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$619,832Estimated home value

Beds
1
Baths
1.0
sq ft
959

1223 Siesta Bayside Dr Unit 1223, Sarasota, FL 34242

1223 Siesta Bayside Dr Unit 1223

SARASOTA, FL 34242

  • Sold On 4/8/2021
Deeded beach access across the street to the famous white sands of Siesta Beach. This is the perfect first-floor beach getaway located in a gated, bayfront community with charming Key West coastal architecture. This impeccable, beautifully furnished condominium offers relaxed, comfortable living in an active resort community. The open floor plan features a living/dining room, fabulous glassed & screened lanai overlooking green space, a large eat-in kitchen, master bedroom, bath and in-unit washer & dryer. Private 1-car garage and driveway. The community features 2 pools, a clubhouse, fishing pier, a recreation center, two tennis/pickleball courts, barbecue grills, and a walking path to the fishing dock for active loading and unloading of boats with fish cleaning stations and benches. Subsidize your ownership when not in town - weekly rentals for excellent income potential with on-site management. The entire community was re-roofed with metal roofs in 2015/16 painted in 2018, pools resurfaced. Savor spectacular sunrises, enjoy watching the boats go by on the bay and be mesmerized by the area's amazing marine life - dolphin, manatee and many types of birds. Paddleboard, kayak or fish from the dock. Grab your towel and relax by the pool or stroll over to the beach. Discover the charming boutiques and restaurants of quaint Siesta Village. Only 15 minutes by car to downtown Sarasota’s cultural and urban amenities.

Details

Property type

Condominium

Est. home value

$619,832

Lot size

Unknown

Price per sq ft

$496

Year built

1988

Annual property taxes

$3,801.99

Monthly HOA fee

$668

Price History

03/01/2025
StellarMLS

StellarMLS #A4617085

Removed
$549,900
01/09/2025
StellarMLS

StellarMLS #A4617085

Price change
$549,900
-4.37%
09/03/2024
StellarMLS

StellarMLS #A4617085

Price change
$575,000
-3.36%

Schools & Community

Elementary school: 

Phillippi Shores Elementary

Middle school: 

Brookside Middle

High school: 

Sarasota High

Community features: 

Gated, Fishing, Fitness Center, Pool, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$130,221
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$306,779
Cash to seller
$130,221

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Telhio Cu Inc

Loan start date

March 2021

Original loan amount

$337,500

Est. remaining balance

$306,779

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Mary Christine Stermer and Thomas Michael Stermer

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Off Market

Tomo last checked: 04/03/2025 at 11:10 PM

Listing updated: 09/19/2023 at 12:33 PM

Listed by: Judie Berger, PREMIER SOTHEBYS INTL REALTY Phone #: (941) 364-4000

MLS: StellarMLS #A4486311

StellarMLS logo

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