NOT LISTED FOR SALE

Condo on the Bay 988 988 Blvd of the Arts Unit S1909 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $1,568,000 - $3,075,000

4 Beds
7 Baths
5,225 Sq Ft
$3,342/mo HOA Fee

Last Sold August 28, 2020

Last sale price $1,900,000 $364 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $17,740/month

168 Days on Market

Highlights

  • 485 Feet of Waterfront
  • White Water Ocean Views
  • Water access To Gulf or Ocean
  • Booker High School Rated A-
  • Boat Dock
  • 1-minute walk to Central Broadway Park

About This Home

As of August 2020

Extraordinary panoramic views of Sarasota Bay to Longboat Key from this amazing 19th floor triple penthouse comprised of over 5200 sf, 12 rooms and custom designed floor plan within the space of 3 apartments. Expansive bay front terraces to enjoy sweeping views and endless sunsets. Adorned with exquisite finishes such as high ceilings, wood and marble flooring, built-in cabinetry including doors detailed with Italian frescos, a temperature-controlled wine room, and antique light fixtures. The owner’s suite has built-in armoires, two dressing areas and a large sitting area with fireplace. One guest suite with private entry has its own kitchen and laundry, leads to a fabulous game room with built-ins and can be converted back to a stand-alone 2 bedroom condo. This true one-of-a-kind luxury home comes with 3 contiguous parking spaces, 3 storage units, plus an extra storage room. Condo on the Bay offers superior location to downtown, St. Armand’s, beautiful beaches and has a 24-hr guard gated entry, beautifully renovated lobby with concierge, tennis courts, fitness, 2 pools and boat docks too! Come see this truly exceptional French inspired condo in the sky.

Last Agent to Sell the Property

Pam Charron

COMPASS FLORIDA LLC License #3208565 Listed on: 02/25/2020

COMPASS FLORIDA LLC

Co-Listed By

Janet Canfield

License #3239373

Last Buyer's Agent

Nora Johnson

MICHAEL SAUNDERS & COMPANY License #0683885

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,047

Year Built

  • Built in 1982

Lot Details

  • East Facing Home

HOA Fees

  • $3,342 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

Home Design

  • Concrete Roof
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 5,225 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Electric Fireplace
  • Shades
  • Sliding Doors
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Storage Room
  • Inside Utility

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Fishing Pier
  • No Fixed Bridges
  • Seawall
  • Dock made with wood
  • Balcony
  • Screened Patio
  • Outdoor Storage

Location

  • City Lot

Schools

  • Alta Vista Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Optional Additional Fees
  • Association fees include 24-hour guard, cable TV, community pool, escrow reserves fund, maintenance structure, ground maintenance, manager, pest control, pool maintenance, private road, recreational facilities, security, sewer, trash, water
  • Scott Bole Association, Phone Number (941) 957-0401
  • High-Rise Condominium
  • Condo On The Bay Community
  • Condo On The Bay Tower II Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 19-Story Property

Amenities

  • Elevator

Recreation

  • Community Boat Slip
  • Community Spa
  • Fishing

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,047

Year Built

Built in 1982

Lot Details

0

HOA Fees

$3,342 per month

Parking

3

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 5225
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 5594
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4460242?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4460242?w=Customer
  • Floor Number: 15+
  • Homestead Y N: Yes
  • Unit Number Y N: No
  • Subdivision Num: 7716
  • Property Description: High Rise
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.76305
  • Price per Sq Ft: 363.64
  • Close to Original List Price Ratio: 0.69091
  • Ratio: Current Price\Building Area Total: 339.65
  • View: Yes
  • Co List Office Mls Id: 281502292
  • Co List Office Phone: 941-225-7355
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Electric, Living Room, Master Bedroom, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble, Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, High Ceiling(s), Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Wet Bar
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 19
  • Window Features: Shades
  • Room Count: 11
  • Additional Rooms: Breakfast Room Separate, Den/Library/Office, Formal Dining Room Separate, Inside Utility, Interior In-Law Suite, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Sliding Doors, Storage
  • Roof: Concrete
  • Pool Private: No
  • View: Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Patio, Screened
  • Water View: Bay/Harbor - Full, Gulf/Ocean - Partial, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Access: Bay/Harbor, Gulf/Ocean, Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges, Dock - Wood, Dock w/Electric, Fishing Pier, Seawall - Other
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 485
  • Water Frontage Feet Bay Harbor: 485
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Under Building
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Public
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Fitness, Gated Community, Pool, Sidewalk, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Boat Slip, Boat Dock, Elevator(s), Fitness Center, Gated, Lobby Key Required, Optional Additional Fees, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Name: SCOTT BOLE
  • Phone: 941-957-0401x303
  • Association: No
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 10025
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 3342
  • Amenities Additional Fees: Boat slips and kayak storage may be available for additional fee. Contact office for more information - 941-957-0401.
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 40100
  • Total Monthly Fees: 3341.67

