NOT LISTED FOR SALE

Island Reef 8773 Midnight Pass Rd Unit 206G Sarasota, FL 34242

Estimated Value: $697,000 - $772,767

3 Beds
2.5 Baths
1,875 Sq Ft
$933/mo HOA Fee

Last Sold August 16, 2024

Last sale price $780,000 $416 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,256/month

109 Days on Market

Highlights

  • Dock has access to electricity and water
  • Property fronts an intracoastal waterway
  • Active Adult
  • Beach Access
  • Fitness Center
  • Open Floorplan

About This Home

As of August 2024

Bright, beachy 3 bedroom corner condo at beautiful Island Reef Condominiums on south Siesta Key. This large unit has over 2000 square feet of inside and lanai living. Recent updates include new paint in grey tones and new carpet in the 2 bedrooms and an updated third bedroom. It is move-in-ready for the new owner. The large kitchen includes granite countertops, soft close drawers, a built-in desk, and a large breakfast bar. From the kitchen and dining area you can enjoy expansive views of the courtyard and grill area with a glimpse of the intracoastal waterway. The condo has a spacious open floor plan that allows for the kitchen, dining, and living areas to flow together and out to the large lanai. The large master bedroom has a wonderful updated ensuite bathroom with dual sinks. There is also a large walk-in closet. The bedroom opens to the lanai were there are wrap around views of the pool and courtyard. Bedroom 2 has a murphy bed and has ample room for dressers, or even an additional bed. The ensuite bathroom has a shower, 2 sinks, and a walk-in closet and dressing area. Bedroom 3 has built -in closets and room for a single bed and dresser. Down the hall is a powder room bathroom. The walk-in laundry room with washer, dryer, and storage shelves is a big plus .
This great 2000 foot condo is perfect for year-round living or snow birding. For those who like to entertain guests, this unit lives like a house with none of the work. if you love boating or fishing, the docks are short walk through the courtyard. Boaters may apply for a boat slip-first come. Slips are available at this time.
Island Reef is one of Siesta Key's premier condo complexes. It is located on south Siesta Key in a beautiful residential area. The complex runs from the Gulf of Mexico to the Intracoastal Waterway. Amenities include: the beach, 2 heated pools, tennis and pickleball courts, a fitness room, clubhouse, bike and kayak racks, grilling patios, boat docks, shuffleboard, a pool table, a video game room, library, and a fun social calendar. There are regular men and women's golf outings. From Island Reef you can take a short walk to three neighborhood restaurants, a marina with boat rentals, and the Turtle Beach playground. The free Siesta Key trolley runs every 20 minutes and makes stops at Island Reef. Hop the trolley, avoid the parking hassle as you ride to Siesta Beach, Siesta Village, and any other destination on Midnight Pass Rd. Island Reef 206G is paradise found! Call for a private showing appointment. There is an on-site rental program.
NOTE; Furnished rooms are virtually staged.

Last Agent to Sell the Property

Stuart Francis

EXP REALTY LLC Brokerage Phone: 888-883-8509 License #3246949 Listed on: 03/10/2024

EXP REALTY LLC

Co-Listed By

Carolyn Francis

EXP REALTY LLC Brokerage Phone: 888-883-8509 License #3079410

Last Buyer's Agent

Jayne Del Medico

COLDWELL BANKER REALTY License #3127787

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,976

Year Built

  • Built in 1981

Lot Details

  • Southwest Facing Home
  • Street paved with bricks
  • Cleared Lot
  • Landscaped with Trees

HOA Fees

  • $933 Monthly HOA Fees

Property Views

  • Garden

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Slab Foundation
  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,875 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Shades
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Ground Level Parking
  • Guest Parking

Outdoor Features

  • Outdoor Shower
  • Beach Access
  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Deeded access to the beach
  • No Fixed Bridges
  • Property is near a marina
  • First Come-First Served Dock
  • Dock has access to electricity and water
  • Dock made with wood
  • Courtyard
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Outdoor Grill
  • Private Mailbox

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Flood Zone Lot

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include cable TV, common area taxes, pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance, management, pest control, private road, recreational facilities, sewer, trash, water
  • $50 Other Monthly Fees
  • Harbeck Property Management Association
  • Visit Association Website
  • Island Reef Condo
  • Island Reef Community
  • Island Reef 11 Ph 12&3 Subdivision
  • On-Site Maintenance
  • The community has rules related to building or community restrictions, deed restrictions, vehicle restrictions
  • 5-Story Property

Amenities

  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Community Mailbox

Recreation

  • Recreation Facilities
  • Shuffleboard Court

Pet Policy

  • Pets up to 30 lbs
  • 1 Pet Allowed
  • Dogs and Cats Allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,976

