NOT LISTED FOR SALE

5750 Midnight Pass Rd Unit 607 Sarasota, FL 34242

Estimated Value: $1,120,000 - $1,242,000

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

Last Sold September 16, 2024

Last sale price $1,275,000 $955 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $8,825/month

147 Days on Market

Highlights

  • Beach Front
  • Water access To Gulf or Ocean
  • Heated Pool
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • Gated Community

About This Home

As of September 2024

Welcome to your Siesta Key beachfront retreat, situated on one of the most globally desirable shorelines. This exclusive, gated Gulf & Bay Club residence offers an incredibly beautiful lifestyle right on the Gulf of Mexico. Savor sweeping views of the Gulf of Mexico waters and pristine sugar sand from this beautifully updated 1,335sqft open concept condo. Starting in the kitchen with stone countertops and stainless-steel appliances to the updated flooring through to the spacious lanai for additional space to entertain. With 2-bedrooms, 2 updated bathrooms, recessed lighting, and a primary suite with dual sinks to enhance the luxurious living experience. Immerse yourself in resort-style amenities, including 3 heated pools, 8 tennis courts, a fitness center with spa and dry sauna, an expansive clubhouse, racquetball and basketball courts, and multiple barbecue areas with Tiki-style picnic tables. Gulf & Bay Club is situated on 32 acres of manicured tropical landscaping, with a gate and guard, 800 feet of private beach, walking trails, and an engaging social calendar. With conveniences like in-unit laundry and a recently renovated covered carport, this residence at the Gulf & Bay Club on Siesta Key offers quintessential and elevated island life. This unit has not previously been used as a rental.

Last Agent to Sell the Property

Daria Fairchild

COLDWELL BANKER REALTY Brokerage Phone: 941-366-8070 License #3106285 Listed on: 03/07/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

Rudy Dudon

MICHAEL SAUNDERS & COMPANY License #3099658

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,436

Year Built

  • Built in 1984

Lot Details

  • Beach Front
  • Property fronts gulf or ocean
  • West Facing Home
  • Mature Landscaping
  • Well Sprinkler System

HOA Fees

  • $1,694 Monthly HOA Fees

Property Views

  • Beach
  • Full Gulf or Ocean
  • Lake
  • Pool

Home Design

  • Entry on the 6th floor
  • Slab Foundation
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,335 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Bonus Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Guest Parking

Pool

  • Heated Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Water access To Gulf or Ocean
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, maintenance structure, ground maintenance
  • Kw Property Managment Association, Phone Number (941) 349-3000
  • Mid-Rise Condominium
  • Gulf & Bay Club Condos
  • Gulf & Bay Club Community
  • Gulf & Bay Club Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to no truck, recreational vehicles, or motorcycle parking
  • 7-Story Property

Amenities

  • Elevator

Recreation

  • Tennis Courts
  • Racquetball
  • Recreation Facilities
  • Shuffleboard Court
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,436

Year Built

Built in 1984

Lot Details

5.93 Acres

HOA Fees

$1,694 per month

Listing Details

  • HOA Fee Includes: Cable TV, Maintenance Structure, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1335
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 1471
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 136.66
  • Escrow State: FL
  • Floor Number: 6
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 955.06
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Mid Rise
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 941-366-8070
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 7
  • Window Features: Blinds, Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Inside Utility
  • Living Area Meters: 124.03

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sliding Doors
  • Roof: Built-Up
  • Home Warranty: Yes
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Beach,Gulf/Ocean
  • Water View: Beach,Gulf/Ocean - Full,Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Fitness Center, No Truck/RV/Motorcycle Parking, Pool, Racquetball, Tennis Courts
  • Association Amenities: Elevator(s), Fitness Center, Gated, Maintenance, Racquetball, Recreation Facilities, Security, Shuffleboard Court, Tennis Court(s)
  • Association Name: KW Property Managment
  • Phone: 941-349-3000
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Complex Community Name Nccb: GULF & BAY CLUB
  • Association Fee Requirement: None
  • Condo Fees: 5082
  • Condo Land Included YN: 0
  • Monthly Condo Fee Amount: 1694

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: 0105046056
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Flood Zone Code: AE

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Minimum leaser period is 28 Nights. Please see association documents for additional information.

