NOT LISTED FOR SALE

540 N Tamiami Trail Unit 1501 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $4,030,000 - $4,662,000

4 Beds
4.5 Baths
3,630 Sq Ft
$1,535/mo HOA Fee

Last Sold September 24, 2020

Last sale price $3,100,000 $854 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $27,641/month

Highlights

  • White Water Ocean Views
  • Fitness Center
  • 0.8 Acre Lot
  • Booker High School Rated A-
  • New Construction
  • Open Floorplan

About This Home

As of September 2020

Sold Data Purposes Only

Last Agent to Sell the Property

Keith Redding

WILLIAM RAVEIS REAL ESTATE License #3265817 Listed on: 09/24/2020

WILLIAM RAVEIS REAL ESTATE

Co-Listed By

Sam Kasprzyk-Benge

WILLIAM RAVEIS REAL ESTATE License #3091049

Last Buyer's Agent

Keith Redding

WILLIAM RAVEIS REAL ESTATE License #3265817 Listed on: 09/24/2020

WILLIAM RAVEIS REAL ESTATE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $35,797

Year Built

  • Built in 2020 | New Construction

Lot Details

  • End Unit
  • West Facing Home
  • 3 Lots in the community
  • Condo Land Included

HOA Fees

  • $1,535 Monthly HOA Fees

Property Views

  • White Water Ocean
  • City

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 3,630 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Porcelain Tile

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Wrap Around Porch
  • Exterior Lighting

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 5401501

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, manager, pool maintenance, recreational facilities, sewer, trash, water
  • Dan Pittaro Association
  • High-Rise Condominium
  • Built by BCBE Construction, LLC
  • Blvd Sarasota Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 18-Story Property

Amenities

  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$35,797

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$1,535 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 3630
  • Lot Size Acres: 0.8
  • New Construction: Yes
  • Year Built: 2020
  • Building Area Total: 5330
  • Lot Size Sq Ft: 36800
  • Number Of Lots: 3
  • Directions to Property: Fruitville north 2 blocks on Tamiami to Blvd of Arts
  • Status: Sold
  • Street Direction: N
  • Floor Number: 15+
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Property Description: End Unit, High Rise
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 853.99
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 581.61
  • View: Yes
  • Co List Office Mls Id: 281520622
  • Co List Office Phone: 941-894-1255
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Porcelain Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Eating Space In Kitchen, High Ceiling(s), Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 18
  • Street Number Modifier: 540
  • Room Count: 9

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Lighting
  • Roof: Other
  • Pool Private: No
  • View: City, Water
  • Water Body Name: Sarasota Bay
  • Waterfront: No
  • Patio and Porch Features: Covered, Wrap Around
  • 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 Yn: No
  • Parking Features: Assigned, Under Building
  • Open Parking: No

Utilities

  • Utilities: Natural Gas Connected, Public
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Pool
  • Association Fee: 1535
  • Association Fee Frequency: Monthly
  • Association Name: Dan Pittaro
  • Association: Yes
  • Senior Community: No
  • Association Email: dpittaro@blvdsarasota.com
  • 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: 5401501
  • Additional Parcels: No
  • Lot Features: City Lot
  • Flood Zone Code: AE
  • Zoning Compatible Y N: Yes

Building Info

  • Builder Name: BCBE Construction, LLC

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: See Condo Docs
  • Num Timesper Year: 2
  • Pet Restrictions: 2 Domestic Pets
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Condo Docs

Tax Info

  • Tax Annual Amount: 1
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Sep 23, 2020
Sold by
The Blvd Sarasota Llc
Bought by
Morgentaler Abrahm and Morgentaler Brandon Marianne
Seller's Agent
Keith Redding
WILLIAM RAVEIS REAL ESTATE
Buyer's Agent
Keith Redding
WILLIAM RAVEIS REAL ESTATE
List Price
$3,100,000
Sold Price
$3,100,000
Current Estimated Value
$4,276,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,176,835
Avg. Annual Appreciation
7.22%
Source: Public Records

Range of Values:

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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
Morgentaler Abrahm $3,100,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgentaler Abraham $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2020 09/24/20 Sold $3,100,000 0.0% $854 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $3,100,000 -- $854 / 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 $35,797 $2,499,832 -- --
2023 $35,797 $2,427,021 $0 $0
2022 $34,974 $2,356,331 $0 $0
2021 $35,365 $2,287,700 $0 $2,287,700
2020 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Keith Redding

    Seller's Agent in 2020

    Keith Redding

    WILLIAM RAVEIS REAL ESTATE

    (941) 388-0501

    27 in this area

    91 Total Sales

    Keith Redding
    Section Image
  • Sam Kasprzyk-Benge

    Seller Co-Listing Agent in 2020

    Sam Kasprzyk-Benge

    WILLIAM RAVEIS REAL ESTATE

    (941) 894-1255

    25 in this area

    66 Total Sales

    Sam Kasprzyk-Benge
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4478864

Stellar MLS

APN: 2026-12-4037

Florida Sarasota County Sarasota 34236 Downtown Sarasota

540 N Tamiami Trail Unit 1501, Sarasota, FL

This home is located at 540 N Tamiami Trail Unit 1501, Sarasota, FL 34236 since 24 September 2020 and is currently estimated at $4,276,835, approximately $1,178 per square foot. This property was built in 2020. 540 N Tamiami Trail Unit 1501 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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