$699,000
$36K PRICE DROP

Turtle Bay I 8735 Midnight Pass Rd Unit 602B Sarasota, FL 34242

Estimated payment $4,988/month

Total Views 2,807
2 Beds
2 Baths
1,357 Sq Ft
$515 Price per Sq Ft

Highlights

  • 150 Feet of Intracoastal Waterfront
  • White Water Ocean Views
  • Assigned Boat Slip
  • Phillippi Shores Elementary School Rated A
  • Beach Access
  • 3.53 Acre Lot

About This Home

Penthouse Opportunity in Turtle Bay - Siesta Key. Building B has a new roof and has passed both its Milestone & SIRS Inspections, and all special assessments have been paid by Seller. Welcome to Turtle Bay, one of Siesta Key’s most beloved bayside communities where sugar-soft Gulf beaches meet the serene beauty of Little Sarasota Bay. Perched on the top floor, this rarely available penthouse residence offers a unique opportunity to add value and design your dream coastal escape. Unit 602B features a 2bed 2 bath split layout floorplan and an in-unit stackable washer and dryer; a rare convenience on the Key. These penthouse bones are strong, pride of ownership is abundant, and you can feel the energy of love inside, making this opportunity ideal for those seeking a personalized second home or hybrid investment. Step outside and enjoy an array of premium amenities: a heated bayfront pool & spa, updated fishing pier, kayak launch and storage, tennis and pickleball courts, a community grilling area, and a social clubhouse. Boaters will love the available dock slips for just $300/year, while beach lovers can stroll across the street to access the deeded Gulf-front beach access. Turtle Bay is beautifully maintained and ideally located on the tranquil southern end of the island, and just minutes to the restaurants, shops, and free trolley stops that make Siesta living so effortless. Whether you're envisioning winters away from the Midwest chill, or a lock-and-leave getaway with flexible 3-month minimum rental options (up to 4x per year), this penthouse is your canvas.

Listing Agent

Brian Loebker

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #3264334 Listed on: 06/14/2025

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,089

Year Built

  • Built in 1980

Lot Details

  • South Facing Home
  • Mature Landscaping

HOA Fees

  • $762 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Oversized Parking

Property Views

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 1,357 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Living Room
  • Dining Room
  • Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • Wheelchair Access

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Deeded access to the beach
  • No Fixed Bridges
  • Dock has access to water
  • Assigned Boat Slip
  • Balcony
  • Courtyard
  • Outdoor Kitchen
  • Outdoor Storage
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, management, recreational facilities, trash, water
  • Lynn Schooley Association, Phone Number (941) 735-4478
  • Visit Association Website
  • Turtle Bay Association
  • Turtle Bay Community
  • Turtle Bay Sec 1 Subdivision
  • On-Site Maintenance
  • Community features wheelchair access
  • 6-Story Property

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Recreation Facilities
  • Shuffleboard Court

Pet Policy

  • Pets up to 35 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,089

Year Built

Built in 1980

Lot Details

0

HOA Fees

$762 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Management, Recreational Facilities, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1357
  • Lot Size Acres: 3.53
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 1472
  • Lot Size Sq Ft: 153941
  • Directions to Property: From Midnight Pass Rd. go south, turn left into Turtle Bay. Building B is on your right, parking in front of office by tennis courts. Walk towards garages on your right (South) until you see building lobby.
  • Status: Active
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Sarasota
  • Escrow Postal Code: 34242
  • Escrow State: FL
  • Escrow Street Name: Ocean Blvd
  • Escrow Street Number: 5100
  • Floor Number: 6
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 3 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 515.11
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: High Rise,Penthouse
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock w/Water Supply
  • MFR_DockYN: 1
  • MFR_CommunityAssociationWaterFeatures: Bay/Harbor Front,Boat Slip,Dock,Fishing,Intracoastal Waterway,Water Access,Waterfront
  • Attribution Contact: 941-349-3444
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 6
  • Street Number Modifier: 8735
  • Living Area Meters: 126.07
  • Room Count: 6

Exterior Features

  • Direction Faces: South
  • Exterior Features: Balcony, Courtyard, Outdoor Grill, Outdoor Kitchen, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Water Body Name: ICW
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: Bay/Harbor,Beach,Beach - Access Deeded,Gulf/Ocean,Intracoastal Waterway
  • Water Extras: Assigned Boat Slip,Bridges - No Fixed Bridges,Fishing Pier
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 150
  • Water Frontage Feet ICW: 150

Garage/Parking

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

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Pool, Sidewalks, Tennis Court(s), Wheelchair Access
  • Association Amenities: Clubhouse, Elevator(s), Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Shuffleboard Court, Tennis Court(s), Wheelchair Access
  • Association Name: Lynn Schooley
  • Phone: 941.735.4478
  • Association: Yes
  • Senior Community: No
  • Association: Turtle Bay
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Building Name Number: B
  • Condo Fees: 2285
  • Condo Land Included YN: 0
  • Max Pet Weight: 35
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: www.turtlebayfl.com
  • Monthly Condo Fee Amount: 762
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: lschooley@turtlebay.com

Fee Information

  • Total Annual Fees: 9140.00
  • Total Monthly Fees: 761.67

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0129082036
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 14302

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Refer to condo docs for lease restrictions

Tax Info

  • Tax Annual Amount: 5088.98
  • Tax Book Number: 1428-1965
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Intracoastal Waterway
  • Approval Process: Refer to condo docs for approval process.

Map

About Turtle Bay I

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $4,909 $431,846 -- --
2023 $4,909 $419,268 $0 $0
2022 $4,822 $407,056 $0 $0
2021 $4,817 $395,200 $0 $395,200
2020 $5,437 $401,400 $0 $401,400
2019 $5,508 $411,100 $0 $411,100
2018 $5,140 $382,400 $0 $382,400
2017 $5,133 $365,750 $0 $0
2016 $4,681 $332,500 $0 $332,500
2015 $4,733 $327,600 $0 $327,600
2014 $4,981 $313,100 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Price Changed $699,000 -4.9% $515 / Sq Ft
06/14/2025 06/14/25 For Sale $735,000 -- $542 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Source: Public Records

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Source: Stellar MLS

MLS Number: A4655794

Stellar MLS

APN: 0129-08-2036

Florida Sarasota County Sarasota 34242

8735 Midnight Pass Rd Unit 602B, Sarasota, FL

This home is located at 8735 Midnight Pass Rd Unit 602B, Sarasota, FL 34242 and is currently priced at $699,000, approximately $515 per square foot. This property was built in 1980. 8735 Midnight Pass Rd Unit 602B 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

Nearby Homes
Brian Loebker
Listing Agent
Brian Loebker
Section Image
MICHAEL SAUNDERS & COMPANY
(941) 244-9979