1200 E PEPPERTREE LANE UNIT 402, SARASOTA, FL, 34242
Active187 days on marketListed Feb 1, 2026MLS #TB8470480
About this home
1200 E PEPPERTREE LANE UNIT 402
This condo is a 30-night minimum. Condo 1200-402 at Peppertree Bay on Siesta Key This 2 bedroom, 2 bathrooms recently remodeled, is only steps away from Crescent Beach and is located on the 4th floor. This condo comfortably sleeps 6 guests. The master King bedroom is equipped with a 43'' Smart TV for your entertainment and a ceiling fan. The master bathroom has a walk-in shower. The guest bedroom is furnished with 2 twins and is also equipped with a 43'' Smart TV. The guest bathroom has a bath tub. The kitchen has been updated and is fully equipped with granite counter tops and stainless steel appliances and is supplied with the necessary items you need for cooking (pots/pans, dishes, utensils) and a 12-cup standard coffee maker and has a Keurig. The living room is well-appointed with a 50" Smart TV for your entertainment. There is a full-size washer and dryer in the laundry room area. There is assigned parking located in the parking garage. This condo has tile throughout and tile in the bedrooms as well. We give free Internet access, beach access, tennis courts, state-of-art fitness center, saunas, access to two heated swimming pools and ice machines in both clubhouses for your enjoyment. There is also a fishing pier located on the bay-side of our property. No pets are permitted on the property.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,163
Sqft
2.34 ac
Lot size
1
Garage
1973
Year built
One
Levels
$7
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$220 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$220/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Sarasota actives
$7 vs $344
Days on market
187 vs 61 typical
Where $7/sqft sits among the 400 Sarasota actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Sarasota
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sarasota. See the full Sarasota guide →
The numbers that matter
The Sarasota market
$475K → $493K
Sarasota median sold, yr/yr
95.2%
Sale-to-list ratio (12 mo)
161 of 400
Sarasota actives have cut their price
Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 98% below the SARASOTA 34242 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 1200 E PEPPERTREE LANE UNIT 402
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$875,000
6047 E PEPPERTREE WAY UNIT 224 · same community
2 bd · 2 ba · 1,180 sqft · $742/sqft · 53 DOM
Sold · Nov ’25$632,500
1200 E PEPPERTREE LANE UNIT 607 · same community
2 bd · 2 ba · 1,200 sqft · $527/sqft · 306 DOM
Sold · Sep ’25$425,000
6029 E PEPPERTREE WAY UNIT 116 · same community
2 bd · 1.5 ba · 975 sqft · $436/sqft · 234 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
John Carpenter
CFO/Broker · CENTURY 21 Edge
Tours, negotiation, and every question about 1200 E PEPPERTREE LANE UNIT 402 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1200 E PEPPERTREE LANE UNIT 402 — before you fall in love.
See it in person
Schedule a tour
Live availability from John's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1200 E PEPPERTREE LANE UNIT 402 FAQs
What would the monthly payment be for 1200 E PEPPERTREE LANE UNIT 402?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $220/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
Are pets allowed at 1200 E PEPPERTREE LANE UNIT 402?+
The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Sarasota?+
At $8,300, this home is listed about 99% below the Sarasota median of $569,000. The market section on this page shows how the area is trending.
The brief
Three things that matter here
01Under the SARASOTA 34242 market on paper
$8,300 is 98% below the SARASOTA 34242 median of $474,000, and at $7/sqft it sits under the Sarasota average of $496.
02Move-in furnished
The furniture conveys — a genuine head start for a second home or rental, and one less five-figure line item after closing.
03Time on market is leverage
187 days on market against a Sarasota median of 61 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of DESTINATION FLORIDA RENTALS & REAL ESTATE · Heather Sutter. MLS #TB8470480.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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