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Sold for $630,000
  • $630,000

    1050 W PEPPERTREE LANE #116B, SARASOTA, FL 34242

    2beds
    1,083sqft
    Condominium
    Built in 1974
    -- sqft lot
    $626,900 Zestimate®
    $582/sqft
    $7,974 Estimated rent

    Home value

    $626,900

    $577,000 - $683,000

    $7,974/mo

    Zestimate® history
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    What's special

    Tennis courtsBeautifully updated residenceFishing pierNewly updated clubhouseTwo-bedroom two-bath residenceTwo heated swimming poolsGas grills
    Turnkey coastal living on Siesta Key. Beautifully renovated first-floor Gulf-side garden condominium in the highly sought-after Peppertree Bay Gulf-to-Bay community. This exceptional two-bedroom, two-bath residence has been thoughtfully updated throughout and is offered fully turnkey furnished, creating an effortless opportunity to arrive and immediately enjoy the island lifestyle. The bright end-unit layout features a rare windowed kitchen that fills the living space with natural light, a feature seldom found in comparable garden units. The residence has been extensively improved with brand-new hurricane-impact windows, new flooring throughout, and numerous major system upgrades, including a recently replaced HVAC system, hot water heater, and dishwasher, providing peace of mind and reducing future maintenance expenses for the next owner. In addition, there is expanded square footage, enhancing the overall functionality of the home. The enclosed lanai area overlooks a tranquil lagoon and fountain, offering a peaceful setting for morning coffee or evening relaxation. Additional conveniences include a private in-unit washer and dryer, a dedicated exterior storage room, and assigned parking just steps from the entrance. Peppertree Bay is one of Siesta Key’s most desirable waterfront communities, uniquely positioned Gulf-to-Bay and offering a full suite of resort-style amenities that support a true full-service coastal lifestyle. Residents enjoy private beach access with chairs, two heated swimming pools, tennis courts, pickleball courts, a fitness center, fishing pier, newly updated clubhouse, gas grills, and on-site management with rental services. Ideally located just minutes from Siesta Key Village’s restaurants, shopping, and the world-renowned quartz sand beaches, this beautifully updated residence offers a rare combination of turnkey convenience, meaningful capital improvements, expanded living space, and premier coastal location. While the current owners have chosen not to rent the property, Peppertree Bay’s on-site rental management and strong seasonal demand provide an excellent opportunity for owners who wish to generate rental income.

    Zillow last checked:

    Listing updated:

    Listed by:

    Renee Nadiv 941-299-4242,

    WILLIAM RAVEIS - FLORIDA LLC 941-867-3901,

    Jim Gammello 941-699-6283,

    WILLIAM RAVEIS - FLORIDA LLC

    Bought with:

    Patti O Grady, 3127396

    WATERSIDE REALTY LLC

    Source: Stellar MLS,MLS#: A4684958MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Storage Closet
    • Level: First
    • Area: 154 Square Feet
    • Dimensions: 14x11
    Bedroom 2
    • Features: Storage Closet
    • Level: First
    • Area: 110 Square Feet
    • Dimensions: 10x11
    Balcony porch lanai
    • Level: First
    • Area: 91 Square Feet
    • Dimensions: 13x7
    Kitchen
    • Level: First
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Living room
    • Features: Coat Closet
    • Level: First
    • Area: 286 Square Feet
    • Dimensions: 22x13
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
    • Laundry: Inside
    Features
    • Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Thermostat
    • Flooring: Laminate
    • Windows: Window Treatments
    • Has fireplace: No
    • Common walls with other units/homes: End Unit
    Interior area
    • Total structure area: 1,083
    • Total interior livable area: 1,083 sqft

    Property

    Parking
    • Parking features: Assigned
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Enclosed
    • Exterior features: Garden, Private Entrance, Tennis Court(s)
    • Pool features: Heated, In Ground
    • Has view: Yes
    • View description: Park/Greenbelt, Water, Lagoon
    • Has water view: Yes
    • Water view: Water,Lagoon
    • Waterfront features: Lagoon, Gulf/Ocean to Bay Access, Fishing Pier
    Lot
    • Residential vegetation: Mature Landscaping
    Details
    • Parcel number: 0106034110
    • Zoning: RMF3
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Stucco, Wood Frame
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Completed
    • New construction: No
    • Year built: 1974

