NOT LISTED FOR SALE

540 N Tamiami Trail Unit 1202 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $4,245,550 - $4,451,000

3 Beds
3.5 Baths
3,900 Sq Ft
$1,535/mo HOA Fee

Last Sold October 28, 2020

Last sale price $2,950,000 $756 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $29,217/month

44 Days on Market

Highlights

  • White Water Ocean Views
  • Fitness Center
  • Under Construction
  • Booker High School Rated A-
  • Heated Infinity Pool
  • 0.8 Acre Lot

About This Home

As of October 2020

Now under construction! Limited time remains for Buyers to customize their residence floor plan. From the Developer of The Ritz-Carlton Sarasota and Concession Golf Club and Residences, we proudly introduce BLVD Sarasota. You’re living in one of only 49 expansive and innovative modern residences in Sarasota’s newest, most impressive downtown address. You glance out the window at your vibrant city with all its cultural offerings, trendy restaurants and boutiques, wondering what excitement today will bring. Then, you see the Bay, simply breathtaking. Add on-site dining on the first floor and Sarasota's only private rooftop pool – there’s nowhere else like it. With 2 floors of planned amenities including an 19th floor roof deck with resort style, zero horizon pool, outdoor kitchen and lounge area, and multiple gas fire-pits overlooking the Bay, downtown and incredible views of Siesta, Lido and Longboat Keys. A leading edge indoor golf simulator, climate controlled private wine cellars, a pet grooming salon, and a 5th floor pet lawn are just a few other amenities unique only to BLVD. With 4 different floor plans ranging in size from 3550-3900 sqft, these luxury residences provide the size of a single family home with the concierge convenience of condominium living. Custom cabinetry accompanied by quartz counters ensure a unique design tailored to your desires. Natural gas is now available. 2 assigned parking spaces convey with each unit. Don't miss out in this limited opportunity.

Last Agent to Sell the Property

Keith Redding

WILLIAM RAVEIS REAL ESTATE License #3265817 Listed on: 11/13/2018

WILLIAM RAVEIS REAL ESTATE

Last Buyer's Agent

Bill Anderson

MICHAEL SAUNDERS & COMPANY License #3288173

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $45,752

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • End Unit
  • West Facing Home
  • Condo Land Included

HOA Fees

  • $1,535 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Electric Vehicle Home Charger
  • Secured Garage or Parking
  • Parking Garage Space

Property Views

  • White Water Ocean
  • City

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 3,900 Sq Ft Home
  • Tray Ceiling
  • Low Emissivity Windows
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility
  • Security Lights

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated Infinity Pool
  • Heated Spa
  • Outside Bathroom Access

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Exterior Lighting

Location

  • City Lot

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, escrow reserves fund, fidelity bond, gas, insurance, internet, maintenance structure, ground maintenance, manager, pool maintenance, recreational facilities, sewer, trash, water
  • High-Rise Condominium
  • Built by BCBE
  • Blvd Sarasota Subdivision
  • 18-Story Property

Amenities

  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets up to 100 lbs
  • Pet Size Limit
  • 2 Pets Allowed
  • Breed Restrictions

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$45,752

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$1,535 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Fidelity Bond, Gas, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3900
  • Lot Size Acres: 0.8
  • New Construction: Yes
  • Year Built: 2019
  • Building Area Total: 4680
  • Lot Size Sq Ft: 36800
  • Directions to Property: From Fruitville, north on 41 to east, between 5th St and Blvd of the Arts
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4418862?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4418862?w=Customer
  • Floor Number: 12
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Property Description: Corner Unit, High Rise
  • Projected Completion Date: 2020-01-31T05:00:00.000Z
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 756.41
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 630.34
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2018
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Porcelain Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Eating Space In Kitchen, Living Room/Dining Room Combo, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 18
  • Window Features: Low Emissivity Windows
  • Street Number Modifier: 540
  • Room Count: 8
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, Infinity, Outside Bath Access
  • Exterior Features: Balcony, Lighting, Sliding Doors
  • Roof: Other
  • Pool Private: No
  • View: City, Water
  • Water Body Name: Sarasota Bay
  • Waterfront: No
  • Patio and Porch Features: Covered, Porch
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: No
  • Parking Features: Covered, Electric Vehicle Charging Station(s), Under Building
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Gas, Natural Gas Available, Public, Sewer Available
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Zoned
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fitness, Pool, Sidewalk
  • Association Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Pool, Recreation Facilities, Spa/Hot Tub, Storage
  • Association Fee: 1535
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Fire Alarm, Fire Sprinkler System, Key Card Entry, Secured Garage/Parking, Security Lights, Smoke Detector(s)
  • Senior Community: No
  • Condo Land Included Y N: Yes
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 18420
  • Monthly HOA Fee: 1535
  • Total Monthly Fees: 1535

Lot Info

  • Zoning: DTB
  • Parcel Number: 12241202
  • Additional Parcels: No
  • Lot Features: City Lot, Sidewalk
  • Flood Zone Code: AE
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: BCBE

Rental Info

  • Pets Allowed: Breed Restrictions, Number Limit, Size Limit, Yes
  • Pet Size: Large (61-100 Lbs.)
  • Max Pet Weight: 100
  • Minimum Lease: 6 Months
  • Approval Process: Association Board approval once established
  • Num Timesper Year: 2
  • Pet Restrictions: See condo docs for pet restrictions
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: See condo docs for full lease restrictions

Tax Info

  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2018
Closed on
Oct 28, 2020
Sold by
The Blvd Sarasota Llc
Bought by
Morris Michael L and Morris Michelle G
Seller's Agent
Keith Redding
WILLIAM RAVEIS REAL ESTATE
Buyer's Agent
Bill Anderson
MICHAEL SAUNDERS & COMPANY
List Price
$2,950,000
Sold Price
$2,950,000
Current Estimated Value
$4,321,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,371,850
Avg. Annual Appreciation
7.72%
Source: Public Records

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
Morris Michael L $2,950,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2020 10/28/20 Sold $2,950,000 0.0% $756 / Sq Ft
12/27/2018 12/27/18 Pending -- -- --
11/13/2018 11/13/18 For Sale $2,950,000 -- $756 / 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 $45,752 $3,193,385 -- --
2023 $45,752 $3,100,374 $0 $0
2022 $44,727 $3,010,072 $0 $0
2021 $36,907 $2,345,800 $0 $2,345,800
2020 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4418862

Stellar MLS

APN: 2026-12-4030