J
Seller's Agent in 2023
John Masters
COLDWELL BANKER REALTY
(941) 349-4411
7 in this area
13 Total Sales
Harbor Towers Yacht & Racquet Club 5855 Midnight Pass Rd Unit 505 Sarasota, FL 34242
Estimated Value: $568,431 - $640,000
2
Beds
2
Baths
1,056
Sq Ft
$581/mo
HOA Fee
Highlights
- 800 Feet of Waterfront
- Marina
- Boat Dock
- Phillippi Shores Elementary School Rated A
- White Water Ocean Views
- Assigned Boat Slip
About This Home
As of June 2023FANTASTIC PANORAMIC VIEWS of Little Sarasota Bay and Intra-coastal Waterway greet you as you enter this stunning Key West style 2 bedroom / 2 bath condo at Harbor Towers Yacht & Racquet Club. In fact, you will enjoy unobstructed views of Siesta Key and the Waterway from both bedrooms, living room and the open-air lanai. The South facing condo is bright and airy, kissed by sunlight all day long. This 5th floor condo boasts ceramic tile flooring throughout the living and dining rooms as well as the kitchen and both baths. The master bedroom suite has a rich wide plank honey maple real wood flooring; and the 2nd bedroom has fresh Berber carpeting. The kitchen is upgraded with new LG stainless steel appliances-2022. Four ceiling fans help circulate the air in the living areas and the lanai. The outdoor lanai adds another dimension to your ownership experience as it allows you to fully appreciate the fresh air and abundant Florida sunshine. Step outside on the lanai and enjoy the magic of the sun rising over Little Sarasota Bay and watch the early morning fishermen leave for the Gulf while you have breakfast. Then ready yourself for the active resort style living that the amenity rich Harbor Towers offers. Enjoy boating, fishing, kayaking, tennis played on 3 Har-Tru courts, swimming in the heated pools, or exercising in the state of the art fitness center. Barbeque your steaks, burgers, or fish on one of 4 BBQ grills adjacent to the large covered outdoor dining area.Or you may want to just chill and and walk the beautiful award winning grounds to the marina and gazebo island. Relax and enjoy the boating action along the Intra-coastal. Dolphin often visit the marina, so bring your camera. Harbor Towers is a boaters' paradise. It's marina is one of the best on Siesta key and allows for direct access to the Intra-coastal waters. It is a short run, with no fixed bridges to the Gulf of Mexico. For a buyer looking for rental income, this unit is a home run. It's incredible views and quality features will command the highest rental rate and insure return rentals. The demand for vacation rentals is high on Siesta key year-round so income potential for this special condo is great. There is an on-site rental office at Harbor Towers and a 2 week minimum stay. The Harbor Towers complex is only 1/4 mile from the pure quartz powder sands and azure waters of Siesta Key Beach, the #1 beach in the USA, and 1 mile to the dining, shops and excitement of Siesta Key village. This unique condo offers what you want in a Florida residence, sunshine, incredible views and that distinctive coastal lifestyle. So, own this special condo and make the Siesta Key experience part of your life.
Last Agent to Sell the Property
COLDWELL BANKER REALTY License #3277279 Listed on: 04/01/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,145
Year Built
- Built in 1976
Lot Details
- West Facing Home
- Child Gate Fence
- Mature Landscaping
- Landscaped with Trees
- Garden
HOA Fees
- $581 Monthly HOA Fees
Property Views
- Woods
- Garden
Home Design
- Coastal Architecture
- Elevated Home
- Slab Foundation
- Membrane Roofing
- Block Exterior
- Stucco
Interior Spaces
- 1,056 Sq Ft Home
- Ceiling Fan
- Awning
- Blinds
- Sliding Doors
- Great Room
- Combination Dining and Living Room
- Storage Room
- Sauna
Kitchen
- Convection Oven
- Cooktop with Range Hood
- Microwave
- Freezer
- Dishwasher
Flooring
- Engineered Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- En-Suite Bathroom
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry in Hall
- Laundry Located Outside
Home Security
- Security Gate
- Closed Circuit Camera
Parking
- 1 Carport Space
- Ground Level Parking
- Guest Parking
- Off-Street Parking
- Reserved Parking
- Deeded Parking
- Assigned Parking
Pool
- Heated In Ground Pool
- Gunite Pool
- Pool Deck
- Outdoor Shower
- Pool Lighting
Outdoor Features
- Access To Intracoastal Waterway
- Access To Marina
- Fishing Pier
- Access to Bay or Harbor
- No Fixed Bridges
