NOT LISTED FOR SALE

8776 Midnight Pass Rd Unit 102C Sarasota, FL 34242

Estimated Value: $656,370 - $717,000

2 Beds
2 Baths
1,338 Sq Ft
$650/mo HOA Fee

Last Sold January 22, 2021

Last sale price $557,500 $417 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,076/month

342 Days on Market

Highlights

  • 800 Feet of Waterfront
  • Boat Ramp
  • Public Beach
  • Phillippi Shores Elementary School Rated A
  • Water access To Gulf or Ocean
  • Fitness Center

About This Home

As of January 2021

Wow!!! West Coast meets the Gulf Coast in this enchanting gulf front condo!. All new! Completely remodeled! You won't need an elevator or stairway when you come in from the pool or bring in the groceries. Convenient first floor walkout from your private enclosed lanai to the Beach, pool and BBQ patio, Experience an intoxicating palette of colors harmonizing with the sand, surf and skies of Siesta Key. No attention has been spared in this large 2 BR, 2 BA condo which features a convenient built-in work station/desk area, an exquisitely designed kitchen with granite countertops, beautiful glass tile backsplash & stainless appliances. Large dining area with expandable Skovby dining table seating six. New Natuzzi leather sofa and love seat in the living room. The master suite features Henredon furnishings and private bath with walk-in Roman rainforest shower and large walk-in closet. The large guest bedroom provides 2 double beds along with a large closet and storage space. Guest bathroom has been beautifully updated tub/shower. Full size washer & dryer in laundry room. It's all here!....right down to the new tankless hot water system. Custom plantation shutters throughout (not illustrated in photos). Just bring your toothbrush, this home is being sold fully furnished "turn-key". This Community of Island Reef is known for its lush landscape and impeccably maintained grounds offering both "gulf-to-bay" facilities, including lighted Har-tru tennis & pickle ball courts, Gulf and Bay side heated pools with BBQ patios. Bay side boat docks, expansive Clubhouse, library and Billiard room, fitness center, Sauna, Card room, media center. Assigned carport parking and private beach access. On-site rental program available. A true paradise. Call to see it today!.

Last Agent to Sell the Property

Jo James

COLDWELL BANKER REALTY License #0551033 Listed on: 01/25/2020

COLDWELL BANKER REALTY

Last Buyer's Agent

Julianna Kovacs

FINE PROPERTIES License #3475724

FINE PROPERTIES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,822

Year Built

  • Built in 1975

Lot Details

  • 800 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property fronts an intracoastal waterway
  • Property fronts a public beach
  • Property fronts a private road
  • Public Beach
  • Street terminates at a dead end
  • Southwest Facing Home
  • Mature Landscaping
  • Irrigation
  • Oak Trees

HOA Fees

  • $650 Monthly HOA Fees

Property Views

  • Partial Bay or Harbor
  • Garden
  • Park or Greenbelt
  • Pool

Home Design

  • Slab Foundation
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,338 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Great Room
  • Combination Dining and Living Room
  • Inside Utility
  • Porcelain Tile

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer

Home Security

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Shower
  • Pool Tile
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • No Fixed Bridges
  • First Come-First Served Dock
  • Seawall
  • Boat Ramp
  • Open Dock
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, maintenance structure, ground maintenance, manager, pool maintenance, private road, recreational facilities, sewer, trash, water
  • Island Reef Homeowners Association, Phone Number (941) 349-2844
  • Mid-Rise Condominium
  • Island Reef Condos
  • Island Reef Community
  • Island Reef I Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions
  • Rental Restrictions

Amenities

  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Boat Ramp
  • Boat Dock
  • Community Boat Slip
  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Fishing

Pet Policy

  • Pets up to 30 lbs
  • Pet Size Limit
  • 1 Pet Allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,822

