NOT LISTED FOR SALE

990 Blvd of the Arts Unit 1800 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $4,536,000 - $9,478,000

4 Beds
5.5 Baths
8,111 Sq Ft
$4,955/mo HOA Fee

Last Sold December 03, 2019

Last sale price $5,995,000 $739 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $52,739/month

513 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Waterfront Community
  • Fitness Center
  • Booker High School Rated A-
  • White Water Ocean Views
  • 1-minute walk to Central Broadway Park

About This Home

As of December 2019

Soaring above the waterfront and the evolutionary Sarasota skyline, the Penthouse at Beau Ciel takes the city living experience to panoramic new heights. Expertly fusing the luxury, security and maintenance-free lifestyle of condominium living with the privacy and personalization available to those in single-family residences, the artful Penthouse is in a real estate echelon entirely its own. The split-floorplan commands the 18th floor of the building and provides distinct living quarters, intimate spaces and multiple entertaining areas via two elevator entrances. Water or city views and private terraces enhance every room. Soak in the cinematic scene from the private rooftop hot tub or make your way to the neighboring Hyatt Regency to enjoy the array of resort amenities. For those buyers looking to reimagine the aesthetic of the apartment on the same scale of a new-construction condominium, you will enjoy a one-of-kind onsite design center featuring a custom palette of finishes from a renowned Sarasota interior design firm. The Penthouse at Beau Ciel is enviably situated in the heart of the burgeoning Bayfront, swiftly being redefined as the artistic center of the “New Sarasota” where walkability and cultural pursuits are framed by epic landscapes. Enjoy nearby restaurants of world-class epicurean flair, eclectic shops, and on-trend boutiques. Most of all, delight in sky-high sophistication and unchanging water views amidst a new era in Sarasota placemaking.

Last Agent to Sell the Property

Kim Ogilvie

MICHAEL SAUNDERS & COMPANY License #0412475 Listed on: 06/11/2018

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Jason Grande

RE/MAX ALLIANCE GROUP License #0620547

RE/MAX ALLIANCE GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $81,752

Year Built

  • Built in 2003

Lot Details

  • 1

HOA Fees

  • $4,955 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Secured Garage or Parking
  • On-Street Parking
  • Open Parking
  • Assigned Parking

Property Views

  • White Water Ocean
  • Marina
  • Intracoastal
  • Partial Bay or Harbor

Home Design

  • Penthouse
  • Contemporary Architecture
  • Block Exterior
  • Pile Dwellings

Interior Spaces

  • 8,111 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • High Ceiling
  • Skylights
  • Gas Fireplace
  • Shades
  • Blinds
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Storage Room
  • Inside Utility

Kitchen

  • Built-In Convection Oven
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Brick
  • Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Bedroom
  • Accessible Hallway
  • Accessible Approach with Ramp

Outdoor Features

  • Heated Spa
  • Balcony
  • Covered patio or porch
  • Outdoor Kitchen
  • Outdoor Storage
  • Outdoor Grill

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Additional Features

  • 100 Feet of Waterfront
  • City Lot

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, recreational facilities, sewer, trash, water
  • Brad Gregus Association, Phone Number (941) 906-7029
  • High-Rise Condominium
  • Beau Ciel Community
  • Beau Ciel Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 18-Story Property

Amenities

  • Sauna
  • Elevator

Recreation

  • Waterfront Community
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets up to 100 lbs
  • Pet Size Limit
  • 2 Pets Allowed

Security

  • Security Service
  • Card or Code Access
  • Storm Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$81,752

Year Built

Built in 2003

Lot Details

0

HOA Fees

$4,955 per month

Parking

3

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 8111
  • New Construction: No
  • Year Built: 2003
  • Accessibility Features: Accessible Approach with Ramp, Accessible Bedroom, Accessible Central Living Area, Accessible Hallway(s)
  • Building Area Total: 10220
  • Directions to Property: US 41 and go west on Blvd of the Arts.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4405592&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4405592&cview=true&show_results=true&customer_portal=true
  • Floor Number: 15+
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Property Description: High Rise, Penthouse
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 739.12
  • Close to Original List Price Ratio: 0.75409
  • Ratio: Current Price\Building Area Total: 586.59
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Family Room, Living Room
  • Living Area Units: Square Feet
  • Flooring: Brick/Stone, Carpet
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Elevator, High Ceiling(s), Skylight(s), Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Wet Bar
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 4
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 18
  • Window Features: Blinds, Shades, Storm Window(s)
  • Street Number Modifier: 990
  • Room Count: 10
  • Additional Rooms: Breakfast Room Separate, Den/Library/Office, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony, Outdoor Grill, Outdoor Kitchen, Sliding Doors, Storage
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Water Body Name: Sarasota Bay
  • Waterfront: No
  • Patio and Porch Features: Covered
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Gulf/Ocean - Partial, Intracoastal Waterway, Marina
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0133F
  • Waterfront Frontage: 100
  • Water Frontage Feet Marina: 50
  • Water Frontage Feet Bay Harbor: 50
  • Disclosures: Condominium Disclosure Available, Other, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Assigned, Circular Driveway, Driveway, Garage Door Opener, Guest, On Street
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Gas, Public
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness, Pool, Waterfront
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Maintenance, Pool, Recreation Facilities, Sauna, Security, Spa/Hot Tub
  • Association Name: Brad Gregus
  • Phone: 941-906-7029
  • Association: No
  • Security: Fire Alarm, Key Card Entry, Secured Garage/Parking
  • Senior Community: No
  • Condo Fees: 14865
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 4955
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 59460
  • Total Monthly Fees: 4955

