NOT LISTED FOR SALE

9200 Midnight Pass Rd Unit 25 Sarasota, FL 34242

Estimated Value: $384,000 - $427,000

1 Bed
1 Bath
906 Sq Ft
$576/mo HOA Fee

Last Sold August 08, 2023

Last sale price $440,000 $486 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,993/month

168 Days on Market

Highlights

  • 254 Feet of Salt Water Canal Waterfront
  • Boat Dock
  • Fishing
  • Phillippi Shores Elementary School Rated A
  • Heated Pool
  • Ocean To Bay Views

About This Home

As of August 2023

Under contract-accepting backup offers. BEST VIEWS IN THE WHOLE COMPLEX! Welcome to this Charming 1 Bedroom/1 Bathroom turn-key furnished unit on Siesta Key. The Inlet is a perfect location for a tropical vacation or a beach get-away. This waterfront Condo is immaculately kept, the grounds are well-maintained with tropical foliage, lush lawns and palm trees swaying in the breeze. New HVAC system installed in 2021 & Hot Water Heater in 2022. A convenient built-in queen-size Murphy bed for your guests. THE INLET is a quiet, condo complex on the peaceful south end of Siesta Key. This unit offers beautiful views of the Gulf waters and overlooks Blind Pass waterway. Watch boats idle by, as kayakers and paddle boarders casually float through the waterway. All this while you relax on your air-conditioned balcony overlooking the community's sparkling pool. You even have a day dock so bring your boat or rent one for the day! There are elevators and laundry facilities conveniently located on the second floor and assigned parking for each unit. Owners are just steps from the boat ramp and private boat docks available, which are distributed to residents on a first come-first serve basis. Mornings can be spent on the private balconies while residents are able to enjoy the sunshine and waterfront views. A storage closet will be located off the lanai for easy storage of all the owner’s beach items. A paver walkway leads to a large resort pool surrounded by lounge chairs. The docks in this community can accommodate sailboats and powerboats up to 26 feet. The canal leads into the Sarasota Bay and onto the Gulf of Mexico. There is fishing and kayak storage available near the community kayak launch site. For investors, the community allows the condos to be rented 12 times per year, at a 1-month minimum lease term. It is a short walk from the Inlet condos to the sands of Turtle Beach. The beach has a playground, canoe and kayak launch, picnic area, volleyball court and a nearby marina for rentals and storage. Multiple restaurants are a short walk away. If you want to experience the crystal quartz sands of Siesta Beach, just hop the free trolley and you are minutes away from America's Number 1 Beach and Siesta Key Village shops and restaurants. Downtown Sarasota is a great place for arts galleries, museums, theaters, parks and live performances and special events. Whether a winter retreat or investment property, it is time to purchase your piece of paradise in Siesta Key Florida. The Inlet condominium is a great choice.

Last Agent to Sell the Property

David Anthony

MICHAEL SAUNDERS & COMPANY License #3414607 Listed on: 01/05/2023

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Daniel Dabringhaus

SUNSET REALTY License #3128126

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,792

Year Built

  • Built in 1972

Lot Details

  • 254 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • East Facing Home
  • Mature Landscaping

HOA Fees

  • $576 Monthly HOA Fees

Property Views

  • Ocean To Bay
  • Partial Bay or Harbor
  • Canal
  • Pool

Home Design

  • Entry on the 2nd floor
  • Turnkey
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 906 Sq Ft Home
  • 3-Story Property
  • Shades
  • Entrance Foyer
  • Living Room
  • Sun or Florida Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry Located Outside

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Pool

  • Heated Pool
  • Outdoor Shower
  • Pool Lighting

Outdoor Features

  • Access to Saltwater Canal
  • First Come-First Served Dock
  • Seawall
  • Minimum Wake Zone
  • Dock made with wood
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, escrow reserves fund, maintenance structure, ground maintenance, maintenance, recreational facilities, sewer, trash, water
  • Argus Property Mgmt Association, Phone Number (941) 927-6464
  • Visit Association Website
  • Inlet Apts Community
  • The Inlet Apts Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities
  • Elevator

