NOT LISTED FOR SALE

6304 Midnight Cove Rd Unit 513 Sarasota, FL 34242

Estimated Value: $592,000 - $650,000

2 Beds
2 Baths
1,010 Sq Ft
$745/mo HOA Fee

Last Sold December 21, 2020

Last sale price $505,000 $500 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,651/month

17 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Boat Dock
  • Private Beach
  • Phillippi Shores Elementary School Rated A
  • Water access To Gulf or Ocean To Bay
  • Fitness Center

About This Home

As of December 2020

This bright and spacious condo with 2 bedrooms and 2 full bathrooms on the ground floor in the very popular Midnight Cove Bayside has been beautifully remodeled and is ready for your enjoyment!! The many recent upgrades include tile throughout the entire unit, window treatments, some new furniture, freshly painted interior, new electric panel (2018), hot water heater (2020), and some new appliances. Your family and guests will appreciate the comfortable feel of the larger extended living room and dining room, the gorgeous views overlooking the canal waterway, dining room sliders that open to a screened exterior, inside washer/dryer, and large flat screen TV. This unit is just steps to the private heated bayside pool, clubhouse, and fitness room. Midnight Cove has 11 acres of beautiful, lush, manicured grounds on both the bay and beachside & has close proximity to Siesta Key Village, restaurants, and shopping. There is easy access on & off Siesta Key with a short drive to the south bridge. The amenities include 2 heated pools, 2 tennis courts, covered parking, updated clubhouse, exercise room, grilling/picnic areas, 24 hour security, on-site management and rental office, private beach with a friendly beach attendant, complimentary chaises, umbrellas, and chairs. Midnight Cove is pet friendly, and this unit has excellent rental income history and potential. Furniture is negotiable.

Last Agent to Sell the Property

Regina Putrino

WILLIAM RAVEIS REAL ESTATE License #0665015 Listed on: 11/18/2020

WILLIAM RAVEIS REAL ESTATE

Last Buyer's Agent

Regina Putrino

WILLIAM RAVEIS REAL ESTATE License #0665015 Listed on: 11/18/2020

WILLIAM RAVEIS REAL ESTATE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,705

Year Built

  • Built in 1979

Lot Details

  • 300 Feet of Waterfront
  • Property fronts a saltwater canal
  • Private Beach
  • West Facing Home

HOA Fees

  • $745 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,010 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Family Room Off Kitchen
  • Tile Flooring
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • Access To Marina
  • Deeded access to the beach
  • Access to Saltwater Canal
  • Dock made with Composite Material
  • Outdoor Kitchen

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, maintenance structure, ground maintenance, maintenance repairs, pest control, pool maintenance, sewer, trash, water
  • Midnight Cove Assoc. Inc Abbie Mitchel Association, Phone Number (941) 349-3004
  • Visit Association Website
  • Midnight Cove Bayside Community
  • Midnight Cove Bayside Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Boat Dock
  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 100 lbs
  • 2 Pets Allowed

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,705

Year Built

Built in 1979

Lot Details

0

HOA Fees

$745 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Pest Control, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 1010
  • Lot Size Acres: 5.77
  • New Construction: No
  • Year Built: 1979
  • Lot Size Sq Ft: 251521
  • Directions to Property: Stickney Point Rd west, turn right onto Midnight Pass Rd., turn right at Midnight Cove
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4484038?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4484038?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96209
  • Price per Sq Ft: 500
  • Close to Original List Price Ratio: 0.96209
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 6304
  • Room Count: 4

Exterior Features

  • Direction Faces: West
  • Other Structures: Outdoor Kitchen, Tennis Court(s)
  • Exterior Features: Sliding Doors, Tennis Court(s)
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Water View: Canal
  • Water Access: Beach - Access Deeded, Beach - Private, Canal - Saltwater, Gulf/Ocean to Bay, Intracoastal Waterway, Marina
  • Water Extras: Dock - Composite, Dock w/Electric
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0143F
  • Waterfront Frontage: 300
  • Water Frontage Feet Canal Salt: 300

Garage/Parking

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

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Gated Community, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Cable TV, Clubhouse, Boat Dock, Fitness Center, Gated, Maintenance, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association Name: Midnight Cove Assoc. Inc - Abbie Mitchel
  • Phone: 941-349-3004
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 745
  • Condo Fees Term: Monthly
  • Association Website: www.midnightcove.com
  • Association Email: midnightcoveassoc@gmail.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 745
  • Amenities Additional Fees: Boat Docks are available for rental
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 8940
  • Total Monthly Fees: 745

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0108013004
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 100
  • Minimum Lease: 1 Week
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please review Association Rules and Regulations

Tax Info

  • Tax Annual Amount: 4705
  • Tax Block: 5
  • Tax Book Number: 10-40
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Dec 21, 2020
Sold by
Beachfunaddict Llc
Bought by
Kenyon Brent D and Cunningham Kelly M
Seller's Agent
Regina Putrino
WILLIAM RAVEIS REAL ESTATE
Buyer's Agent
Regina Putrino
WILLIAM RAVEIS REAL ESTATE
List Price
$524,900
Sold Price
$505,000
Premium/Discount to List
-$19,900
-3.79%
Current Estimated Value
$623,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,430
Avg. Annual Appreciation
4.66%
Original Mortgage
$353,500
Outstanding Balance
$316,618
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$306,812

Purchase Details

Closed on
Jun 7, 2019
Sold by
Wright Lawrence Scott and Weaver Wright Renee Alison
Bought by
Beachfunaddict Llc

Purchase Details

Listed on
May 23, 2018
Closed on
Nov 5, 2018
Sold by
Love Richard H and Love Eunice W
Bought by
Alison Wright Lawrence Scott and Alison Weaverwright Renee
Seller's Agent
Holly Clemmer
Buyer's Agent
Regina Putrino
WILLIAM RAVEIS REAL ESTATE
List Price
$449,000
Sold Price
$437,500
Premium/Discount to List
-$11,500
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Original Mortgage
$350,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Kenyon Brent D $505,000 None Listed On Document
Beachfunaddict Llc -- Attorney
Alison Wright Lawrence Scott $437,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kenyon Brent D $353,500
Previous Owner Alison Wright Lawrence Scott $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $505,000 -3.8% $500 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
11/17/2020 11/17/20 For Sale $524,900 +20.0% $520 / Sq Ft
11/05/2018 11/05/18 Sold $437,500 -2.6% $433 / Sq Ft
09/28/2018 09/28/18 Pending -- -- --
09/20/2018 09/20/18 For Sale $449,000 0.0% $445 / Sq Ft
08/16/2018 08/16/18 Pending -- -- --
05/22/2018 05/22/18 For Sale $449,000 -- $445 / 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 $5,920 $470,800 -- $470,800
2023 $5,920 $507,400 $0 $507,400
2022 $5,642 $492,400 $0 $492,400
2021 $4,736 $357,400 $0 $357,400
2020 $4,631 $342,200 $0 $342,200
2019 $4,705 $351,800 $0 $351,800
2018 $3,691 $271,500 $0 $271,500
2017 $3,697 $267,200 $0 $267,200
2016 $3,502 $246,200 $0 $246,200
2015 $3,321 $226,100 $0 $226,100
2014 $3,485 $212,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4484038

Stellar MLS

APN: 0108-01-3004