NOT LISTED FOR SALE

5760 Midnight Pass Rd Unit 509 Sarasota, FL 34242

Estimated Value: $1,062,000 - $1,221,000

2 Beds
2 Baths
1,361 Sq Ft
4.67 Acres

Last Sold April 22, 2021

Last sale price $825,000 $606 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,882/month

4 Days on Market

Highlights

  • Waterfront
  • Water Views
  • Water Access
  • Phillippi Shores Elementary School Rated A
  • Private Beach
  • Fitness Center

About This Home

As of April 2021

Gulf & Bay Club is a prestigious oceanfront resort located on the beautiful beaches of Siesta Key. This first-class Community boasts all the amenities one could desire for a fabulous beach vacation. This two bedroom/2 bath condominium has upgraded appointments throughout. Exquisitely furnished for one's immediate enjoyment either as a place to call home at the beach, for the discriminating vacationer or great investment property. Three oceanfront outdoor pools, fitness center, tennis courts, a short stroll to the beach and stunning views which all can be yours at the Gulf & Bay. Start living the Siesta Key Dream!!

Last Agent to Sell the Property

Nora Johnson

MICHAEL SAUNDERS & COMPANY License #0683885 Listed on: 03/22/2021

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Klaus Lang

MICHAEL SAUNDERS & COMPANY License #0641811

Last Buyer's Agent

Rudy Dudon

MICHAEL SAUNDERS & COMPANY License #3099658

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,776

Year Built

  • Built in 1981

Lot Details

  • Private Beach
  • Northwest Facing Home

Home Design

  • Contemporary Architecture
  • Turnkey
  • Built-Up Roof
  • Concrete Siding
  • Pile Dwellings

Interior Spaces

  • 1,361 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Water Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Covered Parking
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Water Access

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0105045048

Community Details

Overview

  • Association fees include 24-hour guard, maintenance exterior, manager, pest control, pool maintenance, private road, security, sewer, trash, water
  • Gulf And Bay Condo Assoc./Susan Sherwood Association
  • Gulf & Bay Club Community
  • Gulf & Bay Club Ph 4 Subdivision

Recreation

  • Waterfront
  • Tennis Courts
  • Racquetball
  • Fitness Center
  • Community Pool

Security

  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,776

Year Built

Built in 1981

Lot Details

0

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Maintenance Exterior, Manager, Pest Control, Pool Maintenance, Private Road, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Water View: Yes
  • Construction Materials: Concrete
  • Living Area: 1361.00
  • Year Built: 1981
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4495235?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4495235?w=Customer
  • Directions to Property: South on Tamiami Trl. Turn right on Siesta Drive then slight left onto Midnight Pass Rd. Turn right at Siesta Bayside Dr then right onto Gulf Bay Club. Follow signs for Bld D.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 3
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Split Bedroom, Tray Ceiling(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Floor Number: 5
  • Levels: One
  • Stories: 1
  • Window Features: Shutters
  • Living Area Meters: 126.44
  • Street Number Modifier: 5760

Exterior Features

  • Direction Faces: Northwest
  • Waterfront Feet Private Beach: 850
  • Water Access: Beach - Access Deeded, Beach - Private, Gulf/Ocean
  • Exterior Features: Sliding Doors
  • Roof: Built-Up
  • Water View: Beach, Pond
  • Flood Zone Code: AE
  • Water Access: Yes
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Assigned, Covered, Guest

Utilities

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

Condo/Co-op/Association

  • S W Subdiv Community Name: Gulf & Bay Club
  • Community Features: Buyer Approval Required, Fitness, Gated Community, Pool, Racquetball, Sidewalk, Tennis Courts, Water Access, Waterfront
  • Building Name Number: 509D
  • Condo Fees: 2865
  • Condo Fees Term: Quarterly
  • Monthly Condo Fee Amount: 955
  • Association Amenities: Fitness Center, Gated, Lobby Key Required, Pool, Tennis Court(s)
  • Association Name: Gulf and Bay Condo Assoc./Susan Sherwood
  • Association Email: susan.sherwood@gulfandbayclub.com

Fee Information

  • Waterfront Frontage: 850
  • Total Annual Fees: 11460.00
  • Total Monthly Fees: 955.00

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105045048
  • Lot Features: In County

