NOT LISTED FOR SALE

Estimated Value: $979,000 - $1,297,000

2 Beds
2 Baths
1,729 Sq Ft
$1,634/mo HOA Fee

Last Sold April 12, 2024

Last sale price $1,295,000 $749 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $8,869/month

56 Days on Market

Highlights

  • 1,000 Feet of Bay Harbor Waterfront
  • White Water Ocean Views
  • Fishing Pier
  • Booker High School Rated A-
  • Dock has access to electricity and water
  • 3-minute walk to Central Broadway Park

About This Home

As of April 2024

PRICE REDUCED TO BELOW COMPS. OWNER WANTS IT SOLD. Spectacular bayfront property...where downtown Sarasota meets the bay.. Downtown Sarasota is where all the action is yet this condo is on its own 9 acre private gated peninsula. This resort like property is direct waterfront; No one will ever build in front of it and block your views of the bay & sunsets. The unit was just painted and new carpet installed in the bedrooms which can be vaccumed with the central vac system. The open floor plan extends to the lanai with floor to ceiling sliders to extend your living area. Automatic blinds in the living area and guest room. The kitchen has plenty of storage, custom cabinets, hot water dispenser and filtered water at the sink. Bosch dishwasher & induction range. Brand new Fridgedaire Gallery refrigerator. The spacious primary ensuite has a walk in closet, room for a sitting area, a jetted tub and its own private balcony. All the the closets are custom. The large second bedroom has a custom builtin desk with room for a sofa or murphy bed. The LR and guest/office have custom remote controlled blinds. The HOA fee covers all utilities except electric. . At Condo on the Bay you can have it all....enjoy the conveniences of downtown living and the perks of living waterfront. Walk out your front door to jump on your boat or kayak, fish off the dock or lounge at one of our two resort style heated pools. Take a walk or bike to downtown to enjoy our many restaurants, theatres, art galleries, music, festivals, farmers market...Next door is the "Bay Park Sarasota" a 53 acre world class park with walking paths, playground, snack bar, music events and a performing arts center.. Behind the building across the canal is the Ritz Carlton/Hyatt yacht basin which is undergoing a transformation into a shopping/entertaining area. 24 hour security is provided and a concierge is on duty everyday from 8-6. Looking to make friends? There are a variety of organized social activities in this friendly community, from yoga, water aerobics, walking groups, card clubs, happy hours and get togethers on the sky decks for no reason, etc. There are 4 pickleball courts and one tennis court. The gyms will be expanded and renovated this year. Underground assigned parking for one vehicle and lots of open parking on top deck. EV charging station. Condo on the Bay is located 4 miles from the airport, 2 miles from Lido Beach and Armands Circle & 6 miles from Siesta beach., POF or preapproval required with offer on a regular Farbr

Last Agent to Sell the Property

Deborah Huffman

COLDWELL BANKER REALTY Brokerage Phone: 941-366-8070 License #3346585 Listed on: 01/18/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

Jessica Bow

RE/MAX PALM License #3335189

RE/MAX PALM

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,311

Year Built

  • Built in 1982

Lot Details

  • West Facing Home
  • Street paved with bricks

HOA Fees

Parking

  • 1 Parking Garage Space

Property Views

Home Design

  • Entry on the 2nd floor
  • Block Foundation
  • Slab Foundation
  • Membrane Roofing
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,729 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Convection Oven
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Outdoor Shower
  • Fishing Pier
  • Access to Bay or Harbor
  • First Come-First Served Dock
  • Seawall
  • Dock has access to electricity and water
  • Balcony
  • Exterior Lighting
  • Outdoor Grill

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, common area taxes, pool, escrow reserves fund, internet, maintenance structure, ground maintenance, management, pest control, private road, recreational facilities, security, sewer, trash, water
  • Olfa Reyes Association, Phone Number (941) 957-0401
  • Master Corp Association
  • Condo On The Bay Community
  • Condo On The Bay Tower I Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to no truck, recreational vehicles, or motorcycle parking

Recreation

  • Fish Cleaning Station

Pet Policy

  • 1 Pet Allowed
  • Dogs and Cats Allowed
  • Breed Restrictions
  • Small pets allowed

