NOT LISTED FOR SALE

540 N Tamiami Trail Unit 1601 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $4,100,000 - $4,661,000

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

Last Sold October 07, 2020

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

Est. 39% increase in value since last sale

Current estimated payment $28,667/month

1 Day on Market

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 October 2020

Property sold "Designer Ready". Sold Data Purposes Only

Last Agent to Sell the Property

Keith Redding

WILLIAM RAVEIS REAL ESTATE License #3265817 Listed on: 10/05/2020

WILLIAM RAVEIS REAL ESTATE

Co-Listed By

Sam Kasprzyk-Benge

WILLIAM RAVEIS REAL ESTATE License #3091049

Last Buyer's Agent

Andree Huffine

COLDWELL BANKER REALTY License #3051858

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $46,118

Year Built

  • Built in 2020 | New Construction

Lot Details

  • End Unit
  • West Facing Home
  • 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
  • Tray Ceiling
  • High Ceiling
  • Combination Dining and Living Room
  • 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

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • 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

  • Tax Lot 2
  • Assessor Parcel Number 54015601

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
  • Rental Restrictions
  • 18-Story Property

Amenities

  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$46,118

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
  • Directions to Property: Site located between Blvd of the Arts and 5th St. Two blocks north from Fruitville.
  • 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), Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s), 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: 3
  • 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, Deck
  • 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: 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: Fitness, Pool
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Pool, Spa/Hot Tub
  • 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: 54015601
  • 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: See condo docs
  • 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
Oct 5, 2020
Closed on
Sep 29, 2020
Sold by
The Blvd Sarasota Llc
Bought by
Glazer Jeffrey J and Glazer Bonnie H
Seller's Agent
Keith Redding
WILLIAM RAVEIS REAL ESTATE
Buyer's Agent
Andree Huffine
COLDWELL BANKER REALTY
List Price
$3,100,000
Sold Price
$3,100,000
Current Estimated Value
$4,307,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,207,515
Avg. Annual Appreciation
6.38%
Source: Public Records

Range of Values:

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Average Value
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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
Glazer Jeffrey J $3,100,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2020 10/07/20 Sold $3,100,000 0.0% $854 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
10/05/2020 10/05/20 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 $46,118 $3,082,862 -- --
2023 $46,118 $3,483,800 $0 $3,483,800
2022 $43,417 $3,346,600 $0 $3,346,600
2021 $36,414 $2,316,200 $0 $2,316,200
2020 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4480248

Stellar MLS

APN: 2026-12-4041