NOT LISTED FOR SALE

5911 Midnight Pass Rd Unit 401 Sarasota, FL 34242

Estimated Value: $948,000 - $1,057,000

2 Beds
2 Baths
1,575 Sq Ft
3.7 Acres

Last Sold May 13, 2021

Last sale price $850,000 $540 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,062/month

29 Days on Market

Highlights

  • Boat Dock
  • Property fronts an intracoastal waterway
  • Oak Trees
  • Phillippi Shores Elementary School Rated A
  • Water Access
  • Heated In Ground Pool

About This Home

As of May 2021

Waterfront condominium on Siesta Key with deeded boat dock, boat lift and private access to Siesta Beach. Enjoy island living in a resort environment with amenities that include a new boat basin, boat docks with electric/water service, fishing pier, heated waterfront pool, tennis/pickleball court, clubhouse, secure kayak/paddleboard/bicycle storage, kayak launch, fire pit gathering area and three BBQ areas. Private beach access is just across the street at Sarasota Surf & Racquet Club along with use of their beach pavilion and cabana chair rentals. Just open the door, walk a few steps, and you re on the beach any time your heart desires. This rarely available end unit in Boca Siesta is on the fourth floor and was completely renovated five years ago into an open floor plan featuring an enclosed Florida room with water view and large sliding glass windows for year-round enjoyment of the natural surrounding. High-end finishes include engineered hickory hardwood floors, maple wood cabinetry, granite countertops, crown molding, PGT impact windows, farmhouse sink and stainless appliances. The master bedroom has a wonderful water view and features an ensuite bath with dual sinks, a jetted garden tub and a walk-in shower. For convenience, the in-unit laundry room has a full-size washer and dryer. Another perk is the large storage room in back of the covered parking space. Great location between Siesta Village and South Village shopping/dining districts, and minutes to mainland amenities via either north or south bridge. This residence is being sold partially furnished including three wall-mounted TVs. Bring your boat, bring your beach chair and settle into island time. Detailed feature sheet and video available. Please note: Masks are required at all showings.

Last Agent to Sell the Property

Peter G. Laughlin

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0354182 Listed on: 03/03/2021

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Maurice Menager

MICHAEL SAUNDERS & COMPANY License #3025003

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,758

Year Built

  • Built in 1984

Lot Details

  • Property fronts an intracoastal waterway
  • Street terminates at a dead end
  • Southwest Facing Home
  • Mature Landscaping
  • Irrigation
  • Oak Trees

Parking

  • 1 Car Attached Garage
  • Ground Level Parking
  • Guest Parking
  • Assigned Parking

Property Views

  • Water
  • Garden

Home Design

  • Concrete Roof
  • Concrete Siding
  • Pile Dwellings

Interior Spaces

  • 1,575 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Shutters
  • Blinds
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Outside Bathroom Access
  • Child Gate Fence
  • Pool Lighting

Outdoor Features

  • Water Access
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Water Filtration System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 401
  • Assessor Parcel Number 0105134525

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance exterior, ground maintenance, manager, pest control, pool maintenance, recreational facilities, security, sewer, trash, water
  • Justin Gonzalez / Argus Management Association, Phone Number (941) 927-6464
  • Boca Siesta Community
  • Boca Siesta Subdivision
  • Association Approval Required
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • 7-Story Property

Amenities

  • Sauna
  • Elevator
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Boat Slip
  • Tennis Courts
  • Recreation Facilities
  • Community Pool
  • Fishing

Pet Policy

  • Pets up to 30 lbs
  • Limit on the number of pets
  • Pet Size Limit

Security

  • Card or Code Access
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,758

Year Built

Built in 1984

Lot Details

0

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, 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 Sub Type: Condominium
  • Property Description: Corner Unit, End Unit, Mid Rise
  • Disaster Mitigation: Hurricane Shutters/Windows
  • Water Extras: Assigned Boat Slip, Dock - Open, Dock w/Electric, Dock w/Water Supply, Lift, Seawall - Concrete
  • Water View: Yes
  • Construction Materials: Concrete
  • Living Area: 1575.00
  • Homestead: Yes
  • Lot Size Acres: 3.70
  • Year Built: 1984
  • Building Area Total: 1595.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4493023?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4493023?w=Customer
  • Lot Size Sq Ft: 161787
  • Building Search Sq Meters: 148.18
  • Directions to Property: Mid Siesta Key bayside, on Midnight Pass Road between Stickney Point Road and traffic light at Beach Road, across from Sarasota Surf & Racquet.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1037329
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 8
  • Living Area Units: Square Feet
  • Additional Rooms: Great Room, Inside Utility
  • Flooring: Engineered Hardwood, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Washer, Water Filtration System
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Floor Number: 4
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 7
  • Window Features: Blinds, Shutters
  • Living Area Meters: 146.32
  • Street Number Modifier: 5911

