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Back 16b/500 S Washington Dr
Off Market

16b/500 S Washington Dr

Sarasota FL 34236

1
1
1
838 sq. ft.
Condo
Last sold for $510,000
Mark KleckaMark Klecka, last sold this property on 16 April 2024 after 252 days on market.

Overview

Welcome to the epitome of coastal elegance. This one bed, one bath Kingston Arms condo unit is nestled in the heart of the tropical paradise which is St Armands and Lido Beach. This totally remodeled unit is currently the only opportunity within this highly desirable and iconic building. Just steps away from both the elegance of St Armands Circle and the relaxation of Lido Beach, no detail of this open, bright and airy unit has been overlooked. The roof of entire complex was replaced one year ago, all original property doors are being replaced by modern hurricane impact doors and building's elevators conveniently located, as is the sparkling pool and the cool beach sands of Lido. High impact hurricane windows and heavy-duty impact sliders surround the unit and large crown molding and recessed lighting add to its designer look. Step into a haven of modern sophistication where natural light dances upon gleaming porcelain floors, leading you to an open living area adorned with tasteful finishes and designer touches. During the remodeling, insulated sound deadening material was laid into the walls adding to the peaceful environment. The kitchen boasts stainless steel appliances and granite countertops perfect for culinary creations. Retreat to the serene bedroom sanctuary, offering plush comfort and tranquil ambiance. Outside, a private balcony beckons for morning coffees or evening wine, while the community amenities include a sparkling pool and lush landscaping, providing for a resort-like atmosphere. The new owner will enjoy the best of BOTH worlds here at their new Kingston Arms unit. Jumping on the free Bayrunner will swiftly deliver one to all the vibrancy and excitement downtown Main Street Sarasota has to offer, while returning is equally easy and free. Spend blissful afternoon at the beach or walk and dine at some of the world's most attractive boutiques, spas and restaurants. No need for a vehicle here, although one does enjoy an assigned, covered parking space, a private outdoor storage area and brand-new washers and driers located directly under the unit. This particular unit makes for an excellent permanent residence, a tropical get-away for half the year or a full-on investment rental. With its prime location this captivating Kingston Arms unit presents a rare opportunity for luxurious coastal living that's simply irresistible.

Features

1 bedroom
1 bathroom
1 carspace
1 carport space
838 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Sarasota over the last 12 months, the estimated median property value of 16b/500 S Washington Dr is $412.5k.

Median value
$412.5k
Estimated value range
$220k - $869k
Median days on market
92
Estimated value trend
-24%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Sarasota. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 16b/500 S Washington Dr

2024
Sold
$510,000
16 Apr 2024 by Mark Klecka, of COLDWELL BANKER REALTY
2017
Sold
$255,000
12 Jan 2017 by Cary Fletcher, of RIVER HILLS REALTY, INC.

Happy sellers in Sarasota

90%
90% of sellers in Sarasota reported that their sale price either exceeded or met their price expectations.

Sarasota stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Sarasota over the last 12 months.

Local market activity for 1 bedroom condos in Sarasota

In the last 12 months, 36 one-bedroom condos similar to 16b/500 S Washington Dr, have been sold.

This represents a 36% increase in one-bedroom condos sales when compared to the previous 12 months.

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