NOT LISTED FOR SALE

Gulf and Bay Club 5790 Midnight Pass Rd Unit 504 Sarasota, FL 34242

Estimated Value: $999,000 - $1,479,000

2 Beds
2 Baths
1,435 Sq Ft
$1,334/mo HOA Fee

Last Sold March 21, 2022

Last sale price $1,500,000 $1,045 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $9,336/month

7 Days on Market

Highlights

  • 328 Feet of Waterfront
  • Fitness Center
  • Gated Community
  • Phillippi Shores Elementary School Rated A
  • Full Gulf or Ocean Views
  • Open Floorplan

About This Home

As of March 2022

Welcome to the Gulf and Bay Club of Siesta Key, with all the ingredients for living at its best! You will be impressed the moment you step through the doors of this impeccably designed home. Right away, you will feel exquisite in this sun-filled space created by the floor length windows with breathtaking views of the Gulf of Mexico. The elegance this home offers is a combination of one-of-a-kind details such as porcelain flooring, custom built-ins, and top-quality materials and finishings. The updated kitchen with ample storage within the plentiful and quality solid wood cabinets, Viking, Wolf and Subzero appliances including beverage refrigerator and separate ice machine, huge island and quartz countertops are ideal for anyone who is a chef at heart! Buyers will feel pampered in the spacious Master Suite with a walk-in closet and spa-like bathroom. And it doesn’t end here! Residents will enjoy 24-hour security and daily access to an array of resort-style amenities: 800 feet of private beach, 3 heated pools, 8 tennis courts, a fitness center with spa and dry sauna, expansive clubhouse, racquetball and basketball courts and multiple picnic areas with barbeques. Located on Siesta Key, you are minutes away from fine cuisines, shopping, salons, boat and fishing charters, jet skis, parasailing, and more. Beach living at its finest! If you are looking for your place that feels like a dream every day, don’t miss out this opportunity! You need to visit this home to truly appreciate all it has to offer.

Last Agent to Sell the Property

Rachel Woodruff

HOUSE MATCH License #0694194 Listed on: 01/28/2022

Co-Listed By

Abigail Lange

HOUSE MATCH License #3420558

Last Buyer's Agent

Tina Johns

COLDWELL BANKER REALTY License #3125067

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,462

Year Built

  • Built in 1979

Lot Details

  • East Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $1,334 Monthly HOA Fees

Home Design

  • Turnkey
  • Built-Up Roof
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 1,435 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Dry Bar
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Inside Utility
  • Porcelain Tile

Kitchen

  • Range with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Reserved Parking

Outdoor Features

  • Water Access
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, cable TV, common area taxes, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, recreational facilities, security, sewer, trash, water
  • Susan Sherwood Association, Phone Number (941) 349-3000
  • High-Rise Condominium
  • Gulf And Bay Club Condos
  • Gulf & Bay Club Community
  • Gulf And Bay Club Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 7-Story Property

Amenities

  • Elevator

Recreation

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

Pet Policy

  • No Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,462

Year Built

Built in 1979

Lot Details

0

HOA Fees

$1,334 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1435
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 1435
  • Directions to Property: From I-75, Take exit 205 for FL-72/Clark Rd toward Siesta Key/Arcadia. Turn right onto Midnight Pass Rd. Turn left at Siesta Bayside Dr. Turn left onto Gulf Bay Club.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4523420?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4523420?w=Customer
  • Floor Number: 5
  • Homestead Y N: No
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: High Rise
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 1045.3
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 1045.3
  • View: Yes
  • Co List Office Mls Id: 281506053
  • Co List Office Phone: 941-556-0500
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Dry Bar, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 7
  • Window Features: Blinds
  • Street Number Modifier: 5790
  • Room Count: 6
  • Additional Rooms: Great Room, Inside Utility

