$625,000
SOLD MAR 3, 2021

Gulf and Bay Club 5780 Midnight Pass Rd Unit 110 Sarasota, FL 34242

2 Beds
2 Baths
1,361 Sq Ft
3.44 Acres

Recently Sold

$459 Per Sq Ft

17 Days on Market

Highlights

  • Waterfront Community
  • Water Views
  • Sauna
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • Gated Community

About This Home

As of October 2022

This highly sought after gem on the brilliant quarts white sands of Siesta Key. Gulf & Bay Club offers one of the largest properties on Siesta. There are approximately 37 acres of lush and impeccably maintained grounds. The very rare end unit with walk out access to the property is amazing for family's to enjoy and feel right at home. You can have the luxury of resort style living while watching kiddos play in the grass. Unit 110-B is in close proximity to a lit grilling station and lit picnic tables. The unit is also only about 50 yards from one of the 3 heated pools in the complex. The natural light flows in through the side windows and the Florida room with an amazing view of the large lake and water fountain. There are two electric vehicle charging stations that are available and free to guests and owners, 3 large heated pools w/wifi, including 1 lap pool. There are 8 tennis courts including 1 Har-Tru court with organized tennis from November to May. Gulf & Bay Club has Basketball/Racquetball/Pickleball courts, a shuffleboard court and organized seasonal golf for men and women. To top everything off, there is a state of the art fitness center, including free weights, a yoga room, 6 Dry saunas, hot tubs and free Wi-Fi. The Clubhouses offer a library, a bar, pool table and TV s. Numerous social activities are scheduled during season. There are 2 Freshwater lakes, numerous barbecue areas and a beautiful picnic island. AND BEST OF ALL Gulf & Bay Club owns 800ft of private beach! Siesta Key is known for its soft pearl white quartz sand beach which has been voted the #1 Beach in the USA by TripAdvisor and Dr. Beach. All of this is waiting for you.

Last Agent to Sell the Property

Rodney Miles

PRIVATE WEALTH REALTY INC License #3475180 Listed on: 01/14/2021

Last Buyer's Agent

Judie Berger

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0671663

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,450

Year Built

  • Built in 1979

Lot Details

  • Southeast Facing Home
  • Street paved with bricks

Parking

  • 1 Carport Space

Property Views

  • Garden

Home Design

  • Built-Up Roof
  • Concrete Siding
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 1,361 Sq Ft Home
  • Open Floorplan
  • Sauna

Kitchen

  • Range
  • Microwave

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Outdoor Kitchen
  • Exterior Lighting
  • Gazebo
  • Outdoor Grill

Location

  • Flood Insurance May Be Required
  • Property is near public transit

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Legal Lot and Block 110 / B
  • Assessor Parcel Number 0105043009

Community Details

Overview

  • Association fees include 24-hour guard, cable TV, common area taxes, community pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance exterior, ground maintenance, manager, pest control, pool maintenance, private road, recreational facilities, security, sewer, trash, water
  • Susan Sherwood Association, Phone Number (941) 349-3000
  • Gulf & Bay Club Community
  • Gulf & Bay Club Ph 2 Subdivision
  • Association Approval Required
  • 7-Story Property

Recreation

  • Racquetball

Security

  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,450

Year Built

Built in 1979

Lot Details

0

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Exterior, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Property Description: End Unit, High Rise
  • Construction Materials: Concrete, Stucco
  • Living Area: 1361.00
  • Homestead: Yes
  • Lot Size Acres: 3.44
  • Year Built: 1979
  • Building Area Total: 1361.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4487473?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4487473?w=Customer
  • Lot Size Sq Ft: 149695
  • Building Search Sq Meters: 126.44
  • Directions to Property: Gulf and Bay Club is located 3.4 miles North of the South Bridge of Siesta Key on the West side of the road. If you would enter off of Clark Rd ( a.k.a. SR 72 ) #B-110 is Located 3.5 Miles from the North Bridge to Siesta Key. Once over the bridge, drive to the stoplight, veer left on to Midnight Pass Rd. continue to the stoplight and take a Left. Gulf and Bay Club is on the West side of the road.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1047701
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 10
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Open Floorplan
  • Appliances Included: Microwave, Range, Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Floor Number: 1
  • Levels: One
  • Stories: 7
  • Living Area Meters: 126.44
  • Street Number Modifier: 5780

