NOT LISTED FOR SALE

5911 Midnight Pass Rd Unit 604 Sarasota, FL 34242

Estimated Value: $746,000 - $963,000

2 Beds
2 Baths
1,447 Sq Ft
$603/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $1,025,000 $708 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $6,965/month

About This Home

Boater paradise. A well appointed 2 bedroom 2 bathroom condo with a a deeded boat dock awaits its new owners. A rarely available opportunity. This is the top floor of the building on the 6 th floor with Gulf of Mexico and bay views and deeded beach access. As you come out of the elevator, you’re instantly captivated by the gulf views. Just outside your patio door, you are greeted to long range bay views overlooking the marina. This is waterfront living at its best. Beautifully renovated condo with neutral color palette. A large kitchen with wood cabinets and quartz counter top. Open dining and living room combo that overlooks the bay. Guest bedroom has a partial gulf view. The renovated bathroom has a travertine shower, wood cabinets and granite counters tops. There is a pocket door in the hallway to create a second master suite feel. The Master bedroom overlooks the bay with an extended patio. The large bathroom has a double sink vanity, wood cabinetry and granite tops. There is also a walk in shower finished in a French pattern travertine . Large walk in closet and an additional owners closet/ storage with a security safe. Full size washer and dryer laundry inside the unit. Open kitchen concept with bay and gulf views. Small desk area in the kitchen or a breakfast knook can also occupy this space with gulf views. Great size living room overlooking the bay. Extended lanai with screens and windows for cooler days. Step onto the patio and overlook the marina , club house, fire pit area, pickle ball courts, your boat, and the beautifully manicured grounds with amazing bay views. The unit is move in ready. It is offered fully furnished with tasteful high end furnishings and decor with a few items to be excluded. Brand new refrigerator and hot water heater. The boat dock has a newer 10,000 lb boat lift and dock which is included in purchase. The boat slip can accommodate a 24 ft boat. As the owner, you are afforded the opportunity to either sell or lease the dock if you don’t own a boat. Endless possibilities to generate extra income. The unit is centrally located on the key and the building offers many activities for a active lifestyle. This building is also pet friendly. You also have a dedicated under garage parking space and a good size storage locker located by the building entrance a marina walkway.
A must see at this price.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2024
Closed on
Mar 15, 2024
Sold by
Whitenack Martha
Bought by
Bade Joint Trust and Bade
Seller's Agent
Shirley LaGrange
COLDWELL BANKER REALTY
Buyer's Agent
Shirley LaGrange
COLDWELL BANKER REALTY
List Price
$1,095,000
Sold Price
$1,025,000
Premium/Discount to List
-$70,000
-6.39%
Views
30
Current Estimated Value
$873,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$151,969
Avg. Annual Appreciation
-9.43%

Purchase Details

Closed on
Aug 1, 2017
Sold by
Kerr Ian and Kerr Sylvia
Bought by
Whitenack Gerald and Whitenack Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,750
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2010
Sold by
Miranda Peter and Miranda June
Bought by
Kerr Ian and Kerr Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
4.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2004
Sold by
Pflaum Fred and Pflaum Marjorie
Bought by
Miranda Peter and Miranda June C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 28, 2003
Sold by
Pflaum Freda
Bought by
Pflaum Fred
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bade Joint Trust $950,000 None Listed On Document
Whitenack Gerald $565,000 Attorney
Kerr Ian $470,000 Attorney
Miranda Peter $475,000 Southwest Florida Title Svcs
Pflaum Fred -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whitenack Gerald $423,750
Previous Owner Kerr Ian $232,500
Previous Owner Miranda Peter $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2024 03/15/24 Sold $1,025,000 -6.4% $708 / Sq Ft View Prior Sale
02/17/2024 02/17/24 Pending -- -- --
02/04/2024 02/04/24 For Sale $1,095,000 -- $757 / Sq Ft

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 $8,100 $624,106 -- --
2023 $8,100 $727,900 $0 $727,900
2022 $7,595 $687,600 $0 $687,600
2021 $6,167 $468,900 $0 $468,900
2020 $6,032 $448,900 $0 $448,900
2019 $5,881 $440,900 $0 $440,900
2018 $6,715 $508,600 $0 $508,600
2017 $5,847 $424,735 $0 $0
2016 $5,520 $404,300 $0 $404,300
2015 $5,424 $398,700 $0 $398,700
2014 $4,653 $290,100 $0 $0
Source: Public Records

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