NOT LISTED FOR SALE

5911 Midnight Pass Rd Unit 403 Sarasota, FL 34242

Estimated Value: $820,618 - $968,000

2 Beds
2 Baths
1,567 Sq Ft
$741/mo HOA Fee

Last Sold June 15, 2018

Last sale price $550,000 $351 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $6,041/month

219 Days on Market

Highlights

  • 302 Feet of Waterfront
  • White Water Ocean Views
  • Access To Intracoastal Waterway
  • Phillippi Shores Elementary School Rated A
  • Boat Dock
  • Boat Slip Deeded

About This Home

As of June 2018

A tropical getaway on stunning Siesta Key, this two-bedroom remodeled condominium offers Intracoastal water views, and a sanctuary of relaxation and refinement. Located within well-established Boca Siesta, this condominium presents an exceptional value within a friendly residential community. Beach access to Siesta Beach is directly across the street, renowned for sugary-soft white sands and multi-hued sunsets. This light and bright residence is open and inviting overlooking marina and Bay views. The kitchen features a breakfast bar, eat-in area, stainless-steel appliances and granite countertops. The floorplan is ideal for entertaining or simply spending the day with loved ones. Retreat to the master suite, lovely and luxurious with built-in vanity and connecting master bath. Deeded 12,000 lb boat lift is available for separate purchase and it will hold a craft up to 32’ – ready for a fun-filled voyage through majestic waterways. An electric car will feel right at home under the building with a convenient electric charging station already installed at your spot. One pet is also welcome (under 35 lbs). Boca Siesta offers tennis, a community pool and clubhouse on the Intracoastal. The cultural treasures of downtown Sarasota are just over the bridge!

Last Agent to Sell the Property

Veronika Bajtala

WILLIAM RAVEIS REAL ESTATE License #3253165 Listed on: 10/23/2017

WILLIAM RAVEIS REAL ESTATE

Last Buyer's Agent

Veronika Bajtala

WILLIAM RAVEIS REAL ESTATE License #3253165 Listed on: 10/23/2017

WILLIAM RAVEIS REAL ESTATE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,407

Year Built

  • Built in 1984

Lot Details

  • 302 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • West Facing Home
  • Fenced
  • Mature Landscaping
  • Irrigation
  • Oak Trees

HOA Fees

  • $741 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Marina
  • Intracoastal
  • Partial Bay or Harbor
  • Woods
  • Garden
  • Park or Greenbelt

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 1,567 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Storage Room

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • Garage
  • Open Parking

Outdoor Features

  • Heated In Ground Pool
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Deeded access to the beach
  • Access to Bay or Harbor
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Dock has access to water
  • Seawall
  • No Wake Zone
  • Boat Lift
  • Boat Slip Deeded
  • Dock Has No Access To Electricity
  • Dock made with wood
  • Exterior Lighting
  • Shed
  • 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
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, manager, pest control, private road, recreational facilities, sewer, trash, water
  • 46 Units
  • Mid-Rise Condominium
  • Boca Siesta Community
  • Boca Siesta Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 6-Story Property

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Boat Slip
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Fishing
  • Park

Pet Policy

  • Pets up to 35 lbs
  • 1 Pet Allowed

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,407

Year Built

Built in 1984

Lot Details

0

HOA Fees

$741 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1567
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 1567
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4199516&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4199516&cview=true&show_results=true&customer_portal=true
  • Floor Number: 4
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Mid Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 1.01852
  • Price per Sq Ft: 350.99
  • Close to Original List Price Ratio: 0.9322
  • Ratio: Current Price\Building Area Total: 350.99
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 6
  • Room Count: 5
  • Additional Rooms: Great Room, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Other Structures: Shed(s), Storage, Tennis Court(s)
  • Pool Features: Heated, In Ground
  • Exterior Features: Fenced, Irrigation System, Lighting, Outdoor Grill, Storage, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Garden, Park, Trees/Woods, Water
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Gulf/Ocean - Partial, Intracoastal Waterway, Marina
  • Water Access: Bay/Harbor, Beach - Access Deeded, Canal - Saltwater, Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip Deeded On-Site, Dock - Wood, Dock w/Electric, Dock w/o Electric, Dock w/Water Supply, Fishing Pier, Lift, No Wake Zone, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0143F
  • Waterfront Frontage: 302
  • Water Frontage Feet Bay Harbor: 302
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Parking Features: Assigned, Covered, In Garage, Open, Underground
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, 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: Buyer Approval Required, Deed Restrictions, Fishing, Fitness, Park, Pool, Tennis Courts, Water Access
  • Association Amenities: Boat Slip, Boat Dock, Fitness Center, Maintenance, Park, Security, Storage, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 2222
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 741
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 8888
  • Total Monthly Fees: 740.67

