NOT LISTED FOR SALE

6342 Midnight Pass Rd Unit 112 Sarasota, FL 34242

Estimated Value: $2,121,000 - $2,874,757

4 Beds
3.5 Baths
2,352 Sq Ft
$815/mo HOA Fee

Last Sold March 24, 2022

Last sale price $2,025,000 $861 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $15,411/month

8 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Fitness Center
  • Clubhouse
  • Phillippi Shores Elementary School Rated A
  • Gated Community
  • Florida Architecture

About This Home

As of March 2022

Refined and rare, exemplary island living is realized in this spacious Gulf-front townhome on Siesta Key. Celebrate every day with the sandy beach and rolling waves of the azure waters practically outside your backdoor. Ideal for full-time living or as a seasonal retreat, the generous floorplan grants more than 2,000 square feet of comfort for an indoor-outdoor coastal lifestyle with an excellent rental history from which to profit. Three true guest bedrooms and a rejuvenating master suite make this townhome a treasure to find on Siesta Key. Providing tropical views through a wall of sliders to the lanai that offers immediate access to the beach, the open concept layout combines a main casual space to the dining area with efficiency to the kitchen. Touches of class and elegant finishes brighten and enliven the residence for an essence of discernment while ensuring functionality with expansive countertops and a wealth of cabinetry for the cook. Balconies overlooking palm trees and the Gulf horizon delivering that special coastal experience you’ve been wanting. The bedrooms are found on the first and third floors for privacy. Also included with this home are two covered parking spots, easy access on and off the island and the option of weekly rentals. Splendid community amenities, featuring a pool with spa, fitness center, common areas, waterfront piers, tennis and more are enjoyed by residents and guests within an easy stroll to Siesta Village. Condo being sold turn key furnished with brand new furniture delivered by December 11, 2021.

Last Agent to Sell the Property

Karen Chandler

MICHAEL SAUNDERS & COMPANY License #0610388 Listed on: 11/30/2021

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Rudy Dudon

MICHAEL SAUNDERS & COMPANY License #3099658

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,677

Year Built

  • Built in 1977

Lot Details

  • 150 Feet of Waterfront
  • Property fronts gulf or ocean
  • End Unit
  • East Facing Home
  • Mature Landscaping

HOA Fees

  • $815 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Elevated Home
  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 2,352 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Dry Bar
  • Crown Molding
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Family Room
  • Inside Utility
  • Water Views
  • Security Gate

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Water Access
  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, maintenance structure, manager, pest control, pool maintenance, private road, recreational facilities, security, sewer, trash, water
  • Progressive Community Mgt. Shane Raniere Association, Phone Number (941) 921-5393
  • Visit Association Website
  • Midnight Cove Condos
  • Midnight Cove Ph 1 & 2 Community
  • Midnight Cove Ph 1 & 2 Subdivision
  • Leased Association Recreation
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 100 lbs
  • 2 Pets Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,677

Year Built

Built in 1977

Lot Details

0

HOA Fees

$815 per month

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Maintenance Structure, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 2352
  • New Construction: No
  • Year Built: 1977
  • Building Area Total: 2352
  • Directions to Property: Midnight Pass Rd to Midnight Cove, turn into complex on Gulf side. Ring office for gate entry.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4518923?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4518923?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Subdivision Num: 7385
  • Property Description: Corner Unit, Elevated, End Unit
  • Call Center Phone Number: 9413087777
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.95294
  • Price per Sq Ft: 860.97
  • Close to Original List Price Ratio: 0.95294
  • Ratio: Current Price\Building Area Total: 860.97
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Dry Bar, Dormitorio Principal Arriba, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Stories: 3
  • Window Features: Window Treatments
  • Street Number Modifier: 6342
  • Room Count: 9
  • Additional Rooms: Family Room, Inside Utility

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Lighting, Outdoor Grill, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Porch
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Waterfront Frontage: 150
  • Water Frontage Feet Gulf Ocean: 150
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Guest
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Lease, Buyer Approval Required, Fitness, Gated Community, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Clubhouse, Fitness Center, Gated, Pool, Recreation Facilities, Security, Tennis Court(s)
  • Association Name: Progressive Community Mgt. Shane Raniere
  • Phone: 941-921-5393
  • Association: Yes
  • Security: Gated Community, Security Gate
  • Senior Community: No
  • Condo Fees: 815
  • Condo Fees Term: Monthly
  • Association Website: www.pcmfla.com
  • Association Email: sraniere@pcmfla.com
  • S W Subdiv Condo Num: 7385
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 815
  • Complex Community Name NCCB: MIDNIGHT COVE
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 9780
  • Total Monthly Fees: 815

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0108014003
  • Additional Parcels: No
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Pet Size: Large (61-100 Lbs.)
  • Max Pet Weight: 100
  • Minimum Lease: 1 Week
  • Approval Process: See association docs
  • Num Timesper Year: 52
  • Lease Restrictions Y N: Yes
  • Month To Month Or Weekly Y N: Yes
  • Additional Lease Restrictions: See Association docs

Tax Info

  • Tax Annual Amount: 14677.16
  • Tax Book Number: 11-8
  • Tax Lot: 112

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2021
Closed on
Mar 24, 2022
Sold by
Keller Charles F
Bought by
Baughn Michael W and Baughn Janet Lea
Seller's Agent
Karen Chandler
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Rudy Dudon
MICHAEL SAUNDERS & COMPANY
List Price
$2,125,000
Sold Price
$2,025,000
Premium/Discount to List
-$100,000
-4.71%
Current Estimated Value
$2,324,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,439
Avg. Annual Appreciation
3.94%

Purchase Details

Closed on
Dec 29, 2005
Sold by
Keller Charles
Bought by
Keller Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 31, 1994
Sold by
Demby Ray E and Demby Mary Jo
Bought by
Keller Charles F
Source: Public Records

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
Baughn Michael W $2,025,000 Icard Merrill Cullis Timm Fure
Keller Charles -- Dba Wci Title
Keller Charles F $337,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keller Charles $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2022 03/24/22 Sold $2,025,000 -4.7% $861 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $2,125,000 -- $903 / 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 $27,691 $2,525,100 -- $2,525,100
2023 $27,691 $2,331,600 $0 $2,331,600
2022 $21,334 $2,199,800 $0 $2,199,800
2021 $14,677 $1,157,800 $0 $1,157,800
2020 $15,142 $1,170,600 $0 $1,170,600
2019 $19,255 $1,509,100 $0 $1,509,100
2018 $17,672 $1,379,900 $0 $1,379,900
2017 $17,179 $1,260,976 $0 $0
2016 $19,963 $1,770,000 $0 $1,770,000
2015 $18,352 $1,570,200 $0 $1,570,200
2014 $13,141 $846,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4518923

Stellar MLS

APN: 0108-01-4003