Recreation

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

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,792

Year Built

Built in 1972

Lot Details

0

HOA Fees

$576 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 906
  • New Construction: No
  • Year Built: 1972
  • Building Area Total: 906
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 84.17
  • Escrow State: FL
  • Floor Number: 2
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 485.65
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 1
  • Interior Amenities: Elevator, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 3
  • Window Features: Shades, Window Treatments
  • ResoLivingAreaSource: Owner
  • Living Area Meters: 84.17

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated, Lighting
  • Exterior Features: Lighting, Outdoor Grill, Outdoor Shower
  • Roof: Built-Up
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: BLIND PASS WATERWAY
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Rear Porch, Screened
  • Road Surface Type: Paved
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure
  • Water Access: Canal - Saltwater
  • Water Extras: Dock - Slip 1st Come,Dock - Wood,Minimum Wake Zone,Seawall - Concrete
  • Water Frontage Feet Canal Salt: 254
  • Water View: Canal,Gulf/Ocean - Partial,Gulf/Ocean to Bay
  • Water View YN: 1
  • Waterfront Feet Total: 254

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room, Outside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fishing, Pool, Water Access, Waterfront
  • Association Amenities: Boat Slip, Cable TV, Dock, Elevator(s), Laundry, Maintenance, Pool, Recreation Facilities
  • Association Name: Argus Property Mgmt
  • Phone: 941-927-6464
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Condo Fees: 576
  • Condo Land Included YN: 0
  • Association Email: patricia@argusmgmt.com
  • Monthly Condo Fee Amount: 576
  • Association URL: http://www.argusmgmt.com

Fee Information

  • Total Annual Fees: 6912.00
  • Total Monthly Fees: 576.00

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0131121016
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Furnished: Turnkey
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Condo Documents

Tax Info

  • Tax Annual Amount: 2792
  • Tax Book Number: 5-29
  • Tax Lot: 25

Multi Family

  • Waterfront Features: Canal - Saltwater
  • Approval Process: See Association

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Aug 8, 2023
Sold by
Ryan Brian and Ryan Judy
Bought by
Lange Lash
Seller's Agent
David Anthony
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Daniel Dabringhaus
SUNSET REALTY
List Price
$529,900
Sold Price
$440,000
Premium/Discount to List
-$89,900
-16.97%
Views
128
Current Estimated Value
$399,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,357
Avg. Annual Appreciation
-4.06%
Original Mortgage
$305,800
Outstanding Balance
$298,648
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$100,995

Purchase Details

Closed on
Aug 2, 2004
Sold by
Dawson Olivita M and Robinson Olivita M
Bought by
Ryan Brian and Dawson Ryan Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 1994
Sold by
Gray Merle G
Bought by
Robinson Olivita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lange Lash $440,000 None Listed On Document
Ryan Brian $280,000 --
Robinson Olivita M $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lange Lash $305,800
Previous Owner Ryan Brian $210,000
Previous Owner Robinson Olivita M $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2023 08/08/23 Sold $440,000 -4.3% $486 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
05/11/2023 05/11/23 Price Changed $460,000 -8.0% $508 / Sq Ft
01/17/2023 01/17/23 Price Changed $499,999 -5.6% $552 / Sq Ft
01/05/2023 01/05/23 For Sale $529,900 -- $585 / 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 $3,853 $332,033 -- --
2023 $3,853 $346,500 $0 $346,500
2022 $3,441 $295,800 $0 $295,800
2021 $2,792 $198,500 $0 $198,500
2020 $2,620 $181,500 $0 $181,500
2019 $2,732 $215,300 $0 $215,300
2018 $2,458 $151,008 $0 $0
2017 $2,394 $137,280 $0 $0
2016 $1,927 $124,800 $0 $124,800
2015 $1,909 $120,200 $0 $120,200
2014 $2,435 $140,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Anthony

    Seller's Agent in 2023

    David Anthony

    Michael Saunders

    (941) 786-4282

    14 in this area

    37 Total Sales

    David Anthony
    Section Image

  • D

    Buyer's Agent in 2023

    Daniel Dabringhaus

    SUNSET REALTY

    (941) 923-3351

    1 in this area

    13 Total Sales

    Daniel Dabringhaus
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4556272

Stellar MLS

APN: 0131-12-1016

Florida Sarasota County Sarasota 34242

9200 Midnight Pass Rd Unit 25, Sarasota, FL

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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