tomo logo

$4,750,000

Beds
3
Baths
4.5
sq ft
3,630

540 N Tamiami Trl Unit 1401, Sarasota, FL 34236

540 N Tamiami Trl Unit 1401

SARASOTA, FL 34236

  • 77 days on market
This towering condominium in the sky, with a deeded air-conditioned garage and additional spaces for four cars, is located in the most desirable end stack in the building. It boasts some of the most breathtaking, unobstructed views of the bayfront, the Gulf of Mexico, and sparkling downtown Sarasota city lights. The unit flows through the entire depth of the building, from front to back, and is enhanced by an ultra-expansive, wrap-around outdoor terrace that’s over 200 feet long, complete with multiple dining, seating, and lounging areas. This iconic building, BLVD, is located directly across the street from the new 53-acre Bay Park project. The area is considered the new heart of downtown, with the park’s waterfront walkability, performing arts center, band shelter, food concessions, garden club, auditorium, kayaking lagoon, butterfly garden, sunset deck, sand beach, fitness activities, and public boat ramp. Inside the finely appointed condominium, which boasts 3,630 square feet of living space and 5,330 square feet overall, it features three spacious bedrooms with ensuite baths and terrace access, plus four and a half baths. A private access elevator opens directly into the foyer, which features oversized walls for art. From here you’ll find a large great room with 11-foot ceilings, an open dining area, floor-to-ceiling impact-rated windows and doors, and bayfront views that are never-ending. The stylish kitchen is perfect for preparing meals and entertaining guests. This central area includes a large marble-tiled island, quartz countertops, appliances that feature Sub-Zero refrigeration, a Wolf oven and five-burner natural gas cooktop, Asko dishwasher, and an Axor kitchen faucet. There’s also premium, custom cabinetry designed in Italy by Irpinia, under cabinet lighting, plus two walk-in pantry closets, each outfitted with oak shelving. Throughout the residence, there are 12 by 60-inch wood-grain porcelain tile and eight-foot solid core doors. The baths feature custom cabinetry, quartz and marble countertops, Kohler plumbing fixtures, frameless glass shower enclosures with multiple spray heads, and full-wall vanity mirrors. Each primary bedroom suite features two walk-in wardrobe closets, with built-ins. A powder room and a separate laundry room are conveniently located off the main hall. In every room of the unit, there are Lutron-controlled motorized window shades and added block-out drapery. This inspiring condominium comes with its own air-conditioned two-car garage with an oversized wall-to-wall window, plus two premium secure, side-by-side parking spaces that are located in the best building location. The unit also has a large, humidity-controlled private storage locker. BLVD hosts only 49 residences and its unique amenities set it apart from other luxury condominiums. Building amenities include an infinity-edge rooftop pool, an outdoor rooftop kitchen with dining areas, chaise loungers, and seating groups for sunset views. The building also affords a reception lobby, secure building access, an owner’s wine room with personal lockers, a fifth-floor outdoor pet lawn, a grooming station, golf simulator room, lounge with bar, boardroom, and a state-of-the-art fitness center. BLVD is intimate, spirited, and rich with fine appointments, features, and amenities. Visit this unit today and see the fine art of downtown living.

Details

Property type

Condominium

Est. home value

$4,899,302

Lot size

Unknown

Price per sq ft

$1,309

Year built

2020

Annual property taxes

$50,021

HOA fee

$9,525

Price History

04/17/2024
StellarMLS

StellarMLS #A4607593

Listed
$4,750,000
+25%
06/30/2021
StellarMLS

StellarMLS #A4501686

Sold
$3,800,000
+15.15%
09/24/2020
StellarMLS

StellarMLS #A4478857

Sold
$3,300,000

Schools & Community

Neighborhood: 

Rosemary District

Elementary school: 

Alta Vista Elementary

Middle school: 

Booker Middle

High school: 

Booker High

Community features: 

Fitness Center, Park, Pool, Sidewalks

Seller’s Loan History

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

Lender

The Northern Trust Co

Loan start date

June 2021

Original loan amount

$2,660,000

Est. remaining balance

Not provided

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Lawrence J Welk Iii and Tracey M Welk

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 10:15 AM

Listing updated: 07/02/2024 at 10:27 AM

Listed by: Thomas Netzel, PREMIER SOTHEBYS INTL REALTY Phone #: (941) 364-4000

MLS: StellarMLS #A4607593

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