NOT LISTED FOR SALE

Sunrise Cove 8911 Midnight Pass Rd Unit 112 Sarasota, FL 34242

Estimated Value: $414,000 - $457,000

1 Bed
1 Bath
783 Sq Ft
1.47 Acres

Last Sold February 23, 2021

Last sale price $317,500 $405 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,724/month

73 Days on Market

Highlights

  • Boat Dock
  • Property fronts an intracoastal waterway
  • Fitness Center
  • Phillippi Shores Elementary School Rated A
  • Water Access
  • Heated In Ground Pool

About This Home

As of February 2021

AFFORDABLE WATERFRONT. Amazing water views! DELIGHTFUL. CLEAN. VIEWS. Move right into this tastefully remodeled ground-floor one-bedroom turn-key furnished condo. MODERN kitchen with separate workspace. Granite countertops. Stainless appliances. Entry with built-in bench. Updated bath. Plantation shutters. Hurricane sliders & windows. Newer A/C. Enjoy watching the sunrise overlooking the sparkling waters of LITTLE SARASOTA BAY from the luxury of your own bed.
ISLAND LIFESTYLE! Whether you want to stay active or relax, you have it all. Tennis courts. 2-heated pools. Boat docks w/deep water access. Fitness center. Kayak/canoe racks. INVESTOR'S DREAM. Monthly rentals with on-site management to assist. Across the street from Turtle Beach. Simply relax and watch the dolphins play, the birds soar and the fish jump from the comfort of your home. Quick access to the pool and docks right from your lanai. No closed-in elevators or indoor corridors to maneuver. Benefits of the ground floor!
SUNRISE COVE is conveniently located on the southern end of the 8-mile island of Siesta Key. Fine and casual dining are available less than a 1/4 mile away. A full-service marina is close by. Free trolley on Siesta Key: shopping, coffee shops, night life, entertainment, dining, public transportation and the number 1 Beach! Amazing value!

Last Agent to Sell the Property

Cynthia Galik

COLDWELL BANKER SARASOTA CENT. License #3467968 Listed on: 11/02/2020

COLDWELL BANKER SARASOTA CENT.

Last Buyer's Agent

John Rawlings

RE/MAX PALM REALTY OF VENICE License #3323473

RE/MAX PALM REALTY OF VENICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,610

Year Built

  • Built in 1973

Lot Details

  • East Facing Home
  • Mature Landscaping
  • Landscaped with Trees

Home Design

  • Turnkey
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 783 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Pool Deck
  • Child Gate Fence
  • Auto Pool Cleaner

Outdoor Features

  • Water Access
  • Enclosed patio or porch
  • Exterior Lighting
  • Outdoor Storage

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 112
  • Assessor Parcel Number 0129162005

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, maintenance exterior, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, recreational facilities, sewer, trash, water
  • Patti Wasil Association
  • Sunrise Cove Community
  • Sunrise Cove Sec 2 Subdivision
  • On-Site Maintenance
  • Association Approval Required
  • The community has rules related to deed restrictions
  • 5-Story Property

Amenities

  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Boat Slip
  • Fishing

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,610

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, Maintenance Exterior, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Description: Mid Rise
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip 1st Come, Dock w/Electric, Dock w/Water Supply, Fishing Pier, Seawall - Concrete
  • Water View: Yes
  • Construction Materials: Block, Stucco
  • Living Area: 783.00
  • Lot Size Acres: 1.47
  • Year Built: 1973
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4482437?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4482437?w=Customer
  • Lot Size Sq Ft: 64221
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4482437?w=PubMLS
  • Directions to Property: Sunrise Cove is located at the southern tip of Siesta Key. From I-75 exit Clark Rd. (Exit 205) head west. (Clark Rd turns into Stickney Point Road.) Cross over Rte 41 (Tamiami Trail) over the Stickney Point bridge. At the light, turn left (south) onto Midnight Pass Road and follow for approximately 2.8 miles opposite Turtle Beach on the Bay side. 8911 is the 2nd building from the left looking from the parking area.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1048293
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 5
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Floor Number: 1
  • Levels: One
  • Stories: 5
  • Living Area Meters: 72.74
  • Street Number Modifier: 8911

Exterior Features

  • Direction Faces: East
  • Other Structures: Storage, Tennis Court(s)
  • Additional Water Information: Turtle Beach (public beach) access across the street.
  • Water Extras: Yes
  • Waterfront Feet Bay Harbor: 775
  • Waterfront Feet ICW: 500
  • Water Access: Bay/Harbor, Intracoastal Waterway
  • Pool Features: Auto Cleaner, Child Safety Fence, Deck, Heated, In Ground
  • Exterior Features: Lighting, Sidewalk, Tennis Court(s)
  • Roof: Membrane
  • Water View: Bay/Harbor - Full, Intracoastal Waterway
  • Flood Zone Code: AE
  • Flood Zone Date: 11/04/2016
  • Flood Zone Panel: 12115C0209F
  • Water Access: Yes
  • View: Water
  • Water Body Name: LITTLE SARASOTA BAY, ICW
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Rear Porch, Screened
  • Road Surface Type: Asphalt

