NOT LISTED FOR SALE

5963 Midnight Pass Rd Unit 339 Sarasota, FL 34242

Estimated Value: $663,474

2 Beds

2 Baths

1,000 Sq Ft

$910/mo HOA Fee

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

Est. 5% decrease in value since last sale

Current estimated payment $5,144/month

2 Days on Market

Highlights

600 Feet of Waterfront
Community Boat Slip
Fitness Center
Phillippi Shores Elementary School Rated A
Beach Access
Intracoastal View

About This Home

As of December 2022

Welcome home to bayside living at the Palm Bay Club, a highly sought-after Siesta Key community with some of the finest amenities and grounds on the key. This home is a desirable ground floor unit with updated hurricane rated entry and glass slider doors. Take in your morning coffee on your patio and drink in the Siesta saltwater breeze. Take a few steps and find the beautiful bayside, heated pool and custom hot tub overlooking the gorgeous intracoastal waterway, a playground for manatees, dolphins, and wildlife. Walk a bit further and watch the impressive boat traffic from the bayside fishing pier. Inside, admire the fashionable tile throughout, creating the foundation for comfortable, cozy furnishings accented with tropical, seaside touches. A spacious principal ensuite and roomy guest quarters, boasting twin beds and an additional 4-piece bath, provide plenty of room for family, friends or neighbors. Take an easy stroll and enjoy deeded beach access to the world-renowned white sands of Siesta Key’s Crescent Beach. The Palm Bay Club provides two heated swimming pools, a complimentary fitness center, lighted tennis/pickleball courts, barbecue grills, and boat docks available for daily rental. With one of Siesta Key’s best on-site rental offices and a 3-night minimum rental policy, this is the ideal opportunity for the owner or investor!

Last Agent to Sell the Property

Rudy Dudon

MICHAEL SAUNDERS & COMPANY License #3099658 Listed on: 11/18/2022

Last Buyer's Agent

Rudy Dudon

MICHAEL SAUNDERS & COMPANY License #3099658 Listed on: 11/18/2022

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,277

Year Built

Built in 1974

Lot Details

600 Feet of Waterfront
Property fronts gulf or ocean
Property fronts an intracoastal waterway
Street terminates at a dead end
South Facing Home
Street paved with bricks

HOA Fees

$910 Monthly HOA Fees

Parking

Open Parking

Property Views

Intracoastal
Full Bay or Harbor

Home Design

Slab Foundation
Built-Up Roof
Block Exterior

Interior Spaces

1,000 Sq Ft Home
3-Story Property
Ceiling Fan
Sliding Doors
Combination Dining and Living Room
Tile Flooring

Kitchen

Range
Microwave
Dishwasher
Disposal

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 Indoor Pool
Heated Spa
In Ground Spa
Gunite Pool
Outside Bathroom Access

Outdoor Features

Beach Access
Water access To Gulf or Ocean
Access To Intracoastal Waterway
Fishing Pier
Deeded access to the beach
First Come-First Served Dock
Seawall

Location

Flood Zone Lot
Property is near public transit

Schools

Phillippi Shores Elementary School
Brookside Middle School
Sarasota High School

Utilities

Central Heating and Cooling System
Electric Water Heater
Cable TV Available

Listing and Financial Details

Down Payment Assistance Available
Visit Down Payment Resource Website
Tax Lot 339
Assessor Parcel Number 0105136139

Community Details

Overview

Association fees include cable TV, community pool, escrow reserves fund, ground maintenance, manager, pest control, recreational facilities, sewer, trash, water
Palm Bay Club Association
Visit Association Website
Mid-Rise Condominium
Palm Bay Club Community
Palm Bay Club Ii Subdivision
On-Site Maintenance
Association Owns Recreation Facilities
Rental Restrictions

Amenities

Clubhouse
Laundry Facilities
Elevator

Recreation

Community Boat Slip
Tennis Courts
Pickleball Courts
Recreation Facilities
Fitness Center
Community Pool
Community Spa
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

HOA Fees

$910 per month

Listing Details

HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Maintenance Grounds, Manager, Pest Control, Recreational Facilities, Sewer, Trash, Water
Property Type: Residential
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: Stickney Point Rd to Midnight Pass Road, turn right and go north to Palm Bay Club. Condo is on intracoastal side of Midnight Pass.
Status: Sold
Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4552800?w=Agent&skip_sso=true
Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4552800?w=Customer
Floor Number: 1
Homestead Y N: No
Unit Number Y N: No
Property Description: Mid Rise
Call Center Phone Number: 941-308-7777
Ratio: Close Price\List Price: 0.97902
Price per Sq Ft: 700
Close to Original List Price Ratio: 0.97902
Ratio: Current Price\Building Area Total: 636.36
View: No
Ownership: Condominium
ResoBuildingAreaSource: PublicRecords
Tax Year: 2022
Special Features: VirtualTour

Interior Features

Living Area Units: Square Feet
Flooring: Tile
Full Bathrooms: 2
Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Walk-In Closet(s)
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: 3
Street Number Modifier: 5963
Room Count: 4
ResoLivingAreaSource: PublicRecords

