NOT LISTED FOR SALE

Tortuga 8730 Midnight Pass Rd Unit 302A Sarasota, FL 34242

Estimated Value: $417,071 - $497,000

1 Bed
1 Bath
800 Sq Ft
$661/mo HOA Fee

Last Sold April 04, 2023

Last sale price $499,000 $624 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,557/month

25 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Dock made with wood
  • Fishing
  • Phillippi Shores Elementary School Rated A
  • Heated Indoor Pool
  • Sauna

About This Home

As of April 2023

Tortuga is a premier gulf-side residential complex offering casual sophistication and community. Create friendships, memories, and endless fun while embracing the ultimate Siesta Key lifestyle. This exceptional one-bedroom condo is on Turtle Beach, has been lovingly taken care of, and offers hurricane-impact windows. Enjoy beautiful gulf views, garage parking, and an extended floor plan ideal for additional sleeping or a work desk with a glorious gulf view. Rentals are permitted. However, the policy allows renting three times per year (one-month minimum), making this ideal for those wanting to avoid a transient atmosphere with a high rental turnover. This desirable sun-filled condo also offers secure garage parking, perfect for keeping your car safe year-round. Although the warm sunny gulf views will captivate you and make it easy to stay inside and relax, Tortuga offers a plethora of amenities, including tennis, pickleball, a sauna, an indoor/outdoor swimming pool, boat docks, a fishing pier, an active social calendar, meeting, and recreational rooms with gorgeous views, and friendly onsite management. Within direct distance, there are lovely restaurants and a full-service marina. Beautiful landscaping, lush grounds, colorful brick paver parking areas, and tropical flowers make this picturesque south Siesta community just one of the reasons this beachfront condo is coming on the market for the first time after 25 years. The new owner may install laundry facilities inside the apartment or continue using the laundry room next door to the elevator and unit. If new owner has a boat, installing a boat lift (electric and water at dock) is allowed with association approval. Current cost for boat slip is 300.00 per year. Aside from being one of the most beautiful communities in Siesta Key, this is also the best-priced condo offering gorgeous gulf views and a private beach. Put your sunscreen and flip-flops on, and let us give you a tour of this playground in paradise today!

Last Agent to Sell the Property

Dawn Bear

WILLIAM RAVEIS REAL ESTATE License #3355163 Listed on: 02/06/2023

WILLIAM RAVEIS REAL ESTATE

Last Buyer's Agent

Alex Chau

COLDWELL BANKER REALTY License #3267199

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,957

Year Built

  • Built in 1980

Lot Details

  • East Facing Home
  • Street paved with bricks
  • Garden

HOA Fees

  • $661 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Entry on the 3rd floor
  • Tile Roof
  • Concrete Roof
  • Concrete Siding
  • Pile Dwellings

Interior Spaces

  • 800 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Sauna

Kitchen

  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Parquet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Heated Indoor Pool
  • Heated In Ground Pool
  • Gunite Pool
  • Pool Deck
  • Outdoor Shower
  • Outside Bathroom Access
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Fishing Pier
  • No Fixed Bridges
  • First Come-First Served Dock
  • Dock has access to water
  • Minimum Wake Zone
  • Dock made with wood
  • Open Dock
  • Courtyard
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill
  • Private Mailbox

Schools

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

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance, management, private road, recreational facilities, security
  • Casey Management Association, Phone Number (941) 922-3391
  • Visit Association Website
  • Tortuga Community
  • Tortuga Subdivision
  • The community has rules related to deed restrictions
  • 5-Story Property

Amenities

  • Clubhouse
  • Community Mailbox

Recreation

  • Community Pool
  • Fishing

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,957

Year Built

Built in 1980

Lot Details

0

HOA Fees

$661 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pool, Private Road, Recreational Facilities, Security
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 800
  • Lot Size Acres: 3.31
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 900
  • Lot Size Sq Ft: 144081
  • Directions to Property: Midnight Pass to south end of Siesta Key. Tortuga is on the right hand side of road Building A
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 3
  • List Office Head Office Key Nume: 210470960
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 623.75
  • Unit Number YN: 0
  • Water Access YN: 1
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Parquet, Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Gas Water Heater, Ice Maker, Microwave, Range, Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 5
  • Street Number Modifier: 8730
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 74.32
  • Room Count: 3

