$650,000
SOLD FEB 3, 2025

Turtle Bay I 8735 Midnight Pass Rd Unit 502B Sarasota, FL 34242

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

Recently Sold

$479 Per Sq Ft

7% Below List Price

271 Days on Market

Highlights

  • Dock has access to electricity and water
  • Assigned Boat Slip
  • Fish Cleaning Station
  • Phillippi Shores Elementary School Rated A
  • Property fronts an intracoastal waterway
  • 3.53 Acre Lot

About This Home

As of February 2025

Motivated Sellers. Experience coastal luxury at its finest with this turn-key furnished, well maintained 2-bedroom, 2-bathroom condo in the coveted Turtle Bay community on Siesta Key. Offering coveted beach access, a community pool with serene water views, convenient boat slips alongside a charming fishing dock and private garages with storage, this residence epitomizes waterfront living at its best. Step inside to discover a spacious and luminous interior, accentuated by tasteful finishes and breathtaking views of the Intercoastal Waterway. The open layout seamlessly integrates the living, dining, and kitchen areas, fostering an inviting ambiance ideal for relaxation and entertaining alike. Retreat to the master suite, boasting a walk-in closet, dual sinks, a vanity, and a generously-sized walk-in shower. The second bedroom provides ample space for guests or family members, ensuring everyone's comfort and privacy. Outside, indulge in resort-style amenities including the waterfront pool, private beach access, and available boat slips perfect for boating enthusiasts. With Siesta Key Beach just a short stroll away, enjoy endless opportunities for swimming, sunbathing, and water sports right at your doorstep. Conveniently located near the trolley stop, exploring Siesta Key's vibrant villages and their plethora of restaurants and shops is a breeze. Whether you seek a permanent residence, a vacation getaway, or an investment opportunity, this condo in Turtle Bay promises to exceed your expectations. Don't miss out on the ultimate coastal living experience – schedule your private showing today!

Last Agent to Sell the Property

Jason Wood

CORCORAN DWELLINGS REALTY Brokerage Phone: 941-200-4663 License #3324885

CORCORAN DWELLINGS REALTY

Last Buyer's Agent

Rebecca Peterson

MICHAEL SAUNDERS & CO. - BOCA License #3544287

MICHAEL SAUNDERS & CO. - BOCA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,158

Year Built

  • Built in 1980

Lot Details

  • South Facing Home
  • Mature Landscaping
  • Level Lot
  • Street paved with bricks
  • Landscaped with Trees
  • Garden

HOA Fees

  • $744 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Ground Level Parking
  • Garage Door Opener
  • Parking Garage Space
  • Golf Cart Parking

Property Views

Home Design

  • Florida Architecture
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,357 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Sun or Florida Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Makeup or Vanity Space
  • Dual Sinks
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Outdoor Shower
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Deeded access to the beach
  • First Come-First Served Dock
  • Assigned Boat Slip
  • Dock has access to electricity and water
  • Dock made with wood
  • Courtyard
  • Enclosed patio or porch
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill
  • Private Mailbox

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, escrow reserves fund, internet, maintenance structure, ground maintenance, management, pest control, private road, sewer, trash, water
  • Lynne Schooley Association, Phone Number (941) 735-4478
  • Visit Association Website
  • High-Rise Condominium
  • Turtle Bay Community
  • Turtle Bay Sec 1 Subdivision
  • The community has rules related to allowable golf cart usage in the community
  • Community features wheelchair access
  • 6-Story Property

Amenities

  • Clubhouse
  • Community Mailbox

Recreation

  • Fish Cleaning Station

Pet Policy

  • Pets up to 30 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,158

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, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Private Road, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1357
  • Lot Size Acres: 3.53
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 1357
  • Lot Size Sq Ft: 153673
  • Directions to Property: Take Midnight pass south, Turtle bay is on the left, Park in front of the office. unit located on the South building, entrance is on the south side of building, key fob needed
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Sarasota
  • Escrow Postal Code: 34236
  • Escrow State: FL
  • Escrow Street Name: S Links
  • Escrow Street Number: 22
  • Floor Number: 5
  • List Office Head Office Key Nume: 1047758
  • Minimum Lease: 3 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 479.00
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: High Rise
  • AG Exemption YN: 0
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Slip 1st Come,Dock - Wood,Dock w/Electric,Dock w/Water Supply,Fish Cleaning Station
  • MFR_DockYN: 1
  • Attribution Contact: 941-200-4663
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 6
  • Street Number Modifier: 8735
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Florida Room
  • Living Area Meters: 126.07
  • Room Count: 7

Exterior Features

  • Direction Faces: South
  • Other Structures: Storage, Tennis Court(s)
  • Exterior Features: Courtyard, Garden, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Private Mailbox, Sidewalk, Storage, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: No
  • View: Pool, Water
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed
  • Road Surface Type: Brick
  • Disclosures: Condominium Disclosure Available
  • Water Access: Beach - Access Deeded,Intracoastal Waterway
  • Water Extras: Assigned Boat Slip,Fishing Pier
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Partial,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Additional Water Information: Boat slips are available for annual lease on a first come/first serve basis; lifts installed at owners expense. Current fee $300/yr and currently no waitlist. Contact Turtle Bay for dock info. Docks are available for fishing and Kayak/Paddleboard launch.

