NOT LISTED FOR SALE

5968 Midnight Pass Rd Unit 161 Sarasota, FL 34242

Estimated Value: $713,260

2 Beds
2 Baths
1,134 Sq Ft
$874/mo HOA Fee

Last Sold April 08, 2022

Last sale price $800,000 $705 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $5,277/month

5 Days on Market

Highlights

  • 1,000 Feet of Waterfront
  • Community Boat Slip
  • Private Beach
  • Phillippi Shores Elementary School Rated A
  • Water access To Gulf or Ocean
  • Fitness Center

About This Home

As of April 2022

Enjoy beachside bliss at Palm Bay Club, a tropical resort spanning from the beach to the bay on Siesta Key. This two-bedroom residence is the perfect island hideaway for relishing in the powder white sands and turquoise Gulf waters for which Siesta Beach is known. The open floorplan is perfect for relaxation or hosting a game of cards, movie night, or cocktail hour with friends. Prepare your favorite meals in the kitchen, complete with white cabinets and plenty of storage space. The master suite opens to the lanai while bringing in ample natural light. An ideal investment opportunity, rent out the unit when you are not in residence with a generous three-night minimal policy and a newly renovated onsite rental office sure to take care of your guests so you don’t have to think about anything. With an array of resort amenities, enjoy every day to the fullest. Hospitalities include two heated swimming pools, large custom hot tub overlooking the Bay, complimentary new fitness center, tennis courts, available boat docks for daily rental, barbeque grills, fishing pier, private beach, recreation lounge, and complimentary wi-fi. Siesta Village is nearby with delicious restaurants, island-style boutiques, and a laidback tropical atmosphere. Downtown Sarasota is just over the bridge for one-of-a-kind arts and culture. Furnishings available for purchase on a separate addendum.

Last Agent to Sell the Property

Rudy Dudon

MICHAEL SAUNDERS & COMPANY License #3099658 Listed on: 02/25/2022

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Rudy Dudon

MICHAEL SAUNDERS & COMPANY License #3099658 Listed on: 02/25/2022

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,730

Year Built

  • Built in 1975

Lot Details

  • 1,000 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property fronts an intracoastal waterway
  • Property fronts a private road
  • Private Beach
  • Public Beach
  • Street terminates at a dead end
  • North Facing Home
  • Irrigation

HOA Fees

  • $874 Monthly HOA Fees

Home Design

  • Turnkey
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 1,134 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility
  • Tile Flooring
  • Partial Bay or Harbor Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Covered Parking
  • Guest Parking
  • Open Parking

Pool

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

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Deeded access to the beach
  • First Come-First Served Dock
  • Seawall
  • Open Dock

Location

  • Flood Zone Lot
  • Property is near public transit

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • 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, security, sewer, trash, water
  • Palm Bay Club Association, Phone Number (941) 349-1911
  • Palm Bay Club Community
  • Palm Bay Club III Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • Rental Restrictions

Amenities

  • Laundry Facilities
  • Elevator

Recreation

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

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,730

Year Built

Built in 1975

Lot Details

0

HOA Fees

$874 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, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1134
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1134
  • Directions to Property: Stickney Point/Clark Road west to Midnight Pass turn right and go north to Palm Bay Club and turn left into gulfside community.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4525643?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4525643?w=Customer
  • Floor Number: 3
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.94118
  • Price per Sq Ft: 705.47
  • Close to Original List Price Ratio: 0.94118
  • Ratio: Current Price\Building Area Total: 705.47
  • View: No
  • Ownership: Condominium
  • Tax Year: 2021
  • 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, Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 3
  • Window Features: Blinds
  • Street Number Modifier: 5968
  • Room Count: 4
  • Additional Rooms: Inside Utility