- Property is near a marina
- Seawall
- Minimum Wake Zone
- Assigned Boat Slip
- Boat Slip Deeded
- Dock Does Not Have A Water Supply
- Dock made with Composite Material
- Covered Patio or Porch
- Exterior Lighting
- Gazebo
- Outdoor Storage
- Outdoor Grill
- Private Mailbox
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Sarasota High School
Utilities
- Central Heating and Cooling System
- Dehumidifier
- Humidity Control
- Thermostat
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- Reclaimed Water Irrigation System
- Property is near public transit
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 505
- Assessor Parcel Number 0105134123
Community Details
Overview
- Association fees include cable TV, common area taxes, pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, maintenance, management, pest control, private road, recreational facilities, security, sewer, trash, water
- Annie Marlow Association, Phone Number (941) 348-7600
- Harbor Towers Y & R Condos
- Harbor Towers Y & R Community
- Harbor Towers Y & R Subdivision
- On-Site Maintenance
- Association Owns Recreation Facilities
- The community has rules related to building or community restrictions, deed restrictions, fencing, vehicle restrictions
- 7-Story Property
Amenities
- Sauna
- Laundry Facilities
- Community Storage Space
- Elevator
Recreation
- Community Boat Slip
- Community Spa
- Fishing
Pet Policy
- Pets up to 25 lbs
- Pet Size Limit
- 2 Pets Allowed
Security
- Security Service
- Card or Code Access
- Gated Community
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2023
Closed on
Jun 16, 2023
Sold by
Masters Nancy and Masters John
Bought by
Obrien Kevin Patrick and Obrien Amy Elizabeth
Seller's Agent
John Masters
COLDWELL BANKER REALTY
Buyer's Agent
John Masters
COLDWELL BANKER REALTY
List Price
$664,500
Sold Price
$650,000
Premium/Discount to List
-$14,500
-2.18%
Views
222
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
-$37,892
Avg. Annual Appreciation
-1.84%
Original Mortgage
$487,500
Outstanding Balance
$475,495
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$148,132
Purchase Details
Closed on
Aug 15, 2003
Sold by
Cooper Douglas L and Cooper Randee K
Bought by
Masters John F and Masters Nancy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.52%
Purchase Details
Closed on
May 22, 2000
Sold by
Severms Thomas R and Severms Molly S
Bought by
Cooper Douglas L and Cooper Randee K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
8.2%
Purchase Details
Closed on
Feb 27, 1998
Sold by
Kettler Theda J
Bought by
Severns Thomas R and Severns Molly S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
6.86%
Purchase Details
Closed on
Sep 21, 1995
Sold by
Mccracken M L
Bought by
Kettler Theda J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Interest Rate
7.74%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Obrien Kevin Patrick | $650,000 | None Listed On Document | |
| Masters John F | $395,000 | -- | |
| Cooper Douglas L | $275,000 | -- | |
| Severns Thomas R | $168,000 | -- | |
| Kettler Theda J | $165,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Obrien Kevin Patrick | $487,500 | |
| Previous Owner | Masters John F | $210,000 | |
| Previous Owner | Cooper Douglas L | $206,000 | |
| Previous Owner | Severns Thomas R | $134,400 | |
| Previous Owner | Kettler Theda J | $131,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/16/2023 06/16/23 | Sold | $650,000 | -2.2% | $616 / Sq Ft |
| 05/05/2023 05/05/23 | Pending | -- | -- | -- |
| 05/02/2023 05/02/23 | For Sale | $664,500 | 0.0% | $629 / Sq Ft |
| 04/26/2023 04/26/23 | Pending | -- | -- | -- |
| 04/01/2023 04/01/23 | For Sale | $664,500 | -- | $629 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $3,244 | $435,900 | -- | $435,900 |
| 2023 | $3,244 | $277,924 | $0 | $0 |
| 2022 | $3,145 | $269,829 | $0 | $0 |
| 2021 | $3,136 | $261,970 | $0 | $0 |
| 2020 | $3,141 | $258,353 | $0 | $0 |
| 2019 | $3,028 | $252,544 | $0 | $0 |
| 2018 | $2,954 | $247,835 | $0 | $0 |
| 2017 | $2,938 | $242,738 | $0 | $0 |
| 2016 | $2,933 | $330,600 | $0 | $330,600 |
| 2015 | $2,985 | $278,600 | $0 | $278,600 |
| 2014 | $2,973 | $230,757 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
John Masters
About Harbor Towers Yacht & Racquet Club
Map
Source: Stellar MLS
MLS Number: A4564879
APN: 0105-13-4123
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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