NOT LISTED FOR SALE

420 Golden Gate Point Unit 400B Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $3,641,000 - $4,536,000

3 Beds
3.5 Baths
3,790 Sq Ft
$2,974/mo HOA Fee

Last Sold June 08, 2021

Last sale price $3,100,000 $818 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $29,365/month

17 Days on Market

Highlights

  • 221 Feet of Waterfront
  • White Water Ocean Views
  • Boat Lift
  • Southside Elementary School Rated A
  • Boat Dock
  • Access to Bay or Harbor

About This Home

As of June 2021

Taking back-ups! Your new home in the sun, The Grande Riviera, is an exclusive, gated and very private enclave of 13 luxury condominium residences located directly on Sarasota Bay at the southernmost tip of downtown’s Golden Gate Point. First class all the way around, this extraordinarily eye-catching, old world Mediterranean design building offers its residents spectacular, unmatched panoramic water views of the Bay and nearby Gulf of Mexico, an infinity edge pool and spa, a full-time onsite building manager/concierge and a private 2 car garage with storage.
Your new home in paradise features a private 4th floor entry foyer decorated in a modern art style that leads into the spacious, tastefully designed living area. Volume ceilings throughout, high end appliances by Wolf and Sub Zero, luxurious Travertine tile, engineered hardwood flooring, a universal sound and speaker system and the contemporary-living floor plan all add to the elegant ambiance. And, the Bay and Gulf view from the covered, spacious wraparound terrace will leave you breathless and provide you with endless hours of relaxation. The waterside infinity pool, spa and private boat dock complete the experience of luxury Florida living. The Grand Riviera is located mere moments from the vibrant, exciting downtown Sarasota area, which features a wide variety of excellent restaurants, numerous cultural opportunities and shopping.

Last Agent to Sell the Property

Howard Kleinfeld

CHARLES RUTENBERG REALTY INC License #3323550 Listed on: 03/22/2021

CHARLES RUTENBERG REALTY INC

Last Buyer's Agent

Doug Parks

MICHAEL SAUNDERS & COMPANY License #3105565

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $36,281

Year Built

  • Built in 2005

Lot Details

  • 221 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • End Unit
  • North Facing Home

HOA Fees

  • $2,974 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • White Water Ocean
  • Marina
  • City

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,790 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Bonus Room
  • Inside Utility
  • Laundry Room

Kitchen

  • Built-In Convection Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Engineered Wood
  • Travertine

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Home Security

Pool

  • Heated Infinity Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool

Outdoor Features

  • Access to Bay or Harbor
  • Seawall
  • Boat Lift
  • Open Dock
  • Balcony
  • Wrap Around Porch

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, insurance, maintenance structure, ground maintenance, manager, security, sewer, trash, water
  • Lighthouse Management Association, Phone Number (941) 460-5560
  • High-Rise Condominium
  • Grande Riviera Community
  • The Grande Riviera Subdivision
  • On-Site Maintenance
  • Rental Restrictions
  • 8-Story Property

Recreation

  • Boat Dock
  • Community Pool
  • Community Spa

Pet Policy

  • 2 Pets Allowed
  • Large pets allowed

Security

  • Security Service
  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$36,281

Year Built

Built in 2005

Lot Details

0

HOA Fees

$2,974 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 3790
  • Lot Size Acres: 0.72
  • New Construction: No
  • Year Built: 2005
  • Lot Size Sq Ft: 31161
  • Directions to Property: US 41 to Gulfstream Ave. left at Golden Gate Point and south to Grand Rivera. Look for the gold dome
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8116792?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8116792?w=Customer
  • Floor Number: 4
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Property Description: End Unit, High Rise
  • Ratio: Close Price\List Price: 0.93939
  • Price per Sq Ft: 817.94
  • Close to Original List Price Ratio: 0.93939
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room
  • Living Area Units: Square Feet
  • Flooring: Engineered Hardwood, Travertine
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Elevator, High Ceiling(s), Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Wet Bar
  • Appliances Included: Built-In Oven, Convection Oven, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 8
  • Street Number Modifier: 420
  • Room Count: 11
  • Additional Rooms: Bonus Room, Inside Utility

