tomo logo

$739,000

Beds
1
Baths
2.0
sq ft
858

1703 N Tamiami Trl Unit 404, Sarasota, FL 34234

1703 N Tamiami Trl Unit 404

SARASOTA, FL 34234

  • 133 days on market
    • Price drop $10,000↓
Welcome to The Strand, an exquisite never-lived-in unit with a boat slip! This bright and inviting 1 bedroom + den and 2 full bath unit features a spacious open-plan living area with sliders leading to a wide terrace, providing a perfect spot for your morning coffee or evening relaxation. The well-appointed kitchen is a culinary haven with stainless Steele appliances, and the master bedroom boasts a walk-in closet for added convenience. Additionally, a separate den/office with a closet offers versatility for guests or a home office. Situated in the gated community of The Strand, nestled on Whitaker Bayou, enjoy direct access to Sarasota Bay and the Gulf of Mexico. Just one mile north of downtown Sarasota, this location places you amidst the vibrant arts scene, delectable dining options, and diverse shopping experiences. Your comfort is prioritized with one allocated, covered parking spot under the building, ensuring convenience and security along with a dedicated storage unit. The community itself boasts a range of amenities, including a heated pool and spa, a fitness center, kayak/paddleboard launch, fishing spots, a dog walking area, outdoor grills, and electric car charging stations. Perfectly positioned near Ringling College and Museum, New College, SRQ Airport, and with quick access to St Armand’s Circle, Lido Beach, and Longboat Key, The Strand offers a lifestyle of convenience and luxury. This exceptional unit is available furnished or unfurnished. Don't miss the opportunity to call The Strand home—a private enclave with resort-style living, combining elegance and modernity in Sarasota's coveted waterfront setting. Whether you seek a primary residence, vacation home, or investment property, with a 1-week minimum lease period The Strand exceeds expectations, inviting you to experience the pinnacle of Sarasota living.

Details

Property type

Condominium

Est. home value

$453,796

Lot size

Unknown

Price per sq ft

$862

Year built

2022

Annual property taxes

$3,990

Monthly HOA fee

$492.67

Price History

04/17/2024
StellarMLS

StellarMLS #A4600461

Price change
$739,000
-1.34%
02/21/2024
StellarMLS

StellarMLS #A4600461

Listed
$749,000
+22.19%
07/24/2023
StellarMLS

StellarMLS #N6127483

Sold
$613,000

Schools & Community

Neighborhood: 

Tahiti Park

Elementary school: 

Gocio Elementary

Middle school: 

Booker Middle

High school: 

Booker High

Community features: 

Gated, Clubhouse, Fitness Center, 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

$450,771
Asking price
$739,000
Closing costs (~8% of asking)
-$59,120
Est. remaining loan balance
-$229,109
Cash to seller
$450,771

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

Seller’s Loan History

Lender

The Mortgage Firm Inc

Loan start date

June 2021

Original loan amount

$245,000

Est. remaining balance

$229,109

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

William Pan and Kelly Gao

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: 07/03/2024 at 10:25 AM

Listing updated: 05/05/2024 at 2:39 PM

Listed by: Daria Fairchild, COLDWELL BANKER REALTY Phone #: (941) 366-8070

MLS: StellarMLS #A4600461

StellarMLS logo

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