NOT LISTED FOR SALE

Beach Terrace 5400 Ocean Blvd Unit 4-2 Sarasota, FL 34242

Estimated Value: $719,000 - $1,329,000

1 Bed
1 Bath
936 Sq Ft
$641/mo HOA Fee

Last Sold April 16, 2014

Last sale price $985,000 $1,052 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,111/month

17 Days on Market

Highlights

  • 180 Feet of Waterfront
  • Beach View
  • Public Beach
  • Phillippi Shores Elementary School Rated A
  • Water access To Gulf or Ocean
  • Heated Indoor Pool

About This Home

As of April 2014

Luxurious beach living with panoramic gulf and beach views! This exquisite 1 bedroom, 1 bath, 936 sq ft unit has been tastefully renovated and is ready for you to move right in. Wall to wall and floor to ceiling sliding glass doors look out to the turquoise waters, powdery white, crystal quartz sands of Siesta Key Beach, and give you breathtaking sunset views as night spreads. Accent lighting tucked into crown molding to add ambience * Dry bar with built in wine rack * Granite counters, wood cabinets, stainless steel appliances, and glass tile backsplash in kitchen * Ceramic Tile throughout unit * The Terrace, designed by Frank Folsom Smith, is a secure building with a decorator designed lobby, an area for exercise equipment, an elevated and heated Gulfside pool, a full-time on site manager and is situated on the edge of the Siesta Key Village and on one of the #1 beaches in the U.S. Unit is Beachside - Right front corner. Owner is offering the Buyer the opportunity to also purchase the adjacent studio unit (4-5 523 SF) for $399,000. The two units could be joined together to create a wrap around unit of 1,459 sq ft. See last 5 pictures in photo gallery.

Last Agent to Sell the Property

Betsy De Manio

COLDWELL BANKER REALTY License #0413658 Listed on: 02/28/2014

COLDWELL BANKER REALTY

Last Buyer's Agent

Nancy Endara

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3240423

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,589

Year Built

  • Built in 1970

Lot Details

  • Public Beach
  • End Unit
  • Northwest Facing Home
  • Zero Lot Line

HOA Fees

  • $641 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Pool

Home Design

  • Stem Wall Foundation

Interior Spaces

  • 936 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Storage Room
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Non-Toxic Pest Control

Pool

  • Heated Indoor Pool
  • Heated Spa
  • Outdoor Shower

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Outdoor Storage

Location

  • Property is near public transit

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Water Purifier
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0080251015

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, sewer, trash, water
  • $67 Other Monthly Fees
  • 70 Units
  • High-Rise Condominium
  • Terrace Subdivision
  • On-Site Maintenance
  • 16-Story Property

Recreation

  • Community Pool

Pet Policy

  • Pets up to 15 lbs
  • 2 Pets Allowed

Security

  • Hurricane or Storm Shutters
  • Storm Windows

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,589

Year Built

Built in 1970

Lot Details

0

HOA Fees

$641 per month

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Other
  • Fireplace: No
  • Living Area: 936
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 1292
  • Status: Sold
  • Floor Number: 4
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 7095
  • Other Fees Amount: 202
  • Property Description: Corner Unit, End Unit, High Rise
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 1.35117
  • Price per Sq Ft: 1052.35
  • Close to Original List Price Ratio: 1.35117
  • Ratio: Current Price\Building Area Total: 762.38
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Elevator, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Water Purifier Owned
  • Foundation Details: Stem Wall
  • Total Bedrooms: 1
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 16
  • Window Features: Blinds, Window Treatments, Storm Window(s)
  • Room Count: 4
  • Additional Rooms: Foyer, Great Room, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Storage
  • Pool Features: Heated, Indoor
  • Exterior Features: Balcony, Hurricane Shutters, Outdoor Shower, Sliding Doors, Storage
  • Roof: Other
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 180

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, None
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Amenities: Elevator(s), Maintenance
  • Association Fee: 1924
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Senior Community: No
  • Condo Fees Term: Quarterly
  • Other Fees Term: Quarterly
  • Monthly Condo Fee Amount: 641
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 8504
  • Monthly HOA Fee: 641.33
  • Total Monthly Fees: 708.67

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0080251015
  • Additional Parcels: No
  • Lot Features: In County, Near Public Transit, Sidewalk, Zero Lot Line
  • Millage Rate: 13.54
  • Future Land Use: 0405
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: HVAC
  • Green Indoor Air Qlty: Non Toxic Pest Control

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Very Small (Under 15 Lbs.)
  • Max Pet Weight: 15
  • Minimum Lease: 2 Months
  • Num Timesper Year: 6
  • Pet Restrictions: Up to 2 pets under 15 lbs.
  • Expected Lease Date: 2014-04-16T04:00:00.000Z

Multi Family

  • Number Of Units Total: 70
  • Waterfront Features: Beach - Public, Gulf/Ocean

Tax Info

  • Tax Annual Amount: 6589
  • Tax Book Number: 03/46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2014
Closed on
Apr 16, 2014
Sold by
Fried Joel
Bought by
Nothing Between Llc
Seller's Agent
Betsy De Manio
COLDWELL BANKER REALTY
Buyer's Agent
Nancy Endara
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$729,000
Sold Price
$985,000
Premium/Discount to List
$256,000
35.12%
Current Estimated Value
$1,062,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,846
Avg. Annual Appreciation
0.66%

Purchase Details

Closed on
Jan 5, 2009
Sold by
Dibiase Nicholl Arthur R and Dibiase Nicholl Susan K
Bought by
Fried Joel
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
Nothing Between Llc $985,000 Attorney
Fried Joel $510,000 Riddell Title & Escrow Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2014 04/16/14 Sold $985,000 +35.1% $1,052 / Sq Ft
03/18/2014 03/18/14 Pending -- -- --
02/28/2014 02/28/14 For Sale $729,000 -- $779 / 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 $10,886 $875,266 -- --
2023 $10,886 $1,002,400 $0 $1,002,400
2022 $9,554 $837,100 $0 $837,100
2021 $8,352 $657,600 $0 $657,600
2020 $9,689 $761,600 $0 $761,600
2019 $9,342 $773,700 $0 $773,700
2018 $7,870 $610,200 $0 $610,200
2017 $8,005 $610,200 $0 $610,200
2016 $8,196 $610,200 $0 $610,200
2015 $8,292 $601,200 $0 $601,200
2014 $7,110 $463,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Betsy De Manio

    Seller's Agent in 2014

    Betsy De Manio

    COLDWELL BANKER REALTY

    (941) 914-5540

    27 in this area

    71 Total Sales

    Betsy De Manio
    Section Image
  • Nancy Endara

    Buyer's Agent in 2014

    Nancy Endara

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 323-1700

    42 Total Sales

    Nancy Endara
    Section Image
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About Beach Terrace

Map

Source: Stellar MLS

MLS Number: A3993751

Stellar MLS

APN: 0080-25-1015

Florida Sarasota County Sarasota 34242

5400 Ocean Blvd Unit 4-2, Sarasota, FL

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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