2 months on rocket

1048 W Peppertree Ln Unit 118B, Sarasota, FL, 34242

$719,900

Home List Price

$8,549*

Closing Credit

2 Bedrooms
2 Full Baths
975 SqFt
$738/SqFt
Condo
Schools Nearby

Location

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1048 W Peppertree Ln Unit 118B, Sarasota$719,900

Buyer Closing Credits

$8,549*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Year Built1974
HeatingCentral
CoolingCentral Air
WaterfrontLake Front, Pond
MLS #A4603520
Lot Size7.21 Acres
StatusActive

About 1048 W Peppertree Ln Unit 118B

Welcome to your new piece of paradise in Peppertree Bay at Siesta Key! This charming 2-bedroom, 2-bathroom condo is located on the coveted Gulf side of Peppertree Bay with a short walk to the white sands of Siesta Key beach. Step inside to find a meticulously furnished getaway with tile throughout the main areas, providing both durability and elegance. The glassed-in 8x18 lanai extends your living space providing the ultimate perch for coffee, cocktails, and al fresco dining. The condo also has a washer and dryer. Large storage closet off the lanai. Both bedrooms are comfortably carpeted, with the master bedroom featuring a spacious walk-in closet, providing ample storage. Peppertree Bay boasts a plethora of amenities to enhance your lifestyle, including two heated swimming pools, clubhouse, BBQ grills, fishing pier on the bay, fitness center, sauna, tennis and pickleball courts, and top-notch security for your peace of mind. Rentals are one-month minimum with 4 individual leases per year. Peppertree is near shopping, dining, entertainment, golfing, boating, and the arts and culture of Downtown Sarasota. Whether you're seeking a permanent residence or a vacation retreat, this condo offers the perfect blend of comfort, convenience, and enjoyment.

Property Details

Property Features

Property Information:

  • Year Built: 1974
  • Stories: 1
  • Living Area: 975 SqFt

Listing Office:

  • Office Name: CORCORAN DWELLINGS REALTY
  • Office Phone: (941) 200-4663
  • Listing Agent: Marc Rasmussen

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Carpet, Ceramic Tile
  • Interior: Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front, Pond
  • Exterior: Sliding Doors

Lot Features

Lot Information:

  • Lot Size: 7.21 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Sarasota High School, Public District Grades 9-12
  • Brookside Middle School, Public District Grades 6-8
  • Phillippi Shores Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: North on Midnight Pass, turn right on Peppertree Ln

Price Information

Listing Price Info

Price Summary:

  • List Price: $719,900
  • Price Per SqFt: $738/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

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Sarasota, FL

City

Med. Sold Price

$519K

Med. Price/SqFt

$306

Avg. Days On Market

56

# of Sold Homes

593

1048 W Peppertree Ln Unit 118B vs Sarasota

65 DAYS ON ROCKET

+9 Days

$719,900

+$200.8K More

$738/SqFt

+$431 More

KEY TAKEAWAY

This property is $200.8K more than the Median Sold Price and $431/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4603520

Listing Office:

  • Office Name: CORCORAN DWELLINGS REALTY
  • Office Phone: (941) 200-4663
  • Listing Agent: Marc Rasmussen

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/18/2024, 11:49:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,660

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,225

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3612151
8
/10

  • Phillippi Shores Elementary School

  • 4747 S Tamiami Trl

  • 2.00 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3612152
5
/10

  • Brookside Middle School

  • 3636 S Shade Ave

  • 3.06 miles

  • Public District Grades 6-8

High School

school-card-donut-3612153
5
/10

  • Sarasota High School

  • 1000 S School Ave

  • 4.61 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,734. The most common annual income of people living in Sarasota, FL is between $35k-100k. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1048 W Peppertree Ln Unit 118B

What is the listing price of this property?

The listing price of 1048 W Peppertree Ln Unit 118B property is $719,900.

What type of property is this?

The property 1048 W Peppertree Ln Unit 118B is a condo located in Sarasota, Florida, 34242.

Is this property for sale now?

Active Listing: 1048 W Peppertree Ln Unit 118B is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1048 W Peppertree Ln Unit 118B are:
Phillippi Shores Elementary School: GreatSchools Rating 8/10
Brookside Middle School: GreatSchools Rating 5/10
Sarasota High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 1048 W Peppertree Ln Unit 118B has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1048 W Peppertree Ln Unit 118B is 975 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1048 W Peppertree Ln Unit 118B is 1974.

Rocket Homes›Florida›Sarasota County›Sarasota›34242›1048 W Peppertree Ln Unit 118B

This home is located at 1048 W Peppertree Ln Unit 118B in Sarasota, FL and zip code 34242 in the Siesta Key neighborhood. This 975 square foot home, which was built in 1974, sits on a 7.21 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 14, 2024 and is currently priced at $719,900.

In April 2024 more than 41 listings in Sarasota, FL were sold above the asking price. During the same period more than 90 listings were sold at asking price, while more than 462 were sold below. The number of homes for sale in Sarasota, FL decreased by 1.8% between March 2024 and April 2024. While the average time on the market in April 2024 was 56 days, the median list price was $519,031.

From Rocket Homes Real Estate and based on county public records data.

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