NOT LISTED FOR SALE

Island Reef 8773 Midnight Pass Rd Unit 301-G Sarasota, FL 34242

Estimated Value: $579,893 - $655,000

2 Beds
2 Baths
1,303 Sq Ft
$833/mo HOA Fee

Last Sold April 28, 2023

Last sale price $595,000 $457 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,709/month

8 Days on Market

Highlights

  • Boat Dock
  • Beach Access
  • Heated In Ground Pool
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • Open Floorplan

About This Home

As of April 2023

Welcome to Island Reef, a gorgeous Gulf to Bay community on south Siesta Key. This spectacular end unit condo is the perfect place to enjoy life in paradise. The kitchen and baths have been updated. The traffic areas, kitchen, office, and dining area have beautiful wood floors. Enjoy granite countertops, wood cabinets and stainless appliances in the kitchen. Both baths have tiled showers with glass doors. The spacious enclosed lanai allows for additional living space and has pool and court views. This condo has 4-way views of Island Reef and it"s amenities. The new AC, a large 3-ton unit, will keep you cool. This condo is being sold turnkey-furnished with personal items excluded.
Owners at Island Reef have beach frontage on Turtle Beach. The private dock is available for fishing, dockage, or relaxing on the Bay. The beautiful clubhouse is perfect for community socials, book club, yoga, dance lessons, and other interest groups. There is also a fitness room, library, pickleball and tennis courts, shuffleboard, poo ltable, video theater, and regular water aerobics classes. There are men's and women's golf groups and scheduled tennis and pickleball play. If you are looking for a fun friendly community, you will feel at home at Island Reef. Take the free trolley to Siesta key Village or the large public beach. Walk to nearby restaurants, a playground, and the public Turtle Beach. Call today to see this great condo!

Last Agent to Sell the Property

Carolyn Francis

EXP REALTY LLC License #3079410 Listed on: 02/09/2023

EXP REALTY LLC

Last Buyer's Agent

Lynne Reda

BRIGHT REALTY License #3373183

BRIGHT REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,156

Year Built

  • Built in 1979

Lot Details

  • South Facing Home
  • Irrigation

HOA Fees

  • $833 Monthly HOA Fees

Parking

  • 1 Carport Space

Property Views

  • Park or Greenbelt

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,303 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Combination Dining and Living Room
  • Storage Room
  • Inside Utility
  • Security Lights

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Solid Wood Cabinet

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Beach Access
  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • No Fixed Bridges
  • First Come-First Served Dock
  • Courtyard
  • Exterior Lighting
  • Outdoor Grill
  • Private Mailbox

Schools

  • Phillippi Shores Elementary School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, pest control, private road, sewer, trash, water
  • Harbeck Property Management Association, Phone Number (941) 349-2844
  • Visit Association Website
  • Island Reef Owners Association
  • Island Reef Condos
  • Island Reef Community
  • Island Reef Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions, deed restrictions, vehicle restrictions
  • 5-Story Property

Amenities

  • Clubhouse
  • Laundry Facilities
  • Community Mailbox
  • Elevator

Recreation

  • Recreation Facilities

Pet Policy

  • Pets up to 30 lbs
  • 1 Pet Allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,156

Year Built

Built in 1979

Lot Details

0

HOA Fees

$833 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Pool, Private Road, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1303
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 1421
  • Directions to Property: Take Hwy 41 to Stickney Point Rd. Turn west toward the Gulf. Follow over the bridge to the lighted intersection and go left on Midnight Pass Rd. Follow to 8773-Island Reef Sign. Turn left and wuick right around the tennis courts. Building G is the building by the tennis court.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 3
  • List Office Head Office Key Nume: 1041803
  • Minimum Lease: 1 Month
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 456.64
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: End Unit,Mid Rise
  • Amenities Additional Fees: Clubhouse may be reserved with deposit. Deposit returned if the clubhouse is left clean. No commercial use.
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 5
  • Window Features: Shutters, Window Treatments
  • Street Number Modifier: 8773
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility,Storage Rooms
  • Living Area Meters: 121.05
  • Room Count: 5