Exterior Features

  • Direction Faces: Southeast
  • Other Structures: Gazebo, Outdoor Kitchen, Tennis Court(s)
  • Exterior Features: Lighting, Outdoor Grill, Sauna, Sidewalk, Tennis Court(s)
  • Roof: Built-Up
  • Flood Zone Code: AE
  • Flood Zone Date: 11/04/2016
  • Flood Zone Panel: 12115C0143F
  • View: Garden, Pool, Water
  • Road Surface Type: Brick

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Heat Pump
  • 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, Waterfront
  • Building Name Number: B
  • Condo Fees: 2865
  • Condo Fees Term: Quarterly
  • Monthly Condo Fee Amount: 955
  • Association Approval Required: Yes
  • Association Name: Susan Sherwood
  • Phone: 941-349-3000
  • Security: Fire Alarm, Gated Community, Key Card Entry, Smoke Detector(s)

Fee Information

  • 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: 0105043009
  • Lot Features: Flood Insurance Required, Level/Flat, Near Public Transit, Sidewalk
  • Lot Size Square Meters: 13907

Rental Info

  • Minimum Lease: 1 Month
  • Additional Lease Restrictions: You are able to use the amazing on sight Tropical Sands Accommodations to assist with the day to day of the rental program, or you are able to manage by owner.
  • Lease Restrictions: Yes

Multi Family

  • Approval Process: Gulf and Bay Condominium Documents section 9.1

Tax Info

  • Tax Annual Amount: 5450.00
  • Tax Block: B
  • Tax Book Number: 13-27
  • Tax Lot: 110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Oct 3, 2022
Sold by
James R Riley And Lisa C Riley Family Tr
Bought by
Meloch Karin
Seller's Agent
Judie Berger
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Guy Nelson
COLDWELL BANKER REALTY
List Price
$1,550,000
Sold Price
$1,367,000
Premium/Discount to List
-$183,000
-11.81%
Current Estimated Value
$1,179,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$187,383
Avg. Annual Appreciation
-4.03%

Purchase Details

Listed on
Jan 14, 2021
Closed on
Mar 3, 2021
Sold by
Pardo Suzanne M and Molnar Trust
Bought by
Riley James R and Riley Lisa C
Seller's Agent
Rodney Miles
PRIVATE WEALTH REALTY INC
Buyer's Agent
Judie Berger
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$624,900
Sold Price
$625,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.59%
Original Mortgage
$468,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2016
Sold by
Molnar Paul and Molnar Priscilla
Bought by
Molnar Paul and Molnar Priscilla

Purchase Details

Closed on
Jul 1, 2016
Bought by
Molnar Trust

Purchase Details

Closed on
Jul 17, 2002
Sold by
Molnar Paul
Bought by
Molnar Apul

Purchase Details

Closed on
Feb 26, 2002
Sold by
Molnar Priscilla
Bought by
Molnar Paul

Purchase Details

Closed on
May 7, 1994
Sold by
White Richard L and White Judy L
Bought by
Molmar Priscilla
Source: Public Records

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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 $1,367,000 --
Warranty Deed $625,000 Attorney
Warranty Deed -- None Available
Deed $100 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $288,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $468,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2022 10/04/22 Sold $1,367,000 +1.3% $1,004 / Sq Ft
09/17/2022 09/17/22 Pending -- -- --
07/01/2022 07/01/22 Price Changed $1,350,000 -10.0% $992 / Sq Ft
06/04/2022 06/04/22 Price Changed $1,500,000 -3.2% $1,102 / Sq Ft
05/05/2022 05/05/22 For Sale $1,550,000 +148.0% $1,139 / Sq Ft
03/03/2021 03/03/21 Sold $625,000 0.0% $459 / Sq Ft
02/01/2021 02/01/21 Off Market $625,000 -- --
01/31/2021 01/31/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $624,900 -- $459 / 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 $11,890 $978,100 -- $978,100
2023 $11,890 $984,500 $0 $984,500
2022 $8,340 $674,400 $0 $674,400
2021 $6,488 $498,600 $0 $498,600
2020 $5,451 $441,900 $0 $441,900
2019 $5,800 $473,500 $0 $473,500
2018 $5,717 $467,600 $0 $0
2017 $5,693 $457,982 $0 $0
2016 $5,686 $529,400 $0 $529,400
2015 $5,793 $497,100 $0 $497,100
2014 $5,772 $435,378 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4487473

Stellar MLS

APN: 0105-04-3009