NOT LISTED FOR SALE

8750 Midnight Pass Rd Unit 502C Sarasota, FL 34242

Estimated Value: $1,251,000 - $1,481,000

3 Beds
2.5 Baths
2,276 Sq Ft
$1,447/mo HOA Fee

Last Sold May 09, 2023

Last sale price $1,550,000 $681 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $10,769/month

276 Days on Market

Highlights

  • 100 Feet of Ocean or Gulf Waterfront
  • Boat Dock
  • Fitness Center
  • Phillippi Shores Elementary School Rated A
  • Beach Access
  • Heated Indoor Pool

About This Home

As of May 2023

NEW PRICE, WILL NOT LAST LONG! You don’t want to miss this rarely available Fully Furnished penthouse unit located in the sought after Gulf Front Tortuga complex. Located on the Fifth floor this penthouse features gulf to bay views with vaulted ceilings complete with sky light. What is living in paradise if you can’t experience all it has to offer. A patio extends the entire length of the unit providing ample natural light and a view from virtually everywhere. With this kind of square footage it is flexible for every homeowner. Whether you are a full-time resident, snowbird or just looking for a place to host your family and friends This home offers it all. With 3 bedrooms, 2 and 1/2 baths all recently renovated The work is done all you need to worry about is enjoying it Rest easy with the new hurricane code compliant sliders. A heated pool allows for swimming year round. The clubhouse with kitchen, bar, sitting room, provides you with Opportunity to make new friends and host get together’s. You will also have two parking spaces under the building for your convenience. Are you a boater? Available to the residents is the ability to dock it for a very low annual fee across the road. If an active lifestyle is more your speed enjoy the tennis courts on that property as well. With close proximity to restaurants and entertainment this property has it all. Live Where others vacation, now is the time!

Last Agent to Sell the Property

Ryan Kessler

HOME ZONE REALTY INC License #3297654 Listed on: 07/01/2022

Last Buyer's Agent

Renee Nadiv

WILLIAM RAVEIS REAL ESTATE License #3465244

WILLIAM RAVEIS REAL ESTATE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,713

Year Built

  • Built in 1980

Lot Details

  • 100 Feet of Ocean or Gulf Waterfront
  • West Facing Home
  • Mature Landscaping
  • Native Plants

HOA Fees

  • $1,447 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Open Parking
  • Off-Street Parking

Property Views

  • Ocean To Bay
  • Full Bay or Harbor
  • Garden

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,276 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Built-In Desk
  • Dry Bar
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Electric Fireplace
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Den
  • Inside Utility
  • Attic

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Air Filters MERV Rating 10+

Pool

  • Heated Indoor Pool
  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Deeded access to the beach
  • Property is near a marina
  • First Come-First Served Dock
  • Balcony
  • Covered patio or porch
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Electric Water Heater
  • Fiber Optics Available
  • Cable TV Available

Additional Features

  • Wheelchair Access
  • Property is near public transit

Listing and Financial Details

Community Details

Overview

  • Optional Additional Fees
  • Association fees include common area taxes, pool, electricity, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, pest control, private road, trash
  • Tortuga Community
  • Tortuga Subdivision
  • Association Owns Recreation Facilities
  • Community features wheelchair access
  • 5-Story Property

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Boat Dock
  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,713

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,447 per month

Parking

2

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Electricity, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Pool, Private Road, Trash
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2276
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 2908
  • Directions to Property: South on midnight pass rd unit on west side of road
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 5
  • List Office Head Office Key Nume: 160162190
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 681.02
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Mid Rise,Penthouse
  • Amenities Additional Fees: Boat slip
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Electric
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Dry Bar, Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Skylight(s), Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: In Ground
  • Stories: 5
  • Window Features: ENERGY STAR Qualified Windows, Insulated Windows
  • Street Number Modifier: 8750
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Attic,Den/Library/Office,Inside Utility
  • Living Area Meters: 211.45
  • Room Count: 8

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, In Ground, Indoor
  • Exterior Features: Balcony, Lighting, Outdoor Grill, Sidewalk, Sliding Doors, Tennis Court(s)
  • Roof: Concrete, Tile
  • Home Warranty: No
  • Pool Private: No
  • View: Garden, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Concrete
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Access: Bay/Harbor,Beach,Beach - Access Deeded,Gulf/Ocean,Intracoastal Waterway
  • Water Extras: Dock - Slip 1st Come,Sailboat Water
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Partial,Gulf/Ocean - Partial,Gulf/Ocean to Bay
  • Water View YN: 1
  • Waterfront Feet Total: 100
  • Water Frontage Feet Gulf Ocean: 100

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage Door Opener, Guest, Off Street, Open, Under Building

