$4,000,000
SOLD JAN 21, 2025

540 N Tamiami Trail Unit 1102 Sarasota, FL 34236

Downtown Sarasota Neighborhood
3 Beds
3.5 Baths
3,962 Sq Ft
$3,046/mo HOA Fee

Recently Sold

$1,010 Per Sq Ft

5% Below List Price

97 Days on Market

Highlights

  • White Water Ocean Views
  • Fitness Center
  • Heated Infinity Pool
  • Booker High School Rated A-
  • Property is near a marina
  • Gated Community

About This Home

As of January 2025

Spectacular views and a spectacular floorplan in this 11th floor newer downtown condominium. Enjoy the private elevator that opens directly to your home in the sky. Boasting close to 4000 sf of interior space, 3 en-suite bedrooms, 3 balconies, wide hallways, expansive rooms, abundant storage and oversized closets, you feel like you are residing in a single-family home while enjoying incredible sunsets over Sarasota bay and north as well as city views to the east. The stunning appointments throughout the unit were selected with a nod to modern design using neutral and classic colors that appeal to all. Amenities in the building include the breathtaking roof-top infinity-edge pool, spa, outdoor kitchen/grill area and cabanas for relaxing and reading. Entertaining is easy and fun with the convenient wine room and individual lockers, the bar and club room with pool table, lounging area both in and outdoors. Practice your golf skills with the computerized driving range or workout in the well-apppointed fitness room. Dog lovers...your furry family members have their own dog grooming room and an outdoor "grassy" dog lawn! This condo comes with 2 parking spots located adjacent to the building entrance on plaza 2 level. Located in the preferred north tower, the concierge is always eager to assist. Easy walkability to Bayfront Park Conservancy, over the bridge or downtown to restaurants, shops, the Library or visit the weekly Farmers Market. You have it all here!

Last Agent to Sell the Property

Janis Collier

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #0481205 Listed on: 08/26/2024

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Mark McCann, PA

MICHAEL SAUNDERS & COMPANY License #3087995

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $48,168

Year Built

  • Built in 2020

Lot Details

  • West Facing Home
  • Dog Run

HOA Fees

  • $3,046 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Common or Shared Parking
  • Secured Garage or Parking
  • 2 Assigned Parking Spaces

Property Views

  • White Water Ocean
  • City

Home Design

  • Contemporary Architecture
  • Tile Roof
  • Concrete Roof
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 3,962 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Insulated Windows
  • Tinted Windows
  • Shades
  • Shutters
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Cooktop<<rangeHoodToken>>
  • Recirculated Exhaust Fan
  • <<microwave>>
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Hallway
  • Accessibility Features

Pool

  • Heated Infinity Pool
  • Heated Spa
  • In Ground Spa
  • Pool Deck

Outdoor Features

  • Property is near a marina
  • Balcony
  • Covered patio or porch
  • Outdoor Storage

Location

  • Property is near public transit

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Thermostat
  • Natural Gas Connected
  • Electric Water Heater
  • Water Purifier
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, escrow reserves fund, gas, maintenance structure, ground maintenance, management, recreational facilities, security, sewer, trash, water
  • Paul Collela Association, Phone Number (941) 529-7200
  • High-Rise Condominium
  • The Blvd Sarasota Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to vehicle restrictions
  • 18-Story Property

Amenities

  • Elevator
  • Community Mailbox
  • Community Storage Space

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Dog Park

Pet Policy

  • 2 Pets Allowed
  • Dogs and Cats Allowed
  • Breed Restrictions

Security

  • Security Service
  • Card or Code Access
  • Gated Community
  • High Impact Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$48,168

