NOT LISTED FOR SALE

8701 Midnight Pass Rd Unit 601A Sarasota, FL 34242

Estimated Value: $866,000 - $1,738,000

2 Beds
3 Baths
1,769 Sq Ft
0.25 Acres

Last Sold March 08, 2013

Last sale price $700,000 $396 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $7,027/month

25 Days on Market

Highlights

  • White Water Ocean Views
  • Fishing Pier
  • Oak Trees
  • Phillippi Shores Elementary School Rated A
  • Property Fronts a Bay or Harbor
  • Heated Indoor Pool

About This Home

As of March 2013

Rarely available large end unit with sweeping views of the bay. Gulf views from the lanai One of the most popular complexes to live on Siesta Key. Beach access directly across the road. Boat docks, pool and tennis available. Unit has been very well maintained with lots of options and plenty of room to roam, easy to see. Boat slip available (approximately 24' boat). Must install boat lift - cost of $7,000 to $8,000. to install and must maintain. $60 a year for slip rental. Garage #15 in building round floor.

Last Agent to Sell the Property

Tom Ward

WATERSIDE REALTY LLC Brokerage Phone: 941-346-7454 License #0644199 Listed on: 12/19/2012

Last Buyer's Agent

Marlene Marshall

MICHAEL SAUNDERS & COMPANY License #3113521

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,296

Year Built

  • Built in 1980

Lot Details

  • Property Fronts a Bay or Harbor
  • Mature Landscaping
  • Irrigation
  • Oak Trees
  • Zero Lot Line

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Property Views

  • White Water Ocean
  • Partial Bay or Harbor

Home Design

  • Entry on the 6th floor
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 1,769 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Carpet

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated Indoor Pool
  • Fishing Pier
  • Deeded access to the beach
  • Access to Bay or Harbor
  • First Come-First Served Dock
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • 3-Month Minimum Lease Term
  • Tax Lot 601-A
  • Assessor Parcel Number 0129083036

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include cable TV, electricity, escrow reserves fund, insurance, internet, ground maintenance, management, pest control, recreational facilities, security, sewer, trash, water
  • Turtle Bay Community
  • Turtle Bay Sec 2 Subdivision
  • The community has rules related to deed restrictions
  • 7-Story Property

Amenities

  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pets up to 30 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,296

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Electricity, Escrow Reserves Fund, Insurance, Internet, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1769
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 1971
  • Directions to Property: From Stickney Point Bridge South on Midnight Pass Rd. to Turtle Bay, near Turtle Beach.
  • Status: Sold
  • Ownership: Condominium,Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 6
  • List Office Head Office Key Nume: 1046883
  • Minimum Lease: 3 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 395.70
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • MFR_DockDescription: Dock - Slip 1st Come
  • MFR_CommunityAssociationWaterFeatures: Boat Slip,Dock,Fishing
  • Attribution Contact: 941-346-7454
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 7
  • Street Number Modifier: 8701
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 164.35
  • Room Count: 6

Exterior Features

  • Other Structures: Storage
  • Pool Features: Heated, Indoor
  • Exterior Features: Irrigation System, Lighting, Other, Outdoor Grill, Sliding Doors, Storage
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Water Access: Bay/Harbor,Beach - Access Deeded
  • Water Extras: Fishing Pier
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full,Gulf/Ocean - Partial
  • Water View YN: 1

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Guest

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Amenities: Elevator(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Association Fee Requirement: Required
  • Building Name Number: TURTLE BAY
  • Max Pet Weight: 30

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0129083036
  • Additional Parcels: No
  • Lot Features: Paved, Zero Lot Line
  • Homestead YN: 0
  • Future Land Use: 0405

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2013-03-08T00:00:00.000

Tax Info

  • Tax Annual Amount: 7296
  • Tax Book Number: 0017/0030
  • Tax Lot: 601-A

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2012
Closed on
Mar 6, 2013
Sold by
The National Bank Of Indianapolis
Bought by
Readler Robert and Robert R Readler Revocable Living Trust
Seller's Agent
Tom Ward
WATERSIDE REALTY LLC
Buyer's Agent
Marlene Marshall
MICHAEL SAUNDERS & COMPANY
List Price
$739,000
Sold Price
$700,000
Premium/Discount to List
-$39,000
-5.28%
Current Estimated Value
$1,167,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$467,167
Avg. Annual Appreciation
4.14%

Purchase Details

Closed on
Oct 8, 2001
Sold by
Wilcox Howard S
Bought by
Lowe J Randolph and Wilcox Howard S

Purchase Details

Closed on
Sep 26, 2001
Sold by
Wilcox Joyce D
Bought by
Wilcox Howard S
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 Buyer Sale Price Title Company
Readler Robert $700,000 None Available
Lowe J Randolph -- --
Wilcox Howard S -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2013 03/08/13 Sold $700,000 -5.3% $396 / Sq Ft
01/14/2013 01/14/13 Pending -- -- --
12/20/2012 12/20/12 For Sale $739,000 +5.6% $418 / Sq Ft
12/20/2012 12/20/12 Off Market $700,000 -- --
12/19/2012 12/19/12 For Sale $739,000 -- $418 / 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 $10,056 $819,497 -- --
2023 $10,056 $878,400 $0 $878,400
2022 $9,503 $842,000 $0 $842,000
2021 $8,032 $615,700 $0 $615,700
2020 $8,452 $637,000 $0 $637,000
2019 $8,721 $663,500 $0 $663,500
2018 $9,149 $704,700 $0 $704,700
2017 $8,961 $627,000 $0 $0
2016 $7,833 $570,000 $0 $570,000
2015 $7,922 $561,600 $0 $561,600
2014 $8,352 $537,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3970433

Stellar MLS

APN: 0129-08-3036