NOT LISTED FOR SALE

1055 W Peppertree Dr Unit 501AA Sarasota, FL 34242

Estimated Value: $871,000 - $977,483

2 Beds
2 Baths
1,105 Sq Ft
$674/mo HOA Fee

Last Sold February 28, 2022

Last sale price $955,000 $864 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $6,512/month

87 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Private Beach
  • Elevator
  • Phillippi Shores Elementary School Rated A
  • Full Gulf or Ocean Views

About This Home

As of February 2022

BEACH SIDE, FULL BEACH and FULL GULF VIEWS in this outstanding Peppertree Bay condo located on Siesta Key with its very own private beach access. This is your chance to live the good life, sit back, relax and enjoy. This luxurious condominium has 2 bedrooms and 2 full bathrooms. The floors are real hardwood not laminate and there is plenty of living space for family and friends with the open floor plan. Natural light pours in through the windows and your expansive enclosed balcony awaits to sit and enjoy your morning coffee, also enjoy colorful sunsets in your own oasis in paradise. Your own private laundry room w/ washer & dryer in unit (very rare for Siesta Key Condos) offers cabinets with more storage space. This resort style community sits on over 16 acres to give it a world class resort feel. Amenities include two community pools (one beach side and another bay side) which provides beautiful sunrises & sunsets, a bathhouse with fitness center, sauna, showers, and two tennis courts. The Clubhouse offers reservations to host parties, outside seating and community grills (gas and charcoal). Plenty of beach chairs are available on the beach along with a few cabanas and picnic tables. On the bay side you will find a second community pool, clubhouse and fishing pier allowing easy access to bay front fishing. This is truly a resort style feel and the quartz sand beaches are your back yard living experience. Covered parking garage- private parking space #501 with 2 storage bins. Heaven on earth is the only way to describe this lifestyle opportunity. Do not miss out on your chance to live your best life here. Whether you make this your new residence or seasonal home this quality of living is at your fingertips. Close proximity to the Siesta Key Village which offers shopping, restaurants and entertainment. It is also minutes away to Downtown Sarasota's city life which offers many shops, bars, restaurants with fine dining, Sarasota Opera House, Van Wezel Performing Arts Hall, McCurdy's Comedy Theatre, Marina Jacks and much more. Easily commute to and from the Sarasota airport and there are local concierge services available to you as well. Start making lasting memories now!! CALL TODAY, WON'T LAST LONG.

Last Agent to Sell the Property

Joshua Beckmann

BECKMANN REAL ESTATE License #0412490 Listed on: 11/23/2021

Last Buyer's Agent

Joshua Beckmann

BECKMANN REAL ESTATE License #0412490 Listed on: 11/23/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,816

Year Built

  • 1974

Lot Details

  • 7.2

HOA Fees

  • $674 Monthly HOA Fees

Parking

  • 1

Outdoor Features

  • Water access To Gulf or Ocean
  • Fishing Pier
  • Deeded access to the beach

Additional Features

  • Private Beach
  • Full Gulf or Ocean Views

Listing and Financial Details

Community Details

Overview

  • Mid-Rise Condominium
  • Peppertree Bay Community
  • Rental Restrictions

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,816

Year Built

1974

Lot Details

0

HOA Fees

$674 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Carport Y N: No
  • Directions: From Stickney Point Road head west to Midnight Pass Road, turn right. Straight down about 3/4 of a mile to Peppertree Bay community. Southern most entrance pull into Peppertree and go all the way down towards the beach to the closest high rise to the beach, building #1055. Park. Go to end toward beach, last high rise on Right is bldg. 1055, guest parking is to the Left.
  • Garage Yn: Yes
  • New Construction: No
  • Ownership: Condominium
  • Road Surface Type: Asphalt
  • Subdivision Name: PEPPERTREE BAY IV
  • Water Body Name: Gulf Of Mexico
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4517324?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4517324?w=Customer
  • Floor Number: 5
  • Homestead Y N: Yes
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Mid Rise
  • Ratio: Close Price\List Price: 0.86818
  • Price per Sq Ft: 864.25
  • Close to Original List Price Ratio: 0.764
  • Ratio: Current Price\Building Area Total: 699.63
  • Special Features: None
  • Year Built: 1974