Exterior Features

  • Direction Faces: Southwest
  • Water Extras: Yes
  • Waterfront Feet ICW: 197
  • Water Access: Bay/Harbor, Beach - Private, Beach - Public, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
  • Pool Features: Child Safety Fence, Gunite, Heated, In Ground, Lighting, Outside Bath Access
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Storage, Tennis Court(s)
  • Roof: Concrete
  • Water View: Intracoastal Waterway
  • Flood Zone Code: AE
  • Flood Zone Date: 11/04/2016
  • Flood Zone Panel: 12115C0143F
  • Water Access: Yes
  • View: Garden, Water
  • Water Body Name: INTRACOASTAL, GULF OF MEXICO
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Ground Level, Guest

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Boca Siesta
  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fishing, Pool, Tennis Courts, Water Access, Waterfront
  • Building Name Number: BOCA SIESTA
  • Condo Fees: 2558
  • Condo Fees Term: Quarterly
  • Max Pet Weight: 30
  • Monthly Condo Fee Amount: 853
  • Pet Size: Small (16-35 Lbs.)
  • Association Amenities: Boat Slip, Dock, Elevators, Pool, Recreation Facilities, Sauna, Storage, Tennis Court(s)
  • Association Approval Required: Yes
  • Association Name: Justin Gonzalez / Argus Management
  • Phone: 941-927-6464
  • Security: Closed Circuit Camera(s), Key Card Entry, Security Lights, Security System, Smoke Detector(s)
  • Association Email: justin@argusmgmt.com
  • Association Website: https://bocasiesta.org/

Fee Information

  • Waterfront Frontage: 197
  • Total Annual Fees: 10232.00
  • Total Monthly Fees: 852.67

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: 0105134525
  • Lot Features: FloodZone, In County, Level/Flat, Near Public Transit, Street Dead-End, Street Paved, Street Private
  • Lot Size Square Meters: 15030

Rental Info

  • Minimum Lease: 3 Months
  • Additional Lease Restrictions: Abide by condo rules and regulations.
  • Furnished: Unfurnished
  • Lease Restrictions: Yes
  • Pets Allowed: Number Limit, Size Limit, Yes

Multi Family

  • Approval Process: Owner and prospective tenant must complete the Lease Information Form and submit to Board of Directors. Board will approve/disapprove the proposed lease within 10 days of receiving the application.
  • Waterfront Features: Intracoastal Waterway

Tax Info

  • Tax Annual Amount: 5758.21
  • Tax Book Number: 1691-1136
  • Tax Lot: 401

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
May 13, 2021
Sold by
Shuma Steven D and Dominguez Silvia
Bought by
Helmes Timothy M and Helmes Jamie M
Seller's Agent
Peter G. Laughlin
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Maurice Menager
MICHAEL SAUNDERS & COMPANY
List Price
$860,000
Sold Price
$850,000
Premium/Discount to List
-$10,000
-1.16%
Current Estimated Value
$997,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,341
Avg. Annual Appreciation
3.65%
Original Mortgage
$595,000
Outstanding Balance
$536,576
Interest Rate
2.79%
Mortgage Type
New Conventional
Estimated Equity
$460,765

Purchase Details

Closed on
Dec 9, 2016
Sold by
Turnbull Sharon B and The Sharoun B Turnbull Revoca
Bought by
Shuman Steven D and Dominguez Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2008
Sold by
Turnbull J Stuart and Turnbull Sharon B
Bought by
Turnbull Sharon B and The Sharon B Turnbull Revocabl

Purchase Details

Closed on
Oct 8, 2004
Sold by
Lofino Charles J
Bought by
Turnbull James S and Turnbull Sharon B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
1.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 1997
Sold by
Walter Peterson Inc
Bought by
Lofino Charles J
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Helmes Timothy M $850,000 Msc Title Inc
Shuman Steven D $580,000 Attorney
Turnbull Sharon B -- Attorney
Turnbull James S $525,000 --
Lofino Charles J $185,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Helmes Timothy M $595,000
Previous Owner Shuman Steven D $417,000
Previous Owner Turnbull James S $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2021 05/13/21 Sold $850,000 -1.2% $540 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $860,000 0.0% $546 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/26/2021 03/26/21 Price Changed $860,000 -2.8% $546 / Sq Ft
03/13/2021 03/13/21 Price Changed $885,000 -10.2% $562 / Sq Ft
03/03/2021 03/03/21 For Sale $985,000 -- $625 / 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 $10,105 $792,700 -- $792,700
2023 $10,105 $826,100 $0 $826,100
2022 $9,428 $764,400 $0 $764,400
2021 $6,345 $483,800 $0 $483,800
2020 $5,758 $463,300 $0 $463,300
2019 $5,688 $461,700 $0 $461,700
2018 $5,986 $486,400 $0 $486,400
2017 $6,196 $459,100 $0 $459,100
2016 $4,183 $394,000 $0 $394,000
2015 $3,746 $388,500 $0 $388,500
2014 $3,731 $282,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4493023

Stellar MLS

APN: 0105-13-4525