NOT LISTED FOR SALE

5970 Midnight Pass Rd Unit 172 Sarasota, FL 34242

Estimated Value: $658,306

1 Bed
1.5 Baths
972 Sq Ft
2.27 Acres

Last Sold January 21, 2021

Last sale price $465,000 $478 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,196/month

34 Days on Market

Highlights

  • Boat Dock
  • Property fronts gulf or ocean
  • Fitness Center
  • Phillippi Shores Elementary School Rated A
  • Water Access
  • Fishing

About This Home

As of January 2021

Siesta Key Beach - #1 Beach in America! You can own your own slice of paradise in one of the most beautiful areas. This one bedroom, one and a half bath condo on the Gulf side of the Palm Bay Club packs a lot of punch. With year round, short term rentals permitted, you can use the unit when you want (and escape the cold winters) and then rent it out to off set expenses. The kitchen, baths, and floors and furniture have been updated by the current owner in the last 5 years. It includes beach friendly tile floors throughout, granite countertops, excellent storage, and a high-end sleeper sofa. Four guests are permitted in this one bedroom unit. The owner grossed $38K in 2019, over $36 in 2018, $32K in 2017, and $38K in 2016. The income varied based on owner usage. Palm Bay Club is a Gulf-to-Bay resort style complex with on-site rental management, 2 pools, tennis court, pickle ball court, barbecue grills, boat docks for daily rental, fishing pier, and of course - private access to the powder sand of Siesta Beach. Siesta Key Village is just a short drive away to restaurants and shopping. Being sold turnkey furnished and in excellent shape, this unit is ready to go!

Last Agent to Sell the Property

Jill Thomas

BERKSHIRE HATHAWAY HOMESERVICES FLORIDA REALTY License #3212715 Listed on: 11/23/2020

BERKSHIRE HATHAWAY HOMESERVICES FLORIDA REALTY

Last Buyer's Agent

Jennifer Thompson

WILLIAM RAVEIS REAL ESTATE License #3276423

WILLIAM RAVEIS REAL ESTATE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,933

Year Built

  • Built in 1975

Lot Details

  • Property fronts gulf or ocean
  • Southeast Facing Home
  • Landscaped with Trees

Home Design

  • Condo Hotel
  • Turnkey
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 972 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • Covered Parking
  • Open Parking

Outdoor Features

  • Water Access
  • Balcony
  • Covered patio or porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot S8
  • Assessor Parcel Number 0105136235

Community Details

Overview

  • Optional Additional Fees
  • Association fees include cable TV, community pool, escrow reserves fund, internet, maintenance exterior, ground maintenance, manager, pest control, pool maintenance, recreational facilities, sewer, trash, water
  • Palm Bay Club Association, Phone Number (941) 349-1911
  • Palm Bay Club Community
  • On-Site Maintenance
  • Association Approval Required
  • The community has rules related to deed restrictions

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Boat Dock
  • Community Boat Slip
  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Fishing

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,933

Year Built

Built in 1975

Lot Details

0

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Internet, Maintenance Exterior, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condo - Hotel
  • Property Description: Mid Rise
  • Water Extras: Dock - Slip 1st Come, Fishing Pier
  • Construction Materials: Block, Stucco
  • Living Area: 972.00
  • Year Built: 1975
  • Building Area Total: 972.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4484481?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4484481?w=Customer
  • Building Search Sq Meters: 90.30
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4484481?w=PubMLS
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 4
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Solid Surface Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Floor Number: 2
  • Levels: One
  • Stories: 3
  • Window Features: Blinds, Drapes
  • Living Area Meters: 90.30

Exterior Features

  • Direction Faces: Southeast
  • Water Extras: Yes
  • Waterfront Feet Gulf Ocean: 249
  • Water Access: Bay/Harbor, Beach - Access Deeded, Beach - Private, Gulf/Ocean
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Built-Up
  • Flood Zone Code: AE
  • Flood Zone Date: 11/04/2016
  • Flood Zone Panel: 12115C0143F
  • Water Access: Yes
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Screened