Rental Info

  • Minimum Lease: 1 Month
  • Additional Lease Restrictions: Lease restrictions
  • Furnished: Turnkey
  • Lease Restrictions: Yes

Tax Info

  • Tax Annual Amount: 7776.44
  • Tax Book Number: 1326-768

Multi Family

  • Waterfront Features: Beach - Private

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Apr 14, 2021
Sold by
Ginga Siesta Llc
Bought by
Byrne Daniel J and Byrne Christine M
Seller's Agent
Nora Johnson
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Rudy Dudon
MICHAEL SAUNDERS & COMPANY
List Price
$775,000
Sold Price
$825,000
Premium/Discount to List
$50,000
6.45%
Current Estimated Value
$1,120,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,378
Avg. Annual Appreciation
7.81%

Purchase Details

Listed on
Apr 26, 2013
Closed on
Sep 27, 2013
Sold by
Sk Noose Llc
Bought by
Ginga Siesta Llc
Seller's Agent
Robert Anderson Jr
RE/MAX ALLIANCE GROUP
Buyer's Agent
Jaime Carrion
List Price
$699,000
Sold Price
$620,000
Premium/Discount to List
-$79,000
-11.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.85%

Purchase Details

Closed on
May 4, 2009
Sold by
Perlove Marc and Perlove Marlene
Bought by
Sk Noose Llc

Purchase Details

Closed on
Jan 28, 2005
Sold by
Perlove Marc and Perlove Marlene
Bought by
Perlove Marc and Perlove Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
1.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 30, 2004
Sold by
Riley Margaret B and Braun Margaret B
Bought by
Perlove Marc and Perlove Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
1.75%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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Average Value
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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
Byrne Daniel J $825,000 Attorney
Ginga Siesta Llc $620,000 Attorney
Sk Noose Llc $48,000 Attorney
Perlove Marc -- Attorney
Perlove Marc -- --
Perlove Marc $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Ginga Siesta Llc $417,000
Previous Owner Perlove Marc $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2021 04/22/21 Sold $825,000 +6.5% $606 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $775,000 +25.0% $569 / Sq Ft
09/27/2013 09/27/13 Sold $620,000 -4.5% $456 / Sq Ft
08/29/2013 08/29/13 Pending -- -- --
07/01/2013 07/01/13 Price Changed $649,000 -7.2% $477 / Sq Ft
04/26/2013 04/26/13 For Sale $699,000 -- $514 / 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 $11,578 $953,600 -- $953,600
2023 $11,578 $971,400 $0 $971,400
2022 $10,455 $855,000 $0 $855,000
2021 $8,017 $623,900 $0 $623,900
2020 $7,776 $591,800 $0 $591,800
2019 $8,158 $627,200 $0 $627,200
2018 $8,246 $634,600 $0 $634,600
2017 $8,388 $634,700 $0 $634,700
2016 $7,415 $546,500 $0 $546,500
2015 $7,163 $513,000 $0 $513,000
2014 $6,934 $452,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nora Johnson

    Seller's Agent in 2021

    Nora Johnson

    Michael Saunders

    (941) 809-1700

    5 in this area

    62 Total Sales

    Nora Johnson
    Section Image
  • Klaus Lang

    Seller Co-Listing Agent in 2021

    Klaus Lang

    Michael Saunders

    (941) 320-1223

    3 in this area

    44 Total Sales

    Klaus Lang
    Section Image
  • Rudy Dudon

    Buyer's Agent in 2021

    Rudy Dudon

    Michael Saunders

    (941) 234-3991

    140 in this area

    213 Total Sales

    Rudy Dudon
    Section Image
  • Robert Anderson Jr

    Seller's Agent in 2013

    Robert Anderson Jr

    RE/MAX

    (941) 320-6115

    20 in this area

    71 Total Sales

    Robert Anderson Jr
    Section Image

  • J

    Buyer's Agent in 2013

    Jaime Carrion

    Section Image
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Map

Source: Stellar MLS

MLS Number: A4495235

Stellar MLS

APN: 0105-04-5048

Florida Sarasota County Sarasota 34242

5760 Midnight Pass Rd Unit 509, Sarasota, FL

This home is located at 5760 Midnight Pass Rd Unit 509, Sarasota, FL 34242 since 22 March 2021 and is currently estimated at $1,120,378, approximately $823 per square foot. This property was built in 1981. 5760 Midnight Pass Rd Unit 509 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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