$910,000
SOLD FEB 17, 2015

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

2 Beds
2 Baths
1,285 Sq Ft
$661/mo HOA Fee

Recently Sold

$708 Per Sq Ft

17% Below List Price

343 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Heated Pool
  • Phillippi Shores Elementary School Rated A
  • Private Beach
  • Full Gulf or Ocean Views

About This Home

As of December 2021

A class act on the beach. Ideally positioned to provide the most exceptional views possible, this 1,300 square foot condominium home is truly an element of surprise. Drive past the well-manicured entry and quaint cabanas at Jamaica Royale to Tower II. Prepare to be amazed when you walk through the door of Unit 502. This fabulous residence was completely gutted and creatively designed and completed with every bell and whistle possible. The 360 square foot terrace with sparkling southern exposure is an elegant extension of living space with breath-taking views of the beach and gulf. Spectacular sunset views from the living room. The high-tech AV system offers music throughout with controls for each room. Large tile floors in main living areas and carpet inthe bedrooms. Everything is new and in A-1 condition. Built-in Euro-Cave wine cooler for over 150 bottles. Hidden TV display within master bath mirror. Being sold furnished including all electronics. Hurricane shutters on all openings.

Last Agent to Sell the Property

Cheryl Loeffler, PA

License #0533042 Listed on: 02/12/2014

Last Buyer's Agent

Kelly Quigley

MICHAEL SAUNDERS & COMPANY License #3096483

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,530

Year Built

  • Built in 1976

Lot Details

  • Private Beach
  • End Unit
  • Mature Landscaping

HOA Fees

  • $661 Monthly HOA Fees

Property Views

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,285 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Bar Fridge
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Storage Room

Kitchen

  • Built-In Oven
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Assigned Parking

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Heated Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Tax Lot 502
  • Assessor Parcel Number 0105135120

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, manager, pest control, private road
  • 941 349 1800 Association
  • High-Rise Condominium
  • Jamaica Royale Community
  • Jamaica Royale Tower II Subdivision
  • 9-Story Property

Recreation

Pet Policy

  • 2 Pets Allowed
  • Large pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,530

Year Built

Built in 1976

Lot Details

0

HOA Fees

$661 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Private Road
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1285
  • New Construction: No
  • Year Built: 1976
  • Building Area Total: 1644
  • Directions to Property: From Stickney Point Road to MPR to Jamiaica Royale approx. 1 mile on your left. Drive back all the way to Tower II on the Gulf.
  • Status: Sold
  • Floor Number: 5
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: No
  • Subdivision Num: 7168
  • Property Description: Corner Unit, End Unit, High Rise
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.91457
  • Price per Sq Ft: 708.17
  • Close to Original List Price Ratio: 0.83105
  • Ratio: Current Price\Building Area Total: 553.53
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Elevator, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Dishwasher, Disposal, Dryer, Tankless Water Heater, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 9
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 5830
  • Room Count: 5
  • Additional Rooms: Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Storage
  • Pool Features: Heated
  • Exterior Features: Balcony, Lighting, Outdoor Grill, Outdoor Shower, Sliding Doors, Storage
  • Roof: Membrane
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Water View: Gulf/Ocean - Full
  • Water Access: Beach - Private, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Waterfront Frontage: 50

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Assigned
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sprinkler Recycled, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Name: 941-349-1800
  • Association: No
  • Senior Community: No
  • Condo Fees: 661
  • Condo Fees Term: Monthly
  • Monthly Condo Fee Amount: 661
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 7932
  • Total Monthly Fees: 661

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
  • Future Land Use: 0405
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Large (61-100 Lbs.)
  • Minimum Lease: 1-7 Days
  • Num Timesper Year: 52
  • Pet Restrictions: Owner Only

Tax Info

  • Tax Annual Amount: 6530
  • Tax Book Number: 0005/0032
  • Tax Lot: 502

Multi Family

  • Waterfront Features: Beach - Private, Gulf/Ocean

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 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
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 View Prior Sale
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
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

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Map

Source: Stellar MLS

MLS Number: A3992713

Stellar MLS

APN: 0105-13-5120