NOT LISTED FOR SALE

5963 Midnight Pass Rd Unit 352 Sarasota, FL 34242

Estimated Value: $783,859

2 Beds
2 Baths
1,012 Sq Ft
$625/mo HOA Fee

Last Sold June 12, 2013

Last sale price $295,000 $292 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $5,267/month

8 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Water access To Gulf or Ocean To Bay
  • 2.37 Acre Lot
  • Phillippi Shores Elementary School Rated A
  • Heated Pool
  • Deck

About This Home

As of June 2013

Looking for project? This second floor 2 bedroom 2 bath is located in the south building on the bayside. Original condition, one owner. This is the best buy in the community known for the amenities. Unit needs major remodeling. Please know prior toshowing. Priced accordingly.

Last Agent to Sell the Property

Rudy Dudon

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #3099658 Listed on: 04/02/2013

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Allen Conrad

RE/MAX ALLIANCE GROUP License #3027578

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,803

Year Built

  • Built in 1974

Lot Details

  • 200 Feet of Waterfront
  • North Facing Home
  • Mature Landscaping

HOA Fees

  • $625 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,012 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Property fronts gulf or ocean with access to the bay
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Location

  • 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
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, electricity, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, maintenance, management, pest control, private road, recreational facilities, security, sewer, trash, water
  • Palm Bay Club 941 349 1911 Association
  • Mid-Rise Condominium
  • Palm Bay Club Community
  • Palm Bay Club II Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Greenbelt

Amenities

  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,803

Year Built

Built in 1974

Lot Details

0

HOA Fees

$625 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Electricity, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1012
  • Lot Size Acres: 2.37
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1112
  • Lot Size Sq Ft: 103255
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Floor Number: 2
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 291.50
  • Total Acreage: 2 to less than 5
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Property Description: Mid Rise
  • MFR_CommunityAssociationWaterFeatures: Boat Slip,Dock,Water Access
  • Attribution Contact: 941-349-3444
  • Tax Year: 2012
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 3
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 94.02

Exterior Features

  • Direction Faces: North
  • Pool Features: Heated
  • Exterior Features: Balcony, Lighting, Outdoor Grill, Sliding Doors
  • Roof: Membrane
  • Home Warranty: No
  • Pool Private: No
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure
  • Water Access: Gulf/Ocean to Bay
  • Water View YN: 0
  • Waterfront Feet Total: 200

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Private
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Pool, Tennis Courts, Waterfront Complex
  • Association Amenities: Elevator(s), Laundry, Maintenance, Security, Storage, Tennis Court(s)
  • Association Name: Palm Bay Club 941-349-1911
  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • Condo Fees: 625

Fee Information

  • Total Annual Fees: 7500.00
  • Total Monthly Fees: 625.00

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105136152
  • Additional Parcels: No
  • Lot Features: Greenbelt, Near Public Transit, Paved
  • Future Land Use: 3904

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Expected Lease Date: 2013-06-12T00:00:00.000

Tax Info

  • Tax Annual Amount: 1803
  • Tax Block: PALM
  • Tax Book Number: 0008/0011
  • Tax Lot: 352

Multi Family

  • Waterfront Features: Gulf/Ocean to Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2013
Closed on
Jun 7, 2013
Sold by
Greenough Dora Evans
Bought by
Ocean Daze Llc
Seller's Agent
Rudy Dudon
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Allen Conrad
RE/MAX ALLIANCE GROUP
List Price
$299,500
Sold Price
$295,000
Premium/Discount to List
-$4,500
-1.5%
Current Estimated Value
$783,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488,859
Avg. Annual Appreciation
8.17%
Original Mortgage
$206,500
Outstanding Balance
$146,433
Interest Rate
3.42%
Mortgage Type
Commercial
Estimated Equity
$637,426
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
Ocean Daze Llc $295,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ocean Daze Llc $206,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2013 06/12/13 Sold $295,000 -1.5% $292 / Sq Ft
04/11/2013 04/11/13 Pending -- -- --
04/02/2013 04/02/13 For Sale $299,500 -- $296 / 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 $6,136 $494,600 -- --
2023 $6,136 $519,800 $0 $519,800
2022 $5,336 $422,100 $0 $422,100
2021 $4,956 $371,600 $0 $371,600
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 $149,071 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rudy Dudon

    Seller's Agent in 2013

    Rudy Dudon

    Michael Saunders

    (941) 234-3991

    136 in this area

    204 Total Sales

    Rudy Dudon
    Section Image
  • Allen Conrad

    Buyer's Agent in 2013

    Allen Conrad

    RE/MAX

    (941) 544-0143

    3 in this area

    49 Total Sales

    Allen Conrad
    Section Image
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Map

Source: Stellar MLS

MLS Number: A3975961

Stellar MLS

APN: 0105-13-6152

Florida Sarasota County Sarasota 34242

5963 Midnight Pass Rd Unit 352, Sarasota, FL

Not Listed for Sale

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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