NOT LISTED FOR SALE

Sunrise Cove 8897 Midnight Pass Rd Unit 302 Sarasota, FL 34242

Estimated Value: $541,000 - $576,000

2 Beds
2 Baths
1,093 Sq Ft
1.17 Acres

Last Sold December 31, 2020

Last sale price $470,000 $430 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,340/month

115 Days on Market

Highlights

  • Boat Ramp
  • Water Access
  • Fitness Center
  • Phillippi Shores Elementary School Rated A
  • Property Fronts a Bay or Harbor
  • Heated In Ground Pool

About This Home

As of December 2020

Live the effortless island life away from crowds, enjoying peaceful views from this exceptional waterfront residence at Sunrise Cove. This upgraded 2 bedroom/2 bath condo is perfectly positioned to capture the scenery of Little Sarasota Bay, the Intracoastal Waterway, and majestic sunsets over the Gulf of Mexico. Emanating a tropical ambiance, this home is updated with fine quality finishes so you are free to move in and immediately begin enjoying all it has to offer. Choose to leave the inner lanai doors open to extend your living space or close them and open the outer set of doors to dine al fresco. Highlights include: freshly painted interior, hardwood floors with soundproofing barrier underlay, fully open kitchen with granite counters, wood cabinets, stainless steel appliances, updated baths with Italian tile, crown molding, recessed lighting, one of the few with in-suite laundry, 2016 A/C, new windows (2016), new hot water heater. With a direct Bayfront location and Turtle Beach across the street, there are many opportunities for waterfront activities such as boating, fishing, kayaking and more. The free Breeze Trolley stops out front for access to your full Siesta Key adventures. Sunrise Cove has a full array of amenities: an Olympic sized heated pool with a cabana overlooking the bay, a heated lounge pool, kayak racks, 49 boat docks, 2 lighted soft (artificial grass) tennis courts, recreation/party room, billiard and ping pong rooms, activity and social calendar, on site management, fitness rooms, and 2 picnic areas with gas grills, all directly on the bay. Next door you will find a marina and some of the island's most popular dining venues. Be inspired to make this Siesta Key condo and its lifestyle yours!
Visit virtual tour at: https://paulemmanuelkreative.gofullframe.com/ut/8897_Midnight_Pass_302.html

Last Agent to Sell the Property

Josie Cline

MICHAEL SAUNDERS & COMPANY License #3327884 Listed on: 08/15/2020

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Sandee Teresa

COMPASS FLORIDA LLC License #3230037

COMPASS FLORIDA LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,125

Year Built

  • Built in 1973

Lot Details

  • West Facing Home
  • Landscaped with Trees

Property Views

Home Design

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

Interior Spaces

  • 1,093 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

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

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Pool Lighting

Outdoor Features

  • Water Access
  • Property is near a marina
  • Balcony
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 302
  • Assessor Parcel Number 0129161019

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include cable TV, common area taxes, community pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance exterior, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, private road, recreational facilities, sewer, trash, water
  • Patricia Wasil Association, Phone Number (941) 349-4955
  • Sunrise Cove Community
  • On-Site Maintenance
  • Association Approval Required
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking
  • 5-Story Property

Amenities

  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Boat Ramp
  • Boat Dock
  • Community Boat Slip
  • Fishing

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,125

Year Built

Built in 1973

Lot Details

0

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Exterior, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Property Description: Mid Rise
  • Water Extras: Bridges - No Fixed Bridges, Dock - Open, Dock - Slip 1st Come, Dock w/Electric, Fishing Pier, Minimum Wake Zone, Sailboat Water, Seawall - Concrete, Seawall - Other
  • Water View: Yes
  • Construction Materials: Block, Stucco
  • Living Area: 1093.00
  • Homestead: Yes
  • Lot Size Acres: 1.17
  • Year Built: 1973
  • Building Area Total: 1233.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4474825?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4474825?w=Customer
  • Lot Size Sq Ft: 50802
  • Building Search Sq Meters: 114.55
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4474825?w=PubMLS
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Room Count: 5
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Floor Number: 3
  • Levels: One
  • Stories: 5
  • Window Features: Blinds, ENERGY STAR Qualified Windows
  • Living Area Meters: 101.54

Exterior Features

  • Direction Faces: West
  • Water Extras: Yes
  • Waterfront Feet Bay Harbor: 657
  • Water Access: Bay/Harbor, Beach - Public, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
  • Pool Features: Gunite, Heated, In Ground, Lighting
  • Exterior Features: Balcony, Lighting, Outdoor Grill, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Built-Up
  • Water View: Bay/Harbor - Full, Gulf/Ocean - Partial, Intracoastal Waterway
  • Flood Zone Code: AE
  • Flood Zone Date: 11/04/2016
  • Flood Zone Panel: 12115C0207F
  • Water Access: Yes
  • View: Pool, Water
  • Water Body Name: LITTLE SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Patio, Screened

