NOT LISTED FOR SALE

5970 Midnight Pass Rd Unit 170 Sarasota, FL 34242

Estimated Value: $786,100

2 Beds
2 Baths
1,268 Sq Ft
$1,135/mo HOA Fee

Last Sold September 15, 2023

Last sale price $877,500 $692 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $6,019/month

15 Days on Market

Highlights

  • Waterfront Community
  • Water access To Gulf or Ocean To Bay
  • In Ground Pool
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • Fishing

About This Home

As of September 2023

Location, Location, Location!
Enjoy beachside living in this beautiful, second floor, corner condo in Palm Bay Club; a tropical resort spanning from the beach to the bay on Siesta Key! This southern facing, spacious 2 bedroom 2 bath end unit located on the Gulf of Mexico side, presents a rare opportunity to own your own piece of paradise in a top-rated resort community on Siesta Key. Selling turn key furnished, you can move right in to this perfect island retreat and begin enjoying everything that Siesta Key has to offer including: powdery, white, quartz sand beach, turquoise Gulf waters, breathtaking sunsets & the lively, iconic Siesta Key Village. This light-filled condo is beautifully decorated with Tommy Bahama furnishings and features: high ceilings, crown molding, granite kitchen countertops, split floor plan for privacy, & large screened terrace. The meticulously maintained resort community includes: private beach access, two heated swimming pools, large custom hot tub overlooking the Bay, complimentary new fitness center, tennis courts, fishing pier, boat docks, barbecue grills, lush landscaping, gated security & onsite management.
An ideal investment opportunity awaits! When you’re not using the condo as your own personal retreat, the weekly rental can generate income to pay expenses. Enjoy your investment while building equity & wealth!
--

Last Agent to Sell the Property

Joseph Kesslak

COLDWELL BANKER REALTY Brokerage Phone: 941-349-5200 License #3360026 Listed on: 07/22/2023

COLDWELL BANKER REALTY

Co-Listed By

Wendy Kesslak

COLDWELL BANKER REALTY Brokerage Phone: 941-349-5200 License #3426707

Last Buyer's Agent

Simona Prielozna

EXIT KING REALTY License #3568927

EXIT KING REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,413

Year Built

  • Built in 1975

Lot Details

  • End Unit
  • West Facing Home
  • Street paved with bricks

HOA Fees

  • $1,135 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 1,268 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Heated Spa

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • Open Dock
  • Balcony
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, insurance, internet, management, private road, sewer, trash, water
  • France Langan Association, Phone Number (941) 349-1911
  • Palm Bay Club Community
  • Palm Bay Club Iii Subdivision

Recreation

  • Waterfront Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Fishing

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,413

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,135 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Internet, Management, Private Road, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1268
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1408
  • Directions to Property: US 41 to Stickney Point Rd, turn to north on Midnight Pass Road. 5970 is on the east side. Go to entrance gate.
  • Status: Sold
  • Co List Office Mls Id: MFR281502160
  • Co List Office Phone: 941-349-5200
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 1047486
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 692.03
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Corner Unit
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 1
  • Street Number Modifier: 5970
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 117.80
  • Room Count: 6

Exterior Features

  • Direction Faces: West
  • Pool Features: In Ground
  • Exterior Features: Balcony, Lighting, Outdoor Grill, Storage, Tennis Court(s)
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Brick
  • Water Access: Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Dock - Open
  • Water Extras YN: 1
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0143F

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fishing, Fitness Center, Gated Community - No Guard, Pool, Tennis Courts, Waterfront
  • Association Name: France Langan
  • Phone: 941-349-1911
  • Association: Yes
  • Senior Community: No
  • Association: none
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: None
  • Building Name Number: PALM BAY CLUB III
  • Condo Fees: 3404
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: GM@palmbayclub.com
  • Monthly Condo Fee Amount: 1135

Fee Information

  • Total Annual Fees: 13616.00
  • Total Monthly Fees: 1134.67

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105136237
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: 3 Day Minimum
  • Month To Month Or Weekly YN: 0

Tax Info

  • Tax Annual Amount: 7413
  • Tax Book Number: 5-3
  • Tax Lot: S10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2023
Closed on
Sep 8, 2023
Sold by
Classic Home Remodeling Llc
Bought by
Yzeiri Edison and Yzeiri Elda
Seller's Agent
Joseph Kesslak
COLDWELL BANKER REALTY
Buyer's Agent
Simona Prielozna
EXIT KING REALTY
List Price
$925,000
Sold Price
$877,500
Premium/Discount to List
-$47,500
-5.14%
Total Days on Market
15
Views
55
Current Estimated Value
$786,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$91,400
Avg. Annual Appreciation
-6.19%
Original Mortgage
$526,500
Outstanding Balance
$517,199
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$268,901

Purchase Details

Listed on
Jul 12, 2011
Closed on
Jan 30, 2012
Sold by
Stanzione Janice and The Janice Stanzione Living Tr
Bought by
Classic Home Remodeling Llc
Seller's Agent
Rudy Dudon
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Shelley McGuire
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$300,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 14, 1999
Sold by
Stanzione Janice
Bought by
Stanzione Janice
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
Yzeiri Edison $877,500 None Listed On Document
Classic Home Remodeling Llc $450,000 Attorney
Stanzione Janice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yzeiri Edison $526,500
Previous Owner Classic Home Remodeling Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $877,500 -5.1% $692 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
07/22/2023 07/22/23 For Sale $925,000 +105.6% $729 / Sq Ft
01/30/2012 01/30/12 Sold $450,000 0.0% $356 / Sq Ft
12/15/2011 12/15/11 Pending -- -- --
07/12/2011 07/12/11 For Sale $450,000 -- $356 / 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 $8,540 $726,900 -- $726,900
2023 $8,540 $737,500 $0 $737,500
2022 $7,413 $598,800 $0 $598,800
2021 $6,837 $522,100 $0 $522,100
2020 $6,890 $516,000 $0 $516,000
2019 $6,923 $527,000 $0 $527,000
2018 $6,267 $471,000 $0 $471,000
2017 $6,067 $447,000 $0 $447,000
2016 $5,808 $422,000 $0 $422,000
2015 $5,612 $410,000 $0 $410,000
2014 $5,571 $384,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4577054

Stellar MLS

APN: 0105-13-6237