NOT LISTED FOR SALE

Sarabande 340 S Palm Ave Unit 32 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $1,294,000 - $2,305,000

2 Beds
2 Baths
1,836 Sq Ft
$1,036/mo HOA Fee

Last Sold May 07, 2014

Last sale price $887,500 $483 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $11,025/month

115 Days on Market

Highlights

  • Heated Indoor Pool
  • Custom Home
  • Property is near public transit
  • Southside Elementary School Rated A
  • Deck
  • 1-minute walk to Bayfront Park Sarasota

About This Home

As of May 2014

This beautiful bay view two bedroom, two bath condo with a den, is situated on the third living level (which is the 6th floor) of one of the most sought-after addresses in downtown Sarasota. With views of the Sarasota Bay, Golden Gate Point and City Park from every window you'll enjoy the casual atmosphere of the open floor plan with West facing veranda. Within walking distance of downtown, restaurants, shopping, theaters and Island Park, Sarabande is filled with amenities sure to enhance any lifestyle. In addition to the heated lap pool, and Jacuzzi you will also enjoy the club room, library, game room, steam, massage and exercise rooms, showers and gym. And let's not forget the wine cellar. Gas grills are also available for your entertaining essentials. This is a pet friendly condo.

Last Agent to Sell the Property

Tom Wentzel

FINE PROPERTIES License #3205205 Listed on: 12/13/2013

FINE PROPERTIES

Last Buyer's Agent

Linda Moore

EXP REALTY LLC License #3093425

EXP REALTY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,965

Year Built

  • Built in 1998

Lot Details

  • 0.25

HOA Fees

  • $1,036 Monthly HOA Fees

Home Design

  • Custom Home
  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,836 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Storage Room
  • Inside Utility

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

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

Pool

  • Heated Indoor Pool
  • Saltwater Pool

Outdoor Features

  • Deck
  • Covered patio or porch
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Zero Lot Line
  • Property is near public transit

Listing and Financial Details

  • Homestead Exemption
  • Tax Lot 32
  • Assessor Parcel Number 2027114010

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, recreational facilities, sewer, trash, water
  • High-Rise Condominium
  • Sarabande Community
  • Sarabande Subdivision
  • 15-Story Property

Recreation

Pet Policy

  • 2 Pets Allowed
  • Small pets allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,965

Year Built

Built in 1998

Lot Details

0

HOA Fees

$1,036 per month

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1836
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 2074
  • Directions to Property: US 41 (Mound) to North on Palm Avenue (by Selby Gardens). Sarabande on west side of Palm just before Ringling.
  • Status: Sold
  • Street Direction: S
  • Floor Number: 3
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 8156
  • Property Description: High Rise
  • Ratio: Close Price\List Price: 0.98611
  • Price per Sq Ft: 483.39
  • Close to Original List Price Ratio: 0.95946
  • Ratio: Current Price\Building Area Total: 427.92
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 15
  • Street Number Modifier: 340
  • Room Count: 5
  • Additional Rooms: Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Storage
  • Pool Features: Heated, Indoor, Salt Water
  • Exterior Features: Balcony, Sliding Doors, Storage
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Parking Features: Assigned, Garage Door Opener, Secured, Underground
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 3107.05
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Fire Sprinkler System, Secured Garage/Parking, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 12428.2
  • Monthly HOA Fee: 1035.68
  • Total Monthly Fees: 1035.68

Lot Info

  • Zoning: DTB
  • Parcel Number: 2027114010
  • Additional Parcels: No
  • Lot Features: Near Public Transit, Zero Lot Line
  • Millage Rate: 16.74
  • Future Land Use: 0405
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Expected Lease Date: 2014-05-07T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 7965
  • Tax Book Number: 0032/0032
  • Tax Lot: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2013
Closed on
May 7, 2014
Sold by
Taylor William C and Taylor Audreym
Bought by
Schillinger George and Schillinger Zahava
Seller's Agent
Tom Wentzel
FINE PROPERTIES
Buyer's Agent
Linda Moore
EXP REALTY LLC
List Price
$925,000
Sold Price
$887,500
Premium/Discount to List
-$37,500
-4.05%
Total Days on Market
115
Current Estimated Value
$1,718,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$830,581
Avg. Annual Appreciation
6.09%

Purchase Details

Closed on
Dec 15, 2010
Sold by
Taylor Audrey M
Bought by
Taylor Audrey M and Taylor William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
4.58%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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 Buyer Sale Price Title Company
Schillinger George $887,500 Integrity Title Services Inc
Taylor Audrey M $60,481 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taylor Audrey M $938,250
Previous Owner Deweese Audrey M $216,504
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2014 05/07/14 Sold $887,500 -1.4% $483 / Sq Ft
04/07/2014 04/07/14 Pending -- -- --
03/18/2014 03/18/14 Price Changed $900,000 -2.7% $490 / Sq Ft
12/12/2013 12/12/13 For Sale $925,000 -- $504 / 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 $10,451 $747,071 -- --
2023 $10,451 $725,312 $0 $0
2022 $10,177 $704,186 $0 $0
2021 $10,263 $683,676 $0 $0
2020 $10,381 $674,237 $0 $0
2019 $10,112 $659,078 $0 $0
2018 $9,947 $646,789 $0 $0
2017 $9,831 $633,486 $0 $0
2016 $9,821 $898,600 $0 $898,600
2015 $9,969 $790,500 $0 $790,500
2014 $7,983 $486,885 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Tom Wentzel

    FINE PROPERTIES

    (941) 306-8258

    2 in this area

    30 Total Sales

    Tom Wentzel
    Section Image
  • Linda Moore

    Buyer's Agent in 2014

    Linda Moore

    EXP REALTY LLC

    (941) 737-3581

    54 Total Sales

    Linda Moore
    Section Image
See All Agents

About Sarabande

Map

Source: Stellar MLS

MLS Number: A3989323

Stellar MLS

APN: 2027-11-4010

Florida Sarasota County Sarasota 34236 Downtown Sarasota

340 S Palm Ave Unit 32, Sarasota, FL

This home is located at 340 S Palm Ave Unit 32, Sarasota, FL 34236 since 13 December 2013 and is currently estimated at $1,718,081, approximately $935 per square foot. This property was built in 1998. 340 S Palm Ave Unit 32 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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