NOT LISTED FOR SALE

5950 Midnight Pass Rd Unit 307 Sarasota, FL 34242

Estimated Value: $660,713 - $711,000

2 Beds
1.5 Baths
988 Sq Ft
$685/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $630,000 $638 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,728/month

46 Days on Market

Highlights

  • Water Access
  • Furnished
  • Community Pool
  • Phillippi Shores Elementary School Rated A
  • Stone Countertops
  • Walk-In Closet

About This Home

As of February 2022

The previous buyer couldn't meet the contract deadline, so here is your chance. One of the best investment properties on Siesta Key! 3-day minimum rental will get you the best return possible, or use it for yourself to enjoy what Florida and Siesta Key have to offer. This unit is steps away from the world-famous Siesta Key Beach with its own deeded private beach. Upon arrival to your condo, you will be welcomed by the relaxing patio with umbrellas and chairs for your morning coffee or afternoon tea. This spacious 2 bedroom 1 1/2 townhouse has 2 bedrooms upstairs and a large living room with a sleeper sofa. The updated kitchen has a beautiful granite countertop and stainless steel appliances. Walking outside, the private gated beach access is only about 100 ft away. This unit is being sold turnkey furnished. Siesta Beach House has chairs on the beach for its owners and guests to enjoy. This unit has over $50k rental income in 2021 through Airbnb alone and bookings into Oct 2022, make your best investment today!

Last Agent to Sell the Property

Miao Whiteside

BERKSHIRE HATHAWAY HOMESERVICE License #3303419 Listed on: 11/12/2021

BERKSHIRE HATHAWAY HOMESERVICE

Last Buyer's Agent

Mark Labbato

FINE PROPERTIES License #3443939

FINE PROPERTIES

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,860

Year Built

  • Built in 1957

Lot Details

  • South Facing Home

HOA Fees

  • $546 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 988 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Living Room

Kitchen

  • Range
  • Microwave
  • Stone Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet

Parking

  • Common or Shared Parking
  • Assigned Parking

Outdoor Features

  • Water Access
  • Patio
  • Exterior Lighting

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, maintenance structure, management
  • Kelley Lyons Association, Phone Number (727) 346-1938
  • Siesta Beach House Community
  • Siesta Beach House Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,860

Year Built

Built in 1957

Lot Details

0

HOA Fees

$546 per month

Listing Details

  • HOA Fee Includes: Pool, Maintenance Structure, Management, Pool
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Townhouse
  • Construction Materials: Block, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 988
  • New Construction: No
  • Year Built: 1957
  • Directions to Property: From the South Siesta Key bridge, go north on Midnight Pass Road. Siesta Beach House will be on your left. Unit 307 is in the last building on the right.
  • Status: Sold
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 167029280
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 637.65
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Upstairs, Solid Surface Counters, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Stories: 2
  • Window Features: Blinds
  • Street Number Modifier: 5950
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 91.79
  • Room Count: 4

Exterior Features

  • Direction Faces: South
  • Exterior Features: Lighting
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Patio
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0143F

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Common

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Connected, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Pool, Water Access
  • Association Amenities: Laundry, Pool
  • Association Fee: 1639
  • Association Fee Frequency: Quarterly
  • Association Name: Kelley Lyons
  • Phone: (727)346-1938
  • Association: Yes
  • Senior Community: No
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Building Name Number: 3
  • Association Email: KLyons@associagulfcoast.com

Fee Information

  • Total Annual Fees: 6556.00
  • Total Monthly Fees: 546.33
  • Monthly HOA Amount: 546.33

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105139027
  • Additional Parcels: No
  • Flood Zone Code: VE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please read the HOA rules and regulations. There is a $50 fee that pays to the HOA per rental period.
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 3860
  • Tax Book Number: 12-12
  • Tax Lot: 307

Multi Family

  • Approval Process: Application is attached

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Feb 4, 2022
Sold by
Corso Joseph R and Corso Dawn
Bought by
Carpenter Jessica Kay and Tyler David William
Seller's Agent
Miao Whiteside
BERKSHIRE HATHAWAY HOMESERVICE
Buyer's Agent
Mark Labbato
FINE PROPERTIES
List Price
$599,990
Sold Price
$630,000
Premium/Discount to List
$30,010
5%
Current Estimated Value
$677,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,178
Avg. Annual Appreciation
2.75%
Original Mortgage
$504,000
Outstanding Balance
$471,920
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$222,813