Schools

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

Lot Info

  • Parcel Number: 0105134527
  • Additional Parcels: No
  • Lot Features: FloodZone, Near Public Transit, Sidewalk
  • Millage Rate: 12.94
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 35
  • Minimum Lease: 3 Months
  • Approval Process: Application with Association Approval
  • Num Timesper Year: 4
  • Pet Restrictions: 1 small pet 35 lbs.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please see Association Documents for Restrictions/Guidelines

Multi Family

  • Number Of Units Total: 46
  • Waterfront Features: Bay/Harbor

Tax Info

  • Tax Annual Amount: 5407
  • Tax Book Number: 1691-1136
  • Tax Lot: 403

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2017
Closed on
Jun 14, 2018
Sold by
Garrett Richard H
Bought by
Dearden Harvey Roy Douglas and Dearden Harvey Leigh
Seller's Agent
Veronika Bajtala
WILLIAM RAVEIS REAL ESTATE
Buyer's Agent
Veronika Bajtala
WILLIAM RAVEIS REAL ESTATE
List Price
$590,000
Sold Price
$550,000
Premium/Discount to List
-$40,000
-6.78%
Current Estimated Value
$883,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,655
Avg. Annual Appreciation
6.64%

Purchase Details

Listed on
Oct 23, 2017
Closed on
Apr 27, 2018
Sold by
Garrett Patrick C and Garrett Richard H
Bought by
Garrett Richard H
Seller's Agent
Veronika Bajtala
WILLIAM RAVEIS REAL ESTATE
Buyer's Agent
Veronika Bajtala
WILLIAM RAVEIS REAL ESTATE
List Price
$590,000
Sold Price
$550,000
Premium/Discount to List
-$40,000
-6.78%

Purchase Details

Closed on
Feb 12, 2007
Sold by
Scholz Frank R
Bought by
Garrett Richard and Garrett Patti

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
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2005
Sold by
Seropian Kenneth and Seropian Lois
Bought by
Scholz Frank R
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Dearden Harvey Roy Douglas $550,000 Attorney
Garrett Richard H -- Attorney
Garrett Richard $617,500 None Available
Scholz Frank R $575,000 Riddelltitle & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garrett Richard $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2018 06/15/18 Sold $550,000 +1.9% $351 / Sq Ft
05/31/2018 05/31/18 Pending -- -- --
05/24/2018 05/24/18 Price Changed $540,000 +1.9% $345 / Sq Ft
03/11/2018 03/11/18 Price Changed $530,000 -7.8% $338 / Sq Ft
02/02/2018 02/02/18 Price Changed $575,000 -2.5% $367 / Sq Ft
10/23/2017 10/23/17 For Sale $590,000 -- $377 / 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 $8,097 $627,567 -- --
2023 $8,097 $726,100 $0 $726,100
2022 $7,614 $689,300 $0 $689,300
2021 $6,191 $471,500 $0 $471,500
2020 $5,977 $445,100 $0 $445,100
2019 $5,828 $437,200 $0 $437,200
2018 $5,687 $426,700 $0 $426,700
2017 $5,408 $390,183 $0 $0
2016 $5,093 $372,000 $0 $372,000
2015 $5,005 $366,800 $0 $366,800
2014 $4,293 $266,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4199516

Stellar MLS

APN: 0105-13-4527