NOT LISTED FOR SALE

Gulf and Bay Club 5780 Midnight Pass Rd Unit 207 Sarasota, FL 34242

Estimated Value: $950,000 - $1,138,000

2 Beds
2 Baths
1,535 Sq Ft
$751/mo HOA Fee

Last Sold February 15, 2019

Last sale price $715,000 $466 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $7,275/month

32 Days on Market

Highlights

  • 1,292 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Heated In Ground Pool
  • Phillippi Shores Elementary School Rated A
  • Private Beach
  • Pool View

About This Home

As of February 2019

Don't settle for a tired condo or go through the hassles of a remodel. This remodeled 1,535 square foot condo is in one of the most popular condo communities on Siesta Key beach. Some upgrades include raised ceilings, new kitchen, new bathrooms, new flooring, hurricane glass and the lanai was enclosed to provide a fabulous place to relax and enjoy an evening beverage while watching the sunset. Gulf & Bay Club is a destination beach front condo community on over 30 acres, almost 800 feet of beach frontage, manned guard gate, impeccably maintained grounds, 3 heated pools, 8 tennis courts, fitness center with spa, 3 bedroom guest condo available for rent for extended family, racquetball and basketball courts, car wash area, bike racks, several barbecue grills with picnic tables, and expansive clubhouse with library, pool and bar. Siesta Key Village is within a walk, bike ride, or short drive that offers restaurants, entertainment, boutiques, and ice cream. Residents can rent generate some income as the community allows one-month minimum rentals.

Last Agent to Sell the Property

Marc Rasmussen

CORCORAN DWELLINGS REALTY License #0684744 Listed on: 12/12/2018

CORCORAN DWELLINGS REALTY

Last Buyer's Agent

Frank Pachinger

RE/MAX ALLIANCE GROUP License #3312381

RE/MAX ALLIANCE GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,730

Year Built

  • Built in 1979

Lot Details

  • Private Beach
  • Public Beach
  • North Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $751 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,535 Sq Ft Home
  • Furnished
  • Crown Molding
  • Blinds
  • Great Room
  • Family Room Off Kitchen

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Gazebo
  • Outdoor Grill

Location

  • Flood Zone Lot

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, insurance, maintenance structure, ground maintenance, manager, private road, recreational facilities, security
  • Gulf & Bay Association, Phone Number (941) 349-3000
  • Mid-Rise Condominium
  • Gulf & Bay Club Condos
  • Gulf & Bay Club Community
  • Gulf & Bay Club Ph 2 Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 7-Story Property

Amenities

  • Elevator

Recreation

  • Tennis Courts

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,730

Year Built

Built in 1979

Lot Details

0

HOA Fees

$751 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Private Road, Recreational Facilities, Security
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1535
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 1578
  • Directions to Property: From Stickney Point Road go north to Gulf and Bay (gulfside). If you are coming from the north, go south on Midnight Pass road to Gulf and Bay (gulfside).
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4421406&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4421406&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Mid Rise
  • Ratio: Close Price\List Price: 0.95461
  • Price per Sq Ft: 465.8
  • Close to Original List Price Ratio: 0.95461
  • Ratio: Current Price\Building Area Total: 453.11
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Crown Molding, Kitchen/Family Room Combo
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 7
  • Window Features: Blinds
  • Street Number Modifier: 5780
  • Room Count: 7
  • Additional Rooms: Family Room, Great Room
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: North
  • Other Structures: Gazebo, Tennis Court(s)
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Irrigation System, Outdoor Grill, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: No
  • View: Pool
  • Water Body Name: Siesta Key Beach
  • Waterfront: Yes
  • Water Access: Beach - Private, Beach - Public, Gulf/Ocean
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0143F
  • Waterfront Frontage: 1292
  • Water Frontage Feet Beach Pub: 646
  • Water Frontage Feet Gulf Ocean: 646

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Guest
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Fee Frequency: Quarterly
  • Association Name: Gulf & Bay Association
  • Phone: 941-349-3000
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 2253
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 751
  • Complex Community Name NCCB: GULF & BAY CLUB
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 9012
  • Total Monthly Fees: 751

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105043016
  • Additional Parcels: No
  • Lot Features: FloodZone, In County
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: 1 month/12 leases per year

