NOT LISTED FOR SALE

Estimated Value: $2,043,285 - $2,380,000

3 Beds
2.5 Baths
2,315 Sq Ft
$2,005/mo HOA Fee

Last Sold January 19, 2024

Last sale price $2,600,000 $1,123 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $15,894/month

111 Days on Market

Highlights

  • White Water Ocean Views
  • Dock made with wood
  • Property Fronts a Bay or Harbor
  • Booker High School Rated A-
  • Fishing Pier
  • 1-minute walk to Central Broadway Park

About This Home

As of January 2024

This coveted and rarely available 3 bedroom condo is perfectly sited on the Northwest corner and the 11th floor of 988 Blvd of the Arts, in the premier direct waterfront Condo on the Bay with sweeping and expansive protected views of Sarasota Bay and beyond! Location, location, in the heart of Sarasota and next to The Bay, an exciting new park that has transformed the area into a blue and green oasis with incredible amenities. The 17th stack is the one that is sought-after due to the best views from the wall-to-wall windows in living room, dining room, kitchen and owner's suite! This beautifully renovated unit boasts a sprawling split floor plan, ideal for both entertaining and everyday living, offering an open layout, 3 bedrooms, 2 and 1/2 bathrooms and 2 waterside terraces. Beautifully scaled rooms with sweeping Bay views abound, highlighted by high ceilings, crown molding, and light and bright surroundings. The renovated kitchen has been opened to capture glistening Bay views and features Campbell Cabinetry white shaker cabinets with soft close drawers and pull-out shelves, SubZero refrigerator with 2 convenient freezer drawers, Wolf induction cooktop, microwave and wall oven, and a water treatment system. Under cabinet, and tray ceiling lighting were added to complete the beautiful and efficient kitchen workspace. Enjoy the glorious azure water views from your spacious owner's suite featuring an expansive walk-in closet, 2 additional storage/linen closets and the chic ensuite bath with double sinks, ample cabinetry, granite countertops, deep soaking bathtub and large glass and tile surround walk-in shower. A private guest wing which boasts 1 and 1/2 baths and in-unit laundry room, is tucked away on the opposite side of the condo. Both large guest bedrooms feature walk-in closets while the third bedroom has sliding doors out to a water/city view terrace. Either space could easily be utilized as a home office. Exotic African Sapele wood floors are featured throughout the main living areas with porcelain tile in both kitchen and all baths. Sliding glass doors are hurricane/impact rated. The condo has a designated storage unit and covered parking. Condo on the Bay is located in downtown Sarasota on its own 24-hour guard gated 9-acre peninsula. This amenity rich property offers luxurious living in a well-appointed building and recently renovated lobby, with amenities including resort style pool, 2 lighted tennis/pickleball courts, fitness room with sauna, showers, free weights, circuit and cardio machines, concierge, convenient porte cochere, boat docks and kayak racks and lifts if available. Condo on the Bay is a pet friendly community with informal, organized social activities including happy hours, trivia nights, mahjong, walking and biking groups. Enjoy the conveniences of Downtown living, steps to the Van Wezel Performing Arts Center and the new 50+ acre Bay/Bayfront Park which will feature walking trails, playground, snack shop, fine dining and retail. All within close proximity to St. Armands and #1 rated beaches. Do not miss out on this exceptional residence in an outstanding location!

Last Agent to Sell the Property

Lenore Treiman

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #0511583 Listed on: 07/20/2023

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Michelle Silva

MICHAEL SAUNDERS & COMPANY License #3306063

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,291

Year Built

  • Built in 1982

Lot Details

  • West Facing Home
  • Street paved with bricks

HOA Fees

Parking

  • 1 Car Attached Garage
  • Electric Vehicle Home Charger
  • Ground Level Parking
  • Secured Garage or Parking
  • Guest Parking
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Entry on the 11th floor
  • Slab Foundation
  • Membrane Roofing
  • Built-Up Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,315 Sq Ft Home
  • Open Floorplan
  • Coffered Ceiling
  • Tray Ceiling
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Security Lights

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • 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
  • Dock has access to water
  • Seawall
  • Dock made with wood
  • Dock made with Composite Material
  • Balcony
  • Exterior Lighting
  • Outdoor Storage

Schools

  • Lakeview Elementary School
  • Sarasota Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Water Filtration System
  • Electric Water Heater
  • 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, insurance, maintenance structure, ground maintenance, management, pest control, private road, recreational facilities, security, sewer, trash, water
  • Gina Grieco, Manager Condo On The Bay Association, Phone Number (941) 957-0401
  • Condo On The Bay Master Association, Phone Number (941) 957-0401
  • Condo On The Bay Community
  • Condo On The Bay Tower II Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to no truck, recreational vehicles, or motorcycle parking
  • 18-Story Property

Recreation

  • Fishing

Pet Policy

  • Pets up to 40 lbs
  • 1 Pet Allowed

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,291

Year Built

Built in 1982

Lot Details

0

HOA Fees

$2,005 per month

Parking

1

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 2315
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 2460
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • Floor Number: 11
  • Minimum Lease: 1-2 Years
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 1123.11
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: End Unit,High Rise
  • Amenities Additional Fees: Boat and kayak dock for addl fees, first come/first serve.
  • Attribution Contact: 941-951-6660
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Coffered Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Water Filtration System
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 18
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 215.07

