NOT LISTED FOR SALE

Embassy House 770 S Palm Ave Unit 703 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $869,000 - $892,372

2 Beds
2 Baths
1,516 Sq Ft
$852/mo HOA Fee

Last Sold April 20, 2020

Last sale price $500,000 $330 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $6,051/month

82 Days on Market

Highlights

  • 26 Feet of Waterfront
  • White Water Ocean Views
  • Custom Home
  • Southside Elementary School Rated A
  • Fitness Center
  • Deck

About This Home

As of April 2020

HUGE PRICE REDUCTION - AMAZINGLY LOW PRICE! WITH THESE SPECTACULAR VIEWS EVERY DAY CAN END WITH A BEAUTIFUL SUNSET! View the sailboats and marina, downtown, as well as Bird, Longboat and Lido Keys and out through the pass to the Gulf of Mexico! Turnkey, beautifully furnished and ready for a quick move in with new hurricane shutters! Pure luxury as you walk into the professionally decorated entrance on the 7th floor into this spacious and upgraded 2 bedroom 2 bath condo with gorgeous hardwood flooring, an open floor plan with a bright and cheery kitchen, a dining/leisure room and an extended living room and window enclosed balcony with vast long water views that explode in spectacular colors as the sun rises and sets. The master suite has a private bathroom with access to the balcony that adjoins the second bedroom and guest bath. With in-house security this building has a brick-paved entry, driveway, heated pool area looking out over Sarasota Bay with recently renovated lobby, baths, an exercise room, and a club room with a kitchen. Perfect for either a 2nd home or a full time residence. The perfect location, Embassy House is just a hop-skip-jump to Bay Front Park, Marina Jacks and convenient to Burns Court & Main Street for arts and culture, Saturday's Farmers Market, shopping, fine dining, St Armand’s Circle and area beaches. THIS IS A MUST SEE, SCHEDULE YOUR SHOWING TODAY!

Last Agent to Sell the Property

Brett Keyser, Jr

RE/MAX ALLIANCE GROUP License #3215754 Listed on: 11/27/2019

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Kerry Langman

COLDWELL BANKER REALTY License #0626616

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,102

Year Built

  • Built in 1975

Lot Details

  • West Facing Home

HOA Fees

  • $852 Monthly HOA Fees

Home Design

  • Custom Home
  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,516 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Location

  • Property is near public transit
  • City Lot

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, recreational facilities, security, sewer, trash, water
  • Embassy House Association, Phone Number (941) 955-5488
  • High-Rise Condominium
  • Embassy House Community
  • Embassy House Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions
  • Rental Restrictions
  • 18-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Recreation Facilities

Pet Policy

  • 2 Pets Allowed

Security

  • Security Service
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,102

Year Built

Built in 1975

Lot Details

0

HOA Fees

$852 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1516
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1672
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4452562?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4452562?w=Customer
  • Floor Number: 7
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: High Rise
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.90909
  • Price per Sq Ft: 329.82
  • Close to Original List Price Ratio: 0.86957
  • Ratio: Current Price\Building Area Total: 299.04
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Solid Surface Counters
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 18
  • Window Features: Blinds
  • Room Count: 6
  • Additional Rooms: Great Room
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Hurricane Shutters, Sliding Doors
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View: Bay/Harbor - Full
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0133F
  • Waterfront Frontage: 26
  • Water Frontage Feet Bay Harbor: 26
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, No Truck/RV/Motorcycle Parking, Pool
  • Association Amenities: Elevator(s), Fitness Center, Laundry, Maintenance, Recreation Facilities, Security, Vehicle Restrictions
  • Association Fee: 2555
  • Association Fee Frequency: Quarterly
  • Association Name: Embassy House
  • Phone: 941 955-5488
  • Association: Yes
  • Senior Community: No
  • Association Email: embassyhouseSRQ@gmail.com
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 10220
  • Monthly HOA Fee: 851.67
  • Total Monthly Fees: 851.67

Schools

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

Lot Info

  • Zoning: DTB
  • Parcel Number: 2036032024
  • Additional Parcels: No
  • Lot Features: City Lot, Near Public Transit
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Number Limit, Yes
  • Minimum Lease: 3 Months
  • Approval Process: Application fee $100 / Board Approval required w/application see Association Documents
  • Pet Restrictions: Up to 2 Cats Allowed. Please see attached HOA Docus.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: No Unit may be rented or leased for less than three (3) months.

