Seller's Agent in 2025
Tim Koons-McGee
Michael Saunders
(941) 320-7073
2 in this area
57 Total Sales
7 Sandy Cove Rd Unit 9B Sarasota, FL 34242
2
Beds
2
Baths
1,254
Sq Ft
$1,650/mo
HOA Fee
Highlights
- 25 Feet of Lake Waterfront
- Vaulted Ceiling
- Mature Landscaping
- Phillippi Shores Elementary School Rated A
- Florida Architecture
- Skylights
About This Home
As of August 2025One 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!
Last Agent to Sell the Property
MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-907-9595 License #3443161 Listed on: 05/08/2025
Last Buyer's Agent
MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-907-9595 License #3443161 Listed on: 05/08/2025
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
- Guest Parking
Home Design
- Florida Architecture
- Bungalow
- Entry on the 1st floor
- 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
- Visit Down Payment Resource Website
- Tax Lot 9B
- Assessor Parcel Number 0080081035
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 27, 2006
Sold by
Vince Peter M and Magnes Marilyn E
Bought by
Vince Peter M and Magnes Marilyn E
Purchase Details
Closed on
Jul 31, 1996
Sold by
Coltman Philip R and Coltman Pauline
Bought by
Vince Peter M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$10,359
Interest Rate
8.26%
Estimated Equity
$465,612
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | Sold | $400,000 | -23.8% | $319 / Sq Ft |
| 06/07/2025 06/07/25 | Pending | -- | -- | -- |
| 05/08/2025 05/08/25 | For Sale | $525,000 | -- | $419 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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
Agents Affiliated with this Home
-
Tim Koons-McGee
Map
Source: Stellar MLS
MLS Number: A4649873
APN: 0080-08-1035
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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