NOT LISTED FOR SALE

Gulf and Bay Club 5740 Midnight Pass Rd Unit 106 Sarasota, FL 34242

Estimated Value: $1,419,000 - $1,644,000

3 Beds
2 Baths
1,869 Sq Ft
$1,555/mo HOA Fee

Last Sold March 31, 2023

Last sale price $1,695,000 $907 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $10,551/month

84 Days on Market

Highlights

  • 800 Feet of Ocean or Gulf Waterfront
  • Beach View
  • Fitness Center
  • Phillippi Shores Elementary School Rated A
  • Beach Access
  • Heated In Ground Pool

About This Home

As of March 2023

One or more photo(s) has been virtually staged. Rarely available in Gulf & Bay, a 3 bedroom 2 bath ground floor END unit in the most desirable building "F" with unobstructed views of Siesta Key's white sand beach and the Gulf of Mexico. Gulf & Bay is without a doubt the finest beachfront condo complex on Siesta Key. With 32 acres of pristine grounds and 800' of private beach, you'll notice the difference the moment you're through the gates. Brick paver walkways and streets are accompanied by meticulously maintained landscaping that surrounds the six buildings. This unit offers not only three bedrooms, but an oversized kitchen with lots of custom wood cabinets, granite countertops, and built-in office space. The large interior laundry room with a full-sized washer and dryer and walk-in pantry are luxuries difficult to find on Siesta Key. The current owners replaced the AC in 2022 and the hot water heater in 2021. Gulf & Bay has so many amenities such as 24-hour security, two clubhouses, three heated pools, eight tennis courts, events, cultural outings, electric vehicle charging stations, and so much more. Come see what makes Gulf & Bay so special.

Last Agent to Sell the Property

Mary Jo Violett

MICHAEL SAUNDERS & COMPANY License #0673305 Listed on: 12/16/2022

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Ethel Lovelace

MICHAEL SAUNDERS & COMPANY License #0598345

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,753

Year Built

  • Built in 1986

Lot Details

  • End Unit
  • East Facing Home
  • Street paved with bricks

HOA Fees

  • $1,555 Monthly HOA Fees

Property Views

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,869 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Inside Utility

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Reserved Parking
  • Assigned Parking

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Enclosed Patio or Porch
  • Outdoor Grill

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, pest control, private road, recreational facilities, security, sewer, trash
  • Becky Joy Association, Phone Number (941) 349-3000
  • Gulf & Bay Club Community
  • Gulf & Bay Club Ph 6 Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • 5-Story Property

Amenities

  • Elevator

Recreation

  • Recreation Facilities
  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Card or Code Access
  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,753

Year Built

Built in 1986

Lot Details

0

HOA Fees

$1,555 per month

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Private Road, Recreational Facilities, Security, Sewer, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1869
  • New Construction: No
  • Year Built: 1986
  • Building Area Total: 1869
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 173.64
  • Escrow State: FL
  • Floor Number: 1
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 906.90
  • Total Acreage: Non-Applicable
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: End Unit
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Stories: 5
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Owner
  • Additional Rooms: Inside Utility
  • Living Area Meters: 173.64

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated, In Ground
  • Exterior Features: Irrigation System, Outdoor Grill
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Rear Porch
  • Road Surface Type: Brick
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Beach,Beach - Access Deeded,Gulf/Ocean
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 800
  • Flood Zone Panel: 12115C0143F
  • Water Frontage Feet Gulf Ocean: 800

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Reserved

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness Center, Gated, Irrigation-Reclaimed Water, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Security, Spa/Hot Tub, Tennis Court(s)
  • Association Name: Becky Joy
  • Phone: 941-349-3000
  • Association: Yes
  • Security: Fire Sprinkler System, Gated Community
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Condo Fees: 4665
  • Condo Land Included YN: 0
  • Association Email: rjoy@castlegroup.com
  • Monthly Condo Fee Amount: 1555

Fee Information

  • Total Annual Fees: 18660.00
  • Total Monthly Fees: 1555.00

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105046106
  • Additional Parcels: No
  • Lot Features: Street Brick
  • Flood Zone Code: AE

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Association

Tax Info

  • Tax Annual Amount: 10753.18
  • Tax Book Number: 1326-768
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Gulf/Ocean
  • Approval Process: See Association

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2022
Closed on
Mar 31, 2023
Sold by
Michelson Jack and Michelson Hannah
Bought by
Cella David and Webster Kimberly A
Seller's Agent
Mary Jo Violett
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Ethel Lovelace
MICHAEL SAUNDERS & COMPANY
List Price
$1,900,000
Sold Price
$1,695,000
Premium/Discount to List
-$205,000
-10.79%
Views
118
Current Estimated Value
$1,462,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$232,766
Avg. Annual Appreciation
-3.93%

Purchase Details

Closed on
Jul 27, 2007
Sold by
Wolfe Robert G and Wolfe Eleanor S
Bought by
Michelson Jack and Michelson Hannah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2002
Sold by
Heritage Investments L L C
Bought by
Wolfe Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 1999
Sold by
1Nited Farm Bureau Family Life Ins Co
Bought by
Heritage Inv L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
7.94%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cella David $16,950 Msc Title
Michelson Jack $2,100,000 Attorney
Wolfe Robert G $900,000 --
Heritage Inv L L C $810,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Michelson Jack $450,000
Previous Owner Wolfe Robert G $645,000
Previous Owner Heritage Inv L L C $648,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $1,695,000 -5.8% $907 / Sq Ft
03/11/2023 03/11/23 Pending -- -- --
02/20/2023 02/20/23 Price Changed $1,800,000 -5.3% $963 / Sq Ft
12/16/2022 12/16/22 For Sale $1,900,000 -- $1,017 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,742 $1,244,900 -- $1,244,900
2024 $15,269 $1,314,600 -- $1,314,600
2023 $15,269 $1,486,900 $0 $1,486,900
2022 $12,407 $1,094,300 $0 $1,094,300
2021 $10,753 $845,000 $0 $845,000
2020 $10,278 $789,200 $0 $789,200
2019 $11,745 $912,900 $0 $912,900
2018 $13,949 $1,089,600 $0 $1,089,600
2017 $14,191 $1,089,700 $0 $1,089,700
2016 $15,982 $1,206,300 $0 $1,206,300
2015 $15,428 $1,132,500 $0 $1,132,500
2014 $14,922 $999,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Jo Violett

    Seller's Agent in 2023

    Mary Jo Violett

    Michael Saunders

    (941) 928-8474

    15 in this area

    60 Total Sales

    Mary Jo Violett
    Section Image
  • Ethel Lovelace

    Buyer's Agent in 2023

    Ethel Lovelace

    Michael Saunders

    (941) 586-7390

    40 in this area

    76 Total Sales

    Ethel Lovelace
    Section Image
  • Mina Johnson

    Buyer Co-Listing Agent in 2023

    Mina Johnson

    Michael Saunders

    (941) 404-9347

    42 in this area

    88 Total Sales

    Mina Johnson
    Section Image
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About Gulf and Bay Club

Map

Source: Stellar MLS

MLS Number: A4553590

Stellar MLS

APN: 0105-04-6106

Florida Sarasota County Sarasota 34242

5740 Midnight Pass Rd Unit 106, Sarasota, FL

Not Listed for Sale

Condos

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