Garage/Parking

  • Parking Features: Covered, Guest, Open

Utilities

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

Condo/Co-op/Association

  • S W Subdiv Community Name: Palm Bay Club
  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Fitness, Pool, Tennis Courts, Water Access, Waterfront
  • Building Name Number: PALM BAY CLUB
  • Condo Fees: 1601
  • Condo Fees Term: Quarterly
  • Monthly Condo Fee Amount: 534
  • Association Amenities: Boat Slip, Cable, Dock, Elevators, Fitness Center, Laundry, Maintenance, Optional Additional Fees, Pool, Recreation Facilities, Tennis Court(s)
  • Association Approval Required: Yes
  • Association Name: Palm Bay Club
  • Phone: 941-349-1911

Fee Information

  • Amenities Additional Fees: Contact office for day dock fee.
  • Waterfront Frontage: 249
  • Total Annual Fees: 6404.00
  • Total Monthly Fees: 533.67

Schools

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

Lot Info

  • Zoning Compatible: Yes
  • Total Acreage: Non-Applicable
  • Parcel Number: 0105136235

Rental Info

  • Minimum Lease: 1-7 Days
  • Exist Lse Tenant: Yes
  • Additional Lease Restrictions: 3 night minimum
  • Furnished: Turnkey
  • Lease Restrictions: Yes

Multi Family

  • Approval Process: Contact Palm Bay Club for application, fee and interview.
  • Waterfront Features: Gulf/Ocean

Tax Info

  • Tax Annual Amount: 4933.00
  • Tax Book Number: 5-3
  • Tax Lot: S8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Jan 21, 2021
Sold by
Daghelian Eddie and Daghelian Alyse
Bought by
Carlin Frank and Carlin Phyllis
Seller's Agent
Jill Thomas
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA REALTY
Buyer's Agent
Jennifer Thompson
WILLIAM RAVEIS REAL ESTATE
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%
Total Days on Market
34
Current Estimated Value
$658,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,306
Avg. Annual Appreciation
8.28%

Purchase Details

Closed on
Dec 23, 2014
Sold by
Daghelian Eddie
Bought by
Daghelian Eddie and Passarelli Alyse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 2010
Sold by
Slone Richard
Bought by
Daghelian Eddie and Bagnoli Elizabeth

Purchase Details

Closed on
Jan 18, 2005
Sold by
Ramos Fabian A and Ramos Maria Katiuska
Bought by
Slone Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2003
Sold by
Neil Nancy P
Bought by
Ramos Fabian A and Ramos Maria Katiuska

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 5, 2001
Sold by
Sandvall Kenneth A
Bought by
Neil Nancy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
7.53%
Mortgage Type
Commercial
Source: Public Records

Similar Homes in Sarasota, FL

  • 5858 Midnight Pass Rd Unit 27, Sarasota, FL 34242

    $599,900

    • 1 Bed
    • 1 Bath
    • 531 Sq Ft
    • 5858 Midnight Pass Rd
    • Unit 27
    • Sarasota, FL

    Beautifully remodeled 1 bedroom condo located in Beachaven on #1 voted beach, Siesta Key. You can sleep 4 in this unit. This community has a private beach directly on the Gulf of America. Remodeled by Licensed contractor with all necessary permits and building codes. Everything in the unit is new. Cabinetry, flooring, appliances, and furniture. Only steps away from putting your feet in the sand.

