$766,751
RENTED JUL 22, 2025

5963 Midnight Pass Rd Unit 332 Sarasota, FL 34242

2 Beds
2 Baths
1,270 Sq Ft
$604 Price per Sq Ft

Last Sold August 20, 2021

Last sale price $700,000 $551 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,957/month

About This Home

As of August 2021

SHORT TERM RENTAL This 2 bedroom condo offers bay views, is an end unit, has a light and bright interior and is just steps from the Bayfront
pool! There is a sleeper sofa in the living room to accommodate 2 as well. This condo has been beautifully updated and is one of the larger Palm
Bay condos boasting 1270 square feet! Spacious open kitchen with driftwood cabinets, stunning quartz countertops and stainless steel
appliances. Clean and modern wood-look plank ceramic tile flooring was installed throughout. Sit on your balcony with your wine and enjoy bay
views and the serenely landscaped courtyard below. This is an amazing turnkey unit! Palm Bay Club is a recognized name for the best place on
Siesta key to stay, 3-day weekends or extended stays are welcome. This Gulf to Bay unit offers #1 beach in the US, 2 pools, tennis/pickleball,
fitness center, boat docks and fishing pier. Catch the trolley to Siesta Key Village or Turtle Beach, it's free! Amenities include: 2 heated pools hot
tub lighted tennis courts fitness center BBQ grills fishing pier private beach 24 hour security laundry facilities on each floor boat docks available
for rental through the Palm Bay Club free shuttles to Siesta Village take the hassle out of driving and parking. No smoking permitted in the unit
No pets permitted. Service animals require prior approval from the Palm Bay Club. Pets are not permitted. Condos are only allowed one parking
space. Parking passes must be picked up at the front office upon arrival. The Palm Bay Club does not issue visitor parking passes during Spring
Break and Holiday weeks. Living Room TV- Direct TV. Bedrooms- guests must bring their own Roku/Firestick-type devide for streaming.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
Aug 20, 2021
Sold by
Midnight Pass Ltd
Bought by
Huang Jenny and The Jenny Hung Trust
Seller's Agent
Ethel Lovelace
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Robert Bevington
SHOWTIME REALTY
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%
Current Estimated Value
$766,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,751
Avg. Annual Appreciation
2.33%

Purchase Details

Closed on
Mar 19, 2019
Sold by
Schulke Terrence S and Schulke Karen
Bought by
Midnight Pass Ltd

Purchase Details

Closed on
Aug 19, 2005
Sold by
Mccollom Ed and Mccollom Deanne
Bought by
Schulke Terrence S and Schulke Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2004
Sold by
Liechty Reuben and Liechty Clarice M
Bought by
Mccollom Ed and Mccollom Deanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 2002
Sold by
Sarbanides John and Sarbanides Theona
Bought by
Liechty Reuben and Liechty Clarice M

Purchase Details

Closed on
Mar 21, 1996
Sold by
Wadle Rudi O and Wadle Dolores M
Bought by
Sarbanides John and Sarbanides Theona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.97%
Mortgage Type
Commercial
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
Huang Jenny $700,000 Attorney
Midnight Pass Ltd -- Attorney
Schulke Terrence S $800,000 Azure Title Services
Mccollom Ed $520,000 --
Liechty Reuben $389,000 --
Sarbanides John $154,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schulke Terrence S $640,000
Previous Owner Mccollom Ed $416,000
Previous Owner Sarbanides John $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Rented $10,500 0.0% --
07/22/2024 07/22/24 For Rent $10,500 +5.0% --
07/18/2024 07/18/24 Rented $10,000 0.0% --
12/06/2022 12/06/22 For Rent $10,000 0.0% --
08/20/2021 08/20/21 Sold $700,000 -6.7% $551 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $750,000 -- $591 / 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 $8,674 $723,459 -- --
2023 $8,674 $736,400 $0 $736,400
2022 $7,534 $597,900 $0 $597,900
2021 $6,698 $518,700 $0 $518,700
2020 $6,124 $454,000 $0 $454,000
2019 $6,141 $463,000 $0 $463,000
2018 $5,562 $414,000 $0 $414,000
2017 $5,387 $393,000 $0 $393,000
2016 $5,153 $371,000 $0 $371,000
2015 $4,964 $361,000 $0 $361,000
2014 $4,947 $338,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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