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Shower, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Built-Up, Membrane
  • Pool Private: No
  • View: Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Road Surface Type: Brick
  • Water Access: Bay/Harbor
  • Water Extras: Dock - Composite,Dock - Slip 1st Come,Dock - Wood,Dock w/Electric,Dock w/Water Supply,Fishing Pier,Seawall - Concrete
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Electric Vehicle Charging Station(s), Ground Level, Guest, Off Street

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Fishing, Fitness Center, Gated Community - No Guard, Irrigation-Reclaimed Water, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts, Water Access, Waterfront
  • Association Name: Gina Grieco, Manager - Condo on the Bay
  • Phone: 941-957-0401
  • Association: No
  • Security: Fire Alarm, Fire Sprinkler System, Gated Community, Secured Garage / Parking, Security Lights, Smoke Detector(s)
  • Senior Community: No
  • Association #2 Fee: 1705
  • Association #2 Fee Frequency: Quarterly
  • Association: Condo on the Bay Master
  • Association Phone #2: 941-957-0401
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Condo Fees: 4310
  • Condo Land Included YN: 0
  • Max Pet Weight: 40
  • Association Email: gina.grieco@fsresidential.com
  • Monthly Condo Fee Amount: 1437
  • Pet Size: Medium (36-60 Lbs.)

Fee Information

  • Total Annual Fees: 24060.00
  • Total Monthly Fees: 2005.00

Schools

  • Elementary School: Lakeview Elementary
  • High School: Riverview High
  • Middle Or Junior School: Sarasota Middle

Lot Info

  • Zoning: DTB
  • Parcel Number: 2009096084
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Lease restrictions.

Tax Info

  • Tax Annual Amount: 25291
  • Tax Book Number: 19-33
  • Tax Lot: 1117

Multi Family

  • Waterfront Features: Bay/Harbor
  • Approval Process: Application with $100 fee.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Jan 19, 2024
Sold by
M & J Fernandes Nominee Trust
Bought by
Yules Robert Brown and Chrein Yules Susan
Seller's Agent
Lenore Treiman
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Michelle Silva
MICHAEL SAUNDERS & COMPANY
List Price
$2,800,000
Sold Price
$2,600,000
Premium/Discount to List
-$200,000
-7.14%
Views
79
Current Estimated Value
$2,250,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$349,179
Avg. Annual Appreciation
-7.78%

Purchase Details

Listed on
May 9, 2022
Closed on
Jun 24, 2022
Sold by
Mcmurdo Strathmore K and Kau Kerrianne
Bought by
M & J Fernandes Nominee Trust
Seller's Agent
Deborah Huffman
COLDWELL BANKER REALTY
Buyer's Agent
Lenore Treiman
MICHAEL SAUNDERS & COMPANY
List Price
$2,595,000
Sold Price
$2,700,000
Premium/Discount to List
$105,000
4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.38%

Purchase Details

Closed on
Jun 17, 2003
Sold by
Potvin Alfred R and Potvin Janet H
Bought by
Mcmurdo Strathmore K and Mcmurdo Kerrianne Kau

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.56%

Purchase Details

Closed on
Sep 30, 1998
Sold by
Wiegele Gary W
Bought by
Potvin Alfred R and Potvin Janet H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
6.95%

Purchase Details

Closed on
May 14, 1998
Sold by
Wiegele Louis S
Bought by
Wiegele Gary W and Wiegele Louis S

Purchase Details

Closed on
Jul 11, 1996
Sold by
Noether Emiliana P
Bought by
Wiegele Louis S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
7.99%

Purchase Details

Closed on
Oct 15, 1993
Sold by
Anonsen Stanley H and Anonsen Virginia R
Bought by
Noether Emiliana P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.99%
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
Yules Robert Brown $2,600,000 None Listed On Document
M & J Fernandes Nominee Trust $2,700,000 None Listed On Document
Mcmurdo Strathmore K $675,000 --
Potvin Alfred R $405,000 --
Wiegele Gary W -- --
Wiegele Louis S $340,000 --
Noether Emiliana P $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcmurdo Strathmore K $540,000
Previous Owner Potvin Alfred R $283,500
Previous Owner Wiegele Louis S $306,000
Previous Owner Noether Emiliana P $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2024 01/19/24 Sold $2,600,000 -3.5% $1,123 / Sq Ft
11/09/2023 11/09/23 Pending -- -- --
10/18/2023 10/18/23 Price Changed $2,695,000 -3.8% $1,164 / Sq Ft
07/20/2023 07/20/23 For Sale $2,800,000 +3.7% $1,210 / Sq Ft
06/24/2022 06/24/22 Sold $2,700,000 +4.0% $1,166 / Sq Ft View Prior Sale
05/12/2022 05/12/22 Pending -- -- --
05/09/2022 05/09/22 For Sale $2,595,000 -- $1,121 / 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 $25,291 $1,731,600 -- $1,731,600
2023 $25,291 $1,689,200 $0 $1,689,200
2022 $9,563 $664,197 $0 $0
2021 $9,637 $644,851 $0 $0
2020 $9,744 $635,948 $0 $0
2019 $9,490 $621,650 $0 $0
2018 $9,332 $610,059 $0 $0
2017 $9,222 $597,511 $0 $0
2016 $9,213 $745,700 $0 $745,700
2015 $9,351 $709,800 $0 $709,800
2014 $9,340 $502,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4575774

Stellar MLS

APN: 2009-09-6084