$400,000
$50K PRICE DROP

Bay Oaks 6157 Midnight Pass Rd Unit B51 Floor 1 Sarasota, FL 34242

Estimated payment $3,140/month

Total Views 8,793
2 Beds
1 Bath
690 Sq Ft
$580 Price per Sq Ft

Highlights

  • Dock made with wood
  • Fishing Pier
  • Clubhouse
  • Phillippi Shores Elementary School Rated A
  • 4.26 Acre Lot
  • Contemporary Architecture

About This Home

Investor Alert Rental History, Vacation home. SIESTA KEY BEACH! This is the #1 beach in the US and # 4 in the world! Relax in your chaise lounge, on the beach, Listening to Jimmy Buffet and sipping a cold margarita? sounds perfect. Well, It’s here, and just a short walk to the crystal powdery white sandy beach and turquoise waters at your footsteps. The dream of owning Siesta Key is still possible, good rental income. This 1st floor condo covered parking and guest parking. The spacious condo has beachy decor, 2 bedrooms, 1 bath, in unit washer dryer, stainless steel appliances, lots of closets. BAY OAKS complex has huge shade trees and mature landscaping and is located on the intercoastal on one side with a nice fishing pier and the beach on the other. This is your chance to own property for your family and use it as an investment also. Siesta Key has beautiful Sunsets, Sunday night drum Circle, and close to restaurants, shopping and watersports. There is also a game room in the clubhouse, and a public laundry as well as local shuttles to Siesta Beach and taxis for a night out in the Village. Sarasota offers theatres, art galleries, museums, parks, Mote Marine, and Selby Gardens. So much, so close! Own a piece of Paradise. Seller will pay the upcoming assessment of $9100 on November 1st, 2025. HOA MIGHT have an additional assessment next year of $3000 per quarter for 3 Quarters. Seller will put that in escrow for new buyer if needed. UNIT is Rented Jan, Feb, March and half of April, all security deposits will be given to the new buyer at closing. What a deal!

Listing Agent

Robin Jones

EXIT KING REALTY Brokerage Phone: 941-497-6060 License #3107453 Listed on: 04/21/2025

EXIT KING REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,153

Year Built

  • Built in 1974

Lot Details

  • Northwest Facing Home

HOA Fees

  • $700 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 690 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • 1 Parking Garage Space

Outdoor Features

  • Fishing Pier
  • Dock made with wood
  • Balcony
  • Enclosed Patio or Porch

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management
  • Megan Claffey Association, Phone Number (941) 349-4433
  • Bay Oaks Association
  • Bay Oaks Estates Community
  • Bay Oaks Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse
  • Community Mailbox

Recreation

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,153

Year Built

Built in 1974

Lot Details

0

HOA Fees

$700 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 690
  • Lot Size Acres: 4.26
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 788
  • Lot Size Sq Ft: 185659
  • Status: Active
  • Street Direction: E
  • Ownership: Fee Simple
  • Entry Level: 1
  • Escrow State: FL
  • Floor Number: 1
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 579.71
  • Water Access YN: 0
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Wood
  • MFR_DockYN: 1
  • Attribution Contact: 941-497-6060
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Living Area Meters: 64.10

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Tennis Court(s)
  • Exterior Features: Balcony, Sidewalk, Tennis Court(s)
  • Roof: Shingle
  • Pool Private: No
  • View: Pool
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Screened
  • Road Surface Type: Asphalt
  • Water Extras: Fishing Pier
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, 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, Clubhouse, Community Mailbox, Deed Restrictions, Pool, Tennis Court(s)
  • Association Fee: 700
  • Association Fee Frequency: Monthly
  • Association Name: Megan Claffey
  • Phone: 941 349 4433
  • Association: Yes
  • Senior Community: No
  • Association: Bay Oaks
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Condo Land Included YN: 0
  • Association Email: bayoaksmanager@gmail.com

Fee Information

  • Total Annual Fees: 8400.00
  • Total Monthly Fees: 700.00
  • Monthly HOA Amount: 700.00

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0106071021
  • Additional Parcels: No
  • Flood Zone Code: x

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: no pets

Tax Info

  • Tax Annual Amount: 4153
  • Tax Block: 51
  • Tax Book Number: 8-30
  • Tax Lot: B51

Map

About Bay Oaks

Range of Values:

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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 $4,221 $322,900 -- $322,900
2023 $4,221 $330,900 $0 $330,900
2022 $3,916 $300,200 $0 $300,200
2021 $2,831 $202,400 $0 $202,400
2020 $2,727 $190,800 $0 $190,800
2019 $2,701 $198,900 $0 $198,900
2018 $2,521 $188,700 $0 $188,700
2017 $2,370 $150,920 $0 $0
2016 $2,013 $137,200 $0 $137,200
2015 $2,019 $134,000 $0 $134,000
2014 $2,061 $124,000 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2025 10/10/25 Price Changed $400,000 -8.0% $580 / Sq Ft
08/03/2025 08/03/25 Price Changed $435,000 -2.2% $630 / Sq Ft
07/07/2025 07/07/25 Price Changed $444,900 -1.1% $645 / Sq Ft
04/21/2025 04/21/25 For Sale $450,000 -- $652 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $350,000 Attorney
Warranty Deed $170,000 Attorney
Warranty Deed $125,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $245,000 New Conventional
Previous Owner $100,000 No Value Available
Source: Public Records

Source: Stellar MLS

MLS Number: A4649777

Stellar MLS

APN: 0106-07-1021

Florida Sarasota County Sarasota 34242

6157 Midnight Pass Rd Unit B51, Sarasota, FL

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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Listing Agent
Robin Jones
Section Image
EXIT KING REALTY
(941) 395-0403