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Assigned, Guest, Open

Utilities

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

Condo/Co-op/Association

  • S W Subdiv Community Name: Sunrise Cove
  • Community Features: Association Recreation - Owned, Buyer Approval Required, Community Boat Ramp, Deed Restrictions, Fishing, Fitness, No Truck/RV/Motorcycle Parking, Pool, Sidewalk, Tennis Courts, Water Access, Waterfront
  • Building Name Number: 8897
  • Condo Fees: 626
  • Condo Fees Term: Monthly
  • Condo Land Included: Yes
  • Monthly Condo Fee Amount: 626
  • Association Amenities: Boat Slip, Cable, Clubhouse, Dock, Elevators, Fitness Center, Laundry, Maintenance, Pool, Storage, Tennis Court(s)
  • Association Approval Required: Yes
  • Association Fee Frequency: Monthly
  • Association Name: Patricia Wasil
  • Phone: 941-349-4955
  • Association: Yes
  • Security: Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
  • Association Email: Office@sunrisecove-siestakey.com
  • Association Website: http://sunrisecove-siestakey.com

Fee Information

  • Amenities Additional Fees: Boat slips available on first come first serve basis for yearly rental at very reasonable rates.
  • Waterfront Frontage: 657
  • Total Annual Fees: 7512.00
  • Total Monthly Fees: 626.00

Schools

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

Lot Info

  • Total Acreage: 1 to less than 2
  • Zoning: RMF3
  • Parcel Number: 0129161019
  • Lot Features: FloodZone, In County, Near Marina, Near Public Transit, Sidewalk, Street Paved, Street Private
  • Lot Size Square Meters: 4720

Rental Info

  • Minimum Lease: 1 Month
  • Additional Lease Restrictions: See Condo docs.
  • Lease Restrictions: Yes

Multi Family

  • Approval Process: Fee and approval required.
  • Waterfront Features: Bay/Harbor

Tax Info

  • Tax Annual Amount: 4125.00
  • Tax Book Number: 992-1516
  • Tax Lot: 302

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2020
Closed on
Dec 31, 2020
Sold by
Mcgovern John R and Mcgovern Diane P
Bought by
Dienst Edward J and Dienst Margaret E
Seller's Agent
Josie Cline
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Sandee Teresa
COMPASS FLORIDA LLC
List Price
$495,000
Sold Price
$470,000
Premium/Discount to List
-$25,000
-5.05%
Current Estimated Value
$564,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,800
Avg. Annual Appreciation
3.78%
Original Mortgage
$329,000
Outstanding Balance
$291,556
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$273,244

Purchase Details

Closed on
Oct 16, 2015
Sold by
Gareleck Steven and Reynolds Remington
Bought by
Mcgovern John R and Mcgovern Diane P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 28, 2005
Sold by
Davee C Robert
Bought by
Gareleck Steven and Reynolds Remington

Purchase Details

Closed on
Nov 26, 2001
Sold by
Spivey Barry F and Lee Gladys P
Bought by
Davee C Robert

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
6.6%

Purchase Details

Closed on
Dec 13, 1993
Sold by
Crispell Vivian L
Bought by
Lee Carl W and Lee Gladys P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dienst Edward J $470,000 Florida Ttl & Guarantee Agcy
Mcgovern John R $450,000 Attorney
Gareleck Steven $480,000 --
Davee C Robert $250,000 --
Lee Carl W $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dienst Edward J $329,000
Previous Owner Mcgovern John R $337,500
Previous Owner Davee C Robert $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2020 12/31/20 Sold $470,000 -5.1% $430 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $495,000 0.0% $453 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
09/14/2020 09/14/20 Price Changed $495,000 -0.4% $453 / Sq Ft
09/14/2020 09/14/20 Price Changed $497,000 -0.6% $455 / Sq Ft
08/15/2020 08/15/20 For Sale $500,000 -- $457 / 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 $4,532 $396,919 -- --
2024 $4,372 $385,733 -- --
2023 $4,372 $374,498 $0 $0
2022 $4,249 $363,590 $0 $0
2021 $4,252 $353,000 $0 $353,000
2020 $4,267 $348,174 $0 $0
2019 $4,125 $340,346 $0 $0
2018 $4,033 $334,000 $0 $334,000
2017 $4,610 $374,100 $0 $374,100
2016 $5,290 $419,300 $0 $419,300
2015 $4,119 $285,400 $0 $285,400
2014 $4,138 $266,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4474825

Stellar MLS

APN: 0129-16-1019