Additional Features

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,311

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,634 per month

Parking

1

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1729
  • Lot Size Acres: 2.46
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 1876
  • Lot Size Sq Ft: 107006
  • Directions to Property: From 41 head west on Blvd of the Arts until all you see is water. Take left into property, stay left going thru gate to show your realtor card. 888 is the second building. park on top deck
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 4 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 748.99
  • Unit Number YN: 0
  • Water Access YN: 1
  • Amenities Additional Fees: jet ski, kayak and boat dockage available first come/first serve
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Slip 1st Come,Dock w/Electric,Dock w/Water Supply,Fish Cleaning Station
  • MFR_DockYN: 1
  • MFR_CommunityAssociationWaterFeatures: Bay/Harbor Front,Boat Slip,Dock,Fishing,Gulf/Ocean Front,Water Access,Waterfront
  • Attribution Contact: 941-366-8070
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Central Vaccum, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s), Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Water Filtration System
  • Foundation Details: Block, Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 888
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 160.63
  • Room Count: 5

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Tennis Court(s)
  • Roof: Built-Up, Membrane
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Road Surface Type: Brick
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Bay/Harbor
  • Water Extras: Fishing Pier,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 1000
  • Water Frontage Feet Bay Harbor: 1000

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Fitness Center, Gated Community - Guard, Irrigation-Reclaimed Water, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts
  • Association Fee: 2982
  • Association Fee Frequency: Quarterly
  • Association Name: Olfa Reyes
  • Phone: 941-957-0401
  • Association: Yes
  • Senior Community: No
  • Association #2 Fee: 1920
  • Association #2 Fee Frequency: Quarterly
  • Association: Master Corp
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Pet Restrictions: Must have emotional support letter documentation or a certified service animal
  • Association Fee Requirement: Required
  • Building Name Number: TOWER 1
  • Condo Fees: 0
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: olfa.reyes@fsresidential.com
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 19608.00
  • Total Monthly Fees: 1634.00
  • Monthly HOA Amount: 994.00

Lot Info

  • Zoning: DTB
  • Parcel Number: 2009095008
  • Additional Parcels: No
  • Flood Zone Code: ve
  • Homestead YN: 0
  • Lot Size Square Meters: 9941

Rental Info

  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK, Number Limit
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: One 4 month or more rental per year

Tax Info

  • Tax Annual Amount: 12310.88
  • Tax Book Number: 1499-1548
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Bay/Harbor
  • Approval Process: $100.00 hoa application

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Apr 12, 2024
Sold by
Lenz Kathryn A and Howell-Lenz Trust
Bought by
Evangelista Arcangelo Michele
Seller's Agent
Deborah Huffman
COLDWELL BANKER REALTY
Buyer's Agent
Jessica Bow
RE/MAX PALM
List Price
$1,450,000
Sold Price
$1,295,000
Premium/Discount to List
-$155,000
-10.69%
Views
28
Current Estimated Value
$1,183,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$111,039
Avg. Annual Appreciation
-5.65%

Purchase Details

Closed on
Nov 26, 2018
Sold by
Mattran Donald A and Mattran Rose L
Bought by
Howell David D and Lenz Kathryn A
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Evangelista Arcangelo Michele $1,295,000 None Listed On Document
Howell David D $785,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2024 04/12/24 Sold $1,295,000 0.0% $749 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
03/12/2024 03/12/24 Price Changed $1,295,000 -3.7% $749 / Sq Ft
02/26/2024 02/26/24 Price Changed $1,345,000 -3.6% $778 / Sq Ft
01/30/2024 01/30/24 Price Changed $1,395,000 -3.8% $807 / Sq Ft
01/18/2024 01/18/24 For Sale $1,450,000 -- $839 / 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 $12,311 $737,507 -- --
2023 $12,311 $1,007,100 $0 $1,007,100
2022 $10,885 $852,700 $0 $852,700
2021 $8,856 $554,100 $0 $554,100
2020 $8,525 $519,000 $0 $519,000
2019 $9,221 $564,200 $0 $564,200
2018 $3,706 $255,677 $0 $0
2017 $3,661 $250,418 $0 $0
2016 $3,647 $502,200 $0 $502,200
2015 $3,700 $478,000 $0 $478,000
2014 $3,692 $238,058 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4595826

Stellar MLS

APN: 2009-09-5008