Exterior Features

Direction Faces: South
Pool Features: Gunite, Heated, Indoor, Outside Bath Access
Exterior Features: Irrigation System, Sliding Doors, Tennis Court(s)
Roof: Built-Up
Pool Private: No
Road Frontage Type: Street Dead-End
Water Body Name: Gulf Of Mexico & Intracoastal
Waterfront: Yes
Road Surface Type: Street Brick, Paved
Water View: Bay/Harbor - Partial, Intracoastal Waterway
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 View Y N: Yes
Water Access Y N: Yes
Water Extras Y N: Yes
Flood Zone Panel: 12115C0143F
Waterfront Frontage: 600
Water Frontage Feet I C W: 300
Water Frontage Feet Gulf Ocean: 300
Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

Carport Y N: No
Garage Yn: No
Parking Features: Open
Open Parking: Yes

Utilities

Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Cooling: Central Air
Heating: Central
Laundry Features: Laundry Room, Outside
Sewer: Public Sewer
Water Source: Public
Cooling Y N: Yes
Heating Yn: Yes

Condo/Co-op/Association

Community Features: Association Recreation - Owned, Buyer Approval Required, Fishing, Fitness, Gated Community, Irrigation-Reclaimed Water, Pool, Tennis Courts, Water Access, Waterfront
Association Amenities: Boat Slip, Clubhouse, Elevator(s), Fitness Center, Laundry, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Spa/Hot Tub, Tennis Court(s)
Association Name: Palm Bay Club
Association: Yes
Senior Community: No
Condo Fees: 2730
Condo Fees Term: Quarterly
Association Website: palmbayclub.com
Association Email: service@palmbayclub.com
Condo Land Included Y N: No
Monthly Condo Fee Amount: 910
Association Fee Requirement: None
Association Approval Required YN: Yes

Fee Information

Total Annual Fees: 10920
Total Monthly Fees: 910

Schools

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

Lot Info

Zoning: RMF3
Parcel Number: 0105136139
Additional Parcels: No
Lot Features: FloodZone, In County, Near Public Transit
Flood Zone Code: AE
Flood Zone Date: 2016-11-14
ResoLotSizeUnits: SquareFeet

Rental Info

Pets Allowed: No
Minimum Lease: 1-7 Days
Approval Process: ask association
Lease Restrictions Y N: Yes
Additional Lease Restrictions: 3 night minimum, boat slips available and assigned by onsite office

Tax Info

Tax Annual Amount: 5276.52
Tax Book Number: 8-11
Tax Lot: 339

Multi Family

Waterfront Features: Gulf/Ocean, Intracoastal Waterway

Ownership History

Dec 2022 - Present Sailor Adam and Sailor Karen Lynn 2 Years and 6 Months

Private Individual

Purchase Details

Listed on

Nov 18, 2022

Closed on

Dec 5, 2022

Sold by

Maureen Shortoff Intervivos Trust

Bought by

Sailor Adam and Sailor Karen Lynn

Seller's Agent

Rudy Dudon

MICHAEL SAUNDERS & COMPANY

Buyer's Agent

Rudy Dudon

MICHAEL SAUNDERS & COMPANY

List Price

$715,000

Sold Price

$700,000

Premium/Discount to List

-$15,000

-2.1%

Views

Current Estimated Value

$663,474

Estimated Appreciation

-$36,526

Avg. Annual Appreciation

-2.09%

Aug 2012 - Dec 2022 Shortoff Maureen and Shortoff Edward Peter 10 Years and 4 Months

Private Individual

Purchase Details

Closed on

Aug 7, 2012

Sold by

Shortoff Maureen

Bought by

Shortoff Maureen and Shortoff Edward Peter

Source: Public Records

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Average Value

Not Available

List Price

Sold Price

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Purchase History

Date	Buyer	Sale Price	Title Company
	Sailor Adam	$700,000	--
	Shortoff Maureen	--	Attorney

Source: Public Records

Mortgage History

Date	Status	Borrower	Loan Amount
	Open	Sailor Adam	$300,000

Source: Public Records

Property History

Date	Event	Price	Change	Sq Ft Price
12/06/2022 12/06/22	Sold	$700,000	-2.1%	$700 / Sq Ft
11/21/2022 11/21/22	Pending	--	--	--
11/18/2022 11/18/22	For Sale	$715,000	--	$715 / Sq Ft

Source: Stellar MLS

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	$6,457	$522,600	--	$522,600
2023	$6,457	$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

Seller's Agent in 2022

Rudy Dudon

Michael Saunders

(941) 234-3991

140 in this area

217 Total Sales

Rudy Dudon

See All Agents

Map

Source: Stellar MLS

MLS Number: A4552800

APN: 0105-13-6139

Florida Sarasota County Sarasota 34242

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

Nearby Homes

5963 Midnight Pass Rd Unit 339 Sarasota, FL 34242

Last Sold December 06, 2022

Highlights

About This Home

Property Details

Community Details

Property Details

Ownership History

Purchase Details

Home Financials for this Owner

Purchase Details

Similar Homes in Sarasota, FL

Home Values in the Area

Average Home Value in this Area

Purchase History

Mortgage History

Property History

Tax History Compared to Growth

Tax History

Agents Affiliated with this Home

Map