Purchase Details

Listed on
Oct 21, 2017
Closed on
Mar 29, 2018
Sold by
Ceo Frank
Bought by
Carso Dawn and Carso Joseph R
Seller's Agent
Kim Gilliland
COLDWELL BANKER REALTY
Buyer's Agent
Miao Whiteside
BERKSHIRE HATHAWAY HOMESERVICE
List Price
$389,000
Sold Price
$375,000
Premium/Discount to List
-$14,000
-3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.43%
Original Mortgage
$262,500
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2004
Sold by
Budde Bradley C
Bought by
Ceo Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 1998
Sold by
Bank Jr Kenneth R
Bought by
Budde Bradley C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.95%
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
Carpenter Jessica Kay $630,000 None Listed On Document
Carso Dawn $375,000 Attorney
Ceo Frank $480,000 Platinum Title Agency Llc
Budde Bradley C $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carpenter Jessica Kay $504,000
Previous Owner Carso Dawn $262,500
Previous Owner Ceo Frank $184,000
Previous Owner Ceo Frank $200,000
Previous Owner Budde Bradley C $50,000
Previous Owner Budde Bradley C $10,275
Previous Owner Budde Bradley C $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $630,000 0.0% $638 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/17/2021 12/17/21 Price Changed $630,000 +5.0% $638 / Sq Ft
12/17/2021 12/17/21 For Sale $599,990 0.0% $607 / Sq Ft
11/18/2021 11/18/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $599,990 +60.0% $607 / Sq Ft
03/30/2018 03/30/18 Sold $375,000 -6.0% $380 / Sq Ft
02/07/2018 02/07/18 Pending -- -- --
12/10/2017 12/10/17 Price Changed $399,000 +2.6% $404 / Sq Ft
12/04/2017 12/04/17 For Sale $389,000 0.0% $394 / Sq Ft
11/14/2017 11/14/17 Pending -- -- --
10/21/2017 10/21/17 For Sale $389,000 -- $394 / 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 $6,884 $579,800 -- $579,800
2023 $6,884 $556,800 $0 $556,800
2022 $5,185 $468,300 $0 $468,300
2021 $4,157 $308,700 $0 $308,700
2020 $3,860 $277,800 $0 $277,800
2019 $4,111 $301,400 $0 $301,400
2018 $3,537 $256,400 $0 $256,400
2017 $3,581 $255,400 $0 $255,400
2016 $3,607 $251,600 $0 $251,600
2015 $3,393 $228,800 $0 $228,800
2014 $3,270 $228,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Miao Whiteside

    Seller's Agent in 2022

    Miao Whiteside

    BERKSHIRE HATHAWAY HOMESERVICE

    (941) 263-9898

    9 in this area

    28 Total Sales

    Miao Whiteside
    Section Image
  • Mark Labbato

    Buyer's Agent in 2022

    Mark Labbato

    FINE PROPERTIES

    (941) 349-3444

    6 in this area

    21 Total Sales

    Mark Labbato
    Section Image
  • Kim Gilliland

    Seller's Agent in 2018

    Kim Gilliland

    COLDWELL BANKER REALTY

    (941) 809-5151

    1 in this area

    19 Total Sales

    Kim Gilliland
    Section Image

  • P

    Seller Co-Listing Agent in 2018

    Patty Gilliland

See All Agents

Map

Source: Stellar MLS

MLS Number: A4517082

Stellar MLS

APN: 0105-13-9027

Florida Sarasota County Sarasota 34242

5950 Midnight Pass Rd Unit 307, Sarasota, FL

This home is located at 5950 Midnight Pass Rd Unit 307, Sarasota, FL 34242 since 12 November 2021 and is currently estimated at $677,178, approximately $685 per square foot. This property was built in 1957. 5950 Midnight Pass Rd Unit 307 is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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