NOT LISTED FOR SALE

6342 Midnight Pass Rd Unit 330 Sarasota, FL 34242

Estimated Value: $1,356,000 - $1,501,000

2 Beds
1.5 Baths
852 Sq Ft
$830/mo HOA Fee

Last Sold March 23, 2023

Last sale price $1,700,000 $1,995 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $9,544/month

248 Days on Market

Highlights

  • 500 Feet of Waterfront
  • Community Boat Slip
  • Boat Slip Deeded
  • Phillippi Shores Elementary School Rated A
  • Beach Access
  • Fitness Center

About This Home

As of March 2023

BEST GULF VIEW AND LOCATION on Siesta Key! UNOBSTRUCTED 270 Degree Gulf View with OVER 100K in DOCUMENTED rental revenue. Documented income of OVER $102K for 2022. One of the highest rental revenue condo's by square foot on the ENTIRE beach. Situated on the FRONT of Crescent Beach in the highly sought after Midnight Cove community!! GULF FRONT, FULLY FURNISHED condo with PANORAMIC GULF OF MEXICO VIEWS. This gorgeous two bed, two bath beachfront condo has charm and convenience. Don’t miss this opportunity to own a high rental producing property which offers a one week minimum rental policy. Midnight Cove is a pet friendly community. The community sits on 11 acres with beach to bay access, featuring wonderful amenities including beach privileges with complimentary lounge chairs and beach umbrellas, two pools, two tennis courts, a fitness room, clubhouse, grilling areas and boat slips. Close proximity to all of the best restaurants, shopping, and entertainment of the “South Village” and of course the world-famous Siesta Key Beach! This private, gated community is conveniently close to Stickney Point for easy access on/off the island. Siesta Key continues to be a highly desirable destination for all, home to finest, whitest, softest sand and World Famous, Award Winning #1 Beach in the U.S. Hurry, this won’t last long. Please bring your highest and best offers along with proof of funds or pre-qualification letter. Won’t last long, schedule your private tour today!

Last Agent to Sell the Property

Joshua Beckmann

BECKMANN REAL ESTATE License #0412490 Listed on: 05/21/2022

Last Buyer's Agent

Christy Harvey

EXP REALTY LLC License #3425290

EXP REALTY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,985

Year Built

  • Built in 1977

Lot Details

  • 500 Feet of Waterfront
  • Property fronts gulf or ocean
  • East Facing Home

HOA Fees

  • $830 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 852 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Full Gulf or Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Boat Slip Deeded
  • Balcony
  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, maintenance structure, ground maintenance, manager, recreational facilities, sewer, trash, water
  • Progressive Management Association, Phone Number (941) 921-5393
  • Visit Association Website
  • Mid-Rise Condominium
  • Midnight Cove Ph 1 & 2 Community
  • Midnight Cove Ph 1 & 2 Subdivision
  • On-Site Maintenance
  • The community has rules related to building or community restrictions, deed restrictions
  • Rental Restrictions

Amenities

  • Clubhouse
  • Elevator

Recreation

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

Pet Policy

  • 2 Pets Allowed
  • Large pets allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,985

Year Built

Built in 1977

Lot Details

0

HOA Fees

$830 per month

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Structure, Maintenance Grounds, Manager, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 852
  • New Construction: No
  • Year Built: 1977
  • Building Area Total: 1014
  • Directions to Property: From US 41, head west on Stickney Point Road, then right on Midnight Pass Road.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4535808?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4535808?w=Customer
  • Floor Number: 3
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 7385
  • Property Description: Mid Rise
  • Subdivision Section Number: 19
  • Ratio: Close Price\List Price: 0.85043
  • Price per Sq Ft: 1995.31
  • Close to Original List Price Ratio: 0.77449
  • Ratio: Current Price\Building Area Total: 1676.53
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 6342
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Lighting, Tennis Court(s)
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Enclosed, Patio
  • Road Surface Type: Paved, Asphalt
  • Water View: Gulf/Ocean - Full
  • Water Access: Beach, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Dock - Slip Deeded On-Site
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 500
  • Water Frontage Feet Gulf Ocean: 250
  • Water Frontage Feet Ocean 2 Bay: 250
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Pool, Special Community Restrictions, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Boat Slip, Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Tennis Court(s)
  • Association Name: Progressive Management
  • Phone: 941-921-5393
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 830
  • Condo Fees Term: Monthly
  • Association Website: www.MidnightCove.com
  • Association Email: sraniere@pcmfla.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 830
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 9960
  • Total Monthly Fees: 830

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0108014021
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone
  • Flood Zone Code: VE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Number Limit, Yes
  • Pet Size: Large (61-100 Lbs.)
  • Minimum Lease: 1-7 Days
  • Approval Process: See Rules and Regulations
  • Num Timesper Year: 50
  • Pet Restrictions: No pets allowed to Renters/Tenants.
  • Lease Restrictions Y N: Yes
  • Month To Month Or Weekly Y N: Yes
  • Additional Lease Restrictions: 2 week minimum in March. See Rules and Regulations.

