NOT LISTED FOR SALE

Island Reef 8773 Midnight Pass Rd Unit 506G Sarasota, FL 34242

Estimated Value: $744,697 - $808,000

2 Beds
2.5 Baths
1,768 Sq Ft
$833/mo HOA Fee

Last Sold September 15, 2023

Last sale price $860,000 $486 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $5,781/month

9 Days on Market

Highlights

  • White Water Ocean Views
  • Boat Dock
  • Assigned Boat Slip
  • Phillippi Shores Elementary School Rated A
  • Beach Access
  • Fitness Center

About This Home

As of September 2023

This recently remodeled 2 bedroom, 2.5 bath plus den unit offers a luxurious feel with open and thoughtfully designed spaces. The unit boasts outstanding bay views and is filled with natural light due to its top floor, extra large, and end unit location. The unit is being sold turnkey furnished, making it move-in ready. Additionally, the assigned carport is conveniently located near the elevator door for easy access. Situated on the private and serene south end of Siesta Key, in the highly sought-after Island Reef complex, this property offers a variety of amenities. Residents have access to boat docks with lifts, four pickleball courts, two tennis courts, two fitness rooms, two swimming pools, a clubhouse, and a private beach. Island Reef is also a pet-friendly community. The complex is beautifully maintained and boasts lush landscaping, making it the most well-kept property on the south end of the island.
Don't miss out on the opportunity to own your very own slice of Florida paradise.

Last Agent to Sell the Property

Carol Thomas

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #0627050 Listed on: 08/11/2023

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Carolyn Francis

EXP REALTY LLC License #3079410

EXP REALTY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,899

Year Built

  • Built in 1981

Lot Details

  • East Facing Home

HOA Fees

  • $833 Monthly HOA Fees

Property Views

  • Garden
  • Park or Greenbelt

Home Design

  • Turnkey
  • Block Foundation
  • Membrane Roofing
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,768 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Living Room
  • Dining Room
  • Den

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Open Parking
  • Assigned Parking

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • No Wake Zone
  • Assigned Boat Slip
  • Dock made with Composite Material

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Riverview High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

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

Amenities

  • Clubhouse
  • Community Mailbox
  • Community Storage Space
  • Elevator

Recreation

  • Community Boat Slip
  • Recreation Facilities

Pet Policy

  • Pets up to 35 lbs
  • 1 Pet Allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,899

Year Built

Built in 1981

Lot Details

0

HOA Fees

$833 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Fidelity Bond, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Private Road, Recreational Facilities, Sewer, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 1768
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 1973
  • Directions to Property: South end of key bayside into complex and keep right. 1st building. Park in visitor parking.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 5
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1 Month
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 486.43
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Elevator, Split Bedroom, Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Block
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 8773
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office
  • Living Area Meters: 164.25
  • Room Count: 4

Exterior Features

  • Direction Faces: East
  • Exterior Features: Sliding Doors
  • Roof: Membrane
  • Pool Private: No
  • View: Garden, Park/Greenbelt, Pool, Water
  • Waterfront: No
  • Road Surface Type: Concrete, Paved
  • Disclosures: Condominium Disclosure Available, Lead Paint
  • Water Access: Beach,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Assigned Boat Slip,Dock - Composite,No Wake Zone,Sailboat Water
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Heat Pump
  • 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, Tennis Courts, Waterfront
  • Association Amenities: Boat Slip, Cable TV, Clubhouse, Dock, Elevator(s), Lobby Key Required, Pickleball Court(s), Pool, Recreation Facilities, Storage, Tennis Court(s)
  • Association Name: Sandy St. Clair
  • Phone: 941-349-2844
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Building Name Number: G
  • Condo Fees: 2500
  • Condo Land Included YN: 0
  • Max Pet Weight: 35
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: Irinfo@hhrmgt.com
  • Monthly Condo Fee Amount: 833
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 10000.00
  • Total Monthly Fees: 833.33

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0129081063
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Association

Tax Info

  • Tax Annual Amount: 6898.83
  • Tax Book Number: 11-34
  • Tax Lot: 0

Multi Family

  • Approval Process: application required

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Sep 14, 2023
Sold by
Harder Family Trust
Bought by
Wells Brian J and Wells Elaine M
Seller's Agent
Carol Thomas
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Carolyn Francis
EXP REALTY LLC
List Price
$899,000
Sold Price
$860,000
Premium/Discount to List
-$39,000
-4.34%
Total Days on Market
9
Views
62
Current Estimated Value
$781,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$78,759
Avg. Annual Appreciation
-2.98%

Purchase Details

Closed on
Sep 14, 2022
Sold by
Harder Barbara M
Bought by
Harder Paul J and Harder Barbara M

Purchase Details

Closed on
Aug 27, 2010
Sold by
Walker Beverly A
Bought by
Harder Barbara

Purchase Details

Closed on
Mar 2, 1999
Sold by
Walker Beverly A
Bought by
Walker Beverly A
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
Wells Brian J $860,000 None Listed On Document
Harder Paul J $100 --
Harder Barbara $500,000 Attorney
Walker Beverly A -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $860,000 -4.3% $486 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $899,000 -- $508 / 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 $7,609 $618,900 -- $618,900
2023 $7,609 $687,500 $0 $687,500
2022 $6,899 $611,300 $0 $611,300
2021 $5,649 $421,900 $0 $421,900
2020 $5,505 $402,400 $0 $402,400
2019 $5,593 $413,500 $0 $413,500
2018 $6,266 $468,400 $0 $468,400
2017 $6,370 $468,400 $0 $468,400
2016 $6,499 $468,400 $0 $468,400
2015 $6,369 $446,200 $0 $446,200
2014 $6,212 $375,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Carol Thomas

    Michael Saunders

    (941) 302-8127

    18 in this area

    29 Total Sales

    Section Image
  • Carolyn Francis

    Buyer's Agent in 2023

    Carolyn Francis

    EXP REALTY LLC

    (941) 400-0083

    6 in this area

    41 Total Sales

    Section Image
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About Island Reef

Map

Source: Stellar MLS

MLS Number: A4579356

Stellar MLS

APN: 0129-08-1063

Florida Sarasota County Sarasota 34242

8773 Midnight Pass Rd Unit 506G, Sarasota, FL

This home is located at 8773 Midnight Pass Rd Unit 506G, Sarasota, FL 34242 since 11 August 2023 and is currently estimated at $775,924, approximately $438 per square foot. This property was built in 1981. 8773 Midnight Pass Rd Unit 506G 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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