$870,000
PENDING $45K PRICE DROP

The Essex House 707 S Gulfstream Ave Unit 501 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated payment $6,643/month

Total Views 6,647
2 Beds
2 Baths
1,247 Sq Ft
$698 Price per Sq Ft

Highlights

  • White Water Ocean Views
  • Property Fronts a Bay or Harbor
  • In Ground Pool
  • Southside Elementary School Rated A
  • Fitness Center
  • Open Floorplan

About This Home

Under contract-accepting backup offers. Welcome to this beautifully designed corner unit at the prestigious Essex House, offering a spacious open floor plan and incredible panoramic views of the Bay. The abundant natural light floods the living spaces, creating an inviting atmosphere throughout. With expansive windows, you'll enjoy scenic vistas of the water, providing a serene backdrop to your everyday living. This unit combines modern elegance with comfort, making it the perfect place to call home. This two-bedroom, two-bathroom home is perfect for modern living and entertaining. The building offers an array of exceptional amenities, including secure entry and parking, a sparkling pool, a fully equipped fitness center, and a stylish Club Room for socializing or relaxing. With its prime location and luxurious features, this home is a rare find!

Listing Agent

Ingrid Walker

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-388-4447 License #3292350 Listed on: 04/08/2025

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,581

Year Built

  • Built in 1974

Lot Details

  • West Facing Home

HOA Fees

  • $998 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Reserved Parking
  • Assigned Parking

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,247 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Living Room
  • Dining Room

Kitchen

  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Access to Bay or Harbor
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, pest control, sewer, trash, water
  • Association Phone (941) 364-9196
  • Essex House Subdivision
  • The community has rules related to deed restrictions
  • Community features wheelchair access
  • 12-Story Property

Amenities

  • Elevator

Recreation

Pet Policy

  • Pets up to 20 lbs
  • Pet Size Limit
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,581

Year Built

Built in 1974

Lot Details

0

HOA Fees

$998 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1247
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1338
  • Directions to Property: From Main St. head south on Us 41, left on Ringling and immediate right on Gulfstream Ave. Building is on left after the Stop sign, parking on north side of the building or on Gulfstream Avenue. Gate is locked on Palm Avenue so no entry from that side.
  • Status: Pending
  • Street Direction: S
  • Ownership: Condominium
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 5
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1-2 Years
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 697.67
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-388-4447
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 12
  • Window Features: Blinds
  • Street Number Modifier: 707
  • Living Area Meters: 115.85
  • Room Count: 5

Exterior Features

  • Direction Faces: West
  • Pool Features: In Ground
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Built-Up
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: Bay/Harbor
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Reserved, Basement

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness Center, Pool, Wheelchair Access
  • Association Amenities: Elevator(s), Pool
  • Phone: 941-364-9196
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Please see documents for restrictions.
  • Building Name Number: ESSEX HOUSE
  • Condo Fees: 2995
  • Condo Land Included YN: 0
  • Max Pet Weight: 20
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 998
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 11980.00
  • Total Monthly Fees: 998.33

Schools

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

Lot Info

  • Zoning: DTB
  • Parcel Number: 2036031027
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Rental Info

  • Pets Allowed: Number Limit, Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please see documents for restrictions.

Tax Info

  • Tax Annual Amount: 9580.54
  • Tax Book Number: 1045-1504
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Bay/Harbor
  • Approval Process: Please see documents for process - Non-Refundable Processing Fee & Approval Required for Purchase or Lease.

Map

About The Essex House

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $8,974 $581,115 -- --
2023 $8,974 $679,300 $0 $679,300
2022 $8,309 $631,000 $0 $631,000
2021 $6,972 $436,600 $0 $436,600
2020 $6,854 $417,900 $0 $417,900
2019 $6,590 $402,400 $0 $402,400
2018 $7,835 $479,300 $0 $479,300
2017 $7,910 $479,300 $0 $479,300
2016 $7,975 $479,600 $0 $479,600
2015 $7,365 $427,600 $0 $427,600
2014 $7,208 $377,400 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Pending -- -- --
06/03/2025 06/03/25 Price Changed $870,000 -2.2% $698 / Sq Ft
04/21/2025 04/21/25 Price Changed $890,000 -2.7% $714 / Sq Ft
04/08/2025 04/08/25 For Sale $915,000 +67.9% $734 / Sq Ft
04/10/2020 04/10/20 Sold $545,000 -5.2% $437 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
02/18/2020 02/18/20 For Sale $575,000 -- $461 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $545,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $542,500 Barnes Walker Title Inc
Warranty Deed $434,000 --
Warranty Deed -- --
Personal Reps Deed $295,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $436,000 New Conventional
Previous Owner $390,000 Unknown
Previous Owner $406,875 Negative Amortization
Previous Owner $340,000 Purchase Money Mortgage
Previous Owner $236,000 No Value Available
Source: Public Records

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Source: Stellar MLS

MLS Number: A4648111

Stellar MLS

APN: 2036-03-1027

Florida Sarasota County Sarasota 34236 Downtown Sarasota

707 S Gulfstream Ave Unit 501, Sarasota, FL

This home is located at 707 S Gulfstream Ave Unit 501, Sarasota, FL 34236 and is currently priced at $870,000, approximately $697 per square foot. This property was built in 1974. 707 S Gulfstream Ave Unit 501 is a home located in Sarasota County with nearby schools including Southside Elementary School, Booker Middle School, and Sarasota High School.

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

Nearby Homes
Ingrid Walker
Listing Agent
Ingrid Walker
Section Image
MICHAEL SAUNDERS & COMPANY
(941) 269-1212