Residential Property - Condominium in Sarasota
Listing Price: $525,000 (Sale Pending) (Mortgage Calculator →)
Description of Property
Under contract-accepting backup offers. Discover the potential of this 2-bedroom, 2-bath condominium in the highly sought-after Peppertree Bay community on Siesta Key. Located on the Gulf side with deeded beach access, this residence offers easy, direct access to Siesta Key’s world-famous quartz sand beach, making it highly attractive to both owners and renters. The condo provides a great opportunity to personalize and add value to suit your style. Monthly rentals are permitted up to four times per year, offering strong income potential in a consistently high-demand vacation market. All new windows are scheduled to be installed in 2026 at no cost to the owner with no assessment required, enhancing long-term value and appeal. Peppertree Bay is a well-established, amenity-rich community featuring a resort-style pool, fitness center, tennis courts, and beautifully maintained grounds, all of which are highly desirable to owners and renters. Whether you’re seeking a personal beach retreat with income potential or a strategic investment on Siesta Key’s Gulf side, this property offers a rare combination of location, rental flexibility, and upside potential.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Sarasota
County: Sarasota
Subdivision: Peppertree Bay Iii
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 1,462
Sq. Ft. Living Area: 1,163
Cost per (heated) sqare foot: $451
Year built: 1974
Annual Tax: $6,227
HOA Fee: $1,229 Monthly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Water
Appliances: Washer
Additional Rooms: Inside Utility
Flooring: Ceramic Tile
Schools
Elementary School: Gulf Gate Elementary
Middle/Junior High School: Brookside Middle
High School: Sarasota High
Pool & Waterfront Info
Private Pool: Not specified
Water Access: Yes
Water Access Type: Gulf/Ocean
Water Name: GULF OF MEXICO
Exterior & Construction
Construction: Block
Foundation: Other
Roof: Built-Up
Exterior Features: Lighting
Parking Features: Under Building
Floors Total: 8
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
View: Water
Sewer: Public Sewer
Water Source: Public
Community Features: Tennis Court(s)
Association Amenities: Tennis Court(s)
Lot Information
Front Exposure: East
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 0106033014
Zoning: RMF3
Pets Allowed/Pet Policies: No
Tax Legal Desc.: UNIT 302 BLDG A PEPPERTREE BAY UNIT 3
Section: 18
Range: 18
Listing courtesy of COLDWELL BANKER REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.