$1,000,000
SOLD DEC 14, 2021
2 Beds
2 Baths
1,721 Sq Ft
$1,201/mo HOA Fee

Recently Sold

$581 Per Sq Ft

3% Above List Price

9 Days on Market

Highlights

  • White Water Ocean Views
  • Fitness Center
  • Penthouse
  • Southside Elementary School Rated A
  • Property is near a marina
  • Open Floorplan

About This Home

As of October 2023

This spacious penthouse unit will dazzle your senses with spectacular views in every direction from the city sunrise to the sunset skies over Sarasota Bay, the Keys, Big Pass, the Gulf and beyond. Floor to ceiling windows flood the main living areas with light throughout the day and enhance that feeling of being above it all surrounded by breath-taking vistas. The impressive great room was created by eliminating the third bedroom and opening the kitchen to provide a relaxed flow for every-day living and entertaining. However, if you so desire, this spacious floor plan could easily be reconfigured to its original design. A 50’ screened balcony spans the east side of the unit with sliding door access from the great room and both bedrooms, offering an airy loft for morning coffee overlooking historic Burns Court or evening cocktails enjoying the city lights. The generous master suite includes ample closets and built-in storage along with a 5-piece sectioned bath. The second bedroom currently serves as a multi-purpose space with a walk-in closet and inviting office niche with a view. Bonus features include the in-unit laundry, 2 secure garage parking spaces and additional personal storage area. Essex House has a heated saltwater pool, gazebo for grilling & outdoor entertaining as well as a fitness center, saunas, workshop room, community spaces and on-site manager. Conveniently located between Palm Avenue and Sarasota Bay. Walk to all that downtown Sarasota has to offer - theater, shops, restaurants, art galleries, Selby Gardens, Burns Court, farmer's market, open-air music venues and more. An exceptional opportunity to live the downtown waterfront lifestyle!

Last Agent to Sell the Property

Marci McFarland

MICHAEL SAUNDERS & COMPANY License #3205247 Listed on: 10/06/2021

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Marybeth Flynn

MICHAEL SAUNDERS & COMPANY License #3439310

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,618

Year Built

  • Built in 1974

Lot Details

  • End Unit
  • West Facing Home

HOA Fees

  • $1,201 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Secured Garage or Parking
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Property Views

Home Design

  • Penthouse
  • Slab Foundation
  • Built-Up Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,721 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Combination Dining and Living Room
  • Inside Utility
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property is near a marina
  • Balcony
  • Screened Patio
  • Outdoor Grill

Location

  • City Lot

Schools

  • Southside Elementary School
  • Booker Middle School
  • Sarasota High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, maintenance structure, ground maintenance, manager, pest control, security, sewer, trash, water
  • Cindy Lang Association, Phone Number (941) 364-9196
  • High-Rise Condominium
  • Essex House Subdivision
  • Rental Restrictions
  • 11-Story Property

Amenities

  • Elevator

Recreation

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed
  • Small pets allowed

Security

  • Security Service
  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,618

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,201 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 1721
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1961
  • Directions to Property: US 41 to Ringling Blvd, first right onto Gulfstream Avenue.
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4514385?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4514385?w=Customer
  • Floor Number: 10
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Subdivision Num: 7271
  • Property Description: Corner Unit, High Rise, Penthouse
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 1.03413
  • Price per Sq Ft: 581.06
  • Close to Original List Price Ratio: 1.03413
  • Ratio: Current Price\Building Area Total: 509.94
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 11
  • Street Number Modifier: 707
  • Room Count: 5
  • Additional Rooms: Inside Utility

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Outdoor Grill
  • Roof: Built-Up
  • Pool Private: No
  • View: City, Water
  • Water Body Name: Sarasota Bay
  • Waterfront: No
  • Patio and Porch Features: Screened
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Circular Driveway, Garage Door Opener, Guest, Off Street
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fitness, Pool
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Lobby Key Required, Pool, Security
  • Association Name: Cindy Lang
  • Phone: 941-364-9196
  • Association: No
  • Security: Fire Sprinkler System, Key Card Entry, Secured Garage/Parking, Smoke Detector(s), Fire/Smoke Detection Integration
  • Senior Community: No
  • Condo Fees: 3603
  • Condo Fees Term: Quarterly
  • Association Email: manager@essexhousesarasota.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1201
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 14412
  • Total Monthly Fees: 1201

