NOT LISTED FOR SALE

5750 Midnight Pass Rd Unit 406 Sarasota, FL 34242

Siesta Key Area

Estimated Value: $1,214,000 - $1,397,000

2 Beds
2 Baths
1,471 Sq Ft
5.93 Acre Lot

Sale Details

Date Sold: May 12, 2023

Last sale price $1,400,000 $952 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $9,849 / mo

2 Days on Market

Highlights

  • 1,650 Feet of Ocean or Gulf Waterfront
  • Beach View
  • Fitness Center
  • Phillippi Shores Elementary School Rated A
  • Water access To Gulf or Ocean
  • 3-minute walk to Siesta Key Playground

About This Home

As of May 2023

Savor sweeping views of azure Gulf of Mexico waters and pristine sugar-white sand in this beautifully renovated 2-bedroom, 2-bath residence in the gated Gulf and Bay Club on Siesta Key. Breathtaking nightly sunsets can be enjoyed from your residence or the community’s expansive private beach. High-end engineered wood flooring is found throughout the 1,471-SF unit, which features remodeled bathrooms, kitchen with stone countertops and all Jenn-Air appliances, and primary suite with dual sinks. Another notable highlight: There are no popcorn ceilings. The Gulf and Bay Club offers a wonderful array of amenities, including three heated pools, hot tub, saunas, fitness center, tennis/pickleball courts, two clubhouses, pool tables, a library, electric vehicle charging stations, barbecue areas. A fabulous island lifestyle awaits in this charming, sophisticated waterfront community.

Last Agent to Sell the Property

Denise Mei

MICHAEL SAUNDERS & COMPANY License #3253049 Listed on: 04/07/2023

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Beth Ann Boyer

MICHAEL SAUNDERS & COMPANY License #3038952

MICHAEL SAUNDERS & COMPANY

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,485

Year Built

  • Built in 1984

Lot Details

  • 1,650 Feet of Ocean or Gulf Waterfront
  • Southwest Facing Home
  • Vinyl Fence
  • Street paved with bricks

HOA Fees

  • $1,555 Monthly HOA Fees

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Entry on the 4th floor
  • Turnkey
  • Stem Wall Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,471 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Solar Screens
  • Living Room
  • Inside Utility
  • Engineered Wood Flooring

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Electric Vehicle Home Charger
  • Workshop in Garage
  • Guest Parking
  • Assigned Parking

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Outdoor Shower
  • Water access To Gulf or Ocean
  • Access To Lagoon or Estuary
  • Deeded access to the beach
  • Exterior Lighting
  • Outdoor Grill
  • Private Mailbox

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, management, pest control, private road, recreational facilities, security, sewer, trash, water
  • Becky Joy Association, Phone Number (941) 349-3000
  • Visit Association Website
  • High-Rise Community
  • Gulf N Bay Community
  • Gulf & Bay Club Ph 5 Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions, deed restrictions, no truck, recreational vehicles, or motorcycle parking
  • 7-Story Property

Recreation

  • Tennis Courts
  • Racquetball
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,485

Year Built

Built in 1984

Lot Details

5.93 Acres

HOA Fees

$1,555 per month

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Pool, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1471
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 1471
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 136.66
  • Escrow State: FL
  • Floor Number: 4
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 951.73
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: High Rise
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
  • Foundation Details: Stem Wall
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 7
  • Window Features: Solar Screens
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 136.66

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Private Mailbox, Tennis Court(s)
  • Roof: Built-Up
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Road Surface Type: Brick, Paved
  • Disclosures: Seller Property Disclosure
  • Water Access: Beach - Access Deeded,Gulf/Ocean,Lagoon
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 1650
  • Flood Zone Panel: 12115C0143F
  • Water Frontage Feet Gulf Ocean: 1650

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness Center, Gated, Irrigation-Reclaimed Water, No Truck/RV/Motorcycle Parking, Pool, Racquetball, Special Community Restrictions, Tennis Courts, Water Access, Waterfront
  • Association Name: Becky Joy
  • Phone: 941-349-3000
  • Association: Yes
  • Security: 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
  • Association URL: gulfandbayclubsiestakey.com

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: 0105046035
  • Additional Parcels: No
  • Fencing: Vinyl
  • Flood Zone Code: VE

Rental Info

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

Tax Info

  • Tax Annual Amount: 11484.81
  • Tax Block: E
  • Tax Book Number: 1326-768
  • Tax Lot: 406

Multi Family

  • Waterfront Features: Gulf/Ocean
  • Approval Process: An application must be submitted to the office with $100.00 fee.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2020
Sold by
Bought by
Current Estimated Value
$1,310,190

Purchase Details

Listed on
Feb 11, 2014
Closed on
Apr 30, 2014
Sold by
Bought by
Seller's Agent
Marc Turgeon
Buyer's Agent
Ian Harding
HARDING&ASSOCIATES INTL REALTY
List Price
$784,900
Sold Price
$760,000
Premium/Discount to List
-$24,900
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.52%

Purchase Details

Closed on
Jul 27, 1998
Sold by
Bought by

Purchase Details

Closed on
Jul 13, 1998
Sold by
Bought by

Purchase Details

Closed on
Jun 29, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Attorney
$760,000 Integrity Title Services Inc
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $420,000
Previous Owner $403,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/12/2023 05/12/23 Sold $1,400,000 -6.4% $952 / Sq Ft
04/10/2023 04/10/23 Pending -- -- --
04/07/2023 04/07/23 For Sale $1,495,000 -- $1,016 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,272 $1,053,900 $1,053,900
2024 $13,136 $1,106,600 $1,106,600
2023 $13,136 $1,200,600 $0 $1,200,600
2022 $11,939 $1,070,600 $0 $1,070,600
2021 $10,162 $800,100 $0 $800,100
2020 $9,740 $749,500 $0 $749,500
2019 $10,240 $795,000 $0 $795,000
2018 $8,558 $659,600 $0 $659,600
2017 $8,705 $659,700 $0 $659,700
2016 $8,468 $628,900 $0 $628,900
2015 $8,180 $590,500 $0 $590,500
2014 $7,916 $521,000 $0 $0
Source: Public Records

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Map

Source: Stellar MLS

MLS Number: A4566624

Stellar MLS

APN: 0105-04-6035

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