Tax Info

  • Tax Annual Amount: 7730
  • Tax Block: B
  • Tax Book Number: 13-27
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Beach - Public, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2022
Sold by
Axler Maxwell L
Bought by
Mka Revocable Trust
Current Estimated Value
$1,038,617

Purchase Details

Closed on
Oct 22, 2020
Sold by
Axler Maxwell L and Maxwell Axler Family Trusts
Bought by
Axler Maxwell L

Purchase Details

Listed on
Dec 12, 2018
Closed on
Apr 5, 2019
Sold by
Axler Maxwell L
Bought by
Axler Maxwell L and Maxwell Family Trust
Seller's Agent
Marc Rasmussen
CORCORAN DWELLINGS REALTY
Buyer's Agent
Frank Pachinger
RE/MAX ALLIANCE GROUP
List Price
$749,000
Sold Price
$715,000
Premium/Discount to List
-$34,000
-4.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$483,000
Interest Rate
4.37%

Purchase Details

Listed on
Dec 12, 2018
Closed on
Feb 19, 2019
Sold by
Wagoner Diana and Wagoner Thomas P
Bought by
Axler Maxwell L
Seller's Agent
Marc Rasmussen
CORCORAN DWELLINGS REALTY
Buyer's Agent
Frank Pachinger
RE/MAX ALLIANCE GROUP
List Price
$749,000
Sold Price
$715,000
Premium/Discount to List
-$34,000
-4.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,000
Interest Rate
4.37%

Purchase Details

Closed on
Oct 20, 2010
Sold by
Wagoner Diana
Bought by
Wagoner Thomas P and Wagoner Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,152
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2004
Sold by
Muller Jeremy
Bought by
Wagoner Diana G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$561,750
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2000
Sold by
Campbell Robert F and Campbell Judith L
Bought by
Muller Jeremy
Source: Public Records

Range of Values:

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Average Value
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List Price
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 Buyer Sale Price Title Company
Mka Revocable Trust $232,000 Law Offices Of Eric C Fleming
Axler Maxwell L -- Attorney
Axler Maxwell L -- Attorney
Axler Maxwell L $715,000 --
Wagoner Thomas P -- Affinity Title Agency Inc
Wagoner Diana G $749,900 Benchmark Title Agency Inc
Muller Jeremy $437,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Axier Maxwell L $475,323
Previous Owner Axler Maxwell L $483,000
Previous Owner Axler Maxwell L --
Previous Owner Wagoner Thomas P $380,152
Previous Owner Wagoner Thomas P $417,000
Previous Owner Wagoner Thomas P $115,000
Previous Owner Wagoner Diana G $561,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2019 02/15/19 Sold $715,000 -4.5% $466 / Sq Ft
01/13/2019 01/13/19 Pending -- -- --
12/12/2018 12/12/18 For Sale $749,000 -- $488 / 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 $10,364 $851,600 -- $851,600
2023 $10,364 $852,600 $0 $852,600
2022 $8,723 $769,600 $0 $769,600
2021 $7,444 $577,200 $0 $577,200
2020 $7,157 $542,500 $0 $542,500
2019 $7,523 $576,400 $0 $576,400
2018 $7,600 $583,000 $0 $583,000
2017 $7,730 $583,100 $0 $583,100
2016 $7,362 $542,800 $0 $542,800
2015 $7,113 $509,600 $0 $509,600
2014 $6,885 $449,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marc Rasmussen

    Seller's Agent in 2019

    Marc Rasmussen

    CORCORAN DWELLINGS REALTY

    (941) 822-0708

    11 in this area

    38 Total Sales

    Marc Rasmussen
    Section Image
  • Frank Pachinger

    Buyer's Agent in 2019

    Frank Pachinger

    RE/MAX

    (941) 993-4778

    7 in this area

    26 Total Sales

    Frank Pachinger
    Section Image
See All Agents

About Gulf and Bay Club

Map

Source: Stellar MLS

MLS Number: A4421406

Stellar MLS

APN: 0105-04-3016

Florida Sarasota County Sarasota 34242

5780 Midnight Pass Rd Unit 207, Sarasota, FL

This home is located at 5780 Midnight Pass Rd Unit 207, Sarasota, FL 34242 since 12 December 2018 and is currently estimated at $1,038,617, approximately $676 per square foot. This property was built in 1979. 5780 Midnight Pass Rd Unit 207 is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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