NOT LISTED FOR SALE

Embassy House 770 S Palm Ave Unit 1103 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $879,211 - $980,000

2 Beds
2 Baths
1,397 Sq Ft
$1,207/mo HOA Fee

Last Sold February 10, 2023

Last sale price $900,000 $644 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,932/month

163 Days on Market

Highlights

  • Water Views
  • Fitness Center
  • Bamboo Flooring
  • Southside Elementary School Rated A
  • Open Floorplan
  • Main Floor Primary Bedroom

About This Home

As of February 2023

Spectacular View of Sarasota Bay from this 11th floor 2 bedroom, 2 bathroom condo! You can't help but love this location in the Sarasota Downtown area and walking distance to many restaurants, theater's, live music, boating, which is in close proximity to this Complex. 3 month minimum lease and NO waiting to lease after purchase. Sunrise and Sunsets are amazing. Updated kitchen with quartz counters. Guest bathroom has also been updated. Building lobby renovation was designed by Sweet Sparkman. Recently redesigned Community pool, fitness center, landscaping and exterior building painting were completed by the Association. There are now electric charging stations in the parking area for owners. Marina Jack's a half mile walk or ride, VanWezel Performing Arts Hall 1.5 miles, Sarasota Opera .7 mile, Asolo Repertory Theatre 4.3 miles, Burns Court Theater .3 mile, St. Armands Circle and Lido Beach 3.5 miles, Cinebistro Theater 2.9 miles, and Selby Botanical Gardens is across the street (Mound Ave.) So many things to do right in the area. Pets: only cats 36 lbs. or less are allowed. Owners are responsible for windows, not the Association. Absolutely ideal location.

Last Agent to Sell the Property

Nancy Fish-Mooney

FINE PROPERTIES License #3202704 Listed on: 08/02/2022

FINE PROPERTIES

Last Buyer's Agent

Bradford Hanley

CARON REALTY INC License #0426184

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,142

Year Built

  • Built in 1975

Lot Details

  • West Facing Home
  • Land Lease expires 1/15/23

HOA Fees

  • $1,207 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Concrete Roof
  • Stucco

Interior Spaces

  • 1,397 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Separate Formal Living Room
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Bamboo
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Location

  • City Lot

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, community pool, maintenance structure, ground maintenance, maintenance repairs, manager, pool maintenance, recreational facilities
  • Stephanie Daza Association
  • Argus Property Management Association
  • High-Rise Condominium
  • Embassy House Community
  • Embassy House Subdivision
  • The community has rules related to building or community restrictions, deed restrictions
  • Rental Restrictions
  • 18-Story Property

Amenities

  • Laundry Facilities
  • Elevator
  • Community Mailbox

Recreation

Pet Policy

  • Pets Allowed
  • Pets up to 36 lbs

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,142

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,207 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Community Pool, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pool Maintenance, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1397
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1520
  • Directions to Property: Corner of Mound and S. Palm Avenue.
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4543548?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4543548?w=Customer
  • Floor Number: 11
  • Homestead Y N: No
  • Unit Number Y N: No
  • Property Description: High Rise
  • Ratio: Close Price\List Price: 0.90452
  • Price per Sq Ft: 644.24
  • Close to Original List Price Ratio: 0.72
  • Ratio: Current Price\Building Area Total: 592.11
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Bamboo, Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Ceiling Fans(s), Master Bedroom Main Floor, Open Floorplan, Stone Counters, Thermostat, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 18
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 770
  • Room Count: 5
  • Additional Rooms: Formal Dining Room Separate, Formal Living Room Separate
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Concrete
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Screened
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0133F
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Lead Paint, Other

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Guest
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Community Mailbox, Deed Restrictions, Fitness, Pool, Sidewalk, Special Community Restrictions
  • Association Amenities: Elevator(s), Fitness Center, Laundry, Lobby Key Required, Pool
  • Association Fee Frequency: Quarterly
  • Association Name: Stephanie Daza
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 3620
  • Condo Fees Term: Quarterly
  • Association Email: sd.embassyhousesrq@gmail.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1207
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes
  • Association: Argus Property Management

