$1,200,000
SOLD MAY 31, 2024

5770 Midnight Pass Rd Unit 607 Sarasota, FL 34242

2 Beds
2 Baths
1,337 Sq Ft
$1,694/mo HOA Fee

Recently Sold

$898 Per Sq Ft

11% Below List Price

20 Days on Market

Highlights

  • 880 Feet of Ocean or Gulf Waterfront
  • Water access To Gulf or Ocean
  • Open Floorplan
  • Phillippi Shores Elementary School Rated A
  • Full Gulf or Ocean Views
  • Clubhouse

About This Home

As of May 2024

Welcome to Gulf & Bay Club, your oasis on Siesta Key beach! Located on a large, pristine stretch of crystalline sand this choice unit in building C is now ready for new owners! This updated and renovated turnkey furnished unit is set on the 6th floor in the middle of the building featuring direct Gulf views over the lush and tropical grounds of the community. Upon entry, you’ll notice wood-look tile, tray ceilings, and chic, upscale coastal décor. The updated kitchen features custom cabinetry, stone counters, and stainless steel appliances as well as glass tile backsplash. The primary bedroom has great Gulf views, closet with built-ins, and fully updated bathroom. The spacious second bedroom is a great space for guests and the laundry room is a nice addition with storage space. Located in that perfect mid-key location this complex offers gated security, multiple pools and grilling/tiki areas, tennis, pickleball, fitness, community center and more. Gulf and Bay Club also has onsite rental management for owners wishing to generate some income from their property. This unit will charm you with great views and exquisite finishes and décor, schedule your private showing today.

Last Agent to Sell the Property

Drew Russell

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #3108183 Listed on: 04/11/2024

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Rudy Dudon

MICHAEL SAUNDERS & COMPANY License #3099658

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,506

Year Built

  • Built in 1980

Lot Details

  • 880 Feet of Ocean or Gulf Waterfront
  • East Facing Home

HOA Fees

  • $1,694 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Florida Architecture
  • Split Level Home
  • Turnkey
  • Block Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,337 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Full Gulf or Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Covered Parking
  • Reserved Parking
  • Assigned Parking

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Enclosed Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, maintenance structure, ground maintenance
  • Gulf & Bay Club Community
  • Gulf & Bay Club Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to allowable golf cart usage in the community, no truck, recreational vehicles, or motorcycle parking

Amenities

  • Clubhouse
  • Community Mailbox

Recreation

  • Tennis Courts
  • Racquetball
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,506

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,694 per month

Listing Details

  • HOA Fee Includes: Cable TV, Maintenance Structure, Maintenance Grounds
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Florida, Traditional
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1337
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 1435
  • Directions to Property: Midnight Pass Road to Gulf and Bay Club, Building C. Park in open, uncovered spot, head to main lobby.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 6
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 897.53
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-951-6660
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Block
  • Total Bedrooms: 2
  • Levels: Multi/Split
  • Spa Yn: No
  • Stories: 1
  • Window Features: Window Treatments
  • Street Number Modifier: 5770
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 124.21
  • Room Count: 9

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony
  • Roof: Built-Up
  • Pool Private: No
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Screened
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Access: Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 880
  • Water Frontage Feet Gulf Ocean: 880

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Guest, Reserved

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Golf Carts OK, No Truck/RV/Motorcycle Parking, Pool, Racquetball, Sidewalks, Tennis Courts
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Building Name Number: GULF & BAY CLUB
  • Condo Fees: 5082
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 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: 0105044061
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Condo docs for full list of leasing restrictions

Tax Info

  • Tax Annual Amount: 11506
  • Tax Block: C
  • Tax Book Number: 1326-768
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Gulf/Ocean
  • Approval Process: Approval required

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
May 31, 2024
Sold by
Elizabeth J Howe Trust and Howe Elizabeth J
Bought by
Joel M Carr Trust and Carr
Seller's Agent
Drew Russell
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Rudy Dudon
MICHAEL SAUNDERS & COMPANY
List Price
$1,350,000
Sold Price
$1,200,000
Premium/Discount to List
-$150,000
-11.11%
Views
21
Current Estimated Value
$1,116,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$83,325
Avg. Annual Appreciation
-4.50%

Purchase Details

Closed on
Apr 29, 2019
Sold by
Ruocco Annette C and Ruocco Thomas G
Bought by
1951 J & C Blvd Llc

Purchase Details

Closed on
Apr 1, 2016
Sold by
Ruocco Annette C and Ruocco Ralph A
Bought by
Ruocco Family Credit Shelter Trust and Ruocco Thomas G

Purchase Details

Closed on
May 20, 2015
Sold by
Ruocco Annette C
Bought by
Ruocco Family Living Trust and Ruocco Thomas G

Purchase Details

Closed on
Mar 22, 2006
Sold by
Ruocco Ralph A and Ruocco Annette C
Bought by
Ruocco Ralph A and Ruocco Annette C
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,200,000 None Listed On Document
Deed $700,000 Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $1,200,000 -11.1% $898 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $1,350,000 0.0% $1,010 / Sq Ft
05/02/2022 05/02/22 Sold $1,350,000 0.0% $933 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $1,350,000 -- $933 / 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 $11,506 $932,800 -- $932,800
2023 $11,506 $949,400 $0 $949,400
2022 $8,787 $835,000 $0 $835,000
2021 $6,712 $515,500 $0 $515,500
2020 $6,432 $482,700 $0 $482,700
2019 $6,427 $486,500 $0 $486,500
2018 $7,112 $542,300 $0 $542,300
2017 $7,234 $542,400 $0 $542,400
2016 $7,453 $548,000 $0 $548,000
2015 $7,202 $514,500 $0 $514,500
2014 -- $454,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4606756

Stellar MLS

APN: 0105-04-4061