NOT LISTED FOR SALE

5770 Midnight Pass Rd Unit 701 Sarasota, FL 34242

Estimated Value: $1,072,000 - $1,172,000

2 Beds
2 Baths
1,337 Sq Ft
6.68 Acre Lot

Sale Details

Date Sold: April 30, 2024

Last sale price $1,100,000 $823 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $8,642 / mo

39 Days on Market

Highlights

  • 1,600 Feet of Public Beach Waterfront
  • Water access To Gulf or Ocean
  • Heated In Ground Pool
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • Gated Community

About This Home

As of April 2024

Gorgeous, TOP 7th FLOOR END UNIT in GULF AND BAY CLUB, fully renovated & furnished BEACH CONDO with full-on GULF of MEXICO views and 800’ of Siesta Key cool quartz sand private beach. A bird’s eye view to OVERLOOK IT ALL AND SENSATIONAL SUNSET VIEWS! When you enter, you capture the crystal blue GULF waters ahead and ZEN feel all around! High-end cabinetry & MARBLE FLOORS THROUGHOUT w/handsome wood trim and upscale finishes that will delight your eyes. Elegant granite & glass backsplash with a touch of glimmer, king primary ensuite with dual sinks, walk in shower, linen closet & a walk-in closet. Ceiling fans, coastal lighting & decor. 2nd bedroom offers two cozy full beds and is next to guest bath. In-unit full size Laundry ROOM, 2 secure closets. This property is turnkey furnished* and ready for you to unpack your bags and relax on your screened balcony with a cool drink. Mechanicals updated-nothing left to do! Incredible views looking East, South & West incl SUNRISE, SUNSET, MOON, pristine G&B AMENITIES, and even The City of Sarasota skyline! Gulf & Bay is A TROPICAL PARADISE community offering 32 acres of appealing amenities including 3 pools, pickleball, fitness center, spa, sauna, tennis, shuffleboard, racquetball, billiards, outdoor grilling areas and picnic spots on a fountain lighted lagoon and includes 24-hour security, e-charging station, clubs, activities and MORE. Investor friendly. Siesta Key and Sarasota offer fabulous theater, arts, culinary and cultural experiences. (*excludes 2 personal items) Don't wait on this MUST SEE TOP FLOOR END UNIT! It's priced to sell.

Last Agent to Sell the Property

Nancy Barden

COLDWELL BANKER REALTY Brokerage Phone: 941-366-8070 License #3277561 Listed on: 02/05/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

Lisa Warren

OWN SRQ LLC License #3079333

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,574

Year Built

  • Built in 1980

Lot Details

  • 1,600 Feet of Public Beach Waterfront
  • East Facing Home

HOA Fees

  • $1,694 Monthly HOA Fees

Parking

  • 1 Carport Space

Property Views

  • Beach
  • Full Gulf or Ocean
  • Lagoon

Home Design

  • Entry on the 7th floor
  • Built-Up Roof
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 1,337 Sq Ft Home
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility
  • Marble Flooring
  • Security Gate

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Lagoon or Estuary
  • Balcony
  • Outdoor Kitchen
  • Gazebo

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, common area taxes, pool, escrow reserves fund, internet, maintenance structure, ground maintenance, management, pest control, private road, recreational facilities, security, sewer, trash, water
  • William Seeley Association, Phone Number (941) 349-3000
  • Visit Association Website
  • Gulf & Bay Club Community
  • Gulf & Bay Club Ph 3 Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • 7-Story Property

Amenities

  • Clubhouse
  • Community Mailbox

Recreation

  • Tennis Courts
  • Racquetball
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,574

Year Built

Built in 1980

Lot Details

6.68 Acres

HOA Fees

$1,694 per month

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1337
  • Lot Size Acres: 6.68
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 1435
  • Lot Size Sq Ft: 291198
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 133.32
  • Escrow State: FL
  • Floor Number: 7
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 822.74
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Corner Unit,Elevated,End Unit
  • Water Frontage Feet Beach: 1600
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-366-8070
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Marble
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Chair Rail, Crown Molding, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 7
  • Window Features: Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 124.21

