Residential Property - Condominium in Sarasota
SOLD for $1,255,000 on June 2, 2023
Listing Price: $1,280,000Sold Price: $1,255,000Sold Price/List Price: 98%
Sold Price/Original List Price: 91.27%
Description of Property
Great opportunity to own a piece of Paradise on Siesta Key! This oversized one bedroom, one bath condominium in the iconic Terrace Building offers opportunities galore. The residence has been completely renovated with upgrades throughout and because of the ample square footage, the owner was able to add a murphy bed in the living area creating additional sleeping space. There are two expansive balconies that surround the entire living area with unobstructed views of the Gulf of Mexico, Siesta Key Beach, Big Pass, and Lido. In addition, there is a balcony off the primary bedroom providing incredible natural light. Amenities include a private beach, elevated heated pool overlooking the beach and gulf, covered parking, and fitness room. This unique building offers what few on Siesta Key can; unparalleled views of Siesta Beach and Gulf of Mexico with walking access to some of the best dining and shopping on the Key in the renowned 'Village.' The building itself recently underwent some renovations including new plumbing, generator, well work, updated lobby, central alarms attached to the plumbing and a geo-thermal HVAC system that keeps costs incredibly low!
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Sarasota
County: Sarasota
Subdivision: Terrace
Bedrooms: 1
Bathrooms: 1
Half Baths: 1
Sq. Ft. Gross: 1,284
Sq. Ft. Living Area: 928
Cost per (heated) sqare foot: $1,379
Year built: 1970
Annual Tax: $7,526
Condo Fee: $3,378 Quarterly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Cable TV
- Common Area Taxes
- Community Pool
- Escrow Reserves Fund
- Insurance
- Maintenance Structure
- Maintenance Grounds
- Maintenance Repairs
- Manager
- Pest Control
- Pool Maintenance
- Security
- Trash
Appliances:
- Dishwasher
- Range
- Refrigerator
Accessibility Features:
Window Features:
Additional Rooms:
Ceiling Type:
Flooring: Ceramic Tile, Tile
Pool & Waterfront Info
Private Pool: Not specified
Pool Features:
- In Ground
- Lighting
- Outside Bath Access
Spa Features:
Water Front: Yes
Water Frontage: Gulf/Ocean
Water Access: Yes
Water Access Type:
- Beach
- Beach - Access Deeded
- Gulf/Ocean
Water View: Beach, Gulf/Ocean - Full
Water Name: Gulf Of Mexico
Exterior & Construction
Architectural Style: Contemporary
Construction: Concrete
Foundation: Slab
Roof: Other
- Balcony
- Outdoor Shower
- Sliding Doors
Carport: Yes
Carport Spaces: 1
- Assigned
- Covered
- Guest
- Off Street
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features: Covered, Patio
Security Features:
Other Structures:
View: Water
Fencing:
Utilities:
- Cable Available
- Cable Connected
- Electricity Available
- Electricity Connected
- Sewer Connected
- Water Available
- Water Connected
Sewer: Public Sewer
Water Source: Public
Community Features:
- Buyer Approval Required
- Deed Restrictions
- Fishing
- Fitness
- Pool
- Water Access
- Waterfront
Association Amenities:
- Fitness Center
- Laundry
- Pool
- Security
- Storage
Lot Information
Lot Features:
Front Exposure: Northwest
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional
Parcel Number: 0080251021
Zoning: RMF3
Senior Community: Yes
Pets Allowed/Pet Policies: Size Limit, Yes
Tax Legal Desc.: UNIT 53, THE TERRACE
Listing courtesy of THE SARASOTA REAL ESTATE COMP.. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.