NOT LISTED FOR SALE

5750 Midnight Pass Rd Unit 309 Sarasota, FL 34242

Estimated Value: $1,021,000 - $1,277,000

2 Beds
2 Baths
1,335 Sq Ft
$1,694/mo HOA Fee

Last Sold April 01, 2024

Last sale price $1,400,000 $1,049 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $8,792/month

40 Days on Market

Highlights

  • 2,400 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 April 2024

Exquisite, fully updated, turnkey furnished, 2-bedroom, 2-bath beach oasis! Located in the heart of Siesta Key at the exclusive upscale Gulf & Bay Club. Featuring high end detailed finishes and interiors professionally crafted to perfection. This unit is a rare find in the highly sought-after E Building with direct beach access just steps away from your front door. Enjoy breath taking sunsets from your personal balcony. The sandy white powder stretches 800 feet across this pristine 32-acre meticulously cared for tropical community. Enjoy the comfort of 24-hour gated security, heated pools, fitness center, dry saunas, hot tub, tennis courts, racquetball and pickleball courts. Multiple barbecues and tiki hut picnic areas are great for entertaining your guests. The clubhouse has a library, bar, pool table and TVs for your enjoyment. Electric car charging stations and on-site car wash. You are moments away from Siesta Village to enjoy outdoor dining with live music, specialty shopping and more! Take a short trip to downtown and discover theater, art and fine dining. This is the island resort lifestyle you have been looking for, don't let your chance of fine beach living slip away.

Last Agent to Sell the Property

Robert Sherman

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3099603 Listed on: 12/07/2023

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Karen Iantorno

COLDWELL BANKER REALTY License #3389256

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,154

Year Built

  • Built in 1984

Lot Details

  • 2,400 Feet of Waterfront
  • 1,600 Feet of Ocean or Gulf Waterfront
  • 800 Feet of Public Beach Waterfront
  • Southwest Facing Home
  • Landscaped
  • Street paved with bricks

HOA Fees

  • $1,694 Monthly HOA Fees

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Entry on the 3rd floor
  • Turnkey
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,335 Sq Ft Home
  • Open Floorplan
  • Bar Fridge
  • Dry Bar
  • Crown Molding
  • Ceiling Fan
  • Tinted Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Electric Vehicle Home Charger
  • Common or Shared Parking
  • Guest Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Hallway
  • Accessible Approach with Ramp

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Saltwater Pool
  • Chlorine Free
  • Pool Tile
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Lagoon or Estuary
  • Screened Patio
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, pool, escrow reserves fund, internet, maintenance structure, ground maintenance, management, pest control, security, sewer, trash, water
  • Gulf & Bay Club Community
  • Gulf & Bay Club Ph 5 Subdivision
  • Community features wheelchair access
  • 7-Story Property

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Racquetball
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • No Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,154

Year Built

Built in 1984

Lot Details

0

HOA Fees

$1,694 per month

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Pool, Escrow Reserves Fund, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1335
  • New Construction: No
  • Year Built: 1984
  • Accessibility Features: Accessible Approach with Ramp, Accessible Elevator Installed, Accessible Hallway(s)
  • Building Area Total: 1471
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 136.66
  • Escrow State: FL
  • Floor Number: 3
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 1048.69
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Water Frontage Feet Beach: 800
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Water Access,Waterfront
  • Attribution Contact: 941-364-4000
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Dry Bar, Eat-in Kitchen, Elevator, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 7
  • Window Features: Tinted Windows
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 124.03

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Chlorine Free, Heated, In Ground, Lighting, Salt Water, Tile
  • Exterior Features: Outdoor Grill, Tennis Court(s)
  • Roof: Built-Up
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Screened
  • Road Surface Type: Brick
  • Water Access: Beach,Gulf/Ocean,Lagoon
  • Water Extras: Sailboat Water
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 2400
  • Flood Zone Panel: 12115C0143F
  • Additional Water Information: See view
  • Water Frontage Feet Gulf Ocean: 1600

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Common, Covered, Electric Vehicle Charging Station(s), Guest

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, 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, Clubhouse, Fitness Center, Gated Community - Guard, Pool, Racquetball, Sidewalks, Tennis Courts, Wheelchair Access
  • Association Amenities: Elevator(s), Fitness Center, Gated, Pickleball Court(s), Spa/Hot Tub, Tennis Court(s)
  • Association: Yes
  • Security: Fire Sprinkler System, Gated Community, Key Card Entry
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: None
  • Condo Fees: 5082
  • Condo Land Included YN: 0
  • Monthly Condo Fee Amount: 1694
  • Management: Full Time

Fee Information

  • Total Annual Fees: 20328.00
  • Total Monthly Fees: 1694.00

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105046028
  • Additional Parcels: No
  • Lot Features: Landscaped, Level
  • Flood Zone Code: AE

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Minimum 28 day rentals
  • Month To Month Or Weekly YN: 0

