$282,000
SOLD AUG 18, 2020

Jamaica Royale 5830 Midnight Pass Rd Unit 32 Sarasota, FL 34242

-- Bed
1 Bath
392 Sq Ft
$563/mo HOA Fee

Recently Sold

$719 Per Sq Ft

2 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Beach Access
  • 5.96 Acre Lot
  • Phillippi Shores Elementary School Rated A
  • In Ground Pool
  • Open Floorplan

About This Home

As of June 2024

ATTENTION INVESTORS !!! THIS IS PROBABLY ONE OF THE BEST VALUES ON SIESTA KEY !!! NO ROAD TO CROSS to get to the gorgeous Siesta Key Beach! This rarely available cozy and well appointed studio with a convenient all equipped kitchen and bathroom, located in beautifully landscaped Jamaica Royale is now available for its next privileged owners. A few steps from your very own Siesta Key "Pied a Terre" and you are literally on one of America's prettiest beaches. This wonderful retreat comes turn key furnished with 2 ideal Murphy beds turning this quaint unit into a comfortable apartment during the day and a cozy bedroom at night, many other conveniences include a covered parking spot right outside the front door, a nice patio area right outside the living room for " alfresco" happy hour, a short proximity to any of the 3 beautiful pools within the resort style development. The list goes on and on.. Jamaica Royale is a well managed, well maintained and long established premier vacation community with onsite rental office to maximize your return on investment. Come live the florida lifestyle to the fullest in this superb studio by the sea.

Last Agent to Sell the Property

Claude Pierre

CP REALTY INTERNATIONAL License #3189183

Last Buyer's Agent

Veronika Bajtala

WILLIAM RAVEIS REAL ESTATE License #3253165

WILLIAM RAVEIS REAL ESTATE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,092

Year Built

  • Built in 1962

Lot Details

  • North Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Condo Land Included

HOA Fees

  • $563 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Studio
  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1 Full Bathroom
  • 392 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Drapes & Rods
  • Sliding Doors
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Range
  • Microwave
  • Solid Surface Countertops
  • Disposal

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

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

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, maintenance structure, ground maintenance, manager, pest control, pool maintenance
  • Jamaica Royale Management Inc Association, Phone Number (941) 349-1800
  • Jamaica Royale Community
  • Jamaica Royale Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

Pet Policy

  • Pets up to 100 lbs

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,092

Year Built

Built in 1962

Lot Details

0

HOA Fees

$563 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 392
  • Lot Size Acres: 5.96
  • New Construction: No
  • Year Built: 1962
  • Building Area Total: 652
  • Lot Size Sq Ft: 259725
  • Directions to Property: Stickney Point road to Midnight Pass Road, go north on Midnight Pass Road . Jamaica Royale is on the left going north, on the GULF SIDE. Go into the complex til the first right and then right again to # 32
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4468189?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4468189?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: 5 to less than 10
  • Unit Number Y N: No
  • Property Description: Studio/Efficiency
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 719.39
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 432.52
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Thermostat, Window Treatments
  • Appliances Included: Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Levels: One
  • Stories: 1
  • Window Features: Drapes, Rods
  • Street Number Modifier: 5830
  • Room Count: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Pool Features: Gunite, In Ground
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Sidewalk, Sliding Doors
  • Roof: Metal
  • Pool Private: Yes
  • View: Garden
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: Beach, Gulf/Ocean
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0143F
  • Waterfront Frontage: 300
  • Water Frontage Feet Beach Pub: 100
  • Water Frontage Feet Beach Prvt: 100
  • Water Frontage Feet Gulf Ocean: 100
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Connected, Street Lights
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Sidewalk, Water Access
  • Association Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association Name: Jamaica Royale Management INC
  • Phone: 941-349-1800
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 1690
  • Condo Fees Term: Quarterly
  • Association Email: Pattie Pressano
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 563
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 6760
  • Total Monthly Fees: 563.33

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105135232
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk
  • Flood Zone Code: VE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Medium (36-60 Lbs.)
  • Max Pet Weight: 100
  • Minimum Lease: 1 Week
  • Approval Process: See HOA docs
  • Pet Restrictions: Owners can have pet See HOA restriction
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: SEE HOA docs

Tax Info

  • Tax Annual Amount: 3092
  • Tax Book Number: 1063-1851
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Gulf/Ocean

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
2
Views
79
Current Estimated Value
$647,447

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

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 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: A4468189

Stellar MLS

APN: 0105-13-5232