    Paula Mapp MAPP REALTY & INVESTMENT CO

    Section Image
  • 6157 Midnight Pass Rd Unit B42, Sarasota, FL 34242

    $499,000

    • 2 Beds
    • 2.5 Baths
    • 1,332 Sq Ft
    • 6157 Midnight Pass Rd
    • Unit B42
    • Sarasota, FL

    VIEWS, VALUE, & VACATION INCOME! Lowest price per sq. foot in Bay Oaks on the market with the best views! Siesta Key Waterfront for a Great Price! TWO-STORY, 2 BEDROOMS, 3 BATHROOMS, & 1-WEEK RENTALS PERMITTED gem in the popular Bay Oaks community. This spacious condo features two oversized ensuite bedrooms, a guest half bath, and three private lanais—two of them covered, and two with stunning

    Julia Montei COLDWELL BANKER REALTY

    Section Image
  • 5450 Eagles Point Cir Unit 405, Sarasota, FL 34231

    $799,000

    • 3 Beds
    • 2.5 Baths
    • 1,843 Sq Ft
    • 5450 Eagles Point Cir
    • Unit 405
    • Sarasota, FL

    Stunning Waterfront Condo with Breathtaking Views in a Premier Gated Community -New flooring and tiled master bathroom just finished! Welcome to your dream home at the serene and picturesque Fourth Floor Condo, offering mesmerizing views of Phillipi Creek and a luxurious lifestyle in an exclusive gated community. This exquisite 3-bedroom, 2.5-bath condo is a rare find, boasting a perfect blend of

    Lee Brewer RE/MAX ALLIANCE GROUP

    Section Image
  • 116 Vista Hermosa Cir Unit 204, Sarasota, FL 34242

    $595,000

    • 2 Beds
    • 2 Baths
    • 900 Sq Ft
    • 116 Vista Hermosa Cir
    • Unit 204
    • Sarasota, FL

    Welcome to Vista Hermosa – a fully remodeled, 2-bedroom, 2-bathroom condo located directly across the street from the world-renowned Crescent Beach on Siesta Key. This second-floor unit (with elevator access) showcases an extensive list of high-end upgrades and thoughtful renovations that make it stand out above the rest.Step inside to find an impact-rated thermal glass door, porcelain tile in

    Dawn Bear WILLIAM RAVEIS REAL ESTATE

    Section Image
  • 1447 Landings Cir Unit 68, Sarasota, FL 34231

    $590,000

    • 3 Beds
    • 2.5 Baths
    • 2,048 Sq Ft
    • 1447 Landings Cir
    • Unit 68
    • Sarasota, FL

    Nestled in a mature Oak Hammock forest and tropical gardens, adjacent to the mangroves that line the shores of Robert's Bay, this wooden treehouse is the ultimate refuge for the frazzled spirit, an oasis that immediately soothes the senses as you enter its quiet streets and feel yourself immediately transported to a hidden paradise. One where you're in solitude, connected to nature. One in

    Karie Backman KELLER WILLIAMS ON THE WATER S

    Section Image
  • 145 Avenida Messina Unit 3, Sarasota, FL 34242

    $699,000

    • 2 Beds
    • 2 Baths
    • 900 Sq Ft
    • 145 Avenida Messina
    • Unit 3
    • Sarasota, FL

    Welcome to this wonderful condominium complex directly on the edge of the Siesta Key Village! This UPSTAIRS unit has been completely remodeled from top to bottom and is absolutely stunning! The opened kitchen features stainless steel appliances, handsome quartz counters, and a tan tiger-look cabinetry. There is all new lighting, fans, receptacles and switches, and a neutral plank-like ceramic

    Joe Cleary RE/MAX ALLIANCE GROUP

    Section Image
  • 1611 Clower Creek Dr Unit 236, Sarasota, FL 34231

    $539,900

    • 3 Beds
    • 2 Baths
    • 1,902 Sq Ft
    • 1611 Clower Creek Dr
    • Unit 236
    • Sarasota, FL

    Harborfront (marina) views from this 3BR/2B + Family Room floorplan! This floorplan is rarely available and offers space and natural light that truly feels like a home and not a condo. Features include neutral tile and handsome laminate wood-look flooring, an opened-up and beautifully updated showcase kitchen in a coastal theme. Tiger grey cabinetry, stainless appliances, and striking recycled

