$1,395,000

5750 Midnight Pass Rd Unit 508 Sarasota, FL 34242

Estimated payment $9,897/month

Total Views 3,973
2 Beds
2 Baths
1,471 Sq Ft
$948 Price per Sq Ft

Highlights

  • Beach Front
  • Guest House
  • Fitness Center
  • Phillippi Shores Elementary School Rated A
  • Water access To Gulf or Ocean
  • Heated In Ground Pool

About This Home

Knock, knock your slice of paradise is calling! There’s no place like this home or home away from home! A gorgeous view in an exquisitely updated condo on the world’s finest beach! What more could you ask for?!! HURRICANE WINDOWS, Quartz countertops EVERYWHERE (even in the laundry room!), wine refrigerator, Kitchen Aid appliances, new cabinetry (including in the bathrooms), closet built-ins, luxury vinyl plank flooring, tasteful, coastal furniture, electronic remote control Hunter Douglas shades on windows, ample storage, full size utility room, enclosed balcony professionally done so it truly feels like part of the home. Being sold furnished with everything you need to get started living the good life! The Gulf & Bay community is packed with amenities and spacious grounds, located mid-key with easy access to the north or south bridge, with a guarded gate and on-site property management, you will not be disappointed! 4 Tennis (3 Plexi cushion, 1 clay), 6 pickleball courts, and 2 racquetball courts, shuffleboard, a fitness room and clubhouse with a library, computer and meeting/event room and card room. The common area and multiple pools are lushly landscaped and manicured, giving you that true resort feel. The parking lot is pavered and carports, with deeded parking spaces, are included with units as well as ample guest spaces. There is also a carwash area and there are electric vehicle charging stations. Building E has the advantage of being closer to the water and therefore a more up-close view of the Gulf. Click your heels together and power up that hot air balloon (or whatever mode of transport you prefer) and hurry over to follow your heart and mind and gather the courage to grab your slice of paradise before it’s gone! This is not a dream, it’s a dream come true!

Listing Agent

Kathleen Griffin

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-966-8000 License #0695134 Listed on: 09/02/2025

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,944

Year Built

  • Built in 1984

Lot Details

  • Beach Front
  • Northeast Facing Home
  • Mature Landscaping
  • Metered Sprinkler System
  • Landscaped with Trees

HOA Fees

  • $1,694 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Entry on the 5th floor
  • Block Foundation
  • Block Exterior

Interior Spaces

  • 1,471 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Shades
  • Great Room
  • Combination Dining and Living Room
  • Inside Utility
  • Full Gulf or Ocean Views
  • Security Lights

Kitchen

  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Guest Parking
  • 1 Assigned Parking Space

Pool

  • Heated In Ground Pool
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Enclosed Patio or Porch
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Wheelchair Access
  • Guest House

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, common area taxes, pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, management, recreational facilities, water
  • Ryan Bauman Association, Phone Number (941) 349-3000
  • Mid-Rise Condominium
  • Gulf & Bay Club Community
  • Gulf & Bay Club Ph 5 Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Community features wheelchair access
  • 7-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Elevator
  • Community Mailbox

Recreation

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

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Card or Code Access
  • Gated Community
  • Storm Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,944

Year Built

Built in 1984

Lot Details

0

HOA Fees

$1,694 per month

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Management, Recreational Facilities, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1471
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 1471
  • Status: Active
  • Ownership: Condominium
  • Entry Level: 5
  • Escrow State: FL
  • Floor Number: 5
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 948.33
  • Total Acreage: Non-Applicable
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Planned Unit Development Yn: 1
  • Property Description: Mid Rise
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Gulf/Ocean Front,Water Access,Waterfront
  • Attribution Contact: 941-966-8000
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Block
  • Total Bedrooms: 2
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Stories: 7
  • Window Features: ENERGY STAR Qualified Windows, Shades, Storm Window(s), Window Treatments
  • Additional Rooms: Great Room,Inside Utility
  • Living Area Meters: 136.66

Exterior Features

  • Direction Faces: Northeast
  • Other Structures: Guest House, Tennis Court(s)
  • Pool Features: Heated, In Ground, Lighting
  • Exterior Features: Lighting, Sidewalk, Sprinkler Metered, Tennis Court(s)
  • Roof: Other
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed
  • Road Surface Type: Other
  • Water Access: Beach,Gulf/Ocean
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0143G

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Sewer Connected, Sprinkler Meter, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - Guard, Pool, Racquetball, Sidewalks, Tennis Court(s), Wheelchair Access
  • Association Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pickleball Court(s), Pool, Racquetball, Sauna, Security, Shuffleboard Court, Spa/Hot Tub, Wheelchair Access
  • Association Name: Ryan Bauman
  • Phone: 941-349-3000
  • Association: Yes
  • Security: Fire Alarm, Gated Community, Security Lights, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Condo Fees: 1694
  • Condo Land Included YN: 0
  • Association Email: gulfandbayadm@kwp mc.com
  • Monthly Condo Fee Amount: 1694
  • Management: On Site Property Manager

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: 0105046047
  • Additional Parcels: No
  • Fencing: Other
  • Lot Features: Landscaped, Paved
  • Flood Zone Code: AE

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: 1- month 12 times per year

Tax Info

  • Tax Annual Amount: 9943.69
  • Tax Block: E
  • Tax Book Number: 1326-768
  • Tax Lot: NA

Multi Family

  • Waterfront Features: Beach Front
  • Approval Process: See HOA Docs

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $9,661 $853,467 -- --
2023 $9,661 $828,609 $0 $0
2022 $9,432 $804,475 $0 $0
2021 $9,489 $781,044 $0 $0
2020 $7,737 $624,600 $0 $624,600
2019 $8,154 $662,800 $0 $662,800
2018 $8,045 $654,300 $0 $654,300
2017 $8,177 $653,746 $0 $0
2016 $8,156 $640,300 $0 $640,300
2015 $8,322 $601,200 $0 $601,200
2014 $8,053 $530,500 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/02/2025 09/02/25 For Sale $1,395,000 +86.0% $948 / Sq Ft
10/28/2013 10/28/13 Sold $750,000 -6.2% $510 / Sq Ft View Prior Sale
09/20/2013 09/20/13 Pending -- -- --
07/05/2013 07/05/13 Price Changed $799,900 -90.0% $544 / Sq Ft
07/05/2013 07/05/13 Price Changed $7,999,000 +841.1% $5,438 / Sq Ft
05/07/2013 05/07/13 For Sale $850,000 -- $578 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $750,000 Msc Title Inc
Warranty Deed $1,112,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $417,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: Stellar MLS

MLS Number: A4663613

Stellar MLS

APN: 0105-04-6047