Residential Property - Condominium in Sarasota
SOLD for $1,750,000 on August 24, 2023
Listing Price: $1,900,000Sold Price: $1,750,000Sold Price/List Price: 92%
Sold Price/Original List Price: 81.4%
Description of Property
The Iconic Terrace building is a masterpiece designed by renowned architect Frank Folsom Smith. The building is a fortress-like structure that exudes strength and durability. Situated directly on Siesta Key beach, the location is ideal within walking distance to Siesta Key Village and all its offerings. This particular unit has been meticulously renovated with top-of-the-line materials and appliances. The renovation includes new hurricane impact sliders, a tankless hot water heater, and a new HVAC unit. This unit has been featured on the cover of SRQ magazine for its quality and luxury. This 14th floor unit is fully furnished and offers stunning views of the night lights, downtown skyline, and the beach. The rooftop saltwater pool is a beautiful addition that provides privacy and lovely beach views. Take a cocktail out to watch the sunset over the water!!! The building itself has undergone significant upgrades, making it a prestigious address on Siesta Key. Complete Replacement of cast-iron pipes, geothermal well driven HVAC system keeps costs low, new generator for entire building, monitored water sensors in units, installation of new gates at front entrances. Come see for yourself why this property is so special.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Sarasota
County: Sarasota
Subdivision: Terrace
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 1,506
Sq. Ft. Living Area: 1,187
Cost per (heated) sqare foot: $1,601
Year built: 1970
Annual Tax: $10,917
Condo Fee: $3,803 Quarterly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Cable TV
- Community Pool
- Insurance
- Maintenance Structure
- Maintenance Repairs
- Manager
- Pest Control
- Pool Maintenance
- Private Road
- Security
- Trash
Appliances:
- Built-In Oven
- Dishwasher
- Disposal
- Electric Water Heater
- Microwave
- Range
- Refrigerator
Accessibility Features:
Window Features: Window Treatments
Additional Rooms:
Ceiling Type:
Flooring: Porcelain Tile
Schools
Elementary School: Phillippi Shores Elementary
Middle/Junior High School: Brookside Middle
High School: Sarasota High
Pool & Waterfront Info
Private Pool: Not specified
Pool Features: In Ground
Spa Features:
Water Front: Yes
Water Frontage: Gulf/Ocean
Water Access: Yes
Water Access Type: Beach
Water View: Gulf/Ocean - Partial
Water Name: Gulf Of Mexico
Exterior & Construction
Architectural Style:
Construction: Block
Foundation: Slab
Roof: Shingle
- Balcony
- Sliding Doors
- Storage
Carport: Yes
Carport Spaces: 1
- Assigned
- Covered
- Guest
Floors Total: 16
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Heat Pump
Electric:
Patio & Porch Features:
Security Features: Key Card Entry, Smoke Detector(s)
Other Structures:
View:
Fencing:
Utilities:
- Cable Available
- Electricity Connected
- Public
- Water Connected
Sewer: Public Sewer
Water Source: Public
Community Features:
- Association Recreation - Owned
- Buyer Approval Required
- Community Mailbox
- Fitness
- Pool
- Waterfront
Association Amenities:
- Maintenance
- Pool
- Security
- Storage
- Vehicle Restrictions
Lot Information
Lot Features:
Front Exposure: West
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional
Parcel Number: 0080251058
Zoning: RMF3
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: UNIT 144 THE TERRACE
Listing courtesy of MICHAEL SAUNDERS & COMPANY. 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.