Turtle Bay I 8735 Midnight Pass Rd Unit 502B Sarasota, FL 34242
2
Beds
2
Baths
1,357
Sq Ft
$705/mo
HOA Fee
Highlights
- Boat Dock
- Property fronts an intracoastal waterway
- 3.53 Acre Lot
- Phillippi Shores Elementary School Rated A
- Fishing
- Engineered Wood Flooring
About This Home
As of February 2025Under contract-accepting backup offers. MASSIVE 30K PRICE REDUCTION!!! Don't miss this rare opportunity to live in the stunning Turtle Bay Condominiums with Beach Access, situated on the 5th floor overlooking Sarasota Bay. Experience breathtaking views of the intracoastal waterway, pool, and boat dock right from your living room. This 2-bedroom, 2-bathroom unit is filled with natural light, boasting updated flooring and all furniture is optional. The master bedroom offers ample space with a walk-in closet and private bathroom. Imagine dining while watching dolphins play and birds soar. This condo also provides a one-car garage and additional storage room. Turtle Bay is a welcoming community with a beautiful clubhouse that hosts a variety of activities for residents to enjoy, including tennis, pickleball, shuffleboard, happy hours, holiday functions, trivia nights, and bingo. Bring your boat and lease a private slip, take advantage of outdoor grills with a designated eating area, and fish from the pier. On-site management ensures convenience and peace of mind. Beach access is just across Midnight Pass Road through Tortuga Condominiums. Embrace the opportunity to personalize this home and create your own paradise in Turtle Bay.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,085
Year Built
- Built in 1980
Lot Details
- East Facing Home
- Garden
HOA Fees
- $705 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Ground Level Parking
- Garage Door Opener
- On-Street Parking
- Parking Garage Space
Property Views
Home Design
- Block Foundation
- Membrane Roofing
- Block Exterior
Interior Spaces
- 1,357 Sq Ft Home
- Ceiling Fan
- Window Treatments
- Living Room
- Dining Room
- Inside Utility
- Engineered Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Solid Wood Cabinet
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Washer
Outdoor Features
- Access To Intracoastal Waterway
- Access to Bay or Harbor
- First Come-First Served Dock
- Dock made with wood
- Courtyard
- Private Mailbox
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Sarasota High School
Utilities
- Central Heating and Cooling System
- Thermostat
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 0129082029
Community Details
Overview
- Association fees include cable TV, common area taxes, pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, management, pest control, private road, sewer
- Lynne Schooley Association, Phone Number (941) 735-4478
- High-Rise Condominium
- Turtle Bay Community
- Turtle Bay Sec 1 Subdivision
- On-Site Maintenance
- The community has rules related to deed restrictions
- 6-Story Property
Amenities
- Elevator
Recreation
- Community Boat Slip
- Fishing
Pet Policy
- Pets up to 30 lbs
- 1 Pet Allowed
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
10
Views
55
Current Estimated Value
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
About Turtle Bay I
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Similar Homes in Sarasota, FL
Home Values in the Area
Average Home Value in this Area
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: A4576298
APN: 0129-08-2029
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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