NOT LISTED FOR SALE

Harbor Towers Yacht & Racquet Club 5855 Midnight Pass Rd Unit 708 Sarasota, FL 34242

Estimated Value: $626,249 - $730,000

2 Beds
2 Baths
1,152 Sq Ft
$574/mo HOA Fee

Last Sold September 12, 2022

Last sale price $651,500 $566 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,827/month

43 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Dock has access to electricity and water
  • Access To Intracoastal Waterway
  • Phillippi Shores Elementary School Rated A
  • Marina View
  • Fitness Center

About This Home

As of September 2022

Rarely available Penthouse condo! Excellent Investment Opportunity! Enjoy views of the intra-coastal, Gulf of Mexico, and downtown Sarasota from this top floor 2 bedroom, 2 bathroom condo. Upon entering this condo, you will notice the 9ft ceilings available on the 7th floor of stunning Harbor Towers Yacht and Racquet Club. This condo features a washer and dryer, updated kitchens and bathrooms. Location is everything! Just a short walk to the top ranked Siesta Key Beach with its powdery quartz sand. Hop on the free trolley, which stops right in front of Harbor Towers for shopping, dinner, or music in Siesta Key Village. Go for a bike ride around the island and then store your bike in the well-lit bike storage racks. You can easily venture off the island via one of two bridges and enjoy all the shopping, dining and entertainment that Sarasota has to offer. Investor-friendly building with an on-site rental office, 2 week rentals, and some of the lowest HOA fees on the island. Enjoy life at Harbor Towers in this immaculate turnkey furnished unit. Harbor Towers is one of the largest resort-style properties on Siesta Key. Having an added option for a large boat slip is very rare. $45,000 annual rental potential quoted by a local management company. Room Feature: Linen Closet In Bath (Primary Bedroom).

Last Agent to Sell the Property

Kelli Eggen

COLDWELL BANKER REALTY Brokerage Phone: 941-349-3460 License #3338319 Listed on: 06/12/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

Lorna Leduc

ROSEBAY INTERNATIONAL REALTY, INC License #0708893

ROSEBAY INTERNATIONAL REALTY, INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,658

Year Built

  • Built in 1976

Lot Details

  • Northeast Facing Home

HOA Fees

  • $574 Monthly HOA Fees

Parking

  • Reserved Parking

Property Views

Home Design

  • Turnkey
  • Slab Foundation
  • Membrane Roofing
  • Stucco

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Sauna
  • Pest Guard System

Kitchen

  • Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Access To Intracoastal Waterway
  • Access To Marina
  • No Fixed Bridges
  • First Come-First Served Dock
  • Boat Port
  • Seawall
  • Minimum Wake Zone
  • Dock has access to electricity and water
  • Dock made with Composite Material
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Schools

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

Utilities

  • Central Air
  • Humidity Control
  • Heating Available
  • Thermostat
  • Cable TV Available

Additional Features

  • Wheelchair Access
  • Reclaimed Water Irrigation System

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, management, pest control, recreational facilities, security, sewer, trash, water
  • Annie Marlow Association, Phone Number (941) 349-7600
  • Visit Association Website
  • Harbor Towers Y & R Community
  • Harbor Towers Y & R Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions
  • Community features wheelchair access

Amenities

  • Sauna
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Recreation Facilities
  • Community Spa

Pet Policy

  • Pets up to 20 lbs
  • Pet Size Limit
  • 2 Pets Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,658

Year Built

Built in 1976

Lot Details

0

HOA Fees

$574 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1152
  • Lot Size Acres: 1
  • New Construction: No
  • Year Built: 1976
  • Building Area Total: 1152
  • Directions to Property: Take I-75 to Clark Rd exit (205). Take Clark Rd West until you cross the Stickney Point bridge to Siesta Key. Head north and Harbor Towers will be on your right. Look for the large waterfall and use the northernmost entrance. There is guest parking on your left before the gate.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 7
  • List Office Head Office Key Nume: 1047116
  • Minimum Lease: 2 Weeks
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 565.54
  • Total Acreage: 1 to less than 2
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • MFR_DockDescription: Dock - Composite,Dock - Slip 1st Come,Dock w/Electric,Dock w/Water Supply
  • MFR_CommunityAssociationWaterFeatures: Boat Slip,Dock,Marina,Water Access,Waterfront
  • Attribution Contact: 941-349-3460
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Open Floorplan, Pest Guard System, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Cooktop, Dryer, Freezer, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 1
  • Street Number Modifier: 5855
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Florida Room
  • Living Area Meters: 107.02
  • Room Count: 5

