NOT LISTED FOR SALE

Gulf and Bay Club 5780 Midnight Pass Rd Unit 601 Sarasota, FL 34242

Estimated Value: $1,675,444 - $2,204,000

2 Beds
2.5 Baths
1,919 Sq Ft
$635/mo HOA Fee

Last Sold May 01, 2014

Last sale price $925,000 $482 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $12,178/month

136 Days on Market

Highlights

  • Beach Front
  • Water access To Gulf or Ocean
  • Heated Pool
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • Sauna

About This Home

As of May 2014

Have you been looking for an over-sized unit located on the premier property of Gulf & Bay Club? Located mid-point on Siesta Key Beach you will enjoy expansive views of the Gulf of Mexico, Siesta Key's famous beach, and private tropical grounds with lake and pools. Whether daylight, twilight, or after dark, there are delightful vistas from the eight large windows. Each of the two bedrooms also include water views, private bathrooms and generous walk-in closets. You will be pleased with the extra powder room, large utility room, now fitted with workspace, and ample storage. This unit has a lovely kitchen with stone countertops and custom wood cabinetry -- the breakfast bar opens to the dining and an expanded living room. Of course, you will also enjoy the resort-style amenities including 3 heated pools, 8 tennis courts, a well-equipped fitness center with spa, and BBQ areas with tiki coverage and gas grills located throughout the grounds. Centrally located on the Key, you are within easy distance to Siesta Key Village with its restaurants and boutiques, and with convenient access over either the North or South bridge. So much more is provided...call for a showing and see for yourself!

Last Agent to Sell the Property

Stephanie Kitsemble

COLDWELL BANKER REALTY Brokerage Phone: 941-349-3444 License #3073261 Listed on: 10/21/2013

COLDWELL BANKER REALTY

Last Buyer's Agent

Stephanie Kitsemble

COLDWELL BANKER REALTY Brokerage Phone: 941-349-3444 License #3073261 Listed on: 10/21/2013

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,450

Year Built

  • Built in 1979

Lot Details

  • End Unit
  • West Facing Home
  • Mature Landscaping
  • Fruit Trees

HOA Fees

  • $635 Monthly HOA Fees

Parking

  • 1 Carport Space

Property Views

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,919 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Storage Room
  • Inside Utility
  • Sauna

Kitchen

  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Lake
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Zone Lot

Utilities

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

Listing and Financial Details

  • 1-Month Minimum Lease Term
  • Legal Lot and Block 601 / B
  • Assessor Parcel Number 0105043050

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, maintenance, management, pest control, private road, recreational facilities, security, sewer, trash, water
  • Gulf & Bay Club Condo Association
  • Gulf'n Bay Community
  • Gulf And Bay Club Ph 2 Subdivision
  • The community has rules related to deed restrictions
  • 7-Story Property

Amenities

  • Elevator

Recreation

  • Racquetball
  • Recreation Facilities
  • Shuffleboard Court
  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,450

Year Built

Built in 1979

Lot Details

0

HOA Fees

$635 per month

Listing Details

  • HOA Fee Includes: Cable TV, 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 Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1919
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 1919
  • Directions to Property: From Midnight Pass Road, West into Gulf & Bay, after guard gate, turn left, Bldg on left.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 6
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 482.02
  • Total Acreage: Non-Applicable
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Planned Unit Development Yn: 0
  • Property Description: End Unit
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 941-349-3444
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 7
  • Window Features: Blinds
  • Street Number Modifier: 5780
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility,Storage Rooms
  • Living Area Meters: 178.28
  • Room Count: 6

Exterior Features

  • Direction Faces: West
  • Other Structures: Tennis Court(s)
  • Pool Features: Heated
  • Exterior Features: Lighting, Outdoor Grill, Outdoor Shower, Sauna, Tennis Court(s)
  • Roof: Built-Up
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Water Access: Beach,Gulf/Ocean,Lake
  • Water Extras YN: 0
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 850

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes

Utilities

  • Utilities: Cable Connected, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness Center, Gated, Pool, Racquetball, Tennis Courts, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Gated, Racquetball, Recreation Facilities, Security, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s)
  • Association Name: Gulf & Bay Club Condo Association
  • Association: No
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: None
  • Building Name Number: 5780
  • Condo Fees: 1905
  • Monthly Condo Fee Amount: 635

Fee Information

  • Total Annual Fees: 7620.00
  • Total Monthly Fees: 635.00

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105043050
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Sidewalk, Private
  • Homestead YN: 0
  • Future Land Use: 0405

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Expected Lease Date: 2014-05-01T00:00:00.000

Tax Info

  • Tax Annual Amount: 9450
  • Tax Block: B
  • Tax Book Number: 0013/0027
  • Tax Lot: 601

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2017
Sold by
Golshan Fatemeh
Bought by
Golsahm Fmailty Revocable Trust and Golshan Fatmeh
Current Estimated Value
$1,852,861

Purchase Details

Listed on
Oct 21, 2013
Closed on
May 1, 2014
Sold by
Karl Edward M and Karl Phyllis M
Bought by
Golshan Fatemeh and Fatemeh Golshan Trust
Seller's Agent
Stephanie Kitsemble
COLDWELL BANKER REALTY
Buyer's Agent
Stephanie Kitsemble
COLDWELL BANKER REALTY
List Price
$1,040,000
Sold Price
$925,000
Premium/Discount to List
-$115,000
-11.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%

Purchase Details

Closed on
Jan 20, 1998
Sold by
Bankers Tr Co
Bought by
Karl Edward M and Karl Phyllis M
Source: Public Records

Range of Values:

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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
Golsahm Fmailty Revocable Trust -- Attorney
Golshan Fatemeh $925,000 Attorney
Karl Edward M $645,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karl Edward M $200,000
Previous Owner Karl Edward M $333,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2014 05/01/14 Sold $925,000 0.0% $482 / Sq Ft
03/07/2014 03/07/14 Pending -- -- --
12/06/2013 12/06/13 Off Market $925,000 -- --
11/28/2013 11/28/13 Pending -- -- --
10/21/2013 10/21/13 For Sale $1,040,000 -- $542 / 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 $17,366 $1,396,497 -- --
2023 $17,366 $1,610,100 $0 $1,610,100
2022 $15,626 $1,412,000 $0 $1,412,000
2021 $13,015 $1,030,300 $0 $1,030,300
2020 $12,697 $982,900 $0 $982,900
2019 $9,639 $778,527 $0 $0
2018 $9,459 $764,011 $0 $0
2017 $9,423 $748,297 $0 $0
2016 $9,424 $805,000 $0 $805,000
2015 $10,445 $755,800 $0 $755,800
2014 $10,108 $666,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Stephanie Kitsemble

    COLDWELL BANKER REALTY

    (941) 313-0874

    8 in this area

    10 Total Sales

    Stephanie Kitsemble
    Section Image
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About Gulf and Bay Club

Map

Source: Stellar MLS

MLS Number: A3986390

Stellar MLS

APN: 0105-04-3050

Florida Sarasota County Sarasota 34242

5780 Midnight Pass Rd Unit 601, Sarasota, FL

This home is located at 5780 Midnight Pass Rd Unit 601, Sarasota, FL 34242 since 21 October 2013 and is currently estimated at $1,852,861, approximately $965 per square foot. This property was built in 1979. 5780 Midnight Pass Rd Unit 601 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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