NOT LISTED FOR SALE

5963 Midnight Pass Rd Unit 350 Sarasota, FL 34242

Estimated Value: $729,685

2 Beds
2 Baths
1,000 Sq Ft
$718/mo HOA Fee

Last Sold February 28, 2020

Last sale price $465,000 $465 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,206/month

16 Days on Market

Highlights

  • 500 Feet of Waterfront
  • Boat Dock
  • Private Beach
  • Phillippi Shores Elementary School Rated A
  • Access To Intracoastal Waterway
  • Fitness Center

About This Home

As of February 2020

Located in the heart of Siesta Key. This lovely 2 bedroom 2 bath unit in the very popular Palm Bay Club offers a place to enjoy the Island lifestyle. Clean and attractive with a balcony. Updated Kitchen, floors and bathrooms. Nothing left to do but move in. This fabulous waterfront complex offers a fishing pier, 2 heated pools, spa, grills, boat slips for an additional fee, private beach access, tennis courts and more. Rental Minimum is ONLY 3 nights stay. Don’t miss your opportunity.

Last Agent to Sell the Property

Brian Ward

WATERSIDE REALTY LLC License #3254025 Listed on: 12/20/2019

Co-Listed By

Tom Ward

WATERSIDE REALTY LLC License #0644199

Last Buyer's Agent

Sara Leicht

SARASELLSSARASOTA.COM License #3047662

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,696

Year Built

  • Built in 1974

Lot Details

  • 500 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Private Beach
  • South Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $718 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,000 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

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

Home Security

Parking

  • Open Parking
  • Assigned Parking

Pool

  • Heated Spa
  • Gunite Pool
  • Auto Pool Cleaner

Outdoor Features

  • Access To Intracoastal Waterway
  • Fishing Pier
  • Deeded access to the beach
  • No Fixed Bridges
  • First Come-First Served Dock
  • Seawall
  • Dock Does Not Have A Water Supply
  • Dock Has No Access To Electricity
  • Balcony
  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, manager, pest control, recreational facilities, sewer, trash, water
  • Onsite Office 941 349 1911 M Sunday 9 5Pm Association
  • Mid-Rise Condominium
  • Palm Bay Club Community
  • Palm Bay Club Ii Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Boat Dock
  • Community Boat Slip
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,696

Year Built

Built in 1974

Lot Details

0

HOA Fees

$718 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1000
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1100
  • Directions to Property: North on Midnight Pass Rd. from south bridge. Complex on right side (Bay). Go in entrace and wrap around to the other side. Take elevator to 3rd floor.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4454487?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4454487?w=Customer
  • Floor Number: 3
  • Homestead Y N: No
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Mid Rise
  • Call Center Phone Number: 941-346-7454
  • Ratio: Close Price\List Price: 0.97895
  • Price per Sq Ft: 465
  • Close to Original List Price Ratio: 0.97895
  • Ratio: Current Price\Building Area Total: 422.73
  • View: No
  • Co List Office Mls Id: 281505037
  • Co List Office Phone: 941-346-7454
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 3
  • Window Features: Blinds, Drapes, Window Treatments
  • Street Number Modifier: 5963
  • Room Count: 4
  • Additional Rooms: Great Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Other Structures: Storage, Tennis Court(s)
  • Pool Features: Auto Cleaner, Gunite, Heated
  • Exterior Features: Balcony, Lighting, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Tile
  • Pool Private: No
  • Water Body Name: Intracoastal Waterway
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Enclosed, Patio, Porch, Screened
  • Water Access: Beach - Access Deeded, Beach - Private, Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip 1st Come, Dock w/o Electric, Dock w/o Water Supply, Fishing Pier, Seawall - Concrete
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0143F
  • Waterfront Frontage: 500
  • Water Frontage Feet I C W: 500
  • Disclosures: Condominium Disclosure Available, Lead Paint

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Guest, None, Open
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Private Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Fitness, Pool, Tennis Courts, Water Access
  • Association Amenities: Boat Slip, Boat Dock, Elevator(s), Fitness Center, Laundry, Maintenance, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association Name: Onsite Office 941-349-1911 M -Sunday 9-5pm
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 2154
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 718
  • Amenities Additional Fees: Boat slip rentals are $25 per day assigned by the onsite office. No electric or water available.
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 8616
  • Total Monthly Fees: 718

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105136150
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1-7 Days
  • Num Timesper Year: 52
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Minimum of 3 nights stay.

