NOT LISTED FOR SALE

Turtle Bay I 8735 Midnight Pass Rd Unit 501B Sarasota, FL 34242

Estimated Value: $966,509 - $1,248,000

3 Beds
3 Baths
1,972 Sq Ft
$625/mo HOA Fee

Last Sold March 01, 2018

Last sale price $862,500 $437 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $7,036/month

188 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Water access To Gulf or Ocean To Bay
  • Boat Slip Deeded
  • Phillippi Shores Elementary School Rated A
  • Private Beach
  • Intracoastal View

About This Home

As of March 2018

Rarely available 3BR unit with almost 2,000 sq. ft. in desirable Turtle Bay. Bay views from most rooms and partial Gulf of Mexico views. Fabulous end unit with open floor plan that lives like a home. Lushly landscaped bay front complex featuring wonderful amenities including deeded beach access, three lighted tennis courts, shuffleboard, boat slips ($60/year) with lifts allowed, heated pool and spa, grilling patio, clubhouse, and management onsite. Perfect water for boating and kayaking. Private garage with storage space just steps from the front door and building lobby with elevator. Turtle Bay is Pet friendly.

Last Agent to Sell the Property

Kim Ogilvie

MICHAEL SAUNDERS & COMPANY License #0412475 Listed on: 06/16/2017

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Carolyn Francis

EXP REALTY LLC License #3079410

EXP REALTY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,164

Year Built

  • Built in 1980

Lot Details

  • Private Beach
  • Mature Landscaping
  • Irrigation

HOA Fees

  • $625 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • Open Parking

Property Views

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,972 Sq Ft Home
  • Crown Molding
  • Blinds
  • Sliding Doors
  • Inside Utility

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Deeded access to the beach
  • Seawall
  • Boat Slip Deeded
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Tax Lot 501B
  • Assessor Parcel Number 0129082028

Community Details

Overview

  • Association fees include cable TV, community pool, insurance, maintenance structure, ground maintenance, manager, pest control, recreational facilities, sewer, trash, water
  • High-Rise Condominium
  • Turtle Bay Community
  • Turtle Bay Sec 1 Subdivision
  • The community has rules related to deed restrictions
  • 6-Story Property

Amenities

  • Elevator

Recreation

  • Recreation Facilities
  • Community Spa
  • Fishing

Pet Policy

  • Pets up to 30 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,164

Year Built

Built in 1980

Lot Details

0

HOA Fees

$625 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1972
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 2316
  • Directions to Property: From US 41, turn west onto Stickney Point Rd, turn left onto Midnight Pass Rd, Turtle Bay is on the left.
  • Status: Sold
  • Floor Number: 5
  • Homestead Y N: Yes
  • Number Of Pets: 1
  • Home Warranty Y N: No
  • Property Description: High Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.96369
  • Price per Sq Ft: 437.37
  • Close to Original List Price Ratio: 0.93243
  • Ratio: Current Price\Building Area Total: 372.41
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Crown Molding, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 6
  • Window Features: Blinds
  • Street Number Modifier: 8735
  • Room Count: 8
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Tennis Court(s)
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Sliding Doors, Tennis Court(s)
  • Roof: Built-Up
  • Pool Private: No
  • View: Water
  • Water Body Name: Little Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Water View: Bay/Harbor - Partial, Gulf/Ocean - Partial, Intracoastal Waterway
  • Water Access: Bay/Harbor, Beach - Access Deeded, Beach - Private, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Dock - Slip Deeded On-Site, Fishing Pier, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0207F
  • Waterfront Frontage: 300
  • Water Frontage Feet Bay Harbor: 300
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Guest
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Pool, Tennis Courts, Water Access, Waterfront Complex
  • Association Amenities: Elevator(s), Recreation Facilities, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 1875
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 625
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 7500
  • Total Monthly Fees: 625

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0129082028
  • Additional Parcels: No
  • Lot Features: In County
  • 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: 30
  • Minimum Lease: 3 Months
  • Num Timesper Year: 4
  • Pet Restrictions: 1 pet max 30lbs
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 4164
  • Tax Book Number: 1428-1965
  • Tax Lot: 501B

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2017
Closed on
Mar 1, 2018
Sold by
Ackerman Earlene M
Bought by
Borgen Lori Jean
Seller's Agent
Kim Ogilvie
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Carolyn Francis
EXP REALTY LLC
List Price
$925,000
Sold Price
$862,500
Premium/Discount to List
-$62,500
-6.76%
Current Estimated Value
$1,055,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,877
Avg. Annual Appreciation
2.68%
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
Borgen Lori Jean $862,500 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2018 03/01/18 Sold $862,500 -3.6% $437 / Sq Ft
12/22/2017 12/22/17 Pending -- -- --
08/31/2017 08/31/17 Price Changed $895,000 -3.2% $454 / Sq Ft
06/16/2017 06/16/17 For Sale $925,000 -- $469 / 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 $9,994 $781,164 -- --
2023 $9,994 $886,400 $0 $886,400
2022 $9,171 $805,800 $0 $805,800
2021 $7,713 $586,900 $0 $586,900
2020 $7,627 $568,400 $0 $568,400
2019 $7,855 $591,400 $0 $591,400
2018 $8,654 $656,000 $0 $656,000
2017 $4,154 $326,205 $0 $0
2016 $4,164 $512,000 $0 $512,000
2015 $4,238 $504,500 $0 $504,500
2014 $4,222 $310,105 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Ogilvie

    Seller's Agent in 2018

    Kim Ogilvie

    Michael Saunders

    (941) 376-1717

    17 in this area

    113 Total Sales

    Kim Ogilvie
    Section Image
  • Carolyn Francis

    Buyer's Agent in 2018

    Carolyn Francis

    EXP REALTY LLC

    (941) 400-0083

    6 in this area

    34 Total Sales

    Carolyn Francis
    Section Image
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About Turtle Bay I

Map

Source: Stellar MLS

MLS Number: A4189363

Stellar MLS

APN: 0129-08-2028

Florida Sarasota County Sarasota 34242

8735 Midnight Pass Rd Unit 501B, Sarasota, FL

This home is located at 8735 Midnight Pass Rd Unit 501B, Sarasota, FL 34242 since 16 June 2017 and is currently estimated at $1,055,377, approximately $535 per square foot. This property was built in 1980. 8735 Midnight Pass Rd Unit 501B is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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