NOT LISTED FOR SALE

420 Golden Gate Point Unit 500A Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $3,224,211 - $3,702,000

2 Beds
2.5 Baths
2,650 Sq Ft
$2,473/mo HOA Fee

Last Sold March 05, 2020

Last sale price $2,300,000 $868 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $23,628/month

127 Days on Market

Highlights

  • 300 Feet of Waterfront
  • White Water Ocean Views
  • Boat Slip Deeded
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean To Bay
  • Boat Lift

About This Home

As of March 2020

Grande Riviera … The Crown Jewel of Golden Gate Point. A unique private enclave of just 13 luxurious residences on the tip of Golden Gate Point offers panoramic views and deep water boating. This stunning building has an infinity edge pool and spa on the bay, a full time onsite building manager and a private 2 car garage for each residence. This spacious 2 bedroom plus den with 2.5 baths residence on the 5th floor has a balcony perfect for entertaining or relaxing. The office/den has beautiful custom built in desk, book shelves and cabinets. The floorplan allows for privacy for the owner's suite as well as the guest room. A boat dock with lift is included in the list price with Buyer paying 6% sales tax based on $50,000. transfer value and attorney fees for transfer. An ideal location centered between Sarasota's vibrant cultural Downtown and the recreational lifestyle of St. Armand's and Lido. Enjoy all the amenities that Sarasota has to offer from this convenient location just minutes from gourmet markets, salons, shopping, fine dining, cultural events and entertainment.

Last Agent to Sell the Property

Sylvia Zimmerman

License #0696093 Listed on: 09/06/2019

Co-Listed By

George Zimmerman

License #3162952

Last Buyer's Agent

Sandy Whitehead

ALLEN REAL ESTATE SERVICES INC License #0324715

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,946

Year Built

  • Built in 2005

Lot Details

  • 300 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • End Unit
  • Street terminates at a dead end
  • North Facing Home
  • Landscaped with Trees

HOA Fees

  • $2,473 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Property Views

  • White Water Ocean
  • Marina
  • Partial Bay or Harbor
  • City
  • Park or Greenbelt
  • Pool

Home Design

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

Interior Spaces

  • 2,650 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Shades
  • Blinds
  • L-Shaped Dining Room
  • Home Security System

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Water access To Gulf or Ocean To Bay
  • Seawall
  • Boat Lift
  • Boat Slip Deeded
  • Balcony
  • Covered Patio or Porch
  • Outdoor Grill

Location

  • City Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, internet, maintenance structure, ground maintenance, manager, pool maintenance, security
  • Lighthouse Prop Mgmt Association, Phone Number (941) 460-5560
  • High-Rise Condominium
  • Grande Riviera Community
  • The Grande Riviera Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 9-Story Property

Recreation

  • Community Pool

Pet Policy

  • Pets up to 100 lbs
  • 2 Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,946

Year Built

Built in 2005

Lot Details

0

HOA Fees

$2,473 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Security
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2650
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 3126
  • Directions to Property: US 41 to Gulfstream Ave. left at Golden Gate Point to Grand Rivera.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4445482?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4445482?w=Customer
  • Floor Number: 5
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Property Description: Corner Unit, High Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.92184
  • Price per Sq Ft: 867.92
  • Close to Original List Price Ratio: 0.92184
  • Ratio: Current Price\Building Area Total: 735.76
  • View: Yes
  • Co List Office Mls Id: 281502004
  • Co List Office Phone: 941-383-7591
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Electric
  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble, Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Elevator, High Ceiling(s), L Dining, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 9
  • Window Features: Blinds, Shades, Window Treatments
  • Street Number Modifier: 420
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Pool Features: In Ground
  • Exterior Features: Balcony, Outdoor Grill
  • Roof: Tile
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • View: City, Park, Pool, Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered
  • Water View: Bay/Harbor - Full, Gulf/Ocean - Partial, Marina
  • Water Access: Bay/Harbor, Gulf/Ocean to Bay
  • Water Extras: Dock - Slip Deeded On-Site, Dock w/Electric, Lift, Seawall - Other
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0133F
  • Waterfront Frontage: 300
  • Water Frontage Feet Bay Harbor: 300
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Pool, Water Access
  • Association Amenities: Elevator(s), Pool, Security
  • Association Name: Lighthouse Prop Mgmt
  • Phone: 941-460-5560
  • Association: Yes
  • Security: Gated Community, Security System, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 7419
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 2473
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 29676
  • Total Monthly Fees: 2473

Schools

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

Lot Info

  • Zoning: RMF5
  • Parcel Number: 2010164007
  • Additional Parcels: No
  • Lot Features: City Lot
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Large (61-100 Lbs.)
  • Max Pet Weight: 100
  • Minimum Lease: 1-2 Years
  • Approval Process: Application
  • Num Timesper Year: 1
  • Pet Restrictions: as per Association Guidelines.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Year leases only as per Association Guidelines.

Tax Info

  • Tax Annual Amount: 22946
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2019
Closed on
Mar 3, 2020
Sold by
Holdbrooks Clinton O and Holdbrooks Sonya R
Bought by
Watson Steven L and Henry Mary C
Seller's Agent
Sylvia Zimmerman
Buyer's Agent
Sandy Whitehead
ALLEN REAL ESTATE SERVICES INC
List Price
$2,495,000
Sold Price
$2,300,000
Premium/Discount to List
-$195,000
-7.82%
Current Estimated Value
$3,417,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,117,803
Avg. Annual Appreciation
7.32%

Purchase Details

Closed on
Aug 9, 2005
Sold by
Grande Riviera Development Llc
Bought by
Holdbrooks Clinton O and Holdbrooks Sonya R
Source: Public Records

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
Watson Steven L $2,300,000 Attorney
Holdbrooks Clinton O $1,795,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2020 03/05/20 Sold $2,300,000 -7.8% $868 / Sq Ft
01/11/2020 01/11/20 Pending -- -- --
09/06/2019 09/06/19 For Sale $2,495,000 -- $942 / 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 $36,424 $2,342,014 -- --
2023 $36,424 $2,273,800 $0 $2,273,800
2022 $34,442 $2,107,800 $0 $2,107,800
2021 $32,568 $1,883,500 $0 $1,883,500
2020 $23,512 $1,361,218 $0 $0
2019 $22,947 $1,330,614 $0 $0
2018 $22,465 $1,305,804 $0 $0
2017 $22,067 $1,278,946 $0 $0
2016 $22,012 $1,732,100 $0 $1,732,100
2015 $22,855 $1,551,700 $0 $1,551,700
2014 $22,921 $1,215,824 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4445482

Stellar MLS

APN: 2010-16-4007