Tax Info

  • Tax Annual Amount: 7102
  • Tax Book Number: 1140-1847
  • Tax Lot: 703

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2025
Sold by
Stull Randy J and Stull Vanessa A
Bought by
Stull Randy J and Stull Vanessa A
Current Estimated Value
$875,093

Purchase Details

Listed on
Nov 27, 2019
Closed on
Apr 20, 2020
Sold by
Cusano Anthony and Cusano Gina
Bought by
Stull Randy J and Stull Vanessa A
Seller's Agent
Brett Keyser, Jr
RE/MAX ALLIANCE GROUP
Buyer's Agent
Kerry Langman
COLDWELL BANKER REALTY
List Price
$575,000
Sold Price
$500,000
Premium/Discount to List
-$75,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.67%
Original Mortgage
$400,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2005
Sold by
Deters Brian J and Deters Bettina B
Bought by
Cusano Anthony and Cusano Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2003
Sold by
Golzwarden Henry
Bought by
Detters Brian J and Deters Bettina B

Purchase Details

Closed on
Sep 24, 1999
Sold by
Mintz Elaine P
Bought by
Golzwarden Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.22%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Stull Randy J $100 None Listed On Document
Stull Randy J $500,000 Sunbelt Title Agency
Cusano Anthony $640,000 --
Detters Brian J $325,000 --
Golzwarden Henry $269,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stull Randy J $400,000
Previous Owner Cusano Anthony $512,000
Previous Owner Golzwarden Henry $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2020 04/20/20 Sold $500,000 -9.1% $330 / Sq Ft
02/16/2020 02/16/20 Pending -- -- --
01/10/2020 01/10/20 Price Changed $550,000 -4.3% $363 / Sq Ft
11/26/2019 11/26/19 For Sale $575,000 0.0% $379 / Sq Ft
08/17/2018 08/17/18 Off Market $2,600 -- --
09/05/2017 09/05/17 Rented $2,600 0.0% --
07/20/2017 07/20/17 Price Changed $2,600 -3.7% $2 / Sq Ft
03/30/2017 03/30/17 For Rent $2,700 -- --
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 $7,325 $532,571 -- --
2023 $7,325 $517,059 $0 $0
2022 $7,126 $501,999 $0 $0
2021 $5,864 $402,717 $0 $0
2020 $6,466 $392,000 $0 $392,000
2019 $6,745 $410,600 $0 $410,600
2018 $7,102 $431,800 $0 $431,800
2017 $7,169 $431,800 $0 $431,800
2016 $7,372 $432,000 $0 $432,000
2015 $6,825 $385,200 $0 $385,200
2014 $6,270 $316,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brett Keyser, Jr

    Seller's Agent in 2020

    Brett Keyser, Jr

    RE/MAX

    (941) 957-8425

    7 in this area

    186 Total Sales

    Brett Keyser, Jr
    Section Image
  • Kerry Langman

    Buyer's Agent in 2020

    Kerry Langman

    COLDWELL BANKER REALTY

    (941) 705-0573

    2 in this area

    168 Total Sales

    Kerry Langman
    Section Image
See All Agents

About Embassy House

Map

Source: Stellar MLS

MLS Number: A4452562

Stellar MLS

APN: 2036-03-2024

Florida Sarasota County Sarasota 34236 Downtown Sarasota

770 S Palm Ave Unit 703, 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

Nearby Homes