NOT LISTED FOR SALE

Jamaica Royale 5830 Midnight Pass Rd Unit 502 Sarasota, FL 34242

Estimated Value: $1,226,000 - $1,484,000

2 Beds
2 Baths
1,285 Sq Ft
$1,087/mo HOA Fee

Last Sold December 10, 2021

Last sale price $1,191,000 $927 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $9,249/month

7 Days on Market

Highlights

  • Waterfront Community
  • Beach View
  • Water Access
  • Phillippi Shores Elementary School Rated A
  • Private Beach
  • Open Floorplan

About This Home

As of December 2021

Soak in the sun from this Gulf-front condominium overlooking the wonder and beauty of Siesta Beach. You’ll find a remarkable investment opportunity offering weekly rentals from the lovely two-bedroom, fifth-floor residence at Jamaica Royale. Presented fully furnished, the updated floorplan is thoughtfully arranged for entertaining and relaxing with dramatic views of azure waters and white sands creating the perfect backdrop. The day begins with breakfast in the open kitchen, equipped with granite countertops, newer stainless appliances, and Gulf views. Step out onto the expansive waterfront terrace to feel the warm weather, hear the seagulls, smell the salty air. Head downstairs for a full day along soft-white sands where every moment inspires play and relaxation. Return home for lunch where the vacation spirit extends as you eat fresh fish and produce from the Siesta Market. Following a sunset walk along the water, dinner calls for a trip to The Village with savory seafood and an island atmosphere. After taking a stroll for ice cream cones and late-night donuts, head home and unwind in the serene master suite outfitted with newly updated hardwood floors. Washer and dryer in the unit. Newer HVAC and water heater. Escape from the hustle and bustle of the real world and escape to the charms of Siesta Key. Sarasota arts, culture, and urban amenities are just a bridge away.

Last Agent to Sell the Property

Kristen Redding

MICHAEL SAUNDERS & COMPANY License #3089978 Listed on: 09/28/2021

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Priscilla Adams

COMPASS FLORIDA LLC License #3335727

Last Buyer's Agent

Marianne LeBar

ROSEBAY INTERNATIONAL REALTY, INC License #0621799

ROSEBAY INTERNATIONAL REALTY, INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,915

Year Built

  • Built in 1976

Lot Details

  • Property fronts a private road
  • Private Beach
  • One Way Street
  • West Facing Home

HOA Fees

  • $1,087 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Ground Level Parking
  • Guest Parking

Home Design

  • Florida Architecture
  • Turnkey
  • Slab Foundation
  • Membrane Roofing
  • 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

Outdoor Features

  • Water Access
  • Balcony
  • Covered Patio or 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

Community Details

Overview

  • Association fees include community pool, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, 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
  • Rental 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,915

Year Built

Built in 1976

Lot Details

0

HOA Fees

$1,087 per month

Parking

1

Listing Details

  • HOA Fee Includes: Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Sewer, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1285
  • New Construction: No
  • Year Built: 1976
  • Building Area Total: 1644
  • Directions to Property: From Stickney Point Road to Midnight Pass Road to Jamiaica Royale (approx. 1 mile on your left). Drive back all the way to Tower II on the Gulf.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4513501?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4513501?w=Customer
  • Floor Number: 5
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 1.08273
  • Price per Sq Ft: 926.85
  • Close to Original List Price Ratio: 1.08273
  • Ratio: Current Price\Building Area Total: 724.45
  • View: Yes
  • Co List Office Mls Id: 281502349
  • Co List Office Phone: 941-966-8000
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Stone Counters, Thermostat, Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 7
  • Window Features: Blinds, Drapes, Shutters
  • Street Number Modifier: 5830
  • Room Count: 4
  • Additional Rooms: Great Room, Inside Utility

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Hurricane Shutters, Sliding Doors
  • Roof: Membrane
  • Pool Private: No
  • Road Frontage Type: Street One Way, Private Road
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Side Porch
  • Road Surface Type: Paved
  • Water View: Beach
  • Water Access: Beach - Private
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Ground Level, Guest, Under Building
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Pool, Water Access, Waterfront
  • Association Amenities: Elevator(s), Maintenance, Pool
  • Association Name: Jamaica Royale - Patti Pressano
  • Phone: 941-349-1800
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 3260
  • Condo Fees Term: Quarterly
  • Association Website: jamaicaroyalesiestakey.com
  • Association Email: patti@jamaicaroyale.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1087
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 13040
  • Total Monthly Fees: 1086.67

