Island Reef 8773 Midnight Pass Rd Unit 103G Sarasota, FL 34242
2
Beds
2
Baths
1,303
Sq Ft
6
Acres
Highlights
- Boat Dock
- Property fronts an intracoastal waterway
- Fitness Center
- Phillippi Shores Elementary School Rated A
- Water Access
- Fishing
About This Home
As of May 2024Welcome to Island Reef, a Luxury Condominium Complex on the Tranquil South End of Siesta Key. This is a RARELY AVAILABLE 2 Bedroom, 2 Bath First Floor Condo. This Spacious unit is fully furnished and is ready for move-in; perfect for a primary home in paradise or a vacation rental investment. It is also priced right if you feel the need to re-design. Included is a private Master Bedroom Suite that opens to the Glass Lanai overlooking one of the resort s pools, and a separate suite with a bath for family or guests. The Kitchen serves a breakfast nook as well as a pass through to the spacious and open Dining/Living Area. Laundry in the unit as well as ample closets and storage meet all your needs for comfortable beach living.
This resort spans the Gulf of Mexico to the Intracoastal Waterway. Beautiful Turtle Beach is a short stroll through the resort, or you can enjoy either of the 2 heated pools on the property. Stroll the other way to access your Kayak or your Boat moored in the available deep-water docks in the Intracoastal Waterway. Other Amenities include Tennis Courts, Gym, Volleyball Court, Playground, Horseshoe Pit and Picnic/BBQ areas. Also, an In-House Rental Program is available if you would like to maximize your investment.
Island Reef has a great location on the quieter end of Siesta Key, with shops and great restaurants
nearby. Or, Take the free Siesta Key Trolley that runs all day and night to the bustling Village of Siesta Key and both ends of the Island. You can also enjoy fishing, boating, parasailing, kayaking, swimming and snorkeling nearby. You also must see our 3D Interactive Panoramic tour, see Tour button above. Life is good at the Beach!!!
Last Agent to Sell the Property
COLDWELL BANKER REALTY License #0372710 Listed on: 02/19/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,345
Year Built
- Built in 1981
Lot Details
- South Facing Home
- Mature Landscaping
Parking
- 1 Carport Space
Home Design
- Slab Foundation
- Block Exterior
Interior Spaces
- 1,303 Sq Ft Home
- 1-Story Property
- Furnished
- Combination Dining and Living Room
Kitchen
- Range
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry in Kitchen
- Dryer
- Washer
Outdoor Features
- Water Access
- Covered patio or porch
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 0129081037
Community Details
Overview
- Association fees include cable TV, common area taxes, community pool, escrow reserves fund, fidelity bond, insurance, maintenance exterior, ground maintenance, manager, pest control, pool maintenance, private road, recreational facilities, sewer, trash, water
- Meryem Bilauadil Lghthouse Management Association, Phone Number (941) 349-2844
- Island Reef Community
- Island Reef Ii Ph 1 2 & 3 Subdivision
- Association Approval Required
Recreation
- Recreation Facilities
- Fishing
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
-3.33%
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: A4491823
APN: 0129-08-1037
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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