center
  • 1-minute walk to Bayfront Park Sarasota

About This Home

As of December 2012

Bay Front elegance and sophistication. This gracious and open fifth-level Sarabande residence explodes with class and attention to detail. The views of the bay, the Pass, sunsets and the John Ringling Bridge are dramatic and expansive. The generous kitchen opens to the formal dining area and boasts custom Neff cabinetry with top grade appliances, massive preparation space, convenient bar and clever center island. The floors are travertine marble and are enjoyed throughout the residence with the exception of the two carpeted bedrooms. The third bedroom has been designed as a his and her office/den with elaborate built-ins and creative entertainment center, and can be altered back to a bedroom if desired. The luxurious master suite is spacious and comfortable as is the his and her master bath. Two enormous walk-in closets with dressing area are also within the suite. There are also two ample storage closets as well as a large laundry room. Two under building parking spaces are also included. From Sarabande it is just a quick stroll to restaurants, shopping, banking, galleries, Opera House and theatre district. Sarabande offers a full-time concierge, building security, pool, recreation facilities, guest suites and meeting rooms.

Last Agent to Sell the Property

Cheryl Loeffler, PA

License #0533042 Listed on: 11/08/2011

Last Buyer's Agent

Lynn Robbins

License #0113366

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,268

Year Built

  • Built in 1998

Lot Details

  • 350 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • End Unit

HOA Fees

  • $2,105 Monthly HOA Fees

Parking

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

Property Views

  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • 3,911 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • High Ceiling
  • Blinds
  • Great Room
  • Formal Dining Room
  • Storage Room
  • Inside Utility
  • Security System Owned

Kitchen

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

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Schools

  • Southside Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Heated Pool
  • Property is near public transit

Listing and Financial Details

  • Homestead Exemption
  • Tax Lot 212
  • Assessor Parcel Number 2027114007

Community Details

Overview

  • Association fees include cable TV, insurance, maintenance structure, ground maintenance, manager, pest control, recreational facilities, security, sewer, trash, water
  • Sarabande Community
  • Sarabande Subdivision
  • 12-Story Property

Amenities

  • Community Storage Space
  • Elevator

Recreation

Pet Policy

  • Pets Allowed
  • 2 Pets Allowed

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,268

Year Built

Built in 1998

Lot Details

0

HOA Fees

$2,105 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 3911
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 4297
  • Directions to Property: Ringling to South on Palm to Sarabande on west
  • Status: Sold
  • Street Direction: S
  • Floor Number: 15+
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: No
  • Subdivision Num: 8156
  • Property Description: End Unit
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.84192
  • Price per Sq Ft: 430.32
  • Close to Original List Price Ratio: 0.84192
  • Ratio: Current Price\Building Area Total: 391.67
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Eating Space In Kitchen, Elevator, High Ceiling(s), Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 12
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 340
  • Room Count: 10
  • Additional Rooms: Formal Dining Room Separate, Great Room, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Heated
  • Roof: Other
  • Pool Private: Yes
  • View: Park, Pool, Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Water View: Bay/Harbor - Full, Gulf/Ocean - Partial
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Waterfront Frontage: 350

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Garage Door Opener, Secured, Underground
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Public, Street Lights
  • Cooling: Central Air, Zoned
  • Heating: Central, Zoned
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fitness, Pool, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Security, Storage
  • Association Fee: 6315
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Secured Garage/Parking, Security System Owned, Smoke Detector(s)
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 25260
  • Total Monthly Fees: 2105

Schools

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

Lot Info

  • Zoning: DTB
  • Parcel Number: 2027114007
  • Additional Parcels: No
  • Lot Features: Near Public Transit
  • Millage Rate: 16.75
  • Future Land Use: 0405
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 3 Months
  • Num Timesper Year: 2
  • Expected Lease Date: 2012-12-21T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 17268
  • Tax Book Number: 0032/0032
  • Tax Lot: 212

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2011
Closed on
Dec 20, 2012
Sold by
Weidner Jean M and Goldstein Alfred R
Bought by
Termin Leon and Termin Judith Ann
Seller's Agent
Cheryl Loeffler, PA
Buyer's Agent
Lynn Robbins
List Price
$1,999,000
Sold Price
$1,683,000
Premium/Discount to List
-$316,000
-15.81%
Total Days on Market
362
Current Estimated Value
$3,141,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,458,811
Avg. Annual Appreciation
5.14%
Source: Public Records

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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
Termin Leon $1,683,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weidner Jean M $100,000
Previous Owner Weidner Kennth $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2012 12/21/12 Sold $1,683,000 -15.8% $430 / Sq Ft
11/05/2012 11/05/12 Pending -- -- --
11/08/2011 11/08/11 For Sale $1,999,000 -- $511 / 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 $12,857 $892,297 -- --
2023 $12,857 $866,308 $0 $0
2022 $12,483 $841,076 $0 $0
2021 $12,586 $816,579 $0 $0
2020 $12,724 $805,305 $0 $0
2019 $12,399 $787,199 $0 $0
2018 $12,200 $772,521 $0 $0
2017 $12,061 $756,632 $0 $0
2016 $12,089 $1,787,500 $0 $1,787,500
2015 $12,268 $1,572,500 $0 $1,572,500
2014 $12,257 $719,289 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Cheryl Loeffler, PA

  • L

    Buyer's Agent in 2012

    Lynn Robbins

See All Agents

About Sarabande

Map

Source: Stellar MLS

MLS Number: A3951387

Stellar MLS

APN: 2027-11-4007

Florida Sarasota County Sarasota 34236 Downtown Sarasota

340 S Palm Ave Unit 212, Sarasota, FL

This home is located at 340 S Palm Ave Unit 212, Sarasota, FL 34236 since 08 November 2011 and is currently estimated at $3,141,811, approximately $803 per square foot. This property was built in 1998. 340 S Palm Ave Unit 212 is a home located in Sarasota County with nearby schools including Southside Elementary School, Booker Middle School, and Sarasota 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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