NOT LISTED FOR SALE

Island Reef 8773 Midnight Pass Rd Unit 505G Sarasota, FL 34242

Estimated Value: $518,000 - $631,000

2 Beds
2 Baths
1,303 Sq Ft
$933/mo HOA Fee

Last Sold February 09, 2024

Last sale price $537,500 $413 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,704/month

138 Days on Market

Highlights

  • Beach Front
  • Water access To Gulf or Ocean To Bay
  • Fitness Center
  • Phillippi Shores Elementary School Rated A
  • Dock made with wood
  • Heated In Ground Pool

About This Home

As of February 2024

Reduced! You can plan on shoveling sunshine this winter on the South end of Siesta Key. Top floor your Florida Oasis awaits! This clean, turn-key 2 bedroom, 2 bathroom 5th floor unit is ready to be your next chapter! An idyllic floor plan making the most of flow and privacy. An ensuite Master bedroom, with private access to the enclosed lanai, a walk-in closet and two separate vanities give any owner(s) a comfortable resting space. The 2nd bedroom also offers privacy with a well sized room and a wall of closets, a great compliment to this island gem. The clean galley kitchen layout gives a simplistic functionality with an added space that can be used as a breakfast nook or office. The living room, dining room combo continues the flow while directing you to the light and bright enclosed lanai! Giving extra space for all the seasons! Located in the beautiful community of Island Reef, one of the few Gulf to Bay communities on the island. This development is rich in amenities such as: Fishing pier, boat docks with lift, kayak storage, tennis and pickleball courts, 2 heated pools , grill stations …for those fun “yappy hour” cook outs. Fitness, billiards/library room, game room. Plus Club House and Meeting rooms… not to mention all the beautiful landscaping and pathways! A true Oasis!

Last Agent to Sell the Property

Christina Miller

SARASOTA BAY REAL ESTATE P.A. Brokerage Phone: 941-312-4122 License #3100088 Listed on: 08/18/2023

Last Buyer's Agent

David Perkowski

PREFERRED SHORE LLC License #3274359

PREFERRED SHORE LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,161

Year Built

  • Built in 1981

Lot Details

  • South Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $933 Monthly HOA Fees

Property Views

  • Park or Greenbelt

Home Design

  • Traditional Architecture
  • Florida Architecture
  • Pillar, Post or Pier Foundation
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,303 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Common or Shared Parking
  • Deeded Parking
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outside Bathroom Access
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Deeded access to the beach
  • First Come-First Served Dock
  • Dock made with wood
  • Enclosed patio or porch
  • Exterior Lighting
  • Outdoor Grill
  • Private Mailbox

Location

  • Flood Zone Lot
  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, management, pest control, recreational facilities, sewer, trash, water
  • Sandy St.Clair Association, Phone Number (941) 349-2844
  • Island Reef Community
  • Island Reef Ii Ph 1 2 & 3 Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • 5-Story Property

Amenities

  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

  • Recreation Facilities
  • Shuffleboard Court

Pet Policy

  • Pets up to 35 lbs
  • 1 Pet Allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,161

Year Built

Built in 1981

Lot Details

0

HOA Fees

$933 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Florida, Traditional
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1303
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 1421
  • Directions to Property: Siesta Key South Bridge. Go L (South) on Midnight Pass to Island Reef. Turn L (Bay side) take an immediate Right and follow around to parking. Building 8773/G.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 5
  • List Office Head Office Key Nume: 1047754
  • Minimum Lease: 1 Month
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 412.51
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: In M/H Community
  • Attribution Contact: 941-312-4122
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Pillar/Post/Pier
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 5
  • Window Features: Blinds
  • Street Number Modifier: 8773
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Florida Room,Inside Utility
  • Living Area Meters: 121.05
  • Room Count: 6

Exterior Features

  • Direction Faces: South
  • Other Structures: Tennis Court(s)
  • Pool Features: Gunite, Heated, In Ground, Lighting, Outside Bath Access
  • Exterior Features: Lighting, Outdoor Grill, Private Mailbox, Sidewalk, Sliding Doors, Tennis Court(s)
  • Roof: Built-Up
  • Home Warranty: No
  • Pool Private: No
  • View: Park/Greenbelt, Pool, Tennis Court, Water
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Rear Porch, Screened
  • Road Surface Type: Paved
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Beach,Beach - Access Deeded,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Dock - Slip 1st Come,Dock - Wood,Dock w/Electric,Fishing Pier
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Common, Deeded, Guest

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, Pool, Sidewalks, Tennis Courts
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Laundry, Lobby Key Required, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Shuffleboard Court
  • Association Name: SANDY ST.CLAIR
  • Phone: 941-349-2844
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Building Name Number: G/8773
  • Condo Fees: 2800
  • Condo Land Included YN: 1
  • Max Pet Weight: 35
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: INFO@HHRMGT.COM
  • Monthly Condo Fee Amount: 933
  • Pet Size: Small (16-35 Lbs.)

