Jamaica Royale 5830 Midnight Pass Rd Unit 32 Sarasota, FL 34242
2
Beds
2
Baths
1,194
Sq Ft
$1,733/mo
HOA Fee
Highlights
- 662 Feet of Waterfront
- Beach View
- Heated In Ground Pool
- Phillippi Shores Elementary School Rated A
- Water access To Gulf or Ocean
- 0.99 Acre Lot
About This Home
As of June 2024Discover the ultimate island Jamaica Royale living experience with breathtaking views of the Gulf of Mexico and Siesta Key's famous powdery quartz sand. This stunning 2-bedroom, 2-bathroom unit is perfect for beach renters, investors, and families looking for their piece of paradise.
Recently updated with fresh paint throughout, modern bathrooms, and granite countertops, this stylish and comfortable space is perfect for enjoying the island lifestyle. Step outside onto your balcony to enjoy the vibrant sunsets, or take a few steps and find yourself on the pristine beach.
The building itself underwent a complete facelift in 2019, featuring hurricane windows, doors, UV sliders, and a fresh coat of paint. With a weekly rental minimum, this property presents a fantastic investment opportunity or vacation residence.
On-site management ensures the smooth running of this island oasis, and with year-over-year increases in rentals, you can be sure your investment is in good hands. Amenities include three heated pools – one of which is located at the water's edge – gas grilling stations, shuffleboard, deeded beach access, and beachfront chairs.
A short stroll down Siesta Key Beach brings you to tennis courts, pickle-ball, yoga, volleyball and a variety of other activities. Pet owners can enjoy the freedom of owning pets up to 100 lbs, and first-floor storage lockers provide extra convenience.
This prime location is perfect for immersing yourself in island life, with fresh produce, seafood restaurants, and lively steel drum music just a trolley or bike ride away. Plus, easy access to Sarasota's mainland offers even more culture, shopping, and dining options.
Don't miss this incredible opportunity to make the beach your personal playground, with all the comforts of home just steps away.
Last Agent to Sell the Property
SARABAY REAL ESTATE INC Brokerage Phone: 941-355-7696 License #3304623
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,825
Year Built
- Built in 1967
Lot Details
- 662 Feet of Waterfront
- 331 Feet of Ocean or Gulf Waterfront
- 331 Feet of Public Beach Waterfront
- West Facing Home
HOA Fees
- $1,733 Monthly HOA Fees
Property Views
Home Design
- Slab Foundation
- Membrane Roofing
- Block Exterior
Interior Spaces
- 1,194 Sq Ft Home
- Open Floorplan
- Furnished
- Ceiling Fan
- Shades
- Drapes & Rods
- Sliding Doors
- Combination Dining and Living Room
- Tile Flooring
Kitchen
- Microwave
- Dishwasher
- Stone Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in Kitchen
- Dryer
- Washer
Home Security
Parking
- 32 Carport Spaces
- 1 Assigned Parking Space
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Gunite Pool
- Child Gate Fence
- Pool Lighting
Outdoor Features
- Water access To Gulf or Ocean
- Deeded access to the beach
- Balcony
- Covered patio or porch
- Exterior Lighting
Location
- Flood Zone Lot
Utilities
- Central Heating and Cooling System
- Thermostat
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 32
- Assessor Parcel Number 0105135006
Community Details
Overview
- Association fees include cable TV, common area taxes, pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, management, pest control, private road, security, sewer, trash, water
- Jamaica Royale Association
- High-Rise Condominium
- Jamaica Royale Elev Apts Community
- Jamaica Royale Elev Apts Subdivision
- On-Site Maintenance
- Association Owns Recreation Facilities
- The community has rules related to building or community restrictions, deed restrictions
- 6-Story Property
Amenities
- Laundry Facilities
Recreation
Pet Policy
- Pets up to 100 lbs
- 2 Pets Allowed
Security
- High Impact Windows
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 11, 2023
Closed on
Mar 31, 2023
Sold by
Donna M Donovan Irrevocable Trust
Bought by
Pattinson Donna Elizabeth
Seller's Agent
carlos santos
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Kyna Smith
WILLIAM RAVEIS REAL ESTATE
List Price
$450,000
Sold Price
$450,000
Total Days on Market
161
Views
79
