220 Pass Key Rd #220, photo 1
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Overview

2 bd2 ba998 sqftCondominium
TypeCondominium
HOANone listed
Built1973
Lot41,216 sqft
Living area998 sqft
Price / sqft$510

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)High CeilingsLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorThermostatBalconyLighting

220 Pass Key Rd #220 is a 1973-built home in Sandy Cove III, Sarasota. Inside you'll find 2 bedrooms, 2 bathrooms, and 998 square feet of living space. Listed at $509,000 (about $510/sqft), 82 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

Opportunities to own in Sandy Cove are rare—and this residence presents the perfect chance to create your own island retreat in one of Siesta Key's most sought-after waterfront communities. Bring your vision and transform this well-located residence into the coastal getaway you've always imagined. Whether you're looking for a winter escape from the cold, a seasonal home to enjoy for years to come, or an investment in one of Florida's premier beach destinations, the value here lies in the location, lifestyle, and potential. Designed by renowned Sarasota architect Frank Folsom Smith, Sandy Cove is a boutique waterfront community celebrated for its timeless mid-century architecture, lush tropical landscaping, private shell beach, fishing pier, heated pool, kayak launch, and Gulf-front sunsets. Best of all, you're just a short stroll from Siesta Key Village, where local restaurants, boutiques, live music, and island charm await. Unlike buying someone else's renovation, this home offers the rare opportunity to update the interior to reflect your own style while investing in a community where demand remains consistently strong. Enjoy the property today, renovate at your own pace, and own a piece of Siesta Key in a location that continues to attract vacationers, seasonal residents, and investors alike. Interested in an investment property? Monthly rentals allowed! Two pets are welcome (including renters)! When the address is this exceptional, the possibilities are endless. Schedule your private showing today!

The essentials

Built
1973
Price / sqft
$510
On market
82 days
Annual tax
$4,968
Flood zone
AE
Lot
41,216 sqft
Type
Condominium

At a glance

Condo
Built 1973
Waterfront
Gulf/Ocean to Bay
Community pool
Shared amenity
Private balcony
Outdoor space
998 sqft
Living area

Payment

Est. monthly payment
$3,324/mo
Down payment (20%)
$101,800
Property taxes
$414/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
1973
Lot
41,216 sqft
Cooling
Central Air
Heating
Central, Heat Pump
Parking
-
Waterfront
Gulf/Ocean to Bay
Days on Market
82
Ceiling Fans(s)
High Ceilings
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Thermostat
Balcony
Lighting
Rain Gutters
Buyer Approval Required
Clubhouse
Community Mailbox
Deed Restrictions
Pool
Dishwasher
Microwave
Range
Refrigerator
Elementary
Phillippi Shores Elementary
Middle
Brookside Middle
High
Sarasota High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone AE
Annual Tax (2025)
$4,968
Parcel #
0080083014

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Sandy Cove III
County
Sarasota
MLS Area
34242 - Sarasota/Crescent Beach/Siesta Key
Lot Size
41,216 sqft

Price history

Date
Event
Price
7/20/2026
Listed for sale
Source: Stellar MLS #A4700657
$509,000
$510/sqft

Neighborhood

220 Pass Key Rd #220
Sarasota, FL, 34242 · 34242 - Sarasota/Crescent Beach/Siesta Key

Market insights

Offer Insights

Choose an offer strength

List price: $509,000
$485,000 – $509,000
95.7% – 100% of listTops out right at the list price
80% of listList price
52 of the last 103 condo closings in 34242 landed at this number or higher (50%). The median one sat 122 days before it went under contract, and this one is on day 82.

Sample: 103 closed condo sales in 34242 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$3,323/mo
Principal & interest$2,655
Property taxes$414
Insurance$255
Down payment20% · $101,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$509,000

$510 per sq ft

Beds and baths

2 beds, 2 baths

Size

998 sq ft

Time on market

82 days

Year built

1973

Monthly payment

About $3,324/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,968 annual tax bill, insurance.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

Have another question?

Brokered byEXP REALTY LLCListing agent: Jeff LauerListing data from Stellar MLS, MLS# A4700657.

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