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Move-In ReadyNew Construction$525,000 price cut

1335 2ND STREET UNIT Villa 2ENew Construction Home in Sarasota, FL

Sarasota, FL 34236 · Sarasota County

$1,950,000

$2,475,000

$774/sq ft

2 Beds3 Baths2,520 sq ft2-Car GarageBuilt 2022

Photos of 1335 2ND STREET UNIT Villa 2E

1335 2ND STREET UNIT Villa 2E, Sarasota, photo 1 of 301 / 30

Who is building this home?

This home is listed as built by KAST, floor plan Villa. Builder quality, warranty responsiveness, and willingness to fix punch-list items vary enormously between companies in Tampa Bay.

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About this home

The Villa at THE Collection is one of the most unique new estates in the core of downtown. With over 800 SQF of private multiple terraces that create a single family home feel in the middle of the Downtown Core, this Villa is a true urban oasis. With expansive ceiling heights showcasing up to 13’ window walls of glass, natural light will flood the living/dining/kitchen open living area with huge views of the Sarasota Skyline. As day turns to dusk, enjoy gorgeous sunsets and twinkling city lights with the ideal South and West exposure to all of Sarasota. Featuring private access to an exclusive amenity level shared with only 11 neighbors, simply walk over directly from your Villa to the luxurious pool, spa, pool cabanas, fire table, grill, community room, board room, sauna, fitness center and private climate controlled storage - no luxury has been spared. The amenities truly feel like an extension of your private residence. The Villa features custom designed cabinetry, custom walk in closets, pantry and custom Library,quartz counter surfaces, floating vanities, tile throughout, a gas range and Miele appliances. The finest art collectors in the world all begin with one thing in mind – a passion for what they collect and the story of how they started. This is the same tale of The Collection Condominium - A building constructed to the highest level of luxury to emulate art and showcase the very best in lifestyle and design. It is the unique opportunity to translate a passion for Florida sunsets, the best in urban design, and a zest for an artful existence into a way of living. Welcome to the newest residential offering located in the heart of the art district in downtown Sarasota. THE Collection is a testament to boutique luxury, featuring only 12 residences in one of the quietest neighborhoods with a mid-century modern feel. Every residence at THE Collection exudes luxury estate living.

Home details and costs

MLS number
A4684713
Property type
Condominium
Build stage
Move-In Ready
Builder
KAST
Floor plan
Villa
Heated square feet
2,520 sq ft
Total under roof
3,351 sq ft
Stories
1 Story
Subdivision
The Collection Condominium
HOA fee
No HOA
Annual property tax
$23,185 (current assessment)
Days on market
210 days

Heads up on that tax figure. On new construction, the number in the MLS is often the tax on the bare lot, not the finished home. Expect it to jump once the county reassesses with the house on it. How Florida reassesses new builds

What would this home actually cost per month?

Pre-filled with this listing's price and HOA. Adjust anything to match your situation.

Estimated monthly payment

$14,941

$195,000 down (10%) on a $1,755,000 loan

Principal and interest
$11,093
Property tax (estimated)
$2,850
Homeowners insurance
$267
PMI (under 20% down)
$731

CDD defaults to zero, and that is often wrong.Many Tampa Bay new-construction communities carry a Community Development District assessment of roughly $1,500 to $3,000 a year on top of HOA, and it is rarely included in a builder's payment estimate. Ask whether this address is in a CDD before you budget.

Estimates only. Actual taxes, insurance, and assessments vary by address and change year to year.

Get the real numbers on this home

What is negotiable on this home?

This listing shows real leverage signals. Here is what its own numbers say.

  • On the market 210 daysStrong signal

    Past six months on a finished home means the builder has been carrying taxes, insurance, and interest on it the whole time. That cost is real and it is why concessions get easier the longer a home sits.

  • Reduced $525,000 (21%)Strong signal

    Originally listed at $2,475,000. A builder that has already cut once has acknowledged the first number did not work. That is a different conversation than one who has never moved.

  • Finished and standingWorth knowing

    A completed home with a Certificate of Occupancy is inventory, not a future sale. Builders treat standing inventory very differently from a lot they have not broken ground on.

Where builders actually give

Rarely on the published base price. It sets the comp for every unsold home behind this one, and protecting it protects their appraisals. The real room is in closing cost credits, interest rate buydowns, and upgrades moved into the base. Asking for the right one in the right order is most of the job.

Ask Barrett what this builder will move on

Other new construction homes in Sarasota

Listed by Michael Saunders & Company. Listing data provided courtesy of Stellar MLS via Bridge Interactive. Information is deemed reliable but not guaranteed and is provided for consumers' personal, non-commercial use. 1335 2ND STREET UNIT Villa 2E, Sarasota, FL 34236 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.

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