NOT LISTED FOR SALE

5760 Midnight Pass Rd Unit 409 Sarasota, FL 34242

Estimated Value: $1,095,000 - $1,190,000

2 Beds
2 Baths
1,535 Sq Ft
$1,555/mo HOA Fee

Last Sold November 14, 2023

Last sale price $1,250,000 $814 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $8,481/month

Highlights

  • 811 Feet of Public Beach Waterfront
  • Water access To Gulf or Ocean
  • Heated Lap Pool
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • Fishing

About This Home

As of November 2023

Make your vision come to life! Start planning for your new kitchen today, current price reflects knowledge of home improvement. Situated on nearly 811 feet of private Siesta Key beachfront and encompassing nearly 32 acres of property, Gulf and Bay is one of the finest destinations on the Gulf Coast. The Gulf of Mexico is just steps away from this fourth-floor unit and offers beautiful views of the fountain, pond and Gulf of Mexico. This unit has had a series of updates and is 1,535 square feet under air, making it one of the largest 2-unit-bedroom units in Gulf and Bay. Impact sliders were installed to harness additional space in the unit. 24” tile throughout, new LG appliances installed in late February, freshly painted, newer coastal bathrooms and shower enclosures, and an additional 3rd sleeping room were also added. Gulf and Bay has 24-hour security, 6 tennis courts, pickleball courts, racquetball and basketball courts, shuffleboard, 3 pools, outdoor cooking areas with gas barbecues, a complete fitness center and 2 clubhouses. There is also a newly updated 3-bedroom guesthouse that can be rented by the week or up to two weeks for overflow guests. Property sold furnished (excluding a few personal items). Make your appointment to see this wonderful unit!

Last Agent to Sell the Property

Robert Sherman

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3099603 Listed on: 10/13/2023

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Co-Listed By

Janet Borden

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3347920

Last Buyer's Agent

Ned Sharpenter

WATERSIDE REALTY LLC License #0601465

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,648

Year Built

  • Built in 1981

Lot Details

  • 811 Feet of Public Beach Waterfront
  • Northwest Facing Home
  • Vinyl Fence
  • Mature Landscaping
  • Street paved with bricks
  • Landscaped with Trees

HOA Fees

  • $1,555 Monthly HOA Fees

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Traditional Architecture
  • Entry on the 4th floor
  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,535 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Tile Flooring
  • Security Gate

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Electric Vehicle Home Charger
  • Guest Parking
  • Assigned Parking

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Water Skiing Allowed
  • Balcony
  • Enclosed Patio or Porch
  • Outdoor Kitchen
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, pool, escrow reserves fund, maintenance structure, ground maintenance, management, pest control, recreational facilities, security, sewer, trash
  • Becky Joy Association, Phone Number (941) 349-3000
  • Mid-Rise Condominium
  • Gulf & Bay Club Community
  • Gulf & Bay Club Ph 4 Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • 7-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Community Mailbox

Recreation

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

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,648

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,555 per month

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Security, Sewer, Trash
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1535
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 1535
  • Directions to Property: South on Midnight Pass Road to Gulf and Bay entrance; turn right and go through gate; turn right at stop sign and it is the second building on your left. Park in visitor parking.
  • Status: Sold
  • Co List Office Mls Id: MFR281519790
  • Co List Office Phone: 941-364-4000
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 4
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 814.33
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 1
  • Property Description: Mid Rise
  • Water Frontage Feet Beach: 811
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Living Room/Dining Room Combo, Master Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 7
  • Street Number Modifier: 5760
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 142.61
  • Room Count: 4

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Heated, In Ground, Lap, Lighting
  • Exterior Features: Balcony, Outdoor Grill, Outdoor Kitchen, Sidewalk, Sliding Doors, Tennis Court(s)
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Rear Porch, Screened
  • Road Surface Type: Brick
  • Disclosures: Seller Property Disclosure
  • Water Access: Beach - Access Deeded,Gulf/Ocean
  • Water Extras: Sailboat Water,Skiing Allowed
  • Water Extras YN: 1
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 811
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0143F

