Gulf and Bay Club 5740 Midnight Pass Rd Unit 506 Sarasota, FL 34242
Estimated Value: $2,223,000 - $2,341,859
3
Beds
2
Baths
2,004
Sq Ft
$1,586/mo
HOA Fee
Highlights
- 1,600 Feet of Waterfront
- Beach View
- Fitness Center
- Phillippi Shores Elementary School Rated A
- Water access To Gulf or Ocean
- Heated In Ground Pool
About This Home
As of January 2025Discover the ultimate coastal lifestyle in this elegant 3 Bed/2 Bath condo, perfectly situated on the top floor of the beachfront F building at Gulf & Bay Club with breathtaking views of Siesta Key Beach. Spanning over 2000 square feet, this corner unit has been completely renovated and is offered turnkey furnished, ready for immediate enjoyment. Step inside to find sleek porcelain tile floors, recessed ceiling lighting, and an open floor plan that seamlessly blends elegance with functionality. The chef's kitchen is a showstopper, featuring stainless steel appliances, quartz countertops, solid wood cabinets with soft-close doors and drawers, a breakfast bar, a spacious island, and a dry bar with a 2-drawer beverage fridge. The beach facing windows are all impact glass, and there are remote-controlled shades on every window to complement the natural light. The spacious master suite is a private oasis with a spa-like bathroom boasting dual sinks and a stunning blue granite walk-in shower. There is plenty of storage with a linen closet and a walk-in closet with built-ins. Two additional bedrooms provide ample comfort for your guests. Additional highlights include a foyer with a coat closet and a bench seat with additional storage. You will appreciate the convenience of your own laundry room. This exceptional condo offers the perfect combination of luxury, comfort, and unbeatable coastal living. Nestled on 32 lushly landscaped acres, Gulf & Bay Club offers the ultimate resort-style living. With 800 feet of private beach, you’ll enjoy breathtaking views, serene sunsets, and direct access to your own slice of paradise. This vibrant gated complex is designed for relaxation and recreation. Amenities include 3 sparkling swimming pools, a rejuvenating indoor hot tub, several dry saunas, pickleball, tennis, basketball, racquetball, and shuffleboard courts. There are two clubhouses, a well-appointed fitness center, multiple BBQ areas, Electric Vehicle charging stations, and a car wash area. A guest suite, available exclusively for owners can be reserved for visiting family and friends. Just a short stroll or free shuttle ride to the Siesta Key Village restaurants and shops or a short drive to downtown Sarasota, this community combines tranquil coastal living with easy access to urban conveniences. Whether you’re relaxing on the beach or staying active on the courts, Gulf & Bay Club truly has something for everyone. It is more than just a home—it’s a lifestyle.
Last Agent to Sell the Property
COLDWELL BANKER REALTY Brokerage Phone: 941-366-8070 License #3125067 Listed on: 11/30/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $15,405
Year Built
- Built in 1986
Lot Details
- South Facing Home
- Mature Landscaping
- Street paved with bricks
HOA Fees
- $1,586 Monthly HOA Fees
Property Views
Home Design
- Turnkey
- Stem Wall Foundation
- Built-Up Roof
- Block Exterior
- Stucco
Interior Spaces
- 2,004 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Built-In Features
- Shelving
- Bar Fridge
- Bar
- Dry Bar
- Tray Ceiling
- Ceiling Fan
- Shades
- Entrance Foyer
- Family Room Off Kitchen
- Combination Dining and Living Room
- Inside Utility
- Tile Flooring
- Security Gate
Kitchen
- Built-In Convection Oven
- Range Hood
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Granite Countertops
- Solid Wood Cabinet
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Closet Cabinetry
- Walk-In Closet
- 2 Full Bathrooms
- Tall Countertops In Bathroom
- Makeup or Vanity Space
- Dual Sinks
- Shower Only
- Multiple Shower Heads
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 1 Carport Space
- 1 Parking Garage Space
Pool
- Heated In Ground Pool
- Heated Spa
- Gunite Pool
Outdoor Features
- Water access To Gulf or Ocean
- Deeded access to the beach
- Access To Lagoon or Estuary
- Gazebo
- Outdoor Grill
