Island Reef 8773 Midnight Pass Rd Unit 103G Sarasota, FL 34242
2
Beds
2
Baths
1,303
Sq Ft
$933/mo
HOA Fee
Highlights
- Access To Intracoastal Waterway
- Heated In Ground Pool
- 6.31 Acre Lot
- Phillippi Shores Elementary School Rated A
- Sauna
- Open Floorplan
About This Home
As of May 2024This is it! Your Island Life begins here! Step into your professionally designed & fully remodeled 2021 two bedroom, two bath condo with an office in the premier condominium community of Island Reef that stretches from Gulf to Bay on the quiet, southern end of Siesta Key. This unit sells itself, due to how unique and innovative the renovations are, you won't find another like it. You’ll be awestruck with the Coastal Modern Design of this spacious, elegant condo.The renovations were completed by the licensed contractor owner, so no expense was spared on this high end renovation. Every detail was considered while reconfiguring the living space within this contemporary home. This unit was gutted to the bare walls, redesigned, and then built out to the highest standards, making this essentially a brand new luxury unit. Built out using metal studs, all new mechanical, plumbing & electrical systems, and soundproofing insulation; this unit has been uniquely renewed to a very desirable, clean, contemporary style. The masterful craftsmanship adds to the integrity & comfortable living within this condo. The European Style Kitchen features Italian cabinet doors, wood dovetailed drawers, all plywood cabinets, Italian Marble backsplash, pure white quartz countertops, BOSCH appliances, and induction cooktop, & plenty of storage. You’ll love the Speed Oven which combines microwave & convection cooking. Framing the kitchen is a Coffee / Beverage Bar with a hidden U-Line beverage cooler and additional storage. The open floor plan with easy access to outdoor gathering areas & amenities, extends your living space and creates an inviting atmosphere for entertaining guests and/or creating cherished family moments. Additional features of this property include: solid core doors, smooth finish walls & ceilings, custom window treatments, whole house water filtration system, LED lighting, laundry room, plus a bonus room for den/office. The unit includes a covered parking space right outside the front door. There is an assumable boat slip. There is also a 10,000 lb. boat lift with electric that can be purchased separately. Island Reef is revered for its extensive amenities. This meticulously maintained Waterfront Community offers its residents a fun & active lifestyle with its wealth of amenities including: Multiple Heated Pools, Newly Resurfaced Lighted Tennis & Pickleball Courts, Fitness Centers, Saunas, Fishing Pier, Kayak Launch & Storage, Dock Slips(lifts allowed), Shuffleboard Courts, Water Aerobics, Game Room, Billiards, Ping Pong, Library, & Clubhouse with full kitchen. It’s a short stroll to Tiki Bars and both Casual & Waterfront Fine Dining. The Free Siesta Breeze Trolley stops right outside the property to take you to Siesta Village; filled with live music, restaurants, & shopping or anywhere in between! On-site management is available for monthly rentals, 8 times per year to offset expenses. This condo is being sold furnished. You’ll fall in love with this Bayside Condo on Siesta Key and the Vibrant Community whether it’s your Winter Retreat, Family Getaway, or Permanent Residence. Don’t miss your opportunity to own your own piece of paradise!
Last Agent to Sell the Property
COLDWELL BANKER REALTY Brokerage Phone: 941-349-5200 License #3360026 Listed on: 02/01/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,264
Year Built
- Built in 1981
Lot Details
- Southeast Facing Home
- Street paved with bricks
HOA Fees
- $933 Monthly HOA Fees
Parking
- 1 Carport Space
Home Design
- Slab Foundation
- Concrete Siding
- Block Exterior
Interior Spaces
- 1,303 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Furnished
- Sauna
- Ceramic Tile Flooring
Kitchen
- Range<<rangeHoodToken>>
- <<microwave>>
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Heated In Ground Pool
- Access To Intracoastal Waterway
- Access To Marina
- Fishing Pier
- Exterior Lighting
- Outdoor Grill
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Sarasota High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 0129081037
