$1,075,000
SOLD JUN 30, 2025

5770 Midnight Pass Rd Unit 705 Sarasota, FL 34242

2 Beds
2 Baths
1,337 Sq Ft
$1,586/mo HOA Fee

Recently Sold

$804 Per Sq Ft

2% Below List Price

186 Days on Market

Highlights

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

About This Home

As of June 2025

Welcome to Gulf & Bay Club, the premiere Siesta Key condo complex nestled on 32 acres with 800 ft of private beach! Located in the middle of the C Building on the top floor, this condo offers fabulous views, both day and night, of the freshwater lake, fountains, island lagoon, swimming pools, sandy beach, and the Gulf of Mexico beyond. Take in the views on the Lanai, or sip your coffee in the cozy breakfast nook in the kitchen. The primary bedroom has access to the lanai. The ensuite bath has dual sinks and a walk-in closet. The second bedroom could easily accommodate two full-size beds. You will appreciate the convenience of your own laundry room. I challenge you to find another property on Siesta Key with all the amenities that gated Gulf & Bay Club offers. Whether you are into pickleball, tennis, shuffleboard, basketball, racquetball, billiards, or working out in the commercial-grade fitness center, you will find it all here. Maybe a day of relaxation is called for...why not hang out by one of the three swimming pools, relax in the indoor spa, or one of the three dry saunas? There are several BBQs and picnic areas, and Wi-Fi is available throughout the complex. When you add to that a car wash area, electric car charging stations, 2 clubhouses, a guest suite, which owners can rent for up to two weeks, and 24-hour security, what more could you ask for? Located adjacent to the world-famous Siesta Key Beach, ranked #1 in the US by TripAdvisor, with its powdery white quartz sand. This condo is being offered Turnkey Furnished. Some artwork does not convey.

Last Agent to Sell the Property

Tina Johns

COLDWELL BANKER REALTY Brokerage Phone: 941-366-8070 License #3125067 Listed on: 11/29/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

David Liberatore

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3443924

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,684

Year Built

  • Built in 1980

Lot Details

  • 1,600 Feet of Waterfront
  • 800 Feet of Ocean or Gulf Waterfront
  • 800 Feet of Public Beach Waterfront
  • East Facing Home
  • Street paved with bricks

HOA Fees

  • $1,586 Monthly HOA Fees

Parking

  • 1 Carport Space

Property Views

  • Beach
  • Full Gulf or Ocean
  • Lagoon
  • Pool

Home Design

  • Entry on the 7th floor
  • Turnkey
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,337 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Access To Lagoon or Estuary
  • Covered Patio or Porch
  • Gazebo
  • Outdoor Grill

Location

  • Property is near public transit

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • 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, internet, maintenance structure, ground maintenance, management, pest control, private road, recreational facilities, security, sewer, trash, water
  • Ryan Bauman Association, Phone Number (941) 323-3000
  • Visit Association Website
  • Gulf & Bay Club Community
  • Gulf & Bay Club Ph 3 Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to vehicle restrictions
  • 7-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Racquetball
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Card or Code Access
  • Gated Community
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,684

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,586 per month

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Common Area Taxes, Pool, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1337
  • Lot Size Acres: 32
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 1435
  • Status: Sold
  • Ownership: Condominium
  • Building Area Total Srch Sq M: 133.32
  • Escrow State: FL
  • Floor Number: 7
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 804.04
  • Water Access YN: 1
  • Condo Fees Term: Annual
  • Property Description: High Rise,Penthouse
  • Water Frontage Feet Beach: 800
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Gulf/Ocean Front,Waterfront
  • Attribution Contact: 941-366-8070
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 7
  • Additional Rooms: Inside Utility
  • Living Area Meters: 124.21

Exterior Features

  • Direction Faces: East
  • Other Structures: Gazebo, Tennis Court(s)
  • Pool Features: Heated, In Ground
  • Exterior Features: Hurricane Shutters, Outdoor Grill, Sliding Doors
  • Roof: Built-Up
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Screened
  • Road Surface Type: Brick
  • Water Access: Beach,Beach - Access Deeded,Gulf/Ocean,Lagoon
  • Water View: Beach,Gulf/Ocean - Full,Lagoon
  • Water View YN: 1
  • Waterfront Feet Total: 1600
  • Flood Zone Panel: 12115C0143G
  • Water Frontage Feet Gulf Ocean: 800

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Clubhouse, Fitness Center, Gated Community - Guard, Pool, Racquetball, Sidewalks, Tennis Court(s)
  • Association Amenities: Basketball Court, Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Pickleball Court(s), Pool, Racquetball, Sauna, Security, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s), Vehicle Restrictions
  • Association Fee Frequency: Quarterly
  • Association Name: Ryan Bauman
  • Phone: 941-323-3000
  • Association: Yes
  • Security: Gated Community, Security Gate
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Condo Fees: 19036
  • Condo Land Included YN: 0
  • Association Email: rbauman@kwpmc.com
  • Monthly Condo Fee Amount: 1586
  • Association URL: www.gulfandbayclubsiestakey.com

Fee Information

  • Total Annual Fees: 19036.00
  • Total Monthly Fees: 1586.33

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105044070
  • Additional Parcels: No
  • Lot Features: In County, Near Public Transit, Sidewalk, Street Brick, Private
  • Flood Zone Code: AE

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Submit an "Intent to Rent" application with $100

Tax Info

  • Tax Annual Amount: 8684
  • Tax Block: C
  • Tax Book Number: 1326-768
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean
  • Approval Process: Submit an "Intent to Rent" application with $100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2024
Closed on
Jun 30, 2025
Sold by
Mary Lou Karg Trust and Ruhl Susan
Bought by
Corropolese Joseph I and Corropolese Marcia M
Seller's Agent
Tina Johns
COLDWELL BANKER REALTY
Buyer's Agent
David Liberatore
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$1,099,000
Sold Price
$1,075,000
Premium/Discount to List
-$24,000
-2.18%
Views
23
Current Estimated Value
$1,021,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$53,934
Avg. Annual Appreciation
-9.42%

Purchase Details

Closed on
Jan 5, 2009
Sold by
Karg Kenneth R and Karg Mary Lou
Bought by
Karg Mary Lou
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

Date Type Sale Price Title Company
Warranty Deed -- First International Title
Interfamily Deed Transfer -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2025 06/30/25 Sold $1,075,000 -2.2% $804 / Sq Ft
06/03/2025 06/03/25 Pending -- -- --
06/02/2025 06/02/25 For Sale $1,099,000 +2.2% $822 / Sq Ft
06/01/2025 06/01/25 Off Market $1,075,000 -- --
05/04/2025 05/04/25 Price Changed $1,199,000 -2.1% $897 / Sq Ft
02/17/2025 02/17/25 Price Changed $1,225,000 -3.9% $916 / Sq Ft
11/29/2024 11/29/24 For Sale $1,275,000 -- $954 / 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
2025 $9,001 $733,300 -- $733,300
2024 $8,684 $680,075 -- --
2023 $8,684 $781,600 $0 $781,600
2022 $7,895 $697,200 $0 $697,200
2021 $6,716 $519,700 $0 $519,700
2020 $6,205 $464,500 $0 $464,500
2019 $6,475 $490,400 $0 $490,400
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: A4629537

Stellar MLS

APN: 0105-04-4070