Exterior Features

  • Direction Faces: East
  • Other Structures: Gazebo, Outdoor Kitchen
  • Pool Features: Heated, In Ground, Lighting
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Built-Up
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water Access: Beach,Gulf/Ocean,Lagoon
  • Water View: Beach,Gulf/Ocean - Full,Lagoon
  • Water View YN: 1
  • Waterfront Feet Total: 1600
  • Flood Zone Panel: 12115C0143F

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - Guard, Irrigation-Reclaimed Water, Pool, Racquetball, Sidewalks, Tennis Courts
  • Association Fee Frequency: Quarterly
  • Association Name: William Seeley
  • Phone: 941-349-3000
  • Association: Yes
  • Security: Gated Community, Security Gate
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Condo Fees: 5082
  • Condo Land Included YN: 0
  • Association Email: wseeley@kwpmc.com
  • Monthly Condo Fee Amount: 1694
  • Association URL: www.gulfandbayclubsiestakey.com

Fee Information

  • Total Annual Fees: 20328.00
  • Total Monthly Fees: 1694.00
  • Monthly HOA Amount: 0.00

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105044066
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Contact office for additional details and refer to Docs.

Tax Info

  • Tax Annual Amount: 11574
  • Tax Book Number: 1326-768
  • Tax Lot: 0

Multi Family

  • Approval Process: Intent To Rent Application with $100 fee- submitted to office.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Apr 30, 2024
Sold by
Bought by
Seller's Agent
Nancy Barden
COLDWELL BANKER REALTY
Buyer's Agent
Lisa Warren
OWN SRQ LLC
List Price
$1,325,000
Sold Price
$1,100,000
Premium/Discount to List
-$225,000
-16.98%
Views
36
Current Estimated Value
$1,115,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,294
Avg. Annual Appreciation
0.63%
Original Mortgage
$250,000
Outstanding Balance
$246,445
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$868,849

Purchase Details

Listed on
Jan 23, 2018
Closed on
Apr 4, 2018
Sold by
Bought by
Seller's Agent
Ryan Skrzypkowski
COLDWELL BANKER REALTY
Buyer's Agent
Nancy Barden
COLDWELL BANKER REALTY
List Price
$1,250,000
Sold Price
$1,080,000
Premium/Discount to List
-$170,000
-13.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.30%

Purchase Details

Listed on
Mar 17, 2017
Closed on
Apr 7, 2017
Sold by
Bought by
Buyer's Agent
Ryan Skrzypkowski
COLDWELL BANKER REALTY
List Price
$699,000
Sold Price
$640,000
Premium/Discount to List
-$59,000
-8.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.88%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,100,000 None Listed On Document
$1,080,000 Attorney
$640,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2024 04/30/24 Sold $1,100,000 -12.0% $823 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
02/29/2024 02/29/24 Price Changed $1,250,000 -5.7% $935 / Sq Ft
02/05/2024 02/05/24 For Sale $1,325,000 +107.0% $991 / Sq Ft
08/17/2018 08/17/18 Off Market $640,000 -- --
04/09/2018 04/09/18 Sold $1,080,000 -13.6% $808 / Sq Ft View Prior Sale
03/09/2018 03/09/18 Pending -- -- --
01/23/2018 01/23/18 For Sale $1,250,000 +95.3% $935 / Sq Ft
04/06/2017 04/06/17 Sold $640,000 -8.4% $479 / Sq Ft View Prior Sale
03/27/2017 03/27/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $699,000 -- $523 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,507 $887,800 -- $887,800
2024 $11,574 $916,926 -- --
2023 $11,574 $1,061,400 $0 $1,061,400
2022 $10,416 $930,000 $0 $930,000
2021 $8,822 $688,900 $0 $688,900
2020 $8,434 $643,500 $0 $643,500
2019 $8,905 $686,300 $0 $686,300
2018 $7,450 $569,400 $0 $569,400
2017 $7,577 $569,500 $0 $569,500
2016 $7,692 $566,500 $0 $566,500
2015 $7,431 $531,800 $0 $531,800
2014 $7,194 $469,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4597937

Stellar MLS

APN: 0105-04-4066

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