Schools

  • Elementary School: Southside Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: DTB
  • Parcel Number: 2036031074
  • Additional Parcels: No
  • Lot Features: City Lot, Near Marina, Sidewalk
  • Flood Zone Code: AE
  • Zoning Compatible Y N: Yes

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Minimum Lease: 1-2 Years
  • Approval Process: Application and Approval required.
  • Num Timesper Year: 1
  • Pet Restrictions: 1 dog or 2 cats. See Condo Documents.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Maximum number of rentals in building, there may be a waiting list. Tenants no pets. See Condo Documents.

Tax Info

  • Tax Annual Amount: 7617.75
  • Tax Book Number: 08/05
  • Tax Lot: 1008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2023
Closed on
Oct 30, 2023
Sold by
Ellis Kathleen
Bought by
Kruse George
Seller's Agent
Judy Wright, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Arno Isaian
REALTY ONE GROUP SUNSHINE
List Price
$1,050,000
Sold Price
$999,000
Premium/Discount to List
-$51,000
-4.86%
Views
226
Current Estimated Value
$1,011,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,534
Avg. Annual Appreciation
1.50%

Purchase Details

Listed on
Oct 6, 2021
Closed on
Dec 14, 2021
Sold by
Dix Max W
Bought by
Ellis Kathleen
Seller's Agent
Marci McFarland
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Marybeth Flynn
MICHAEL SAUNDERS & COMPANY
List Price
$967,000
Sold Price
$1,000,000
Premium/Discount to List
$33,000
3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.05%
Original Mortgage
$700,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2002
Sold by
Cesario Anthony J and Cesario Norma J
Bought by
Babcock Kathleen M and Sharell Gilbert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.8%

Purchase Details

Closed on
Apr 28, 2000
Sold by
Woelffer Donna Mae Stewart
Bought by
Cesario Anthony J and Cesario Norma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.24%

Purchase Details

Closed on
Apr 30, 1998
Sold by
Woelffer Donna Mae Stewart and Woelffer Deanne R
Bought by
Woelffer Donna Mae Stewart

Purchase Details

Closed on
Mar 6, 1998
Sold by
Woelffer Donna Mae Stewart
Bought by
Woelffer Donna Mae Stewart and Woelffer Deane R

Purchase Details

Closed on
Nov 1, 1996
Sold by
Woodruff Jackson A and Woodruff Janet P
Bought by
Woelffer Donna Mae Stewart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
8.15%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $999,000 Suncoast One Title & Closings
Warranty Deed $1,000,000 Attorney
Warranty Deed $500,000 --
Warranty Deed $382,500 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $195,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $700,000 New Conventional
Previous Owner $300,000 No Value Available
Previous Owner $7,250 Credit Line Revolving
Previous Owner $250,000 No Value Available
Previous Owner $185,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2023 10/30/23 Sold $999,000 -4.9% $580 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
09/22/2023 09/22/23 For Sale $1,050,000 +5.1% $610 / Sq Ft
09/21/2023 09/21/23 Off Market $999,000 -- --
07/25/2023 07/25/23 Price Changed $1,050,000 -4.5% $610 / Sq Ft
06/09/2023 06/09/23 Price Changed $1,100,000 -8.3% $639 / Sq Ft
04/15/2023 04/15/23 For Sale $1,200,000 +20.0% $697 / Sq Ft
12/14/2021 12/14/21 Sold $1,000,000 +3.4% $581 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $967,000 -- $562 / 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 $12,844 $838,600 -- $838,600
2023 $12,844 $847,600 $0 $847,600
2022 $12,083 $792,200 $0 $792,200
2021 $8,355 $538,500 $0 $538,500
2020 $7,618 $460,900 $0 $460,900
2019 $7,854 $477,100 $0 $477,100
2018 $0 $561,300 $0 $561,300
2017 $9,306 $561,300 $0 $561,300
2016 $9,480 $561,600 $0 $561,600
2015 $6,738 $500,700 $0 $500,700
2014 $6,728 $414,224 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4514385

Stellar MLS

APN: 2036-03-1074