NOT LISTED FOR SALE

540 N Tamiami Trail Unit 1604 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $3,310,741 - $3,814,000

3 Beds
4.5 Baths
3,550 Sq Ft
$1,535/mo HOA Fee

Last Sold September 15, 2021

Last sale price $2,950,000 $831 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $25,310/month

62 Days on Market

Highlights

  • Fitness Center
  • New Construction
  • 0.8 Acre Lot
  • Booker High School Rated A-
  • Full Bay or Harbor Views
  • Open Floorplan

About This Home

As of September 2021

Final Opportunities. From the Developer of The Ritz-Carlton Sarasota and Concession Golf Club and Residences, we proudly introduce BLVD Sarasota. This luxurious residence offers stunning 16th floor views and 3550 square feet of interior living space and a 1500 sqft wrap around terrace. The floor to ceiling glass provides stunning Bay and City views. With 2 floors of amenities including the 19th floor roof deck with resort style, zero horizon pool, outdoor kitchen, cabanas 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 cellar, a pet grooming salon, technology enhanced fitness center, and a 5th floor pet lawn are just a few other amenities unique only to BLVD. This luxury residence provides the size of a single family home with the concierge convenience of condominium living. Custom Irpinia cabinetry accompanied by quartz counters ensure a unique design tailored to your every desire. Natural gas is available for kitchen cooktops. 2 assigned parking spaces convey with each unit.

Last Agent to Sell the Property

Keith Redding

WILLIAM RAVEIS REAL ESTATE License #3265817 Listed on: 04/27/2021

WILLIAM RAVEIS REAL ESTATE

Co-Listed By

Sam Kasprzyk-Benge

WILLIAM RAVEIS REAL ESTATE License #3091049

Last Buyer's Agent

Joe Cleary

RE/MAX ALLIANCE GROUP License #0664433

RE/MAX ALLIANCE GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $38,151

Year Built

  • Built in 2020 | New Construction

Lot Details

  • End Unit
  • West Facing Home

HOA Fees

  • $1,535 Monthly HOA Fees

Property Views

  • Full Bay or Harbor
  • City

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 3,550 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Sliding Doors
  • Combination Dining and Living Room
  • Porcelain Tile

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Wrap Around Porch

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, internet, maintenance structure, ground maintenance, manager, pool maintenance, recreational facilities, sewer, trash, water
  • Michelle Lecroy Association, Phone Number (941) 529-7200
  • Visit Association Website
  • High-Rise Condominium
  • Blvd Sarasota Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 18-Story Property

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

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

Additional Features

  • Elevator
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$38,151

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, 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
  • Fireplace: No
  • Living Area: 3550
  • Lot Size Acres: 0.8
  • New Construction: Yes
  • Year Built: 2020
  • Building Area Total: 5080
  • Lot Size Sq Ft: 36800
  • Directions to Property: From Fruitville, north on Tamiami Trail. BLVD is located between 5th Street and Blvd of the Arts. If parking is not available under the building, please park on 5th St on the southside of the building.
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4499042?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4499042?w=Customer
  • 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: 830.99
  • Close to Original List Price Ratio: 1.01724
  • Ratio: Current Price\Building Area Total: 580.71
  • View: Yes
  • Co List Office Mls Id: 249523882
  • Co List Office Phone: 239-293-6225
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Porcelain Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, 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: 3
  • Levels: One
  • Stories: 18
  • Street Number Modifier: 540
  • Room Count: 8

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Other
  • Pool Private: No
  • View: City, Water
  • Water Body Name: Sarasota Bay
  • Waterfront: No
  • Patio and Porch Features: Covered, Wrap Around
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Partial
  • 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: Deed Restrictions, Fitness, Pool
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Lobby Key Required, Pool
  • Association Fee: 1535
  • Association Fee Frequency: Monthly
  • Association Name: Michelle LeCroy
  • Phone: 941-529-7200
  • Association: Yes
  • Senior Community: No
  • Association Website: blvdsarasota.com
  • Association Email: michelle.lecroy@fsresidential.com
  • Condo Land Included Y N: No
  • 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: 5401604
  • Additional Parcels: No
  • Flood Zone Code: AE

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: application to the board
  • 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
Apr 27, 2021
Closed on
Sep 15, 2021
Sold by
The Blvd Sarasota Llc
Bought by
Charles Dexter H and Russell Charles Lisa
Seller's Agent
Keith Redding
WILLIAM RAVEIS REAL ESTATE
Buyer's Agent
Joe Cleary
RE/MAX ALLIANCE GROUP
List Price
$2,950,000
Sold Price
$2,950,000
Current Estimated Value
$3,761,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$811,660
Avg. Annual Appreciation
4.81%
Original Mortgage
$1,917,500
Outstanding Balance
$1,747,597
Interest Rate
1.8%
Mortgage Type
New Conventional
Estimated Equity
$1,795,692
Source: Public Records

Range of Values:

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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
Charles Dexter H $2,950,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Charles Dexter H $1,917,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $2,950,000 0.0% $831 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $2,950,000 0.0% $831 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
05/03/2021 05/03/21 Price Changed $2,950,000 +1.7% $831 / Sq Ft
04/27/2021 04/27/21 For Sale $2,900,000 -- $817 / 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 $38,151 $2,664,026 -- --
2023 $38,151 $2,586,433 $0 $0
2022 $37,282 $2,511,100 $0 $2,511,100
2021 $33,571 $2,132,500 $0 $2,132,500
2020 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4499042

Stellar MLS

APN: 2026-12-4044