Tax Info

  • Tax Annual Amount: 13154
  • Tax Block: E
  • Tax Book Number: 1326-768
  • Tax Lot: 309

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean
  • Approval Process: Contact Gulf and Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2023
Closed on
Apr 1, 2024
Sold by
Stefanie Holderied Revocable Trust and Holderied Stefanie
Bought by
Gst Exempt Lifetime Protection Trust and Porter
Seller's Agent
Robert Sherman
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Karen Iantorno
COLDWELL BANKER REALTY
List Price
$1,450,000
Sold Price
$1,400,000
Premium/Discount to List
-$50,000
-3.45%
Views
45
Current Estimated Value
$1,150,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$249,059
Avg. Annual Appreciation
-10.20%

Purchase Details

Closed on
Oct 11, 2023
Sold by
Holderied Stefanie
Bought by
Stefanie Holderied Revocable Trust and Holderied

Purchase Details

Closed on
May 31, 2022
Sold by
Holderied Stefanie and Holderied W
Bought by
Stefanie Holderied Revocable Trust and Winfried W Holderied Revocable Trust

Purchase Details

Listed on
Jun 4, 2021
Closed on
Aug 9, 2021
Sold by
Wilk Konrad and Wilk Dorothy
Bought by
Holderied Stefanie and Holderied W
Seller's Agent
Sylvia Wilk
PREFERRED SHORE LLC
Buyer's Agent
Sylvia Wilk
PREFERRED SHORE LLC
List Price
$1,495,000
Sold Price
$1,395,000
Premium/Discount to List
-$100,000
-6.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.21%

Purchase Details

Listed on
Nov 11, 2019
Closed on
Feb 7, 2020
Sold by
Us Bank National Association
Bought by
Wik Dorothy and Wilk Konrad
Seller's Agent
April Feeser
REALHOME SERVICE & SOLUTIONS INC
Buyer's Agent
Joseph Spenia
MICHAEL SAUNDERS & COMPANY
List Price
$760,300
Sold Price
$700,000
Premium/Discount to List
-$60,300
-7.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.42%

Purchase Details

Closed on
Jul 9, 2019
Sold by
Adams Robert A and Adams Sheilah C
Bought by
Us Bank National Association

Purchase Details

Closed on
May 25, 1994
Sold by
Kennedy Alfred G
Bought by
Adams Robert A and Adams Sheilah C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
8.46%
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
Gst Exempt Lifetime Protection Trust $1,400,000 None Listed On Document
Stefanie Holderied Revocable Trust $100 None Listed On Document
Holderied Stefanie $100 None Listed On Document
Stefanie Holderied Revocable Trust $100 None Listed On Document
Holderied Stefanie $1,395,000 Attorney
Wik Dorothy $700,000 Premium Title Svcs Fl Inc
Us Bank National Association $620,501 None Available
Adams Robert A $317,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams Robert A $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2024 04/01/24 Sold $1,400,000 -3.4% $1,049 / Sq Ft
01/17/2024 01/17/24 Pending -- -- --
12/07/2023 12/07/23 For Sale $1,450,000 +3.9% $1,086 / Sq Ft
08/09/2021 08/09/21 Sold $1,395,000 -6.7% $1,045 / Sq Ft View Prior Sale
06/18/2021 06/18/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $1,495,000 +113.6% $1,120 / Sq Ft
03/02/2020 03/02/20 Sold $700,000 0.0% $524 / Sq Ft View Prior Sale
01/23/2020 01/23/20 Pending -- -- --
01/21/2020 01/21/20 Off Market $700,000 -- --
01/14/2020 01/14/20 For Sale $760,300 +8.6% $570 / Sq Ft
01/10/2020 01/10/20 Off Market $700,000 -- --
12/19/2019 12/19/19 Price Changed $760,300 0.0% $570 / Sq Ft
12/19/2019 12/19/19 For Sale $760,300 +8.6% $570 / Sq Ft
12/17/2019 12/17/19 Off Market $700,000 -- --
11/21/2019 11/21/19 For Sale $800,300 +14.3% $599 / Sq Ft
11/19/2019 11/19/19 Off Market $700,000 -- --
11/07/2019 11/07/19 For Sale $800,300 -- $599 / Sq Ft
Source: Stellar MLS

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 $11,883 $996,500 -- $996,500
2024 $13,154 $985,700 -- $985,700
2023 $13,154 $1,149,500 $0 $1,149,500
2022 $11,403 $936,400 $0 $936,400
2021 $7,788 $605,000 $0 $605,000
2020 $7,473 $567,400 $0 $567,400
2019 $6,824 $555,618 $0 $0
2018 $6,689 $545,258 $0 $0
2017 $6,661 $534,043 $0 $0
2016 $6,642 $617,100 $0 $617,100
2015 $6,768 $579,300 $0 $579,300
2014 $6,744 $507,686 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4591827

Stellar MLS

APN: 0105-04-6028