NOT LISTED FOR SALE

Gulf and Bay Club 5780 Midnight Pass Rd Unit 402 Sarasota, FL 34242

Estimated Value: $739,000 - $934,000

2 Beds
2 Baths
1,361 Sq Ft
$1,586/mo HOA Fee

Last Sold February 14, 2025

Last sale price $865,000 $636 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,489/month

581 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 Lap Pool

About This Home

As of February 2025

Unquestionally Gulf & Bay is the finest beachfront complex on Siesta Key. With its 800 feet of frontage on luxurious Siesta Key Beach you will be captivated by the beautiful aqua waters and so soft crystal sands that have been the subject of “Finest” beaches over many years. This is in addition to the view of private pools, lagoon and fountains all bringing you the tropical lifestyle so cherished by residents. Step into your condo home that features custom wood kitchen cabinetry with soft close drawers, granite counters, glass lit shelving to display your treasured pieces, crown molding throughout, tray ceilings with recessed lighting and so many more welcoming features you will want to stay. Your assigned parking slot is conveniently located at base of building stairway. Gulf & Bay has many amenities which include tennis, designated pickleball courts, shuffleboard, fitness center with sauna and spa, three swimming pools, barbecue grills with picnic areas, two clubhouses one with library and kitchen facility, electric car charging stations, 24-hour security in this Guard-gated community. And for additional guests, you can rent a guest suite for up to 2 weeks. Since carport area located at B bldg is under construction please park in open parking in the C Bldg and take a nice walk through the courtyard over to B Bldg Lobby.

Last Agent to Sell the Property

Stephanie Kitsemble

COLDWELL BANKER REALTY Brokerage Phone: 941-366-8070 License #3073261 Listed on: 06/11/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Rudy Dudon

MICHAEL SAUNDERS & COMPANY License #3099658

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,490

Year Built

  • Built in 1979

Lot Details

  • West Facing Home
  • Vinyl Fence
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $1,586 Monthly HOA Fees

Property Views

  • Woods

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,361 Sq Ft Home
  • Open Floorplan
  • Partially Furnished
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling Fan
  • Shutters
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility
  • Sauna

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights
  • Security Gate
  • Security Fence, Lighting or Alarms

Parking

  • 1 Carport Space
  • Guest Parking
  • Reserved Parking
  • Assigned Parking

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • Outdoor Shower
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Fixed Bridges
  • Balcony
  • Screened Patio
  • 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 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, pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, maintenance, management, pest control, private road, recreational facilities, security, sewer, trash, water
  • William Seeley Association, Phone Number (800) 514-5770
  • Visit Association Website
  • High-Rise Condominium
  • Gulf & Bay Club Community
  • Gulf & Bay Club Ph 2 Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, fencing, vehicle restrictions
  • 7-Story Property

Amenities

  • Sauna
  • Elevator

Recreation

  • Community Basketball Court
  • Racquetball
  • Recreation Facilities
  • Shuffleboard Court
  • Community Spa

Pet Policy

  • No Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,490

Year Built

Built in 1979

Lot Details

3.44 Acres

HOA Fees

$1,586 per month

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1361
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 1473
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 136.85
  • Escrow State: FL
  • Floor Number: 1
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 635.56
  • Water Access YN: 1
  • Condo Fees Term: Annual
  • Property Description: High Rise
  • Water Frontage Feet Beach: 800
  • MFR_BedroomClosetType: Walk-in Closet
  • Attribution Contact: 941-366-8070
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 7
  • Window Features: Blinds, Drapes, Shutters, Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 126.44

Exterior Features

  • Direction Faces: West
  • Other Structures: Tennis Court(s)
  • Pool Features: Heated, In Ground, Lap, Lighting
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sauna, Sliding Doors, Tennis Court(s)
  • Roof: Built-Up
  • Home Warranty: No
  • Pool Private: No
  • View: Pool, Trees/Woods, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Patio, Screened
  • Road Surface Type: Paved
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Beach,Gulf/Ocean
  • Water Extras: Bridges - Fixed
  • Water View: Beach,Gulf/Ocean - Full,Lake
  • Water View YN: 1
  • Waterfront Feet Total: 1600
  • Flood Zone Panel: 12115C0143F
  • Water Frontage Feet Gulf Ocean: 800

