NOT LISTED FOR SALE

Gulf and Bay Club 5780 Midnight Pass Rd Unit 510 Sarasota, FL 34242

Estimated Value: $1,069,697 - $1,225,000

2 Beds
2 Baths
1,361 Sq Ft
$657/mo HOA Fee

Last Sold August 12, 2014

Last sale price $705,000 $518 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $7,740/month

6 Days on Market

Highlights

  • 780 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Full Gulf or Ocean Views
  • Phillippi Shores Elementary School Rated A
  • Sauna
  • End Unit

About This Home

As of August 2014

Welcome to Gulf & Bay Club situated directly on Siesta Key beach, one of the top beaches in America. This 2 bedroom, 2 bath end unit has been remodeled and is light & bright. The view from the lanai encompasses the entire grounds and the beautiful beach. Gulf & Bay Club is a gulf front gated community that sits on over 30 acres with 780 feet of beach frontage. Amenities include 3 heated pools, 8 tennis courts, a fitness center with spa, an expansive clubhouse with library and computer room, racquetball and basketball courts and multiple barbecue areas with picnic tables.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,483

Year Built

  • Built in 1979

Lot Details

  • End Unit

HOA Fees

  • $657 Monthly HOA Fees

Property Views

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,361 Sq Ft Home
  • Furnished
  • Window Treatments
  • Combination Dining and Living Room
  • Inside Utility
  • Sauna

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Secured Garage or Parking
  • Assigned Parking

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Outdoor Grill
  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 0105043049

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, management, pest control, recreational facilities, security, sewer, trash, water
  • Gulf & Bay Club Community
  • Gulf & Bay Club Ph 2 Subdivision
  • 7-Story Property

Recreation

  • Tennis Courts

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,483

Year Built

Built in 1979

Lot Details

0

HOA Fees

$657 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1361
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 1473
  • Directions to Property: First community south of Siesta public beach on Midnight Pass Road.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 5
  • List Office Head Office Key Nume: 1046652
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 518.00
  • Total Acreage: Non-Applicable
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: End Unit
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 7
  • Window Features: Window Treatments
  • Street Number Modifier: 5780
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Room Count: 6

Exterior Features

  • Other Structures: Tennis Court(s)
  • Exterior Features: Balcony, Outdoor Grill, Rain Gutters, Sauna, Tennis Court(s)
  • Roof: Membrane
  • Home Warranty: No
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Water Access: Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 780

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Assigned, Guest, Secured

Utilities

  • Utilities: BB/HS Internet Available, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Association: No
  • Security: Secured Garage / Parking, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: None
  • Building Name Number: B
  • Condo Fees: 1970
  • Monthly Condo Fee Amount: 657

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105043049
  • Additional Parcels: No
  • Homestead YN: 0
  • Future Land Use: 0405

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No

Tax Info

  • Tax Annual Amount: 6483
  • Tax Book Number: 13/27

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2019
Sold by
Goldstein Richard M and Richard M Goldstein Revocable
Bought by
Goldstein Leslie A and Goldstein Richard M
Total Days on Market
6
Current Estimated Value
$1,136,174

Purchase Details

Listed on
Jun 9, 2014
Closed on
Aug 12, 2014
Sold by
Franke Thomas S
Bought by
Goldstein Richard M and Richard M Goldstein Revocable Trust
List Price
$725,000
Sold Price
$705,000
Premium/Discount to List
-$20,000
-2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%

Purchase Details

Closed on
Feb 28, 2002
Sold by
Franke Anthony L and Franke Barbara A
Bought by
Kothare Ravi V
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
Goldstein Leslie A -- Attorney
Goldstein Richard M $705,000 Attorney
Kothare Ravi V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kothare Ravi $354,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $705,000 -- --
08/12/2014 08/12/14 Sold $705,000 -2.8% $518 / Sq Ft
06/16/2014 06/16/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $725,000 -- $533 / 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 $10,709 $850,642 -- --
2023 $10,709 $977,500 $0 $977,500
2022 $9,672 $862,200 $0 $862,200
2021 $8,197 $639,100 $0 $639,100
2020 $7,873 $600,000 $0 $600,000
2019 $8,368 $644,500 $0 $644,500
2018 $8,103 $623,500 $0 $623,500
2017 $8,120 $601,150 $0 $0
2016 $7,410 $546,500 $0 $546,500
2015 $7,158 $513,000 $0 $513,000
2014 $6,929 $452,700 $0 $0
Source: Public Records

Map

Source: Stellar MLS

MLS Number: A3999540

Stellar MLS

APN: 0105-04-3049