Community Details
Overview
- Association fees include common area taxes, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, recreational facilities, sewer, trash, water
- Island Reef Community
- Island Reef Ii Ph 1 2 & 3 Subdivision
- The community has rules related to deed restrictions
Amenities
- Sauna
- Clubhouse
- Laundry Facilities
- Elevator
- Community Mailbox
Recreation
Pet Policy
- 1 Pet Allowed
- Dogs and Cats Allowed
- Small pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2024
Closed on
May 8, 2024
Sold by
Clapp Michael and Clapp Robin Lee
Bought by
Breuer David F and Breuer Patrice M
Seller's Agent
Joseph Kesslak
COLDWELL BANKER REALTY
Buyer's Agent
Candy Swick
CANDY SWICK & COMPANY
List Price
$749,000
Sold Price
$696,000
Premium/Discount to List
-$53,000
-7.08%
Views
43
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
-$48,445
Avg. Annual Appreciation
-3.39%
Purchase Details
Listed on
Feb 19, 2021
Closed on
Apr 30, 2021
Sold by
Salt City Homes Llc
Bought by
Clapp Michael and Clapp Robin Lee
Seller's Agent
Linda Scheller
COLDWELL BANKER REALTY
Buyer's Agent
David Clapp
RE/MAX ALLIANCE GROUP
List Price
$449,000
Sold Price
$435,000
Premium/Discount to List
-$14,000
-3.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.84%
Original Mortgage
$348,000
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 18, 2021
Closed on
Feb 18, 2021
Sold by
Francis Carolyn and Jacobson Kenneth A
Bought by
Salt City Homes Llc
Seller's Agent
Carolyn Francis
EXP REALTY LLC
Buyer's Agent
Linda Scheller
COLDWELL BANKER REALTY
List Price
$387,500
Sold Price
$387,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
83.78%
Purchase Details
Closed on
Mar 2, 2020
Sold by
Jacobson Arnold O
Bought by
Jacobson Arnold O and Francis Carolyn
Similar Homes in Sarasota, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $696,000 | None Listed On Document | |
| Special Warranty Deed | $435,000 | Alliance Group Title Llc | |
| Warranty Deed | $387,500 | Attorney | |
| Interfamily Deed Transfer | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $348,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/08/2024 05/08/24 | Sold | $696,000 | -4.5% | $534 / Sq Ft |
| 04/03/2024 04/03/24 | Pending | -- | -- | -- |
| 03/12/2024 03/12/24 | Price Changed | $729,000 | -2.7% | $559 / Sq Ft |
| 02/15/2024 02/15/24 | For Sale | $749,000 | 0.0% | $575 / Sq Ft |
| 02/14/2024 02/14/24 | Pending | -- | -- | -- |
| 02/01/2024 02/01/24 | For Sale | $749,000 | +72.2% | $575 / Sq Ft |
| 04/30/2021 04/30/21 | Sold | $435,000 | -3.1% | $334 / Sq Ft |
| 03/21/2021 03/21/21 | Pending | -- | -- | -- |
| 02/19/2021 02/19/21 | For Sale | $449,000 | +15.9% | $345 / Sq Ft |
| 02/18/2021 02/18/21 | Sold | $387,500 | 0.0% | $298 / Sq Ft |
| 01/22/2021 01/22/21 | Pending | -- | -- | -- |
| 01/18/2021 01/18/21 | For Sale | $387,500 | -- | $298 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $4,264 | $371,693 | -- | -- |
| 2023 | $4,264 | $360,867 | $0 | $0 |
| 2022 | $3,429 | $289,774 | $0 | $0 |
| 2021 | $4,081 | $299,200 | $0 | $299,200 |
| 2020 | $3,345 | $271,388 | $0 | $0 |
| 2019 | $3,228 | $265,286 | $0 | $0 |
| 2018 | $3,150 | $260,340 | $0 | $0 |
| 2017 | $3,133 | $254,985 | $0 | $0 |
| 2016 | $3,135 | $302,500 | $0 | $302,500 |
| 2015 | $3,190 | $288,200 | $0 | $288,200 |
| 2014 | $3,177 | $242,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Kesslak
Seller's Agent in 2024
Joseph Kesslak
COLDWELL BANKER REALTY
(814) 659-8585
36 in this area
45 Total Sales
-
Wendy Kesslak
Seller Co-Listing Agent in 2024
Wendy Kesslak
COLDWELL BANKER REALTY
(941) 321-7484
24 in this area
32 Total Sales
-
Candy Swick
Buyer's Agent in 2024
Candy Swick
CANDY SWICK & COMPANY
(941) 256-2747
8 in this area
282 Total Sales
-
Linda Scheller
Seller's Agent in 2021
Linda Scheller
COLDWELL BANKER REALTY
(941) 806-7981
2 in this area
50 Total Sales
-
Carolyn Francis
Seller's Agent in 2021
Carolyn Francis
EXP REALTY LLC
(941) 400-0083
6 in this area
42 Total Sales
-
Stuart Francis
Seller Co-Listing Agent in 2021
Stuart Francis
EXP REALTY LLC
(763) 438-3500
5 in this area
109 Total Sales
About Island Reef
Map
Source: Stellar MLS
MLS Number: A4597469
APN: 0129-08-1037
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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