Fee Information

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

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0129081062
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Landscaped, Near Public Transit, Sidewalk, Paved
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Rules and Regulations for application process

Tax Info

  • Tax Annual Amount: 5161.18
  • Tax Book Number: 11-34
  • Tax Lot: 505G

Multi Family

  • Waterfront Features: Beach Front, Intracoastal Waterway
  • Approval Process: See Condo Docs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Feb 8, 2024
Sold by
Voelz Susan L and Kedzie Teri L
Bought by
Sand-Ferron Lisa L
Seller's Agent
Christina Miller
SARASOTA BAY REAL ESTATE P.A.
Buyer's Agent
David Perkowski
PREFERRED SHORE LLC
List Price
$649,900
Sold Price
$537,500
Premium/Discount to List
-$112,400
-17.29%
Views
123
Current Estimated Value
$596,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,437
Avg. Annual Appreciation
6.78%

Purchase Details

Closed on
Jul 28, 2023
Sold by
Hangartner Wayne D
Bought by
Hangartner Wayne D

Purchase Details

Closed on
Aug 16, 2011
Sold by
Wambold John H and Wambold Diane M
Bought by
Hangartner Phyllis M

Purchase Details

Closed on
Feb 15, 2006
Sold by
Wambold John H and Wambold Diane M
Bought by
Wambold John H and Wambold Diane M

Purchase Details

Closed on
Nov 14, 1997
Sold by
Hangartner Wayne D and Hangartner Phyllis M
Bought by
Hangartner Phyllis M
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
Sand-Ferron Lisa L $537,500 King Title
Hangartner Wayne D $100 None Listed On Document
Hangartner Wayne D $100 None Listed On Document
Hangartner Phyllis M $161,001 None Available
Wambold John H -- None Available
Hangartner Phyllis M -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $537,500 -10.4% $413 / Sq Ft
01/04/2024 01/04/24 Pending -- -- --
12/15/2023 12/15/23 Price Changed $599,900 -2.5% $460 / Sq Ft
11/01/2023 11/01/23 Price Changed $615,000 -3.8% $472 / Sq Ft
09/11/2023 09/11/23 Price Changed $639,000 -1.7% $490 / Sq Ft
09/11/2023 09/11/23 For Sale $649,900 0.0% $499 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $649,900 -- $499 / 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 $5,690 $449,000 -- $449,000
2023 $5,690 $502,700 $0 $502,700
2022 $5,161 $446,200 $0 $446,200
2021 $4,299 $317,100 $0 $317,100
2020 $4,180 $301,800 $0 $301,800
2019 $4,222 $308,700 $0 $308,700
2018 $4,404 $324,500 $0 $324,500
2017 $4,476 $324,500 $0 $324,500
2016 $4,570 $324,500 $0 $324,500
2015 $4,480 $309,100 $0 $309,100
2014 $4,370 $259,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christina Miller

    Seller's Agent in 2024

    Christina Miller

    SARASOTA BAY REAL ESTATE P.A.

    (941) 713-2340

    5 in this area

    67 Total Sales

    Section Image
  • David Perkowski

    Buyer's Agent in 2024

    David Perkowski

    PREFERRED SHORE LLC

    (941) 416-0932

    3 in this area

    25 Total Sales

    Section Image
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About Island Reef

Map

Source: Stellar MLS

MLS Number: A4580024

Stellar MLS

APN: 0129-08-1062

Florida Sarasota County Sarasota 34242

8773 Midnight Pass Rd Unit 505G, Sarasota, FL

This home is located at 8773 Midnight Pass Rd Unit 505G, Sarasota, FL 34242 since 18 August 2023 and is currently estimated at $572,287, approximately $439 per square foot. This property was built in 1981. 8773 Midnight Pass Rd Unit 505G is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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