NOT LISTED FOR SALE

8776 Midnight Pass Rd Unit C103 Sarasota, FL 34242

Estimated Value: $645,000 - $700,000

2 Beds
2 Baths
1,338 Sq Ft
$933/mo HOA Fee

Last Sold March 29, 2024

Last sale price $712,000 $532 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $5,192/month

120 Days on Market

Highlights

  • 1,050 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Heated In Ground Pool
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • Sauna

About This Home

As of March 2024

Look no longer! This is the one! Move in Ready! This condo has been totally renovated from floor to ceiling. Reinforced with hurricane, impact windows & doors, this unit offers quiet, sanctity and comfort within a welcoming & active community. Get your Pickleball On! Walk right out to the Gulfside pool, shuffleboard courts, and of course the beautiful beach! This beautifully renovated 2 bedroom / 2 bath condo exudes a comfortable, coastal charm. The serene color palette creates a relaxing retreat. Perfectly located on the Gulf of Mexico with private beach frontage, turquoise water, & breathtaking sunsets, this walk-out unit offers easy access to the Beach, swimming pool, shuffleboard courts, & grilling area. The condo features many quality finishes & upgrades including: custom, soft-close cabinetry, leathered natural stone countertops, hurricane impact windows & doors, custom window coverings, porcelain tile throughout, solid core doors, plus a fabulous enclosed Lanai with screens for enjoying the Gulf Breezes. Laundry is conveniently located yet tucked away in the coastal kitchen. This unit is truly a Seaside Sanctuary. Island Reef is revered for its extensive amenities. Get involved with one or more of the community wide activities. Play Pickleball on one of the four newly resurfaced Pickleball Courts! This meticulously maintained Waterfront, and pet friendly Community offers its residents a fun & active lifestyle with its wealth of amenities including: Multiple Heated Pools, Lighted Tennis & Pickleball Courts, Fitness Centers, Saunas, Fishing Pier, Kayak Launch & Storage, Boat Slips (lifts allowed), Shuffleboard Courts, Water Aerobics, Game Room, Billiards, Ping Pong, Library, & Clubhouse with full kitchen. The unit includes covered parking. It’s a short stroll to Tiki Bars and both Casual & Waterfront Fine Dining. The Free Siesta Breeze Trolley stops right outside the property to take you to Siesta Village; filled with live music, restaurants, & shopping or anywhere in between! On-site management is available for monthly rentals, 8 times per year to offset expenses. You’ll fall in love with this Seaside Condo on Siesta Key and the Active Community whether it’s your Winter Retreat, Family Getaway, or Permanent Residence. Don’t miss your opportunity to own your own piece of paradise!

Last Agent to Sell the Property

Joseph Kesslak

COLDWELL BANKER REALTY Brokerage Phone: 941-349-5200 License #3360026 Listed on: 11/09/2023

COLDWELL BANKER REALTY

Co-Listed By

Wendy Kesslak

COLDWELL BANKER REALTY Brokerage Phone: 941-349-5200 License #3426707

COLDWELL BANKER REALTY

Last Buyer's Agent

Wendy Kesslak

COLDWELL BANKER REALTY Brokerage Phone: 941-349-5200 License #3426707

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,673

Year Built

  • Built in 1975

Lot Details

  • 1,050 Feet of Waterfront
  • 150 Feet of Bay Harbor Waterfront
  • 300 Feet of Ocean or Gulf Waterfront
  • 300 Feet of Ocean to Bay Waterfront
  • 300 Feet of Public Beach Waterfront
  • Northwest Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $933 Monthly HOA Fees

Property Views

  • Garden
  • Park or Greenbelt
  • Pool

Home Design

  • Traditional Architecture
  • Florida Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,338 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Storage Room
  • Inside Utility
  • Sauna

Kitchen

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

Flooring

  • Wood
  • Recycled or Composite Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Guest Parking
  • Open Parking
  • Assigned Parking

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Shower

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Deeded access to the beach
  • No Fixed Bridges
  • First Come-First Served Dock
  • Boat Port
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, management, pest control, recreational facilities, sewer, trash, water
  • Island Reef HOA, Phone Number (941) 349-2844
  • Mid-Rise Condominium
  • Island Reef Community
  • Island Reef I Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • Greenbelt
  • 5-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Recreation Facilities
  • Shuffleboard Court
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 30 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,673

Year Built

Built in 1975

Lot Details

0

HOA Fees

$933 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, 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: Block, Stucco
  • Fireplace: No
  • Living Area: 1338
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1448
  • Number Of Lots: 1
  • Directions to Property: Stickney Point to Midnight Pass Road. Head South on Midnight Pass Rd. to Island Reef.
  • Status: Sold
  • Co List Office Mls Id: MFR281502160
  • Co List Office Phone: 941-349-5200
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 1047486
  • Minimum Lease: 1 Month
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 532.14
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Annual
  • Planned Unit Development Yn: 0
  • Property Description: Mid Rise
  • Water Frontage Feet Beach: 300
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Slip 1st Come
  • MFR_DockYN: 1
  • Attribution Contact: 941-349-5200
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Recycled/Composite Flooring, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, 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: No
  • Stories: 5
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 8776
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility,Storage Rooms
  • Living Area Meters: 124.30
  • Room Count: 7