Year Built

Built in 2020

Lot Details

0

HOA Fees

$3,046 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Gas, Maintenance Structure, Maintenance Grounds, Management, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 3962
  • New Construction: No
  • Year Built: 2020
  • Accessibility Features: Accessible Hallway(s)
  • Building Area Total: 4813
  • Directions to Property: Located at corner of N. Tamiami Trail and Blvd of the Arts. Guest parking under building. Right turn into Blvd JUST before Blvd of the Arts. Due to construction under the building, please park on 5th street, one street south of the building.
  • Status: Sold
  • Street Direction: N
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 11
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 6 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 1009.59
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Planned Unit Development Yn: 0
  • Property Description: High Rise
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_NumAssignedParkingSpaces: 2
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-951-6660
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Accessibility Features, Built-in Features, Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer, Water Purifier, Wine Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: No
  • Stories: 18
  • Window Features: Double Pane Windows, Impact Glass/Storm Windows, Insulated Windows, Low Emissivity Windows, Shades, Shutters, Tinted Windows
  • Street Number Modifier: 540
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room
  • Living Area Meters: 368.08
  • Room Count: 8

Exterior Features

  • Direction Faces: West
  • Pool Features: Deck, Heated, In Ground, Infinity
  • Exterior Features: Balcony, Dog Run, Sidewalk, Sliding Doors, Storage
  • Roof: Concrete, Tile
  • Pool Private: No
  • View: City, Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Rear Porch
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Zoned
  • Laundry Features: Inside, Laundry Room, Same Floor As Condo Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Community Mailbox, Dog Park, Fitness Center, Pool
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Gated, Lobby Key Required, Pool, Recreation Facilities, Security, Storage, Vehicle Restrictions
  • Association Name: Paul Collela
  • Phone: 941-529-7200
  • Association: No
  • Security: Fire Alarm, Fire Sprinkler System, Gated Community, Secured Garage / Parking, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: No weight restrictions, 2 pets, no viscous breed.
  • Building Name Number: THE BLVD SARASOTA
  • Condo Fees: 9137
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: paul.collela@residential.com
  • Monthly Condo Fee Amount: 3046

Fee Information

  • Total Annual Fees: 36548.00
  • Total Monthly Fees: 3045.67

Schools

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

Lot Info

  • Zoning: DTB
  • Parcel Number: 2026124026
  • Additional Parcels: No
  • Lot Features: City Limits, Near Marina, Near Public Transit, Sidewalk
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 0
  • Zoning Compatible YN: 1

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK, Number Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Lease restrictions

Tax Info

  • Tax Annual Amount: 48168.01
  • Tax Block: 1
  • Tax Lot: 1102

Multi Family

  • Approval Process: Application to be approved.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2024
Closed on
Jan 21, 2025
Sold by
Wasserman Peter J and Wasserman Judith W
Bought by
Ronald C Sarti And Odile T Sarti Trust and Sarti
Seller's Agent
Janis Collier
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Mark McCann, PA
MICHAEL SAUNDERS & COMPANY
List Price
$4,200,000
Sold Price
$4,000,000
Premium/Discount to List
-$200,000
-4.76%
Views
15
Current Estimated Value
$3,962,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,147
Avg. Annual Appreciation
-1.93%

Purchase Details

Listed on
Aug 28, 2020
Closed on
May 4, 2021
Sold by
The Blvd Sarasota Llc
Bought by
Wasserman Peter J and Wasserman Judith W
Seller's Agent
Keith Redding
WILLIAM RAVEIS REAL ESTATE
Buyer's Agent
Ron Collier
MICHAEL SAUNDERS & COMPANY
List Price
$2,960,000
Sold Price
$2,960,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
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 Type Sale Price Title Company
Warranty Deed $4,000,000 None Listed On Document
Special Warranty Deed $2,960,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2025 01/21/25 Sold $4,000,000 -4.8% $1,010 / Sq Ft
12/01/2024 12/01/24 Pending -- -- --
08/26/2024 08/26/24 For Sale $4,200,000 +41.9% $1,060 / Sq Ft
05/13/2021 05/13/21 Sold $2,960,000 0.0% $759 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
08/28/2020 08/28/20 For Sale $2,960,000 -- $759 / 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 $48,168 $3,362,423 -- --
2023 $48,168 $3,264,488 $0 $0
2022 $47,913 $3,185,000 $0 $3,185,000
2021 $31,926 $2,024,600 $0 $2,024,600
2020 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4618548

Stellar MLS

APN: 2026-12-4026