OPEN SAT 12AM - 4PM
$50K PRICE INCREASE
Jamaica Royale 5830 Midnight Pass Rd Unit 502 Sarasota, FL 34242
Estimated payment $10,714/month
Total Views
25,820
2
Beds
2
Baths
1,285
Sq Ft
$1,167
Price per Sq Ft
Highlights
- Beach View
- Beach Access
- Deck
- Phillippi Shores Elementary School Rated A
- Open Floorplan
- Property is near public transit
About This Home
BRAND NEW A/C The Beach, Elevated this updated 5th floor high above the Gulf a Golden opportunity to own directly on Siesta Key Beach. Rarely available perfectly situated direct beach front with a weekly rental program managed on site 52 weeks a year. Endless BEACH VIEWs in the wrap around deck specific to this unit on the 5th floor you will be well protected from high tides. NEW HURRICANE WINDOWS and/or shutters 2023 new railings on the balconies and fresh interior and exterior paint assessments have been paid. This unit comes turnkey furnished a top performer when rented Unit 502 rental income can be verified final net 2024 $70,335. You will love the large wine refrigerator great for chilling soft drinks and water too enjoy on your open balcony hovering over the beach cannot get closer that this and still able to sleep at night. You will appreciate the extra owners storage unit on the first level of the building convenient for your personal beach chairs and umbrellas. Jamaica Royale features 3 swimming pools and beach side chairs for relaxing on Crescent Beach. Central island location for easy access to south and north villages on Siesta key shopping dining and live entertainment. Access the trolley for free rides to either end of Siesta Key. This unit is rented through July 2025. This property has the "MILESTONE" inspection for Jaimaica Royale.
Listing Agent
ROSEBAY INTERNATIONAL REALTY, INC Brokerage Phone: 941-366-7673 License #0621799 Listed on: 01/21/2025
Open House Schedule
-
Saturday, August 09, 202512:00 am to 4:00 pm8/9/2025 12:00:00 AM +00:008/9/2025 4:00:00 PM +00:00Please come out to see SIESTA KEY at the widest point of the beach Jamaica RoyaleAdd to Calendar
-
Sunday, August 10, 202512:00 am to 4:00 pm8/10/2025 12:00:00 AM +00:008/10/2025 4:00:00 PM +00:00Please come see this unit at the beach and enjoy open all day. TOP INCOME PRODUCER booked solid 2025 thru end of July. AVAILABLE NOWAdd to Calendar
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,915
Year Built
- Built in 1976
Lot Details
- One Way Street
- West Facing Home
HOA Fees
- $1,770 Monthly HOA Fees
Home Design
- Florida Architecture
- Turnkey
- Slab Foundation
- Membrane Roofing
- Block Exterior
- Stucco
Interior Spaces
- 1,285 Sq Ft Home
- Open Floorplan
- Ceiling Fan
- Shutters
- Blinds
- Drapes & Rods
- Sliding Doors
- Great Room
- Inside Utility
Kitchen
- Range
- Microwave
- Dishwasher
- Wine Refrigerator
- Stone Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in Kitchen
- Dryer
- Washer
Home Security
Parking
- Ground Level Parking
- 1 Assigned Parking Space
Outdoor Features
- Beach Access
- Balcony
- Deck
- Wrap Around Porch
Location
- Property is near public transit
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Sarasota High School
Utilities
- Central Heating and Cooling System
- Thermostat
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 502
- Assessor Parcel Number 0105135120
Community Details
Overview
- Association fees include pool, insurance, maintenance structure, ground maintenance, management, pest control, private road, sewer, trash
- Jamaica Royale Patti Pressano Association, Phone Number (941) 349-1800
- Visit Association Website
- Jamaica Royale Tower Ii Community
- Jamaica Royale Tower Ii Subdivision
- On-Site Maintenance
- The community has rules related to deed restrictions
- 7-Story Property
Recreation
Pet Policy
- Pets up to 100 lbs
- Pet Size Limit
- 2 Pets Allowed
Additional Features
- Elevator
- Hurricane or Storm Shutters
Map
About Jamaica Royale
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
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 | $12,606 | $1,087,400 | -- | $1,087,400 |
| 2023 | $12,606 | $1,078,900 | $0 | $1,078,900 |
| 2022 | $11,217 | $922,700 | $0 | $922,700 |
| 2021 | $8,623 | $675,800 | $0 | $675,800 |
| 2020 | $7,915 | $605,000 | $0 | $605,000 |
| 2019 | $8,668 | $670,300 | $0 | $670,300 |
| 2018 | $8,763 | $678,100 | $0 | $678,100 |
| 2017 | $9,151 | $696,900 | $0 | $696,900 |
| 2016 | $10,202 | $760,400 | $0 | $760,400 |
| 2015 | $6,554 | $672,500 | $0 | $672,500 |
| 2014 | $6,531 | $489,279 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/21/2025 01/21/25 | Price Changed | $1,500,000 | +3.4% | $1,167 / Sq Ft |
| 01/21/2025 01/21/25 | For Sale | $1,450,000 | +21.7% | $1,128 / Sq Ft |
| 12/10/2021 12/10/21 | Sold | $1,191,000 | +8.3% | $927 / Sq Ft |
| 10/05/2021 10/05/21 | Pending | -- | -- | -- |
| 09/28/2021 09/28/21 | For Sale | $1,100,000 | +14.0% | $856 / Sq Ft |
| 03/06/2020 03/06/20 | Sold | $965,000 | -8.1% | $751 / Sq Ft |
| 02/10/2020 02/10/20 | Pending | -- | -- | -- |
| 02/10/2020 02/10/20 | For Sale | $1,050,000 | +15.4% | $817 / Sq Ft |
| 02/17/2015 02/17/15 | Sold | $910,000 | -8.5% | $708 / Sq Ft |
| 01/22/2015 01/22/15 | Pending | -- | -- | -- |
| 01/19/2015 01/19/15 | Price Changed | $995,000 | -9.1% | $774 / Sq Ft |
| 02/12/2014 02/12/14 | For Sale | $1,095,000 | -- | $852 / Sq Ft |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,191,000 | Sunbelt Title Agency | |
| Warranty Deed | $965,000 | Attorney | |
| Warranty Deed | $910,000 | Attorney | |
| Deed | $1,075,000 | Attorney | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $211,000 | Credit Line Revolving | |
| Previous Owner | $800,000 | Purchase Money Mortgage | |
| Previous Owner | $211,000 | Credit Line Revolving |
Source: Public Records
About the Listing Agent
Passion, professionalism and integrity are the hallmarks of Marianne LeBar’s over 25 years in real estate. Since first earning her license in Philadelphia and ultimately becoming a Broker-Associate in Sarasota, Marianne has established herself as a trusted professional who provides a concierge style experience to achieve the goals of her customers.
Marianne has lived in Sarasota since 1989, giving her a truly in-depth knowledge of the area. She has navigated the real estate market at
Marianne's Other Listings
Source: Stellar MLS
MLS Number: A4636684
APN: 0105-13-5120
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.
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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