NOT LISTED FOR SALE

525 N Orange Ave Unit 204 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $531,000 - $613,000

2 Beds
2 Baths
960 Sq Ft
$554/mo HOA Fee

Last Sold April 29, 2024

Last sale price $555,000 $578 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,283/month

113 Days on Market

Highlights

  • Gated Community
  • Open Floorplan
  • High Ceiling
  • Booker High School Rated A-
  • Main Floor Primary Bedroom
  • Stone Countertops

About This Home

As of April 2024

Significant price drop! You won't see a downtown condo, this clean & nice with such a fabulous location. Quality build with quality design. Walkable downtown living! Experience the charm and elegance of this Italian-inspired, quaint four-story low density building in a one level condo in the heart of Sarasota. This condo features advanced construction specifications to include impact residence doors and windows, all combined with old world charm that includes a courtyard and fireplace with mature palms and bougainvillea taking you back to the Amalfi Coast. The modern and comfortable open floor plan with two bedrooms, two baths, and high-end amenities in the perfect location is spectacular. Enjoy the designer lighting, neutral color scheme, wood-look porcelain tile floors, 10’ solid core doors, 12’ ceilings, walk-in shower, and quartz countertops. The kitchen is equipped with all electric stainless-steel appliances and a one level breakfast bar. The Rosemary District is a historic and vibrant neighborhood in Sarasota, just 3 blocks north of downtown. Walk to the new Sarasota Bayfront, Whole Foods, Main Street, farmers market, and many cultural and entertainment venues. Experience the charm of the past and the convenience of the present in this dynamic neighborhood. The Rosemary District is thriving with new developments, new restaurants, shops, and amenities. It is one of the most walkable neighborhoods, and a great place to enjoy the best that Sarasota has to offer.

Last Agent to Sell the Property

Bailey Dempsey

KW COASTAL LIVING III Brokerage Phone: 941-900-4151 License #3306079 Listed on: 12/21/2023

KW COASTAL LIVING III

Last Buyer's Agent

Joan Trice

BRIGHT REALTY License #3516748

BRIGHT REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,028

Year Built

  • Built in 2019

HOA Fees

  • $554 Monthly HOA Fees

Home Design

  • Membrane Roofing
  • Concrete Siding
  • Pile Dwellings

Interior Spaces

  • 960 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Coffered Ceiling
  • High Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Security Gate

Kitchen

  • Range
  • Microwave
  • Stone Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Ground Level Parking
  • Off-Street Parking
  • Reserved Parking
  • 1 Assigned Parking Space

Schools

  • Alta Vista Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Water Filtration System
  • Electric Water Heater

Additional Features

  • Balcony
  • East Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, escrow reserves fund, maintenance structure, ground maintenance, management
  • Donnie P. Melendy Association, Phone Number (941) 378-1777
  • Courtyard/Citrus Ph I Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Elevator
  • Community Mailbox

Pet Policy

  • Pets up to 25 lbs
  • Pet Size Limit
  • 2 Pets Allowed
  • Dogs and Cats Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,028

Year Built

Built in 2019

Lot Details

0

HOA Fees

$554 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Management
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 960
  • New Construction: No
  • Year Built: 2019
  • Building Area Total: 988
  • Directions to Property: From University Pkwy W - Use the left 2 lanes to turn left onto US-301 S/N Washington Blvd. Turn right onto 12th. Turn left onto N Orange Ave and destination will be on the right. See below for further instructions. From downtown Sarasota, go north on Orange Ave. Continue north, over Fruitville Rd/Hwy SR 780 for 1 block. Turn left on 4th Ave and take the first right onto a parking alley. The gate is in the middle of the alley. Put in the access code provided in your confirmed showing info. Upon entering the gate, park to the left in unit 203 or 204 designated spots. Continue north in the parking lot, past the community mail niche, to the courtyard with the fireplace. Walk upstairs or take the elevator to the 2nd floor. The unit is to the right of the elevator and is Unit 204. Lockbox is on the table at the front door.
  • Status: Sold
  • Street Direction: N
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 203884503
  • Minimum Lease: 1 Month
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 578.13
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Property Description: Elevated,Mid Rise
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-900-4151
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Coffered Ceiling(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Filtration System
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 4
  • Street Number Modifier: 525
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 89.19
  • Room Count: 5

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony
  • Roof: Membrane
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Ground Level, Guest, Off Street, Reserved

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Community Mailbox, Deed Restrictions, Gated Community - No Guard
  • Association Amenities: Elevator(s), Gated
  • Association Name: Donnie P. Melendy
  • Phone: 941-378-1777
  • Association: No
  • Security: Gated Community, Security Gate
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Building Name Number: 1
  • Condo Fees: 1662
  • Condo Land Included YN: 0
  • Max Pet Weight: 25
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: cmr7085@yahoo.com
  • Monthly Condo Fee Amount: 554
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 6648.00
  • Total Monthly Fees: 554.00

Schools

  • Elementary School: Alta Vista Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: DTE
  • Parcel Number: 2026113003
  • Additional Parcels: No
  • Flood Zone Code: x
  • Homestead YN: 1
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Minimum 30 day lease period and written approval from board required.

