NOT LISTED FOR SALE

5963 Midnight Pass Rd Unit 328 Sarasota, FL 34242

Estimated Value: $653,244

2 Beds
2 Baths
1,000 Sq Ft
$910/mo HOA Fee

Last Sold December 07, 2023

Last sale price $750,000 $750 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $4,842/month

18 Days on Market

Highlights

  • 600 Feet of Public Beach Waterfront
  • Water access To Gulf or Ocean
  • Intracoastal View
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • Heated In Ground Pool

About This Home

As of December 2023

1st time on the market in Palm Bay Club! Don't miss out on this opportunity for an updated turn-key bayside residence in one of Siesta Key's most sought-after resorts. The Palm Bay Club is a beach to bay resort condominium community with an abundance of fine amenities sure to please you and your guests. This ground floor residence provides easy access to the day docks, fishing pier, heated pool and large custom hot tub overlooking Sarasota Bay. With deeded beach access included, the beach side amenities will provide many memorable moments with picture perfect sunsets on the private beach, a heated swimming pool, fitness center, pickleball and lighted tennis courts. This 2 Bedroom 2 Bath includes a patio overlooking the tropical courtyard with partial view of the bay & intracoastal. Recent improvements include an updated kitchen with quartz counters, updated baths, updated flooring, ceilings retextured with knockdown finish, new air conditioner, condenser and air handler in 2023; new electrical panel in 2023; new water heater in 2019; and updated hurricane rated sliding glass doors in 2016. Turn-Key with tastefully appointed furnishings exuding a coastal ambiance. Palm Bay Club is one of the few resorts on Siesta Key that allows 3-day rentals. Central Siesta Key location within minutes of shopping and dining from both the Siesta Key Village (North) and the South Village. 1 Year American Home Shield Essentials Warranty is included!

Last Agent to Sell the Property

Mary Beth Hudson

COLDWELL BANKER REALTY Brokerage Phone: 941-349-4411 License #666377 Listed on: 10/16/2023

COLDWELL BANKER REALTY

Co-Listed By

Greg Hudson

COLDWELL BANKER REALTY Brokerage Phone: 941-349-4411 License #3044373

Last Buyer's Agent

Rudy Dudon

MICHAEL SAUNDERS & COMPANY License #3099658

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,277

Year Built

  • Built in 1974

Lot Details

  • 600 Feet of Public Beach Waterfront
  • Property fronts gulf or ocean
  • Property fronts an intracoastal waterway
  • South Facing Home
  • Garden

HOA Fees

  • $910 Monthly HOA Fees

Property Views

  • Intracoastal
  • Full Bay or Harbor
  • Garden

Home Design

  • Condo Hotel
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Security Gate

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry Located Outside

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Deeded access to the beach
  • First Come-First Served Dock
  • Seawall
  • Courtyard
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 328
  • Assessor Parcel Number 0105136128

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, ground maintenance, management, pest control, recreational facilities, sewer, trash, water
  • Mid-Rise Condominium
  • Palm Bay Club Community
  • Palm Bay Club II Subdivision
  • Association Owns Recreation Facilities

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Fishing

Pet Policy

  • No Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,277

Year Built

Built in 1974

Lot Details

0

HOA Fees

$910 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condo - Hotel
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1000
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1100
  • Directions to Property: On Midnight Pass Rd (located North of Stickney Point Rd and South of Siesta Public Beach). From Midnight Pass Rd go East into Palm Bay Club's Bayside. Gate Code is required for entry.
  • Status: Sold
  • Co List Office Mls Id: MFR281502380
  • Co List Office Phone: 941-366-8070
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 750.00
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Mid Rise
  • Water Frontage Feet Beach: 600
  • Attribution Contact: 941-349-4411
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Street Number Modifier: 5963
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 92.90
  • Room Count: 5

