NOT LISTED FOR SALE

Estimated Value: $629,000 - $770,000

3 Beds
2 Baths
1,904 Sq Ft
$370/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $535,000 $281 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,291/month

About This Home

As of March 2021

Coming available August 1st, 2022! An extremely rare opportunity to rent a penthouse apartment with showstopping water views in one of Sarasota’s most beautiful and exclusive communities. With its gorgeous trees and plantings, nature trails and preserves and stunning bayfront location, The Landings offers the ultimate resort lifestyle, complete with one of the region’s top tennis clubs with 8 har-tru courts, a large heated pool, fitness center and 300 acres of landscaped winding roads. Homes here are nestled into the beautiful natural setting, creating the feeling of seclusion and luxury that makes this neighborhood so special. West of the Trail and 10 minutes away from the nation’s No. 1 Beach, it’s also just steps away from fine restaurants and shopping and a short drive to downtown.

This bright and spacious fourth-floor, three-bedroom penthouse, has sweeping, spectacular views from every room. You’ll watch boats going by on the Intracoastal, admire scenic mangrove islands and enjoy gorgeous sunsets every night. The gourmet kitchen has stainless steel appliances, fine wood cabinetry and granite countertops; the master bedroom boasts an updated ensuite bath. The penthouse is fully furnished with high-end, coastal-style furniture and accessories. There’s plenty of room for entertaining or guests, and with only three units per floor in this building, you’ll feel you’re coming home every day to a private, intimate retreat. And for an added bonus, the penthouse is right next to the clubhouse, with its workout facilities, pool and tennis courts and meeting rooms.

Known for its active, sociable lifestyle, the Landings is gated, with 24 hours of security and a driving night patrol. You will enjoy full access to all the club and community amenities and will also have a designated covered parking spot and plenty of nearby additional parking. Rental opportunities are few and far between here, especially those with the views, location and amenities this one offers.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
Mar 1, 2021
Sold by
Geifman Steven R and Geifman Richard G
Bought by
Rosemary Court Properties Llc
Seller's Agent
Mara Daniel
LIVE MODERN
Buyer's Agent
Mara Daniel
LIVE MODERN
Sold Price
$3,200
Current Estimated Value
$705,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$702,000
Avg. Annual Appreciation
7.03%

Purchase Details

Listed on
Jan 15, 2014
Closed on
Mar 7, 2014
Sold by
Black Erry R
Bought by
Geifman Steven R and Geifman Richard G
Seller's Agent
Andrea Smith
COLDWELL BANKER REALTY
Buyer's Agent
Andrea Smith
COLDWELL BANKER REALTY
List Price
$595,000
Sold Price
$547,600
Premium/Discount to List
-$47,400
-7.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.33%
Original Mortgage
$227,600
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 4, 2006
Sold by
Blum Milton R and Blum Priscilla
Bought by
Black Terry R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 24, 1997
Sold by
Blum Milton and Blum Priscilla
Bought by
Blum Milton R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rosemary Court Properties Llc $535,000 Sarasota Title Services Inc
Geifman Steven R $547,600 Attorney
Black Terry R $650,000 --
Blum Milton R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Geifman Steven R $227,600
Previous Owner Black Terry R $100,000
Previous Owner Black Terry R $360,000
Previous Owner Black Terry R $350,000
Previous Owner Blum Milton R $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2022 05/21/22 Rented $4,000 -9.1% --
11/08/2021 11/08/21 For Rent $4,400 +37.5% --
03/07/2021 03/07/21 Rented $3,200 0.0% --
03/01/2021 03/01/21 Sold $535,000 0.0% $281 / Sq Ft
02/17/2021 02/17/21 For Rent $3,200 0.0% --
02/07/2021 02/07/21 Pending -- -- --
01/04/2021 01/04/21 Price Changed $545,900 -0.7% $287 / Sq Ft
01/04/2021 01/04/21 Price Changed $549,900 -7.6% $289 / Sq Ft
10/06/2020 10/06/20 Price Changed $595,450 -3.8% $313 / Sq Ft
09/24/2020 09/24/20 For Sale $619,000 +13.0% $325 / Sq Ft
03/07/2014 03/07/14 Sold $547,600 -8.0% $279 / Sq Ft
02/08/2014 02/08/14 Pending -- -- --
01/15/2014 01/15/14 For Sale $595,000 -- $303 / Sq Ft

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 $6,581 $552,400 -- $552,400
2023 $6,581 $533,300 $0 $533,300
2022 $5,885 $461,200 $0 $461,200
2021 $4,139 $314,900 $0 $314,900
2020 $3,683 $259,900 $0 $259,900
2019 $4,658 $342,100 $0 $342,100
2018 $4,955 $367,100 $0 $367,100
2017 $4,898 $356,100 $0 $356,100
2016 $5,008 $356,100 $0 $356,100
2015 $5,883 $412,800 $0 $412,800
2014 $2,868 $216,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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