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Pending
    • Price cut: $104K (5/15)
    $695,000

    707 S GULFSTREAM AVENUE #505, SARASOTA, FL 34236

    2beds
    1,240sqft
    : 
    $5,768/mo
    Get pre-qualified
    Condominium
    Built in 1974
    -- sqft lot
    $659,400 Zestimate®
    $560/sqft
    $1,302/mo HOA

    What's special

    Built-in electric fireplaceDramatic floor-to-ceiling windowsExpansive quartz countertopsBuilt-in desk areaAdditional storageBreathtaking unobstructed bay viewsRedesigned primary suite
    Be prepared for the breathtaking, UNOBSTRUCTED BAY VIEWS from this exquisite condominium in the Essex House – one of downtowns most coveted addresses and among the few residences untouched by neighboring development. Exquisitely positioned showcases breathtaking vistas of Siesta Key, Sarasota Big Pass, Marina Jack and Downtown Sarasota. From dramatic floor-to-ceiling windows, enjoy a front-row seat to Sarasota's legendary sunsets every evening. This thoughtfully updated 2+ bedroom, 2 bath residence blends sophistication with comfort. Coffered ceilings with recessed lighting and a built-in electric fireplace create an inviting ambiance - perfect for relaxing as the sun dips into the Gulf. The contemporary kitchen is as functional as it is stylish, featuring stainless steel appliances, open shelving, and expansive quartz countertops ideal for entertaining. The redesigned primary suite offers a serene private retreat, complete with a custom closet, built-in desk area, bench seating with additional storage, dual vanities with quartz countertop, and a beautifully appointed walk-in shower. You will appreciate the clean lines of wood imprinted porcelain tile flooring throughout, additional storage, built-in bookcases and washer/dryer. A true showpiece of the home is the fully enclosed glass Florida Room - an airy and seamless extension of the living space accessible from the living area and both bedrooms. Surrounded by glass and equipped with screens, it is the perfect setting for morning coffee or evening cocktails while soaking in the ever-changing, memorizing views. Located in the vibrant heart of downtown, you are just steps from award-winning dining, theatres, galleries, boutique shopping, and Whole Foods. Residents of the Essex House enjoy premier amenities include a fitness center, pool deck, security, covered garage parking with an assigned space, and pet-friendly living. This is a rare opportunity to own unobstructed water views paired with refined downtown luxury - plus the added peace of mind that all assessments have been paid.
    236 days
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    77
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Rickards, PA 941-356-7040,

    RE/MAX ALLIANCE GROUP 941-954-5454

    Source: Stellar MLS,MLS#: A4675101MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Florida Room, Utility Room
      Primary bedroom
      • Features: Built-in Closet
      • Level: First
      • Area: 204.1 Square Feet
      • Dimensions: 15.7x13
      Bedroom 2
      • Features: No Closet
      • Level: First
      • Area: 178.98 Square Feet
      • Dimensions: 15.7x11.4
      Dining room
      • Level: First
      • Area: 113.96 Square Feet
      • Dimensions: 14.8x7.7
      Florida room
      • Level: First
      • Area: 124.74 Square Feet
      • Dimensions: 19.8x6.3
      Kitchen
      • Level: First
      • Area: 105.23 Square Feet
      • Dimensions: 14.8x7.11
      Living room
      • Level: First
      • Area: 225.45 Square Feet
      • Dimensions: 16.7x13.5
      Heating
      • Central, Electric, Heat Pump
      Cooling
      • Central Air
      Appliances
      • Included: Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator, Washer
      • Laundry: Inside, Laundry Closet, Other
      Features
      • Built-in Features, Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, Eating Space In Kitchen, Elevator, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat
      • Flooring: Porcelain Tile
      • Doors: Outdoor Grill
      • Windows: Blinds, Window Treatments, Hurricane Shutters/Windows
      • Has fireplace: Yes
      • Fireplace features: Electric, Living Room
      Interior area
      • Total structure area: 1,320
      • Total interior livable area: 1,240 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Assigned, Covered, Under Building
      • Attached garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Enclosed, Screened
      • Exterior features: Irrigation System, Lighting, Outdoor Grill
      • Pool features: Gunite, Heated, In Ground
      • Has view: Yes
      • View description: City, Water, Bay/Harbor - Full, Gulf/Ocean - Partial, Intracoastal Waterway, Marina
      • Has water view: Yes
      • Water view: Water,Bay/Harbor - Full,Gulf/Ocean - Partial,Intracoastal Waterway,Marina
      • Body of water: SARASOTA BAY
      Lot
      • Features: City Lot
      • Residential vegetation: Mature Landscaping, Trees/Landscaped
      Details
      • Parcel number: 2036031031
      • Zoning: DTB
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Florida,Traditional
      • Property subtype: Condominium
      Materials
      • Block, Stucco
      • Foundation: Block, Other
      • Roof: Built-Up
      Condition
      • New construction: No
      • Year built: 1974

