NOT LISTED FOR SALE

5916 Midnight Pass Rd Unit 103 Sarasota, FL 34242

Estimated Value: $1,153,000 - $1,188,000

2 Beds
2 Baths
1,240 Sq Ft
$635/mo HOA Fee

Last Sold February 15, 2013

Last sale price $440,000 $355 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $7,780/month

28 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Heated Pool
  • Mature Landscaping
  • Phillippi Shores Elementary School Rated A
  • Partial Gulf or Ocean Views
  • Ceramic Tile Flooring

About This Home

As of February 2013

Well maintained 2 bedroom 2 bath unit in the Surf and Racquets "W" Building. This ground floor unit is very close to the sand of the # 1 beach in the U.S. and it features a nice partial Gulf view. Surf and Racquet has a wonderful rental program but this unit has never been in the rental program. It is just a matter of signing up. Surf and Racquet offers 2 heated pools, 4 tennis courts including clay and hard courts, fitness center, business center, and Bar - B - Q area. The grounds have been recently upgraded and this HOA is very healthy and well run. This unit is a blank canvas and prime for remodeling and it is being sold unfurnished. Furniture is for staging only. Priced accordingly. Please give some time for P.R. of the Estate to respond to offers. This unit has a washer and dryer.

Last Agent to Sell the Property

Ryan Carson

RE/MAX ALLIANCE GROUP License #3240511 Listed on: 12/10/2012

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Ryan Carson

RE/MAX ALLIANCE GROUP License #3240511 Listed on: 12/10/2012

RE/MAX ALLIANCE GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,017

Year Built

  • Built in 1971

Lot Details

  • 300 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property fronts a private road
  • West Facing Home
  • Mature Landscaping

HOA Fees

  • $635 Monthly HOA Fees

Parking

  • 1 Carport Space

Property Views

  • Partial Bay or Harbor
  • Pool

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,240 Sq Ft Home
  • Window Treatments

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Water Access
  • Deeded access to the beach

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, insurance, internet, maintenance structure, ground maintenance, manager, pest control, recreational facilities, security, sewer, trash, water
  • Sarasota Surf And Racquet Club 941 349 2200 Association
  • Mid-Rise Condominium
  • Sarasota Surf & Racquet Community
  • Sarasota Surf And Racquet Subdivision
  • 5-Story Property

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,017

Year Built

Built in 1971

Lot Details

0

HOA Fees

$635 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1240
  • New Construction: No
  • Year Built: 1971
  • Building Area Total: 1342
  • Directions to Property: From Stickney Pt Rd head North on Midnight Pass. Property on beach side of the Rd. Go through guard gate and pick up key at on site office. This unit is in the " W" building.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3970053&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3970053&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: No
  • Subdivision Num: 7182
  • Property Description: Mid Rise
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.92632
  • Price per Sq Ft: 354.84
  • Close to Original List Price Ratio: 0.92632
  • Ratio: Current Price\Building Area Total: 327.87
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 5
  • Window Features: Window Treatments
  • Street Number Modifier: 5916
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated
  • Roof: Membrane
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Pool, Water
  • Waterfront: Yes
  • Water View: Gulf/Ocean - Partial
  • Water Access: Beach - Access Deeded
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 300

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee Frequency: Monthly
  • Association Name: Sarasota Surf and Racquet Club 941-349-2200
  • Association: Yes
  • Condo Fees: 635
  • Condo Fees Term: Monthly
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 7620
  • Total Monthly Fees: 635

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105138039
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Millage Rate: 13.16
  • Future Land Use: 0404
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Minimum Lease: 1 Week
  • Num Timesper Year: 52
  • Expected Lease Date: 2013-02-15T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 3017
  • Tax Block: W
  • Tax Book Number: 0006/0005
  • Tax Lot: 103

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2012
Closed on
Feb 13, 2013
Sold by
Slattery Katherine Sherrill
Bought by
Sunnyjjt Llc
Seller's Agent
Ryan Carson
RE/MAX ALLIANCE GROUP
Buyer's Agent
Ryan Carson
RE/MAX ALLIANCE GROUP
List Price
$475,000
Sold Price
$440,000
Premium/Discount to List
-$35,000
-7.37%
Current Estimated Value
$1,173,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$733,088
Avg. Annual Appreciation
8.11%
Source: Public Records

Range of Values:

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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
Sunnyjjt Llc $440,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2013 02/15/13 Sold $440,000 -7.4% $355 / Sq Ft
01/08/2013 01/08/13 Pending -- -- --
12/10/2012 12/10/12 For Sale $475,000 -- $383 / 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 $10,735 $841,991 -- --
2023 $10,735 $995,400 $0 $995,400
2022 $9,408 $831,200 $0 $831,200
2021 $8,088 $632,600 $0 $632,600
2020 $7,905 $604,900 $0 $604,900
2019 $7,308 $559,700 $0 $559,700
2018 $7,719 $604,300 $0 $604,300
2017 $6,631 $496,900 $0 $496,900
2016 $6,905 $520,500 $0 $520,500
2015 $6,263 $445,900 $0 $445,900
2014 $6,047 $395,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3970053

Stellar MLS

APN: 0105-13-8039