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Sold for $585,000
  • $585,000

    1200 E PEPPERTREE LANE #307, SARASOTA, FL 34242

    2beds
    1,466sqft
    Condominium
    Built in 1973
    -- sqft lot
    $585,000 Zestimate®
    $399/sqft
    $7,943 Estimated rent

    Home value

    $585,000

    $538,000 - $638,000

    $7,943/mo

    Zestimate® history
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    What's special

    Updated fixturesFishing pierGranite countertopsMultiple outdoor gathering areasLinen storageFitness centerTennis and pickleball courts
    Set within Peppertree Bay on Siesta Key, 1200 E Peppertree Lane #307 offers a well-proportioned, turnkey, move-in ready two-bedroom, two-bath residence encompassing 1,466 square feet. The interior presents a bright, open layout anchored by a spacious great room, where crown molding, tile flooring throughout, and an expansive wall of impact glass windows create an airy, light-filled living environment. The adjoining dining area flows seamlessly into the kitchen, reinforcing the home’s functional, connected design. The kitchen features a tray ceiling with inner crown molding, recessed lighting, abundant wood cabinetry, granite countertops, a tile backsplash, and a full suite of stainless-steel newer Whirlpool appliances. A breakfast bar provides additional prep and serving space, supporting both everyday living and casual entertaining. The primary bedroom is generously scaled and benefits from strong natural light, crown molding, a walk-in closet, and direct access to the enclosed sunroom. The primary bath includes a granite-topped vanity, glass-enclosed walk-in shower, linen storage, and updated fixtures. A well-sized guest bedroom with an oversized window alcove and a nearby full bath maintains privacy and flexibility for visitors. An enclosed sunroom lined with windows extends the living space, offering versatility as a lounge, office, or secondary sitting area. A stacked washer and dryer are conveniently positioned within a dedicated closet. Newer HVAC system (2024) and Water heater (2025). Peppertree Bay is a Gulf-to-Bay community providing private deeded beach access, a fishing pier, two resort-style heated pools, clubhouses, a fitness center, saunas, tennis and pickleball courts, covered under building assigned parking with this unit that provides a bicycle rack and unit storage, and multiple outdoor gathering areas. This building has newer elevators along with stairwell access, with the building roof being replaced in 2020. The location places residents directly on Siesta Key, home to Siesta Beach, consistently ranked the #1 beach in the United States by TripAdvisor, further underscoring the appeal of both the setting and lifestyle offered by this residence.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joel Schemmel 941-587-4894,

    DOUGLAS ELLIMAN 941-867-6199

    Bought with:

    Cindy Schatzle, 3240135

    COLDWELL BANKER REALTY

    Source: Stellar MLS,MLS#: A4683608MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Ceiling Fan(s), En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    • Area: 168 Square Feet
    • Dimensions: 14x12
    Bedroom 2
    • Features: Ceiling Fan(s), En Suite Bathroom, Built-in Closet
    • Level: First
    • Area: 299 Square Feet
    • Dimensions: 23x13
    Dining room
    • Level: First
    • Area: 96 Square Feet
    • Dimensions: 12x8
    Great room
    • Level: First
    • Area: 255 Square Feet
    • Dimensions: 15x17
    Kitchen
    • Features: Breakfast Bar
    • Level: First
    • Area: 99 Square Feet
    • Dimensions: 9x11
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
    • Laundry: Inside
    Features
    • Ceiling Fan(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
    • Flooring: Ceramic Tile
    • Doors: Outdoor Grill
    • Windows: Window Treatments
    • Has fireplace: No
    • Common walls with other units/homes: Corner Unit,End Unit
    Interior area
    • Total structure area: 1,466
    • Total interior livable area: 1,466 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Guest, Under Building
    • Attached garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Enclosed
    • Exterior features: Irrigation System, Lighting, Outdoor Grill, Sidewalk
    • Pool features: Heated, In Ground
    • Has view: Yes
    • View description: Water, Gulf/Ocean - Full
    • Has water view: Yes
    • Water view: Water,Gulf/Ocean - Full
    • Waterfront features: Beach Access, Gulf/Ocean to Bay Access, Fishing Pier
    Lot
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Additional structures: Tennis Court(s)
    • Parcel number: 0106036018
    • Zoning: RMF3
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block, Concrete
    • Foundation: Raised
    • Roof: Membrane
    Condition
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Street Lights, Water Connected

