NOT LISTED FOR SALE

Bay Oaks 6157 Midnight Pass Rd Unit E93 Sarasota, FL 34242

Estimated Value: $465,404 - $538,000

2 Beds
2 Baths
1,101 Sq Ft
$700/mo HOA Fee

Last Sold July 29, 2024

Last sale price $484,000 $440 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,740/month

23 Days on Market

Highlights

  • 200 Feet of Intracoastal Waterfront
  • Access To Intracoastal Waterway
  • View of Trees or Woods
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • Open Floorplan

About This Home

As of July 2024

This charming 2 bedroom, 2 bathroom condo on the 3rd floor offers a perfect blend of comfort and convenience, making it an ideal choice for investors, full-time residents, or those seeking a delightful weekend retreat. In 2023 alone, it has successfully generated $33,000 in revenue as a part-time vacation rental on AirBnB, illustrating its lucrative potential. For those considering expanding its use to a full-time rental, the earnings possibilities are even more promising. Alternatively, it serves as a splendid private getaway where one can immerse themselves in the serene offerings of the locale. The condo is being sold turnkey (if desired), which means it comes fully furnished and tastefully decorated, ready for immediate occupancy by you or your guests.
Stepping inside, the unit welcomes you with a spacious living room/dining room combo that leads to a screened-in lanai, perfect for savoring peaceful views. The master bedroom is a retreat of its own, featuring a walk-in closet, a vanity area, and ample storage space. Plus the additional second bedroom and bathroom. Added conveniences include an in-unit washer and dryer right off the kitchen. The AC Condenser replaced and comes with 10 year warranty.
Located in the serene Bay Oaks community, it is conveniently located near the beach and a variety of entertainment options including live music, eclectic shops, and inviting restaurants. Additionally, the Bay Oaks community offers exceptional amenities including a fishing dock, picnic area with community grill, tennis court, and a heated pool, all under the canopy of stunning oversized Oak trees.

Last Agent to Sell the Property

Kristin Gilardi

EXP REALTY LLC License #3549280 Listed on: 05/21/2024

EXP REALTY LLC

Last Buyer's Agent

Argelia Vidal

COLDWELL BANKER REALTY License #3261538

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,910

Year Built

  • Built in 1974

Lot Details

  • East Facing Home

HOA Fees

  • $700 Monthly HOA Fees

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Entry on the 3rd floor
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,101 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Convection Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Guest Parking

Outdoor Features

  • Access To Intracoastal Waterway
  • Fishing Pier
  • Balcony
  • Screened Patio
  • Outdoor Storage

Location

  • Flood Insurance May Be Required
  • Property is near public transit

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, common area taxes, pool, escrow reserves fund, maintenance structure, ground maintenance, management, pest control, recreational facilities, sewer, trash, water
  • Megan Claffey Association, Phone Number (941) 349-4433
  • Visit Association Website
  • Bay Oaks Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Recreation Facilities
  • Fitness Center

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,910

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, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1101
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1182
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Escrow City: Palm Coast
  • Escrow State: FL
  • Escrow Street Name: Hargove Grade, Suite1B
  • Floor Number: 3
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 439.60
  • Total Acreage: Non-Applicable
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: End Unit,Mid Rise
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Dock,Fishing,Waterfront
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Walk-In Closet(s), Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 4
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 102.29

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Park/Greenbelt, Trees/Woods
  • Water Body Name: INTRACOASTAL WATERWAY
  • Waterfront: Yes
  • Patio and Porch Features: Screened
  • Road Surface Type: Asphalt, Paved
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure
  • Water Access: Intracoastal Waterway
  • Water Extras: Fishing Pier
  • Water View YN: 0
  • Waterfront Feet Total: 200
  • Flood Zone Panel: 12115C0143G
  • Water Frontage Feet ICW: 200