Exterior Features

  • Direction Faces: South
  • Other Structures: Tennis Court(s)
  • Pool Features: Heated, In Ground
  • Exterior Features: Courtyard, Irrigation System, Lighting, Outdoor Grill, Private Mailbox, Sliding Doors, Tennis Court(s)
  • Roof: Membrane
  • Home Warranty: No
  • Pool Private: No
  • View: Park/Greenbelt, Pool, Tennis Court
  • Water Body Name: GULF OF MEXICO, INTRACOASTAL
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Bay/Harbor,Beach,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Dock - Slip 1st Come,Dock w/Electric,Sailboat Water
  • Water Extras YN: 1
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Additional Water Information: Docks assigned by property manager as available. Kayak storage wait list.

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Exhaust Fan
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Pool, Sidewalks, Special Community Restrictions, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Cable TV, Clubhouse, Dock, Elevator(s), Fitness Center, Laundry, Lobby Key Required, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Tennis Court(s), Vehicle Restrictions
  • Association Fee Frequency: Quarterly
  • Association Name: Harbeck Property Management
  • Phone: Joy/941-349-2844
  • Association: Yes
  • Security: Security Lights, Smoke Detector(s)
  • Senior Community: No
  • Association #2 Fee: 2500
  • Association #2 Fee Frequency: Quarterly
  • Association: Island Reef Owners
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Complex Community Name Nccb: ISLAND REEF
  • Association Fee Requirement: None
  • Building Name Number: 8773
  • Condo Fees: 0
  • Condo Land Included YN: 1
  • Max Pet Weight: 30
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: info@hhrmgt.com
  • Monthly Condo Fee Amount: 0
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: http://hhrmgt.cincwebaxis.com

Fee Information

  • Total Annual Fees: 10000.00
  • Total Monthly Fees: 833.33
  • Monthly HOA Amount: 0.00

Schools

  • Elementary School: Phillippi Shores Elementary

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0129081046
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 0
  • Zoning Compatible YN: 1

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Rules and Regulations and Condo Docs

Tax Info

  • Tax Annual Amount: 5155.91
  • Tax Book Number: 11/34
  • Tax Lot: 0

Multi Family

  • Approval Process: Application from the onsite manager's office for sale or lease. Fee $100.00 Background check.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Apr 27, 2023
Sold by
Dowling Family Realty Trust
Bought by
Tucci Thomas and Tucci Rita
Seller's Agent
Carolyn Francis
EXP REALTY LLC
Buyer's Agent
Lynne Reda
BRIGHT REALTY
List Price
$625,000
Sold Price
$595,000
Premium/Discount to List
-$30,000
-4.8%
Views
31
Current Estimated Value
$613,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,569
Avg. Annual Appreciation
1.35%
Original Mortgage
$446,250
Outstanding Balance
$436,578
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$176,852

Purchase Details

Closed on
Apr 22, 2008
Sold by
Kopstein Jerome B and Kopstein Doreen
Bought by
Dowling J Robert and Dowling Elizabeth A

Purchase Details

Closed on
Aug 30, 1996
Sold by
Kopstein Jerome B and Kopstein Doreen
Bought by
Kopstein Jerome B and Kopstein Doreen
Source: Public Records

Range of Values:

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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
Tucci Thomas $595,000 None Listed On Document
Dowling J Robert $365,000 Attorney
Kopstein Jerome B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tucci Thomas $446,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $595,000 -4.8% $457 / Sq Ft
02/18/2023 02/18/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $625,000 -- $480 / 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 $5,838 $480,300 -- $480,300
2023 $5,838 $528,000 $0 $528,000
2022 $5,156 $446,600 $0 $446,600
2021 $4,283 $315,800 $0 $315,800
2020 $4,165 $300,600 $0 $300,600
2019 $4,226 $309,000 $0 $309,000
2018 $4,298 $316,000 $0 $316,000
2017 $4,372 $316,000 $0 $316,000
2016 $4,460 $316,000 $0 $316,000
2015 $4,372 $301,000 $0 $301,000
2014 $4,266 $253,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4559875

Stellar MLS

APN: 0129-08-1046