Tax Info

  • Tax Annual Amount: 13436
  • Tax Book Number: 0022/0040
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean
  • Approval Process: Please see association documents for additional information, and lease process.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
Sep 16, 2024
Sold by
Gloady Barbara A and Barbara A Gloady Surviving Grantors Trus
Bought by
Reid Jeffrey M and Reid Katherine D
Seller's Agent
Daria Fairchild
COLDWELL BANKER REALTY
Buyer's Agent
Rudy Dudon
MICHAEL SAUNDERS & COMPANY
List Price
$1,435,000
Sold Price
$1,275,000
Premium/Discount to List
-$160,000
-11.15%
Views
17
Current Estimated Value
$1,168,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$106,354
Avg. Annual Appreciation
-5.64%
Original Mortgage
$594,600
Outstanding Balance
$587,136
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$581,510

Purchase Details

Closed on
Oct 2, 2023
Sold by
Gloady Barbara A
Bought by
Barbara A Gloady Surviving Grantors Trust and Gloady

Purchase Details

Listed on
Feb 12, 2013
Closed on
Feb 28, 2013
Sold by
Mckinney Mary Katherine
Bought by
Gloady Thomas J and Gloady Barbara A
Seller's Agent
Kristina Waskom
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Daria Fairchild
COLDWELL BANKER REALTY
List Price
$615,000
Sold Price
$585,000
Premium/Discount to List
-$30,000
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$409,500
Interest Rate
3.52%
Mortgage Type
New Conventional
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
Reid Jeffrey M $1,275,000 Msc Title
Barbara A Gloady Surviving Grantors Trust -- None Listed On Document
Gloady Thomas J $585,000 Msc Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reid Jeffrey M $594,600
Previous Owner Gloady Thomas J $409,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2024 09/16/24 Sold $1,275,000 -7.3% $955 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
05/17/2024 05/17/24 Price Changed $1,375,000 +900.0% $1,030 / Sq Ft
05/17/2024 05/17/24 Price Changed $137,500 -90.4% $103 / Sq Ft
04/15/2024 04/15/24 For Sale $1,435,000 0.0% $1,075 / Sq Ft
03/09/2024 03/09/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $1,435,000 +145.3% $1,075 / Sq Ft
02/28/2013 02/28/13 Sold $585,000 -4.9% $438 / Sq Ft View Prior Sale
02/14/2013 02/14/13 Pending -- -- --
02/12/2013 02/12/13 For Sale $615,000 -- $461 / 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 $12,596 $1,033,600 -- $1,033,600
2024 $13,436 $1,006,430 -- --
2023 $13,436 $1,295,500 $0 $1,295,500
2022 $11,414 $1,028,600 $0 $1,028,600
2021 $9,304 $729,600 $0 $729,600
2020 $8,942 $685,400 $0 $685,400
2019 $9,410 $728,100 $0 $728,100
2018 $8,651 $667,100 $0 $667,100
2017 $8,468 $667,200 $0 $667,200
2016 $8,766 $652,000 $0 $652,000
2015 $8,468 $612,200 $0 $612,200
2014 $8,194 $540,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Daria Fairchild

    Seller's Agent in 2024

    Daria Fairchild

    COLDWELL BANKER REALTY

    (941) 650-7207

    5 in this area

    35 Total Sales

    Daria Fairchild
    Section Image
  • Rudy Dudon

    Buyer's Agent in 2024

    Rudy Dudon

    Michael Saunders

    (941) 234-3991

    127 in this area

    195 Total Sales

    Rudy Dudon
    Section Image
  • Kristina Waskom

    Seller's Agent in 2013

    Kristina Waskom

    Michael Saunders

    (941) 266-8658

    18 in this area

    51 Total Sales

    Kristina Waskom
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4601617

Stellar MLS

APN: 0105-04-6056

Florida Sarasota County Sarasota 34242

5750 Midnight Pass Rd Unit 607, Sarasota, FL

Not Listed for Sale

Condos

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Stellar MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID

Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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