$650,000
$100K PRICE DROP

1255 E Peppertree Dr Unit 506 Sarasota, FL 34242

Estimated payment $5,310/month

Total Views 15,441
2 Beds
2 Baths
1,462 Sq Ft
$445 Price per Sq Ft

Highlights

  • Water Views
  • Fitness Center
  • Stone Countertops
  • Phillippi Shores Elementary School Rated A
  • Clubhouse
  • Community Pool

About This Home

You have the best of both worlds with this unit, a View to the East overlooking over the Intracoastal waterway and the Private Beach to the West. As you walk into the dining/living room you will become enchanted with the mesmerizing view. Whether its a daytime view of the intracoastal boats of many sizes and shapes-yachts-sailboats, and dont forget its birds, sea faring animals; or when nighttime falls you will see the twinkle of the city lights under your watchful eye. Going Turnkey Furnished! Not much to do in this unit; impact windows on lanai, bathrooms and kitchen updated. Where else can you get a supersized utility room, parking under the building two heated pools, tennis and pickle ball courts, fishing pier, clubhouses and of course beach access. Management on site.

Listing Agent

Lisa Beach

WATERSIDE REALTY LLC Brokerage Phone: 941-346-7454 License #0550134 Listed on: 04/10/2025

Co-Listing Agent

Patti O Grady

WATERSIDE REALTY LLC Brokerage Phone: 941-346-7454 License #3127396

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,416

Year Built

  • Built in 1972

Lot Details

  • East Facing Home
  • Street paved with bricks

HOA Fees

  • $1,283 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Water
  • City

Home Design

  • Entry on the 6th floor
  • Membrane Roofing
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 1,462 Sq Ft Home
  • Window Treatments
  • Combination Dining and Living Room
  • Inside Utility
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Mailbox

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • 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, water
  • Will Sealy Association, Phone Number (941) 349-7777
  • High-Rise Condominium
  • Peppertree Bay Community
  • Peppertree Bay Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking
  • 6-Story Property

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,416

Year Built

Built in 1972

Lot Details

0

HOA Fees

$1,283 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, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Construction Materials: Block, Other, Stucco
  • Fireplace: No
  • Living Area: 1462
  • New Construction: No
  • Year Built: 1972
  • Building Area Total: 1462
  • Status: Active
  • Street Direction: E
  • Co List Office Mls Id: MFR281505037
  • Co List Office Phone: 941-346-7454
  • Ownership: Fee Simple
  • Entry Level: 6
  • Building Area Total Srch Sq M: 135.82
  • Escrow State: FL
  • Floor Number: 6
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 444.60
  • Total Acreage: Non-Applicable
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • Property Description: High Rise
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-346-7454
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Elevator, Living Room/Dining Room Combo, Split Bedroom, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 6
  • Additional Rooms: Inside Utility
  • Living Area Meters: 135.82

Exterior Features

  • Direction Faces: East
  • Exterior Features: Private Mailbox, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: No
  • View: City, Water
  • Waterfront: No
  • Road Surface Type: Brick
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, No Truck/RV/Motorcycle Parking, Pool, Tennis Court(s), Street Lights
  • Association Name: Will Sealy
  • Phone: 941-349-7777
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Condo Fees: 1283
  • Condo Land Included YN: 1
  • Association Email: propmanager@peppertreebay.com
  • Monthly Condo Fee Amount: 1283

Fee Information

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

Schools

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

Lot Info

  • Parcel Number: 0106035029
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Lease and application and fee must be submitted and approved prior to move in

Tax Info

  • Tax Annual Amount: 7416.48
  • Tax Lot: 0

Multi Family

  • Approval Process: Sale Lease and application and fee must be submitted and approved prior to move in

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $7,797 $595,700 -- $595,700
2023 $7,797 $631,300 $0 $631,300
2022 $7,147 $570,800 $0 $570,800
2021 $4,995 $411,194 $0 $0
2020 $5,015 $405,517 $0 $0
2019 $4,854 $396,400 $0 $396,400
2018 $5,086 $415,900 $0 $415,900
2017 $4,160 $300,400 $0 $300,400
2016 $4,205 $300,400 $0 $300,400
2015 $3,903 $266,800 $0 $266,800
2014 $5,207 $325,930 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2025 08/12/25 Price Changed $650,000 -13.3% $445 / Sq Ft
04/10/2025 04/10/25 For Sale $750,000 +50.3% $513 / Sq Ft
08/17/2018 08/17/18 Off Market $499,000 -- --
08/07/2017 08/07/17 Sold $499,000 -7.4% $341 / Sq Ft View Prior Sale
07/17/2017 07/17/17 Pending -- -- --
07/15/2017 07/15/17 Price Changed $539,000 +20.0% $369 / Sq Ft
04/06/2017 04/06/17 For Sale $449,000 -- $307 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $625,000 Attorney
Warranty Deed $499,000 Attorney
Interfamily Deed Transfer -- None Available
Deed $100 --
Deed $362,500 Desjarlais Title Company
Source: Public Records

Source: Stellar MLS

MLS Number: A4648109

Stellar MLS

APN: 0106-03-5029