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Sunrise Cove
  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Fitness, Pool, Sidewalk, Tennis Courts, Water Access, Waterfront
  • Building Name Number: SECTION 2
  • 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 Fee Requirement: Required
  • Association Name: Patti Wasil
  • Phone: 941-349-495
  • Association: Yes
  • Association Email: office@sunrisecove-siestakey.com
  • Association Website: https://www.sunrisecove-siestakey.com/
  • Complex Community Name Nccb: SUNRISE COVE

Fee Information

  • Waterfront Frontage: 1275
  • Total Annual Fees: 7512.00
  • Total Monthly Fees: 626.00

Schools

  • Elementary School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • 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: 0129162005
  • Lot Features: FloodZone
  • Lot Size Square Meters: 5966

Rental Info

  • Minimum Lease: 1 Month
  • Additional Lease Restrictions: See condo doc's
  • Furnished: Turnkey
  • Lease Restrictions: Yes

Multi Family

  • Approval Process: See condo doc's
  • Waterfront Features: Bay/Harbor, Intracoastal Waterway

Tax Info

  • Tax Annual Amount: 3609.83
  • Tax Book Number: 996-409
  • Tax Lot: 112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2020
Closed on
Feb 23, 2021
Sold by
Smith Wallace G and The Smith Family Trust
Bought by
Nielsen Daniel J and Nielsen Michelle A
Seller's Agent
Cynthia Galik
COLDWELL BANKER SARASOTA CENT.
Buyer's Agent
John Rawlings
RE/MAX PALM REALTY OF VENICE
List Price
$324,900
Sold Price
$317,500
Premium/Discount to List
-$7,400
-2.28%
Current Estimated Value
$427,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,520
Avg. Annual Appreciation
6.97%
Original Mortgage
$254,000
Outstanding Balance
$230,265
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$198,875

Purchase Details

Listed on
Feb 13, 2019
Closed on
Apr 17, 2019
Sold by
Young Margaret M and Young David J
Bought by
Smith Wallace G and Smith Pamela W
Seller's Agent
Linda Stowe
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Christine Green
COLDWELL BANKER REALTY
List Price
$339,500
Sold Price
$320,000
Premium/Discount to List
-$19,500
-5.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.42%

Purchase Details

Closed on
May 27, 2015
Sold by
Young David J and Young Margaret M
Bought by
Margaret A Young Revocable Trust and Young Margaret M

Purchase Details

Listed on
Jan 7, 2014
Closed on
Mar 18, 2014
Sold by
Federal National Mortgage Association
Bought by
Young David J and Young Margaret M
Seller's Agent
Kristine Niehaus
COLDWELL BANKER REALTY
Buyer's Agent
Linda Stowe
MICHAEL SAUNDERS & COMPANY
List Price
$214,500
Sold Price
$222,500
Premium/Discount to List
$8,000
3.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%

Purchase Details

Listed on
Jan 7, 2014
Closed on
Jan 28, 2014
Sold by
Williams David P and Cameron Christopher
Bought by
Federal National Mortgage Association
Seller's Agent
Kristine Niehaus
COLDWELL BANKER REALTY
Buyer's Agent
Linda Stowe
MICHAEL SAUNDERS & COMPANY
List Price
$214,500
Sold Price
$222,500
Premium/Discount to List
$8,000
3.73%

Purchase Details

Closed on
Nov 8, 2005
Sold by
Howell Nancy and Williams Nancy A
Bought by
Williams David 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
6.29%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Nielsen Daniel J $317,500 Lyons Title & Trust
Smith Wallace G $320,000 Attorney
Margaret A Young Revocable Trust -- Attorney
Young David J $222,500 Buyers Title Inc
Federal National Mortgage Association -- None Available
Williams David P $285,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nielsen Daniel J $254,000
Previous Owner Williams David P $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2021 02/23/21 Sold $317,500 +0.8% $405 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
12/13/2020 12/13/20 Price Changed $314,900 -3.1% $402 / Sq Ft
11/20/2020 11/20/20 For Sale $324,900 +2.3% $415 / Sq Ft
11/04/2020 11/04/20 Off Market $317,500 -- --
11/02/2020 11/02/20 For Sale $324,900 +1.5% $415 / Sq Ft
04/12/2019 04/12/19 Sold $320,000 -5.7% $409 / Sq Ft
03/16/2019 03/16/19 Pending -- -- --
02/13/2019 02/13/19 For Sale $339,500 +52.6% $434 / Sq Ft
03/28/2014 03/28/14 Sold $222,500 +3.7% $284 / Sq Ft
03/13/2014 03/13/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $214,500 -- $274 / 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 $4,633 $370,600 -- $370,600
2023 $4,633 $364,500 $0 $364,500
2022 $4,309 $334,200 $0 $334,200
2021 $3,525 $259,100 $0 $259,100
2020 $3,610 $261,300 $0 $261,300
2019 $3,777 $288,700 $0 $288,700
2018 $3,437 $260,900 $0 $260,900
2017 $3,276 $218,647 $0 $0
2016 $2,920 $204,400 $0 $204,400
2015 $2,708 $180,700 $0 $180,700
2014 $2,720 $169,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4482437

Stellar MLS

APN: 0129-16-2005