Gulf and Bay Club 5740 Midnight Pass Rd Unit 507 Sarasota, FL 34242
2
Beds
2
Baths
1,340
Sq Ft
$923/mo
HOA Fee
Highlights
- Waterfront Community
- Water Views
- Fitness Center
- Phillippi Shores Elementary School Rated A
- Water Access
- Penthouse
About This Home
As of August 2019Whatever you want to do with your day, your choices are endless living at the best that Sarasota and Siesta Key have to offer when you call Gulf & Bay Club your home. Enjoy the panoramic views of the #1 World Renowned Siesta Beach from this recently updated Penthouse level condominium located in building F, the most desirable building in the whole Club. When you walk into your new home, you will be in awe of the two large sliding doors that open up to the screened/glassed lanai perfect for relaxing and entertaining. Two bedroom/two bathroom, bright and open interiors, fully equipped updated kitchen with eat-in area, plenty of counter and cabinet space with a built-in serving bar adjoining an elegant dining area, master bedroom that opens up to the spacious and private lanai, a second bedroom which includes a full bath and two closets and of course, full access to all of the luxury resort amenities. Gulf and Bay have 8 tennis courts and 3 private pools, so you can always enjoy the vacation lifestyle! You will never want to leave your own piece of paradise just steps away from the quartz sandy beach! Come and see this unit today, you will be impressed!
Last Agent to Sell the Property
KW COASTAL LIVING III License #3275023 Listed on: 06/24/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,699
Year Built
- Built in 1986
Lot Details
- Southeast Facing Home
- Irrigation
HOA Fees
- $923 Monthly HOA Fees
Property Views
Home Design
- Penthouse
- Traditional Architecture
- Elevated Home
- Patio Home
- Slab Foundation
- Built-Up Roof
- Block Exterior
- Stucco
Interior Spaces
- 1,340 Sq Ft Home
- Open Floorplan
- Wet Bar
- Ceiling Fan
- Sliding Doors
- Combination Dining and Living Room
Kitchen
- Microwave
- Solid Surface Countertops
- Solid Wood Cabinet
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 1 Carport Space
- Reserved Parking
- Assigned Parking
Outdoor Features
- Water Access
- Balcony
- Exterior Lighting
- Outdoor Grill
Location
- Property is near public transit
Schools
- Phillippi Shores Elementary School
- Heron Creek Middle School
- Sarasota High School
Utilities
- Central Heating and Cooling System
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 507
- Assessor Parcel Number 0105046139
Community Details
Overview
- Association fees include 24-hour guard, cable TV, community pool, internet, maintenance structure, ground maintenance, maintenance repairs, pool maintenance, private road, recreational facilities, security, sewer, trash, water
- Gulf And Bay Club Bayside Condominium Association, Phone Number (941) 346-3499
- High-Rise Condominium
- Gulf & Bay Club Community
- Gulf & Bay Club Ph 6 Subdivision
- The community has rules related to deed restrictions
- Rental Restrictions
- Community features wheelchair access
- 5-Story Property
Recreation
- Racquetball
- Community Playground
Pet Policy
- Pets up to 50 lbs
- 2 Pets Allowed
Additional Features
- Elevator
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 14, 2023
Sold by
Cook Michael
Bought by
Michael Larry Cook Revocable Trust and Cook
Current Estimated Value
Purchase Details
Listed on
Jun 24, 2019
Closed on
Aug 15, 2019
Sold by
Novak Kathleen K and Kathleen K Novak Revocable Tru
Bought by
Cook Michael
Seller's Agent
Curtis Ware
KW COASTAL LIVING III
Buyer's Agent
Diane Calderaro
FINE PROPERTIES
List Price
$849,900
Sold Price
$800,000
Premium/Discount to List
-$49,900
-5.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Purchase Details
Closed on
Nov 17, 2008
Sold by
Novak Gary M and Novak Kathleen J
Bought by
Novak Kathleen J and The Kathleen J Novak Revocable Trust
Purchase Details
Closed on
Apr 2, 2004
Sold by
Afnan Jalal and Afnan Maureen
Bought by
Novak Gary M and Novak Kathleen J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 17, 2000
Sold by
Riley James R
Bought by
Afnan Jalal and Afnan Maureen
Purchase Details
Closed on
Dec 10, 1999
Sold by
United Farm Bureau Famliy Life Ins Co
Bought by
Riley James R
Similar Homes in Sarasota, FL
Create a Home Valuation Report for This Property
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $100 | None Listed On Document | |
| Quit Claim Deed | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $860,000 | -- | |
| Warranty Deed | $640,000 | -- | |
| Warranty Deed | $495,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $688,000 | New Conventional | |
| Previous Owner | $200,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2019 08/16/19 | Sold | $800,000 | -5.9% | $597 / Sq Ft |
| 06/26/2019 06/26/19 | Pending | -- | -- | -- |
| 06/24/2019 06/24/19 | For Sale | $849,900 | +6.4% | $634 / Sq Ft |
| 01/02/2013 01/02/13 | Sold | -- | -- | -- |
| 01/02/2013 01/02/13 | Off Market | $799,000 | -- | -- |
| 05/01/2012 05/01/12 | For Sale | $799,000 | -- | $596 / 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 | $8,725 | $769,728 | -- | -- |
| 2023 | $8,725 | $747,309 | $0 | $0 |
| 2022 | $8,037 | $685,349 | $0 | $0 |
| 2021 | $8,075 | $665,387 | $0 | $0 |
| 2020 | $8,123 | $656,200 | $0 | $656,200 |
| 2019 | $8,486 | $657,300 | $0 | $657,300 |
| 2018 | $7,699 | $591,100 | $0 | $591,100 |
| 2017 | $7,831 | $591,200 | $0 | $591,200 |
| 2016 | $8,277 | $613,700 | $0 | $613,700 |
| 2015 | $7,995 | $576,100 | $0 | $576,100 |
| 2014 | $7,738 | $508,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2019
Curtis Ware
KW COASTAL LIVING III
(941) 587-9122
77 in this area
177 Total Sales
-
Buyer's Agent in 2019
Diane Calderaro
FINE PROPERTIES
(941) 999-1179
47 Total Sales
About Gulf and Bay Club
Map
Source: Stellar MLS
MLS Number: A4439546
APN: 0105-04-6139
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.
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
Nearby Homes
- 5740 Midnight Pass Rd Unit 405
- 5740 Midnight Pass Rd Unit 402
- 5750 Midnight Pass Rd Unit 203
- 5760 Midnight Pass Rd Unit 404
- 5790 Midnight Pass Rd Unit 104
- 5830 Midnight Pass Rd Unit 108
- 5830 Midnight Pass Rd Unit 502
- 5780 Midnight Pass Rd Unit 410
- 5780 Midnight Pass Rd Unit 210
- 5780 Midnight Pass Rd Unit 303
- 5780 Midnight Pass Rd Unit 710
- 1001 Beach Rd Unit A203
- 1055 Beach Rd Unit B302
- 1129 Lake House Cir Unit C113
- 1159 Lake House Cir Unit C120
- 925 Beach Rd Unit 408
- 901 Beach Rd Unit 402
- 915 Beach Rd Unit 215
- 915 Beach Rd Unit 321
- 5623 Midnight Pass Rd Unit 615