Exterior Features

  • Direction Faces: East
  • Pool Features: Deck, Gunite, Heated, In Ground, Indoor, Lighting, Outside Bath Access
  • Exterior Features: Courtyard, Garden, Lighting, Outdoor Grill, Outdoor Shower, Private Mailbox, Sauna, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Concrete, Tile
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO,
  • Waterfront: Yes
  • Road Surface Type: Brick, Paved
  • Water Access: Gulf/Ocean,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Dock - Open,Dock - Slip 1st Come,Dock - Wood,Dock w/Electric,Dock w/Water Supply,Fishing Pier,Minimum Wake Zone,Sailboat Water
  • Water Extras YN: 1
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0207F
  • Additional Water Information: Located gulf side, also has access to the bay side, Sarasota Intercoastal as well. Private beach, boat docks, fishing pier

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fishing, Irrigation-Reclaimed Water, Pool, Sidewalks, Tennis Courts, Water Access, Waterfront
  • Association Fee: 661.3
  • Association Fee Frequency: Monthly
  • Association Name: Casey Management
  • Phone: 941-922-3391
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Building Name Number: A
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: Bridget Spence
  • Association URL: www.tortugabeach.org/ www.caseymanagement.com

Fee Information

  • Total Annual Fees: 7935.60
  • Total Monthly Fees: 661.30
  • Monthly HOA Amount: 661.30

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0129072010
  • Additional Parcels: No
  • Flood Zone Code: VE
  • Homestead YN: 0
  • Lot Size Square Meters: 13386

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Unit may be rented for a minimum of 1 month 3 times per year
  • Month To Month Or Weekly YN: 0

Tax Info

  • Tax Annual Amount: 3957
  • Tax Block: A
  • Tax Book Number: 7-41
  • Tax Lot: 302

Multi Family

  • Waterfront Features: Gulf/Ocean
  • Approval Process: Application attached. Requires application one week prior to check in and an application fee of 100.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
Apr 4, 2023
Sold by
Karam Sara
Bought by
Santana Jose R
Seller's Agent
Dawn Bear
WILLIAM RAVEIS REAL ESTATE
Buyer's Agent
Alex Chau
COLDWELL BANKER REALTY
List Price
$529,000
Sold Price
$499,000
Premium/Discount to List
-$30,000
-5.67%
Views
111
Current Estimated Value
$462,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,482
Avg. Annual Appreciation
-2.94%
Original Mortgage
$349,300
Outstanding Balance
$339,413
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$123,105

Purchase Details

Closed on
Aug 5, 2021
Sold by
Bauer Amy
Bought by
Karam Sara

Purchase Details

Closed on
Jul 28, 2021
Sold by
Karam Sara and Estate Of Janet I Karam
Bought by
Karam Sara

Purchase Details

Closed on
Jul 23, 2021
Sold by
Karam Brian
Bought by
Karam Sara

Purchase Details

Closed on
May 1, 1995
Sold by
Ivens Edgar
Bought by
Karam Janet I
Source: Public Records

Range of Values:

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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
Santana Jose R $499,000 Bryant Title
Karam Sara $81,300 Attorney
Karam Sara $81,300 Attorney
Karam Sara $81,300 Attorney
Karam Janet I $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santana Jose R $349,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2023 04/04/23 Sold $499,000 -2.0% $624 / Sq Ft
03/04/2023 03/04/23 Pending -- -- --
02/24/2023 02/24/23 Price Changed $509,000 -3.8% $636 / Sq Ft
02/06/2023 02/06/23 For Sale $529,000 -- $661 / 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 $5,410 $394,500 -- $394,500
2023 $5,410 $383,400 $0 $383,400
2022 $4,946 $330,100 $0 $330,100
2021 $3,957 $239,000 $0 $239,000
2020 $2,821 $180,579 $0 $0
2019 $2,734 $176,519 $0 $0
2018 $2,675 $173,228 $0 $0
2017 $2,001 $169,665 $0 $0
2016 $1,986 $241,600 $0 $241,600
2015 $2,001 $238,100 $0 $238,100
2014 $2,376 $159,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4559845

Stellar MLS

APN: 0129-07-2010