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Tennis Court(s)
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sauna, Sliding Doors, Tennis Court(s)
  • Roof: Built-Up
  • Home Warranty: No
  • Pool Private: No
  • View: Garden, Park/Greenbelt, Pool
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Patio, Porch, Rear Porch, Screened
  • Road Surface Type: Paved
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure
  • Water Access: Bay/Harbor,Beach,Beach - Access Deeded,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Boat Port,Bridges - No Fixed Bridges,Fishing Pier,Sailboat Water
  • Water Extras YN: 1
  • Water View YN: 0
  • Waterfront Feet Total: 1050
  • Flood Zone Date: 1992-09-03
  • Flood Zone Panel: 1251440207E
  • Water Frontage Feet Bay Harbor: 150
  • Water Frontage Feet Gulf Ocean: 300
  • Water Frontage Feet Ocean 2 Bay: 300

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Public, Sewer Connected, Sprinkler Meter, Sprinkler Recycled, Street Lights, Underground Utilities, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness Center, Golf Carts OK, Pool, Tennis Courts
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Sauna, Shuffleboard Court, Storage, Tennis Court(s)
  • Association Name: ISLAND REEF HOA
  • Phone: 941-349-2844
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: 1 dog or cat
  • Association Fee Requirement: None
  • Building Name Number: C
  • Condo Fees: 11200
  • Condo Land Included YN: 0
  • Max Pet Weight: 30
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 933
  • Pet Size: Small (16-35 Lbs.)

Fee Information

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

Schools

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

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0129071050
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, Greenbelt, In County, Sidewalk, Paved
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please see Condominium Documents for Rental Restrictions/Guidelines. 1-mth minimum, 8 times/yr

Tax Info

  • Tax Annual Amount: 7673
  • Tax Book Number: 9-1
  • Tax Lot: C103

Multi Family

  • Waterfront Features: Bay/Harbor, Beach Front, Gulf/Ocean, Gulf/Ocean to Bay
  • Approval Process: BUYER INTERVIEW + $150 APPL FEE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Apr 9, 2024
Sold by
Wilharm John and Wilharm Julie
Bought by
Wilharm John and Wilharm Julie
Seller's Agent
Joseph Kesslak
COLDWELL BANKER REALTY
Buyer's Agent
Wendy Kesslak
COLDWELL BANKER REALTY
List Price
$799,000
Sold Price
$712,000
Premium/Discount to List
-$87,000
-10.89%
Views
53
Current Estimated Value
$668,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,280
Avg. Annual Appreciation
-4.04%

Purchase Details

Listed on
Nov 9, 2023
Closed on
Mar 29, 2024
Sold by
William S Snedeker Trust and Laura C Snedeker Trust
Bought by
Wilharm John and Wilharm Julie
Seller's Agent
Joseph Kesslak
COLDWELL BANKER REALTY
Buyer's Agent
Wendy Kesslak
COLDWELL BANKER REALTY
List Price
$799,000
Sold Price
$712,000
Premium/Discount to List
-$87,000
-10.89%
Views
53

Purchase Details

Listed on
Feb 19, 2020
Closed on
Apr 3, 2020
Sold by
Cleary Michael K and Cleary Barbara J
Bought by
Snedeker William S and Snedeker Laura C
Seller's Agent
Giuseppe Gambo
CENTURY 21 SCHMIDT REAL ESTATE
Buyer's Agent
Joseph Kesslak
COLDWELL BANKER REALTY
List Price
$569,900
Sold Price
$540,000
Premium/Discount to List
-$29,900
-5.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%

Purchase Details

Closed on
Nov 30, 2016
Sold by
Rarey John R and Rarey Ann I
Bought by
Cleary Michael K and Cleary Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,500
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 1999
Sold by
Rarey John R
Bought by
Rarey John R
Source: Public Records

Range of Values:

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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
Wilharm John $100 None Listed On Document
Wilharm John $712,000 None Listed On Document
Snedeker William S $540,000 Attorney
Cleary Michael K $422,000 Attorney
Rarey John R -- --
Rarey Ann I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cleary Michael K $316,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2024 03/29/24 Sold $712,000 -8.6% $532 / Sq Ft
03/09/2024 03/09/24 Pending -- -- --
02/22/2024 02/22/24 Price Changed $779,000 -2.5% $582 / Sq Ft
02/16/2024 02/16/24 For Sale $799,000 0.0% $597 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
02/01/2024 02/01/24 Price Changed $799,000 -0.1% $597 / Sq Ft
02/01/2024 02/01/24 Price Changed $799,999 -3.5% $598 / Sq Ft
11/09/2023 11/09/23 For Sale $829,000 +53.5% $620 / Sq Ft
04/06/2020 04/06/20 Sold $540,000 -5.2% $404 / Sq Ft View Prior Sale
02/23/2020 02/23/20 Pending -- -- --
02/19/2020 02/19/20 For Sale $569,900 -- $426 / 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 $8,403 $589,700 -- $589,700
2023 $8,403 $685,000 $0 $685,000
2022 $7,673 $606,500 $0 $606,500
2021 $6,694 $459,200 $0 $459,200
2020 $5,059 $354,848 $0 $0
2019 $4,915 $346,870 $0 $0
2018 $4,462 $311,524 $0 $0
2017 $4,135 $280,729 $0 $0
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

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Map

Source: Stellar MLS

MLS Number: A4588057

Stellar MLS

APN: 0129-07-1050