$425,000
SOLD JAN 14, 2021

Harbor Towers Yacht & Racquet Club 5855 Midnight Pass Rd Unit 520 Sarasota, FL 34242

2 Beds
2 Baths
1,152 Sq Ft
9 Acres

Recently Sold

$369 Per Sq Ft

3% Below List Price

27 Days on Market

Highlights

  • Marina
  • Boat Dock
  • Property fronts an intracoastal waterway
  • Phillippi Shores Elementary School Rated A
  • Marina View
  • Water Access

About This Home

As of January 2021

Wow, WHAT A VIEW! Gulf views from this 5th floor condo. Newly redone with newer kitchen and baths. Great views from both bedrooms and living-dining room. Moe right in. Could be used as personal home, vacation home, or investment. Resort style living with 2 pools, 3 tennis courts, marina, kayak launch, fishing, bike storage, saunas, social room for parties, work out room, big screen television. Building interior recently been repainted and new carpeting. A wonderful buy!

Last Agent to Sell the Property

Joyce Naegele

License #0629853 Listed on: 12/03/2020

Last Buyer's Agent

Joyce Naegele

License #0629853 Listed on: 12/03/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,547

Year Built

  • Built in 1976

Lot Details

  • West Facing Home
  • Wood Fence
  • Mature Landscaping
  • Metered Sprinkler System
  • Landscaped with Trees

Parking

  • Assigned Parking

Home Design

  • Midcentury Modern Architecture
  • Florida Architecture
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,152 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Sauna
  • Ceramic Tile Flooring
  • Laundry on upper level

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Security Lights
  • Security Gate

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near a marina
  • Enclosed patio or porch
  • Exterior Lighting
  • Gazebo
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Power Generator
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0105134137

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance exterior, ground maintenance, manager, pest control, pool maintenance, recreational facilities, security, sewer, trash, water
  • Melissa Beach Association, Phone Number (941) 349-7600
  • Harbor Towers Y & R Community
  • On-Site Maintenance
  • Association Approval Required
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions, deed restrictions, vehicle restrictions
  • 7-Story Property

Amenities

  • Sauna
  • Laundry Facilities
  • Community Storage Space
  • Elevator

Recreation

  • Community Boat Slip
  • Recreation Facilities
  • Fishing

Pet Policy

  • Pets up to 20 lbs
  • Limit on the number of pets
  • Pet Size Limit

Security

  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,547

Year Built

Built in 1976

Lot Details

0

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Exterior, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Florida, Mid-Century Modern
  • Property Description: Mid Rise
  • Water Extras: Bridges - No Fixed Bridges, Dock - Composite, Dock - Open, Dock - Slip 1st Come, Dock w/Electric, Dock w/o Water Supply, Minimum Wake Zone, Sailboat Water, Seawall - Concrete
  • Water View: Yes
  • Construction Materials: Block, Stucco
  • Living Area: 1152.00
  • Lot Size Acres: 8.70
  • Year Built: 1976
  • Building Area Total: 1152.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4485320?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4485320?w=Customer
  • Lot Size Sq Ft: 378884
  • Building Search Sq Meters: 107.02
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4485320?w=PubMLS
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 6
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Floor Number: 5
  • Levels: One
  • Other Equipment: Generator
  • Stories: 7
  • Window Features: Window Treatments
  • Living Area Meters: 107.02

Exterior Features

  • Direction Faces: West
  • Other Structures: Gazebo, Tennis Court(s)
  • Additional Water Information: DOCK SPACE IS FIRST COME FIRST SERVE. EXISTING DOCKS ARE IN THE PROCESS OF BEING REPLACED.
  • Water Extras: Yes
  • Waterfront Feet Bay Harbor: 500
  • Waterfront Feet ICW: 500
  • Waterfront Feet Marina: 150
  • Water Access: Bay/Harbor, Intracoastal Waterway, Marina
  • Exterior Features: Fenced, Lighting, Outdoor Grill, Outdoor Shower, Sauna, Sidewalk, Sliding Doors, Sprinkler Metered, Tennis Court(s)
  • Roof: Membrane
  • Water View: Gulf/Ocean - Partial
  • Flood Zone Code: AE
  • Flood Zone Date: 11/04/2016
  • Water Access: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Patio, Porch
  • Road Surface Type: Asphalt

