NOT LISTED FOR SALE

505 S Orange Ave Unit 1503 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $1,984,000 - $2,671,000

3 Beds
3.5 Baths
3,003 Sq Ft
$1,532/mo HOA Fee

Last Sold May 03, 2018

Last sale price $1,575,000 $524 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $14,996/month

336 Days on Market

Highlights

  • Marina View
  • Fitness Center
  • Solar Heated In Ground Pool
  • Southside Elementary School Rated A
  • Penthouse
  • 3-minute walk to Laurel Park

About This Home

As of May 2018

It is all about the VIEWS. Look out at Sarasota Bay, The Intercostal Waterway and all the way out to the Gulf of Mexico. This spacious unit shows more like a home then a Condominium. The unit has Fantastic views from every room. This unit is a 3 B/R 3 full and 1 half bath with an additional bonus room in the Master Suite that could be used as an office. Total square footage under air is 3003 Sq. FT with an additional approximately 400+ Sq. FT of Balcony between the front and rear Balconies. The unit was recently reconfigured to bring in more light and to give better views all around. Additionally the kitchen went through a complete remodel with all new Cabinets, Counter Tops and Appliances. The unit has a custom wood floor that is spectacular. The floor was left in its natural state to highlight its unique pattern and coloring giving the next owners the chance to refinish it the way they might desire. Kanaya is a very unique building in that it is only a 5 minute walk to Downtown Sarasota without the traffic of many of other areas Downtown. The 3rd Floor amenity area has a very well equipped Gym. In addition on the 3rd floor there is a kitchen, 59 foot lap pool, a huge deck with couches to entertain, along with a large gas grill for cooking and a fire pit. For additional entertaining there is the rooftop terrace that has 2 summer kitchens, tables, chairs and couches to enjoy the sunsets and all the views of the water in and around Sarasota. Do yourself a favor take a look you will not be disappointed.

Last Agent to Sell the Property

Jim Liddy

EXP REALTY LLC License #3178264 Listed on: 05/02/2017

EXP REALTY LLC

Last Buyer's Agent

Louis Wery

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0654389

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,031

Year Built

  • Built in 2007

Lot Details

  • End Unit

HOA Fees

  • $1,532 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking
  • Open Parking

Property Views

  • Marina
  • Intracoastal
  • Ocean To Bay
  • Full Bay or Harbor

Home Design

  • Penthouse
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,003 Sq Ft Home
  • Open Floorplan
  • Bar Fridge
  • Crown Molding
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Window Treatments
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Inside Utility
  • Laundry in unit

Kitchen

  • Built-In Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

Pool

  • Solar Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Balcony
  • Outdoor Grill

Location

  • Property is near public transit
  • The property is located in a historic district
  • City Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Power Generator
  • Electric Water Heater
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, sewer, trash, water
  • Lighthouse Mnagment Association
  • Mid-Rise Condominium
  • Kanaya Community
  • Kanaya Subdivision
  • Association Owns Recreation Facilities
  • Rental Restrictions
  • 15-Story Property

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 100 lbs
  • 2 Pets Allowed

Security

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

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,031

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,532 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3003
  • New Construction: No
  • Year Built: 2007
  • Building Area Total: 3447
  • Directions to Property: From Main Street in Sarasota go to Orange ave. head south on Orange Ave. Kanaya is just past 1st light (Ringling Blvd.) at corner of Laurel Rd and Orange. Building is next to Woman's Exchange.
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4183082&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4183082&cview=true&show_results=true&customer_portal=true
  • Floor Number: 15+
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: End Unit, Mid Rise, Penthouse
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 524.48
  • Close to Original List Price Ratio: 0.98746
  • Ratio: Current Price\Building Area Total: 456.92
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Elevator, High Ceiling(s), Open Floorplan, Split Bedroom, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Other Equipment: Generator
  • Stories: 15
  • Window Features: Thermal Windows, Window Treatments
  • Street Number Modifier: 505
  • Room Count: 8
  • Additional Rooms: Bonus Room, Den/Library/Office, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Gunite, Heated, In Ground, Solar Heat
  • Exterior Features: Balcony, Outdoor Grill
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Water Body Name: Sarasota Bay, Intercoastal Waf
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Partial, Gulf/Ocean - Partial, Gulf/Ocean to Bay, Intracoastal Waterway, Marina
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0133F
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage Door Opener, Guest, Secured, Underground
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Fiber Optics, Fire Hydrant, Public
  • Cooling: Central Air
  • Electric: Generator
  • Heating: Central, Electric, Other
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Fitness, Pool
  • Association Amenities: Elevator(s), Fitness Center, Security
  • Association Fee Frequency: Quarterly
  • Association Name: Lighthouse Mnagment
  • Association: Yes
  • Security: Fire Sprinkler System, Key Card Entry, Secured Garage/Parking, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 4595
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1532
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 18380
  • Total Monthly Fees: 1531.67

