NOT LISTED FOR SALE

9026 Midnight Pass Rd Sarasota, FL 34242

Estimated Value: $457,777 - $797,000

2 Beds
2.5 Baths
1,280 Sq Ft
$650/mo HOA Fee

Last Sold November 02, 2012

Last sale price $282,500 $221 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $4,491/month

216 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Indoor Pool
  • Balcony
  • Phillippi Shores Elementary School Rated A
  • Furnished
  • Ceramic Tile Flooring

About This Home

As of November 2012

Large 2 bedroom, 2 bath condo at popular Turtle beach on Siesta Key. Nice intercoastal waterviews from both balconies with a glimpse of the beach from the upper. Beautifully turnkey furnished with direct boat access, community pool, fireplace, full laundry and covered parking. Cozy Cove is a minute's walk from Ophelia's and Turtles bayfront restaurants, the Turtle beach community park and of course...The Beach!! Inventory on Siesta Key has been steadily dwindling so hurry and make this your affordable second home or holiday rental. This is now a weekly rental condo and gross income is expected to surpass $25k.

Last Agent to Sell the Property

Steven Whitmore

SIESTA BEACH REALTY LLC License #3483428 Listed on: 03/19/2012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,720

Year Built

  • Built in 1978

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

Property Views

  • Intracoastal
  • Partial Bay or Harbor

Home Design

  • Stem Wall Foundation
  • Shingle Roof
  • Block Exterior
  • Pile Dwellings

Interior Spaces

  • 1,280 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Wood Burning Fireplace
  • Blinds

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Indoor Pool
  • Spa

Outdoor Features

  • Access To Intracoastal Waterway
  • First Come-First Served Dock
  • Balcony
  • Outdoor Grill

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance, sewer, trash, water
  • 4 Units
  • Cozy Cove Community
  • Cozy Cove Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,720

Year Built

Built in 1978

Lot Details

0

HOA Fees

$650 per month

Listing Details

  • HOA Fee Includes: Pool, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Other
  • Fireplace: Yes
  • Living Area: 1280
  • New Construction: No
  • Year Built: 1978
  • Building Area Total: 1430
  • Directions to Property: south on midnight pass towards turtle beach. Property on the right
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Floor Number: 1
  • List Office Head Office Key Nume: 1047128
  • RATIO Current Price By Calculate: 220.70
  • Total Acreage: Non-Applicable
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • MFR_DockDescription: Dock - Slip 1st Come
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Washer
  • Foundation Details: Stem Wall, Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: Two
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 9026
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 118.92
  • Room Count: 4

Exterior Features

  • Pool Features: Indoor
  • Exterior Features: Balcony, Outdoor Grill
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Water Access: Intracoastal Waterway
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Partial,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Parking Features: Assigned, Underground

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 1
  • Association: No
  • Security: Smoke Detector(s)
  • Association Fee Requirement: None
  • Building Name Number: COZY COVE
  • Condo Fees: 650

Fee Information

  • Total Annual Fees: 7801.00
  • Total Monthly Fees: 650.08

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0129173002
  • Additional Parcels: No
  • Lot Features: Level
  • Homestead YN: 0
  • Zoning Compatible YN: 1
  • Future Land Use: 0403

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Expected Lease Date: 2012-11-02T00:00:00.000

Multi Family

  • Number Of Units Total: 4
  • Waterfront Features: Intracoastal Waterway

Tax Info

  • Tax Annual Amount: 3720
  • Tax Book Number: 0012/0036
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2012
Closed on
Nov 1, 2012
Sold by
Mcelwain Brothers Lp
Bought by
Nikolov Nikolay and Gibinska Penka
Seller's Agent
Steven Whitmore
SIESTA BEACH REALTY LLC
List Price
$282,500
Sold Price
$282,500
Current Estimated Value
$637,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,144
Avg. Annual Appreciation
6.40%

Purchase Details

Closed on
Sep 24, 2009
Sold by
House Mart Llc
Bought by
Mcelwain Brothers Lp

Purchase Details

Closed on
Jun 24, 2004
Sold by
Chelsea Q Properties Llc
Bought by
Mckenna Brian and Mckenna Contessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,700
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2003
Sold by
Kirby Stephen J and Kirby Kathy
Bought by
Craft John and Lyons Lenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,600
Interest Rate
5.98%

Purchase Details

Closed on
Oct 2, 2002
Sold by
Galstian Sirvard
Bought by
Kirby Stephen J and Kirby Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.27%
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
Nikolov Nikolay $282,500 Sunbelt Title Agency
Mcelwain Brothers Lp $267,000 Stewart Title Company
House Mart Llc $230,000 Stewart Title Company
Mckenna Brian $375,000 --
Craft John $302,000 --
Kirby Stephen J $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckenna Brian $420,000
Previous Owner Mckenna Brian $243,700
Previous Owner Craft John $241,600
Previous Owner Kirby Stephen J $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2012 11/02/12 Sold $282,500 0.0% $221 / Sq Ft
10/22/2012 10/22/12 Pending -- -- --
03/19/2012 03/19/12 For Sale $282,500 -- $221 / 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 $4,199 $334,081 -- --
2023 $4,199 $334,600 $0 $334,600
2022 $3,892 $309,300 $0 $309,300
2021 $3,488 $251,000 $0 $251,000
2020 $3,414 $240,700 $0 $240,700
2019 $3,457 $247,500 $0 $247,500
2018 $3,231 $234,200 $0 $234,200
2017 $2,963 $205,500 $0 $205,500
2016 $3,418 $235,400 $0 $235,400
2015 $3,251 $216,600 $0 $216,600
2014 $3,572 $217,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3957685

Stellar MLS

APN: 0129-17-3002