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected

      Community & HOA

      Community
      • Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, No Truck/RV/Motorcycle Parking, Pool, Wheelchair Access
      • Security: Key Card Entry, Smoke Detector(s)
      • Pet fee: $0 monthly
      • Subdivision: ESSEX HOUSE
      HOA
      • Has HOA: No
      • Amenities included: Cable TV, Clubhouse, Elevator(s), Fitness Center, Lobby Key Required, Maintenance, Pool, Security, Storage, Wheelchair Access
      • Services included: Cable TV, Common Area Taxes, Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
      • HOA fee: $1,302 monthly
      • HOA name: Essex House HOA / Cindy Lang
      • HOA phone: 636-262-2654
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $560/sqft
      • Tax assessed value: $725,100
      • Annual tax amount: $6,333
      • Date on market: 12/16/2025
      • Cumulative days on market: 198 days
      • Listing terms: Cash,Conventional
      • Ownership: Condominium
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $659,400

        $626,000 - $692,000

        $3,171/mo

        Price history

        DateEventPrice
        5/30/2026Pending sale$695,000$560/sqft
        Source: Stellar MLS #A4675101 Report a problem
        5/15/2026Price change$695,000-13%$560/sqft
        Source: Stellar MLS #A4675101 Report a problem
        4/5/2026Price change$799,000-5.9%$644/sqft
        Source: Stellar MLS #A4675101 Report a problem
        3/23/2026Price change$849,000-3%$685/sqft
        Source: Stellar MLS #A4675101 Report a problem
        3/16/2026Price change$875,000-2.2%$706/sqft
        Source: Stellar MLS #A4675101 Report a problem
        2/22/2026Price change$895,000-5.7%$722/sqft
        Source: Stellar MLS #A4675101 Report a problem
        2/11/2026Price change$949,000-4.6%$765/sqft
        Source: Stellar MLS #A4675101 Report a problem
        1/7/2026Price change$995,000-9.5%$802/sqft
        Source: Stellar MLS #A4675101 Report a problem
        12/16/2025Listed for sale$1,100,000+144.4%$887/sqft
        Source: Stellar MLS #A4675101 Report a problem
        4/3/2017Sold$450,000+206.1%$363/sqft
        Source: Public Record Report a problem
        8/14/1996Sold$147,000$119/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,660 +5.2%$465,490 +2.9%
        2024$6,333 +3.1%$452,371 +3%
        2023$6,145 +2.9%$439,195 +3%
        2022$5,974 +2.8%$426,403 +6.3%
        2021$5,809 -1.1%$400,974 +1.4%
        2020$5,872 +2.8%$395,438 +2.3%
        2019$5,714 $386,547 +1.9%
        2018$5,714 +1.7%$379,340 +21.5%
        2017$5,617 +21.1%$312,168 -22.5%
        2016$4,636 $402,900 +12.1%
        2015$4,636 +0.2%$359,300 +21.1%
        2014$4,627 +0.3%$296,761
        2013$4,614 +4%$296,761 +1.7%
        2012$4,435 -1.4%$291,800 -2.5%
        2011$4,499 -13%$299,300 -10.8%
        2010$5,170 +8.2%$335,400 +1.1%
        2009$4,777 $331,700 +0.1%
        2008$4,777 -2.2%$331,369 +3%
        2007$4,882 $321,717 +2.5%
        2006-- $313,870 +3%
        2005-- $304,728 +3%
        2004$4,986 +2.5%$295,852 +16%
        2003$4,864 +4.6%$255,045 +5%
        2002$4,651 +46.2%$242,900 +42%
        2001$3,181 +31.4%$171,088 +35%
        2000$2,421 $126,732
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        82 / 100
        Very Walkable
        43 / 100
        Some Transit
        64 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Southside Elementary
        • Middle: Booker Middle
        • High: Sarasota High

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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