Schools

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

Lot Info

  • Zoning: DTC
  • Parcel Number: 2027104037
  • Additional Parcels: No
  • Lot Features: Historic District, City Lot, Near Public Transit, Sidewalk
  • Millage Rate: 16.38
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Large (61-100 Lbs.)
  • Max Pet Weight: 100
  • Minimum Lease: 3 Months
  • Approval Process: Submit form to Lighthouse Mnagment
  • Num Timesper Year: 2
  • Pet Restrictions: Board approval for pets
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Board must approve.

Tax Info

  • Tax Annual Amount: 18031
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2017
Closed on
May 3, 2018
Sold by
Maxfield Thomas and Maxfield Jocelyn
Bought by
Siciliano Arthur A and Blanchard Barbara A
Seller's Agent
Jim Liddy
EXP REALTY LLC
Buyer's Agent
Louis Wery
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$1,575,000
Sold Price
$1,575,000
Current Estimated Value
$2,311,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$736,788
Avg. Annual Appreciation
5.30%

Purchase Details

Closed on
Feb 21, 2007
Sold by
Kanaya Llc
Bought by
Maxfield Thomas and Maxfield Jocelyn
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
Siciliano Arthur A $1,575,000 Attorney
Maxfield Thomas $1,682,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2018 05/03/18 Sold $1,575,000 0.0% $524 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $1,575,000 0.0% $524 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
03/31/2018 03/31/18 For Sale $1,575,000 0.0% $524 / Sq Ft
01/08/2018 01/08/18 Pending -- -- --
12/18/2017 12/18/17 Price Changed $1,575,000 -0.9% $524 / Sq Ft
11/12/2017 11/12/17 Price Changed $1,589,000 -0.6% $529 / Sq Ft
10/11/2017 10/11/17 Price Changed $1,599,000 0.0% $532 / Sq Ft
10/11/2017 10/11/17 For Sale $1,599,000 +1.5% $532 / Sq Ft
08/14/2017 08/14/17 Off Market $1,575,000 -- --
07/20/2017 07/20/17 Price Changed $1,675,000 0.0% $558 / Sq Ft
07/20/2017 07/20/17 For Sale $1,675,000 +6.3% $558 / Sq Ft
05/21/2017 05/21/17 Off Market $1,575,000 -- --
05/02/2017 05/02/17 For Sale $1,595,000 -- $531 / 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 $13,902 $975,979 -- --
2023 $13,902 $947,552 $0 $0
2022 $13,531 $919,953 $0 $0
2021 $13,654 $893,158 $0 $0
2020 $13,811 $880,826 $0 $0
2019 $20,204 $1,246,300 $0 $1,246,300
2018 $17,861 $1,095,600 $0 $1,095,600
2017 $18,032 $1,095,600 $0 $1,095,600
2016 $17,540 $1,043,400 $0 $1,043,400
2015 $17,675 $1,028,300 $0 $1,028,300
2014 $16,401 $857,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jim Liddy

    EXP REALTY LLC

    (941) 266-1226

    11 Total Sales

    Jim Liddy
    Section Image
  • Louis Wery

    Buyer's Agent in 2018

    Louis Wery

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 232-3001

    7 in this area

    27 Total Sales

    Louis Wery
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4183082

Stellar MLS

APN: 2027-10-4037

Florida Sarasota County Sarasota 34236 Downtown Sarasota

505 S Orange Ave Unit 1503, Sarasota, FL

This home is located at 505 S Orange Ave Unit 1503, Sarasota, FL 34236 since 02 May 2017 and is currently estimated at $2,311,788, approximately $769 per square foot. This property was built in 2007. 505 S Orange Ave Unit 1503 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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