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Sauna, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Membrane
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Access: Intracoastal Waterway,Marina
  • Water Extras: Boat Port,Bridges - No Fixed Bridges,Minimum Wake Zone,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Partial,Gulf/Ocean - Partial,Intracoastal Waterway,Marina
  • Water View YN: 1
  • Waterfront Feet Total: 200
  • Water Frontage Feet ICW: 150
  • Water Frontage Feet Marina: 50

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Guest, Reserved

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Sewer Connected, Water Connected
  • Cooling: Central Air, Humidity Control
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness Center, Gated, Irrigation-Reclaimed Water, No Truck/RV/Motorcycle Parking, Pool, Sidewalks, Tennis Courts, Wheelchair Access
  • Association Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Laundry, Maintenance, Pool, Recreation Facilities, Sauna, Security, Spa/Hot Tub, Storage, Tennis Court(s), Vehicle Restrictions, Wheelchair Access
  • Association Fee: 1721.35
  • Association Fee Frequency: Quarterly
  • Association Name: Annie Marlow
  • Phone: 941-349-7600, 3
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: 2 pet limit size 20 lbs or less
  • Association Fee Requirement: Required
  • Condo Fees: 0
  • Max Pet Weight: 20
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: manager@harbortowers.net
  • Monthly Condo Fee Amount: 0
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: harbortowers.net

Fee Information

  • Total Annual Fees: 6885.40
  • Total Monthly Fees: 573.78
  • Monthly HOA Amount: 573.78

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105134189
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: No pets allowed for renters

Tax Info

  • Tax Annual Amount: 3658.31
  • Tax Book Number: 9-16
  • Tax Lot: PH8

Multi Family

  • Waterfront Features: Intracoastal Waterway, Marina

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2023
Sold by
Dilustro Family Living Trust
Bought by
Dilustro Family Irrevocable Trust and Dilustro
Current Estimated Value
$667,812

Purchase Details

Closed on
Feb 10, 2023
Sold by
Spe 222 Llc
Bought by
Dilustro Family Living Trust

Purchase Details

Listed on
Jun 12, 2022
Closed on
Sep 12, 2022
Sold by
Wells Patrick Gerard and Wells Betty Joan
Bought by
Spe 222 Llc
Seller's Agent
Kelli Eggen
COLDWELL BANKER REALTY
Buyer's Agent
Lorna Leduc
ROSEBAY INTERNATIONAL REALTY, INC
List Price
$699,000
Sold Price
$651,500
Premium/Discount to List
-$47,500
-6.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.69%

Purchase Details

Closed on
Sep 28, 2018
Sold by
Anoe Richard D and Anoe Gail A
Bought by
Wells Patrick Gerard and Wells Betty Joan

Purchase Details

Closed on
Jun 2, 2011
Sold by
Lucas John G
Bought by
Anoe Richard D and Anoe Gail A

Purchase Details

Closed on
Apr 12, 2002
Sold by
Camelakes Thomas A
Bought by
Lucas John G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2000
Sold by
Trumbull John Wilson
Bought by
Canelakes Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
7.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 1998
Sold by
Trumbull John W and Trumbull John Wilson
Bought by
Trumbull John Wilson
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 Buyer Sale Price Title Company
Dilustro Family Irrevocable Trust $100 None Listed On Document
Dilustro Family Living Trust -- --
Spe 222 Llc $651,500 --
Wells Patrick Gerard $415,000 Sunbelt Title Agency
Anoe Richard D $259,500 Hillsborough Title Llc
Lucas John G $295,000 --
Canelakes Thomas A $235,000 --
Trumbull John Wilson -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lucas John G $250,000
Previous Owner Canelakes Thomas A $211,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2022 09/12/22 Sold $651,500 -5.4% $566 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/20/2022 07/20/22 Price Changed $689,000 -1.4% $598 / Sq Ft
06/12/2022 06/12/22 For Sale $699,000 -- $607 / 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 $6,398 $501,000 -- $501,000
2023 $6,398 $513,100 $0 $513,100
2022 $3,662 $313,944 $0 $0
2021 $3,658 $304,800 $0 $304,800
2020 $4,236 $310,100 $0 $310,100
2019 $4,439 $329,900 $0 $329,900
2018 $4,425 $329,900 $0 $329,900
2017 $4,493 $329,500 $0 $329,500
2016 $4,455 $329,600 $0 $329,600
2015 $4,019 $278,500 $0 $278,500
2014 $4,015 $249,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4538530

Stellar MLS

APN: 0105-13-4189