$425,000
SOLD MAY 30, 2025

1255 E Peppertree Dr Unit 402 Sarasota, FL 34242

2 Beds
2 Baths
1,163 Sq Ft
$1,283/mo HOA Fee

Recently Sold

$365 Per Sq Ft

29% Below List Price

88 Days on Market

Highlights

  • Beach Access
  • Fitness Center
  • Partial Gulf or Ocean Views
  • Phillippi Shores Elementary School Rated A
  • Heated In Ground Pool
  • 2.23 Acre Lot

About This Home

As of May 2025

Your Slice of Paradise Awaits at Siesta Key!Live the dream on the #1 beach in the USA with this adorable 4th-floor condo. This 2-bedroom, 2-bath gem offers a serene pool view and direct beach access, making it the perfect place to unwind. Move right in – it’s fully furnished and features luxurious vinyl flooring, new carpet, and fresh paint throughout.Relax on your enclosed lanai, where you can enjoy gorgeous views of the pool and breathtaking Gulf sunsets, ideal for morning coffee or an evening glass of wine. The condo also includes a full-size washer and dryer in a spacious utility room, plus a designated parking spot in the under-building garage.Located in the sought-after Peppertree community, a Beach-to-Bay complex nestled on 16 acres, you'll have access to the beach, fishing pier, two heated pools, two clubhouses, a fitness center, saunas, tennis and pickleball courts, BBQ areas, and more. On-site management and a rental desk make it easy to maintain and enjoy.Live steps away from Siesta Key’s pristine beach, vibrant shops and dining at Siesta Key Village, and the rich culture of Sarasota. Whether you're seeking a full-time home or a vacation retreat, this condo has everything you need to start living the island life. Plus, it’s currently rented through May 4th, offering potential rental income if desired. Peppertree's main office, gulf side club house and fitness center currently under renovation.

Last Agent to Sell the Property

Cheryl Santelli

PEPPERTREE BAY REALTY INC Brokerage Phone: 941-349-7777 License #3092756 Listed on: 01/24/2025

Co-Listed By

Eliza Miller

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

Last Buyer's Agent

Keith Redding

WILLIAM RAVEIS REAL ESTATE License #3265817

WILLIAM RAVEIS REAL ESTATE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,006

Year Built

  • Built in 1972

Lot Details

  • West Facing Home
  • Street paved with bricks

HOA Fees

  • $1,283 Monthly HOA Fees

Parking

  • 1 Parking Garage Space
  • Ground Level Parking
  • Reserved Parking

Home Design

  • Entry on the 4th floor
  • Slab Foundation
  • Membrane Roofing
  • Concrete Siding

Interior Spaces

  • 1,163 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Partial Bay or Harbor Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Beach Access
  • Water access To Gulf or Ocean
  • Property fronts gulf or ocean with access to the bay
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Deeded access to the beach
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, pool, escrow reserves fund, fidelity bond, internet, maintenance structure, ground maintenance, management, pest control, private road, recreational facilities, sewer, trash, water
  • Will Sealey Association
  • Visit Association Website
  • Mid-Rise Condominium
  • Peppertree Bay Community
  • Peppertree Bay I Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,006

Year Built

Built in 1972

Lot Details

0

HOA Fees

$1,283 per month

Parking

1

Listing Details

  • HOA Fee Includes: Common Area Taxes, 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 Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1163
  • Lot Size Acres: 2.23
  • New Construction: No
  • Year Built: 1972
  • Building Area Total: 1462
  • Lot Size Sq Ft: 96953
  • Directions to Property: Stickney Point to Midnight pass. N on Midnight Pass to Peppertree Dr. R on Peppertree Dr and 1255 is towards the intracoastal on the left.
  • Status: Sold
  • Street Direction: E
  • Co List Office Mls Id: MFR281502150
  • Co List Office Phone: 941-914-3380
  • Ownership: Condominium
  • 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: 365.43
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Property Description: Mid Rise
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Dock,Fishing,Gulf/Ocean Front,Intracoastal Waterway,Water Access,Waterfront
  • Attribution Contact: 941-349-7777
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Luxury Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Split Bedroom
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Street Number Modifier: 1255
  • Living Area Meters: 108.05
  • Room Count: 5

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
  • Waterfront: Yes
  • Road Surface Type: Brick
  • Water Access: Beach,Beach - Access Deeded,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Fishing Pier
  • Water Extras YN: 1
  • Water View: Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0143G

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Ground Level, Reserved

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, Pool, Tennis Court(s), Street Lights
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Pickleball Court(s), Pool, Sauna, Tennis Court(s)
  • Association Name: Will Sealey
  • Association: No
  • Security: Fire Alarm, Fire Sprinkler System
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: None
  • Building Name Number: 1255
  • Condo Fees: 1283
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: propmanager@peppertreebay.com
  • Monthly Condo Fee Amount: 1283
  • Association URL: www.peppertreebay.com
  • Management: On Site Property Manager

Fee Information

  • Total Annual Fees: 15396.00
  • Total Monthly Fees: 1283.00

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0106035020
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 9007

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Leasing is 1 mo min, 4 leases per year. Leasing manager on site, but not required to use them.
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 6006
  • Tax Book Number: 5-39
  • Tax Lot: 1255

Multi Family

  • Waterfront Features: Gulf/Ocean to Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2025
Closed on
May 30, 2025
Sold by
Snyder Revocable Inter Vivos Trust and Chabot Debora Sue
Bought by
Sanderling Group Llc
Seller's Agent
Cheryl Santelli
PEPPERTREE BAY REALTY INC
Buyer's Agent
Keith Redding
WILLIAM RAVEIS REAL ESTATE
List Price
$599,000
Sold Price
$425,000
Premium/Discount to List
-$174,000
-29.05%
Views
34
Current Estimated Value
$457,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,539
Avg. Annual Appreciation
28.97%

Purchase Details

Closed on
Sep 15, 2010
Sold by
Snyder Edwin W and Snyder Betty J
Bought by
Chabot Debora Sue
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 Type Sale Price Title Company
Warranty Deed $425,000 None Listed On Document
Warranty Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $70,100 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $425,000 -21.2% $365 / Sq Ft
04/22/2025 04/22/25 Pending -- -- --
04/14/2025 04/14/25 Price Changed $539,000 -6.9% $463 / Sq Ft
02/22/2025 02/22/25 Price Changed $579,000 -3.3% $498 / Sq Ft
01/24/2025 01/24/25 For Sale $599,000 -- $515 / 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 $5,975 $441,093 -- --
2023 $5,975 $535,500 $0 $535,500
2022 $5,307 $456,700 $0 $456,700
2021 $4,464 $331,400 $0 $331,400
2020 $4,321 $313,900 $0 $313,900
2019 $4,424 $325,800 $0 $325,800
2018 $4,039 $296,000 $0 $296,000
2017 $4,105 $296,000 $0 $296,000
2016 $4,149 $296,000 $0 $296,000
2015 $3,851 $262,900 $0 $262,900
2014 $4,394 $271,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4637253

Stellar MLS

APN: 0106-03-5020