NOT LISTED FOR SALE

5963 Midnight Pass Rd Unit 338 Sarasota, FL 34242

2 Beds
2 Baths
1,000 Sq Ft
$676/mo HOA Fee

Last Sold December 10, 2018

Last sale price $457,000 $457 Per Sq Ft

110 Days on Market

Highlights

  • Boat Dock
  • Water access To Gulf or Ocean To Bay
  • Open Floorplan
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • Garden View

About This Home

As of December 2018

Palm Bay Club is a popular Gulf to Bay community located in the heart of Siesta Key. This 3rd floor unit overlooks a beautiful landscaped courtyard and has been completely renovated with tile flooring throughout, upgraded wood cabinets, granite tops, appliances, and new A/C 6/18. It is turn key and tastefully furnished, suitable for a personal residence or an investment property. Rental minimum is 3 nights stay and the available on-site rental management can provide immediate income. The community amenities include deeded beach access, 2 swimming pools, tennis courts, fitness room, boat docks, and fishing pier.

Last Agent to Sell the Property

Nancy Perley

HORIZON REALTY INTERNATIONAL License #3282676 Listed on: 07/07/2018

HORIZON REALTY INTERNATIONAL

Last Buyer's Agent

Traute Winsor

COMPASS FLORIDA LLC License #0621713

COMPASS FLORIDA LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,119

Year Built

  • Built in 1974

Lot Details

  • South Facing Home

HOA Fees

  • $676 Monthly HOA Fees

Home Design

  • Stem Wall Foundation
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Tile Flooring
  • Garden Views

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • Deeded access to the beach
  • Open Dock
  • Balcony

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, sewer, water
  • Palm Bay Club Community
  • Palm Bay Club Ii Subdivision
  • Rental Restrictions

Amenities

  • Elevator

Recreation

  • Boat Dock
  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,119

Year Built

Built in 1974

Lot Details

0

HOA Fees

$676 per month

Listing Details

  • HOA Fee Includes: Cable TV, Sewer, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1000
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1100
  • Directions to Property: West on Stickney Point Road, right on Midnight Pass Road, to 5963 on right.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4407824&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4407824&cview=true&show_results=true&customer_portal=true
  • Floor Number: 3
  • Homestead Y N: No
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.95407
  • Price per Sq Ft: 457
  • Close to Original List Price Ratio: 0.95407
  • Ratio: Current Price\Building Area Total: 415.45
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator
  • Foundation Details: Stem Wall
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 5963
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Exterior Features: Balcony
  • Roof: Built-Up
  • Pool Private: No
  • View: Garden
  • Waterfront: No
  • Water Access: Beach - Access Deeded, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Dock - Open
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0143F
  • Disclosures: Condominium Disclosure Available, Other, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fitness, Pool, Tennis Courts, Water Access
  • Association Amenities: Boat Dock
  • Association Fee: 2028.14
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Senior Community: No
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 8112.56
  • Monthly HOA Fee: 676.05
  • Total Monthly Fees: 676.05

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105136138
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1-7 Days
  • Approval Process: Contact Palm Bay management with application, application fee, and for interview.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: 3 day minimum.

Tax Info

  • Tax Annual Amount: 4119
  • Tax Book Number: 8-11
  • Tax Lot: 338

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2018
Closed on
Dec 10, 2018
Sold by
Sea Winds 205 Llc
Bought by
Turtle Enterprises Llc
Seller's Agent
Nancy Perley
HORIZON REALTY INTERNATIONAL
Buyer's Agent
Traute Winsor
COMPASS FLORIDA LLC
List Price
$479,000
Sold Price
$457,000
Premium/Discount to List
-$22,000
-4.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,800
Outstanding Balance
$496,499
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 2008
Sold by
Us Mortgage Finance Ii Llc
Bought by
Sea Winds 205 Llc

Purchase Details

Closed on
Jan 23, 2008
Sold by
Skulitz Paul L and Palm Bay Assn Inc
Bought by
Us Mortgage Finance Ii Llc

Purchase Details

Closed on
Aug 26, 2005
Sold by
Boerner Annemarie
Bought by
Skulitz Paul L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2004
Sold by
Murray Helen W and Saint Onge Diane
Bought by
Boerner Annemarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 19, 2002
Sold by
Murray Helen and Murray Virgil
Bought by
Murray Helen W and St Onge Diane
Source: Public Records

Range of Values:

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Average Value
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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
Turtle Enterprises Llc $457,000 Attorney
Sea Winds 205 Llc $380,000 Attorney
Us Mortgage Finance Ii Llc -- None Available
Skulitz Paul L $600,000 --
Boerner Annemarie $450,000 --
Murray Helen W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turtle Enterprises Llc $639,800
Previous Owner Skulitz Paul L $450,000
Previous Owner Boerner Annemarie $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2018 12/10/18 Sold $457,000 -4.6% $457 / Sq Ft
10/25/2018 10/25/18 Pending -- -- --
07/07/2018 07/07/18 For Sale $479,000 -- $479 / 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 $6,236 $501,920 -- --
2023 $6,236 $530,100 $0 $530,100
2022 $5,421 $430,400 $0 $430,400
2021 $5,023 $377,100 $0 $377,100
2020 $4,687 $343,000 $0 $343,000
2019 $4,728 $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

  • N

    Seller's Agent in 2018

    Nancy Perley

    HORIZON REALTY INTERNATIONAL

    (941) 238-0953

    4 Total Sales

    Nancy Perley
    Section Image
  • Traute Winsor

    Buyer's Agent in 2018

    Traute Winsor

    COMPASS FLORIDA LLC

    (941) 504-1949

    2 in this area

    19 Total Sales

    Traute Winsor
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4407824

Stellar MLS

APN: 0105-13-6138

Florida Sarasota County Sarasota 34242

5963 Midnight Pass Rd Unit 338, Sarasota, FL

This home is located at 5963 Midnight Pass Rd Unit 338, Sarasota, FL 34242 since 07 July 2018. This property was built in 1974. 5963 Midnight Pass Rd Unit 338 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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