NOT LISTED FOR SALE

Peppertree Bay 1080 W Peppertree Ln Unit 303A Sarasota, FL 34242

Estimated Value: $646,000 - $725,000

2 Beds
2 Baths
1,365 Sq Ft
$1,125/mo HOA Fee

Last Sold December 22, 2023

Last sale price $770,000 $564 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $5,185/month

124 Days on Market

Highlights

  • Beach Access
  • Fitness Center
  • Fishing
  • Phillippi Shores Elementary School Rated A
  • In Ground Pool
  • Pond View

About This Home

As of December 2023

STRONG INCOME PRODUCER FEB & MARCH 2024,ALREADY BOOKED FOR $10k PER MONTH! Indulge in the Ultimate Siesta Key Getaway at this Breathtaking Condo! If you're searching for a luxurious tropical escape, look no further than this stunning 2-bedroom, 2-bathroom condo. With an additional bonus room serving as a third bedroom, this recently renovated condo comfortably sleeps six – perfect for families and groups of friends. Situated in the highly coveted Peppertree complex – a beach-to-bay community nestled on 16 acres of pristine Siesta Key property – this secured midrise condo is perfectly located on the beachside of the road. As you walk on the property you will take in the breathtaking views of Siesta Key's crystalline quartz sand, the sparkling ponds, and tranquil bay. In fact, Siesta Key was ranked #1 in the nation for the best beach – and you'll be able to enjoy it all from the comfort of your own vacation spot. The condo features elegant features throughout, including custom cabinets and granite countertops in the kitchen and both bathrooms, stainless steel appliances, crown molding, wine refrigerator, AC 2022, walk-in showers, walk-in closet, newer windows and doors. The open-floor plan reveals the kitchen, breakfast bar, dining room, living room, and lanai. The large utility room accommodates the full sized washer and dryer and has ample storage space. The guest room offers an amazing view of the pond, and the master suite is the perfect place to relax and unwind. Peppertree offers a variety of amenities, including a private beach, two heated pools, two clubhouses, tennis courts, pickleball, a fitness center, fishing pier, and BBQ areas. Nightly and weekend security on the property and on-site management provide peace of mind for renters and owners alike. Assigned covered parking under the building is located near the elevator for your convenience, and additional storage is located near your car for all your beach essentials. With its unbeatable location being just 175 steps away from the beach and minutes away from shopping, dining, entertainment, golfing, boating, and Sarasota's Arts and Culture District – home to galleries, theaters, and an opera house – this luxurious condo has everything you could ever want for your dream vacation. Don't miss out on this opportunity – call today to schedule a showing of this beautiful home!

Last Agent to Sell the Property

Cheryl Santelli

PEPPERTREE BAY REALTY INC Brokerage Phone: 941-349-7777 License #3092756 Listed on: 07/15/2023

Co-Listed By

Eliza Miller

PEPPERTREE BAY REALTY INC Brokerage Phone: 941-349-7777 License #3336382

Last Buyer's Agent

Dave Brown

EXP REALTY LLC License #3340987

EXP REALTY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,819

Year Built

  • Built in 1974

Lot Details

  • West Facing Home
  • Street paved with bricks

HOA Fees

  • $1,125 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

  • Entry on the 3rd floor
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 1,365 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Window Treatments
  • Combination Dining and Living Room
  • Luxury Vinyl Tile Flooring
  • Pond Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Wheelchair Access

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Access To Pond
  • Fishing Pier
  • Deeded access to the beach
  • Exterior Lighting
  • Private Mailbox

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, fidelity bond, insurance, internet, management, pest control, private road, recreational facilities, security, sewer, trash, water
  • Peppertree Bay/Jesse Carter Association, Phone Number (941) 349-7777
  • Peppertree Bay Community
  • Peppertree Bay IV Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions
  • Community features wheelchair access

