NOT LISTED FOR SALE

8779 Midnight Pass Rd Unit 501H Sarasota, FL 34242

Estimated Value: $563,323 - $684,000

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

Last Sold May 25, 2018

Last sale price $415,000 $318 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,437/month

161 Days on Market

Highlights

  • Boat Dock
  • Water access To Gulf or Ocean To Bay
  • Private Beach
  • Phillippi Shores Elementary School Rated A
  • Property fronts an intracoastal waterway
  • Fitness Center

About This Home

As of May 2018

This residence is located in a beautiful setting at the peaceful Beach to Bay community at the south end of Siesta Key. This wonderful community has two heated pools, one on the Gulf side and one on the Bay side, sauna, three lighted tennis courts, pickle ball, billiards, remodeled fitness room, clubhouse, gas grills on both the Gulf side and the Bay side. Boat docks, lifts allowed, bike storage, kayak racks, fishing pier and WiFi. This furnished residence has plantation shutters and two spacious bedrooms with large closets. Bayside pavers will be installed in 2018 they are same type of pavers that are now on the Gulfside of Island Reef.

Last Agent to Sell the Property

Kathleen Ucci

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0646799 Listed on: 11/16/2017

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Christina Miller

SARASOTA BAY REAL ESTATE P.A. License #3100088

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,973

Year Built

  • Built in 1980

Lot Details

  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • Private Beach
  • East Facing Home
  • Mature Landscaping
  • Metered Sprinkler System
  • Landscaped with Trees

HOA Fees

  • $633 Monthly HOA Fees

Parking

  • 1 Carport Space

Property Views

  • Full Bay or Harbor
  • Pool

Home Design

  • Planned Development
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,303 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Rods
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility
  • Laundry in unit

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

Outdoor Features

  • Outdoor Shower
  • Water access To Gulf or Ocean To Bay
  • Property fronts gulf or ocean with access to the bay
  • Access To Intracoastal Waterway
  • No Fixed Bridges
  • First Come-First Served Dock
  • Dock has access to water
  • Dock made with wood
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Schools

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

Utilities

  • Humidity Control
  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, manager, pest control, recreational facilities, sewer, trash, water
  • Island Reef Office 941 349 2884 Association
  • Mid-Rise Condominium
  • Island Reef Community
  • Island Reef II Ph 1 2 & 3 Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking
  • Rental Restrictions
  • 5-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

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

Pet Policy

  • Pets up to 35 lbs
  • 1 Pet Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,973

Year Built

Built in 1980

Lot Details

0

HOA Fees

$633 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, 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=A4201913&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4201913&cview=true&show_results=true&customer_portal=true
  • Floor Number: 5
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Mid Rise
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.92428
  • Price per Sq Ft: 318.5
  • Close to Original List Price Ratio: 0.88298
  • Ratio: Current Price\Building Area Total: 292.05
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Freezer, Microwave, Oven, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 5
  • Window Features: Blinds, Rods, Window Treatments
  • Room Count: 7
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Tennis Court(s)
  • Exterior Features: Lighting, Outdoor Grill, Outdoor Shower, Sliding Doors, Sprinkler Metered, Tennis Court(s)
  • Roof: Built-Up
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: Intracoastal Waterway
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water View: Bay/Harbor - Partial
  • Water Access: Beach - Private, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip 1st Come, Dock - Wood, Dock w/Electric, Dock w/Water Supply, Sailboat Water
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0207F
  • Waterfront Frontage: 4
  • Water Frontage Feet I C W: 1
  • Water Frontage Feet Bay Harbor: 1
  • Water Frontage Feet Beach Prvt: 1
  • Water Frontage Feet Ocean 2 Bay: 1
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: None
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Cable Connected, Public
  • Cooling: Central Air, Humidity Control
  • Heating: Central
  • 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, Buyer Approval Required, Deed Restrictions, Fitness, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts, Water Access
  • Association Amenities: Boat Slip, Boat Dock, Fitness Center, Laundry, Recreation Facilities, Tennis Court(s)
  • Association Fee: 1900
  • Association Fee Frequency: Quarterly
  • Association Name: Island Reef Office 941-349-2884
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7600
  • Monthly HOA Fee: 633.33
  • 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: 0129081087
  • Additional Parcels: No
  • Millage Rate: 12.94
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 35
  • Minimum Lease: 1 Month
  • Approval Process: 0
  • Pet Restrictions: 0
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: One Month Minimum

Tax Info

  • Tax Annual Amount: 4973
  • Tax Book Number: 11-34
  • Tax Lot: 0

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2017
Closed on
May 22, 2018
Sold by
Woodall Michael Alan and Woodall Sally Wlizabeth
Bought by
West Steven J and West Kelly L
Seller's Agent
Kathleen Ucci
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Christina Miller
SARASOTA BAY REAL ESTATE P.A.
List Price
$470,000
Sold Price
$415,000
Premium/Discount to List
-$55,000
-11.7%
Current Estimated Value
$628,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,581
Avg. Annual Appreciation
5.66%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
West Steven J $415,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2018 05/25/18 Sold $415,000 -7.6% $318 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
03/09/2018 03/09/18 Price Changed $449,000 -4.5% $345 / Sq Ft
11/16/2017 11/16/17 For Sale $470,000 -- $361 / 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 $5,977 $478,500 -- $478,500
2024 $6,133 $451,741 -- --
2023 $6,133 $550,800 $0 $550,800
2022 $5,581 $491,900 $0 $491,900
2021 $4,571 $339,400 $0 $339,400
2020 $4,441 $322,700 $0 $322,700
2019 $4,919 $364,800 $0 $364,800
2018 $4,893 $363,700 $0 $363,700
2017 $4,974 $363,700 $0 $363,700
2016 $5,077 $363,700 $0 $363,700
2015 $4,976 $346,400 $0 $346,400
2014 $4,853 $291,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Kathleen Ucci

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 302-2344

    10 in this area

    14 Total Sales

    Kathleen Ucci
    Section Image
  • Christina Miller

    Buyer's Agent in 2018

    Christina Miller

    SARASOTA BAY REAL ESTATE P.A.

    (941) 713-2340

    3 in this area

    58 Total Sales

    Christina Miller
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4201913

Stellar MLS

APN: 0129-08-1087

Florida Sarasota County Sarasota 34242

8779 Midnight Pass Rd Unit 501H, Sarasota, FL

Not Listed for Sale

Condos

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