$1,367,000
SOLD OCT 4, 2022

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

3 Beds
2 Baths
1,361 Sq Ft
$1,334/mo HOA Fee

Recently Sold

$1,004 Per Sq Ft

12% Below List Price

134 Days on Market

Highlights

  • 800 Feet of Ocean or Gulf Waterfront
  • Water access To Gulf or Ocean
  • Heated Lap Pool
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • Sauna

About This Home

As of October 2022

This rarely available two-bedroom-plus-den, furnished first-floor walk-out end unit is located in Siesta Key’s most sought-after residential beachfront resort, Gulf & Bay Club. Enjoy a convenient island lifestyle in a beautiful, completely renovated condominium that lives like a single-family home with easy access to the outdoors, light and bright with windows on three sides and just 30 steps from the front door to your car. Step out your back lanai door directly to the tropically landscaped grounds offering resort pools and 800 feet of private beach on the famous white quartz sands of Siesta Beach, rated No. 1 in the U.S. This fabulously furnished condominium was gutted and thoughtfully renovated with the highest quality finishes, materials and appliances, including redesigning the structure and floor plan to ensure the optimal use of space in an open concept. This home is better than new — raised ceilings, smooth walls, new front door, frame and hardware, new steel studs and drywall and solid panel doors with polished nickel hardware throughout. The gorgeous well-planned kitchen features a breakfast bar, custom, Amish craftsman-built shaker cabinets, quartz countertops, marble backsplash, new Bosch appliances, panel dishwasher, ovens, induction cooktop and stainless steel vent hood. An additional bank of cabinets was created for entertaining, featuring dual beverage refrigeration drawers and storage. The dining and living rooms flow easily to the lanai, which overlooks the lush gardens and lagoon, where you’ll savor colorful sunsets each evening. The master bedroom retreat features a fully outfitted walk-in closet, power shade and a redesigned luxurious bath featuring a custom barn door, custom cabinetry, quartz countertops and expanded shower with designer tile work. The split bedroom plan allows privacy for guests. Bahama shutters, LVP flooring and Pottery Barn and Haverty’s furnishings throughout. Other upgrades include new fixtures, Moen faucets, ceiling fans, electric switches, and outlets with USB port, low voltage LED lighting, new wiring, upgraded panel box and breakers, quick recovery water heater, air handler, ductwork and fire suppression system. Plus, a full-size LG Laundry tower in utility room. The Gulf & Bay Club, nestled on 32 acres in the heart of Siesta Key with 800 feet of beautiful white quartz sand beaches, is located on world-famous Siesta Beach and is one of the premier beachfront properties on Siesta Key. Amenities include three heated pools (including lap pool), freshwater lagoon with tropically landscaped grounds and promenade, eight tennis courts, racquetball, basketball, seasonally organized golf and tennis, pickleball, large fitness facility, clubhouses with kitchen facilities and library, electric car charging stations, 24-hour guard gate and security and on-site management — a premium complex that is in high demand throughout the year. Discover nearby Siesta Village’s island hospitality, unique shops and restaurants. Just 15 minutes to downtown Sarasota’s urban and cultural amenities.

Last Agent to Sell the Property

Judie Berger

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0671663 Listed on: 05/05/2022

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Guy Nelson

COLDWELL BANKER REALTY License #3459269

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,488

Year Built

  • Built in 1979

Lot Details

  • South Facing Home
  • Street paved with bricks

HOA Fees

  • $1,334 Monthly HOA Fees

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
  • Furnished
  • Built-In Features
  • Shelving
  • Bar Fridge
  • Dry Bar
  • Ceiling Fan
  • Shades
  • Shutters
  • Sliding Doors
  • Combination Dining and Living Room
  • Den
  • Inside Utility
  • Sauna
  • Security Gate

Kitchen

  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Brick
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Tall Countertops In Bathroom
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated Lap Pool
  • Heated In Ground Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • Enclosed patio or porch
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • 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, fidelity bond, insurance, internet, maintenance structure, ground maintenance, management, pest control, private road, recreational facilities, security, sewer, trash, water
  • Becky Joy Association, Phone Number (941) 349-3000
  • Visit Association Website
  • Gulf & Bay Club Community
  • Gulf & Bay Club Ph 2 Subdivision
  • The community has rules related to building or community restrictions, deed restrictions
  • 7-Story Property

Recreation

  • Racquetball

Pet Policy

  • No Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,488

Year Built

Built in 1979

Lot Details

0

HOA Fees

$1,334 per month

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Pool, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 1361
  • Lot Size Acres: 3.44
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 1473
  • Lot Size Sq Ft: 149695
  • Directions to Property: From the north bridge to Siesta Key, follow Higel Avenue. Bear left at traffic light onto Midnight Pass Road. Turn left at next traffic light to continue on Midnight Pass Road. Gulf & Bay Club is on the right. From the Stickney Point Bridge to Siesta Key, turn right onto Midnight Pass Road, follow to Gulf & Bay Club, on the left. Stop at guard gate for pass, left to Building B, unit 110 is at the right end of the building. Park in open guest spaces.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 1004.41
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: End Unit,Mid Rise
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Dry Bar, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 7
  • Window Features: Shades, Shutters
  • Street Number Modifier: 5780
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 126.44
  • Room Count: 10

Exterior Features

  • Direction Faces: South
  • Other Structures: Tennis Court(s)
  • Pool Features: Heated, In Ground, Lap
  • Exterior Features: Lighting, Outdoor Grill, Sauna, Sidewalk, Sliding Doors, Tennis Court(s)
  • Roof: Built-Up
  • Pool Private: No
  • View: Garden, Pool, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Rear Porch, Screened
  • Road Surface Type: Brick, Paved
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 800
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0143F
  • Additional Water Information: Beach front community, private beach on Gulf of Mexico
  • Water Frontage Feet Gulf Ocean: 800

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness Center, Gated, Pool, Racquetball, Sidewalks, Special Community Restrictions, Tennis Courts, Water Access, Waterfront
  • Association Fee Frequency: Quarterly
  • Association Name: Becky Joy
  • Phone: 941-349-3000
  • Association: Yes
  • Security: Fire Alarm, Gated Community, Security Gate, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Building Name Number: B
  • Condo Fees: 4001
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: rjoy@castlegroup.com
  • Monthly Condo Fee Amount: 1334
  • Association URL: gulfandbayclubsiestakey.com

Fee Information

  • Total Annual Fees: 16004.00
  • Total Monthly Fees: 1333.67

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105043009
  • Additional Parcels: No
  • Lot Features: FloodZone, Near Public Transit, Sidewalk, Paved, Private
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 13907
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Rental application with $100 submitted to office.

Tax Info

  • Tax Annual Amount: 6487.73
  • Tax Block: B
  • Tax Book Number: 13-27
  • Tax Lot: 110

Multi Family

  • Waterfront Features: Gulf/Ocean
  • Approval Process: Gulf and Bay Condominium Association Documents

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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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 $1,367,000 --
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: A4533979

Stellar MLS

APN: 0105-04-3009