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fiber Optics, Water Available
  • Cooling: Central Air, Zoned
  • Heating: Central, Heat Pump, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Fitness Center, Pool, Tennis Courts, Water Access, Waterfront, Wheelchair Access
  • Association Amenities: Cable TV, Clubhouse, Dock, Elevator(s), Lobby Key Required, Optional Additional Fees, Pool, Tennis Court(s), Wheelchair Access
  • Association: Yes
  • Security: Secured Garage / Parking
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Building Name Number: C
  • Condo Fees: 4340
  • Condo Land Included YN: 1
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 1447

Fee Information

  • Total Annual Fees: 17360.00
  • Total Monthly Fees: 1446.67

Lot Info

  • Parcel Number: 0129072076
  • Additional Parcels: No
  • Lot Features: Near Marina, Near Public Transit
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 0
  • Zoning Compatible YN: 1

Green Features

  • Efficiency: HVAC, Windows
  • Green Indoor Air Qlty: Air Filters MERV 10+
  • Green Verification Count: 0
  • Green Landscaping: Fl. Friendly/Native Landscape

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: One Month Minimum Three Times/Year

Tax Info

  • Tax Annual Amount: 9713
  • Tax Lot: 502C

Multi Family

  • Waterfront Features: Gulf/Ocean
  • Approval Process: Application to HOA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
May 9, 2023
Sold by
Steven W Vanlannen W and Steven Bonnie J
Bought by
Ross David Ian and Ross Patricia Lee
Seller's Agent
Ryan Kessler
HOME ZONE REALTY INC
Buyer's Agent
Renee Nadiv
WILLIAM RAVEIS REAL ESTATE
List Price
$1,950,000
Sold Price
$1,550,000
Premium/Discount to List
-$400,000
-20.51%
Views
62
Current Estimated Value
$1,496,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$53,824
Avg. Annual Appreciation
-0.87%

Purchase Details

Listed on
Oct 20, 2018
Closed on
Feb 28, 2019
Sold by
Skop Arthur Lloyd and Skop Sandra Rae
Bought by
Lannen Steven W Van and Lannen Bonnie J Van
Seller's Agent
Pam LeVine
DOCKSIDE GROUP
Buyer's Agent
Ryan Kessler
HOME ZONE REALTY INC
List Price
$1,199,000
Sold Price
$900,000
Premium/Discount to List
-$299,000
-24.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.85%
Original Mortgage
$500,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 3, 2018
Sold by
Skop Arthur Lloyd and Skop Sandra Rae
Bought by
Skop Arthur Lloyd and Skop Sandra Rae

Purchase Details

Closed on
Dec 5, 2012
Sold by
Marean Robert S
Bought by
Skop Arthur L and Skop Sandra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 1999
Sold by
Napier Norman J and Napier Carol R
Bought by
Marean Robert S

Purchase Details

Closed on
Mar 1, 1996
Sold by
Norhtern Tr Bk Fl N A and Jones Evalyn M
Bought by
Napier Norman J and Napier Carol R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.97%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Ross David Ian $1,550,000 None Listed On Document
Lannen Steven W Van $900,000 Attorney
Skop Arthur Lloyd -- Attorney
Skop Arthur L $575,000 Attorney
Marean Robert S $550,000 --
Napier Norman J $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lannen Steven W Van $500,000
Previous Owner Skop Arthur L $402,500
Previous Owner Napier Norman J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2023 05/09/23 Sold $1,550,000 -3.1% $681 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
02/04/2023 02/04/23 Price Changed $1,600,000 -10.6% $703 / Sq Ft
09/14/2022 09/14/22 Price Changed $1,790,000 -8.2% $786 / Sq Ft
07/01/2022 07/01/22 For Sale $1,950,000 +116.7% $857 / Sq Ft
02/28/2019 02/28/19 Sold $900,000 -9.9% $395 / Sq Ft
02/06/2019 02/06/19 Pending -- -- --
02/02/2019 02/02/19 Price Changed $999,000 -9.2% $439 / Sq Ft
01/05/2019 01/05/19 Price Changed $1,100,000 -8.3% $483 / Sq Ft
10/17/2018 10/17/18 For Sale $1,199,000 -- $527 / 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 $13,556 $1,321,200 -- $1,321,200
2023 $13,556 $1,266,100 $0 $1,266,100
2022 $12,507 $1,160,700 $0 $1,160,700
2021 $10,117 $793,800 $0 $793,800
2020 $9,345 $709,600 $0 $709,600
2019 $9,425 $757,243 $0 $0
2018 $8,971 $720,800 $0 $720,800
2017 $9,808 $720,800 $0 $720,800
2016 $9,045 $720,800 $0 $720,800
2015 $9,218 $710,200 $0 $710,200
2014 $9,572 $545,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4540905

Stellar MLS

APN: 0129-07-2076