NOT LISTED FOR SALE

Turtle Bay I 8735 Midnight Pass Rd Unit 306B Sarasota, FL 34242

Estimated Value: $650,000 - $688,000

2 Beds
2 Baths
1,357 Sq Ft
$744/mo HOA Fee

Last Sold April 12, 2024

Last sale price $735,000 $542 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $4,979/month

33 Days on Market

Highlights

  • 300 Feet of Intracoastal Waterfront
  • White Water Ocean Views
  • Access To Intracoastal Waterway
  • Phillippi Shores Elementary School Rated A
  • Assigned Boat Slip
  • Reverse Osmosis System

About This Home

As of April 2024

Enjoy your own elevated full bay views of the Intracoastal Waterway from this updated Turtle Bay condominium located on the southern end of world-famous Siesta Key. Turtle Bay is the true epitome of island living with amenities that include deeded beach access (across the street to the Gulf of Mexico), heater pool and spa, tennis courts, pickleball court, social and gathering room, outdoor grills and picnic area. Additional Intracoastal waterfront amenities include boat docks, equipped with water and electricity (available on a first-come, first-served basis) plus a separate fishing pier and a place to launch your kayak. Two additional amenities not usually found with Siesta Key condos are your own private garage and a separate laundry/storage room inside your unit.

A sampling of Sellers updates includes new hurricane resistant over-sized sliding windows on the lanai plus living room, GE kitchen appliances, new cabinets, solid surface countertops, sinks & faucets, interior doors, trim and baseboards, travertine flooring, hot water tank, reverse osmosis system, plus full-size stackable washer & dryer. Plus the newer plantation shutters allow natural light to flow through-out this unit creating a true island life style.

If you are looking for the ease of island living this just might be the perfect

Last Agent to Sell the Property

Peg Davant

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3137011 Listed on: 02/15/2024

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Co-Listed By

Kathleen Ucci

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #0646799

Last Buyer's Agent

Dion Souza

SARABAY REAL ESTATE INC License #3304623

SARABAY REAL ESTATE INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,611

Year Built

  • Built in 1980

Lot Details

  • South Facing Home

HOA Fees

  • $744 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Ground Level Parking

Home Design

  • Entry on the 3rd floor
  • Built-Up Roof
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 1,357 Sq Ft Home
  • Furnished
  • Shades
  • Shutters

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Travertine

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Fishing Pier
  • No Fixed Bridges
  • First Come-First Served Dock
  • Dock has access to water
  • Assigned Boat Slip
  • Dock made with Composite Material
  • Covered Patio or Porch
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Water Purifier
  • High Speed Internet
  • 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, pest control, private road, water
  • Lynn Schooley Association, Phone Number (941) 349-7300
  • Turtle Bay Community
  • Turtle Bay Sec 1 Subdivision
  • 6-Story Property

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets up to 35 lbs
  • 1 Pet Allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,611

Year Built

Built in 1980

Lot Details

0

HOA Fees

$744 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, Pest Control, Private Road, 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: South on Midnight Pass Rd, turn left into Turtle Bay complex at 8735. Park by the tennis courts. Building "B" is on the right side of the complex, the lobby entrance is half way down the pavered driveway towards the Intracoastal.
  • Status: Sold
  • Co List Office Mls Id: MFR281519790
  • Co List Office Phone: 941-364-4000
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 3
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: 3 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 541.64
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Composite,Dock - Slip 1st Come,Dock w/Water Supply
  • MFR_DockYN: 1
  • MFR_CommunityAssociationWaterFeatures: Bay/Harbor Front,Boat Slip,Dock,Fishing,Intracoastal Waterway,Water Access,Waterfront
  • Attribution Contact: 941-364-4000
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Travertine, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Kitchen Reverse Osmosis System, Microwave, Range, Refrigerator, Washer, Water Purifier
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Stories: 6
  • Window Features: Shades, Shutters
  • Street Number Modifier: 8735
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 126.07
  • Room Count: 6