Tax Info

  • Tax Annual Amount: 4696
  • Tax Book Number: 8-11
  • Tax Lot: 354

Multi Family

  • Waterfront Features: Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2019
Closed on
Apr 27, 2020
Sold by
Easley David and Easley Renae
Bought by
Palmsota Llc
Seller's Agent
Brian Ward
WATERSIDE REALTY LLC
Buyer's Agent
Sara Leicht
SARASELLSSARASOTA.COM
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%
Current Estimated Value
$729,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,685
Avg. Annual Appreciation
7.34%

Purchase Details

Listed on
Dec 20, 2019
Closed on
Feb 28, 2020
Sold by
Croix Oil Company
Bought by
Easley David and Easley Renae
Seller's Agent
Brian Ward
WATERSIDE REALTY LLC
Buyer's Agent
Sara Leicht
SARASELLSSARASOTA.COM
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%

Purchase Details

Listed on
Oct 6, 2017
Closed on
Dec 22, 2017
Sold by
Shapeform Ltd
Bought by
Croix Oil Company
Seller's Agent
Sara Leicht
SARASELLSSARASOTA.COM
Buyer's Agent
Tom Ward
WATERSIDE REALTY LLC
List Price
$459,000
Sold Price
$430,000
Premium/Discount to List
-$29,000
-6.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.65%

Purchase Details

Closed on
Nov 18, 2009
Sold by
Kross Frank J and Kross Sharon M
Bought by
Shapeform Ltd

Purchase Details

Closed on
May 14, 1998
Sold by
Dejanovich Joseph F and Dejanovich Judy Ck
Bought by
Kross Frank J and Kross Sharon M

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
7.1%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Palmsota Llc -- None Available
Easley David $465,000 Attorney
Croix Oil Company $430,000 Attorney
Shapeform Ltd $320,000 None Available
Kross Frank J $158,800 --
Steury Fred V $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steury Fred V $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $465,000 -2.1% $465 / Sq Ft
01/05/2020 01/05/20 Pending -- -- --
12/20/2019 12/20/19 For Sale $475,000 +10.5% $475 / Sq Ft
08/17/2018 08/17/18 Off Market $430,000 -- --
12/26/2017 12/26/17 Sold $430,000 -6.3% $391 / Sq Ft
11/16/2017 11/16/17 Pending -- -- --
10/06/2017 10/06/17 For Sale $459,000 -- $417 / 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 $4,696 $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

  • Brian Ward

    Seller's Agent in 2020

    Brian Ward

    WATERSIDE REALTY LLC

    (941) 650-7721

    28 in this area

    61 Total Sales

    Brian Ward
    Section Image
  • Tom Ward

    Seller Co-Listing Agent in 2020

    Tom Ward

    WATERSIDE REALTY LLC

    (941) 350-2463

    16 in this area

    38 Total Sales

    Tom Ward
    Section Image
  • Sara Leicht

    Buyer's Agent in 2020

    Sara Leicht

    SARASELLSSARASOTA.COM

    (941) 586-4790

    7 in this area

    86 Total Sales

    Sara Leicht
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4454487

Stellar MLS

APN: 0105-13-6150

Florida Sarasota County Sarasota 34242

5963 Midnight Pass Rd Unit 350, Sarasota, FL

This home is located at 5963 Midnight Pass Rd Unit 350, Sarasota, FL 34242 since 20 December 2019 and is currently estimated at $729,685, approximately $729 per square foot. This property was built in 1974. 5963 Midnight Pass Rd Unit 350 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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