NOT LISTED FOR SALE

Peppertree Bay 1200 E Peppertree Ln Unit 407 Sarasota, FL 34242

Estimated Value: $744,000 - $792,000

2 Beds
2 Baths
1,460 Sq Ft
$1,174/mo HOA Fee

Last Sold July 30, 2024

Last sale price $820,000 $562 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $6,052/month

179 Days on Market

Highlights

  • 400 Feet of Ocean or Gulf Waterfront
  • Water access To Gulf or Ocean
  • Heated In Ground Pool
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • Fish Cleaning Station

About This Home

As of July 2024

Breathtaking Sunsets and Gorgeous Views: Fully Renovated Beach Condo on Siesta Key.
Are you searching for a luxurious beach condo with stunning Gulf views and deeded beach access? Look no further than this newly available 2 bedroom/2 bathroom unit that has been completely updated with lavish finishes throughout.

Step inside and get ready to be captivated by the mesmerizing views that await you. Enjoy your coffee, wine or simply relax on the spacious lanai which offers a comfortable space to soak in the gulf breezes while admiring the gorgeous landscape.

This light-filled unit features a remodeled kitchen, including soft-close cabinets/drawers, stainless steel appliances, porcelain plank tile throughout, crown molding, and beautiful bathrooms. With ample storage space, in-unit laundry, new impact windows/sliding doors (2013) and A/C (2014), you can enjoy the gulf breezes or stay cool in the heat of summer.

Peppertree Bay is a true Beach to Bay complex that spans 16 acres with private deeded beach access, a fishing pier, 2 heated pools, 2 clubhouses, fitness center, saunas, tennis/pickleball courts, and BBQ areas.

Conveniently located near Siesta Key Village, you can easily access trolleys or frog hopper transportation, shopping, dining, and entertainment. Downtown Sarasota and the arts are just a short drive away.

Contact us today to schedule a showing and experience the luxury of beachside living on Siesta Key.

Last Agent to Sell the Property

Eliza Miller

PEPPERTREE BAY REALTY INC Brokerage Phone: 941-349-7777 License #3336382 Listed on: 01/08/2024

Co-Listed By

Cheryl Santelli

PEPPERTREE BAY REALTY INC Brokerage Phone: 941-349-7777 License #3092756

Last Buyer's Agent

Candise Miller

ERA ADVANTAGE REALTY, INC. License #3518292

ERA ADVANTAGE REALTY, INC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,263

Year Built

  • Built in 1973

Lot Details

  • 400 Feet of Ocean or Gulf Waterfront
  • West Facing Home
  • Street paved with bricks

HOA Fees

  • $1,174 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Turnkey
  • Slab Foundation
  • Membrane Roofing
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,460 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Combination Dining and Living Room
  • Sauna
  • Tile Flooring
  • Full Gulf or Ocean Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Deeded access to the beach
  • Dock made with Composite Material
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, fidelity bond, insurance, 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 Ii Subdivision
  • The community has rules related to deed restrictions
  • 6-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Fish Cleaning Station

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Card or Code Access
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,263

Year Built

Built in 1973

Lot Details

0

HOA Fees

$1,174 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 1460
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 1460
  • Directions to Property: North on Midnight Pass to East Peppertree Ln on right (2nd Peppertree entrance), first Mid-Rise on right. Park in guest parking, and go in through the under garage to elevator, to 4th floor 407
  • Status: Sold
  • Street Direction: E
  • Co List Office Mls Id: MFR281502150
  • Co List Office Phone: 941-349-7777
  • Ownership: Condominium
  • ResoBuildingAreaSource: Estimated
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 4
  • List Office Head Office Key Nume: 1046883
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 561.64
  • Unit Number YN: 0
  • Water Access YN: 1
  • Property Description: Mid Rise
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Composite,Fish Cleaning Station
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Fishing,Gulf/Ocean Front,Intracoastal Waterway,Water Access,Waterfront
  • Attribution Contact: 941-349-7777
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Elevator, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Sauna, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s), Window Treatments
  • Appliances Included: Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 6
  • Window Features: Impact Glass/Storm Windows
  • Street Number Modifier: 1200
  • ResoLivingAreaSource: Estimated
  • Living Area Meters: 135.64
  • Room Count: 6

