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Sold for $1,600,000
  • $1,600,000

    988 BLVD OF THE ARTS #512, SARASOTA, FL 34236

    2beds
    1,729sqft
    Condominium
    Built in 1982
    -- sqft lot
    $1,374,100 Zestimate®
    $925/sqft
    $5,757 Estimated rent

    Home value

    $1,374,100

    $1.24M - $1.53M

    $5,757/mo

    Zestimate® history
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    What's special

    Private boat docksTray ceilingChic rosemary districtSub zero refrigeratorBuilt-in barCultural offerings downtownPickleball courts
    Welcome to this stunning, high-end renovated two bedroom condo with breathtaking views of Sarasota Bay, the Ringling Bridge and Longboat Key. Priced to sell, this custom designed light-filled open floor plan exudes warmth and sophistication, making it the perfect place to call home. As you enter the elegant living room, you will immediately notice its perfect layout for entertaining guests. Step outside to the generously sized private terrace where you and your guests can savor the spectacular scenery and mesmerizing sunsets. This outdoor space is ideal for dining, relaxing or entertaining. The kitchen, remodeled by top kitchen design firm Campbell Cabinetry Design, features top-of-the-line appliances, including a Sub Zero refrigerator. A tray ceiling and built-in bar add stylish details. The dining room, with magnificent views of the water and city through the large West and North-facing windows, is the perfect place to host dinner parties. Retire to the sumptuous primary suite, which faces the bay and features sliders to the terrace, a sitting area and a remodeled, chic bathroom. It's the perfect place to unwind after a long day. The 24 hour guard-gated Condo On The Bay community is next door to the beautiful new 40-acre park, The Bay, and is close to a plethora of dining, shopping, arts and cultural offerings downtown, as well as in the chic Rosemary District and St. Armand's Circle. Community amenities include two resort-style pools, private boat docks, tennis and pickleball courts and fitness facilities. This residence also comes with one under building parking space and a storage unit. Don't miss this opportunity to enjoy a luxurious waterfront lifestyle in a one of a kind, beautifully property at a great price. Least expensive per square foot price on a renovated unit. Over 250,000 in renovations, which would now cost closer to three 350,000. Not to mention the aggravation.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nora Johnson 941-809-1700,

    MICHAEL SAUNDERS & COMPANY 941-951-6660

    Bought with:

    Domanic Calamese, 3492377

    KW COASTAL LIVING III

    Source: Stellar MLS,MLS#: A4566992MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: First
    • Dimensions: 22x14
    Bedroom 2
    • Level: First
    • Dimensions: 16x14
    Dining room
    • Level: First
    • Dimensions: 14x11
    Kitchen
    • Level: First
    • Dimensions: 12x12
    Living room
    • Level: First
    • Dimensions: 16x15
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Cooktop, Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer
    • Laundry: Laundry Closet
    Features
    • Built-in Features, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s)
    • Flooring: Carpet
    • Doors: Sliding Doors
    • Windows: Blinds, Shades
    • Has fireplace: No
    Interior area
    • Total structure area: 1,729
    • Total interior livable area: 1,729 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Common
    • Attached garage spaces: 1
    Features
    • Levels: Three Or More
    • Stories: 3
    • Pool features: Auto Cleaner, Deck, Heated, In Ground
    • Has view: Yes
    • View description: Water
    • Water view: Water
    • Waterfront features: Waterfront, Bay/Harbor Access, Intracoastal Waterway Access, Fishing Pier, Seawall
    • Body of water: SARASOTA BAY
    Details
    • Parcel number: 2009096032
    • Zoning: DTB
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium
    Materials
    • Block, Stucco
    • Foundation: Slab
    • Roof: Tile
    Condition
    • Completed
    • New construction: No
    • Year built: 1982

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Private
    • Utilities for property: Cable Available, Public

    Community & HOA

    Community
    • Features: Dock, Fishing, Marina, Private Boat Ramp, Water Access, Waterfront, Buyer Approval Required, Deed Restrictions, Fitness Center, Pool
    • Pet fee: $0 monthly
    • Subdivision: CONDO ON THE BAY TOWER II
    HOA
    • Has HOA: No
    • Amenities included: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Pickleball Court(s), Pool, Recreation Facilities, Security, Storage, Tennis Court(s)
    • Services included: 24-Hour Guard, Cable TV, Community Pool, Reserve Fund, Insurance, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Security, Trash, Water
    • HOA fee: $1,573 monthly
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $925/sqft
    • Tax assessed value: $1,210,700
    • Annual tax amount: $10,260
    • Date on market: 4/14/2023
    • Cumulative days on market: 95 days
    • Ownership: Condominium
    • Total actual rent: 0
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    8/17/2023Sold$1,600,000-3.9%$925/sqft
    Source: Stellar MLS #A4566992 Report a problem
    7/21/2023Pending sale$1,665,000$963/sqft
    Source: Stellar MLS #A4566992 Report a problem
    7/10/2023Price change$1,665,000-0.8%$963/sqft
    Source: Stellar MLS #A4566992 Report a problem
    5/3/2023Listed for sale$1,678,000+179.7%$971/sqft
    Source: Stellar MLS #A4566992 Report a problem
    4/18/2023Sold$600,000-65.2%$347/sqft
    Source: Public Record Report a problem
    4/14/2023Listed for sale$1,725,000+320.7%$998/sqft
    Source: Stellar MLS #A4566992 Report a problem
    4/28/2022Listing removed--
    Source: Zillow Rental Network_1 Report a problem
    4/26/2022Listed for rent$7,500$4/sqft
    Source: Zillow Rental Network_1 #A4529808 Report a problem
    4/5/2010Sold$410,000+61.4%$237/sqft
    Source: Public Record Report a problem
    3/30/1999Sold$254,000$147/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,452 -7.7%$1,210,700 -9.7%
    2024$19,982 +70.4%$1,340,100 +117%
    2023$11,726 +14.3%$617,451 +10%
    2022$10,261 +24.2%$561,319 +10%
    2021$8,260 +8.1%$510,290 +10%
    2020$7,640 -7%$463,900 -7.5%
    2019$8,214 $501,300 -8.1%
    2018$8,214 -8.1%$545,400 +6.2%
    2017$8,940 +12.9%$513,460 -1.3%
    2016$7,921 $520,200 +5.1%
    2015$7,921 +10.3%$495,100 +41.2%
    2014$7,181 +14.7%$350,700
    2013$6,263 +12.5%$350,700 +10.6%
    2012$5,568 +8.7%$317,000 +7.7%
    2011$5,122 -8.7%$294,400 -17.6%
    2010$5,608 -25.9%$357,400 -7%
    2009$7,566 $384,200 -23.9%
    2008$7,566 -4.8%$505,000 -1.3%
    2007$7,952 $511,566 +2.5%
    2006-- $499,089 +3%
    2005-- $484,552 +21%
    2004$7,283 -4.9%$400,300 -1.9%
    2003$7,657 +23.6%$407,991 +23%
    2002$6,197 +46.9%$331,700 +42%
    2001$4,219 +2.3%$233,595 +3%
    2000$4,124 $226,791
    Find assessor info on the county website

    Neighborhood: 34236

    Nearby schools

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    Estimated market value
    $1,374,100
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    Estimated market value
    $1,374,100