    Community & HOA

    Community
    • Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Pool, Tennis Court(s)
    • Pet fee: $0 monthly
    • Subdivision: PEPPERTREE BAY II
    HOA
    • Has HOA: No
    • Services included: Cable TV, Community Pool, Reserve Fund, Fidelity Bond, Insurance, Internet, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water
    • HOA fee: $1,261 monthly
    • HOA name: Peppertree Assoc / Will Seeley
    • HOA phone: 941-349-7777
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $399/sqft
    • Tax assessed value: $604,500
    • Annual tax amount: $7,547
    • Date on market: 2/27/2026
    • Cumulative days on market: 106 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Brick

    Price history

    DateEventPrice
    7/13/2026Sold$585,000-12.6%$399/sqft
    Source: Stellar MLS #A4683608 Report a problem
    7/8/2026Contingent$669,000$456/sqft
    Source: Stellar MLS #A4683608 Report a problem
    6/15/2026Pending sale$669,000$456/sqft
    Source: Stellar MLS #A4683608 Report a problem
    4/20/2026Price change$669,000-4.3%$456/sqft
    Source: Stellar MLS #A4683608 Report a problem
    2/27/2026Listed for sale$699,000$477/sqft
    Source: Stellar MLS #A4683608 Report a problem
    7/1/2025Listing removed$699,000$477/sqft
    Source: Stellar MLS #A4633623 Report a problem
    4/24/2025Price change$699,000-12.5%$477/sqft
    Source: Stellar MLS #A4633623 Report a problem
    2/12/2025Price change$799,000-4.8%$545/sqft
    Source: Stellar MLS #A4633623 Report a problem
    12/31/2024Listed for sale$839,000+96.5%$572/sqft
    Source: Stellar MLS #A4633623 Report a problem
    5/1/2015Sold$427,000-0.7%$291/sqft
    Source: Stellar MLS #A3998038 Report a problem
    8/4/2014Price change$430,000-5.5%$293/sqft
    Source: PEPPERTREE BAY REALTY INC (281502150) #A3998038 Report a problem
    5/14/2014Listed for sale$455,000+24.7%$310/sqft
    Source: PEPPERTREE BAY REALTY INC #A3998038 Report a problem
    12/15/2003Sold$365,000+146.6%$249/sqft
    Source: Public Record Report a problem
    5/30/1997Sold$148,000$101/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,547 +3.7%$604,500 +6.8%
    2024$7,280 +0.3%$565,941 +10%
    2023$7,260 +11.6%$514,492 +10%
    2022$6,508 +16%$467,720 +10%
    2021$5,609 +2.6%$425,200 +4.9%
    2020$5,464 -2.4%$405,400 +0%
    2019$5,599 $405,240 +10%
    2018$5,599 +13.3%$368,400
    2017$4,943 +10.1%$368,400
    2016$4,490 $368,400 +12.6%
    2015$4,490 +15%$327,200 +37.5%
    2014$3,905 +8%$238,040
    2013$3,615 +10.8%$238,040 +10%
    2012$3,263 +1.6%$216,400
    2011$3,212 -7.7%$216,400 -5.9%
    2010$3,481 -21.6%$229,900 -11.4%
    2009$4,440 $259,500 -19.8%
    2008$4,440 -13.6%$323,600 -14.1%
    2007$5,136 $376,500 -1.3%
    2006-- $381,500 +24%
    2005-- $307,660 +10.7%
    2004$4,435 +5.1%$277,950 +9%
    2003$4,221 +11.6%$255,000 +12.7%
    2002$3,783 +45%$226,200 +42%
    2001$2,609 +3%$159,291 +5%
    2000$2,534 $151,706
    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
    $585,000
    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
    $585,000