NOT LISTED FOR SALE

Sunrise Cove 8897 Midnight Pass Rd Unit 203 Sarasota, FL 34242

Estimated Value: $371,707 - $459,000

1 Bed
1 Bath
726 Sq Ft
$683/mo HOA Fee

Last Sold August 30, 2021

Last sale price $395,000 $544 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,175/month

4 Days on Market

Highlights

  • Waterfront Community
  • Water Views
  • Water Access
  • Phillippi Shores Elementary School Rated A
  • Community Boat Slip
  • Fitness Center

About This Home

As of August 2021

Priceless water views with an affordable price tag. This one bedroom, one bathroom condo in Sunrise Cove can be your full-time waterfront residence, your part-time escape, an investment property, or a combination. The unit has been beautifully updated and opened up for wonderful flow and a gorgeous water view you can see the moment you enter. With amazing vistas of the Intracoastal and close proximity to Turtle Beach (it's literally across the street) you will get to enjoy both sides of the island. Boaters and fishing enthusiasts will enjoy the boat and kayak slips, sunworshippers and beachwalkers will love Turtle Beach, and dining enthusiasts will enjoy being walking distance to Turtles Restaurant, Turtle Beach Grill, and Ophelia's On the Bay. Investors will like the on-site management company and the rental income. Sunrise Cove offers many amenities: TWO pools, tennis courts, pickleball, kayak storage, and clubhouse with fitness center. Assigned boat slips are available for a pittance. This beautiful condo is being offered fully furnished, so all you have to bring is your bathing suit, sunscreen, and a toothbrush. Schedule your showing today before the sun sets on your opportunity.

Last Agent to Sell the Property

Alison Stottlemyer

COLDWELL BANKER REALTY License #3342216 Listed on: 07/02/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

MaryAnn Fenton,PA

BRIGHT REALTY License #3235447

BRIGHT REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,002

Year Built

  • Built in 1973

Lot Details

  • 1.17

HOA Fees

  • $683 Monthly HOA Fees

Property Views

Home Design

  • Elevated Home
  • Turnkey
  • Slab Foundation
  • Concrete Roof
  • Block Exterior

Interior Spaces

  • 726 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Free Standing Fireplace
  • Decorative Fireplace
  • Electric Fireplace
  • Sliding Doors
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Pool

  • Lap Pool
  • In Ground Pool

Outdoor Features

  • Water Access
  • Property is near a marina
  • Balcony
  • Screened Patio
  • Rear Porch

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Additional Features

  • West Facing Home
  • Property is near public transit

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, maintenance structure, ground maintenance, manager, pest control, pool maintenance, recreational facilities, security
  • Sunrise Cove Condominium Association, Inc. Association, Phone Number (941) 349-4955
  • Mid-Rise Condominium
  • Sunrise Cove Community
  • Sunrise Cove Sec 1 Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Elevator

Recreation

  • Community Boat Slip
  • Fishing

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,002

Year Built

Built in 1973

Lot Details

0

HOA Fees

$683 per month

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 726
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 846
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4505442?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4505442?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Unit Number Y N: No
  • Property Description: Elevated, Mid Rise
  • Ratio: Close Price\List Price: 0.98997
  • Price per Sq Ft: 544.08
  • Close to Original List Price Ratio: 0.98997
  • Ratio: Current Price\Building Area Total: 466.9
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Fireplace Features: Decorative, Electric, Free Standing
  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 1
  • Interior Amenities: Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Stone Counters
  • Appliances Included: Built-In Oven, Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 1
  • Room Count: 3

Exterior Features

  • Direction Faces: West
  • Pool Features: In Ground, Lap
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Concrete
  • Pool Private: No
  • View: Pool, Water
  • Waterfront: No
  • Patio and Porch Features: Patio, Porch, Rear Porch, Screened
  • Road Surface Type: Asphalt
  • 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
  • Parking Features: Assigned, Covered, Guest
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Fitness, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Boat Slip
  • Association Fee Frequency: Monthly
  • Association Name: Sunrise Cove Condominium Association, Inc.
  • Phone: 941-349-4955
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 683
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 683
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 8196
  • Total Monthly Fees: 683

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0129161012
  • Additional Parcels: No
  • Lot Features: In County, Near Marina, Near Public Transit
  • Flood Zone Code: AE

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: One month minimum. On-site management available with only 15% fee. Must use them first year, can manage yourself afterward (but 15% is quite good!).

Tax Info

  • Tax Annual Amount: 3002.43
  • Tax Book Number: 992-1516
  • Tax Lot: 203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Aug 30, 2021
Sold by
Sollecito Nicholas Paul and Sollecito Tia Nicole
Bought by
Duncan Farms Ltd
Seller's Agent
Alison Stottlemyer
COLDWELL BANKER REALTY
Buyer's Agent
MaryAnn Fenton,PA
BRIGHT REALTY
List Price
$399,000
Sold Price
$395,000
Premium/Discount to List
-$4,000
-1%
Current Estimated Value
$406,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,427
Avg. Annual Appreciation
0.67%

Purchase Details

Closed on
Jul 5, 2017
Sold by
Sullivan Edward F and Sullivan Patricia A
Bought by
Sollecto Nicholas Paul and Sollecto Tia Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2006
Sold by
Lalor Richard P
Bought by
Sullivan Edward F and Sullivan Patricia A

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
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2004
Sold by
Lalor Richard P and Lalor Bonnie Lee
Bought by
Lalor Richard P
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
Duncan Farms Ltd $395,000 Attorney
Sollecto Nicholas Paul $315,000 Platinum Title Llc
Sullivan Edward F $250,000 None Available
Lalor Richard P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sollecto Nicholas Paul $252,000
Previous Owner Sullivan Edward F $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2021 08/30/21 Sold $395,000 -1.0% $544 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $399,000 -- $550 / 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 $4,245 $311,200 -- $311,200
2024 $4,058 $330,400 -- $330,400
2023 $4,058 $316,200 $0 $316,200
2022 $3,835 $294,300 $0 $294,300
2021 $3,000 $216,600 $0 $216,600
2020 $3,002 $213,200 $0 $213,200
2019 $3,248 $236,100 $0 $236,100
2018 $3,338 $244,600 $0 $244,600
2017 $2,734 $189,607 $0 $0
2016 $2,565 $177,200 $0 $177,200
2015 $2,382 $156,700 $0 $156,700
2014 $2,392 $146,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alison Stottlemyer

    Seller's Agent in 2021

    Alison Stottlemyer

    COLDWELL BANKER REALTY

    (941) 504-7260

    1 in this area

    66 Total Sales

    Alison Stottlemyer
    Section Image
  • MaryAnn Fenton,PA

    Buyer's Agent in 2021

    MaryAnn Fenton,PA

    BRIGHT REALTY

    (941) 920-2018

    1 in this area

    20 Total Sales

    MaryAnn Fenton,PA
    Section Image
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About Sunrise Cove

Map

Source: Stellar MLS

MLS Number: A4505442

Stellar MLS

APN: 0129-16-1012

Florida Sarasota County Sarasota 34242

8897 Midnight Pass Rd Unit 203, Sarasota, FL

Not Listed for Sale

Condos

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

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