Fee Information

  • Total Annual Fees: 14480
  • Total Monthly Fees: 1206.67

Lot Info

  • Zoning: DTB
  • Parcel Number: 2036032040
  • Additional Parcels: No
  • Lot Features: City Lot
  • Flood Zone Code: VE
  • Flood Zone Date: 2016-11-04
  • Land Lease Expiration Date: 2023-01-15
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Max Pet Weight: 36
  • Minimum Lease: 3 Months
  • Approval Process: Association Application required
  • Num Timesper Year: 4
  • Pet Restrictions: No Dogs allowed, cats only.
  • Lease Restrictions Y N: Yes
  • Currency Monthly Rent Amt: 4500
  • Month To Month Or Weekly Y N: No
  • Additional Lease Restrictions: No Dogs allowed, cats only

Tax Info

  • Tax Annual Amount: 6142
  • Tax Book Number: 1140-1847
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2022
Closed on
Feb 17, 2023
Sold by
Wolff Marilyn C
Bought by
Bonder Merrill
Seller's Agent
Nancy Fish-Mooney
FINE PROPERTIES
Buyer's Agent
Bradford Hanley
CARON REALTY INC
List Price
$1,250,000
Sold Price
$900,000
Premium/Discount to List
-$350,000
-28%
Views
77
Current Estimated Value
$910,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,553
Avg. Annual Appreciation
0.43%

Purchase Details

Listed on
Aug 2, 2022
Closed on
Feb 9, 2023
Sold by
Wolff Marilyn C
Bought by
Bonder Merrill
Seller's Agent
Nancy Fish-Mooney
FINE PROPERTIES
Buyer's Agent
Bradford Hanley
CARON REALTY INC
List Price
$1,250,000
Sold Price
$900,000
Premium/Discount to List
-$350,000
-28%
Views
77
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
Bonder Merrill $900,000 --
Bonder Merrill $900,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2023 02/10/23 Sold $900,000 -9.5% $644 / Sq Ft
01/13/2023 01/13/23 Pending -- -- --
11/14/2022 11/14/22 Price Changed $995,000 -7.0% $712 / Sq Ft
10/22/2022 10/22/22 Price Changed $1,070,000 -0.5% $766 / Sq Ft
10/09/2022 10/09/22 Price Changed $1,075,000 -2.3% $770 / Sq Ft
08/24/2022 08/24/22 Price Changed $1,100,000 -4.3% $787 / Sq Ft
08/12/2022 08/12/22 Price Changed $1,150,000 -8.0% $823 / Sq Ft
08/02/2022 08/02/22 For Sale $1,250,000 +25.6% $895 / Sq Ft
05/04/2022 05/04/22 Sold $995,000 0.0% $712 / Sq Ft View Prior Sale
04/07/2022 04/07/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $995,000 -- $712 / 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 $11,385 $784,700 -- $784,700
2023 $11,385 $753,300 $0 $753,300
2022 $6,104 $433,225 $0 $0
2021 $6,142 $420,607 $0 $0
2020 $6,208 $414,800 $0 $414,800
2019 $6,502 $434,400 $0 $434,400
2018 $7,499 $456,700 $0 $456,700
2017 $7,570 $456,700 $0 $456,700
2016 $7,617 $457,000 $0 $457,000
2015 $7,038 $407,500 $0 $407,500
2014 $6,452 $335,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nancy Fish-Mooney

    Seller's Agent in 2023

    Nancy Fish-Mooney

    FINE PROPERTIES

    (941) 932-0206

    2 in this area

    65 Total Sales

    Nancy Fish-Mooney
    Section Image

  • B

    Buyer's Agent in 2023

    Bradford Hanley

    CARON REALTY INC

    (941) 957-6615

    2 in this area

    5 Total Sales

    Bradford Hanley
    Section Image
  • Tammy Garner

    Seller's Agent in 2022

    Tammy Garner

    COLDWELL BANKER REALTY

    (941) 374-4161

    14 in this area

    96 Total Sales

    Tammy Garner
    Section Image
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About Embassy House

Map

Source: Stellar MLS

MLS Number: A4543548

Stellar MLS

APN: 2036-03-2040

Florida Sarasota County Sarasota 34236 Downtown Sarasota

770 S Palm Ave Unit 1103, 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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