NOT LISTED FOR SALE

5964 Midnight Pass Rd Unit N-27 Sarasota, FL 34242

Estimated Value: $1,271,059

2 Beds
2 Baths
1,043 Sq Ft
$628/mo HOA Fee

Last Sold March 13, 2013

Last sale price $450,000 $431 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $8,330/month

20 Days on Market

Highlights

  • Beach Front
  • Water access To Gulf or Ocean
  • Open Floorplan
  • Phillippi Shores Elementary School Rated A
  • Saltwater Pool
  • Property is near public transit

About This Home

As of March 2013

Be prepared to experience something truly SPECTACULAR as you open the door to this 2 bedroom, 2 bath GULFSIDE condo. TOTALLY REMODELED just two years ago, the finest quality of materials and workmanship is evident. Rich custom wood cabinetry provides a fine complement to the neutral granite countertops and glass/mosaic backsplash. Kitchen and hallway flooring are 18" ON THE DIAGONAL, and state of the art stainless steel appliances are a cook's delight. Please check out the master bedroom en suite with the plush carpeting, huge walk-in closet, and outstanding bath with a CUSTOM WALK-IN SHOWER and unique tiles and body sprays. Other LUXURIES include an INSTANT ON TANKLESS HOT WATER system and your very own BOSCH stackable washer and dryer. This top floor unit is steps to the famous white, quartz sands of Siesta Beach. Whether used as a resort get-away or a great RENTAL INVESTMENT, this is not a MUST SEE-this is a MUST BUY! Will you be the LUCKY NEW OWNER?

Martha Thomas

COLDWELL BANKER REALTY Brokerage Phone: 941-346-7454 License #401907 Listed on: 01/29/2013

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,727

Year Built

  • Built in 1975

Lot Details

  • Beach Front
  • 300 Feet of Waterfront
  • Property fronts gulf or ocean
  • Mature Landscaping
  • Zero Lot Line

HOA Fees

  • $628 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,043 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Tray Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Storage Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

  • Saltwater Pool
  • Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • 1 to 7-Day Minimum Lease Term
  • Tax Lot N-27
  • Assessor Parcel Number 0105136225

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, maintenance, management, pest control, private road, recreational facilities, sewer, trash, water
  • Palm Bay Management 941 349 1911 Association
  • Palm Bay Club Community
  • Palm Bay Club Iii Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking

Amenities

  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,727

Year Built

Built in 1975

Lot Details

0

HOA Fees

$628 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condo - Hotel
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1043
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1134
  • Directions to Property: FROM STICKNEY POINT ROAD TURN RIGHT ONTO MIDNIGHT PASS ROAD. PROCEED TO PALM BAY CLUB GULF SIDE OF THE ROAD. TURN LEFT INTO COMPLEX TO BUILDING 5964 ON THE RIGHT. TAKE ELEVATOR TO THE THIRD FLOOR-UNIT 146.
  • Status: Sold
  • Ownership: Condominium,Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 3
  • List Office Head Office Key Nume: 1046883
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 431.45
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 941-346-7454
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Spa Yn: Yes
  • Stories: 3
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 5964
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Storage Rooms
  • Living Area Meters: 96.90
  • Room Count: 7

Exterior Features

  • Pool Features: Heated, Salt Water
  • Exterior Features: Balcony
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: Yes
  • Water Access: Gulf/Ocean
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 300

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Assigned, Covered, Guest

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Public, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts, Waterfront Complex
  • Association Amenities: Elevator(s), Laundry, Maintenance, Spa/Hot Tub, Storage, Tennis Court(s)
  • Association Fee: 628
  • Association Fee Frequency: Monthly
  • Association Name: Palm Bay Management 941-349-1911
  • Association: Yes
  • Security: Smoke Detector(s)
  • Association Fee Requirement: Required
  • Building Name Number: 5964 MIDNIGHT PASS RD.

Fee Information

  • Total Annual Fees: 7536.00
  • Total Monthly Fees: 628.00

Schools

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

Lot Info

  • Parcel Number: 0105136225
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Near Public Transit, Private, Zero Lot Line
  • Homestead YN: 0
  • Zoning Compatible YN: 1
  • Future Land Use: 3904

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Expected Lease Date: 2013-03-13T00:00:00.000

Tax Info

  • Tax Annual Amount: 4727
  • Tax Book Number: 0005/0003
  • Tax Lot: N-27

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2024
Sold by
Mendicino Beverly R and Roth Christopher
Bought by
Mendicino Beverly R and Roth Christopher
Total Days on Market
20
Current Estimated Value
$1,271,059

Purchase Details

Listed on
Jan 29, 2013
Closed on
Mar 13, 2013
Sold by
Gistis Christopher G and Gistis Lindsay P
Bought by
Mendicino Samuel J and Mendicino Beverly R
Buyer's Agent
Martha Thomas
COLDWELL BANKER REALTY
List Price
$479,900
Sold Price
$450,000
Premium/Discount to List
-$29,900
-6.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%

Purchase Details

Closed on
Feb 27, 2012
Sold by
Gistis Christopher G and Gistis Lindsay P
Bought by
Gistis Christopher G and Gistis Lindsay P

Purchase Details

Closed on
May 19, 2010
Sold by
Ward Richard S and Richard S Ward Revocable Trust
Bought by
Gistis Christopher and Gistis Lindsay
Source: Public Records

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Range of Values:

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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
Mendicino Beverly R $100 None Listed On Document
Mendicino Beverly R $100 None Listed On Document
Mendicino Samuel J $450,000 Sunbelt Title Agency
Gistis Christopher G -- Attorney
Gistis Christopher $355,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2013 03/13/13 Sold $450,000 -6.2% $431 / Sq Ft
02/19/2013 02/19/13 Pending -- -- --
01/29/2013 01/29/13 For Sale $479,900 -- $460 / 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 $7,127 $578,586 -- --
2023 $7,127 $611,200 $0 $611,200
2022 $6,192 $496,300 $0 $496,300
2021 $5,730 $434,700 $0 $434,700
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: A3972506

Stellar MLS

APN: 0105-13-6225