NOT LISTED FOR SALE

Sunrise Cove 8897 Midnight Pass Rd Unit 503 Sarasota, FL 34242

Estimated Value: $382,000 - $429,000

1 Bed
1 Bath
846 Sq Ft
$824/mo HOA Fee

Last Sold October 27, 2022

Last sale price $400,000 $473 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,324/month

108 Days on Market

Highlights

  • 200 Feet of Waterfront
  • White Water Ocean Views
  • Access To Intracoastal Waterway
  • Phillippi Shores Elementary School Rated A
  • Boat Dock
  • Fitness Center

About This Home

As of October 2022

Spectacular view of the bay and the Gulf of Mexico. Penthouse at Sunrise Cove Yacht & Racquet Club. Updated Furniture will be included. Artwork and Accessories will not remain. Enjoy the amenities at Sunrise Cove to include: two pools, lighted tennis courts, pickleball courts, exercise room, billiards, game room, picnic area, kayak racks, grills, bike storage and on-site rental management office. Boat docks. One month rentals allowed. Close to three of Siesta Key's favorite restaurants, or ride the trolley to Siesta Key Village for dining and shopping. Minutes away from downtown Sarasota and all of the cultural activities it has to offer.

Last Agent to Sell the Property

Marlene Marshall

MICHAEL SAUNDERS & COMPANY License #3113521 Listed on: 06/27/2022

MICHAEL SAUNDERS & COMPANY

Co-Listed By

George Marshall

MICHAEL SAUNDERS & COMPANY License #3033598

Last Buyer's Agent

Cesar Alvarenga

RE/MAX PALM License #692833

RE/MAX PALM

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,335

Year Built

  • Built in 1973

Lot Details

  • Property fronts a private road
  • West Facing Home
  • Mature Landscaping
  • Irrigation

HOA Fees

  • $824 Monthly HOA Fees

Property Views

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • 846 Sq Ft Home
  • Open Floorplan
  • Furnished
  • High Ceiling
  • Shades
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Laundry in Hall

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

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

Outdoor Features

  • Outdoor Shower
  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Enclosed Patio or Porch
  • Outdoor Storage
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • 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, internet, ground maintenance, manager, pest control, pool maintenance, recreational facilities, trash, water
  • Castle Association, Phone Number (941) 349-4955
  • Sunrise Cove Community
  • Sunrise Cove Sec 1 Subdivision
  • Rental Restrictions
  • 5-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Boat Dock
  • Community Boat Slip
  • Recreation Facilities
  • Fishing

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,335

Year Built

Built in 1973

Lot Details

0

HOA Fees

$824 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Internet, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 846
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 846
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4539657?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4539657?w=Customer
  • Floor Number: 5
  • Homestead Y N: No
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.96386
  • Price per Sq Ft: 472.81
  • Close to Original List Price Ratio: 0.88889
  • Ratio: Current Price\Building Area Total: 472.81
  • View: Yes
  • Co List Office Mls Id: 281502395
  • Co List Office Phone: 941-349-3444
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 1
  • Interior Amenities: Elevator, High Ceiling(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Thermostat, Window Treatments
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Spa Yn: No
  • Stories: 5
  • Window Features: Blinds, Shades, Window Treatments
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Other Structures: Storage, Tennis Court(s)
  • Exterior Features: Irrigation System, Outdoor Grill, Outdoor Shower, Sidewalk, Sliding Doors, Tennis Court(s)
  • Roof: Other
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Water
  • Water Body Name: Bay, Gulf, Intracoastal Waters
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed
  • Road Surface Type: Asphalt
  • Water View: Bay/Harbor - Full, Gulf/Ocean - Full, Intracoastal Waterway
  • Water Access: Bay/Harbor, Intracoastal Waterway
  • Water Extras: Dock w/Electric
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 200
  • Water Frontage Feet Bay Harbor: 200
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Ground Level, Guest, Open
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Public, Sewer Connected, Street Lights, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Corridor Access
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fishing, Fitness, Pool, Sidewalk, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Boat Slip, Cable TV, Boat Dock, Elevator(s), Fitness Center, Laundry, Pickleball Court(s), Pool, Recreation Facilities, Tennis Court(s)
  • Association Name: Castle
  • Phone: 941-349-4955
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 824
  • Management: Full Time
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 824
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 9888
  • Total Monthly Fees: 824

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0129161036
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Near Public Transit, Sidewalk
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: Please see Association Documents for Restrictions/Guidelines
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please see Association Documents for Restrictions/Guidelines

Tax Info

  • Tax Annual Amount: 3335.25
  • Tax Book Number: 992-1516
  • Tax Lot: 503

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Oct 26, 2022
Sold by
Patricia L Johnson Declaration Of Trust
Bought by
Little Steven L and Little Patricia D
Seller's Agent
Marlene Marshall
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Cesar Alvarenga
RE/MAX PALM
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Views
50
Current Estimated Value
$404,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,159
Avg. Annual Appreciation
0.33%

Purchase Details

Closed on
Dec 30, 2015
Sold by
Smith Taggart E
Bought by
Johnson Patricia L

Purchase Details

Closed on
Jan 9, 2015
Sold by
Smith Taggart E
Bought by
Smith Taggart E

Purchase Details

Closed on
Jun 17, 2008
Sold by
Koeppen Julie L
Bought by
Smith Taggart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2004
Sold by
Billinger Laverne J and Billinger Carolyn
Bought by
Yaccarino Frank and Yaccarino Christa

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
5.55%
Mortgage Type
Balloon
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
Little Steven L $400,000 Clear Title Group
Johnson Patricia L $290,000 Attorney
Smith Taggart E -- Attorney
Smith Taggart $260,000 Attorney
Yaccarino Frank $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Taggart $195,000
Previous Owner Yaccarino Frank $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2022 10/27/22 Sold $400,000 -3.6% $473 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
07/26/2022 07/26/22 Price Changed $415,000 -7.8% $491 / Sq Ft
06/27/2022 06/27/22 For Sale $450,000 -- $532 / 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 $4,571 $338,900 -- $338,900
2024 $4,385 $358,700 -- $358,700
2023 $4,385 $344,400 $0 $344,400
2022 $3,839 $317,300 $0 $317,300
2021 $3,335 $244,100 $0 $244,100
2020 $3,167 $226,400 $0 $226,400
2019 $3,417 $249,700 $0 $249,700
2018 $3,575 $266,600 $0 $266,600
2017 $3,284 $236,100 $0 $236,100
2016 $3,126 $218,500 $0 $218,500
2015 $2,284 $193,200 $0 $193,200
2014 $2,274 $180,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marlene Marshall

    Seller's Agent in 2022

    Marlene Marshall

    Michael Saunders

    (941) 539-8850

    37 in this area

    44 Total Sales

    Marlene Marshall
    Section Image

  • G

    Seller Co-Listing Agent in 2022

    George Marshall

    Michael Saunders

    (941) 961-3221

    28 in this area

    29 Total Sales

    George Marshall
    Section Image
  • Cesar Alvarenga

    Buyer's Agent in 2022

    Cesar Alvarenga

    RE/MAX PALM

    (941) 232-0395

    3 in this area

    71 Total Sales

    Cesar Alvarenga
    Section Image
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About Sunrise Cove

Map

Source: Stellar MLS

MLS Number: A4539657

Stellar MLS

APN: 0129-16-1036

Florida Sarasota County Sarasota 34242

8897 Midnight Pass Rd Unit 503, Sarasota, FL

Not Listed for Sale

Condos

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