Tax Info

  • Tax Annual Amount: 7027.95
  • Tax Book Number: 44-69-78
  • Tax Lot: 0

Multi Family

  • Approval Process: Application required. Buyer to verify all approval process with the Association directly.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2023
Closed on
Apr 26, 2024
Sold by
Lawson Charlotte Louise
Bought by
Trice Joan N
Seller's Agent
Bailey Dempsey
KW COASTAL LIVING III
Buyer's Agent
Joan Trice
BRIGHT REALTY
List Price
$750,000
Sold Price
$555,000
Premium/Discount to List
-$195,000
-26%
Total Days on Market
113
Views
182
Current Estimated Value
$559,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,858
Avg. Annual Appreciation
0.80%
Original Mortgage
$800,000
Outstanding Balance
$772,501
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$212,643

Purchase Details

Listed on
Jan 9, 2021
Closed on
May 7, 2021
Sold by
Scannell Timothy M and Scannell Nancy M
Bought by
Lawson Charlotte Louise
Seller's Agent
Sandra Israelson
STAR BAY REALTY CORP.
Buyer's Agent
Bailey Dempsey
KW COASTAL LIVING III
List Price
$440,000
Sold Price
$430,000
Premium/Discount to List
-$10,000
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%
Original Mortgage
$229,998
Interest Rate
2.75%
Mortgage Type
New Conventional
Source: Public Records

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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
Trice Joan N $555,000 None Listed On Document
Lawson Charlotte Louise $430,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trice Joan N $800,000
Previous Owner Lawson Charlotte Louise $229,998
Previous Owner Scannell Timothy M $279,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $555,000 -1.8% $578 / Sq Ft
04/13/2024 04/13/24 Pending -- -- --
04/11/2024 04/11/24 Price Changed $565,000 -4.2% $589 / Sq Ft
04/05/2024 04/05/24 Price Changed $590,000 -4.1% $615 / Sq Ft
04/01/2024 04/01/24 Price Changed $615,000 -1.6% $641 / Sq Ft
03/09/2024 03/09/24 Price Changed $625,000 -3.5% $651 / Sq Ft
02/26/2024 02/26/24 Price Changed $648,000 -3.3% $675 / Sq Ft
02/15/2024 02/15/24 Price Changed $670,000 -4.3% $698 / Sq Ft
01/24/2024 01/24/24 Price Changed $700,000 -6.7% $729 / Sq Ft
12/21/2023 12/21/23 For Sale $750,000 +74.4% $781 / Sq Ft
05/07/2021 05/07/21 Sold $430,000 -2.3% $448 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
01/09/2021 01/09/21 For Sale $440,000 -- $458 / 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 $7,028 $426,200 -- $426,200
2023 $7,028 $508,820 $0 $0
2022 $6,919 $494,000 $0 $494,000
2021 $4,477 $316,875 $0 $0
2020 $4,523 $312,500 $0 $312,500
2019 $677 $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Bailey Dempsey

    Seller's Agent in 2024

    Bailey Dempsey

    KW COASTAL LIVING III

    (336) 406-6003

    2 in this area

    39 Total Sales

    Bailey Dempsey
    Section Image

  • J

    Buyer's Agent in 2024

    Joan Trice

    BRIGHT REALTY

    (941) 552-6036

    1 in this area

    4 Total Sales

    Joan Trice
    Section Image
  • Sandra Israelson

    Seller's Agent in 2021

    Sandra Israelson

    STAR BAY REALTY CORP.

    (941) 920-0523

    26 in this area

    36 Total Sales

    Sandra Israelson
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4593169

Stellar MLS

APN: 2026-11-3003

Florida Sarasota County Sarasota 34236 Downtown Sarasota

525 N Orange Ave Unit 204, Sarasota, FL

This home is located at 525 N Orange Ave Unit 204, Sarasota, FL 34236 since 21 December 2023 and is currently estimated at $559,858, approximately $583 per square foot. This property was built in 2019. 525 N Orange Ave Unit 204 is a home located in Sarasota County with nearby schools including Alta Vista Elementary School, Booker Middle School, and Booker 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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