NOT LISTED FOR SALE

Estimated Value: $3,044,000 - $3,932,000

2 Beds
3.5 Baths
2,820 Sq Ft
$299/mo HOA Fee

Last Sold November 27, 2018

Last sale price $2,400,000 $851 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $21,259/month

28 Days on Market

Highlights

  • 500 Feet of Waterfront
  • White Water Ocean Views
  • Private Beach
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean
  • Fitness Center

About This Home

As of November 2018

Life in paradise starts in this stunning eight-floor residence in L'Ambiance, a premiere gated community directly on the pristine sand beaches at the south end of Longboat Key. Step off the private elevator into this stunning condominium with a Gulf-to-Bay layout. Direct views of the sparkling azure water in the Gulf of Mexico. Dramatic sunsets that take your breath away. Panoramic views of downtown Sarasota and the bay. At night the twinkling lights in the Sarasota skyline will leave you mesmerized. The open floor plan offers more than 2800 SF of interior space and 10-foot ceilings, 2 bedrooms, den, and 3 ½ baths. The spacious living room has an electric fireplace, wet-bar, and a free-flowing tray ceiling that mimics waves in the Gulf. The large kitchen has granite counters, an island, and a comfortable dinette space. The master suite is an oasis of privacy. Fall in love with the wall of windows overlooking the Gulf. The master bath offers his/hers bathrooms that access a shared shower. Located within the lush Longboat Key Club, L'Ambiance is 24-hour guard gated with freshly landscaped grounds and the finest amenities, including 24-hour concierge services, secure under building parking, recently renovated lobby and elevators, personal wine locker, two Har-Tru tennis courts, enormous saltwater pool and spa, billiards and card room, and additional suites for overnight guests. Close to St. Armand's Circle and the fine dining and culture that Sarasota offers. This is the ideal backdrop for Island living.

Last Agent to Sell the Property

Jeffrey MacDonald

CENTURY 21 SCHMIDT REAL ESTATE License #3266055 Listed on: 06/25/2018

CENTURY 21 SCHMIDT REAL ESTATE

Last Buyer's Agent

Chris Wetzig

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3235110

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,705

Year Built

  • Built in 1994

Lot Details

  • Property fronts a private road
  • Private Beach
  • Mature Landscaping

HOA Fees

  • $299 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Secured Garage or Parking
  • Guest Parking

Property Views

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 2,820 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Insulated Windows
  • Sliding Doors
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Water access To Gulf or Ocean
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Property is near public transit
  • Property is near a golf course
  • City Lot

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pool maintenance, private road, recreational facilities, security, trash
  • High-Rise Condominium
  • L'ambiance Community
  • L Ambiance At Longboat Key Club Ph 02 Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 10-Story Property

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Recreation Facilities
  • Community Spa

Pet Policy

  • Pets up to 30 lbs
  • 1 Pet Allowed

Security

  • Security Service
  • Gated Community
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,705

Year Built

Built in 1994

Lot Details

0

HOA Fees

$299 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Private Road, Recreational Facilities, Security, Trash
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 2820
  • New Construction: No
  • Year Built: 1994
  • Building Area Total: 3770
  • Directions to Property: From St. Armand's Circle, drive north on Gulf of Mexico Drive, at light turn left on Longboat Club Road into Longboat Key Club, pass through security gate, continue on road to L'Ambiance on left, pass through security gate, turn right to North building.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4406683&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4406683&cview=true&show_results=true&customer_portal=true
  • Floor Number: 8
  • Homestead Y N: Yes
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 8084
  • Property Description: High Rise
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.92308
  • Price per Sq Ft: 851.06
  • Close to Original List Price Ratio: 0.92308
  • Ratio: Current Price\Building Area Total: 636.6
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Electric, Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate, Marble
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Elevator, High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 10
  • Window Features: Insulated Windows
  • Street Number Modifier: 435
  • Room Count: 9
  • Additional Rooms: Den/Library/Office, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Storage, Tennis Court(s)
  • Exterior Features: Balcony, Hurricane Shutters, Lighting, Outdoor Grill, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Golf Course, Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Gulf/Ocean - Full
  • Water Access: Beach - Private, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0129F
  • Waterfront Frontage: 500
  • Water Frontage Feet Gulf Ocean: 500

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Guest, Under Building
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Phone Available, Public
  • Cooling: Central Air
  • Heating: Electric, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Private 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, Gated Community, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage, Tennis Court(s)
  • Association Fee: 3588
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Gated Community, Secured Garage/Parking, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 5642
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1881
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 26156
  • Monthly HOA Fee: 299
  • Total Monthly Fees: 2179.67

Schools

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

Lot Info

  • Parcel Number: 0011163054
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone, City Lot, Level, Near Golf Course, Near Public Transit, Sidewalk
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 30
  • Minimum Lease: 3 Months
  • Approval Process: Application required. See condo docs.
  • Num Timesper Year: 1
  • Pet Restrictions: One pet allowed up to 30 lbs. Tenants no pets.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Tenants no pets. See condo docs.

Tax Info

  • Tax Annual Amount: 19705
  • Tax Book Number: 2382-2494
  • Tax Lot: K806

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2018
Closed on
Nov 27, 2018
Sold by
Fair Mary Ann
Bought by
Ruark Timothy J and Ruark Sheryl M
Seller's Agent
Jeffrey MacDonald
CENTURY 21 SCHMIDT REAL ESTATE
Buyer's Agent
Chris Wetzig
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$2,600,000
Sold Price
$2,400,000
Premium/Discount to List
-$200,000
-7.69%
Current Estimated Value
$3,495,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,095,149
Avg. Annual Appreciation
7.26%

Purchase Details

Closed on
Mar 8, 1999
Sold by
Draga Helga
Bought by
Fair William R and Fair Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.79%

Purchase Details

Closed on
May 22, 1996
Sold by
Draga Inv Inc
Bought by
Draga Helga
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Ruark Timothy J $2,400,000 Attorney
Fair William R $1,175,000 --
Draga Helga $877,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fair Mary Ann $156,227
Previous Owner Fair William R $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2018 11/27/18 Sold $2,400,000 -7.7% $851 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
06/25/2018 06/25/18 For Sale $2,600,000 -- $922 / 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 $24,763 $1,898,386 -- --
2023 $24,763 $1,843,093 $0 $0
2022 $24,387 $1,789,411 $0 $0
2021 $23,825 $1,660,302 $0 $0
2020 $24,100 $1,637,379 $0 $0
2019 $29,405 $2,005,400 $0 $2,005,400
2018 $19,857 $1,377,314 $0 $0
2017 $19,705 $1,348,985 $0 $0
2016 $19,677 $1,362,900 $0 $1,362,900
2015 $19,894 $1,596,200 $0 $1,596,200
2014 $19,632 $1,265,895 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4406683

Stellar MLS

APN: 0011-16-3054