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Community Mailbox, Deed Restrictions, Fishing, Fitness Center, Gated, Pool, Racquetball, Sidewalks, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Basketball Court, Clubhouse, Fitness Center, Gated, Maintenance, Pickleball Court(s), Pool, Racquetball, Recreation Facilities, Sauna, Security, Shuffleboard Court, Tennis Court(s)
  • Association Fee: 4665
  • Association Fee Frequency: Quarterly
  • Association Name: Becky Joy
  • Phone: 941-349-3000
  • Association: Yes
  • Security: Gated Community, Security Gate, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Building Name Number: 5760
  • Condo Fees: 0
  • Condo Land Included YN: 1
  • Montly Maint Amt Addition To HOA: 0

Fee Information

  • Total Annual Fees: 18660.00
  • Total Monthly Fees: 1555.00
  • Monthly HOA Amount: 1555.00

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105045038
  • Additional Parcels: No
  • Fencing: Vinyl
  • Lot Features: Flood Insurance Required, FloodZone, Sidewalk, Street Brick, Paved, Private
  • Flood Zone Code: VE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Submit an application to the office with $100

Tax Info

  • Tax Annual Amount: 7648
  • Tax Book Number: 1326-768
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Beach Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Nov 14, 2023
Sold by
Long Timothy and Long Sheila
Bought by
Bushwood Assets Llc
Seller's Agent
Robert Sherman
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Ned Sharpenter
WATERSIDE REALTY LLC
List Price
$1,299,000
Sold Price
$1,250,000
Premium/Discount to List
-$49,000
-3.77%
Views
3
Current Estimated Value
$1,142,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$107,560
Avg. Annual Appreciation
-2.32%

Purchase Details

Closed on
Oct 21, 2021
Sold by
Philemon Limited Partnership
Bought by
Long Timothy and Long Sheila

Purchase Details

Closed on
Nov 29, 2017
Sold by
Real Estate Parking Company A Florida Co
Bought by
Philemon Limited Partnership

Purchase Details

Closed on
Apr 18, 2017
Sold by
Valkina Llc
Bought by
Real Estate Parking Company

Purchase Details

Closed on
Dec 15, 2006
Sold by
Cortes Jose Antonio and Guerrero Marcela
Bought by
Valkina Llc
Source: Public Records

Range of Values:

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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
Bushwood Assets Llc $1,250,000 None Listed On Document
Long Timothy -- Accommodation
Philemon Limited Partnership -- Attorney
Real Estate Parking Company $765,000 Attorney
Valkina Llc $400,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guerrero Marcela $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2023 11/14/23 Sold $1,250,000 -3.8% $814 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $1,299,000 -- $846 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

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 $10,717 $1,005,300 -- $1,005,300
2023 $10,717 $892,500 $0 $892,500
2022 $9,719 $792,000 $0 $792,000
2021 $7,648 $593,500 $0 $593,500
2020 $7,356 $558,000 $0 $558,000
2019 $7,724 $592,200 $0 $592,200
2018 $7,959 $611,500 $0 $611,500
2017 $8,096 $611,600 $0 $611,600
2016 $7,695 $568,200 $0 $568,200
2015 $7,435 $533,500 $0 $533,500
2014 $7,197 $470,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Sherman

    Seller's Agent in 2023

    Robert Sherman

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 313-1301

    19 in this area

    117 Total Sales

    Robert Sherman
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Janet Borden

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (847) 833-3171

    4 in this area

    25 Total Sales

    Janet Borden
    Section Image

  • N

    Buyer's Agent in 2023

    Ned Sharpenter

    WATERSIDE REALTY LLC

    (941) 302-3701

    3 in this area

    9 Total Sales

    Ned Sharpenter
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4585581

Stellar MLS

APN: 0105-04-5038

Florida Sarasota County Sarasota 34242

5760 Midnight Pass Rd Unit 409, Sarasota, FL

This home is located at 5760 Midnight Pass Rd Unit 409, Sarasota, FL 34242 since 13 October 2023 and is currently estimated at $1,142,440, approximately $744 per square foot. This property was built in 1981. 5760 Midnight Pass Rd Unit 409 is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High School.

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.

Stellar MLS 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

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