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Business Observer Thursday, Jun. 2, 2022 4 months ago

Condo formerly owned by well-known philanthropist on the market for nearly $8M

Howard Tibbals built a replica model of the Ringling Bros. and Barnum & Bailey Circus that is currently displayed at the John and Mable Ringling Museum of Art.

A waterfront condominium within the gated Longboat Key Club recently stepped foot onto the market for $7.95 million. 

The 5,100-square-foot residence is the highest priced listing in the L’Ambiance condominium complex, according to a statement. It’s being marketed exclusively by Premier Sotheby’s International Realty’s Laura Pearson and Carmen Baskind, who both work in the downtown Sarasota office. 

The residence was formerly owned by philanthropist Howard Tibbals, a well-known local who created the Howard Bros. Circus Model. The model, a 0.75-inch-to-the-foot scale replica of the 1930s-era Ringling Bros. and Barnum & Bailey Circus, is on display in the Tibbals Learning Center at the Ringling Museum of Art. 

With five bedrooms and four-and-two-half bathrooms spread across one level, the condo was originally designed as a single unit.

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