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Sarasota High School
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Underground Utilities
- Electric Water Heater
- Cable TV Available
Additional Features
- Reclaimed Water Irrigation System
- Property is near public transit
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 506 / F
- Assessor Parcel Number 0105046138
Community Details
Overview
- Association fees include 24-Hour Guard, cable TV, common area taxes, pool, escrow reserves fund, internet, maintenance structure, ground maintenance, management, pest control, private road, recreational facilities, security, sewer, trash, water
- Ryan Bauman Association, Phone Number (941) 323-3000
- Visit Association Website
- Gulf & Bay Club Community
- Gulf & Bay Club Ph 6 Subdivision
- Association Owns Recreation Facilities
- The community has rules related to vehicle restrictions
Amenities
- Sauna
- Elevator
- Community Mailbox
Recreation
- Community Basketball Court
- Racquetball
- Recreation Facilities
- Shuffleboard Court
- Community Spa
Pet Policy
- No Pets Allowed
Security
- Security Guard
- Card or Code Access
- Gated Community
- High Impact Windows
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 30, 2024
Closed on
Jan 9, 2025
Sold by
F506 Llc
Bought by
Tomasso Christopher A and Tomasso Melissa C
Seller's Agent
Tina Johns
COLDWELL BANKER REALTY
Buyer's Agent
Joanna Benante
MICHAEL SAUNDERS & COMPANY
List Price
$2,590,000
Sold Price
$2,350,000
Premium/Discount to List
-$240,000
-9.27%
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$54,785
Avg. Annual Appreciation
-2.98%
Purchase Details
Closed on
Jul 23, 2016
Sold by
Winifred Audrey Lillian and Mcclure Linda Mary
Bought by
F506 Llc
Purchase Details
Closed on
Jul 22, 2016
Sold by
Houston Audrey Lillian Winnifred and Mcclure Linda Mary
Bought by
F506 Llc
Purchase Details
Closed on
Jun 18, 2014
Sold by
Houston Audrey Lillian Winnifred and Mcclure Linda Mary
Bought by
Houston Audrey Lillian Winnifred and Mcclure Linda Mary
Purchase Details
Closed on
Nov 16, 2012
Sold by
Houston Robert W and Houston Audrey L W
Bought by
Houston Robert W
Purchase Details
Closed on
Feb 28, 1997
Sold by
Roberts Christopher J and Roberts Penelope Jean
Bought by
Houston Robert W and Houston Audrey L W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
7.91%
Similar Homes in Sarasota, FL
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tomasso Christopher A | $2,350,000 | None Listed On Document | |
| Tomasso Christopher A | $2,350,000 | None Listed On Document | |
| F506 Llc | $750,000 | None Available | |
| F506 Llc | $750,000 | None Available | |
| Houston Audrey Lillian Winnifred | -- | Attorney | |
| Houston Audrey Lillian Winnifred | -- | Attorney | |
| Houston Robert W | -- | Attorney | |
| Houston Robert W | $695,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Houston Robert W | $750,000 | |
| Previous Owner | Houston Robert W | $495,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/09/2025 01/09/25 | Sold | $2,350,000 | -9.3% | $1,173 / Sq Ft |
| 12/10/2024 12/10/24 | Pending | -- | -- | -- |
| 11/30/2024 11/30/24 | For Sale | $2,590,000 | -- | $1,292 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $15,405 | $1,384,395 | -- | -- |
| 2023 | $15,405 | $1,429,900 | $0 | $1,429,900 |
| 2022 | $13,451 | $1,189,700 | $0 | $1,189,700 |
| 2021 | $11,642 | $916,600 | $0 | $916,600 |
| 2020 | $11,129 | $856,200 | $0 | $856,200 |
| 2019 | $12,722 | $990,300 | $0 | $990,300 |
| 2018 | $14,940 | $1,168,000 | $0 | $1,168,000 |
| 2017 | $15,200 | $1,168,100 | $0 | $1,168,100 |
| 2016 | $14,477 | $1,087,700 | $0 | $1,087,700 |
| 2015 | $13,977 | $1,021,100 | $0 | $1,021,100 |
| 2014 | $13,521 | $900,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tina Johns
Seller's Agent in 2025
Tina Johns
COLDWELL BANKER REALTY
(941) 323-4775
18 in this area
32 Total Sales
-
Joanna Benante
Buyer's Agent in 2025
Joanna Benante
Michael Saunders
(941) 356-7718
6 in this area
156 Total Sales
About Gulf and Bay Club
Map
Source: Stellar MLS
MLS Number: A4628639
APN: 0105-04-6138
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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