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Electric Vehicle Charging Station(s), Guest, Reserved

Utilities

  • Utilities: Cable Connected, Electricity 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, Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, Gated Community - Guard, Pool, Racquetball, Tennis Courts
  • Association Amenities: Basketball Court, Cable TV, Clubhouse, Elevator(s), Fence Restrictions, Fitness Center, Gated, Lobby Key Required, Maintenance, Pickleball Court(s), Pool, Racquetball, Recreation Facilities, Sauna, Security, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s), Vehicle Restrictions
  • Association Fee Frequency: Annually
  • Association Name: William Seeley
  • Phone: 800-514-5770
  • Association: Yes
  • Security: Gated Community, Key Card Entry, Security Fencing/Lighting/Alarms, Security Gate, Security Lights, Security System, Smoke Detector(s)
  • 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: wseeley@kwpmc.com
  • Monthly Condo Fee Amount: 1586
  • Association URL: gulfandbayclubsiestakey.com
  • Management: Full Time
  • SW Subdiv Condo Num: 7476

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: 0105043031
  • Additional Parcels: No
  • Fencing: Fenced, Vinyl
  • Lot Features: FloodZone, In County, Landscaped, Near Public Transit
  • Flood Zone Code: VE

Rental Info

  • Furnished: Partially
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Application submitted to Association

Tax Info

  • Tax Annual Amount: 5490
  • Tax Block: B
  • Tax Book Number: 13-27
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean
  • Approval Process: Application $150 fee to Association

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2023
Closed on
Feb 12, 2025
Sold by
Childs George J and Childs Retha Juanita
Bought by
Massimiani John Michael and Massimiani Cynthia Michelle
Seller's Agent
Stephanie Kitsemble
COLDWELL BANKER REALTY
Buyer's Agent
Rudy Dudon
MICHAEL SAUNDERS & COMPANY
List Price
$1,335,000
Sold Price
$865,000
Premium/Discount to List
-$470,000
-35.21%
Views
236
Current Estimated Value
$857,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,644
Avg. Annual Appreciation
-0.87%
Original Mortgage
$465,000
Outstanding Balance
$461,134
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$396,222

Purchase Details

Closed on
Feb 2, 2000
Sold by
Childs Shelley S
Bought by
Childs George J
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 Buyer Sale Price Title Company
Massimiani John Michael $865,000 Msc Title
Childs George J -- --
Childs George J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Massimiani John Michael $465,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2025 02/14/25 Sold $865,000 -1.1% $636 / Sq Ft
01/13/2025 01/13/25 Pending -- -- --
01/09/2025 01/09/25 Price Changed $875,000 -5.4% $643 / Sq Ft
06/21/2024 06/21/24 Price Changed $925,000 -9.8% $680 / Sq Ft
04/03/2024 04/03/24 Price Changed $1,025,000 -10.9% $753 / Sq Ft
02/10/2024 02/10/24 Price Changed $1,150,000 -4.2% $845 / Sq Ft
01/20/2024 01/20/24 Price Changed $1,200,000 -7.6% $882 / Sq Ft
11/06/2023 11/06/23 Price Changed $1,299,000 -2.7% $954 / Sq Ft
10/04/2023 10/04/23 For Sale $1,335,000 +54.3% $981 / Sq Ft
07/13/2023 07/13/23 Off Market $865,000 -- --
06/11/2023 06/11/23 For Sale $1,335,000 -- $981 / Sq Ft
Source: Stellar MLS

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 $5,837 $510,107 -- --
2024 $5,644 $495,731 -- --
2023 $5,644 $481,292 $0 $0
2022 $5,490 $467,274 $0 $0
2021 $5,500 $453,664 $0 $0
2020 $5,525 $447,400 $0 $447,400
2019 $5,786 $472,400 $0 $472,400
2018 $5,800 $474,263 $0 $0
2017 $5,776 $464,508 $0 $0
2016 $5,768 $536,800 $0 $536,800
2015 $5,877 $504,000 $0 $504,000
2014 $5,856 $441,581 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4572370

Stellar MLS

APN: 0105-04-3031

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