Amenities

  • Sauna
  • Laundry Facilities
  • Elevator

Recreation

  • Fishing

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,819

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,125 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Management, Pest Control, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1365
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1365
  • Status: Sold
  • Street Direction: W
  • Co List Office Mls Id: MFR281502150
  • Co List Office Phone: 941-349-7777
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • Floor Number: 3
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 564.10
  • Water Access YN: 1
  • Property Description: Elevated,End Unit,Mid Rise
  • Attribution Contact: 941-349-7777
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Crown Molding, Elevator, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 126.81

Exterior Features

  • Direction Faces: West
  • Pool Features: In Ground
  • Exterior Features: Lighting, Private Mailbox, Sidewalk, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Brick
  • Water Access: Beach,Beach - Access Deeded,Pond
  • Water Extras: Fishing Pier
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Guest, Under Building

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Fitness Center, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts, Water Access, Waterfront, Wheelchair Access
  • Association Amenities: Elevator(s), Fitness Center, Laundry, Maintenance, Pickleball Court(s), Pool, Sauna, Security, Tennis Court(s), Vehicle Restrictions, Wheelchair Access
  • Association Fee: 1125
  • Association Fee Frequency: Monthly
  • Association Name: Peppertree Bay/Jesse Carter
  • Phone: 941-349-7777
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Condo Fees: 0
  • Condo Land Included YN: 0
  • Association Email: jcarter@peppertreebay.com

Fee Information

  • Total Annual Fees: 13500.00
  • Total Monthly Fees: 1125.00
  • Monthly HOA Amount: 1125.00

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0106034015
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: One month minimum. No dogs

Tax Info

  • Tax Annual Amount: 5819.2
  • Tax Block: A
  • Tax Book Number: 8-19
  • Tax Lot: 303

Multi Family

  • Approval Process: Owners that want to rent their unit can contact Peppertree Rental 941-349-7777 if they want to use the service.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2023
Closed on
Dec 20, 2023
Sold by
Gallante Joseph M
Bought by
Caraj Mira and Caraj Endri
Seller's Agent
Cheryl Santelli
PEPPERTREE BAY REALTY INC
Buyer's Agent
Dave Brown
EXP REALTY LLC
List Price
$899,900
Sold Price
$770,000
Premium/Discount to List
-$129,900
-14.43%
Views
173
Current Estimated Value
$683,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$86,360
Avg. Annual Appreciation
-6.23%
Original Mortgage
$539,000
Outstanding Balance
$530,053
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$153,587

Purchase Details

Closed on
Dec 21, 2021
Sold by
Gallante Joseph M and Gallante Rachel L
Bought by
Gallante Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
2.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 1996
Sold by
Dixon Lorna
Bought by
Gallante Joseph M and Assiff Judith K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.97%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Caraj Mira $770,000 None Listed On Document
Gallante Joseph M -- None Available
Gallante Joseph M $155,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caraj Mira $539,000
Previous Owner Gallante Joseph M $175,000
Previous Owner Gallante Joseph M $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2023 12/22/23 Sold $770,000 -6.0% $564 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
10/27/2023 10/27/23 Price Changed $819,000 -3.6% $600 / Sq Ft
09/27/2023 09/27/23 Price Changed $849,500 0.0% $622 / Sq Ft
09/14/2023 09/14/23 Price Changed $849,900 -5.6% $623 / Sq Ft
07/15/2023 07/15/23 For Sale $899,900 -- $659 / 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 $5,789 $602,700 -- $602,700
2023 $5,789 $459,500 $0 $459,500
2022 $5,819 $460,300 $0 $460,300
2021 $3,778 $313,463 $0 $0
2020 $3,788 $309,135 $0 $0
2019 $3,659 $302,185 $0 $0
2018 $3,575 $296,551 $0 $0
2017 $3,557 $290,452 $0 $0
2016 $3,554 $337,100 $0 $337,100
2015 $3,619 $351,700 $0 $351,700
2014 $3,605 $276,116 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4576052

Stellar MLS

APN: 0106-03-4015