Schools

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

Lot Info

  • Zoning: DTB
  • Parcel Number: 2009098044
  • Additional Parcels: No
  • Lot Features: City Lot, Sidewalk
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Size Limit
  • Pet Size: Large (61-100 Lbs.)
  • Max Pet Weight: 100
  • Minimum Lease: 3 Months
  • Approval Process: Application & Approval required
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Lease restrictions

Tax Info

  • Tax Annual Amount: 81752
  • Tax Book Number: 36-20
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2018
Closed on
Dec 3, 2019
Sold by
The Glenmede Trust Company
Bought by
Carole Sharon
Seller's Agent
Kim Ogilvie
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Jason Grande
RE/MAX ALLIANCE GROUP
List Price
$5,670,000
Sold Price
$5,995,000
Premium/Discount to List
$325,000
5.73%
Current Estimated Value
$7,100,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,105,511
Avg. Annual Appreciation
2.80%

Purchase Details

Closed on
Mar 2, 2015
Sold by
Rutnik Daniel J
Bought by
The Glenmede Trust Company Na and The Charger Land Trust

Purchase Details

Listed on
Jan 25, 2010
Closed on
Jun 29, 2012
Sold by
Nicolosi Richard R and Densmore Tamara L
Bought by
Rutnik Daniel J and The Charger Land Trust
Seller's Agent
Judy Kepecz-Hays
COLDWELL BANKER REALTY
Buyer's Agent
Maggie Hicks
COLDWELL BANKER REALTY
List Price
$5,600,000
Sold Price
$5,600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.73%

Purchase Details

Closed on
Dec 29, 2005
Sold by
Nicolosi Richard R and Nicolosi Ann Root
Bought by
Nicolosi Richard R

Purchase Details

Closed on
Oct 30, 2003
Sold by
Beau Ciel L L L P
Bought by
Root Nicolosi Richard R and Root Nicolosi Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,700,000
Interest Rate
6%
Source: Public Records

Range of Values:

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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
Carole Sharon $5,995,000 Attorney
The Glenmede Trust Company Na -- Attorney
Rutnik Daniel J $5,600,000 Attorney
Nicolosi Richard R -- --
Root Nicolosi Richard R $4,900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nicolosi Richard R $2,400,000
Previous Owner Nicolosi Richard R $2,000,000
Previous Owner Root Nicolosi Richard R $3,700,000
Previous Owner Nicolosi Richard R $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2019 12/03/19 Sold $5,995,000 0.0% $739 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
07/30/2019 07/30/19 Price Changed $5,995,000 +5.7% $739 / Sq Ft
06/17/2019 06/17/19 For Sale $5,670,000 -5.4% $699 / Sq Ft
06/17/2019 06/17/19 Off Market $5,995,000 -- --
04/03/2019 04/03/19 Price Changed $5,670,000 -12.8% $699 / Sq Ft
02/14/2019 02/14/19 Price Changed $6,500,000 -6.5% $801 / Sq Ft
11/06/2018 11/06/18 Price Changed $6,950,000 -12.6% $857 / Sq Ft
06/11/2018 06/11/18 For Sale $7,950,000 +42.0% $980 / Sq Ft
06/29/2012 06/29/12 Sold $5,600,000 0.0% $690 / Sq Ft
05/29/2012 05/29/12 Pending -- -- --
01/25/2010 01/25/10 For Sale $5,600,000 -- $690 / 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 $101,474 $7,044,046 -- --
2023 $101,474 $6,838,880 $0 $0
2022 $99,243 $6,639,689 $0 $0
2021 $100,444 $6,446,300 $0 $6,446,300
2020 $109,752 $6,862,100 $0 $6,862,100
2019 $86,503 $5,416,289 $0 $0
2018 $85,159 $5,315,298 $0 $0
2017 $84,225 $5,205,973 $0 $0
2016 $84,282 $6,534,200 $0 $6,534,200
2015 $85,575 $5,960,000 $0 $5,960,000
2014 $85,535 $4,906,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4405592

Stellar MLS

APN: 2009-09-8044