Year Built

Built in 1975

Lot Details

0

HOA Fees

$650 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 1338
  • New Construction: No
  • Year Built: 1975
  • Directions to Property: FROM STICKNEY POINT ROAD - GO SOUTH ON MIDNIGHT PASS ROAD TOWARDS TURTLE BEACH, ISLAND REEF IS ON THE RIGHT SIDE OF THE ROAD (BEACH SIDE) MAKE RIGHT INTO ISLAND REEF COMMUNITY AND MAKE IMMEDIATE LEFT TO BUILDING C. UNIT IS ON THE FIRST FLOOR.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4457655?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4457655?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Mid Rise
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.96287
  • Price per Sq Ft: 416.67
  • Close to Original List Price Ratio: 0.91244
  • View: Yes
  • Co List Office Mls Id: 281502055
  • Co List Office Phone: 941-388-3966
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 8776
  • Room Count: 8
  • Additional Rooms: Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Other Structures: Other, Tennis Court(s)
  • Pool Features: Gunite, In Ground, Lighting, Tile
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Storage, Tennis Court(s)
  • Roof: Other
  • Pool Private: No
  • Road Frontage Type: Street Dead-End, Private Road
  • View: Garden, Greenbelt, Pool
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Rear Porch
  • Road Surface Type: Paved
  • Water View: Gulf/Ocean - Partial
  • Water Access: Beach - Public, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Boat Ramp - Private, Bridges - No Fixed Bridges, Dock - Open, Dock - Slip 1st Come, Sailboat Water, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 800
  • Water Frontage Feet I C W: 200
  • Water Frontage Feet Beach Pub: 200
  • Additional Water Information: Gulf to Bay Community - Intercoastal Waterway - Boat docks available first come first served for a fee.
  • Water Frontage Feet Gulf Ocean: 200
  • Water Frontage Feet Ocean 2 Bay: 200
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Sprinkler Meter, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Community Boat Ramp, Deed Restrictions, Fishing, Fitness, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Boat Slip, Cable TV, Clubhouse, Boat Dock, Elevator(s), Fitness Center, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Sauna, Tennis Court(s), Vehicle Restrictions
  • Association Name: ISLAND REEF HOMEOWNERS ASSOCIATION
  • Phone: 941-349-2844
  • Association: No
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 650
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 650
  • Amenities Additional Fees: BOAT DOCKS
  • Complex Community Name NCCB: ISLAND REEF
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7800
  • Total Monthly Fees: 650

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0129071049
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone, In County
  • Property Attached Yn: Yes
  • Flood Zone Code: A
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 30
  • Minimum Lease: 1 Month
  • Approval Process: APPLICATION, INTERVIEW, $150.00 APPLICATION FEE
  • Num Timesper Year: 8
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: TENANT APPLICATION AND $150.00 NON-REFUNDABLE APPLICATION FEE.

Tax Info

  • Tax Annual Amount: 5822.32
  • Tax Book Number: 9-1
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Beach - Public, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2024
Sold by
Pelati Richard J and Pelati Toni Ann
Bought by
Toni Ann Pelati Revocable Trust and Pelati
Current Estimated Value
$685,093

Purchase Details

Listed on
Jan 25, 2020
Closed on
Jan 19, 2021
Sold by
Mills Randy E and Mills Cynthia L
Bought by
Pelati Richard J and Pelati Toni Ann
Seller's Agent
Jo James
COLDWELL BANKER REALTY
Buyer's Agent
Julianna Kovacs
FINE PROPERTIES
List Price
$611,000
Sold Price
$557,500
Premium/Discount to List
-$53,500
-8.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%

Purchase Details

Closed on
Aug 25, 2004
Sold by
Albano Salvatore and Albano Peggy A
Bought by
Mills Randy E and Mills Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage
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
Toni Ann Pelati Revocable Trust $100 None Listed On Document
Pelati Richard J $557,500 Attorney
Mills Randy E $462,500 Msc Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mills Randy E $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2021 01/22/21 Sold $557,500 -3.7% $417 / Sq Ft
12/31/2020 12/31/20 Pending -- -- --
09/29/2020 09/29/20 Price Changed $579,000 -1.7% $433 / Sq Ft
07/08/2020 07/08/20 Price Changed $589,000 -1.7% $440 / Sq Ft
03/06/2020 03/06/20 Price Changed $599,000 -2.0% $448 / Sq Ft
01/24/2020 01/24/20 For Sale $611,000 -- $457 / 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 $9,349 $586,800 -- $586,800
2023 $9,349 $707,200 $0 $707,200
2022 $7,928 $581,300 $0 $581,300
2021 $6,257 $440,000 $0 $440,000
2020 $5,647 $366,100 $0 $366,100
2019 $5,822 $384,000 $0 $384,000
2018 $5,693 $374,600 $0 $374,600
2017 $5,776 $374,600 $0 $374,600
2016 $5,205 $374,600 $0 $374,600
2015 $5,093 $356,800 $0 $356,800
2014 $5,432 $293,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jo James

    Seller's Agent in 2021

    Jo James

    COLDWELL BANKER REALTY

    (941) 928-3175

    1 in this area

    45 Total Sales

    Jo James
    Section Image
  • Julianna Kovacs

    Buyer's Agent in 2021

    Julianna Kovacs

    FINE PROPERTIES

    (941) 518-6485

    2 in this area

    66 Total Sales

    Julianna Kovacs
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4457655

Stellar MLS

APN: 0129-07-1049

Florida Sarasota County Sarasota 34242

8776 Midnight Pass Rd Unit 102C, Sarasota, FL

This home is located at 8776 Midnight Pass Rd Unit 102C, Sarasota, FL 34242 since 25 January 2020 and is currently estimated at $685,093, approximately $512 per square foot. This property was built in 1975. 8776 Midnight Pass Rd Unit 102C 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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