$1,395,000

Island House 6150 Midnight Pass Rd Unit 10 Floor 1 Sarasota, FL 34242

Estimated payment $9,721/month

Total Views 6,552
4 Beds
3 Baths
1,962 Sq Ft
$711 Price per Sq Ft

Highlights

  • 568 Feet of Waterfront
  • Partial Gulf or Ocean Views
  • Stone Countertops
  • Phillippi Shores Elementary School Rated A
  • Open Floorplan
  • Community Pool

About This Home

A rare investment opportunity awaits with this proven income-producing property on world-renowned Siesta Key Beach. Located within the beautifully maintained Island House Beach Resort, this unique offering includes two units in one building, complete with a two-car carport and additional storage. Flexible rental options allow it to be used as a full 4-bedroom rental, two separate 2-bedroom units, or you can live in one and rent the other—offering excellent versatility and income potential. Recently renovated, the property features hurricane-impact windows, 3M-tinted sliders, and is being sold turnkey furnished for immediate use. Enjoy private beach access with cabanas, beach chairs, and lounges, just a short walk from your doorstep. The resort also offers a spacious beachside courtyard with patio seating, gas grills, and shuffleboard courts—perfect for relaxing or entertaining. The recreation center includes a full-length heated swimming pool, pool table, ping pong, and air hockey, providing plenty of options for fun and relaxation. Ideally located just minutes from Siesta Key Village, downtown Sarasota, and steps from the sand, this is your chance to own a slice of paradise with excellent income potential.

Listing Agent

Lee Brewer

RE/MAX ALLIANCE GROUP Brokerage Phone: 941-954-5454 License #0681592 Listed on: 08/03/2025

RE/MAX ALLIANCE GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,447

Year Built

  • Built in 1967

Lot Details

  • 568 Feet of Waterfront
  • 284 Feet of Ocean or Gulf Waterfront
  • 284 Feet of Public Beach Waterfront
  • South Facing Home

HOA Fees

  • $1,400 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 1,962 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Partial Bay or Harbor Views
  • Laundry in unit

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Water Access
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, pest control, recreational facilities, trash
  • Island House Community
  • Island House Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Recreation

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,447

Year Built

Built in 1967

Lot Details

0

HOA Fees

$1,400 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Trash
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1962
  • New Construction: No
  • Year Built: 1967
  • Building Area Total: 2697
  • Status: Active
  • Ownership: Condominium
  • Entry Level: 1
  • Building Area Total Srch Sq M: 250.56
  • Escrow State: FL
  • Floor Number: 1
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 711.01
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Water Frontage Feet Beach: 284
  • MFR_InLawSuiteYN: 1
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • MFR_InLawSuiteDescription: 2+ Bathrooms,2+ Bedrooms,Attached,Private Entrance
  • Attribution Contact: 941-954-5454
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Stories: 2
  • Living Area Meters: 182.28

Exterior Features

  • Direction Faces: South
  • Exterior Features: Sliding Doors, Storage
  • Roof: Built-Up
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 568
  • Flood Zone Panel: 0143G
  • Water Frontage Feet Gulf Ocean: 284

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Pool
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Condo Fees: 4200
  • Condo Land Included YN: 0
  • Monthly Condo Fee Amount: 1400

Fee Information

  • Total Annual Fees: 16800.00
  • Total Monthly Fees: 1400.00

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0106032010
  • Additional Parcels: No
  • Lot Features: Sidewalk, Paved
  • Flood Zone Code: VE

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: HOA Restricts rental to 3 days or more
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 11446.7
  • Tax Book Number: 1-49
  • Tax Lot: 10

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean
  • Approval Process: Contract HOA for Buyer Application

Map

Range of Values:

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Value Increase
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Percent Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $13,629 $985,100 -- $985,100
2023 $13,629 $1,140,200 $0 $1,140,200
2022 $12,417 $1,018,900 $0 $1,018,900
2021 $9,462 $737,600 $0 $737,600
2020 $9,407 $733,100 $0 $733,100
2019 $8,315 $635,000 $0 $635,000
2018 $8,564 $655,300 $0 $655,300
2017 $8,565 $643,900 $0 $643,900
2016 $8,713 $657,800 $0 $657,800
2015 $7,725 $552,300 $0 $552,300
2014 $8,327 $395,560 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2025 08/03/25 For Sale $1,395,000 +16.3% $711 / Sq Ft
05/14/2021 05/14/21 Sold $1,200,000 -11.1% $612 / Sq Ft View Prior Sale
04/13/2021 04/13/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $1,350,000 -- $688 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,200,000 Attorney
Interfamily Deed Transfer $548,750 Stewart Title Company
Warranty Deed $700,000 Global Title Network Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $490,000 Purchase Money Mortgage
Source: Public Records

Source: Stellar MLS

MLS Number: A4660785

Stellar MLS

APN: 0106-03-2010