NOT LISTED FOR SALE

5964 Midnight Pass Rd Unit 141 Sarasota, FL 34242

Estimated Value: $726,876

2 Beds
2 Baths
1,043 Sq Ft
$1,213/mo HOA Fee

Last Sold June 07, 2024

Last sale price $795,000 $762 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $5,639/month

Highlights

  • Water access To Gulf or Ocean
  • In Ground Pool
  • Main Floor Primary Bedroom
  • Phillippi Shores Elementary School Rated A
  • Contemporary Architecture
  • Furnished

About This Home

As of June 2024

Beautiful condo in Palm Bay Club.

Last Agent to Sell the Property

Linda Stowe

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #3142559 Listed on: 04/18/2024

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Rudy Dudon

MICHAEL SAUNDERS & COMPANY License #3099658

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,012

Year Built

  • Built in 1975

Lot Details

  • South Facing Home
  • Street paved with bricks

HOA Fees

  • $1,213 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Contemporary Architecture
  • Entry on the 2nd floor
  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 1,043 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Outside Bathroom Access
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Property fronts gulf or ocean with access to the bay
  • Deeded access to the beach
  • Balcony
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot N22
  • Assessor Parcel Number 0105136220

Community Details

Overview

  • Francine Langan Association, Phone Number (941) 349-1911
  • Palm Bay Club Community
  • Palm Bay Club III Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,012

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,213 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condo - Hotel
  • Architectural Style: Contemporary
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1043
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1134
  • Directions to Property: Clark Rd West to Midnight Pass Rd - Go right (North) to Palm Bay on left (gulf side)
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Sarasota
  • Escrow Postal Code: 34242
  • Escrow State: FL
  • Escrow Street Name: Ocean Boulevard
  • Escrow Street Number: 5100
  • Floor Number: 2
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 762.22
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-349-3444
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 3
  • Street Number Modifier: 5964
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 96.90
  • Room Count: 8

Exterior Features

  • Direction Faces: South
  • Pool Features: Gunite, In Ground, Lighting, Outside Bath Access
  • Exterior Features: Balcony, Lighting, Outdoor Grill, Storage, Tennis Court(s)
  • Roof: Tile
  • Pool Private: No
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Road Surface Type: Brick
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Beach - Access Deeded,Gulf/Ocean,Gulf/Ocean to Bay
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0143F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool, Tennis Courts
  • Association Fee: 3638.24
  • Association Fee Frequency: Quarterly
  • Association Name: Francine Langan
  • Phone: 941-349-1911
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Condo Fees: 0
  • Condo Land Included YN: 0
  • Management: Full Time

Fee Information

  • Total Annual Fees: 14552.96
  • Total Monthly Fees: 1212.75
  • Monthly HOA Amount: 1212.75

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105136220
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Condo Docs
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 7012
  • Tax Book Number: 5-3
  • Tax Lot: N22

Multi Family

  • Waterfront Features: Gulf/Ocean to Bay
  • Approval Process: See Condo Docs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
Jun 7, 2024
Sold by
Suraci James and Suraci Zaida
Bought by
Pbc141 Llc
Seller's Agent
Linda Stowe
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Rudy Dudon
MICHAEL SAUNDERS & COMPANY
List Price
$795,000
Sold Price
$795,000
Views
2
Current Estimated Value
$726,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$68,124
Avg. Annual Appreciation
-6.37%
Original Mortgage
$400,000
Outstanding Balance
$387,680
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$339,196

Purchase Details

Closed on
Jul 26, 2013
Sold by
Zelson Investments Lp
Bought by
Suraci James and Suraci Zaida

Purchase Details

Closed on
Jan 16, 2004
Sold by
Zelson Joseph A
Bought by
Zelson Inv L P

Purchase Details

Closed on
Jan 16, 2003
Sold by
Zelson Joseph A
Bought by
Zelson Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 25, 1999
Sold by
Zelson Joseph A and Zelson Gloria
Bought by
Zelson Joseph A and Zelson Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 19, 1999
Sold by
Zelson Joseph A
Bought by
Zelson Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 2, 1997
Sold by
Kane Donne F and Kane Judith L
Bought by
Zelson Joseph A and Zelson Gloria
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
Pbc141 Llc $795,000 None Listed On Document
Suraci James $390,000 Attorney
Zelson Inv L P $70,700 --
Zelson Joseph A -- --
Zelson Joseph A -- --
Zelson Joseph A -- --
Zelson Joseph A $172,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pbc141 Llc $400,000
Previous Owner Zelson Joseph A $310,000
Previous Owner Zelson Joseph A $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2024 06/07/24 Sold $795,000 0.0% $762 / Sq Ft
04/18/2024 04/18/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $795,000 -- $762 / 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 $7,012 $570,200 -- --
2023 $7,012 $599,300 $0 $599,300
2022 $6,094 $486,600 $0 $486,600
2021 $5,653 $428,400 $0 $428,400
2020 $5,814 $433,000 $0 $433,000
2019 $5,834 $442,000 $0 $442,000
2018 $5,280 $395,000 $0 $395,000
2017 $5,114 $375,000 $0 $375,000
2016 $4,890 $354,000 $0 $354,000
2015 $4,736 $344,000 $0 $344,000
2014 $4,692 $322,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4607527

Stellar MLS

APN: 0105-13-6220