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Public, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside, Upper Floor
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Harbor Towers Y & R
  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fishing, Fitness, Gated Community, Pool, Sidewalk, Special Community Restrictions, Tennis Courts, Water Access, Waterfront
  • Pet Restrictions: Tennants - NO PETS
  • Building Name Number: HARBOR TOWERS Y & R CLUB
  • Condo Fees: 1786
  • Condo Fees Term: Quarterly
  • Max Pet Weight: 20
  • Monthly Condo Fee Amount: 595
  • Pet Size: Small (16-35 Lbs.)
  • Association Amenities: Boat Slip, Cable, Dock, Elevators, Fitness Center, Gated, Laundry, Lobby Key Required, Maintenance, Marina, Pool, Recreation Facilities, Sauna, Storage, Tennis Court(s), Vehicle Restrictions
  • Association Approval Required: Yes
  • Association Fee Frequency: Quarterly
  • Association Name: Melissa Beach
  • Phone: 941-349-7600
  • Association: Yes
  • Security: Fire Sprinkler System, Gated Community, Security Gate, Security Lights, Smoke Detector(s)
  • Association Email: manager@harbortowers.net
  • Association Website: http://harbortowers.net

Fee Information

  • Waterfront Frontage: 1150
  • Total Annual Fees: 7144.00
  • Total Monthly Fees: 595.33

Schools

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

Lot Info

  • Zoning Compatible: Yes
  • Zoning: RMF3
  • Parcel Number: 0105134137
  • Fencing: Wood
  • Lot Features: FloodZone, Level/Flat, Near Marina, Near Public Transit, Street Paved
  • Lot Dimensions: 300 X 800
  • Lot Size Square Meters: 35199

Rental Info

  • Minimum Lease: 2 Weeks
  • Additional Lease Restrictions: See Rules and Regulations
  • Furnished: Furnished
  • Lease Restrictions: Yes
  • Pets Allowed: Number Limit, Size Limit, Yes

Multi Family

  • Approval Process: assn. approval on long term lease
  • Waterfront Features: Bay/Harbor, Intracoastal Waterway, Marina

Tax Info

  • Tax Annual Amount: 4547.00
  • Tax Book Number: 9-16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2020
Closed on
Jan 15, 2021
Sold by
Mcgowan Matthew M and Mcgowan Jennifer
Bought by
Gray Christopher James and Louie Jessica
Seller's Agent
Joyce Naegele
Buyer's Agent
Joyce Naegele
List Price
$440,000
Sold Price
$425,000
Premium/Discount to List
-$15,000
-3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.64%
Original Mortgage
$318,750
Outstanding Balance
$286,385
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$444,794

Purchase Details

Closed on
Aug 20, 2015
Sold by
Kahoe Stephen R
Bought by
Mcgowan Matthew M and Mcgowan Jennifer

Purchase Details

Listed on
Jun 10, 2010
Closed on
Jun 22, 2012
Sold by
Saetre Astri
Bought by
Kahoe Stephen R
Seller's Agent
Vidar Saetre
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
Jay Mitchell
COLDWELL BANKER REALTY
List Price
$287,500
Sold Price
$287,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
Original Mortgage
$150,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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 $425,000 Attorney
Warranty Deed $373,000 Attorney
Warranty Deed $287,500 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $318,750 New Conventional
Previous Owner $150,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Price Changed $730,000 -2.7% $634 / Sq Ft
01/29/2025 01/29/25 For Sale $750,000 +76.5% $651 / Sq Ft
01/14/2021 01/14/21 Sold $425,000 -3.4% $369 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
12/03/2020 12/03/20 For Sale $440,000 +53.0% $382 / Sq Ft
06/22/2012 06/22/12 Sold $287,500 0.0% $272 / Sq Ft
05/22/2012 05/22/12 Pending -- -- --
06/10/2010 06/10/10 For Sale $287,500 -- $272 / 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 $5,381 $461,600 -- $461,600
2023 $5,381 $462,161 $0 $0
2022 $5,242 $448,700 $0 $448,700
2021 $4,466 $334,800 $0 $334,800
2020 $4,547 $335,000 $0 $335,000
2019 $4,700 $350,900 $0 $350,900
2018 $4,837 $369,700 $0 $369,700
2017 $4,399 $322,100 $0 $322,100
2016 $4,487 $322,200 $0 $322,200
2015 $3,926 $271,500 $0 $271,500
2014 $3,944 $246,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4485320

Stellar MLS

APN: 0105-13-4137