$912,500
SOLD OCT 31, 2022

Gulf and Bay Club 5780 Midnight Pass Rd Unit 710 Sarasota, FL 34242

2 Beds
2 Baths
1,361 Sq Ft
$2,668/mo HOA Fee

Recently Sold

$670 Per Sq Ft

32% Below List Price

127 Days on Market

Highlights

  • 800 Feet of Waterfront
  • Beach View
  • Fitness Center
  • Phillippi Shores Elementary School Rated A
  • Private Beach
  • Heated In Ground Pool

About This Home

As of October 2022

Resort-style living at Gulf and Bay, a 32-acre property on 800 feet of private beach. This seventh-floor end unit offers an unobstructed Gulf view along with resort pools, lagoon and fresh water lakes. Top-floor owners never worry about noise from the unit above and the end unit benefits from additional windows bringing an abundance of light. This unit has been recently updated to include new tile and carpet. Both primary and secondary baths have been beautifully remodeled including tile, vanities, cabinetry, mirrors and lighting. The unit is freshly painted and trim replaced. A laundry room with full-size washer and dryer is a very desirable amenity. This unit has never been a rental and comes completely furnished. Open concept living spaces with enclosed lanai and full Gulf views make this unit an investment in lifestyle that will reward you for years to come. Bedrooms are generous in size with a walk-in primary closet and spacious guest room reach-in closets. With six tennis, six pickleball, racquetball and basketball courts, three swimming pools, dry saunas, multiple barbecue areas, a fitness center and an indoor hot tub, you never have to worry about keeping your guests entertained.

Last Agent to Sell the Property

Karen Whitaker

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3341545 Listed on: 06/08/2022

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Carol Thomas

MICHAEL SAUNDERS & COMPANY License #0627050

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,913

Year Built

  • Built in 1979

Lot Details

  • Private Beach
  • End Unit
  • South Facing Home
  • Fenced

HOA Fees

Property Views

Home Design

  • Membrane Roofing
  • Built-Up Roof
  • Concrete Siding
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 1,361 Sq Ft Home
  • Drapes & Rods
  • Sliding Doors
  • Combination Dining and Living Room
  • Security Gate

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Water Access
  • Enclosed patio or porch

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, cable TV, common area taxes, community pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, manager, pest control, pool maintenance, private road, recreational facilities, security, sewer, trash, water
  • Becky Joy Castle Group Association, Phone Number (941) 349-3000
  • Castle Group Association
  • Mid-Rise Condominium
  • Gulf & Bay Club Community
  • Gulf & Bay Club Ph 2 Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 7-Story Property

Amenities

  • Elevator

Recreation

  • Community Basketball Court
  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,913

Year Built

Built in 1979

Lot Details

0

HOA Fees

$2,668 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 1361
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 1473
  • Directions to Property: From Midnight Pass Rd turn West into Gulf & Bay Club entrance. After stopping at the guard gate to get your security pass, proceed to the stop sign and turn left. Building B will be on your RIGHT. You may park in any UNCOVERED parking spot. The elevator lobby is in the center of the building and your security pass can be scanned here to gain entrance.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4537929?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4537929?w=Customer
  • Floor Number: 7
  • Homestead Y N: No
  • Unit Number Y N: No
  • Property Description: Corner Unit, Mid Rise
  • Ratio: Close Price\List Price: 0.89024
  • Price per Sq Ft: 670.46
  • Close to Original List Price Ratio: 0.67593
  • Ratio: Current Price\Building Area Total: 619.48
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 7
  • Window Features: Drapes
  • Street Number Modifier: 5780
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Other Structures: Tennis Court(s)
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Fenced, Sliding Doors
  • Roof: Built-Up, Membrane
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Screened
  • Road Surface Type: Paved
  • Water View: Beach, Gulf/Ocean - Full, Lagoon
  • Water Access: Beach - Private
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0143F
  • Waterfront Frontage: 800
  • Water Frontage Feet Beach Pub: 800
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Basketball Court, Cable TV, Clubhouse, Fitness Center, Gated, Lobby Key Required, Maintenance, Pickleball Court(s), Pool, Security, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 4001
  • Association Fee Frequency: Quarterly
  • Association Name: Becky Joy - Castle Group
  • Phone: 941-349-3000
  • Association: Yes
  • Security: Gated Community, Security Gate
  • Senior Community: No
  • Association Email: rjoy@castlegroup.com
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes
  • Association #2 Fee: 4001
  • Association #2 Fee Frequency: Quarterly
  • Association: Castle Group

Fee Information

  • Total Annual Fees: 16004
  • Monthly HOA Fee: 1333.67
  • Total Monthly Fees: 1333.67

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105043069
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: Verify with Association
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Verify with Association

Tax Info

  • Tax Annual Amount: 6913
  • Tax Block: B
  • Tax Book Number: 13-27
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Beach - Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Oct 31, 2022
Sold by
Lloyd E E and Lloyd Margaret M
Bought by
Holmstead Doug
Seller's Agent
Karen Whitaker
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Carol Thomas
MICHAEL SAUNDERS & COMPANY
List Price
$1,350,000
Sold Price
$912,500
Premium/Discount to List
-$437,500
-32.41%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.17%

Purchase Details

Closed on
Dec 28, 2012
Sold by
Mcgowen Lloyd E and Margaret Mcgowen M
Bought by
Mcgowen Lloyd E and Margaret Mcgowen M
Source: Public Records

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Range of Values:

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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 $912,500 Msc Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Price Changed $925,000 -6.6% $680 / Sq Ft
03/04/2025 03/04/25 Price Changed $990,000 -9.2% $727 / Sq Ft
05/22/2024 05/22/24 For Sale $1,090,000 0.0% $801 / Sq Ft
05/14/2024 05/14/24 Off Market $1,090,000 -- --
04/05/2024 04/05/24 For Sale $1,090,000 +19.5% $801 / Sq Ft
10/31/2022 10/31/22 Sold $912,500 -11.0% $670 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
06/13/2022 06/13/22 Price Changed $1,025,000 -24.1% $753 / Sq Ft
06/08/2022 06/08/22 For Sale $1,350,000 -- $992 / 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 $9,882 $807,700 -- $807,700
2023 $9,882 $810,900 $0 $810,900
2022 $8,165 $729,200 $0 $729,200
2021 $6,913 $539,600 $0 $539,600
2020 $6,358 $478,300 $0 $478,300
2019 $6,729 $512,400 $0 $512,400
2018 $7,521 $576,700 $0 $576,700
2017 $7,650 $576,800 $0 $576,800
2016 $7,774 $574,700 $0 $574,700
2015 $7,510 $539,500 $0 $539,500
2014 $7,269 $476,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Whitaker

    Seller's Agent in 2022

    Karen Whitaker

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 724-6969

    12 in this area

    21 Total Sales

    Karen Whitaker
    Section Image

  • C

    Buyer's Agent in 2022

    Carol Thomas

    Michael Saunders

    (941) 302-8127

    18 in this area

    29 Total Sales

    Carol Thomas
    Section Image
See All Agents

About Gulf and Bay Club

Map

Source: Stellar MLS

MLS Number: A4537929

Stellar MLS

APN: 0105-04-3069

Florida Sarasota County Sarasota 34242

5780 Midnight Pass Rd Unit 710, Sarasota, FL

This home is located at 5780 Midnight Pass Rd Unit 710, Sarasota, FL 34242 and is currently priced at $912,500, approximately $670 per square foot. This property was built in 1979. 5780 Midnight Pass Rd Unit 710 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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