NOT LISTED FOR SALE

Condo on the Bay 988 988 Blvd of the Arts Unit 1016 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $1,126,233 - $1,196,000

2 Beds
2 Baths
1,555 Sq Ft
$1,170/mo HOA Fee

Last Sold April 19, 2023

Last sale price $1,075,000 $691 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,704/month

118 Days on Market

Highlights

  • 1,000 Feet of Bay Harbor Waterfront
  • White Water Ocean Views
  • Fitness Center
  • Booker High School Rated A-
  • Dock made with concrete
  • 1-minute walk to Central Broadway Park

About This Home

As of April 2023

SPECTACULAR, UNOBSTRUCTED VIEWS OF SARASOTA BAY AND BEYOND AT CONDO ON THE BAY, a luxury, waterfront community in vibrant downtown Sarasota. Move in ready 2 bedroom, 2 bath open floor plan with many updates to include: refrigerator (2022), freshly painted (2022), tank-less hot water heater (2019), A/C (2019) and more! From the condo, you can easily walk to theatres, Van Wezel, parks, farmer’s markets, restaurants, rooftop bars and enjoy living the downtown Sarasota lifestyle. Condo on the Bay is a gated community offering 24-hour security, concierge services, 2 resort-style pool, fitness center, tennis courts, fishing pier, electric vehicle charging stations, and an on-site marina. Don't miss The Bay Sarasota, a newly built park next door that continues to grow over time that featuring walking trails through the mangroves and many events! This unit is the perfect property for the full experience of living in the beautiful city of Sarasota!

Last Agent to Sell the Property

Janet Coughlin

COLDWELL BANKER REALTY License #3332950 Listed on: 11/18/2022

COLDWELL BANKER REALTY

Co-Listed By

Jasmine Outen

COLDWELL BANKER REALTY License #3530088

Last Buyer's Agent

Bibi-Ann Allard

MICHAEL SAUNDERS & COMPANY License #0697394

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,326

Year Built

  • Built in 1982

Lot Details

  • West Facing Home

HOA Fees

Parking

  • 1 Car Garage
  • Parking Garage Space

Home Design

  • Block Foundation
  • Concrete Roof
  • Concrete Siding

Interior Spaces

  • 1,555 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Access to Bay or Harbor
  • Dock made with concrete
  • Dock made with Composite Material
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, pool
  • First Service Residential/Jennifer Juers Association, Phone Number (941) 957-0401
  • Condo On The Bay Association
  • Condo On The Bay Community
  • Condo On The Bay Tower Ii Subdivision
  • 19-Story Property

Recreation

  • Fishing

Pet Policy

  • Pets up to 40 lbs
  • Pet Size Limit
  • 1 Pet Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,326

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,170 per month

Parking

1

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Pool
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1555
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 1666
  • Directions to Property: From Downtown, head north to Blvd of the arts, turn left to guard gate.
  • Status: Sold
  • Co List Office Mls Id: MFR281517902
  • Co List Office Phone: 941-552-6036
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 10
  • List Office Head Office Key Nume: 1047333
  • Minimum Lease: 1-2 Years
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 691.32
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Bamboo, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Block
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 19
  • Street Number Modifier: 988
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 144.46
  • Room Count: 4

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony
  • Roof: Concrete
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: Bay/Harbor
  • Water Extras: Dock - Composite,Dock - 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: No
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Under Building

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fishing, Fitness Center, Gated, Pool, Tennis Courts, Waterfront
  • Association Fee Frequency: Quarterly
  • Association Name: First Service Residential/Jennifer Juers
  • Phone: 941 957 0401 302
  • Association: Yes
  • Senior Community: No
  • Association #2 Fee: 1140
  • Association #2 Fee Frequency: Quarterly
  • Association: Condo on the Bay
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Building Name Number: CONDO ON THE BAY
  • Condo Fees: 2370
  • Condo Land Included YN: 1
  • Max Pet Weight: 40
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 790
  • Pet Size: Medium (36-60 Lbs.)