Exterior Features

  • Direction Faces: North
  • Pool Features: Gunite, Heated, In Ground, Outside Bath Access
  • Exterior Features: Irrigation System, Sliding Doors, Tennis Court(s)
  • Roof: Built-Up
  • Pool Private: No
  • Road Frontage Type: Street Dead-End, Private Road
  • Water Body Name: Gulf Of Mexico/Intracoastal
  • Waterfront: Yes
  • Water View: Gulf/Ocean - Partial
  • Water Access: Beach - Access Deeded, Beach - Private, Beach - Public, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Dock - Open, Dock - Slip 1st Come, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0143F
  • Waterfront Frontage: 1000
  • Water Frontage Feet I C W: 500
  • Water Frontage Feet Gulf Ocean: 500
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Covered, Guest, Open
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • 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, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Boat Slip, Cable TV, Elevator(s), Fitness Center, Laundry, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association Name: Palm Bay Club
  • Phone: 941-349-1911
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 2623
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 874
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 10492
  • Total Monthly Fees: 874.33

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105136255
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Near Public Transit
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No
  • Minimum Lease: 1-7 Days
  • Approval Process: Contact Palm bay management with application, fee and for interview.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: 3 Night Minimum, Boat slip rental available and assigned by onsite office.

Tax Info

  • Tax Annual Amount: 5730
  • Tax Book Number: 5-3
  • Tax Lot: 161

Multi Family

  • Waterfront Features: Gulf/Ocean, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2023
Sold by
Disalvo Elena
Bought by
Elena Disalvo Trust
Current Estimated Value
$713,260

Purchase Details

Listed on
Feb 25, 2022
Closed on
Apr 7, 2022
Sold by
Hinton William R
Bought by
Disalvo Elena
Seller's Agent
Rudy Dudon
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Rudy Dudon
MICHAEL SAUNDERS & COMPANY
List Price
$850,000
Sold Price
$800,000
Premium/Discount to List
-$50,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.20%

Purchase Details

Listed on
May 31, 2018
Closed on
May 7, 2018
Sold by
Sumislawski Joseph E and Sumislawski Judith L
Bought by
Hinton William R and Mailhot Steven R
Seller's Agent
Rudy Dudon
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Rudy Dudon
MICHAEL SAUNDERS & COMPANY
List Price
$585,000
Sold Price
$585,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
Original Mortgage
$390,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 11, 2009
Sold by
J & J Hershberger Llc
Bought by
Sumislawski Joseph E and Sumislawski Judith L

Purchase Details

Closed on
Feb 9, 2007
Sold by
Hershberger John P and Hershberger Jody L
Bought by
J & J Hershberger Llc

Purchase Details

Closed on
May 9, 2006
Sold by
Yoder Viola June and Yoder Daniel W
Bought by
Hershberger John P and Hershberger Jody L
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
Elena Disalvo Trust $100 --
Disalvo Elena $800,000 None Listed On Document
Hinton William R $585,000 Attorney
Sumislawski Joseph E $435,000 Attorney
J & J Hershberger Llc -- None Available
Hershberger John P $715,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hinton William R $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2022 04/08/22 Sold $800,000 -5.9% $705 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $850,000 +45.3% $750 / Sq Ft
06/04/2018 06/04/18 Sold $585,000 0.0% $516 / Sq Ft View Prior Sale
05/31/2018 05/31/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $585,000 -- $516 / 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 $7,586 $617,600 -- $617,600
2023 $7,586 $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 $5,875 $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

  • Rudy Dudon

    Seller's Agent in 2022

    Rudy Dudon

    Michael Saunders

    (941) 234-3991

    136 in this area

    208 Total Sales

    Rudy Dudon
    Section Image
  • Allison Sadar

    Seller Co-Listing Agent in 2018

    Allison Sadar

    LPT REALTY, LLC

    (941) 315-5875

    2 in this area

    3 Total Sales

    Allison Sadar
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4525643

Stellar MLS

APN: 0105-13-6255

Florida Sarasota County Sarasota 34242

5968 Midnight Pass Rd Unit 161, Sarasota, FL

This home is located at 5968 Midnight Pass Rd Unit 161, Sarasota, FL 34242 since 25 February 2022 and is currently estimated at $713,260, approximately $628 per square foot. This property was built in 1975. 5968 Midnight Pass Rd Unit 161 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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