Exterior Features

  • Direction Faces: North
  • Pool Features: Gunite, Heated, In Ground, Infinity
  • Exterior Features: Balcony
  • Roof: Tile
  • Pool Private: No
  • View: City, Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Wrap Around
  • Water View: Bay/Harbor - Full, Gulf/Ocean to Bay, Marina
  • Water Access: Bay/Harbor
  • Water Extras: Dock - Open, Lift, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 221
  • Additional Water Information: Private dock with boat lifts. Slips are separately deeded when available. Boat slip not included in this listing
  • Water Frontage Feet Bay Harbor: 221
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated Community, Pool
  • Association Amenities: Cable TV, Boat Dock, Elevator(s), Gated, Lobby Key Required, Maintenance, Pool, Security, Spa/Hot Tub
  • Association Fee: 8920.66
  • Association Fee Frequency: Quarterly
  • Association Name: Lighthouse Management
  • Phone: (941) 460-5560
  • Association: Yes
  • Security: Fire Sprinkler System, Gated Community, Key Card Entry, Smoke Detector(s)
  • Senior Community: No
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 35682.64
  • Monthly HOA Fee: 2973.55
  • Total Monthly Fees: 2973.55

Schools

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

Lot Info

  • Zoning: RMF5
  • Parcel Number: 2010164006
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Flood Zone Code: AE/VE

Rental Info

  • Pets Allowed: Number Limit
  • Pet Size: Large (61-100 Lbs.)
  • Minimum Lease: 1-2 Years
  • Approval Process: per association guidelines
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Year leases only as per Association Guidelines.

Tax Info

  • Tax Annual Amount: 36280.9
  • Tax Lot: 420

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Jun 8, 2021
Sold by
Meistrich Stuart H and Meistrich Jill M
Bought by
Post Michael H
Seller's Agent
Howard Kleinfeld
CHARLES RUTENBERG REALTY INC
Buyer's Agent
Doug Parks
MICHAEL SAUNDERS & COMPANY
List Price
$3,300,000
Sold Price
$3,100,000
Premium/Discount to List
-$200,000
-6.06%
Current Estimated Value
$4,233,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,133,336
Avg. Annual Appreciation
7.41%
Original Mortgage
$1,500,000
Outstanding Balance
$1,358,063
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,875,273

Purchase Details

Closed on
Feb 1, 2016
Sold by
Meistrich Stuart H and Meistrich Jill M
Bought by
2016 Stuart H Meistrich Irrevocable Trus and Meistrich Jill M

Purchase Details

Closed on
Nov 24, 2015
Sold by
Dinges Dan O
Bought by
Meistrich Stuart H

Purchase Details

Closed on
Oct 8, 2014
Sold by
Dinges Kerry E
Bought by
Dinges Dan O

Purchase Details

Closed on
Dec 12, 2005
Sold by
Grande Riviera Development Llc
Bought by
Dinges Dan O and Dinges Kerry E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,076,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Sold Price
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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
Post Michael H $3,100,000 Attorney
2016 Stuart H Meistrich Irrevocable Trus -- Attorney
Meistrich Stuart H -- Attorney
Meistrich Stuart H $2,520,000 Attorney
Dinges Dan O -- None Available
Dinges Dan O $2,595,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Post Michael H $1,500,000
Previous Owner Dinges Dan O $2,076,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2021 06/08/21 Sold $3,100,000 -6.1% $818 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
03/20/2021 03/20/21 For Sale $3,300,000 -- $871 / 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 $47,357 $3,030,365 -- --
2023 $47,357 $2,942,102 $0 $0
2022 $46,507 $2,856,410 $0 $0
2021 $35,920 $2,111,148 $0 $0
2020 $36,281 $2,082,000 $0 $2,082,000
2019 $41,625 $2,389,929 $0 $0
2018 $40,759 $2,345,367 $0 $0
2017 $40,042 $2,297,127 $0 $0
2016 $39,941 $2,304,200 $0 $2,304,200
2015 $37,907 $2,063,800 $0 $2,063,800
2014 $34,151 $1,638,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8116792

Stellar MLS

APN: 2010-16-4006