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116 Pass Key Rd; Sarasota, FL Property Details

116 Pass Key Rd, Sarasota, FL is a Condominium that was built in 1973. This property is currently a cash purchase and is not for sale. Our records show that 116 Pass Key Rd has 1 bedroom, and 1 bathroom, and a total of 656 square feet. The lot size of 116 Pass Key Rd is 41,147 square feet.

Off market
116 Pass Key Rd #116 Sarasota, FL 34242
$470,000 Listing Price
1 Beds
1 Baths
656 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1973
  • Purchase Price: $470,000
  • Est. Equity / %: $414,000 / 100%
  • Gross Yield: 13.093%
  • APN: 0080-08-3002
  • Situs County: Sarasota
  • Length Of Ownership: 7 months

Rooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 3

Structure

  • Building Style: Masonry
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Stucco
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Shed
  • Roof Cover Type: Concrete

Measurements

  • Total: 656/SqFt
  • Lot: 41,147/SqFt
  • Gross: 720/SqFt
  • Living: 656/SqFt
  • Building: 656/SqFt
  • Ground: 656/SqFt
  • Price Per Square Foot: $716.46

Legal Description

  • Description: UNIT 116 BLDG A SANDY COVE 3
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Sarasota County School District
  • Lat / Lon: 27.281258 / -82.56466
  • Subdivision: Sandy Cove Iii
  • Property Class: Residential
  • Zoning: RMF2
  • County Use Code: 0403

Amenities

  • Plus Four: 1605
  • Cooling: Central
  • Garage: Open
  • Heating: Central
  • Parking: 1

HOA

  • H O A One: $1,323
  • H O A Amount: $1,323
  • H O A One Frequency: Monthly
  • H O A One Type: Condo Owner Association

Ownership Info

116 Pass Key Rd #116 has no associated ownership info
116 Pass Key Rd #116 has no associated ownership info.

Taxes

116 Pass Key Rd #116 has 8 associated Taxes items

116 Pass Key Rd, Sarasota, FL pays taxes in Sarasota County, FL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $197,922. The APN we've located for 116 Pass Key Rd is 0080-08-3002.

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Taxes
  • Assessed Value:  $197,922
  • Assessed Year:  2025
  • Assessed County:  Sarasota
  • APN:  0080-08-3002
  • Tax Amount:  2298.85
  • Tax Year:  2025
  • Market Value:  264900
  • Market Year:  2025

Tax History

116 Pass Key Rd #116 has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $197,922 Land Value Improvement Value Tax Amount $2,298.85 Change Rate -0.221344% Assessed CR Tax Rate +0.011615%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,952.33 Change Rate +0.040637% Assessed CR Tax Rate
Year 2023 Assessed Value $248,781 Land Value Improvement Value Tax Amount $2,837.04 Change Rate +0.015234% Assessed CR Tax Rate +0.011404%
Year 2022 Assessed Value $241,535 Land Value Improvement Value Tax Amount $2,794.47 Change Rate +0.006324% Assessed CR Tax Rate +0.01157%
Year 2021 Assessed Value $234,500 Land Value Improvement Value $234,500 Tax Amount $2,776.91 Change Rate +1.054687% Assessed CR Tax Rate +0.011842%
Year 2020 Assessed Value $116,587 Land Value Improvement Value Tax Amount $1,351.5 Change Rate +0.051056% Assessed CR Tax Rate +0.011592%
Year 2019 Assessed Value $113,966 Land Value Improvement Value Tax Amount $1,285.85 Change Rate +0.037947% Assessed CR Tax Rate +0.011283%
Year 2018 Assessed Value $111,841 Land Value Improvement Value Tax Amount $1,238.84 Change Rate -0.245433% Assessed CR Tax Rate +0.011077%
Year 2017 Assessed Value $100,396 Land Value Improvement Value Tax Amount $1,641.79 Change Rate +0.45146% Assessed CR Tax Rate +0.016353%
Year 2016 Assessed Value $161,500 Land Value Improvement Value $161,500 Tax Amount $1,131.13 Change Rate -0.311039% Assessed CR Tax Rate +0.007004%
Year 2015 Assessed Value $157,700 Land Value Improvement Value $157,700 Tax Amount $1,641.79 Change Rate +0.460303% Assessed CR Tax Rate +0.010411%
Year 2014 Assessed Value $95,440 Land Value Improvement Value Tax Amount $1,124.28 Change Rate Assessed CR Tax Rate +0.01178%