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Sold for $500,500
  • $500,500

    1125 W PEPPERTREE DRIVE #302, SARASOTA, FL 34242

    2beds
    1,163sqft
    Condominium
    Built in 1974
    -- sqft lot
    $501,500 Zestimate®
    $430/sqft
    $7,859 Estimated rent

    Home value

    $501,500

    $476,000 - $527,000

    $7,859/mo

    Zestimate® history
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    What's special

    Resort-style poolTennis courtsFitness centerBeautifully maintained grounds
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Christine Green 941-914-2463,

    COLDWELL BANKER REALTY 941-349-4411

    Bought with:

    Christine Green, 3270422

    COLDWELL BANKER REALTY

    Source: Stellar MLS,MLS#: A4678715MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Utility Room
    Primary bedroom
    • Features: En Suite Bathroom, Built-in Closet
    • Level: First
    • Area: 186.66 Square Feet
    • Dimensions: 15.3x12.2
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    • Area: 137.76 Square Feet
    • Dimensions: 12.3x11.2
    Primary bathroom
    • Features: Tub With Shower
    • Level: First
    • Area: 29.7 Square Feet
    • Dimensions: 9.9x3
    Bathroom 2
    • Features: Shower No Tub
    • Level: First
    • Area: 27.88 Square Feet
    • Dimensions: 8.2x3.4
    Balcony porch lanai
    • Features: Ceiling Fan(s)
    • Level: First
    • Area: 268.56 Square Feet
    • Dimensions: 7.2x37.3
    Dining room
    • Level: First
    • Area: 169 Square Feet
    • Dimensions: 13x13
    Kitchen
    • Features: Ceiling Fan(s), Pantry
    • Level: First
    • Area: 80.36 Square Feet
    • Dimensions: 9.8x8.2
    Living room
    • Level: First
    • Area: 109.6 Square Feet
    • Dimensions: 13.7x8
    Utility room
    • Level: First
    • Area: 76.26 Square Feet
    • Dimensions: 12.3x6.2
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Ceiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat, Walk-In Closet(s)
    • Flooring: Carpet, Ceramic Tile
    • Has fireplace: No
    Interior area
    • Total structure area: 1,462
    • Total interior livable area: 1,163 sqft

    Property

    Parking
    • Parking features: Assigned, Ground Level, Under Building
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Lighting
    • Has view: Yes
    • View description: Trees/Woods, Water, Pond
    • Has water view: Yes
    • Water view: Water,Pond
    • Waterfront features: Beach - Access Deeded, Gulf/Ocean Access
    • Body of water: GULF OF MEXICO
    Details
    • Parcel number: 0106033014
    • Zoning: RMF3
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block
    • Foundation: Other
    • Roof: Built-Up
    Condition
    • New construction: No
    • Year built: 1974

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Water Access, Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness Center, Pool, Tennis Court(s)
    • Pet fee: $0 monthly
    • Subdivision: PEPPERTREE BAY III
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Fitness Center, Pickleball Court(s), Tennis Court(s)
    • Services included: Cable TV, Common Area Taxes, Community Pool, Reserve Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water
    • HOA fee: $1,229 monthly
    • HOA name: Willam Seeley
    • HOA phone: 941-349-7777
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $430/sqft
    • Tax assessed value: $490,200
    • Annual tax amount: $6,227
    • Date on market: 1/30/2026
    • Cumulative days on market: 25 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/1/2026Sold$500,500-4.7%$430/sqft
    Source: Stellar MLS #A4678715 Report a problem
    2/25/2026Pending sale$525,000$451/sqft
    Source: Stellar MLS #A4678715 Report a problem
    1/30/2026Listed for sale$525,000+22.1%$451/sqft
    Source: Stellar MLS #A4678715 Report a problem
    5/30/2008Sold$430,000$370/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,227 +4.2%$490,200 +4%
    2024$5,977 +2.6%$471,500 +5.5%
    2023$5,823 +1.6%$446,732 +10%
    2022$5,733 +16.7%$406,120 +10%
    2021$4,914 +4.5%$369,200 +6.9%
    2020$4,703 -0.7%$345,300 -1.8%
    2019$4,735 $351,600 +1%
    2018$4,735 +1.2%$348,100 +2.9%
    2017$4,678 -7.1%$338,400 +0%
    2016$5,035 $338,300 -4.1%
    2015$5,035 -0.3%$352,800 +10.8%
    2014$5,049 +8.2%$318,400
    2013$4,667 +16.6%$318,400 +16.9%
    2012$4,003 +1.6%$272,300
    2011$3,939 -6.2%$272,300 -4%
    2010$4,201 -24.8%$283,600 -15.1%
    2009$5,589 $334,000 -19.8%
    2008$5,589 -13.8%$416,400 -14%
    2007$6,480 $484,400 -2.5%
    2006-- $496,600 +23.1%
    2005-- $403,405 +22%
    2004$5,192 +11.4%$330,600 +16%
    2003$4,662 +11.2%$285,000 +11.9%
    2002$4,192 +45.1%$254,600 +42%
    2001$2,889 +1.4%$179,277 +3%
    2000$2,848 $174,055
    Find assessor info on the county website

    Neighborhood: 34242

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Gulf Gate 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
    $501,500
    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
    $501,500