$595,000

8977 Midnight Pass Rd Unit 519 Sarasota, FL 34242

Siesta Key Neighborhood

Estimated payment $4,937/month

Total Views 937
2 Beds
2 Baths
1,190 Sq Ft
$500 Price per Sq Ft

Highlights

  • 1,836 Feet of Waterfront
  • White Water Ocean Views
  • Fitness Center
  • Phillippi Shores Elementary School Rated A
  • Access To Intracoastal Waterway
  • Penthouse

About This Home

Rare Penthouse Opportunity with BREATHTAKING Gulf & Bay Views on Siesta Key! Experience the pinnacle of coastal living with this exceptional 2-bedroom, 2-bathroom PENTHOUSE condo, the only one of its kind currently available in the entire complex. Offering unparalleled panoramic views, this is your chance to enjoy mesmerizing sunrises AND sunsets every day. This spacious 1,190 sq. ft. updated unit comes TURNKEY-FURNISHED and features elegant travertine tile floors with a soundproofing barrier underlay. The fully open kitchen is designed with granite countertops, wood cabinetry, and stainless-steel appliances. The bathrooms have also been updated with modern finishes. Additional details such as crown molding and recessed lighting add a refined touch. The private enclosed balcony stretches along the condo’s edge, expanding the living space and offering STUNNING WATER VIEWS. The community boasts RESORT-STYLE AMENITIES, including two heated pools, tennis and pickleball courts, and a completely renovated clubhouse with a brand-new fitness center, billiards and ping pong room, and kitchen. For water enthusiasts, there is kayak and paddleboard storage with a dedicated launch area. Dock slips are available for annual rental, accommodating boats up to 40 feet. Located just across the street from Turtle Beach, this penthouse unit offers instant access to the Gulf. A boat launch is directly across the street as well, providing effortless access to the water. Midnight Pass is only a half-mile paddleboard, kayak, or boat ride away, offering a serene and picturesque setting. Enjoy the convenience of being within walking distance of two incredible waterfront dining options: Turtles Restaurant and Ophelia’s on the Bay. Plus, the more casual Turtle Beach Grill is right next door as well. Siesta Village is just five miles away, and a free shuttle to the village is available right across the street. Don’t miss this rare opportunity to own a penthouse retreat in one of Siesta Key’s most desirable locations. Call today to schedule your private tour.

Listing Agent

Adam Waxler

UKEEPCOMMISSION REAL ESTATE Brokerage Phone: 941-465-9206 License #3236326

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,765

Year Built

  • Built in 1974

Lot Details

  • 1,836 Feet of Waterfront
  • 918 Feet of Bay Harbor Waterfront
  • 918 Feet of Intracoastal Waterfront
  • Property fronts an intracoastal waterway
  • West Facing Home
  • Landscaped

HOA Fees

  • $1,075 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Beach
  • Intracoastal

Home Design

  • Penthouse
  • Pillar, Post or Pier Foundation
  • Built-Up Roof
  • Concrete Roof
  • Concrete Siding

Interior Spaces

  • 1,190 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Tinted Windows
  • Living Room

Kitchen

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

Flooring

  • Laminate
  • Travertine

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Parking

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

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • No Fixed Bridges
  • Property is near a marina
  • Seawall

Location

  • Property is near public transit

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, internet, maintenance structure, ground maintenance, management, recreational facilities, sewer, trash, water
  • Sunrise Cove Condominium Assoc Association, Phone Number (941) 349-4955
  • Visit Association Website
  • Sunrise Cove Community
  • Sunrise Cove Sec 3 Subdivision
  • On-Site Maintenance
  • 5-Story Property

Amenities

  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,765

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,075 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Internet, Maintenance Structure, Maintenance Grounds, Management, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1190
  • Lot Size Acres: 1.23
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1190
  • Lot Size Sq Ft: 53397
  • Directions to Property: Go south on Midnight Pass Rd to Sunrise Cove
  • Status: Active
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 5
  • List Office Head Office Key Nume: 1044413
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 500.00
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Property Description: Penthouse
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Bay/Harbor Front,Boat Slip,Community Boat Ramp,Dock,Intracoastal Waterway,Public Boat Ramp,Water Access,Waterfront
  • Attribution Contact: 941-465-9206
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Travertine
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Open Floorplan, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Pillar/Post/Pier
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 5
  • Window Features: Storm Window(s), Tinted Windows
  • Street Number Modifier: 8977
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 110.55
  • Room Count: 4

Exterior Features

  • Direction Faces: West
  • Exterior Features: Other
  • Roof: Built-Up, Concrete
  • Pool Private: No
  • View: Water
  • Water Body Name: LITTLE SARASOTA BAY/ICW
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: Bay/Harbor,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Sailboat Water,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full,Beach,Gulf/Ocean - Full,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 1836
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0209G
  • Water Frontage Feet Bay Harbor: 918
  • Water Frontage Feet ICW: 918

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Same Floor As Condo Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Fitness Center, Pool, Tennis Court(s)
  • Association Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Laundry, Maintenance, Pickleball Court(s), Pool, Recreation Facilities
  • Association Name: Sunrise Cove Condominium Assoc
  • Phone: 941-349-4955
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Building Name Number: NA
  • Condo Fees: 1075
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: office@sunrisecove-siestakey.com
  • Monthly Condo Fee Amount: 1075
  • Association URL: www.sunrisecove-siestakey.com

Fee Information

  • Total Annual Fees: 12900.00
  • Total Monthly Fees: 1075.00

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0129163035
  • Additional Parcels: No
  • Lot Features: Landscaped, Near Marina, Near Public Transit
  • Flood Zone Code: X500
  • Homestead YN: 0
  • Lot Size Square Meters: 4961

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: see docs

Tax Info

  • Tax Annual Amount: 6765
  • Tax Book Number: 1041-1
  • Tax Lot: NA

Multi Family

  • Waterfront Features: Bay/Harbor, Intracoastal Waterway
  • Approval Process: application and fee

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,524 $542,900 -- $542,900
2023 $6,524 $523,200 $0 $523,200
2022 $6,046 $480,100 $0 $480,100
2021 $4,284 $319,300 $0 $319,300
2020 $4,059 $295,400 $0 $295,400
2019 $4,380 $324,700 $0 $324,700
2018 $4,194 $310,900 $0 $310,900
2017 $4,607 $338,000 $0 $338,000
2016 $4,634 $336,800 $0 $336,800
2015 $4,284 $297,700 $0 $297,700
2014 $4,304 $278,300 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 For Sale $595,000 0.0% $500 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
04/06/2025 04/06/25 For Sale $595,000 +11.2% $500 / Sq Ft
06/03/2021 06/03/21 Sold $535,000 -2.6% $450 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $549,000 -- $461 / Sq Ft
Source: Stellar MLS

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed $535,000 Mti Title Insurance Agcy Inc
Warranty Deed -- Attorney
Warranty Deed $475,000 Desjarlais Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $374,500 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $437,000 Fannie Mae Freddie Mac
Previous Owner $427,000 Purchase Money Mortgage
Source: Public Records

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Source: Stellar MLS

MLS Number: A4647768

Stellar MLS

APN: 0129-16-3035