Skip to main content
Real Estate
Penthouse M at L'Ambiance sold for $6.75 million today.
Longboat Key Friday, Apr. 26, 2013 2 years ago

Record sales recorded on Key

Share
by: Robin Hartill Managing Editor

 

 

 

A L’Ambiance penthouse sold today for $6.75 million — the highest price recorded for a condominium unit in Sarasota County history, according to property records.

Cheryl Loeffler, of Premier Sotheby’s International Realty, listed and sold the unit, which went under contract 19 days after it was listed.

The sellers were Michael and Joanne Masin, who paid $5.95 million for it in March 2005.

“They went in and decided to truly optimize it,” said Loeffler, who said that the unit has a new kitchen, lenai, doors, windows, flooring and exterior floors. “It was like a fine, masterpiece painting. Of course, location continues to be paramount, but if something is this well done, it’s always going to be in demand.”

The 5,170-square-foot home has four bedrooms, six-and-a-half bathrooms and 2,400 square feet of wraparound terraces, according to a prepared statement.

In another sale, a Country Club Shores home at 596 Outrigger Lane sold Thursday for $3.8 million, the highest price paid for a home in the neighborhood in five years.

Maureen Horn, of Michael Saunders & Co., listed the home, which went under contract in 74 days. Brad Tritschler, of Premier Sotheby’s International Realty, represented the buyer.

Property records list the sellers as Gary and Sandy Clayton. The buyers’ names were not immediately available.

Built in 2004, the 5,496-square-foot home has five bedrooms and five-and-a-half bathrooms. It last sold for $4.3 million in December 2006.

For more information, pick up a May 2 copy of the Longboat Observer.

Contact Robin Hartill at rhartill@yourobserver.com.

 

Related Stories