$525,000
PENDING

7 Sandy Cove Rd Unit 9B Sarasota, FL 34242

Estimated payment $4,850/month

Total Views 3,490
2 Beds
2 Baths
1,254 Sq Ft
$419 Price per Sq Ft

Highlights

  • 25 Feet of Lake Waterfront
  • Vaulted Ceiling
  • Mature Landscaping
  • Phillippi Shores Elementary School Rated A
  • Florida Architecture
  • Skylights

About This Home

One or more photo(s) has been virtually staged. INVESTOR SPECIAL!! Incredible opportunity to own one of the most desirable condo units in all of Sandy Cove. This 2 bedroom 2 bath first floor unit with an attached garage and its own laundry room, is a rare find. This currently empty shell is begging for someone with a vision and a keen eye for an investment opportunity. All drywall, electrical and plumbing inspections have been completed. Once remodeled, units like this have recently sold in the $900Ks and $800Ks. The lanai has been extended and offers a wonderful space to sit and enjoy your favorite beverage overlooking the fountain and the swim friendly lake. The bright, spacious open floor plan with vaulted ceilings accentuates the HUGE abundance of floor to ceiling windows , flooding the space with tons of natural light. Sandy Cove, is an exclusive old Florida-style Mid Century Modern inspired community with an exclusive private beach of pristine white quartz sand on the Gulf of Mexico, perfect for kayaking, swimming, or relaxing. Tucked away in a hidden section of Siesta Key, this highly sought after enclave was designed by the locally famous and world renowned Sarasota architect Frank Folsom Smith and is just a short stroll from Siesta Key Village’s dining, shopping, and entertainment options. Explore this hidden gem and find out why Siesta Key is celebrated for having the finest beaches in the country. Don’t miss this opportunity to live in paradise. Big dogs are welcome too!

Listing Agent

Tim Koons-McGee

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-907-9595 License #3443161 Listed on: 05/08/2025

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,597

Year Built

  • Built in 1969

Lot Details

  • 25 Feet of Lake Waterfront
  • Lake Front
  • Street terminates at a dead end
  • West Facing Home
  • Mature Landscaping
  • Garden

HOA Fees

  • $1,650 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Ground Level Parking
  • Garage Door Opener

Home Design

  • Florida Architecture
  • Bungalow
  • Fixer Upper
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Tile Roof

Interior Spaces

  • 1,254 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Shade Shutters
  • Sliding Doors
  • Living Room
  • Tile Flooring
  • Lake Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Access To Lake
  • Outdoor Storage
  • Rear Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance, management, sewer, water
  • Sandy Cove Community
  • Sandy Cove Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Pet Policy

  • Pets up to 100 lbs
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,597

Year Built

Built in 1969

Lot Details

0

HOA Fees

$1,650 per month

Parking

1

Listing Details

  • HOA Fee Includes: Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Sewer, Water
  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Condominium
  • Architectural Style: Bungalow, Florida
  • Construction Materials: Brick, Frame
  • Fireplace: No
  • Living Area: 1254
  • New Construction: No
  • Year Built: 1969
  • Building Area Total: 1374
  • Directions to Property: West off of Ocean Blvd right on Sandy Cove Rd
  • Status: Pending
  • Ownership: Condominium
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1 Month
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 418.66
  • Unit Number YN: 1
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Water Access,Waterfront
  • Attribution Contact: 941-907-9595
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Primary Bedroom Main Floor, Thermostat, Vaulted Ceiling(s)
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Skylight(s), Shutters
  • Street Number Modifier: 7
  • Living Area Meters: 116.50
  • Room Count: 6

Exterior Features

  • Direction Faces: West
  • Exterior Features: Garden, Outdoor Shower, Shade Shutter(s), Sliding Doors, Storage
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Rear Porch
  • Road Surface Type: Asphalt, Gravel
  • Water Access: Lake
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 25
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0139G
  • Water Frontage Feet Lake: 25

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Golf Carts OK
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: County Leash Laws Apply - Please see Condo Docs for any additional restrictions.
  • Building Name Number: NA
  • Condo Fees: 4950
  • Condo Land Included YN: 0
  • Max Pet Weight: 100
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 1650
  • Pet Size: Large (61-100 Lbs.)

Fee Information

  • Total Annual Fees: 19800.00
  • Total Monthly Fees: 1650.00

Schools

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

Lot Info

  • Zoning: RMF2
  • Parcel Number: 0080081035
  • Additional Parcels: No
  • Lot Features: Street Dead-End
  • Flood Zone Code: AE/VE
  • Homestead YN: 1
  • Lot Size Square Meters: 0
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Please see Condo Docs for any additional restrictions.

Tax Info

  • Tax Annual Amount: 3597
  • Tax Book Number: 3-18
  • Tax Lot: 9B

Multi Family

  • Waterfront Features: Lake Front
  • Approval Process: Please see Condo Docs for Lease Restrictions.

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 $3,456 $303,672 -- --
2023 $3,456 $294,827 $0 $0
2022 $3,360 $286,240 $0 $0
2021 $3,357 $277,903 $0 $0
2020 $3,364 $274,066 $0 $0
2019 $3,246 $267,904 $0 $0
2018 $3,168 $262,909 $0 $0
2017 $3,152 $257,501 $0 $0
2016 $3,148 $264,000 $0 $264,000
2015 $3,204 $270,600 $0 $270,600
2014 $3,191 $244,792 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2025 06/07/25 Pending -- -- --
05/08/2025 05/08/25 For Sale $525,000 -- $419 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,000 No Value Available
Source: Public Records

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Source: Stellar MLS

MLS Number: A4649873

Stellar MLS

APN: 0080-08-1035