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Hardwood
  • Furnished: Unfurnished
  • Interior Amenities: Ceiling Fans(s), Elevator, Living Room/Dining Room Combo, Open Floorplan, Walk-In Closet(s), Window Treatments
  • Private Spa: No
  • Stories: 1
  • Window Features: Window Treatments
  • Room Count: 7

Exterior Features

  • Roof: Built-Up
  • Exterior Features: Balcony, Lighting, Tennis Court(s)
  • Foundation Details: Stilt/On Piling
  • View: Water
  • Construction Type: Concrete
  • Direction Faces: East
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure
  • Patio And Porch Features: Enclosed
  • Pool Features: Heated, In Ground, Lighting
  • Pool Private: No
  • Waterfront: No
  • Water View: Gulf/Ocean - Full
  • Water Access: Beach - Access Deeded, Beach - Private, Gulf/Ocean
  • Water Extras: Fishing Pier
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes

Garage/Parking

  • Parking Features: Guest, Reserved, Under Building
  • Attached Garage: No
  • Garage Spaces: 1
  • Open Parking: No

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Public
  • Public Remarks Required: One or more photo(s) has been virtually staged.

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Name: Jim Freeman
  • Phone: 941-349-7777
  • Association: Yes
  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Fitness, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts, Water Access, Waterfront, Wheelchair Access
  • Pets Allowed: No
  • Senior Community: No
  • Condo Fees: 674
  • Condo Fees Term: Monthly
  • Association Email: jfreeman@peppertreebay.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 674
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Association Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Total Annual Fees: 8088
  • Total Monthly Fees: 674

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 313712
  • Zoning: RMF3
  • Flood Zone Code: AE

Rental Info

  • Minimum Lease: 1 Month
  • Num Timesper Year: 4
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: One month minimum 4 times a year. No pets.

Tax Info

  • Tax Annual Amount: 5219.82
  • Tax Book Number: 8-19
  • Tax Lot: 0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2021
Closed on
Feb 28, 2022
Sold by
Kerstan Reinhold J and Kerstan Inger T
Bought by
Zamir Leah and Zamir Mark
Seller's Agent
Joshua Beckmann
BECKMANN REAL ESTATE
Buyer's Agent
Joshua Beckmann
BECKMANN REAL ESTATE
List Price
$1,250,000
Sold Price
$955,000
Premium/Discount to List
-$295,000
-23.6%
Current Estimated Value
$933,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,129
Avg. Annual Appreciation
-0.61%

Purchase Details

Closed on
Mar 19, 2002
Sold by
Kerstan Reinhold J and Kerstan Inger B
Bought by
Kerstan Reinhold J and Kerstan Inger B
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zamir Leah $955,000 Sarasota Title Services
Kerstan Reinhold J -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2022 02/28/22 Sold $955,000 -13.2% $864 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
01/27/2022 01/27/22 Price Changed $1,100,000 -12.0% $995 / Sq Ft
11/22/2021 11/22/21 For Sale $1,250,000 -- $1,131 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,816 $912,400 -- $912,400
2023 $10,816 $893,900 $0 $893,900
2022 $9,699 $792,100 $0 $792,100
2021 $5,220 $431,921 $0 $0
2020 $5,243 $425,958 $0 $0
2019 $5,076 $416,381 $0 $0
2018 $4,969 $408,617 $0 $0
2017 $4,947 $400,213 $0 $0
2016 $4,942 $463,600 $0 $463,600
2015 $5,035 $483,900 $0 $483,900
2014 $5,016 $380,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joshua Beckmann

    Seller's Agent in 2022

    Joshua Beckmann

    BECKMANN REAL ESTATE

    (941) 321-3500

    17 in this area

    41 Total Sales

    Joshua Beckmann
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Map

Source: Stellar MLS

MLS Number: A4517324

Stellar MLS

APN: 0106-03-4073

Florida Sarasota County Sarasota 34242

1055 W Peppertree Dr Unit 501AA, Sarasota, FL

This home is located at 1055 W Peppertree Dr Unit 501AA, Sarasota, FL 34242 since 23 November 2021 and is currently estimated at $933,871, approximately $845 per square foot. This property was built in 1974. 1055 W Peppertree Dr Unit 501AA is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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