Year Built

Built in 1981

Lot Details

0

HOA Fees

$933 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1875
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 2070
  • Directions to Property: Take hwy 41, Tamiami Trail to Stickney Point Rd and turn west. Follow over the bridge and when the roat dead ends at the light, turn left. Go about 2 miles to Island Reef. Look for the entrance on the left. Turn left, the right, and park in the open paved area. Walk to the G lobby. G building is the one closest to the tennis courts.
  • Status: Sold
  • Co List Office Mls Id: MFR261010944
  • Co List Office Phone: 888-883-8509
  • Ownership: Condominium
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 1041803
  • Minimum Lease: 1 Month
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 416.00
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Corner Unit,End Unit,Mid Rise
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Slip 1st Come,Dock - Wood,Dock w/Electric,Dock w/Water Supply
  • MFR_DockYN: 1
  • MFR_DockMaintenanceFee: 150
  • MFR_DockMaintenanceFeeFrequency: Quarterly
  • MFR_CommunityAssociationWaterFeatures: Bay/Harbor Front,Boat Slip,Dock,Fishing,Gulf/Ocean Front,Intracoastal Waterway,Water Access,Waterfront
  • Attribution Contact: 888-883-8509
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 5
  • Window Features: Blinds, Shades, Window Treatments
  • Street Number Modifier: 8773
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Inside Utility
  • Living Area Meters: 174.19
  • Room Count: 6

Exterior Features

  • Direction Faces: Southwest
  • Other Structures: Other
  • Exterior Features: Courtyard, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Private Mailbox, Sidewalk, Sliding Doors, Tennis Court(s)
  • Roof: Membrane
  • Home Warranty: No
  • Pool Private: No
  • View: Garden, Pool, Water
  • Water Body Name: INTRACOASTAL WATERWAY, GULF
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Screened
  • Road Surface Type: Paved
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Bay/Harbor,Beach,Beach - Access Deeded,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Fishing Pier,Sailboat Water
  • Water Extras YN: 1
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Additional Water Information: Glimpse of the Intracoastal

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered, Ground Level, Guest

Utilities

  • Utilities: Cable Available, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Irrigation-Reclaimed Water, Pool, Special Community Restrictions, Tennis Courts
  • Association Amenities: Cable TV, Clubhouse, Elevator(s), Laundry, Lobby Key Required, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Shuffleboard Court, Tennis Court(s), Vehicle Restrictions
  • Association Name: Harbeck property Management
  • Phone: Joy 941-349-284
  • Association: Yes
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Complex Community Name Nccb: ISLAND REEF CONDO
  • Association Fee Requirement: None
  • Building Name Number: G/8773
  • Condo Fees: 2800
  • Condo Land Included YN: 1
  • Max Pet Weight: 30
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: irinfo@hhrmgt
  • Monthly Condo Fee Amount: 933
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: www.hhmgt.com

Fee Information

  • Total Annual Fees: 11200.00
  • Total Monthly Fees: 933.33

Schools

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

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0129081045
  • Additional Parcels: No
  • Lot Features: Cleared, FloodZone, In County, Landscaped, Level, Near Marina, Sidewalk, Street Brick, Paved
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 0
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See condo rules and regulations

Tax Info

  • Tax Annual Amount: 4976.03
  • Tax Block: 0
  • Tax Book Number: 11
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Bay/Harbor, Intracoastal Waterway
  • Approval Process: See condo docs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2024
Closed on
Aug 16, 2024
Sold by
Roberta S Bachenheimer Trust and Franklin Bachenheimer Trust
Bought by
Kevin Louis Casciola Revocable Trust and Casciola
Seller's Agent
Stuart Francis
EXP REALTY LLC
Buyer's Agent
Jayne Del Medico
COLDWELL BANKER REALTY
List Price
$899,000
Sold Price
$780,000
Premium/Discount to List
-$119,000
-13.24%
Views
41
Current Estimated Value
$739,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,808
Avg. Annual Appreciation
-4.45%
Original Mortgage
$546,000
Outstanding Balance
$539,916
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$199,276

Purchase Details

Closed on
Jun 24, 1999
Sold by
Bachenheimer Roberta and Bachenheimer Franklin
Bought by
Bachenheimer Roberta S
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kevin Louis Casciola Revocable Trust $780,000 None Listed On Document
Bachenheimer Roberta S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kevin Louis Casciola Revocable Trust $546,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2024 08/16/24 Sold $780,000 -4.9% $416 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
05/15/2024 05/15/24 Price Changed $820,000 -3.5% $437 / Sq Ft
04/18/2024 04/18/24 Price Changed $850,000 -5.5% $453 / Sq Ft
03/10/2024 03/10/24 For Sale $899,000 -- $479 / 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 $4,976 $426,922 -- --
2023 $4,976 $414,487 $0 $0
2022 $4,823 $402,415 $0 $0
2021 $4,826 $390,694 $0 $0
2020 $4,842 $385,300 $0 $385,300
2019 $4,730 $380,090 $0 $0
2018 $4,628 $373,003 $0 $0
2017 $4,608 $365,331 $0 $0
2016 $4,606 $433,500 $0 $433,500
2015 $4,690 $412,900 $0 $412,900
2014 $4,673 $347,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4602304

Stellar MLS

APN: 0129-08-1045