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105135120
  • Additional Parcels: No
  • Lot Features: In County, Near Public Transit
  • Property Attached Yn: No
  • Flood Zone Code: VE/AE

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Pet Size: Large (61-100 Lbs.)
  • Max Pet Weight: 100
  • Minimum Lease: 1 Week
  • Approval Process: Application and fee
  • Num Timesper Year: 52
  • Pet Restrictions: Tenants no pets
  • Lease Restrictions Y N: Yes
  • Month To Month Or Weekly Y N: Yes
  • Additional Lease Restrictions: See community documents

Tax Info

  • Tax Annual Amount: 7915.12
  • Tax Book Number: 1111-116
  • Tax Lot: 502

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2021
Closed on
Dec 10, 2021
Sold by
K & G Development Llc
Bought by
Earthmade Inc
Seller's Agent
Kristen Redding
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Marianne LeBar
ROSEBAY INTERNATIONAL REALTY, INC
List Price
$1,100,000
Sold Price
$1,191,000
Premium/Discount to List
$91,000
8.27%
Current Estimated Value
$1,341,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,299
Avg. Annual Appreciation
3.14%

Purchase Details

Listed on
Feb 10, 2020
Closed on
Mar 6, 2020
Sold by
Crist Holdings Llc
Bought by
K And G Development Llc
Seller's Agent
Kelly Quigley
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Kristen Redding
MICHAEL SAUNDERS & COMPANY
List Price
$1,050,000
Sold Price
$965,000
Premium/Discount to List
-$85,000
-8.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.70%

Purchase Details

Listed on
Feb 12, 2014
Closed on
Feb 12, 2015
Sold by
Wittman Bryan C and Wittman Kathleen G
Bought by
Crist Holdings Llc
Seller's Agent
Cheryl Loeffler, PA
Buyer's Agent
Kelly Quigley
MICHAEL SAUNDERS & COMPANY
List Price
$1,095,000
Sold Price
$910,000
Premium/Discount to List
-$185,000
-16.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.17%

Purchase Details

Closed on
Jan 17, 2007
Sold by
Rooney John D
Bought by
Wittman Bryan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
6.05%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 5, 1997
Sold by
Rooney Dorothy M and Rooney John D
Bought by
Rooney Dorothy M
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
Earthmade Inc $1,191,000 Sunbelt Title Agency
K And G Development Llc $965,000 Attorney
Crist Holdings Llc $910,000 Attorney
Wittman Bryan C $1,075,000 Attorney
Rooney Dorothy M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wittman Bryan C $211,000
Previous Owner Wittman Bryan C $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 View Prior Sale
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

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 $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

Agents Affiliated with this Home

  • Kristen Redding

    Seller's Agent in 2021

    Kristen Redding

    Michael Saunders

    (941) 350-0612

    4 in this area

    65 Total Sales

    Kristen Redding
    Section Image
  • Priscilla Adams

    Seller Co-Listing Agent in 2021

    Priscilla Adams

    COMPASS FLORIDA LLC

    (941) 350-5871

    3 in this area

    92 Total Sales

    Priscilla Adams
    Section Image
  • Marianne LeBar

    Buyer's Agent in 2021

    Marianne LeBar

    ROSEBAY INTERNATIONAL REALTY, INC

    (941) 650-0337

    2 in this area

    33 Total Sales

    Marianne LeBar
    Section Image
  • Kelly Quigley

    Seller's Agent in 2020

    Kelly Quigley

    Michael Saunders

    (941) 356-9954

    4 in this area

    51 Total Sales

    Kelly Quigley
    Section Image

  • C

    Seller's Agent in 2015

    Cheryl Loeffler, PA

See All Agents

About Jamaica Royale

Map

Source: Stellar MLS

MLS Number: A4513501

Stellar MLS

APN: 0105-13-5120

Florida Sarasota County Sarasota 34242

5830 Midnight Pass Rd Unit 502, Sarasota, FL

This home is located at 5830 Midnight Pass Rd Unit 502, Sarasota, FL 34242 since 28 September 2021 and is currently estimated at $1,341,299, approximately $1,043 per square foot. This property was built in 1976. 5830 Midnight Pass Rd Unit 502 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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