NOT LISTED FOR SALE

8701 Midnight Pass Rd Unit 505A Sarasota, FL 34242

Estimated Value: $640,692 - $685,000

2 Beds
2 Baths
1,357 Sq Ft
$705/mo HOA Fee

Last Sold October 25, 2023

Last sale price $684,000 $504 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,545/month

49 Days on Market

Highlights

  • 300 Feet of Bay Harbor Waterfront
  • White Water Ocean Views
  • Beach Access
  • Phillippi Shores Elementary School Rated A
  • Community Boat Slip
  • Heated In Ground Pool

About This Home

As of October 2023

PRICE IMPROVEMENT! Bay and gulf views, boat docks and beach access! Who could ask for more? Welcome to this rare opportunity on the southern end of Siesta Key: Turtle Bay. Enjoy beautiful views of Sarasota Bay sunrise in the morning. Deeded beach access makes it easy to watch the sunset at the end of the day! This spacious 2 bedroom, 2 bath condominium offers an updated kitchen with granite counters, tile backsplash, stainless steel appliances and large tile flooring on the diagonal. No carpet! The owner's suite is spacious with a private bath, walk-in closet and access to the enclosed terrace. The second bedroom is serene and private with plenty of storage! Laundry in residence with full size washer/dryer. Enclosed lanai to enjoy year-round. Unique feature: private garage and storage under the building. This is a pet friendly condo! Turtle Bay amenities include a heated pool and spa, lighted tennis courts, pickleball courts, a grilling and picnic area, shuffleboard and a variety of activities for residents to enjoy. On site management, secure entry and two elevators. Boat slips are available to all owners on a first come first serve basis. Explore Siesta Key and enjoy the many restaurants, shopping and island lifestyle. Memories are made here!

Last Agent to Sell the Property

Tracy Seider

RE/MAX ALLIANCE GROUP Brokerage Phone: 941-954-5454 License #0403693 Listed on: 08/08/2023

RE/MAX ALLIANCE GROUP

Co-Listed By

Matt Seider

ALLIANCE GROUP LIMITED Brokerage Phone: 941-954-5454 License #3327380

Last Buyer's Agent

Nora Johnson

MICHAEL SAUNDERS & COMPANY License #0683885

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,238

Year Built

  • Built in 1980

Lot Details

  • 300 Feet of Bay Harbor Waterfront
  • Property fronts an intracoastal waterway
  • West Facing Home

HOA Fees

  • $705 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Entry on the 5th floor
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,357 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Window Treatments
  • Inside Utility
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outside Bathroom Access
  • Pool Lighting

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • Deeded access to the beach
  • No Fixed Bridges
  • First Come-First Served Dock
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, maintenance structure, ground maintenance, management, recreational facilities, sewer, trash, water
  • Lynne Schooley Association, Phone Number (941) 349-7300
  • Visit Association Website
  • Turtle Bay Community
  • Turtle Bay Sec 2 Subdivision
  • The community has rules related to deed restrictions
  • 6-Story Property

Amenities

  • Clubhouse

Recreation

  • Community Boat Slip
  • Tennis Courts
  • Shuffleboard Court
  • Community Pool
  • Community Spa
  • Fishing

Pet Policy

  • Pets up to 30 lbs
  • 1 Pet Allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,238

Year Built

Built in 1980

Lot Details

0

HOA Fees

$705 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Management, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1357
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 1472
  • Directions to Property: Stickney Point Rosd to south on Midnight Pass Rd. for approximately 2 miles. Turtle Bay is on the left, bayside of the Key. Turn left into Turtle Bay. It is the North building. Please park in guest parking by the tennis courts.
  • Status: Sold
  • Co List Office Mls Id: MFR281518938
  • Co List Office Phone: 941-954-5454
  • Ownership: Condominium
  • ResoBuildingAreaSource: Estimated
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 5
  • List Office Head Office Key Nume: 1047486
  • Minimum Lease: 3 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 504.05
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 6
  • Window Features: Window Treatments
  • Street Number Modifier: 8701
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 126.07
  • Room Count: 6

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, In Ground, Lighting, Outside Bath Access
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Tennis Court(s)
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water Access: Bay/Harbor,Beach,Beach - Access Deeded,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Dock - Slip 1st Come
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 300
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0207F
  • Water Frontage Feet Bay Harbor: 300

Garage/Parking

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

Utilities

  • Utilities: Public
  • 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, Fishing, Irrigation-Reclaimed Water, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Boat Slip, Cable TV, Clubhouse, Pool, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s)
  • Association Name: Lynne Schooley
  • Phone: 941-349-7300
  • Association: No
  • Security: Key Card Entry, Secured Garage / Parking, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: verify with HOA
  • Association Fee Requirement: None
  • Building Name Number: TURTLE BAY
  • Condo Fees: 2115
  • Condo Land Included YN: 1
  • Max Pet Weight: 30
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: lschooley@turtlebay.com
  • Monthly Condo Fee Amount: 705
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: https://www.turtlebayfl.com

Fee Information

  • Total Annual Fees: 8460.00
  • Total Monthly Fees: 705.00

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0129083033
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Condo docs

Tax Info

  • Tax Annual Amount: 4238
  • Tax Book Number: 1457-1810
  • Tax Lot: 505A

Multi Family

  • Waterfront Features: Bay/Harbor, Intracoastal Waterway
  • Approval Process: Verify with HOA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2021
Sold by
Didovic John and Zolmierski Melissa Dawn
Bought by
Tibbetts R Scott R and Tibbetts Patricia Q
Current Estimated Value
$656,423

Purchase Details

Closed on
Mar 31, 2006
Sold by
Truscott Mildred J
Bought by
Truscott Mildred J

Purchase Details

Closed on
Oct 15, 1996
Sold by
Lohr William J
Bought by
Lohr Jeanne P
Source: Public Records

Range of Values:

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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
Tibbetts R Scott R $1,320,000 Attorney
Truscott Mildred J -- Attorney
Lohr Jeanne P -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2023 10/25/23 Sold $684,000 -3.7% $504 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/06/2023 09/06/23 Price Changed $710,000 -3.4% $523 / Sq Ft
08/08/2023 08/08/23 For Sale $735,000 -- $542 / 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 $4,314 $618,300 -- $618,300
2023 $4,314 $369,866 $0 $0
2022 $4,238 $359,093 $0 $0
2021 $4,261 $348,634 $0 $0
2020 $4,274 $343,821 $0 $0
2019 $4,134 $336,091 $0 $0
2018 $3,796 $310,091 $0 $0
2017 $3,777 $303,713 $0 $0
2016 $3,772 $326,300 $0 $326,300
2015 $3,840 $321,500 $0 $321,500
2014 $3,825 $288,723 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4577238

Stellar MLS

APN: 0129-08-3033