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, In Ground
  • Exterior Features: Outdoor Grill, Tennis Court(s)
  • Roof: Membrane
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: No
  • Road Surface Type: Brick
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure
  • Water Access: Beach - Access Deeded,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Fishing Pier
  • Water Extras YN: 1
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 400
  • Additional Water Information: community is gulf front to bay front
  • Water Frontage Feet Gulf Ocean: 400

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, Pool, Tennis Courts
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Lobby Key Required, Pickleball Court(s), Pool, Sauna, Security, Tennis Court(s)
  • Association Fee: 1174
  • Association Fee Frequency: Monthly
  • Association Name: Peppertree Bay/ Will Sealey
  • Phone: 941-349-7777
  • Association: Yes
  • Security: Key Card Entry
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Building Name Number: 1200
  • Condo Fees: 0
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: propmanager@peppertreebay.com
  • Association URL: www.peppertreebay.com

Fee Information

  • Total Annual Fees: 14088.00
  • Total Monthly Fees: 1174.00
  • Monthly HOA Amount: 1174.00

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0106036024
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: 1 month minimum. 4 leases per year. NO PETS

Tax Info

  • Tax Annual Amount: 8263.06
  • Tax Book Number: 6-45
  • Tax Lot: 407

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
Jul 30, 2024
Sold by
Irvine Trevor H and Irvine Sandy
Bought by
Digregory August Anthony and Digregory Anita Felice
Seller's Agent
Eliza Miller
PEPPERTREE BAY REALTY INC
Buyer's Agent
Candise Miller
ERA ADVANTAGE REALTY, INC.
List Price
$869,000
Sold Price
$820,000
Premium/Discount to List
-$49,000
-5.64%
Views
97
Current Estimated Value
$768,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,138
Avg. Annual Appreciation
-5.89%

Purchase Details

Listed on
Oct 24, 2011
Closed on
Jun 18, 2012
Sold by
Castle Melvin N
Bought by
Mirski Dario F and Mirski Cecilia A
Seller's Agent
Cheryl Santelli
PEPPERTREE BAY REALTY INC
Buyer's Agent
Marc Rasmussen
CORCORAN DWELLINGS REALTY
List Price
$290,000
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%
Original Mortgage
$160,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 1995
Sold by
Mason William C and Mason Sara W
Bought by
Castle Sandy and Cohen Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
8.35%
Source: Public Records

Range of Values:

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Average Value
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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
Digregory August Anthony $820,000 None Listed On Document
Mirski Dario F $145,000 Attorney
Mirski Dario F $145,000 Attorney
Castle Sandy $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mirski Dario F $160,000
Previous Owner Castle Sandy $115,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2024 07/30/24 Sold $820,000 -5.6% $562 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
07/05/2024 07/05/24 For Sale $869,000 0.0% $595 / Sq Ft
06/29/2024 06/29/24 For Sale $869,000 +6.0% $595 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
06/08/2024 06/08/24 Off Market $820,000 -- --
02/29/2024 02/29/24 For Sale $869,000 +6.0% $595 / Sq Ft
01/30/2024 01/30/24 Off Market $820,000 -- --
01/08/2024 01/08/24 For Sale $869,000 +4.2% $595 / Sq Ft
04/29/2022 04/29/22 Sold $834,000 -1.8% $695 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $849,000 +192.8% $708 / Sq Ft
06/18/2012 06/18/12 Sold $290,000 0.0% $242 / Sq Ft
05/02/2012 05/02/12 Pending -- -- --
10/24/2011 10/24/11 For Sale $290,000 -- $242 / 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 $8,263 $625,000 -- $625,000
2023 $8,263 $670,300 $0 $670,300
2022 $6,455 $567,300 $0 $567,300
2021 $5,404 $408,400 $0 $408,400
2020 $5,258 $388,900 $0 $388,900
2019 $5,503 $413,500 $0 $413,500
2018 $4,150 $304,800 $0 $304,800
2017 $4,217 $304,800 $0 $304,800
2016 $4,270 $304,800 $0 $304,800
2015 $3,954 $270,600 $0 $270,600
2014 $3,987 $245,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4594618

Stellar MLS

APN: 0106-03-6024