Fee Information

  • Total Annual Fees: 14040.00
  • Total Monthly Fees: 1170.00

Lot Info

  • Zoning: DTB
  • Parcel Number: 2009096075
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See rules and regs

Tax Info

  • Tax Annual Amount: 9325.84
  • Tax Book Number: 19-33
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Bay/Harbor
  • Approval Process: Application & interview

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
Apr 19, 2023
Sold by
William T Levine And Maryl C Levine Trus
Bought by
Aaron L Elmone Family Trust
Seller's Agent
Janet Coughlin
COLDWELL BANKER REALTY
Buyer's Agent
Bibi-Ann Allard
MICHAEL SAUNDERS & COMPANY
List Price
$1,250,000
Sold Price
$1,075,000
Premium/Discount to List
-$175,000
-14%
Views
75
Current Estimated Value
$1,186,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,016
Avg. Annual Appreciation
3.50%

Purchase Details

Closed on
Jun 29, 2020
Sold by
Levine William T and Levine Maryl C
Bought by
Levine William T and Levine Maryl C

Purchase Details

Listed on
Feb 14, 2019
Closed on
Jun 10, 2019
Sold by
The Annette Roberts Revocable Trust
Bought by
Levine William T and Levine Maryl C
Seller's Agent
Paula Mapp
MAPP REALTY & INVESTMENT CO
Buyer's Agent
Janet Coughlin
COLDWELL BANKER REALTY
List Price
$699,000
Sold Price
$690,000
Premium/Discount to List
-$9,000
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%

Purchase Details

Closed on
Dec 29, 2012
Sold by
Roberts Annette
Bought by
Roberts Annette

Purchase Details

Closed on
Jul 14, 2010
Sold by
Roberts Annette
Bought by
Roberts Annette

Purchase Details

Closed on
Feb 17, 2010
Sold by
Lidh Sigvard
Bought by
Roberts Annette

Purchase Details

Closed on
Jul 1, 2004
Sold by
Barnoff Harry J
Bought by
Lidh Sigvard
Source: Public Records

Range of Values:

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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
Aaron L Elmone Family Trust $10,750 Msc Title
Levine William T -- Attorney
Levine William T $690,000 Attorney
Roberts Annette -- Attorney
Roberts Annette -- Attorney
Roberts Annette $390,000 None Available
Lidh Sigvard $430,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2023 04/19/23 Sold $1,075,000 -10.4% $691 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
02/08/2023 02/08/23 Price Changed $1,200,000 -4.0% $772 / Sq Ft
11/18/2022 11/18/22 For Sale $1,250,000 +81.2% $804 / Sq Ft
06/14/2019 06/14/19 Sold $690,000 -1.3% $444 / Sq Ft
04/15/2019 04/15/19 Pending -- -- --
02/14/2019 02/14/19 For Sale $699,000 -- $450 / 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 $11,813 $741,160 -- --
2023 $11,813 $880,100 $0 $880,100
2022 $10,809 $798,100 $0 $798,100
2021 $9,326 $586,000 $0 $586,000
2020 $8,880 $542,800 $0 $542,800
2019 $7,779 $475,000 $0 $475,000
2018 $8,210 $500,600 $0 $500,600
2017 $8,288 $500,600 $0 $500,600
2016 $8,058 $477,500 $0 $477,500
2015 $7,741 $454,500 $0 $454,500
2014 $7,025 $295,947 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Janet Coughlin

    Seller's Agent in 2023

    Janet Coughlin

    COLDWELL BANKER REALTY

    (941) 323-3736

    48 in this area

    114 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Jasmine Outen

    COLDWELL BANKER REALTY

    (941) 552-6036

    5 in this area

    19 Total Sales

    Section Image
  • Bibi-Ann Allard

    Buyer's Agent in 2023

    Bibi-Ann Allard

    Michael Saunders

    (941) 685-0422

    89 in this area

    115 Total Sales

    Section Image
  • Paula Mapp

    Seller's Agent in 2019

    Paula Mapp

    MAPP REALTY & INVESTMENT CO

    (941) 780-9662

    1 in this area

    66 Total Sales

    Section Image
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About Condo on the Bay 988

Map

Source: Stellar MLS

MLS Number: A4550790

Stellar MLS

APN: 2009-09-6075

Florida Sarasota County Sarasota 34236 Downtown Sarasota

988 Blvd of the Arts Unit 1016, Sarasota, FL

This home is located at 988 Blvd of the Arts Unit 1016, Sarasota, FL 34236 since 18 November 2022 and is currently estimated at $1,162,808, approximately $747 per square foot. This property was built in 1982. 988 Blvd of the Arts Unit 1016 is a home located in Sarasota County with nearby schools including Alta Vista Elementary School, Booker Middle School, and Booker 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

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