Condo on the Bay 988 988 Blvd of the Arts Unit 1512 Sarasota, FL 34236
Downtown Sarasota Neighborhood
2
Beds
2
Baths
1,729
Sq Ft
$1,675/mo
HOA Fee
Highlights
- White Water Ocean Views
- Water access To Gulf or Ocean To Bay
- Fitness Center
- Booker High School Rated A-
- Property Fronts a Bay or Harbor
- 1-minute walk to Central Broadway Park
About This Home
As of March 2025Experience elevated living in this incredible, 2 Bedroom, 2 Bathroom condominium located at Condo On The Bay in vibrant downtown Sarasota! Situated on the 15th floor, this stunning unit features direct panoramic views of Sarasota Bay, Ringling Bridge, Longboat Key and Lido Key! Enjoy captivating sunsets, watch boats glide by and dolphins play all from the comfort of your private balconies! This beautifully renovated unit is designed with a tasteful neutral palette, combing elegance and comfort throughout. With expansive windows and floor-to-ceiling hurricane impact sliders, the space is light filled and airy, inviting natural beauty into every room. The open-concept living room and dining space is thoughtfully designed for both style and function. The kitchen is equipped with solid wood cabinetry, granite counter tops and backsplash, stainless steel appliances and a breakfast bar! All features exuding charm and durability. An additional bonus is being treated to a scenic view of the Bay while preparing or enjoying meals! Generous storage is a standout feature, with several closets, including two spacious walk-in-closets. Each bedroom offers a perfect blend of spaciousness and function, enhanced by serene water views that create a sense of calm and retreat. The primary bedroom includes a updated en-suite bathroom with dual sinks, stone counters and walk in shower with beautiful stone and tile finishes. The guest bathroom is also updated with wood cabinets, stone counters, tile flooring and a tub/shower combination. This unit includes one assigned parking space in a secure garage, as well as a climate-controlled storage unit for added convenience. Tower II is currently undergoing a roof replacement (estimated completion mid March 2025) and just completed exterior painting and stucco work, ensuring the building remains in top condition! The building offers an exceptional range of amenities, including 24-hour security gate access, concierge services, two pools, two fitness centers, sauna, barbecue grill and social meeting rooms. Stay active with a game of tennis, pickleball or explore Sarasota’s waterways from the boat/kayak docks and fishing pier! There is also a variety of resident activities and events that provides endless enjoyment! Ideally and centrally located, this condominium is adjacent to The Bay Park, Van Wezel Performing Arts Hall as well many other of venues that define Sarasota’s radiant arts and culture environment! It is also in walking distance to an abundance of fantastic restaurants, shopping, grocery stores, Selby Library, The Ritz Carlton, Marina Jacks, iconic Ringling Bridge and much more! You are a short drive to St. Armands Circle and pristine world-class beaches, offering unparalleled coastal living! This is truly Florida living at its finest! Live the Sarasota lifestyle with luxury, comfort, convenience and stunning views in this move-in ready gem! Welcome home!!
Last Agent to Sell the Property
COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #3146868 Listed on: 02/05/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $17,752
Year Built
- Built in 1982
Lot Details
- East Facing Home
- Irrigation
- Landscaped with Trees
HOA Fees
- $1,675 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Electric Vehicle Home Charger
- Secured Garage or Parking
- 1 Assigned Parking Space
Property Views
Home Design
- Slab Foundation
- Membrane Roofing
- Concrete Siding
Interior Spaces
- 1,729 Sq Ft Home
- Blinds
- Sliding Doors
- Entrance Foyer
- Combination Dining and Living Room
Kitchen
- Breakfast Bar
- Range with Range Hood
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Granite Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- En-Suite Bathroom
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
- Bathtub with Shower
- Shower Only
Laundry
- Laundry closet
- Dryer
- Washer
Home Security
Pool
- In Ground Pool
- Pool Lighting
Outdoor Features
- Water access To Gulf or Ocean To Bay
- Access To Intracoastal Waterway
- Balcony
- Covered Patio or Porch
- Exterior Lighting
Schools
- Alta Vista Elementary School
- Booker Middle School
- Booker High School
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Thermostat
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 1512
- Assessor Parcel Number 2009096104
Community Details
Overview
- Association fees include 24-Hour Guard, cable TV, common area taxes, pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, management, pest control, private road, recreational facilities, security, sewer, trash, water
- The Condo On The Bay Management Corporation Inc Association, Phone Number (941) 957-0401
- Visit Association Website
- High-Rise Condominium
- Condo On The Bay Community
- Condo On The Bay Tower Ii Subdivision
- On-Site Maintenance
- The community has rules related to deed restrictions
- 18-Story Property
Amenities
- Sauna
- Elevator
Recreation
- Recreation Facilities
Pet Policy
- Pet Size Limit
- 1 Pet Allowed
- Breed Restrictions
- Small pets allowed
Security
- Security Guard
- Gated Community
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 5, 2025
Closed on
Mar 18, 2025
Sold by
Ralph Nicosia Living Trust and Nicosia Ralph Anthony
Bought by
Satchell Megan and Satchell Christopher John
Seller's Agent
Nicole Kroenig
COLDWELL BANKER REALTY
Buyer's Agent
Laura Rode
KELLER WILLIAMS ON THE WATER S
List Price
$1,395,000
Sold Price
$1,300,000
Premium/Discount to List
-$95,000
-6.81%
Views
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,552
Avg. Annual Appreciation
-3.93%
Purchase Details
Closed on
Apr 24, 2001
Sold by
Grimes William H
Bought by
Nicosia Ralph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
7.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 29, 2001
Sold by
Grimes William H
Bought by
Nicosia Ralph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
7.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 7, 1998
Sold by
Smolic Ivo I and Smolic Janja
Bought by
Grimes William H
Similar Homes in Sarasota, FL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,300,000 | None Listed On Document | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $415,000 | -- | |
| Warranty Deed | $267,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $200,000 | New Conventional | |
| Previous Owner | $330,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/18/2025 03/18/25 | Sold | $1,300,000 | -6.8% | $752 / Sq Ft |
| 02/25/2025 02/25/25 | Pending | -- | -- | -- |
| 02/05/2025 02/05/25 | For Sale | $1,395,000 | -- | $807 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $17,249 | $1,187,600 | -- | $1,187,600 |
| 2023 | $17,249 | $1,148,600 | $0 | $1,148,600 |
| 2022 | $8,596 | $598,766 | $0 | $0 |
| 2021 | $8,663 | $581,326 | $0 | $0 |
| 2020 | $8,761 | $573,300 | $0 | $573,300 |
| 2019 | $8,820 | $578,529 | $0 | $0 |
| 2018 | $8,674 | $567,742 | $0 | $0 |
| 2017 | $8,572 | $556,065 | $0 | $0 |
| 2016 | $8,414 | $573,900 | $0 | $573,900 |
| 2015 | $8,689 | $546,200 | $0 | $546,200 |
| 2014 | $7,875 | $384,890 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Nicole Kroenig
COLDWELL BANKER REALTY
(941) 447-8124
2 in this area
12 Total Sales
-
B
Seller Co-Listing Agent in 2025
Bradley Kroenig
COLDWELL BANKER REALTY
(917) 325-6010
1 in this area
6 Total Sales
-
Buyer's Agent in 2025
Laura Rode
KELLER WILLIAMS ON THE WATER S
(860) 806-3737
24 in this area
1,041 Total Sales
About Condo on the Bay 988
Map
Source: Stellar MLS
MLS Number: A4637742
APN: 2009-09-6104
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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