NOT LISTED FOR SALE

8776 Midnight Pass Rd Unit 504C Sarasota, FL 34242

Estimated Value: $655,406 - $906,000

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

Last Sold September 17, 2020

Last sale price $635,000 $475 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,274/month

Highlights

  • 262 Feet of Waterfront
  • Boat Dock
  • Private Beach
  • Phillippi Shores Elementary School Rated A
  • Water access To Gulf or Ocean
  • Fitness Center

About This Home

As of September 2020

Spectacular sunsets! Sea Breezes! Surf Gulf Front!

Last Agent to Sell the Property

Marlene Marshall

MICHAEL SAUNDERS & COMPANY License #3113521 Listed on: 08/19/2020

MICHAEL SAUNDERS & COMPANY

Co-Listed By

George Marshall

MICHAEL SAUNDERS & COMPANY License #3033598

Last Buyer's Agent

Marlene Marshall

MICHAEL SAUNDERS & COMPANY License #3113521 Listed on: 08/19/2020

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,831

Year Built

  • Built in 1975

Lot Details

  • 262 Feet of Waterfront
  • Property fronts gulf or ocean
  • Private Beach
  • Northwest Facing Home
  • Mature Landscaping
  • Well Sprinkler System
  • Landscaped with Trees

HOA Fees

  • $650 Monthly HOA Fees

Property Views

  • Full Gulf or Ocean
  • Pool

Home Design

  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,338 Sq Ft Home
  • Furnished
  • Crown Molding
  • Tray Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Storage Room
  • Inside Utility
  • Sauna

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Pool

  • Heated Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Deeded access to the beach
  • First Come-First Served Dock
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, electricity, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, recreational facilities, sewer, trash, water
  • Mid-Rise Condominium
  • Island Reef Community
  • Island Reef I Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 5-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

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

Pet Policy

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

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,831

Year Built

Built in 1975

Lot Details

0

HOA Fees

$650 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Electricity, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1338
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1448
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4475790?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4475790?w=Customer
  • Floor Number: 5
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 7309
  • Property Description: Mid Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 474.59
  • Close to Original List Price Ratio: 0.95489
  • Ratio: Current Price\Building Area Total: 438.54
  • View: Yes
  • Co List Office Mls Id: 281502395
  • Co List Office Phone: 941-349-3444
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Elevator, Living Room/Dining Room Combo, Master Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 5
  • Window Features: Blinds, Window Treatments
  • Room Count: 6
  • Additional Rooms: Florida Room, Inside Utility, Storage Rooms

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Storage
  • Pool Features: Heated
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sauna, Sliding Doors, Storage
  • Roof: Other
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water View: Gulf/Ocean - Full
  • Water Access: Bay/Harbor, Beach - Access Deeded, Beach - Private, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Dock - Slip 1st Come, Fishing Pier, Sailboat Water
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 262
  • Water Frontage Feet Gulf Ocean: 262
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Fishing, Fitness, Pool, Tennis Courts, Water Access
  • Association Amenities: Boat Slip, Boat Dock, Elevator(s), Fitness Center, Laundry, Recreation Facilities, Shuffleboard Court, Tennis Court(s)
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 1950
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 650
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

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

Schools

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

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0129071078
  • Additional Parcels: No
  • Lot Features: In County
  • Flood Zone Code: AE
  • Future Land Use: 0404
  • Zoning Compatible Y N: Yes

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Max Pet Weight: 30
  • Minimum Lease: 1 Month
  • Approval Process: Ask Association
  • Num Timesper Year: 8
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Ask Association

Tax Info

  • Tax Annual Amount: 6831
  • Tax Book Number: 0009/0001
  • Tax Lot: C504

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Sep 17, 2020
Sold by
Gillespie Florida Residence Trust and Gillespie Florida Residence Tr
Bought by
Kuhn Nancy I and Kuhn William R
Seller's Agent
Marlene Marshall
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Marlene Marshall
MICHAEL SAUNDERS & COMPANY
List Price
$665,000
Sold Price
$635,000
Premium/Discount to List
-$30,000
-4.51%
Current Estimated Value
$732,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,602
Avg. Annual Appreciation
2.79%

Purchase Details

Listed on
Aug 10, 2012
Closed on
Nov 15, 2012
Sold by
Aster Dennis C
Bought by
Gillespie Beth and Gillespie Florida Residence Trust
Seller's Agent
Marlene Marshall
MICHAEL SAUNDERS & COMPANY
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%

Purchase Details

Closed on
Nov 20, 2002
Sold by
Aster Dennis C and Aster Christine P
Bought by
Aster Dennis C

Purchase Details

Closed on
Dec 15, 2000
Sold by
Wood Margaret P
Bought by
Aster Dennis C and Aster Christine P

Purchase Details

Closed on
Jun 20, 1997
Sold by
Theodore William and Theodore Patricia S
Bought by
Wood Charles Dudley and Wood Margaret P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.97%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Kuhn Nancy I $635,000 Parker Williams
Gillespie Beth $430,000 Msc Title Inc
Aster Dennis C -- --
Aster Dennis C $370,000 --
Wood Charles Dudley $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wood Charles Dudley $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2020 09/17/20 Sold $635,000 0.0% $475 / Sq Ft
09/14/2020 09/14/20 Price Changed $635,000 -4.5% $475 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $665,000 +54.7% $497 / Sq Ft
11/15/2012 11/15/12 Sold $430,000 -4.4% $321 / Sq Ft View Prior Sale
09/28/2012 09/28/12 Pending -- -- --
08/10/2012 08/10/12 For Sale $450,000 -- $336 / 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 $9,066 $624,900 -- $624,900
2023 $9,066 $749,400 $0 $749,400
2022 $8,259 $661,200 $0 $661,200
2021 $7,189 $499,900 $0 $499,900
2020 $6,952 $475,600 $0 $475,600
2019 $6,831 $498,900 $0 $498,900
2018 $0 $384,200 $0 $384,200
2017 $5,898 $384,200 $0 $384,200
2016 $5,329 $384,200 $0 $384,200
2015 $5,214 $365,900 $0 $365,900
2014 $5,552 $301,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marlene Marshall

    Seller's Agent in 2020

    Marlene Marshall

    Michael Saunders

    (941) 539-8850

    38 in this area

    45 Total Sales

    Marlene Marshall
    Section Image

  • G

    Seller Co-Listing Agent in 2020

    George Marshall

    Michael Saunders

    (941) 961-3221

    29 in this area

    30 Total Sales

    George Marshall
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4475790

Stellar MLS

APN: 0129-07-1078

Florida Sarasota County Sarasota 34242

8776 Midnight Pass Rd Unit 504C, Sarasota, FL

Not Listed for Sale

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

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