Exterior Features

  • Direction Faces: South
  • Pool Features: Heated, In Ground
  • Exterior Features: Courtyard, Garden, Irrigation System, Lighting, Outdoor Grill, Sliding Doors, Tennis Court(s)
  • Roof: Built-Up
  • Pool Private: No
  • View: Garden, Water
  • Water Body Name: GULF OF MEXICO & INTRACOASTAL
  • Waterfront: Yes
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure
  • Water Access: Beach,Beach - Access Deeded,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Dock - Slip 1st Come,Fishing Pier,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Partial,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 600

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Room, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Fishing, Fitness Center, Gated Community - No Guard, Irrigation-Reclaimed Water, Pool, Tennis Courts, Water Access, Waterfront
  • Association: Yes
  • Security: Gated Community, Security Gate
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Condo Fees: 2730
  • Monthly Condo Fee Amount: 910

Fee Information

  • Total Annual Fees: 10920.00
  • Total Monthly Fees: 910.00

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105136128
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: 3 Nights Minimum. Boat slips assigned by onsite office.

Tax Info

  • Tax Annual Amount: 5276.52
  • Tax Book Number: 8-11
  • Tax Lot: 328

Multi Family

  • Waterfront Features: Gulf/Ocean, Intracoastal Waterway
  • Approval Process: Application and Fee.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Dec 7, 2023
Sold by
Barbara A Reikowsky Revocable Trust
Bought by
Scoter Llc
Seller's Agent
Mary Beth Hudson
COLDWELL BANKER REALTY
Buyer's Agent
Rudy Dudon
MICHAEL SAUNDERS & COMPANY
List Price
$799,000
Sold Price
$750,000
Premium/Discount to List
-$49,000
-6.13%
Views
86
Current Estimated Value
$653,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$96,756
Avg. Annual Appreciation
-7.23%

Purchase Details

Closed on
Aug 20, 2020
Sold by
Reikowsky Fred M
Bought by
Reikowsky Fred M and Reikowsky Barbara A

Purchase Details

Closed on
Oct 5, 2015
Sold by
Reikowsky Joanne C
Bought by
Reikowsky Fred M
Source: Public Records

Range of Values:

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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
Scoter Llc $750,000 None Listed On Document
Reikowsky Fred M -- Attorney
Reikowsky Fred M -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2023 12/07/23 Sold $750,000 -6.1% $750 / Sq Ft
11/04/2023 11/04/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $799,000 -- $799 / 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 $6,068 $522,600 -- $522,600
2023 $6,068 $514,700 $0 $514,700
2022 $5,277 $417,900 $0 $417,900
2021 $4,889 $366,100 $0 $366,100
2020 $4,687 $343,000 $0 $343,000
2019 $4,696 $350,000 $0 $350,000
2018 $4,253 $313,000 $0 $313,000
2017 $4,119 $297,000 $0 $297,000
2016 $3,948 $281,000 $0 $281,000
2015 $3,794 $273,000 $0 $273,000
2014 $3,785 $255,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Mary Beth Hudson

    COLDWELL BANKER REALTY

    (941) 302-2489

    5 in this area

    21 Total Sales

    Mary Beth Hudson
    Section Image
  • Greg Hudson

    Seller Co-Listing Agent in 2023

    Greg Hudson

    COLDWELL BANKER REALTY

    (941) 302-1485

    5 in this area

    35 Total Sales

    Greg Hudson
    Section Image
  • Rudy Dudon

    Buyer's Agent in 2023

    Rudy Dudon

    Michael Saunders

    (941) 234-3991

    138 in this area

    208 Total Sales

    Rudy Dudon
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4585567

Stellar MLS

APN: 0105-13-6128

Florida Sarasota County Sarasota 34242

5963 Midnight Pass Rd Unit 328, Sarasota, FL

This home is located at 5963 Midnight Pass Rd Unit 328, Sarasota, FL 34242 since 16 October 2023 and is currently estimated at $653,244, approximately $653 per square foot. This property was built in 1974. 5963 Midnight Pass Rd Unit 328 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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