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,447
Avg. Annual Appreciation
18.34%
Original Mortgage
$200,000
Outstanding Balance
$195,733
Interest Rate
6.43%
Mortgage Type
Balloon
Estimated Equity
$451,714
Purchase Details
Closed on
May 27, 2022
Sold by
Donna Donovan
Bought by
Donna M Donovan Irrevocable Trust
Purchase Details
Listed on
Jun 9, 2020
Closed on
Aug 18, 2020
Sold by
Ross Pamela J and Ross Revocable Trust
Bought by
Donovan Donna
Seller's Agent
Claude Pierre
CP REALTY INTERNATIONAL
Buyer's Agent
Veronika Bajtala
WILLIAM RAVEIS REAL ESTATE
List Price
$282,000
Sold Price
$282,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.99%
Original Mortgage
$197,400
Interest Rate
5.5%
Purchase Details
Listed on
Jun 30, 2017
Closed on
Aug 7, 2017
Sold by
Jamaica Royale 32 Llc
Bought by
Ross Pamela J and Ross Robert
Seller's Agent
Kristina Skepton, Pllc
KW COASTAL LIVING II
Buyer's Agent
Rudy Dudon
MICHAEL SAUNDERS & COMPANY
List Price
$259,000
Sold Price
$250,000
Premium/Discount to List
-$9,000
-3.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.06%
Purchase Details
Listed on
Aug 15, 2014
Closed on
Oct 1, 2014
Sold by
Posta Marie H and Posta Lloyd G
Bought by
Jamaica Royale 32 Llc
Seller's Agent
Alice Hopkins
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
Alice Hopkins
LIMBO COMPANY SARASOTA ASSOC
List Price
$199,900
Sold Price
$180,000
Premium/Discount to List
-$19,900
-9.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.22%
Original Mortgage
$184,168
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage
Map
About Jamaica Royale
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $450,000 | -- | |
| Warranty Deed | -- | Paulter Kristina | |
| Warranty Deed | $282,000 | Msc Title Inc | |
| Warranty Deed | $250,000 | Attorney | |
| Warranty Deed | $180,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,000 | Balloon | |
| Previous Owner | $197,400 | No Value Available | |
| Previous Owner | $184,168 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/03/2024 06/03/24 | Sold | $1,000,000 | -16.7% | $838 / Sq Ft |
| 04/21/2024 04/21/24 | Pending | -- | -- | -- |
| 03/26/2024 03/26/24 | Price Changed | $1,200,000 | -4.0% | $1,005 / Sq Ft |
| 02/10/2024 02/10/24 | Price Changed | $1,250,000 | -3.8% | $1,047 / Sq Ft |
| 01/06/2024 01/06/24 | For Sale | $1,300,000 | 0.0% | $1,089 / Sq Ft |
| 01/02/2024 01/02/24 | Pending | -- | -- | -- |
| 11/11/2023 11/11/23 | For Sale | $1,300,000 | +188.9% | $1,089 / Sq Ft |
| 03/31/2023 03/31/23 | Sold | $450,000 | 0.0% | $1,148 / Sq Ft |
| 03/12/2023 03/12/23 | Pending | -- | -- | -- |
| 03/12/2023 03/12/23 | For Sale | $450,000 | +59.6% | $1,148 / Sq Ft |
| 08/18/2020 08/18/20 | Sold | $282,000 | 0.0% | $719 / Sq Ft |
| 06/11/2020 06/11/20 | Pending | -- | -- | -- |
| 06/09/2020 06/09/20 | For Sale | $282,000 | -62.1% | $719 / Sq Ft |
| 02/28/2020 02/28/20 | Sold | $745,000 | -2.6% | $624 / Sq Ft |
| 02/14/2020 02/14/20 | Pending | -- | -- | -- |
| 02/11/2020 02/11/20 | For Sale | $765,000 | 0.0% | $641 / Sq Ft |
| 02/07/2020 02/07/20 | Pending | -- | -- | -- |
| 01/20/2020 01/20/20 | For Sale | $765,000 | +206.0% | $641 / Sq Ft |
| 08/17/2018 08/17/18 | Off Market | $250,000 | -- | -- |
| 08/17/2018 08/17/18 | Off Market | $180,000 | -- | -- |
| 08/08/2017 08/08/17 | Sold | $250,000 | -3.5% | $638 / Sq Ft |
| 07/09/2017 07/09/17 | Pending | -- | -- | -- |
| 06/30/2017 06/30/17 | For Sale | $259,000 | +43.9% | $661 / Sq Ft |
| 10/01/2014 10/01/14 | Sold | $180,000 | -10.0% | $459 / Sq Ft |
| 08/15/2014 08/15/14 | Pending | -- | -- | -- |
| 08/15/2014 08/15/14 | For Sale | $199,900 | -- | $510 / Sq Ft |
Source: Stellar MLS
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 | $3,834 | $299,400 | -- | $299,400 |
| 2023 | $3,834 | $313,700 | $0 | $313,700 |
| 2022 | $3,423 | $262,000 | $0 | $262,000 |
| 2021 | $2,950 | $210,000 | $0 | $210,000 |
| 2020 | $2,929 | $204,800 | $0 | $204,800 |
| 2019 | $3,092 | $221,100 | $0 | $221,100 |
| 2018 | $2,947 | $210,800 | $0 | $210,800 |
| 2017 | $2,647 | $161,260 | $0 | $0 |
| 2016 | $2,229 | $146,600 | $0 | $146,600 |
| 2015 | $2,222 | $142,200 | $0 | $142,200 |
| 2014 | $2,324 | $132,400 | $0 | $0 |
Source: Public Records
Source: Stellar MLS
MLS Number: A4589177
APN: 0105-13-5232
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