$975,000
$100K PRICE DROP

Peppertree Bay 1080 W Peppertree Ln Unit 506A Sarasota, FL 34242

Estimated payment $6,918/month

Total Views 7,233
2 Beds
2 Baths
1,163 Sq Ft
$838 Price per Sq Ft

Highlights

  • Beach Front
  • Water access To Gulf or Ocean
  • Heated In Ground Pool
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • 7.21 Acre Lot

About This Home

New Price – Exceptional Beachfront Living in the Heart of Siesta Key.

Experience the essence of coastal luxury in this beautifully appointed 5th-floor residence with commanding views of Siesta Beach, the Gulf of Mexico, and golden sunset skies. Perfectly positioned within the highly desirable Peppertree Gulf-to-Bay community, this spacious two-bedroom, two-bath condominium offers a rare opportunity to own a slice of paradise.

Timeless Spanish-inspired architecture sets the tone, with coffered beam ceilings, graceful arched doorways, and elegant finishes throughout. Walls of windows frame breathtaking Gulf views, flooding the open-concept living and dining spaces with natural light and coastal ambiance.

The thoughtfully designed kitchen features custom wood cabinetry, gleaming granite countertops, stainless steel appliances, and a charming built-in breakfast nook—ideal for casual dining with a view. Retreat to the generous primary suite, complete with a walk-in closet and a luxurious en-suite bath featuring granite-topped vanities and custom cabinetry. A well-appointed guest bedroom and full bath with walk-in shower ensure comfort and privacy for visitors.

Step onto the expansive, enclosed lanai—a multifunctional space that offers the perfect setting for entertaining, working remotely, or hosting overnight guests—all while enjoying spectacular beach and Gulf vistas.

Sold fully furnished, this turnkey residence includes a large laundry room with abundant storage, a full-sized washer and dryer, a private parking space in the under-building garage, and a secure storage locker for all your beach essentials.

Residents of Peppertree Bay enjoy an array of resort-style amenities including a private beach with lounge chairs, two heated swimming pools, fitness center, saunas, tennis and pickleball courts, barbecue grills, a fishing pier, and on-site management. Just a short stroll from Siesta Village's shops and dining, and a quick drive to Sarasota’s cultural attractions, this is coastal living at its finest.

Whether you’re looking for a full-time residence, winter retreat, or investment with rental income potential, this exceptional beachfront property checks every box. Don’t miss your chance to own the Siesta Key lifestyle—where every day feels like a vacation.

Listing Agent

Judie Berger

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #0671663 Listed on: 01/10/2025

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Co-Listing Agent

Ryan Evans

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3605783

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,789

Year Built

  • Built in 1974

Lot Details

  • West Facing Home
  • Street paved with bricks

HOA Fees

  • $1,300 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Beach
  • Full Gulf or Ocean
  • Partial Bay or Harbor

Home Design

  • Florida Architecture
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 1,163 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Combination Dining and Living Room
  • Inside Utility
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Fishing Pier
  • Deeded access to the beach
  • Access To Pond
  • Berth or Dry Dock
  • Exterior Lighting

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, fidelity bond, internet, maintenance structure, ground maintenance, management, pest control, private road, recreational facilities, sewer, trash, water
  • Peppertree Bay/Will Sealey Association, Phone Number (941) 349-7777
  • Visit Association Website
  • Mid-Rise Condominium
  • Peppertree Bay Community
  • Peppertree Bay Iv Subdivision
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions

Amenities

  • Sauna
  • Clubhouse
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,789

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,300 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Fidelity Bond, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1163
  • Lot Size Acres: 7.21
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1462
  • Lot Size Sq Ft: 314253
  • Directions to Property: From Stickney Point Road go West, turn right onto Midnight Pass Rd on Siesta Key. Travel 3/4 mile to Peppertree on the Left (West side of the street). Turn into the 2nd driveway called Peppertree LANE. 1080 building is the only midrise on the West side on that road.
  • Status: Active
  • Street Direction: W
  • Co List Office Mls Id: MFR281519790
  • Co List Office Phone: 941-364-4000
  • Ownership: Condominium
  • Available for Lease YN: 1
  • Escrow State: FL
  • Escrow Street Name: S Tamaimi Tr
  • Floor Number: 5
  • List Office Head Office Key Nume: 537903989
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 838.35
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Property Description: Mid Rise
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dry Dock
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Fishing,Water Access,Waterfront
  • Attribution Contact: 941-364-4000
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Elevator, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Storm Window(s)
  • Street Number Modifier: 1080
  • Additional Rooms: Inside Utility
  • Living Area Meters: 108.05
  • Room Count: 8

Exterior Features

  • Direction Faces: West
  • Other Structures: Tennis Court(s)
  • Pool Features: Heated, In Ground, Lighting
  • Exterior Features: Lighting, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO & SARASOTA BAY
  • Waterfront: Yes
  • Road Surface Type: Brick
  • Water Access: Beach,Beach - Access Deeded,Gulf/Ocean,Gulf/Ocean to Bay,Pond
  • Water Extras: Fishing Pier
  • Water Extras YN: 1
  • Water View: Beach,Gulf/Ocean - Full,Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Additional Water Information: Private Beach

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Guest, Basement

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, No Truck/RV/Motorcycle Parking, Pool, Tennis Court(s), Street Lights
  • Association Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Pickleball Court(s), Pool, Sauna, Security, Tennis Court(s), Vehicle Restrictions
  • Association Name: Peppertree Bay/Will Sealey
  • Phone: 941-349-7777
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Building Name Number: 1080
  • Condo Fees: 1300
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: Propmanager@peppertreebay.com
  • Monthly Condo Fee Amount: 1300
  • Association URL: www.peppertreebay.com

Fee Information

  • Total Annual Fees: 15600.00
  • Total Monthly Fees: 1300.00

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0106034029
  • Additional Parcels: No
  • Lot Features: Street Brick
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 29195

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: 1 month minimum. Lease application and fee must be submitted before tenant move-in date. Call the management office 941-349-7777.

Tax Info

  • Tax Annual Amount: 3789
  • Tax Block: A
  • Tax Book Number: 8-19
  • Tax Lot: 506

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean to Bay
  • Approval Process: Call the office 941-349-7777 and see Condo docs.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,639 $323,096 -- --
2023 $3,639 $313,685 $0 $0
2022 $3,580 $304,549 $0 $0
2021 $3,571 $295,679 $0 $0
2020 $3,579 $291,597 $0 $0
2019 $3,461 $285,041 $0 $0
2018 $3,380 $279,726 $0 $0
2017 $3,363 $273,973 $0 $0
2016 $3,359 $460,400 $0 $460,400
2015 $3,420 $480,500 $0 $480,500
2014 $3,406 $260,451 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Price Changed $975,000 -9.3% $838 / Sq Ft
01/10/2025 01/10/25 For Sale $1,075,000 -- $924 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Warranty Deed $267,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 Credit Line Revolving
Source: Public Records

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Source: Stellar MLS

MLS Number: A4632312

Stellar MLS

APN: 0106-03-4029