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered, Guest

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness Center, Pool, Sidewalks, Tennis Courts
  • Association Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Laundry, Pickleball Court(s), Pool, Recreation Facilities, Storage
  • Association Name: Megan Claffey
  • Phone: 941-349-4433
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: None
  • Condo Fees: 2100
  • Condo Land Included YN: 1
  • Association Email: BayOaksManager@gmail.com
  • Monthly Condo Fee Amount: 700
  • Association URL: https://www.bayoaksresort.com
  • Management: Full Time

Fee Information

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

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0106071086
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, Near Public Transit, Sidewalk, Paved
  • Flood Zone Code: AE

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: 1 week minimum for rentals
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 5910
  • Tax Book Number: 8-30
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Jul 29, 2024
Sold by
Farrington Melissa and Redlich Brian
Bought by
Conley Mason and Conley Elizabeth K
Seller's Agent
Kristin Gilardi
EXP REALTY LLC
Buyer's Agent
Argelia Vidal
COLDWELL BANKER REALTY
List Price
$525,000
Sold Price
$484,000
Premium/Discount to List
-$41,000
-7.81%
Views
54
Current Estimated Value
$486,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,601
Avg. Annual Appreciation
0.43%
Original Mortgage
$338,800
Outstanding Balance
$334,966
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$151,635

Purchase Details

Closed on
Feb 10, 2023
Sold by
Jacquelyn M Tuszkiewicz Revocable Living
Bought by
Farrington Melissa and Redlich Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2021
Closed on
Jan 20, 2022
Sold by
Myriam Rosas
Bought by
Jacquelyn M Tuszkiewicz Revocable Living Trus
Seller's Agent
Jay Mitchell
COLDWELL BANKER REALTY
Buyer's Agent
Morghan Edwards
KELLER WILLIAMS ON THE WATER S
List Price
$565,000
Sold Price
$530,000
Premium/Discount to List
-$35,000
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.24%

Purchase Details

Listed on
Aug 10, 2013
Closed on
Sep 6, 2013
Sold by
Wondrasch Dorothy
Bought by
Rosas Myrian
Seller's Agent
Richard Schatz
RE/MAX ALLIANCE GROUP
Buyer's Agent
David Robertson
THE ROBERTSON RLTY ESTATE GROU
List Price
$259,900
Sold Price
$260,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%

Purchase Details

Closed on
May 4, 2009
Sold by
Wondrasch John W
Bought by
Wondrasch Dorothy
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
Conley Mason $484,000 Us Patriot Title
Farrington Melissa $420,000 --
Jacquelyn M Tuszkiewicz Revocable Living Trus $530,000 Berlin Patten Ebling Pllc
Rosas Myrian $260,000 Flagship Title Of Tampa Llp
Wondrasch Dorothy -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conley Mason $338,800
Previous Owner Farrington Melissa $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2024 07/29/24 Sold $484,000 -3.2% $440 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
05/31/2024 05/31/24 Price Changed $499,900 -4.8% $454 / Sq Ft
05/21/2024 05/21/24 For Sale $525,000 -0.9% $477 / Sq Ft
01/20/2022 01/20/22 Sold $530,000 -6.2% $481 / Sq Ft View Prior Sale
12/07/2021 12/07/21 Pending -- -- --
10/02/2021 10/02/21 For Sale $565,000 +117.3% $513 / Sq Ft
09/06/2013 09/06/13 Sold $260,000 0.0% $236 / Sq Ft View Prior Sale
08/27/2013 08/27/13 Pending -- -- --
08/10/2013 08/10/13 For Sale $259,900 -- $236 / 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 $5,910 $446,500 -- $446,500
2023 $5,910 $470,200 $0 $470,200
2022 $4,384 $394,700 $0 $394,700
2021 $3,412 $248,100 $0 $248,100
2020 $3,326 $236,900 $0 $236,900
2019 $3,380 $244,500 $0 $244,500
2018 $3,566 $262,100 $0 $262,100
2017 $3,464 $235,466 $0 $0
2016 $3,092 $214,800 $0 $214,800
2015 $2,903 $194,600 $0 $194,600
2014 $3,052 $186,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4610631

Stellar MLS

APN: 0106-07-1086