NOT LISTED FOR SALE

9022 Midnight Pass Rd Unit 224 Sarasota, FL 34242

Estimated Value: $534,605 - $590,000

2 Beds
2 Baths
864 Sq Ft
$933/mo HOA Fee

Last Sold January 03, 2024

Last sale price $620,000 $718 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $4,480/month

144 Days on Market

Highlights

  • 100 Feet of Lagoon Waterfront
  • Access To Lagoon or Estuary
  • Fishing
  • Phillippi Shores Elementary School Rated A
  • Indoor Pool
  • Balcony

About This Home

As of January 2024

Escape to your own slice of Paradise with this enchanting 2-bedroom, 2-bath Waterfront Condo, nestled on the serene and secluded south end of Siesta Key. Offering a captivating cottage-style ambiance, a private boatslip, and the opportunity for short-term rentals, this property is a hidden gem for both personal retreats and investment ventures.
Per the board vice president of the HOA, the board unanimously agreed to the change for the rental minimum from 30 days to a 7 days.

Last Agent to Sell the Property

Allan Nemore

KELLER WILLIAMS ON THE WATER S Brokerage Phone: 941-803-7522 License #3392953 Listed on: 06/20/2023

KELLER WILLIAMS ON THE WATER S

Co-Listed By

Michelle Shiver

KELLER WILLIAMS ON THE WATER S Brokerage Phone: 941-803-7522 License #3018043

Last Buyer's Agent

Sarah Peterson

H. PATEL REAL ESTATE LLC License #3532122

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,065

Year Built

  • Built in 1981

Lot Details

  • 100 Feet of Lagoon Waterfront
  • Property fronts a saltwater canal
  • West Facing Home

HOA Fees

  • $933 Monthly HOA Fees

Property Views

  • Lagoon
  • Canal

Home Design

  • Turnkey
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 864 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Storage Room
  • Vinyl Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Indoor Pool
  • Access To Lagoon or Estuary
  • No Fixed Bridges
  • First Come-First Served Dock
  • Dock has access to water
  • Balcony
  • Outdoor Grill

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance
  • Billy Olivieri Association, Phone Number (941) 809-2657
  • Coral Shores Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool
  • Fishing

Pet Policy

  • Pets up to 35 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,065

Year Built

Built in 1981

Lot Details

0

HOA Fees

$933 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 864
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 1016
  • Directions to Property: Midnight Pass Rd. South of Stickney Point, just south of Tutle Beach on the Right side of the road. 9022 Midnight Pass Rd. CORAL SHORES Sign.
  • Status: Sold
  • Co List Office Mls Id: MFR281521326
  • Co List Office Phone: 941-803-7522
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 1044707
  • Minimum Lease: 1 Week
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 717.59
  • Unit Number YN: 0
  • Water Access YN: 1
  • Attribution Contact: 941-803-7522
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 9022
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Storage Rooms
  • Living Area Meters: 80.27
  • Room Count: 3

Exterior Features

  • Direction Faces: West
  • Pool Features: Indoor
  • Exterior Features: Balcony, Outdoor Grill
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Lagoon
  • Water Extras: Bridges - No Fixed Bridges,Dock - Slip 1st Come,Dock w/Water Supply
  • Water Extras YN: 1
  • Water View: Canal,Lagoon
  • Water View YN: 1
  • Waterfront Feet Total: 100
  • Water Frontage Feet Lagoon: 100

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Phone Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Pool, Water Access, Waterfront
  • Association Fee: 2800
  • Association Fee Frequency: Quarterly
  • Association Name: Billy Olivieri
  • Phone: 941-809-2657
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: One pet
  • Association Fee Requirement: Required
  • Building Name Number: 4
  • Condo Land Included YN: 0
  • Max Pet Weight: 35
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: billy@applyphoenix.com
  • Pet Size: Small (16-35 Lbs.)
  • Development: Not Assigned

Fee Information

  • Total Annual Fees: 11200.00
  • Total Monthly Fees: 933.33
  • Monthly HOA Amount: 933.33

Schools

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

Lot Info

  • Parcel Number: 0129174004
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: See letter from HOA representative Billy Olivieri attached to paperclip. His contact information is in listing as well if you have any questions regarding HOA

Tax Info

  • Tax Annual Amount: 5065.22
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Canal - Saltwater, Lagoon
  • Approval Process: Approval not needed per owner.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2023
Closed on
Jan 3, 2024
Sold by
Brown Michael J and Brown Sheila A
Bought by
Kiem Lenna Thi and Bui Alexis
Seller's Agent
Allan Nemore
KELLER WILLIAMS ON THE WATER S
Buyer's Agent
Sarah Peterson
H. PATEL REAL ESTATE LLC
List Price
$625,000
Sold Price
$620,000
Premium/Discount to List
-$5,000
-0.8%
Views
216
Current Estimated Value
$560,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,349
Avg. Annual Appreciation
-2.57%
Original Mortgage
$496,000
Outstanding Balance
$489,991
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$104,665

Purchase Details

Listed on
Dec 6, 2020
Closed on
Mar 19, 2021
Sold by
Dumbaugh John D and Dumbaugh John D
Bought by
Brown Michael J and Brown Sheila
Seller's Agent
Barbara Dumbaugh
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Allan Nemore
KELLER WILLIAMS ON THE WATER S
List Price
$420,000
Sold Price
$400,000
Premium/Discount to List
-$20,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.08%

Purchase Details

Closed on
Mar 24, 2000
Sold by
Miller Mary J
Bought by
Adams David D and Mcenery Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
8.37%

Purchase Details

Closed on
Oct 15, 1993
Sold by
Miller James D and Miller Mary J
Bought by
Miller Mary J
Source: Public Records

Range of Values:

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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
Kiem Lenna Thi $620,000 None Listed On Document
Brown Michael J $400,000 Attorney
Adams David D $165,000 --
Miller Mary J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kiem Lenna Thi $496,000
Previous Owner Adams David D $118,597
Previous Owner Adams David D $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2024 01/03/24 Sold $620,000 -0.8% $718 / Sq Ft
11/12/2023 11/12/23 Pending -- -- --
07/02/2023 07/02/23 For Sale $625,000 0.0% $723 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $625,000 +56.3% $723 / Sq Ft
03/26/2021 03/26/21 Sold $400,000 -4.8% $463 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
12/06/2020 12/06/20 For Sale $420,000 -- $486 / 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 $5,731 $485,936 -- --
2023 $5,731 $481,800 $0 $481,800
2022 $5,065 $401,600 $0 $401,600
2021 $3,956 $298,400 $0 $298,400
2020 $4,011 $309,400 $0 $309,400
2019 $3,859 $313,800 $0 $313,800
2018 $3,688 $309,300 $0 $309,300
2017 $3,379 $211,750 $0 $0
2016 $2,740 $192,800 $0 $192,800
2015 $2,573 $175,000 $0 $175,000
2014 $3,265 $205,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4573942

Stellar MLS

APN: 0129-17-4004