NOT LISTED FOR SALE

Turtle Bay I 8735 Midnight Pass Rd Unit 106B Sarasota, FL 34242

Estimated Value: $675,000 - $702,000

2 Beds
2 Baths
1,425 Sq Ft
$753/mo HOA Fee

Last Sold March 30, 2020

Last sale price $540,000 $379 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,013/month

47 Days on Market

Highlights

  • 100 Feet of Waterfront
  • White Water Ocean Views
  • Private Beach
  • Phillippi Shores Elementary School Rated A
  • Water access To Gulf or Ocean
  • Dock made with wood

About This Home

As of March 2020

Imagine waking up to brilliant sunlight streaming into your master bedroom suite and seeing the stunning Siesta Key inter-coastal water way. Completely remodeled and renovated in 2016, this exquisite 2 bedroom, 2 bath condo with in unit laundry, is complete with a custom designed Poggenpohl kitchen boasting “touch” open and soft close cabinetry and rack/shelve systems, quartz countertops, lighted solid glass backsplash, touchless Grohe fixtures and Reverse Osmosis water filtration. New impact windows equipped with remote motorized UV Sun Shades and plantation shutters throughout will compliment your spectacular water views. There’s even a view from your garage! The 2nd bedroom doubles as an office with closet built-ins including spaces for television/monitor, printer and files. Your secure Turtle Bay condo offers deeded Gulf of Mexico beach access, 2 Elevators, 3 Lighted Tennis Courts, 2 Pickleball Courts, Heated Pool and Spa, Outdoor Grills, Fishing Pier, Boat Slips, Kayak Beach Launch, a Renovated Clubhouse and On-site Manager.

Last Agent to Sell the Property

Ray Rausa

MICHAEL SAUNDERS & COMPANY License #3396315 Listed on: 01/02/2020

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Christina Miller

SARASOTA BAY REAL ESTATE P.A. License #3100088

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,550

Year Built

  • Built in 1980

Lot Details

  • Private Beach
  • East Facing Home
  • Well Sprinkler System

HOA Fees

  • $753 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Circular Driveway
  • Secured Garage or Parking
  • Guest Parking
  • Open Parking
  • Reserved Parking

Property Views

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,425 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Shades
  • Shutters
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Home Security System

Kitchen

  • Convection Oven
  • Cooktop
  • Freezer
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Deeded access to the beach
  • No Fixed Bridges
  • First Come-First Served Dock
  • Dock has access to water
  • Dock made with wood
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, electricity, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, manager, pest control, pool maintenance, recreational facilities, sewer, water
  • Lynn Schooley Association, Phone Number (941) 349-7300
  • Mid-Rise Condominium
  • Turtle Bay Community
  • Turtle Bay Sec 1 Subdivision
  • Rental Restrictions

Amenities

  • Elevator

Recreation

  • Fishing

Pet Policy

  • Pets up to 35 lbs
  • 1 Pet Allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,550

Year Built

Built in 1980

Lot Details

0

HOA Fees

$753 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Electricity, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 1425
  • New Construction: No
  • Year Built: 1980
  • Directions to Property: I75 South and take Exit 205 Clark Rd. (FL-72 West) heading West. Go 13.4 miles and turn left onto Midnight Pass Rd (in Siesta Key). Follow for 2.5 miles and Turtle Bay will be on your left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4454599?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4454599?w=Customer
  • Floor Number: 1
  • Homestead Y N: Yes
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Mid Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.9482
  • Price per Sq Ft: 378.95
  • Close to Original List Price Ratio: 0.93913
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Ceiling Fans(s), High Ceiling(s), Living Room/Dining Room Combo, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Insulated Windows, Shades, Shutters
  • Street Number Modifier: 8735
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Water View: Bay/Harbor - Full, Intracoastal Waterway
  • Water Access: Bay/Harbor, Beach - Access Deeded, Beach - Private, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip 1st Come, Dock - Wood, Dock w/Electric, Dock w/Water Supply, Fishing Pier, Sailboat Water
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0207
  • Waterfront Frontage: 100
  • Water Frontage Feet I C W: 100

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener, Guest, Oversized, Reserved
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Sprinkler Well
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fishing, Pool, Tennis Courts, Water Access, Waterfront
  • Association Name: Lynn Schooley
  • Phone: 941-349-7300
  • Association: No
  • Security: Key Card Entry, Secured Garage/Parking, Security System, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 2260
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 753
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 9040
  • Total Monthly Fees: 753.33

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0129082005
  • Additional Parcels: No
  • Lot Features: Level
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 35
  • Minimum Lease: 3 Months
  • Approval Process: See Association Rules and Approval Process
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Association Rules and Restrictions.

Tax Info

  • Tax Annual Amount: 4549.69
  • Tax Book Number: 1428-1965
  • Tax Lot: 106B

Multi Family

  • Waterfront Features: Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2020
Closed on
Mar 29, 2020
Sold by
Ferdinand Douglas Alan and Ferdinand Rosemary
Bought by
Him Ernest S and Him Karen S
Seller's Agent
Ray Rausa
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Christina Miller
SARASOTA BAY REAL ESTATE P.A.
List Price
$575,000
Sold Price
$540,000
Premium/Discount to List
-$35,000
-6.09%
Current Estimated Value
$689,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,090
Avg. Annual Appreciation
4.48%
Original Mortgage
$240,000
Outstanding Balance
$213,011
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$476,079

Purchase Details

Listed on
Nov 9, 2010
Closed on
Jan 20, 2012
Sold by
Funkhouser Jonathan
Bought by
Ferdinand Douglas Alan and Ferdinand Rosemary
Seller's Agent
Kathleen Ucci
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Kathleen Ucci
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
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
Him Ernest S $540,000 Attorney
Ferdinand Douglas Alan $285,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Him Ernest S $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2020 03/30/20 Sold $540,000 -5.2% $379 / Sq Ft
02/18/2020 02/18/20 Pending -- -- --
02/04/2020 02/04/20 Price Changed $569,500 -1.0% $400 / Sq Ft
01/02/2020 01/02/20 For Sale $575,000 +101.8% $404 / Sq Ft
01/20/2012 01/20/12 Sold $285,000 0.0% $210 / Sq Ft View Prior Sale
11/14/2011 11/14/11 Pending -- -- --
11/09/2010 11/09/10 For Sale $285,000 -- $210 / 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 $7,420 $589,766 -- --
2023 $7,420 $644,900 $0 $644,900
2022 $6,846 $590,600 $0 $590,600
2021 $5,849 $443,100 $0 $443,100
2020 $4,702 $378,553 $0 $0
2019 $4,550 $370,042 $0 $0
2018 $4,451 $363,142 $0 $0
2017 $4,431 $355,673 $0 $0
2016 $3,703 $301,600 $0 $301,600
2015 $3,770 $297,200 $0 $297,200
2014 $3,755 $284,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4454599

Stellar MLS

APN: 0129-08-2005