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Dock, Fishing, Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness Center, Pool, Tennis Court(s)
    • Pet fee: $0 monthly
    • Subdivision: PEPPERTREE BAY IV
    HOA
    • Has HOA: Yes
    • Amenities included: Cable TV, Clubhouse, Fitness Center, Pool, Recreation Facilities, Sauna, Security, Tennis Court(s), Vehicle Restrictions
    • Services included: 24-Hour Guard, Cable TV, Community Pool, Reserve Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Private Road, Recreational Facilities, Security, Sewer, Water
    • HOA fee: $1,079 monthly
    • HOA name: Peppertree Bay -
    • HOA phone: 941-349-7777
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $582/sqft
    • Tax assessed value: $440,100
    • Annual tax amount: $5,344
    • Date on market: 3/5/2026
    • Cumulative days on market: 58 days
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    6/16/2026Sold$630,000-5.8%$582/sqft
    Source: Stellar MLS #A4684958 Report a problem
    5/2/2026Pending sale$669,000$618/sqft
    Source: Stellar MLS #A4684958 Report a problem
    3/5/2026Listed for sale$669,000+50.3%$618/sqft
    Source: Stellar MLS #A4684958 Report a problem
    1/30/2020Sold$445,000-6.1%$411/sqft
    Source: Public Record Report a problem
    12/12/2019Pending sale$474,000$438/sqft
    Source: WATERSIDE REALTY LLC #A4420169 Report a problem
    9/7/2019Price change$474,000-3.1%$438/sqft
    Source: WATERSIDE REALTY LLC #A4420169 Report a problem
    12/3/2018Listed for sale$489,000+12.4%$452/sqft
    Source: WATERSIDE REALTY LLC #A4420169 Report a problem
    4/26/2018Sold$435,000-3.3%$402/sqft
    Source: Public Record Report a problem
    4/6/2018Pending sale$450,000$416/sqft
    Source: RE/MAX PLATINUM REALTY #A4211309 Report a problem
    3/13/2018Price change$450,000-9.8%$416/sqft
    Source: RE/MAX PLATINUM REALTY #A4211309 Report a problem
    2/24/2018Listed for sale$499,000+40.6%$461/sqft
    Source: RE/MAX PLATINUM REALTY #A4211309 Report a problem
    2/2/2015Sold$355,000+36.5%$328/sqft
    Source: Public Record Report a problem
    1/29/2015Listing removed$4,500$4/sqft
    Source: Point2 #A4107210 Report a problem
    10/30/2014Listed for rent$4,500$4/sqft
    Source: ERA WATERSIDE REALTY (281505037) #A4107210 Report a problem
    1/8/2001Sold$260,000$240/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,567 -20.9%$440,100 -11.1%
    2024$7,040 +3.9%$495,132 +10%
    2023$6,778 +13.4%$450,120 +10%
    2022$5,976 +22%$409,200 +10%
    2021$4,897 +7.2%$372,000 +9.9%
    2020$4,568 -8.2%$338,400 -9.7%
    2019$4,973 $374,700 +12.8%
    2018$4,973 +12.2%$332,300 +4.3%
    2017$4,434 +54.2%$318,600 +12.1%
    2016$2,876 $284,200 +46.4%
    2015$2,876 -30%$194,100 -22.3%
    2014$4,108 +8.1%$249,700
    2013$3,799 +13.7%$249,700 +10%
    2012$3,342 +1.6%$227,000
    2011$3,289 -7.7%$227,000 -5.7%
    2010$3,565 -24.8%$240,700 -15.1%
    2009$4,743 $283,400 -19.8%
    2008$4,743 -14.8%$353,400 -15.1%
    2007$5,566 $416,400 -1.1%
    2006-- $421,200 +24.9%
    2005-- $337,124 +28.1%
    2004$4,149 +7.8%$263,200 +12%
    2003$3,850 +28.8%$235,000 +31.7%
    2002$2,988 +42.8%$178,500 +42%
    2001$2,092 +6.5%$125,703 +3%
    2000$1,964 $122,042
    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
    $626,900
    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
    $626,900