    Joe Cleary RE/MAX ALLIANCE GROUP

    Section Image
  • 1531 Clower Creek Dr Unit HA245, Sarasota, FL 34231

    $595,000

    • 3 Beds
    • 3 Baths
    • 1,734 Sq Ft
    • 1531 Clower Creek Dr
    • Unit HA245
    • Sarasota, FL

    One of the premier, PREMIER units in all of Pelican Cove! Location has it here! This condo is on a cul-de-sac point with water views on three sides. Inside, the kitchen has been beautifully redone with subtle cream raised-panel cabinetry and modern pulls, laminate floors, and a handsome quartz countertop. The kitchen was opened with walls removed and has all stainless appliances. This is a split

    Joe Cleary RE/MAX ALLIANCE GROUP

    Section Image
  • 435 S Gulfstream Ave Unit 605, Sarasota, FL 34236

    $535,000

    • 2 Beds
    • 2 Baths
    • 1,537 Sq Ft
    • 435 S Gulfstream Ave
    • Unit 605
    • Sarasota, FL

    One or more photo(s) has been virtually staged. Welcome to The Regency House and to the gold coast of Sarasota directly on Sarasota Bay! This unit is on the sixth floor and looks back over the city and Palm Avenue. This condo is ready for your complete rehab and waiting for your own touches! Features include a huge great room looking out to a sliding glass-enclosed lanai facing north with a peek

    Joe Cleary RE/MAX ALLIANCE GROUP

    Section Image
See All Homes in Sarasota

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Carlin Frank $465,000 Attorney
Daghelian Eddie -- Attorney
Daghelian Eddie -- Attorney
Daghelian Eddie $295,000 Attorney
Slone Richard $510,000 --
Ramos Fabian A $360,000 --
Neil Nancy P $259,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Passarelli Alyse $150,000
Previous Owner Slone Richard $408,000
Previous Owner Ramos Fabian A $288,000
Previous Owner Neil Nancy P $162,000
Closed Slone Richard $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2021 01/21/21 Sold $465,000 -2.1% $478 / Sq Ft
12/27/2020 12/27/20 Pending -- -- --
12/21/2020 12/21/20 For Sale $475,000 0.0% $489 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
11/23/2020 11/23/20 For Sale $475,000 -- $489 / 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 $6,015 $495,737 -- --
2023 $6,015 $504,600 $0 $504,600
2022 $5,261 $409,700 $0 $409,700
2021 $4,821 $360,700 $0 $360,700
2020 $4,934 $363,000 $0 $363,000
2019 $4,941 $370,000 $0 $370,000
2018 $4,476 $331,000 $0 $331,000
2017 $4,334 $314,000 $0 $314,000
2016 $4,141 $297,000 $0 $297,000
2015 $4,007 $289,000 $0 $289,000
2014 $3,985 $271,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jill Thomas

    Seller's Agent in 2021

    Jill Thomas

    BERKSHIRE HATHAWAY HOMESERVICES FLORIDA REALTY

    (941) 388-4447

    2 in this area

    67 Total Sales

    Jill Thomas
    Section Image
  • Jennifer Thompson

    Buyer's Agent in 2021

    Jennifer Thompson

    WILLIAM RAVEIS REAL ESTATE

    (941) 928-0790

    60 in this area

    180 Total Sales

    Jennifer Thompson
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4484481

Stellar MLS

APN: 0105-13-6235

Florida Sarasota County Sarasota 34242

5970 Midnight Pass Rd Unit 172, Sarasota, FL

This home is located at 5970 Midnight Pass Rd Unit 172, Sarasota, FL 34242 since 23 November 2020 and is currently estimated at $658,306, approximately $677 per square foot. This property was built in 1975. 5970 Midnight Pass Rd Unit 172 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

Nearby Homes