NOT LISTED FOR SALE

Estimated Value: $4,967,000 - $7,594,000

4 Beds
6.5 Baths
5,170 Sq Ft
$2,550/mo HOA Fee

Last Sold April 26, 2013

Last sale price $6,750,000 $1,306 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $44,525/month

18 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Water Access
  • Southside Elementary School Rated A
  • Golf Course Community
  • Fitness Center

About This Home

As of April 2013

THE ULTIMATE PENTHOUSE IN SARASOTA! Experience the understated elegance of this extraordinary corner penthouse in the north building of L'Ambiance. The entire unit has been recently and completely re-constructed and custom designed to take full advantageof the spectacular sights, each window framing postcard images of the panoramic views from sunrise to sunset. This dramatic penthouse residence is a marvel of exquisite taste and a dazzling display of custom finishes. A skillful use of a calming colourpalette softly transitions from space to space, highlighting the fine details and tasteful features. Crema Europa Limestone floors guide you through the main livings areas of the home, with wood floors in the kitchen, and polished marble and granite complete the baths. The four bedroom suites and office have floor coverings from Custom Sisal to Flat Wool. The huge expanses of glass coupled with the unit's three skylights allow for an abundance of natural light. This outstanding beach front residence offers over 5,100 square feet of luxury living, 14 foot ceilings, 2400 square feet of wrap around terraces, three covered parking spaces and five storage lockers. The owners remark that "...the combination of sand and sky, and the marvelous views of the Gulf & the City have always been very special. When we walk in the door - it is a deep breath and total relaxation...a joyous place to live." Features list available.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $38,957

Year Built

  • Built in 1994

Lot Details

HOA Fees

  • $2,550 Monthly HOA Fees

Parking

  • 3 Car Garage

Property Views

Home Design

  • Custom Home
  • Entry on the 10th floor
  • Slab Foundation
  • Stucco

Interior Spaces

  • 5,170 Sq Ft Home
  • Open Floorplan
  • Bar Fridge
  • Dry Bar
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Skylights
  • Blinds
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Storage Room
  • Inside Utility
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Brick
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Saltwater Pool
  • Water Access

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • 3-Month Minimum Lease Term
  • Tax Lot PH-M
  • Assessor Parcel Number 0011163068

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance
  • L Ambiance At Longboat Key Club Community
  • L Ambiance At Longboat Key Club Ph 2 Subdivision
  • The community has rules related to deed restrictions
  • 10-Story Property

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Golf Course Community
  • Recreation Facilities
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pets up to 30 lbs
  • 1 Pet Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$38,957

Year Built

Built in 1994

Lot Details

0

HOA Fees

$2,550 per month

Parking

3

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 5170
  • New Construction: No
  • Year Built: 1994
  • Building Area Total: 8575
  • Directions to Property: Gulf of Mexico Drive to Longboat Club Road to L'Ambiance entrance. Right to North Building after guard gate.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Floor Number: 10
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: 3 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 1305.61
  • Total Acreage: Non-Applicable
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Corner Unit,End Unit,Penthouse
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 941-364-4000
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Brick, Carpet, Marble, Wood
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Interior Amenities: Crown Molding, Dry Bar, Eat-in Kitchen, Elevator, High Ceilings, Open Floorplan, Skylight(s), Solid Wood Cabinets, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 10
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 435
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Bonus Room,Den/Library/Office,Formal Dining Room Separate,Foyer,Great Room,Inside Utility,Storage Rooms
  • Living Area Meters: 480.31
  • Room Count: 11

Exterior Features

  • Pool Features: Heated, Salt Water
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • View: Golf Course, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Water Access: Beach
  • Water View: Bay/Harbor - Full,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 300

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Assigned, Underground

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Public
  • Cooling: Central Air, Zoned
  • Heating: Central

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness Center, Gated, Golf, Pool, Tennis Courts, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Gated, Recreation Facilities, Security, Spa/Hot Tub, Storage, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Gated Community, Security System Owned, Smoke Detector(s)
  • Association Fee Requirement: Required
  • Building Name Number: 11
  • Condo Fees: 7651
  • Max Pet Weight: 30

Fee Information

  • Total Annual Fees: 30604.00
  • Total Monthly Fees: 2550.33

Lot Info

  • Parcel Number: 0011163068
  • Additional Parcels: No
  • Homestead YN: 0
  • Future Land Use: 0405

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No, Yes
  • Expected Lease Date: 2013-04-26T00:00:00.000

Tax Info

  • Tax Annual Amount: 38957
  • Tax Book Number: 0030/0021
  • Tax Lot: PH-M

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2012
Sold by
Masin Michael T and Masin Joanne E
Bought by
Skokos Peter Z and Hsph Trust
Current Estimated Value
$6,463,560

Purchase Details

Closed on
Mar 7, 2005
Sold by
Martell Martha S
Bought by
Masin Michael T and Masin Joanne E
Source: Public Records

Range of Values:

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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
Skokos Peter Z $6,750,000 Attorney
Masin Michael T $5,950,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martell Martha S $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2013 04/26/13 Sold $6,750,000 -9.9% $1,306 / Sq Ft
03/12/2013 03/12/13 Pending -- -- --
02/21/2013 02/21/13 For Sale $7,495,000 -- $1,450 / 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 $90,460 $6,550,783 -- --
2023 $90,460 $7,511,400 $0 $7,511,400
2022 $83,151 $6,779,700 $0 $6,779,700
2021 $71,488 $4,921,700 $0 $4,921,700
2020 $79,353 $5,324,200 $0 $5,324,200
2019 $84,788 $5,835,500 $0 $5,835,500
2018 $86,972 $5,943,400 $0 $5,943,400
2017 $88,542 $5,947,300 $0 $5,947,300
2016 $90,320 $5,947,300 $0 $5,947,300
2015 $91,496 $5,859,400 $0 $5,859,400
2014 $83,880 $2,738,132 $0 $0
Source: Public Records

Map

Source: Stellar MLS

MLS Number: A3973911

Stellar MLS

APN: 0011-16-3068