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Sold for $437,000 on 04/14/25
  • $437,000

    8625 Midnight Pass Rd #505B, Sarasota, FL 34242

    1beds
    697sqft
    Condominium
    Built in 1970
    -- sqft lot
    $394,700 Zestimate®
    $627/sqft
    $3,008 Estimated rent

    Home value

    $394,700

    $363,000 - $430,000

    $3,008/mo

    Zestimate® history
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    What's special

    Attractive New Price! Boaters & Beach Lovers Delight in this picturesque offering .... Location is Key on Siesta ~ True Gulf/Ocean to Bay Property. Offering: Boat Docks & Fishing & Cleaning Stations, Pools, Private Beach Access & Cabanas, BBQ grill areas and so much more...! Milestone Inspection complete & passed! Bay Tree Club offers a slice of paradise with rare & spectacular Gulf/Ocean to Bay access. A boater's delight now that Midnight Pass reopened ~ offering direct access to the Gulf of Mexico! Revel in beautiful sunrises by the bay and magical sunsets on the gulf. Witness the majestic sea turtles during nesting season. All just minutes from your top floor Penthouse style condo. This one-bedroom, one-bathroom home offers 697 square feet of living space in an idyllic well-maintained coastal community. The cheerful layout creates a bright and airy atmosphere, accentuated by the neutral tones and ample natural lighting. The updated kitchen features granite countertops, while the tiled shower in the bathroom provides a modern touch. The living room and dining area are both spacious and inviting. Enjoy unobstructed views of the bay from your Juliet lanai & partial Gulf/Ocean views from your bedroom window. Here residents can experience the serene waterfront location, with direct private access to the beach and private tranquil docks. No additional fees for dock slip usage! The lush landscaping, bay & beachfront setting contribute to the overall peaceful ambiance. Residents can also take advantage of their own private cabanas, boat docks, and access to both the Gulf/Ocean and the Bay. This inviting community is situated within easy access to nearby restaurants, shops, and the infamous Siesta Beach and Siesta Village. With a Trolley stop out front, take advantage of free rides to explore the area further. In addition to fun rides on the Key, hop aboard for a jaunt to Downtown Sarasota with additional Trolleys to popular St. Armands Circle and nearby Longboat Key attractions. The property also provides assigned owner and ample guest parking, as well as private storage, two heated pools (Gulf/Ocean & Bay Side) and two BBQ patio grilling areas (Gulf/Ocean & Bay Side). This property represents boat & beach living at its very best where life is easy, and boaters can enjoy private docks with direct access to the reopened Midnight Pass & beach lovers have the Gulf of Mexico as their backyard. With its updated features, waterfront location, and amenities, this condo offers an ideal living experience. Move in, unpack and relish in beach life. Living is good on Siesta Key! Investors and end users have the potential to enjoy instant income as the seller is willing to leaseback. Take comfort in knowing that this complex completed and passed the Milestone Inspection and that the building had no structural damage from the recent storms. Roofs were replaced in 2020. Being offered furnished/turnkey. This Gulf/Ocean to Bay home is a must see!

    Zillow last checked: 8 hours ago

    Listing updated: April 14, 2025 at 02:05pm

    Listing Provided by:

    Aurelia Gilbert 203-451-3178,

    COLDWELL BANKER REALTY 941-349-4411

    Bought with:

    Debbie Lane, 0678370

    RE/MAX ALLIANCE GROUP

    Source: Stellar MLS,MLS#: A4632344MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Features: Ceiling Fan(s), Dual Closets
    • Level: First
    Bathroom 1
    • Features: Granite Counters, Tub With Shower
    • Level: First
    Dining room
    • Features: Storage Closet
    • Level: First
    Foyer
    • Features: Coat Closet
    • Level: First
    Kitchen
    • Features: Granite Counters
    • Level: First
    Living room
    • Features: Ceiling Fan(s)
    • Level: First
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Range, Refrigerator
    • Laundry: Common Area, Same Floor As Condo Unit
    Features
    • Ceiling Fan(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor
    • Flooring: Vinyl
    • Doors: Outdoor Grill, Outdoor Shower
    • Windows: Shutters, Window Treatments
    • Has fireplace: No
    Interior area
    • Total structure area: 697
    • Total interior livable area: 697 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Private Mailbox
    • Has view: Yes
    • View description: Pool, Trees/Woods, Water, Intracoastal Waterway
    • Has water view: Yes
    • Water view: Water,Intracoastal Waterway
    • Waterfront features: Bay/Harbor Front, Gulf/Ocean Front, Waterfront, Bay/Harbor, Intracoastal Waterway, Bay/Harbor Access, Beach Access, Beach - Access Deeded, Gulf/Ocean Access, Gulf/Ocean to Bay Access, Intracoastal Waterway Access, Fishing Pier
    • Body of water: SARASOTA INTRACOASTAL WATERWAY
    Lot
    • Features: Landscaped
    • Residential vegetation: Mature Landscaping, Oak Trees, Trees/Landscaped
    Details
    • Additional structures: Cabana
    • Parcel number: 0129011077
    • Zoning: RMF3
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block, Stucco
    • Foundation: Slab
    • Roof: Built-Up
    Condition
    • Completed
    • New construction: No
    • Year built: 1970

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Public, Sewer Connected, Sprinkler Well, Street Lights, Water Connected

    Community & neighborhood

    Community
    • Community features: Bay/Harbor Front, Boat Slip, Dock, Gulf/Ocean Front, Intracoastal Waterway, Water Access, Waterfront, Buyer Approval Required, Community Mailbox, Pool
    Location
    • Region: Sarasota
    • Subdivision: BAY TREE CLUB

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $985 monthly
    • Amenities included: Cable TV, Elevator(s), Laundry, Maintenance, Pool, Storage
    • Services included: Cable TV, Community Pool, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Trash, Water
    • Association name: Progressive Property Management/Arvilla Britta
    • Association phone: 941-349-7373
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Ownership: Condominium
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    4/14/2025Sold$437,000-2.9%$627/sqft
    Source: Stellar MLS #A4632344 Report a problem
    3/6/2025Pending sale$450,000$646/sqft
    Source: Stellar MLS #A4632344 Report a problem
    2/12/2025Price change$450,000+0.2%$646/sqft
    Source: Stellar MLS #A4632344 Report a problem
    2/7/2025Price change$449,000-8.2%$644/sqft
    Source: Stellar MLS #A4632344 Report a problem
    1/2/2025Listed for sale$489,000+63%$702/sqft
    Source: Stellar MLS #A4632344 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $302,280 +10%
    2024$3,591 -6%$274,800 +2.6%
    2023$3,820 +12.2%$267,740 +10%

    Find assessor info on the county website

    Neighborhood: 34242

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Phillippi Shores Elementary
    • Middle: Brookside Middle
    • High: Sarasota High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $394,700

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $394,700