NOT LISTED FOR SALE

505 S Orange Ave Unit 1502 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $1,653,000 - $2,468,000

3 Beds
2.5 Baths
2,600 Sq Ft
2007 Built

Last Sold February 26, 2013

Last sale price $950,000 $365 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $11,697/month

Highlights

  • Family Room with Fireplace
  • Marble Flooring
  • Community Pool
  • Southside Elementary School Rated A
  • Stone Countertops
  • 3-minute walk to Laurel Park

About This Home

As of July 2014

Luxurious condo available in downtown Sarasota, located on the 15th floor with views in every direction. Private elevator takes you to unit and enter through double glass doors into the foyer. Spacious living room with fireplace, leading to porch with views west over the bridge and Longboat Key, Lido and Siesta Key. Marble floors through out except for two bedrooms that have hardwood flooring. Guest bedrooms face east and enjoy a covered porch with high views. Beautifully appointed kitchen with white stone countertops, spacious laundry room. Go through glass french doors into the Master suite with twin walk in closets and luxurious bathroom. Available for an annual tenant immediately.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,775

Year Built

  • Built in 2007

Parking

  • Covered Parking

Interior Spaces

  • 2,600 Sq Ft Home
  • Tray Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Family Room with Fireplace
  • Family Room Off Kitchen

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Residential Lease
  • Security Deposit $6,000
  • Property Available on 7/1/14
  • The owner pays for grounds care, pest control, pool maintenance, recreational, trash collection
  • 12-Month Minimum Lease Term
  • Available 8/1/14
  • $75 Application Fee
  • Assessor Parcel Number 2027104036

Community Details

Overview

  • Property has a Home Owners Association
  • Kanaya Community
  • Kanaya Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$16,775

Year Built

Built in 2007

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Lease Amount Frequency: Annually
  • Pets Allowed: No
  • Available Date: 2014-07-01
  • Terms Of Lease: No Smoking
  • Long Term YN: 1
  • Security Deposit: 6000
  • Expected Lease Date: 2014-08-01T00:00:00.000

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Fireplace: Yes
  • Living Area: 2600
  • New Construction: No
  • Year Built: 2007
  • Building Area Total: 3344
  • Lease Term: Twelve Months
  • Owner Pays: Grounds Care, Pest Control, Pool Maintenance, Recreational, Trash Collection
  • Directions to Property: Take Main Street to Orange Ave, go south to address on right.
  • Status: Leased
  • Street Direction: S
  • List Office Head Office Key Nume: 1046795
  • RATIO Current Price By Calculate: 2.04
  • Water Access YN: 0
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Electric, Family Room
  • Living Area Units: Square Feet
  • Flooring: Marble, Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Elevator, Kitchen/Family Room Combo, Stone Counters, Tray Ceiling(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Street Number Modifier: 505

Exterior Features

  • Exterior Features: Balcony
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Parking Features: Covered

Utilities

  • Cooling: Central Air
  • Heating: Central

Condo/Co-op/Association

  • Community Features: Pool
  • Association Name: N/A
  • Association: Yes
  • Senior Community: No
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required

Fee Information

  • Application Fee: 75

Lot Info

  • Zoning: DTC
  • Parcel Number: 2027104036

Tax Info

  • Tax Book Number: 40/24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2022
Sold by
Adelman Cheryl F and Adelman Michael D
Bought by
Adelman Cheryl F and Adelman Michael
Current Estimated Value
$1,935,051

Purchase Details

Closed on
Mar 31, 2017
Sold by
Bellack Richard J
Bought by
Adelman Cheryl F

Purchase Details

Closed on
Aug 20, 2013
Sold by
Bellack 1502 Llc
Bought by
Bellack Richard J

Purchase Details

Listed on
Dec 3, 2012
Closed on
Feb 26, 2013
Sold by
Property Healers Inc
Bought by
Bellack 1502 Llc
Seller's Agent
Dan Waguespack
DANIEL WAGUESPACK R.E. BROKER
Buyer's Agent
Mary Lou McKinley
AGGRESSIVE REALTY
List Price
$999,000
Sold Price
$950,000
Premium/Discount to List
-$49,000
-4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Adelman Cheryl F $100 None Listed On Document
Adelman Cheryl F $1,500,000 None Available
Bellack Richard J -- Attorney
Bellack 1502 Llc $950,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2018 08/17/18 Off Market $5,300 -- --
07/01/2014 07/01/14 Rented $5,300 -3.6% --
07/01/2014 07/01/14 Under Contract -- -- --
06/06/2014 06/06/14 For Rent $5,500 0.0% --
02/26/2013 02/26/13 Sold $950,000 -4.9% $365 / Sq Ft View Prior Sale
01/19/2013 01/19/13 Pending -- -- --
12/03/2012 12/03/12 For Sale $999,000 -- $384 / 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 $16,775 $1,181,487 -- --
2023 $16,775 $1,147,075 $0 $0
2022 $16,357 $1,113,665 $0 $0
2021 $16,519 $1,081,228 $0 $0
2020 $16,715 $1,066,300 $0 $1,066,300
2019 $16,442 $1,051,812 $0 $0
2018 $16,179 $1,032,200 $0 $1,032,200
2017 $16,691 $1,001,770 $0 $0
2016 $15,380 $910,700 $0 $910,700
2015 $15,497 $897,500 $0 $897,500
2014 $14,423 $662,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Dan Waguespack

    DANIEL WAGUESPACK R.E. BROKER

    (941) 320-7208

    3 in this area

    8 Total Sales

    Dan Waguespack
    Section Image
  • Mary Lou McKinley

    Buyer's Agent in 2013

    Mary Lou McKinley

    AGGRESSIVE REALTY

    (941) 391-3254

    251 Total Sales

    Mary Lou McKinley
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A3999476

Stellar MLS

APN: 2027-10-4036

Florida Sarasota County Sarasota 34236 Downtown Sarasota

505 S Orange Ave Unit 1502, Sarasota, FL

This home is located at 505 S Orange Ave Unit 1502, Sarasota, FL 34236 since 06 June 2014 and is currently priced at $1,935,051. This property was built in 2007. 505 S Orange Ave Unit 1502 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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