Exterior Features

  • Direction Faces: East
  • Exterior Features: Lighting, Sidewalk, Tennis Court(s)
  • Roof: Built-Up
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water View: Gulf/Ocean - Full
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Waterfront Frontage: 328
  • Water Frontage Feet Gulf Ocean: 328
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered, Reserved
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Electricity Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Pool, Sidewalk, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Basketball Court, Clubhouse, Elevator(s), Fitness Center, Gated, Pool, Racquetball, Recreation Facilities, Spa/Hot Tub, Tennis Court(s)
  • Association Name: Susan Sherwood
  • Phone: 941-349-3000
  • Association: No
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 4001
  • Condo Fees Term: Quarterly
  • Association Email: ssherwood@castlegroup.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1334
  • Complex Community Name NCCB: GULF AND BAY CLUB
  • Association Approval Required YN: Yes

Fee Information

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

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105042043
  • Additional Parcels: No
  • Flood Zone Code: VE

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: VERIFY WITH COA.
  • Num Timesper Year: 5
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: VERIFY WITH COA.

Tax Info

  • Tax Annual Amount: 9462
  • Tax Book Number: 13/09
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2022
Closed on
Mar 21, 2022
Sold by
Kumm and Susan
Bought by
Werthman George and Haefele Elizabeth
Seller's Agent
Rachel Woodruff
HOUSE MATCH
Buyer's Agent
Tina Johns
COLDWELL BANKER REALTY
List Price
$1,500,000
Sold Price
$1,500,000
Current Estimated Value
$1,279,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$220,113
Avg. Annual Appreciation
-2.18%

Purchase Details

Closed on
Jun 24, 2008
Sold by
Disanto Frederick D
Bought by
Kumm Greg and Kumm Susan

Purchase Details

Closed on
Jul 31, 2001
Sold by
Clanton Janys M
Bought by
Disanto Frederick D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.09%
Source: Public Records

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 Buyer Sale Price Title Company
Werthman George $1,500,000 Clear Title Group
Kumm Greg $1,162,500 Attorney
Disanto Frederick D $686,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Disanto Frederick D $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2022 03/21/22 Sold $1,500,000 0.0% $1,045 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
01/28/2022 01/28/22 For Sale $1,500,000 -- $1,045 / 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 $14,596 $1,044,400 -- $1,044,400
2023 $14,596 $1,218,000 $0 $1,218,000
2022 $11,643 $993,400 $0 $993,400
2021 $9,462 $742,600 $0 $742,600
2020 $9,096 $697,700 $0 $697,700
2019 $9,567 $741,500 $0 $741,500
2018 $8,719 $672,500 $0 $672,500
2017 $8,869 $672,600 $0 $672,600
2016 $8,983 $667,500 $0 $667,500
2015 $8,677 $626,700 $0 $626,700
2014 $8,397 $552,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rachel Woodruff

    Seller's Agent in 2022

    Rachel Woodruff

    HOUSE MATCH

    (941) 705-8686

    4 in this area

    409 Total Sales

    Rachel Woodruff
    Section Image
  • Abigail Lange

    Seller Co-Listing Agent in 2022

    Abigail Lange

    HOUSE MATCH

    (941) 960-7450

    4 in this area

    196 Total Sales

    Abigail Lange
    Section Image
  • Tina Johns

    Buyer's Agent in 2022

    Tina Johns

    COLDWELL BANKER REALTY

    (941) 323-4775

    20 in this area

    32 Total Sales

    Tina Johns
    Section Image
See All Agents

About Gulf and Bay Club

Map

Source: Stellar MLS

MLS Number: A4523420

Stellar MLS

APN: 0105-04-2043

Florida Sarasota County Sarasota 34242

5790 Midnight Pass Rd Unit 504, Sarasota, FL

This home is located at 5790 Midnight Pass Rd Unit 504, Sarasota, FL 34242 since 28 January 2022 and is currently estimated at $1,279,887, approximately $891 per square foot. This property was built in 1979. 5790 Midnight Pass Rd Unit 504 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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