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Golf Cart Parking, Ground Level, Guest, Under Building

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Phone Available, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Community Mailbox, Golf Carts OK, Irrigation-Reclaimed Water, Pool, Sidewalks, Tennis Courts, Wheelchair Access
  • Association Name: Lynne Schooley
  • Phone: 941.735.4478
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: See HOA Docs
  • Association Fee Requirement: None
  • Building Name Number: B
  • Condo Fees: 2233
  • Condo Land Included YN: 0
  • Max Pet Weight: 30
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: lschooley@turtlebay.com
  • Monthly Condo Fee Amount: 744
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: https://www.turtlebayfl.com/

Fee Information

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0129082029
  • Additional Parcels: No
  • Lot Features: Level, Sidewalk, Street Brick, Private
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 14277

Green Features

  • Green Verification Count: 0

Rental Info

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

Tax Info

  • Tax Annual Amount: 7158.2
  • Tax Book Number: 1428-1965
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Bay/Harbor, Intracoastal Waterway
  • Approval Process: See HOA Docs and/or contact onsite manager for rental process.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
Feb 3, 2025
Sold by
Fayad Kamal and Mufti Arwa
Bought by
Smith Steven J and Smith Mary B
Seller's Agent
Jason Wood
CORCORAN DWELLINGS REALTY
Buyer's Agent
Rebecca Peterson
MICHAEL SAUNDERS & CO. - BOCA
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Total Days on Market
271
Views
55
Current Estimated Value
$655,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,847
Avg. Annual Appreciation
2.93%

Purchase Details

Listed on
Jul 13, 2023
Closed on
Aug 9, 2023
Sold by
Bremmer Lavern and Bremmer Linda
Bought by
Fayad Kamal and Mufti Arwa
Seller's Agent
Joey Lamielle
RE/MAX ALLIANCE GROUP
Buyer's Agent
Jason Wood
CORCORAN DWELLINGS REALTY
List Price
$760,000
Sold Price
$710,000
Premium/Discount to List
-$50,000
-6.58%
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.75%

Purchase Details

Listed on
Dec 3, 2021
Closed on
Mar 23, 2022
Sold by
Hyde Marsh Iv Burrell
Bought by
Bremmer Lavern and Bremmer Linda
Seller's Agent
Margaret Abbott
BRIGHT REALTY
Buyer's Agent
Joey Lamielle
RE/MAX ALLIANCE GROUP
List Price
$699,000
Sold Price
$640,000
Premium/Discount to List
-$59,000
-8.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$480,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2015
Sold by
Marsh Burrell H and Marsh Margaret E
Bought by
Marsh Burrell Hyde

Map

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 Type Sale Price Title Company
Warranty Deed $650,000 Msc Title
Warranty Deed $710,000 None Listed On Document
Warranty Deed $640,000 Git Florida Title Services
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $480,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2025 02/03/25 Sold $650,000 -7.0% $479 / Sq Ft
01/09/2025 01/09/25 Pending -- -- --
11/14/2024 11/14/24 For Sale $699,000 +7.5% $515 / Sq Ft
11/13/2024 11/13/24 Off Market $650,000 -- --
09/29/2024 09/29/24 For Sale $699,000 0.0% $515 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
06/26/2024 06/26/24 Price Changed $699,000 -0.1% $515 / Sq Ft
05/13/2024 05/13/24 Price Changed $699,900 -2.8% $516 / Sq Ft
04/19/2024 04/19/24 Price Changed $720,000 -2.0% $531 / Sq Ft
04/12/2024 04/12/24 For Sale $735,000 +3.5% $542 / Sq Ft
08/09/2023 08/09/23 Sold $710,000 -2.7% $523 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
07/21/2023 07/21/23 Price Changed $730,000 -3.9% $538 / Sq Ft
07/13/2023 07/13/23 For Sale $760,000 +18.8% $560 / Sq Ft
03/29/2022 03/29/22 Sold $640,000 -5.9% $472 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
01/21/2022 01/21/22 Price Changed $679,900 -2.7% $501 / Sq Ft
12/02/2021 12/02/21 For Sale $699,000 -- $515 / Sq Ft
Source: Stellar MLS

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 $7,158 $210,731 -- --
2023 $7,158 $571,500 $0 $571,500
2022 $6,085 $520,400 $0 $520,400
2021 $5,198 $389,700 $0 $389,700
2020 $5,368 $395,900 $0 $395,900
2019 $5,438 $405,400 $0 $405,400
2018 $5,050 $375,200 $0 $375,200
2017 $5,133 $375,200 $0 $375,200
2016 $4,600 $326,300 $0 $326,300
2015 $4,652 $321,500 $0 $321,500
2014 $4,896 $307,300 $0 $0
Source: Public Records

Source: Stellar MLS

MLS Number: A4606915

Stellar MLS

APN: 0129-08-2029