NOT LISTED FOR SALE

Gulf and Bay Club 5740 Midnight Pass Rd Unit 306 Sarasota, FL 34242

Estimated Value: $1,460,000 - $1,935,000

3 Beds
2 Baths
1,757 Sq Ft
$635/mo HOA Fee

Last Sold September 24, 2013

Last sale price $1,051,500 $598 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $11,056/month

11 Days on Market

Highlights

  • Beach Front
  • Water Access
  • Spa
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • Full Gulf or Ocean Views

About This Home

As of September 2013

ACTIVE WITH CONTRACT. Enjoy Peaceful and Sweeping views of the Gulf of Mexico and Siesta Key from this incredible 3 bedroom, 2 bath end unit. Located in Building F in the Gulf and Bay Club, this is a rarely available floor plan that is sure to please. Amenities include a private beach, stunning landscape, three heated pools, gated entry, fitness center, 8 tennis courts & racquet ball, a car wash area, club house and more. Gulf and Bay Club is a well maintained community with 40 acres directly on the Gulfof Mexico and on site rental management. This is a once in a lifetime opportunity for a truly unique property that is steps to the powdery white sands of Siesta Key. Perfect for both homeowners and investors. MULTIPLE OFFER SITUATION. HIGHEST AND BEST BY5pm on 7-18-13

Last Agent to Sell the Property

Stephan Scalera

RE/MAX ALLIANCE GROUP Brokerage Phone: 941-758-7777 License #3050387 Listed on: 07/10/2013

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Marc Turgeon

License #0645136

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,332

Year Built

  • Built in 1986

Lot Details

  • Mature Landscaping
  • Irrigation
  • Fruit Trees
  • Zero Lot Line

HOA Fees

  • $635 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Stem Wall Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,757 Sq Ft Home

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Additional Features

  • Enhanced Accessible Features
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 306 / F
  • Assessor Parcel Number 0105046122

Community Details

Overview

  • Association fees include pool, escrow reserves fund, maintenance structure, ground maintenance, maintenance, management, pest control, recreational facilities
  • Gulf And Bay 941 349 3000 Association
  • Gulf And Bay Club Ph 6 Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Handicap Modified Features In Community

Recreation

  • Racquetball
  • Recreation Facilities
  • Shuffleboard Court
  • Community Spa

Pet Policy

  • No Pets Allowed

Additional Features

  • Elevator
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,332

Year Built

Built in 1986

Lot Details

0

HOA Fees

$635 per month

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1757
  • New Construction: No
  • Year Built: 1986
  • Accessibility Features: Enhanced Accessible
  • Building Area Total: 1869
  • Directions to Property: From Midnight Pass Road to 5730 Gulf and Bay. Stop in the front office and sign in for the elevator code. Then go through guard gate to Building F. Lockbox is on railing to the right of the front door.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Floor Number: 3
  • List Office Head Office Key Nume: 1047486
  • RATIO Current Price By Calculate: 598.46
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Property Description: End Unit,Mid Rise
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 941-758-7777
  • Tax Year: 2012
  • Special Features: 5120
  • Stories: 0

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Appliances Included: None
  • Foundation Details: Stem Wall
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Street Number Modifier: 5740
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 163.23
  • Room Count: 7

Exterior Features

  • Other Structures: Outdoor Kitchen
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness Center, Gated, Handicap Modified, Pool, Racquetball, Tennis Courts, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Gated, Handicap Modified, Maintenance, Racquetball, Recreation Facilities, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 1905
  • Association Fee Frequency: Quarterly
  • Association Name: GULF AND BAY 941-349-3000
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association Fee Requirement: Required
  • Building Name Number: F

Fee Information

  • Total Annual Fees: 7620.00
  • Total Monthly Fees: 635.00

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105046122
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, Zero Lot Line
  • Homestead YN: 0
  • Future Land Use: 0404

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Expected Lease Date: 2013-09-24T00:00:00.000

Tax Info

  • Tax Annual Amount: 11332
  • Tax Block: F
  • Tax Book Number: 0025/0035
  • Tax Lot: 306

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2013
Closed on
Sep 18, 2013
Sold by
Suntrust Mortgage Inc
Bought by
Malone William Edward and Malone Sharon Jean
Seller's Agent
Stephan Scalera
RE/MAX ALLIANCE GROUP
Buyer's Agent
Marc Turgeon
List Price
$899,900
Sold Price
$1,051,500
Premium/Discount to List
$151,600
16.85%
Current Estimated Value
$1,677,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$625,564
Avg. Annual Appreciation
5.30%

Purchase Details

Closed on
Apr 13, 2013
Sold by
Svilar Dennis M
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Nov 20, 2002
Sold by
Svilar Dennis M
Bought by
Svilar Dennis M
Source: Public Records

Range of Values:

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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
Malone William Edward $1,051,500 Stewart Title Company
Suntrust Mortgage Inc $982,800 None Available
Svilar Dennis M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Svilar Dennis M $0
Previous Owner Svilar Dennis $400,000
Previous Owner Svilar Dennis M $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2013 09/24/13 Sold $1,051,500 +16.8% $598 / Sq Ft
07/21/2013 07/21/13 Pending -- -- --
07/09/2013 07/09/13 For Sale $899,900 -- $512 / 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
2024 $15,400 $1,232,772 -- --
2023 $15,400 $1,422,500 $0 $1,422,500
2022 $13,537 $1,197,200 $0 $1,197,200
2021 $11,741 $926,200 $0 $926,200
2020 $11,242 $866,600 $0 $866,600
2019 $12,908 $1,006,600 $0 $1,006,600
2018 $15,406 $1,206,800 $0 $1,206,800
2017 $15,136 $1,108,140 $0 $0
2016 $13,414 $1,007,400 $0 $1,007,400
2015 $12,951 $945,800 $0 $945,800
2014 $12,530 $834,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephan Scalera

    Seller's Agent in 2013

    Stephan Scalera

    RE/MAX

    (941) 705-2827

    110 Total Sales

    Section Image

  • M

    Buyer's Agent in 2013

    Marc Turgeon

See All Agents

About Gulf and Bay Club

Map

Source: Stellar MLS

MLS Number: M5838756

Stellar MLS

APN: 0105-04-6122

Florida Sarasota County Sarasota 34242

5740 Midnight Pass Rd Unit 306, Sarasota, FL

This home is located at 5740 Midnight Pass Rd Unit 306, Sarasota, FL 34242 since 10 July 2013 and is currently estimated at $1,677,064, approximately $954 per square foot. This property was built in 1986. 5740 Midnight Pass Rd Unit 306 is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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