$870,000
SOLD APR 14, 2025

Gulf and Bay Club 5780 Midnight Pass Rd Unit 408 Sarasota, FL 34242

2 Beds
2 Baths
1,361 Sq Ft
$1,694/mo HOA Fee

Recently Sold

$639 Per Sq Ft

27% Below List Price

79 Days on Market

Highlights

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

About This Home

As of April 2025

RESORT STYLE LIVING IN THIS EXQUISITELY RENOVATED 2-BEDROOM/2-BATH CONDO. THE LANAI FRAMES THE VIEW OF THE SPARKLING WATERS OF GULF OF MEXICO & AMAZING SUNSETS. OPEN FLOOR PLAN WITH SPACIOUS LIVING ROOM/DINING ROOM WITH SLIDERS TO THE LANAI. KITCHEN FEATURES QUARTZ COUNTERS, ALL STAINLESS STEEL APPLIANCES, DECORATIVE TILE BACKSPLASH & WOOD PAINTED CABINETRY WITH ADJACENT BREAKFAST ROOM. LARGE MASTER BEDROOM SUITE WITH DOUBLE FRENCH DOORS TO THE LANAI & OUTFITTED WALK-IN CLOSET. THE LUXURIOUS MASTER BATH WITH QUARTZ VANITIES. OTHER DOUBLE ROOM HAS BUILT-IN OFFICE & ADJACENT TO A FULLY RENOVATED FULL BATH. LAUNDRY IS IN UNIT.
GULF AND BAY HAS LONG BEEN KNOWN AS A PREMIER CONDO DEVELOPMENT ON SIESTA KEY. ONE OF THE LARGEST PRIVATE BEACH AREAS WITH SPECTACULAR, TROPICAL RESORT STYLE GROUNDS: 3-HEATED POOLS, LARGE PONDS, LIGHTED LANDSCAPING & BRICK WALKWAYS. BBQ PICNIC AREAS, SAUNAS, CLUBHOUSE, FITNESS CENTER, POOL HOUSE WITH REST ROOMS, BASKETBALL, TENNIS & SOON PICKLEBALL COURTS. GUARDED GATED ENTRANCE WITH SECURITY THROUGHOUT. THE PERFECT PLACE TO CALL HOME. A PLEASURE TO SHOW. SOLD TURNKEY FURNISHED.

Last Agent to Sell the Property

Betsy Campbell

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #3551547 Listed on: 12/23/2024

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Julie Sattler

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #3552278

Last Buyer's Agent

Adnan Dedic

COMPASS FLORIDA LLC License #3359117

COMPASS FLORIDA LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,457

Year Built

  • Built in 1979

Lot Details

  • Southwest Facing Home
  • Irrigation

HOA Fees

  • $1,694 Monthly HOA Fees

Property Views

Home Design

  • Entry on the 4th floor
  • Block Foundation
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,361 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Sauna
  • Security Lights

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 114 Carport Spaces
  • 1 Parking Garage Space

Outdoor Features

  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Fixed Bridges
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Thermostat
  • 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, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, management, pest control, private road, 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
  • The community has rules related to vehicle restrictions

Amenities

  • Community Mailbox
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,457

Year Built

Built in 1979

Lot Details

0

HOA Fees

$1,694 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, Private Road, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1361
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 1361
  • Status: Sold
  • Co List Office Mls Id: MFR281502395
  • Co List Office Phone: 941-349-3444
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Escrow City: Sarasota
  • Escrow State: FL
  • Escrow Street Name: Ocean Blvd
  • Floor Number: 4
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 639.24
  • Total Acreage: Non-Applicable
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: High Rise
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-349-3444
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Elevator, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Block
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 126.44

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Sauna, Sidewalk, Sliding Doors, Tennis Court(s)
  • Roof: Built-Up
  • Pool Private: No
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Beach - Access Deeded,Gulf/Ocean
  • Water Extras: Bridges - Fixed
  • Water View: Beach,Gulf/Ocean - Partial,Pond
  • Water View YN: 1
  • Waterfront Feet Total: 1600
  • Water Frontage Feet Gulf Ocean: 1600

Garage/Parking

  • Carport Spaces: 114
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Community Mailbox, Fitness Center, Gated Community - Guard, Pool, Sidewalks, Tennis Court(s)
  • Association Amenities: Clubhouse, Elevator(s), Gated, Lobby Key Required, Pickleball Court(s), Pool, Security, Tennis Court(s), Vehicle Restrictions
  • Association Name: William Seeley
  • Phone: 800-514-5770
  • Association: Yes
  • Security: Security Lights
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Condo Fees: 5082
  • Condo Land Included YN: 0
  • Association Email: wseeley@kwpmc.com
  • Monthly Condo Fee Amount: 1694
  • Association URL: gulfandbayclubsiestakey.com
  • Management: On Site Property Manager

Fee Information

  • Total Annual Fees: 20328.00
  • Total Monthly Fees: 1694.00

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105043037
  • Additional Parcels: No
  • Property Attached Yn: Yes
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Ask Association

Tax Info

  • Tax Annual Amount: 9456.81
  • Tax Block: B
  • Tax Book Number: 13-27
  • Tax Lot: 408

Multi Family

  • Waterfront Features: Gulf/Ocean
  • Approval Process: Ask Association

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2024
Closed on
Apr 14, 2025
Sold by
Dryer Siesta Trust and Dryer Alan Brian
Bought by
Duin Bradley G and Duin Laura E
Seller's Agent
Betsy Campbell
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Adnan Dedic
COMPASS FLORIDA LLC
List Price
$1,195,000
Sold Price
$870,000
Premium/Discount to List
-$325,000
-27.2%
Views
21
Current Estimated Value
$858,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,071
Avg. Annual Appreciation
-2.34%

Purchase Details

Closed on
May 23, 2016
Sold by
Firek Michael
Bought by
The Dryer Siesta Trust and Polster Carolyn Laura

Purchase Details

Closed on
Oct 10, 1997
Sold by
Houston Robert W and Houston Audrey L W
Bought by
Firek Michael
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 Type Sale Price Title Company
Warranty Deed $870,000 Msc Title
Warranty Deed $732,000 None Available
Warranty Deed $289,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2025 04/14/25 Sold $870,000 -4.9% $639 / Sq Ft
03/12/2025 03/12/25 Pending -- -- --
02/07/2025 02/07/25 Price Changed $915,000 -3.7% $672 / Sq Ft
12/23/2024 12/23/24 Price Changed $950,000 -20.5% $698 / Sq Ft
12/23/2024 12/23/24 For Sale $1,195,000 -- $878 / 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 $9,457 $761,013 -- --
2023 $9,457 $846,000 $0 $846,000
2022 $8,101 $712,500 $0 $712,500
2021 $6,906 $533,000 $0 $533,000
2020 $6,630 $500,100 $0 $500,100
2019 $6,952 $530,400 $0 $530,400
2018 $7,649 $587,000 $0 $587,000
2017 $7,780 $587,100 $0 $587,100
2016 $7,285 $536,800 $0 $536,800
2015 $7,039 $504,000 $0 $504,000
2014 $6,815 $444,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4633318

Stellar MLS

APN: 0105-04-3037