Schools

  • Elementary School: Alta Vista Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Parcel Number: 2009096133
  • Additional Parcels: No
  • Lot Features: City Lot
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Max Pet Weight: 999
  • Minimum Lease: 1-2 Years
  • Approval Process: REFER TO CONDO DOCS
  • Num Timesper Year: 1
  • Pet Restrictions: REFER TO CONDO DOCS
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: REFER TO CONDO DOCS

Tax Info

  • Tax Annual Amount: 25047.29
  • Tax Book Number: 19/33
  • Tax Lot: II

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2023
Sold by
Leighrob Corporation
Bought by
Saile Development Inc
Current Estimated Value
$2,526,517

Purchase Details

Listed on
Feb 25, 2020
Closed on
Aug 28, 2020
Sold by
Long Larry
Bought by
Johnson Family Partnership
Seller's Agent
Pam Charron
COMPASS FLORIDA LLC
Buyer's Agent
Nora Johnson
MICHAEL SAUNDERS & COMPANY
List Price
$2,490,000
Sold Price
$1,900,000
Premium/Discount to List
-$590,000
-23.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%

Purchase Details

Closed on
Aug 14, 2001
Sold by
Long Larry and Long Sandra Lee
Bought by
Long Larry and Long Sandr Lee

Purchase Details

Closed on
May 16, 2001
Sold by
Long Larry and Long Sandra Lee
Bought by
Long Larry and Long Sandra Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.02%

Purchase Details

Closed on
Feb 20, 1996
Sold by
Adams William L
Bought by
Long Larry and Pruneau Sandra Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
6.97%
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
Saile Development Inc $20,300 None Listed On Document
Leighrob Corporation Inc $100 None Listed On Document
Johnson Family Partnership $1,900,000 Parker Williams
Long Larry -- --
Long Larry -- --
Long Larry $760,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Long Larry $1,000,000
Previous Owner Long Larry $608,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold $1,900,000 -23.7% $364 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
07/13/2020 07/13/20 Price Changed $2,490,000 0.0% $477 / Sq Ft
07/13/2020 07/13/20 For Sale $2,490,000 +31.1% $477 / Sq Ft
06/22/2020 06/22/20 Off Market $1,900,000 -- --
02/25/2020 02/25/20 For Sale $2,750,000 -- $526 / 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 $14,091 $2,469,700 -- $2,469,700
2023 $14,091 $947,914 $0 $0
2022 $30,606 $2,019,200 $0 $2,019,200
2021 $15,366 $1,333,700 $0 $0
2020 $25,691 $1,606,542 $0 $0
2019 $25,047 $1,570,422 $0 $0
2018 $24,661 $1,541,140 $0 $0
2017 $24,388 $1,509,442 $0 $0
2016 $24,338 $2,925,600 $0 $2,925,600
2015 $24,706 $2,784,500 $0 $2,784,500
2014 $24,690 $1,434,943 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pam Charron

    Seller's Agent in 2020

    Pam Charron

    COMPASS FLORIDA LLC

    (941) 993-3388

    8 in this area

    116 Total Sales

    Pam Charron
    Section Image

  • J

    Seller Co-Listing Agent in 2020

    Janet Canfield

    Section Image
  • Nora Johnson

    Buyer's Agent in 2020

    Nora Johnson

    Michael Saunders

    (941) 809-1700

    27 in this area

    58 Total Sales

    Nora Johnson
    Section Image
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About Condo on the Bay 988

Map

Source: Stellar MLS

MLS Number: A4460242

Stellar MLS

APN: 2009-09-6133

Florida Sarasota County Sarasota 34236 Downtown Sarasota

988 Blvd of the Arts Unit S1909, 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.

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