Exterior Features

  • Direction Faces: South
  • Exterior Features: Outdoor Grill, Tennis Court(s)
  • Roof: Built-Up, Other
  • Pool Private: No
  • Water Body Name: INTRACOASTAL WATERWAY
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Screened
  • Road Surface Type: Other
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Bay/Harbor,Intracoastal Waterway
  • Water Extras: Assigned Boat Slip,Bridges - No Fixed Bridges,Fishing Pier,Sailboat Water
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 300
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0207F
  • Additional Water Information: In addition to the boat dock there is also a separate fishing pier.
  • Water Frontage Feet ICW: 300

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Ground Level

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Pool, Tennis Courts
  • Association Amenities: Cable TV, Elevator(s), Lobby Key Required, Pickleball Court(s), Pool, Spa/Hot Tub
  • Association Name: Lynn Schooley
  • Phone: 941- 349- 7300
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Building Name Number: 306B
  • Condo Fees: 2233
  • Condo Land Included YN: 0
  • Max Pet Weight: 35
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 744
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 8932.00
  • Total Monthly Fees: 744.33

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0129082019
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Rental Info

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

Tax Info

  • Tax Annual Amount: 8611
  • Tax Book Number: 1428-1965
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Intracoastal Waterway
  • Approval Process: see docs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Apr 5, 2024
Sold by
Arends Robert and Arends Andrea
Bought by
King Richard Dewey and King Jancie Rosemary
Seller's Agent
Peg Davant
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Dion Souza
SARABAY REAL ESTATE INC
List Price
$795,000
Sold Price
$735,000
Premium/Discount to List
-$60,000
-7.55%
Views
62
Current Estimated Value
$665,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$69,616
Avg. Annual Appreciation
-6.38%

Purchase Details

Listed on
Jan 8, 2019
Closed on
Mar 19, 2019
Sold by
Waldecker Gerard J and Gerard J Waldecker Living Trus
Bought by
Arends Robert and Arends Andrea
Seller's Agent
Kathleen Ucci
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Kathleen Ucci
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$600,000
Sold Price
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%
Original Mortgage
$480,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2018
Sold by
Waldecker Cerard J
Bought by
Waldecker Gerard J and Gerard J Waldecker Living Trus

Purchase Details

Closed on
Dec 2, 2011
Sold by
Baines Stephen J and Baines Tamara L
Bought by
Waldecker Gerard J and Waldecker Luanne M

Purchase Details

Closed on
Feb 7, 2011
Sold by
Lafoe Charles D and Greenwood Lafoe Shelley
Bought by
Baines Stephen J and Baines Tamara L

Purchase Details

Closed on
Jul 9, 2004
Sold by
Baylor Robert and Baylor Beth T
Bought by
Lafoe Charles D and Greenwood Lafoe Shelley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,400
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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
King Richard Dewey $735,000 None Listed On Document
Arends Robert $600,000 Attorney
Waldecker Gerard J -- Attorney
Waldecker Gerard J $385,000 Stewart Title Company
Baines Stephen J $375,000 Attorney
Lafoe Charles D $418,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arends Robert $483,300
Previous Owner Arends Robert $480,000
Previous Owner Lafoe Charles D $334,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2024 04/12/24 Sold $735,000 -1.3% $542 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
03/11/2024 03/11/24 Price Changed $745,000 -6.3% $549 / Sq Ft
02/15/2024 02/15/24 For Sale $795,000 +32.5% $586 / Sq Ft
03/20/2019 03/20/19 Sold $600,000 0.0% $442 / Sq Ft View Prior Sale
02/28/2019 02/28/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $600,000 -- $442 / 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 $8,611 $659,100 -- $659,100
2023 $8,611 $760,900 $0 $760,900
2022 $7,529 $654,900 $0 $654,900
2021 $6,419 $489,800 $0 $489,800
2020 $5,936 $441,400 $0 $441,400
2019 $5,722 $452,900 $0 $452,900
2018 $4,874 $361,100 $0 $361,100
2017 $4,868 $345,400 $0 $0
2016 $4,441 $314,000 $0 $314,000
2015 $4,491 $309,400 $0 $309,400
2014 $4,724 $295,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4599638

Stellar MLS

APN: 0129-08-2019