NOT LISTED FOR SALE

8779 Midnight Pass Rd Unit 102H Sarasota, FL 34242

Estimated Value: $559,975 - $680,000

2 Beds
2 Baths
1,303 Sq Ft
$633/mo HOA Fee

Last Sold September 25, 2018

Last sale price $375,000 $288 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,359/month

10 Days on Market

Highlights

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

About This Home

As of September 2018

Seller is selling "AS IS". Needs to be remodeled. Great opportunity to own at this Gulf to Bay community. BEACH AND BOAT DOCKS! View of Sarasota Bay and Island Reef gardens. Two lighted tennis courts, pickle ball, billiard, fitness room, grilling patios, kayak racks, fishing pier, remodeled clubhouse, two swimming pools, saunas, bike storage, Gulf Side social room and more. Active Social Calendar! Laundry and screened and glass-in lanai. Assigned carport an guest parking, Recently completed concrete pavers on all roadways and parking areas, Also at Pool and Grill Areas. Monthly rental, on site management. PET FRIENDLY! Beautiful landscaping ads to the appeal of Island Reef. Close to three restaurants and all cultural activities that Sarasota has to offer!

Last Agent to Sell the Property

Marlene Marshall

MICHAEL SAUNDERS & COMPANY License #3113521 Listed on: 08/13/2018

MICHAEL SAUNDERS & COMPANY

Co-Listed By

George Marshall

MICHAEL SAUNDERS & COMPANY License #3033598

Last Buyer's Agent

Marcia Morse

SUNSET REALTY License #3111133

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,542

Year Built

  • Built in 1980

Lot Details

  • 400 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • The property's road front is unimproved
  • Private Beach
  • Public Beach
  • Northeast Facing Home
  • Mature Landscaping

HOA Fees

  • $633 Monthly HOA Fees

Parking

  • 1 Carport Space

Property Views

  • Intracoastal
  • Full Bay or Harbor
  • Garden

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,303 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Storage Room
  • Inside Utility
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • Well Sprinkler System

Pool

  • Heated In Ground Pool
  • Outside Bathroom Access
  • Auto Pool Cleaner
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Deeded access to the beach
  • First Come-First Served Dock
  • Boat Lift
  • Open Dock
  • Enclosed Patio or Porch
  • 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
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, electricity, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, manager, pool maintenance, recreational facilities, sewer, trash, water
  • Island Reef Homeowners Association, Phone Number (941) 349-2844
  • Mid-Rise Condominium
  • Island Reef Community
  • Island Reef II Ph 1 2 & 3 Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 5-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

  • Boat Dock
  • Community Boat Slip
  • Tennis Courts
  • Recreation Facilities
  • Shuffleboard Court
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,542

Year Built

Built in 1980

Lot Details

0

HOA Fees

$633 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Electricity, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1303
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 1421
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4410800&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4410800&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: Yes
  • Number Of Pets: 1
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Property Description: Mid Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 287.8
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 263.9
  • View: Yes
  • Co List Office Mls Id: 281502395
  • Co List Office Phone: 941-349-3444
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Elevator, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Split Bedroom
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 5
  • Room Count: 6
  • Additional Rooms: Florida Room, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northeast
  • Pool Features: Auto Cleaner, Heated, In Ground, Lighting, Outside Bath Access
  • Exterior Features: Outdoor Grill
  • Roof: Built-Up
  • Pool Private: No
  • View: Garden, Water
  • Water Body Name: Gulf Of Mexico/Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Screened
  • Road Surface Type: Paved, Unimproved
  • Water View: Bay/Harbor - Partial, Intracoastal Waterway
  • Water Access: Bay/Harbor, Beach - Access Deeded, Beach - Private, Beach - Public, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Dock - Open, Dock - Slip 1st Come, Dock w/Electric, Fishing Pier, Lift, Sailboat Water
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0207F
  • Waterfront Frontage: 400
  • Water Frontage Feet I C W: 200
  • Water Frontage Feet Beach Prvt: 200
  • Disclosures: Condominium Disclosure Available

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Phone Available, Sprinkler Meter, Sprinkler Recycled, Sprinkler Well, Street Lights, Water Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Fitness, Irrigation-Reclaimed Water, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Boat Slip, Clubhouse, Boat Dock, Elevator(s), Fitness Center, Laundry, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Sauna, Shuffleboard Court, Tennis Court(s)
  • Association Name: Island Reef homeowners Association
  • Phone: 941-349-2844
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 1900
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 633
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7600
  • Total Monthly Fees: 633.33

Schools

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

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0129081065
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, Flood Insurance Required, FloodZone, In County, Sidewalk
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 30
  • Minimum Lease: 1 Month
  • Approval Process: See Association Docs
  • Num Timesper Year: 8
  • Pet Restrictions: 1- Dog or Cat 30 lbs or less
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Association Docs

Tax Info

  • Tax Annual Amount: 2542
  • Tax Book Number: 11-34
  • Tax Lot: 102

Multi Family

  • Waterfront Features: Beach - Private, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2018
Closed on
Sep 25, 2018
Sold by
Vrabec Jonathan Mark and Daria Vrabec Revocable Living
Bought by
Maggio Deborah E
Seller's Agent
Marlene Marshall
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Marcia Morse
SUNSET REALTY
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$613,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,744
Avg. Annual Appreciation
7.08%

Purchase Details

Closed on
Sep 27, 2012
Sold by
Vrabec John and Vrabec Daria
Bought by
The Daria Vrabec Revocable Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Maggio Deborah E $375,000 Attorney
Maggio Deborah E $375,000 Attorney
The Daria Vrabec Revocable Living Trust -- None Available
The Daria Vrabec Revocable Living Trust -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2018 09/25/18 Sold $375,000 0.0% $288 / Sq Ft
08/23/2018 08/23/18 Pending -- -- --
08/20/2018 08/20/18 For Sale $375,000 0.0% $288 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
08/13/2018 08/13/18 For Sale $375,000 -- $288 / 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
2025 $5,965 $462,200 -- $462,200
2024 $6,306 $466,626 -- --
2023 $6,306 $566,800 $0 $566,800
2022 $5,395 $477,700 $0 $477,700
2021 $4,243 $312,500 $0 $312,500
2020 $4,121 $297,100 $0 $297,100
2019 $4,539 $334,200 $0 $334,200
2018 $2,556 $212,753 $0 $0
2017 $2,542 $208,377 $0 $0
2016 $2,544 $337,700 $0 $337,700
2015 $2,588 $321,600 $0 $321,600
2014 $2,576 $198,092 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4410800

Stellar MLS

APN: 0129-08-1065