tomo logo

$1,675,000

Beds
2
Baths
2.5
sq ft
1,652

111 S Pineapple Ave Unit 708, Sarasota, FL 34236

111 S Pineapple Ave Unit 708

SARASOTA, FL 34236

  • 80 days on market
    • Price drop $115,000↓
One or more photo(s) has been virtually staged. Primely located in downtown Sarasota, The Mark promises to amaze you with the finest amenities and beautiful finishes. In addition to the 2 side-by-side parking spaces, and an airconditioned large storage unit on the same floor, this unit offers captivating views of the pool and partial bay views. Featuring 2 Brms, plus a den/Brm with a murphy bed, 2.5 baths, and several upgrades which include motorized shades on all the windows, custom lighting, ceiling fans, a modern kitchen with Calacatta quartz counter tops, European cabinetry, Jenn-Air stainless steel appliances, induction cooktop, wine refrigerator, porcelain tile throughout, 10 foot ceilings, all custom-designed closets. The bookcase in the living room is not a built-in and conveys along with the 4 tv’s. The table and banquette seats are not attached and are negotiable. The 24 hour concierge service provides convenience and security. World class amenities include the 5th floor amenity deck sporting a 65 foot resort style heated saltwater pool and spa, lounge area, fire pit, outdoor grills, high tech fitness center, spin room and a club room with fire place, bar, billiards, catering kitchen and newsroom. Everything is at your finger tips, restaurants, theaters, shops, and more. Short drive to the airport and beautiful sandy beaches.

Details

Property type

Condominium

Est. home value

$397,413

Lot size

Unknown

Price per sq ft

$1,014

Year built

2019

Annual property taxes

$14,181

HOA

No

Price History

02/24/2025
StellarMLS

StellarMLS #A4635351

Price change
$1,675,000
-6.42%
01/10/2025
StellarMLS

StellarMLS #A4635351

Listed
$1,790,000
+8.48%
03/09/2023
StellarMLS

StellarMLS #A4551028

Sold
$1,650,000
+74.18%

Schools & Community

Neighborhood: 

5 Points

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Pool

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,382,504
Asking price
$1,675,000
Closing costs (~8% of asking)
-$134,000
Est. remaining loan balance
-$158,496
Cash to seller
$1,382,504

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

May 2016

Original loan amount

$196,377

Est. remaining balance

$158,496

Interest rate

3.59%

Loan type

FHA, 30 year

Seller

Larry Underwood and Jennifer Underwood

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 03/31/2025 at 8:25 AM

Listing updated: 03/17/2025 at 12:09 PM

Listed by: Bibi-Ann Allard, PA, MICHAEL SAUNDERS & COMPANY Phone #: (941) 951-6660

MLS: StellarMLS #A4635351

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