$430,000
SOLD APR 27, 2018

8750 Midnight Pass Rd Unit 501C Sarasota, FL 34242

2 Beds
2 Baths
1,232 Sq Ft
$679/mo HOA Fee

Recently Sold

$349 Per Sq Ft

8% Below List Price

55 Days on Market

Highlights

  • Boat Dock
  • Solid Surface Countertops
  • Community Pool
  • Phillippi Shores Elementary School Rated A
  • Mature Landscaping
  • Elevator

About This Home

As of April 2018

BEACH AND BOATING! This beach front condo includes access to a large boat dock on the Intracoastal! This luxury condo is located on the 5th floor and offers excellent Gulf views. Inside, you will be delighted to find an updated kitchen with new cabinets and granite counter tops along with two en-suite bedrooms. This exceptional condo is located in the Tortuga Community and has all the top of the line amenities you would expect, including a heated indoor / outdoor pool and a newly remodeled clubhouse that is perfect for any gathering. Across the street at Turtle Bay, there are 7 docks available for annual rentals for Tortuga residences along with full access to Turtle Bay’s tennis facilities. Excluding the art this unit is offered turnkey furnished! Come see one of the best properties that Siesta Key has to offer!

Last Agent to Sell the Property

Brett Keyser, Jr

RE/MAX ALLIANCE GROUP License #3215754 Listed on: 01/19/2018

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Charles Dean

RE/MAX PALM REALTY License #3233131

RE/MAX PALM REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,503

Year Built

  • Built in 1980

HOA Fees

  • $679 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking
  • Open Parking

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,232 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • Mature Landscaping

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, maintenance structure, ground maintenance, recreational facilities, sewer, trash, water
  • Tortuga Community
  • Tortuga Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 5-Story Property

Amenities

  • Elevator

Recreation

  • Boat Dock
  • Community Boat Slip
  • Tennis Courts
  • Recreation Facilities
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,503

Year Built

Built in 1980

Lot Details

0

HOA Fees

$679 per month

Parking

1

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Structure, Maintenance Grounds, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1232
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 1232
  • Directions to Property: West on Stickney Point Road, over drawbridge to Siesta Key, at light make a left and continue south on Midnight Pass Road, follow 8750 Midnight Pass Road - Tortuga is on the right.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4207298&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4207298&cview=true&show_results=true&customer_portal=true
  • Floor Number: 5
  • Homestead Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.95768
  • Price per Sq Ft: 349.03
  • Close to Original List Price Ratio: 0.92473
  • Ratio: Current Price\Building Area Total: 349.03
  • View: No
  • Co List Office Mls Id: 281518938
  • Co List Office Phone: 941-954-5454
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Solid Surface Counters
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 5
  • Street Number Modifier: 8750
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Storage, Tennis Court(s)
  • Exterior Features: Storage, Tennis Court(s)
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0207F

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Guest, Open, Secured, Underground
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool, Tennis Courts
  • Association Amenities: Boat Slip, Boat Dock, Recreation Facilities, Tennis Court(s)
  • Association: No
  • Security: Secured Garage/Parking
  • Senior Community: No
  • Condo Fees: 2037
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 679
  • Amenities Additional Fees: Resident owning a boat and desiring a docking berth must apply to Board of Directors, along with a yearly fee of $250.
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 8148
  • Total Monthly Fees: 679

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0129072075
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: Approval required
  • Num Timesper Year: 3
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Lease restrictions

Tax Info

  • Tax Annual Amount: 5503
  • Tax Block: C
  • Tax Book Number: 7-41
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2018
Closed on
Apr 14, 2018
Sold by
Smith Michael R and Smith Charles D
Bought by
Lynch James E
Seller's Agent
Brett Keyser, Jr
RE/MAX ALLIANCE GROUP
Buyer's Agent
Charles Dean
RE/MAX PALM REALTY
List Price
$465,000
Sold Price
$430,000
Premium/Discount to List
-$35,000
-7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%
Original Mortgage
$242,000
Outstanding Balance
$210,375
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$574,361
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $430,000 Omega Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $242,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2025 06/22/25 For Sale $809,800 +88.3% $657 / Sq Ft
04/27/2018 04/27/18 Sold $430,000 -4.2% $349 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
02/22/2018 02/22/18 Price Changed $449,000 -3.4% $364 / Sq Ft
01/19/2018 01/19/18 For Sale $465,000 -- $377 / 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 $7,624 $471,294 -- --
2023 $7,624 $673,400 $0 $673,400
2022 $6,727 $557,800 $0 $557,800
2021 $5,474 $367,000 $0 $367,000
2020 $5,070 $321,900 $0 $321,900
2019 $5,281 $342,500 $0 $342,500
2018 $5,425 $355,100 $0 $355,100
2017 $5,503 $355,100 $0 $355,100
2016 $4,918 $355,100 $0 $355,100
2015 $4,837 $349,900 $0 $349,900
2014 $5,001 $268,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4207298

Stellar MLS

APN: 0129-07-2075