NOT LISTED FOR SALE

Gulf and Bay Club 5790 Midnight Pass Rd Unit 508 Sarasota, FL 34242

Estimated Value: $1,317,000 - $1,472,000

2 Beds
2 Baths
1,433 Sq Ft
$701/mo HOA Fee

Last Sold April 06, 2015

Last sale price $732,500 $511 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $9,084/month

347 Days on Market

Highlights

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

About This Home

As of April 2015

JUST REDUCED!!! Welcome to Gulf & Bay Club situated directly on Siesta Key beach, one of the top beaches in America. This updated 2 bedroom, 2 bath unit is located in a beachfront building overlooking our largest of the 3 heated pools. The renovated kitchen features granite countertops and a built-in desk area. 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

  • $7,522

Year Built

  • Built in 1979

Lot Details

  • Mature Landscaping

HOA Fees

  • $701 Monthly HOA Fees

Property Views

Home Design

  • Contemporary Architecture
  • Entry on the 5th floor
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,433 Sq Ft Home
  • Furnished
  • Bar Fridge
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Sauna

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator

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
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Water access To Gulf or Ocean
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Handicap Modified
  • Reclaimed Water Irrigation System

Listing and Financial Details

  • Assessor Parcel Number 0105042047

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance, management, pest control, private road, recreational facilities, security, sewer, trash, water
  • Gulf & Bay Club Community
  • Gulf & Bay Club Ph 1 Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • Handicap Modified Features In Community
  • 7-Story Property

Amenities

  • Elevator

Recreation

  • Racquetball
  • Park

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,522

Year Built

Built in 1979

Lot Details

0

HOA Fees

$701 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, 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: 1433
  • New Construction: No
  • Year Built: 1979
  • Accessibility Features: Handicap Modified
  • Building Area Total: 1433
  • Directions to Property: First community south of Siesta public beach on Midnight Pass Road.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Floor Number: 5
  • List Office Head Office Key Nume: 1046652
  • RATIO Current Price By Calculate: 511.17
  • Total Acreage: Non-Applicable
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Planned Unit Development Yn: 0
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Bar Fridge, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 7
  • Window Features: Blinds
  • Street Number Modifier: 5790
  • ResoLivingAreaSource: PublicRecords
  • Room Count: 5

Exterior Features

  • Other Structures: Tennis Court(s)
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, 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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Private
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Fitness Center, Gated, Handicap Modified, Irrigation-Reclaimed Water, Park, Pool, Racquetball, Tennis Courts, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Gated, Handicap Modified, Maintenance, Park, Racquetball, Security, Tennis Court(s)
  • Association: No
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: None
  • Building Name Number: A
  • Condo Fees: 2103
  • Monthly Condo Fee Amount: 701

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105042047
  • Additional Parcels: No
  • Homestead YN: 0
  • Zoning Compatible YN: 0
  • Future Land Use: 0405

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No

Tax Info

  • Tax Annual Amount: 7522
  • Tax Book Number: 13/09

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2014
Closed on
Apr 6, 2015
Sold by
Schutt David and Schutt Estella
Bought by
Vanvarick H L and Vanvarick Van Varick
List Price
$759,000
Sold Price
$732,500
Premium/Discount to List
-$26,500
-3.49%
Current Estimated Value
$1,370,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$638,004
Avg. Annual Appreciation
6.37%

Purchase Details

Closed on
Jan 2, 2004
Sold by
Joel M Lieberman P C
Bought by
Schutt David and Schutt Estela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,125
Interest Rate
5.82%
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
Vanvarick H L $727,500 Attorney
Schutt David $737,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schutt David $553,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $732,500 -- --
04/06/2015 04/06/15 Sold $732,500 -0.7% $511 / Sq Ft
03/17/2015 03/17/15 Pending -- -- --
03/10/2015 03/10/15 Price Changed $737,500 -2.8% $515 / Sq Ft
04/03/2014 04/03/14 For Sale $759,000 -- $530 / 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 $13,398 $1,013,024 -- --
2023 $13,398 $1,283,400 $0 $1,283,400
2022 $11,385 $1,019,000 $0 $1,019,000
2021 $9,688 $761,100 $0 $761,100
2020 $9,305 $714,500 $0 $714,500
2019 $9,767 $756,800 $0 $756,800
2018 $8,946 $690,800 $0 $690,800
2017 $9,100 $690,900 $0 $690,900
2016 $8,604 $638,100 $0 $638,100
2015 $8,311 $599,100 $0 $599,100
2014 $8,044 $528,600 $0 $0
Source: Public Records

Map

Source: Stellar MLS

MLS Number: A3995766

Stellar MLS

APN: 0105-04-2047