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Off market
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  • $1,481,400

    5300 Ocean Blvd #Penthouse 3, Sarasota, FL 34242

    2beds
    1,375sqft
    Condo
    Built in 1973
    -- sqft lot
    $1,481,400 Zestimate®
    $1,077/sqft
    $4,954 Estimated rent

    Home value

    $1,481,400

    $1.32M - $1.67M

    $4,954/mo

    Zestimate® history
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    $4,954/mo

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    $9,606/mo

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    $9,606/mo

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    What's special

    Full Gulf views with a rare opportunity to enjoy the island lifestyle. This rarely available 12th floor Penthouse overlooks both world-renowned Siesta Beach and Siesta Key Village. Imagine island living at its finest in this two bedroom, two bath condo with spectacular views of the famous powdery white sand, azure waters and blazing sunsets on the Gulf. The light and bright living space offers an open plan with breathtaking vistas through floor to ceiling windows. Glass sliders to the large covered Gulf front balcony provide additional space for entertaining. The updated kitchen features granite counters, wood cabinets, a breakfast bar and an adjoining family room with full Gulf views through floor-to-ceiling windows. The spacious master suite boasts island views, a shaded east facing balcony (perfect for sipping coffee at sunrise), walk-in closet and updated full bath. Neutral tile throughout with hardwood floors in the bedrooms. The lobby elevator leads to the semi-private floor, shared with only one penthouse unit. The condominium amenities include a large secure lobby, kitchen, club room, mail room, fitness center, spectacular heated pool, tennis courts and on-site manager. Terrace East is a meticulously maintained vertical residential community with minimum one year rentals. No need for a car; the front lobby doors lead directly to Siesta Beach and Siesta Village. Urban cultural amenities, restaurants and shopping of downtown Sarasota are just a 15 minutes' drive by auto.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other
    Features
    • Flooring: Other, Hardwood, Laminate
    Interior area
    • Total interior livable area: 1,375 sqft

    Property

    Parking
    • Parking features: Carport
    Features
    • Exterior features: Cement / Concrete
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 0080241045

    Construction

    Type & style
    • Home type: Condo
    Materials
    • concrete
    • Foundation: Piers
    • Roof: Built-up
    Condition
    • Year built: 1973

    Community & HOA

    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $1,077/sqft
    • Tax assessed value: $1,199,600
    • Annual tax amount: $10,177

    Price history

    DateEventPrice
    2/16/2017Sold$900,000-8.6%$655/sqft
    Source: Public Record Report a problem
    1/23/2017Pending sale$985,000$716/sqft
    Source: Coldwell Banker Residential Real Estate - Sarasota Downtown #A4170889 Report a problem
    12/5/2016Listed for sale$985,000$716/sqft
    Source: Coldwell Banker Residential Real Estate - Sarasota Downtown #A4170889 Report a problem
    6/6/2016Listing removed$985,000$716/sqft
    Source: Premier Sotheby's International Realty #A4143023 Report a problem
    5/29/2015Listed for sale$985,000+306.2%$716/sqft
    Source: PREMIER SOTHEBY'S INTL. REALTY #A4123539 Report a problem
    3/31/1994Sold$242,500$176/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,177 +3.2%$877,475 +2.9%
    2024$9,866 +2.9%$852,745 +3%
    2023$9,585 +1.8%$827,908 +3%
    2022$9,411 -0.5%$803,794 +3%
    2021$9,462 -0.6%$780,383 +1.4%
    2020$9,523 +5.8%$769,608 +5.1%
    2019$9,000 $732,559 +1.9%
    2018$9,000 +1.9%$718,900 +15.5%
    2017$8,829 +13.2%$622,400 +9.1%
    2016$7,798 $570,300 +1.5%
    2015$7,798 +4.7%$561,900 +16%
    2014$7,450 +7.9%$484,500
    2013$6,905 -1.5%$484,500 -2.6%
    2012$7,007 -0.9%$497,300 -2.7%
    2011$7,070 -11%$510,900 -8.8%
    2010$7,944 -24.8%$560,400 -21.9%
    2009$10,564 $717,500 -11.8%
    2008$10,564 -13.3%$813,300 -13.2%
    2007$12,185 $936,600 -1.9%
    2006-- $955,000 +27.3%
    2005-- $750,000 +21.6%
    2004$9,379 +6.4%$617,000 +10.2%
    2003$8,816 +2.3%$560,000 +1.6%
    2002$8,614 +11.5%$551,200 +6%
    2001$7,726 +79.9%$520,040 +90%
    2000$4,295 $273,705
    Find assessor info on the county website

    Neighborhood: 34242

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,481,400
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    Estimated market value
    $1,481,400