NOT LISTED FOR SALE

8779 Midnight Pass Rd Unit 204H Sarasota, FL 34242

Estimated Value: $556,341 - $630,000

2 Beds
2 Baths
1,303 Sq Ft
$667/mo HOA Fee

Last Sold November 12, 2021

Last sale price $565,000 $434 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,416/month

109 Days on Market

Highlights

  • Waterfront Community
  • Water Access
  • Fishing
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • Wood Flooring

About This Home

As of November 2021

Live the true dream Florida lifestyle! This two bedroom 2 bathroom unit in the wonderful waterside community of Island Reef checks off all the boxes! Upon entry to the home there is a nook perfect for a home office or den. The kitchen is located in the heart of the home and features a breakfast bar and stainless steel appliances. There are various closets featured throughout the home providing an abundance of storage. Wood and tile floors are found throughout the entire unit for easy maintenance. Natural sunlight from the many windows fills the entire home. In the living room, find a grand patio entry with two sets of double doors leading out to the private balcony with amazing views that makes for the perfect place to sip on a cup of coffee and enjoy the beautiful views and environment surrounding this home. Both bedrooms are very spacious. The master bedroom features an en-suite bathroom, a walk-in closet, and a door out to the balcony. Take advantage of the abundant amenities Island Reef has to offer including a swimming pool, tennis courts, pickle ball, shuffle ball, clubhouse, library, grilling areas, game room, fitness center, dock, fishing pier, kayak launch, and best of all beach access! This home is in a fantastic location near world famous beaches, dining, and shopping!

Last Agent to Sell the Property

Toni Zarghami

KW COASTAL LIVING III License #3283821 Listed on: 06/24/2021

KW COASTAL LIVING III

Last Buyer's Agent

Dawnelle Lanners

KW COASTAL LIVING III License #3399554

KW COASTAL LIVING III

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,150

Year Built

  • Built in 1980

Lot Details

  • 18.57

HOA Fees

  • $667 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,303 Sq Ft Home
  • Ceiling Fan
  • Shutters

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Balcony

Schools

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

Additional Features

  • North Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, recreational facilities
  • Island Reef Management Office Association, Phone Number (941) 349-2844
  • Island Reef Community
  • Island Reef Subdivision
  • Rental Restrictions
  • 5-Story Property

Amenities

  • Elevator

Recreation

  • Waterfront Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Fishing

Pet Policy

  • Pets Allowed
  • Pets up to 100 lbs

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,150

Year Built

Built in 1980

Lot Details

0

HOA Fees

$667 per month

Listing Details

  • HOA Fee Includes: Community Pool, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1303
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 1421
  • Directions to Property: Start out going north on S Tamiami Trl/Tamiami Trl/US-41 N/FL-45 toward Constitution Blvd. Make a U-turn at Constitution Blvd onto S Tamiami Trl/Tamiami Trl/US-41 S/FL-45. Turn right onto Stickney Point Rd/FL-72. Turn left onto Midnight Pass Rd/FL-758. Continue to follow Midnight Pass Rd 8779 MIDNIGHT PASS RD, 204H is on the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4504380?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4504380?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98261
  • Price per Sq Ft: 433.61
  • Close to Original List Price Ratio: 0.904
  • Ratio: Current Price\Building Area Total: 397.61
  • View: No
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Stories: 5
  • Window Features: Shutters
  • Street Number Modifier: 8779
  • Room Count: 5

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony
  • Roof: Built-Up
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Concrete
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fishing, Fitness, Pool, Tennis Courts, Water Access, Waterfront
  • Association Fee: 1
  • Association Fee Frequency: Annually
  • Association Name: Island Reef Management Office
  • Phone: (941) 349-2844
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 2000
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 667
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 8001
  • Monthly HOA Fee: 0.08
  • Total Monthly Fees: 666.75

Schools

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

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0129081072
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Max Pet Weight: 100
  • Minimum Lease: 1 Month
  • Approval Process: *HOA information to be verified by buyer/buyer’s agent.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: *HOA information to be verified by buyer/buyer’s agent.

Tax Info

  • Tax Annual Amount: 4150.08
  • Tax Book Number: 11-34
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Nov 12, 2021
Sold by
Dosen Ann
Bought by
Lyons John R and Lyons Beth A
Seller's Agent
Toni Zarghami
KW COASTAL LIVING III
Buyer's Agent
Dawnelle Lanners
KW COASTAL LIVING III
List Price
$625,000
Sold Price
$565,000
Premium/Discount to List
-$60,000
-9.6%
Current Estimated Value
$604,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,835
Avg. Annual Appreciation
2.71%
Original Mortgage
$452,000
Outstanding Balance
$417,749
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$208,660

Purchase Details

Closed on
Sep 22, 2005
Sold by
Canalia Lino and Canalia Mary Jane
Bought by
Dosen Nick and Dosen Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 9, 2002
Sold by
Canalia Lino and Canalia Mary Jane
Bought by
Canalia Lino
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
Lyons John R $565,000 Attorney
Dosen Nick $599,000 Msc Title Inc
Canalia Lino -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyons John R $452,000
Previous Owner Dosen Ann $379,000
Previous Owner Dosen Nick $399,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $565,000 -1.7% $434 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
09/28/2021 09/28/21 Price Changed $575,000 -4.2% $441 / Sq Ft
08/25/2021 08/25/21 Price Changed $600,000 -2.4% $460 / Sq Ft
07/07/2021 07/07/21 Price Changed $615,000 -1.6% $472 / Sq Ft
06/24/2021 06/24/21 For Sale $625,000 -- $480 / 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 $6,662 $445,200 -- $445,200
2023 $6,662 $534,800 $0 $534,800
2022 $6,072 $478,600 $0 $478,600
2021 $4,272 $314,900 $0 $314,900
2020 $4,150 $299,400 $0 $299,400
2019 $4,571 $336,800 $0 $336,800
2018 $4,623 $342,000 $0 $342,000
2017 $4,702 $342,000 $0 $342,000
2016 $4,797 $342,000 $0 $342,000
2015 $4,702 $325,800 $0 $325,800
2014 $4,587 $274,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4504380

Stellar MLS

APN: 0129-08-1072