Tax Info

  • Tax Annual Amount: 6984.51
  • Tax Book Number: 11-8
  • Tax Lot: 330

Multi Family

  • Waterfront Features: Gulf/Ocean, Gulf/Ocean to Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2022
Closed on
May 11, 2023
Sold by
Buck Lisa K
Bought by
Premium Sunset Properties Llc
Seller's Agent
Joshua Beckmann
BECKMANN REAL ESTATE
Buyer's Agent
Christy Harvey
EXP REALTY LLC
List Price
$2,195,000
Sold Price
$1,700,000
Premium/Discount to List
-$495,000
-22.55%
Views
36
Current Estimated Value
$1,453,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$246,016
Avg. Annual Appreciation
-5.90%

Purchase Details

Listed on
May 21, 2022
Closed on
Mar 22, 2023
Sold by
Helsel Lance
Bought by
Buck Lisa K
Seller's Agent
Joshua Beckmann
BECKMANN REAL ESTATE
Buyer's Agent
Christy Harvey
EXP REALTY LLC
List Price
$2,195,000
Sold Price
$1,700,000
Premium/Discount to List
-$495,000
-22.55%
Views
36

Purchase Details

Closed on
Jul 27, 2005
Sold by
Fanny Llc
Bought by
Helsel Lance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,075,500
Interest Rate
5.51%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 15, 2005
Sold by
Young Oliver and Ogrady Patricia
Bought by
Fanny Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,075,500
Interest Rate
5.51%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 17, 2004
Sold by
Faso Rosalie
Bought by
Young Oliver and Ogrady Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 1999
Sold by
Faso Charles and Faso Rosalie
Bought by
Faso Rosalie

Purchase Details

Closed on
Feb 2, 1996
Sold by
Mcgrath Orvella R Boardman and Boardman Orvella R
Bought by
Faso Charles and Faso Rosalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.2%
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
Premium Sunset Properties Llc $100 None Listed On Document
Buck Lisa K $1,700,000 Dynamic Title Services
Helsel Lance $1,195,000 Global Title Network Inc
Fanny Llc $1,075,000 Global Title Network Inc
Young Oliver $850,000 --
Faso Rosalie $65,700 --
Faso Charles $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Helsel Lance $1,075,500
Previous Owner Fanny Llc $967,500
Previous Owner Young Oliver $620,000
Previous Owner Faso Charles $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2023 03/23/23 Sold $1,700,000 -15.0% $1,995 / Sq Ft
01/25/2023 01/25/23 Pending -- -- --
10/21/2022 10/21/22 Price Changed $1,999,000 -8.9% $2,346 / Sq Ft
05/21/2022 05/21/22 For Sale $2,195,000 -- $2,576 / 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 $11,975 $1,349,200 -- $1,349,200
2023 $11,975 $1,297,000 $0 $1,297,000
2022 $8,937 $843,100 $0 $843,100
2021 $6,985 $543,400 $0 $543,400
2020 $6,873 $523,400 $0 $523,400
2019 $8,571 $664,600 $0 $664,600
2018 $8,209 $635,600 $0 $635,600
2017 $8,249 $627,700 $0 $627,700
2016 $10,020 $821,200 $0 $821,200
2015 $9,115 $721,500 $0 $721,500
2014 $7,476 $480,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joshua Beckmann

    Seller's Agent in 2023

    Joshua Beckmann

    BECKMANN REAL ESTATE

    (941) 321-3500

    17 in this area

    41 Total Sales

    Joshua Beckmann
    Section Image
  • Christy Harvey

    Buyer's Agent in 2023

    Christy Harvey

    EXP REALTY LLC

    (727) 992-5178

    2 in this area

    34 Total Sales

    Christy Harvey
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4535808

Stellar MLS

APN: 0108-01-4021

Florida Sarasota County Sarasota 34242

6342 Midnight Pass Rd Unit 330, Sarasota, FL

This home is located at 6342 Midnight Pass Rd Unit 330, Sarasota, FL 34242 since 21 May 2022 and is currently estimated at $1,453,984, approximately $1,706 per square foot. This property was built in 1977. 6342 Midnight Pass Rd Unit 330 is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High School.

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

Nearby Homes