NOT LISTED FOR SALE

6342 Midnight Pass Rd Unit 332 Sarasota, FL 34242

Estimated Value: $1,076,000 - $1,252,000

2 Beds
2 Baths
852 Sq Ft
$1,276/mo HOA Fee

Last Sold May 29, 2024

Last sale price $1,350,000 $1,585 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $8,480/month

80 Days on Market

Highlights

  • 400 Feet of Ocean or Gulf Waterfront
  • Beach Access
  • Heated In Ground Pool
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • Full Gulf or Ocean Views

About This Home

As of May 2024

You must see to believe the panoramic view from the balcony of this third floor, Midnight Cove abode. From your morning coffee to your evening aperitif, drink in the view and savor the saltwater breeze from the generous patio. This smartly appointed two bedroom, two bathroom unit is bright and fresh with charming, coastal décor. The efficient kitchen features bright white cabinets topped with radiant granite under updated recessed lighting. Showcase your finest service ware in the dual-sided glass insert upper cabinetry that creates an open, airy atmosphere. Serve your creative cuisine at the counter bar seating or the dining table with seating for four. Cozy up on your reclining sofa to gaze through your four-panel glass sliders or take in a feature on the flat screen tv. Comfortable quarters await you in the owner’s suite with an updated bath featuring stylish, frameless shower doors. Guest quarters are accompanied by a second bath and you will appreciate the convenient, in-unit laundry. A beach to bay community, Midnight Cove offers an incredible lifestyle by offering owners and their guests accommodations including, but not limited to: private beach access with complimentary beach chairs and umbrellas, boat slips available for rent, fishing, two swimming pools, two tennis courts, new fitness room and picnic seating with gas grills.

Last Agent to Sell the Property

Rudy Dudon

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #3099658 Listed on: 01/04/2024

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Steven McNally

ENGEL + VOELKERS SARASOTA License #3318903

ENGEL + VOELKERS SARASOTA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,680

Year Built

  • Built in 1977

Lot Details

  • 400 Feet of Ocean or Gulf Waterfront
  • East Facing Home
  • Irrigation
  • Street paved with bricks

HOA Fees

  • $1,276 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Guest Parking
  • 1 Assigned Parking Space

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Deeded access to the beach
  • First Come-First Served Dock
  • Seawall
  • Outdoor Grill

Location

  • Flood Zone Lot
  • 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 pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, sewer, trash, water
  • Pcm/Shane Raniere Association, Phone Number (941) 921-5393
  • Visit Association Website
  • Midnight Cove Ph 1 & 2 Community
  • Midnight Cove Ph 1 & 2 Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities

Amenities

  • Clubhouse
  • Elevator

Recreation

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

Pet Policy

  • Pets up to 150 lbs
  • 2 Pets Allowed

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,680

Year Built

Built in 1977

Lot Details

0

HOA Fees

$1,276 per month

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 852
  • New Construction: No
  • Year Built: 1977
  • Building Area Total: 1014
  • Directions to Property: Stickney Point Rd to Midnight Pass Rd. Head north on Midnight Pass, property will be on the left side.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 3
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1 Week
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 1584.51
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Slip 1st Come
  • MFR_DockYN: 1
  • Attribution Contact: 941-349-3444
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Solid Surface Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 3
  • Window Features: Blinds
  • Street Number Modifier: 6342
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 79.15
  • Room Count: 4

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Irrigation System, Outdoor Grill, Sliding Doors, Tennis Court(s)
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: GULF OF MEXICO & INTRACOASTAL
  • Waterfront: Yes
  • Road Surface Type: Brick
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure
  • Water Access: Bay/Harbor,Beach,Beach - Access Deeded,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 400
  • Water Frontage Feet Gulf Ocean: 400

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Gated Community - Guard, Pool, Tennis Courts
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Recreation Facilities, Tennis Court(s)
  • Association Name: PCM/Shane Raniere
  • Phone: 941-921-5393
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: No Pets for rentals
  • Association Fee Requirement: None
  • Building Name Number: 6342
  • Condo Fees: 3828
  • Condo Land Included YN: 0
  • Max Pet Weight: 150
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: sraniere@pcmfla.com
  • Monthly Condo Fee Amount: 1276
  • Pet Size: Large (61-100 Lbs.)
  • Association URL: midnightcove.com

Fee Information

  • Total Annual Fees: 15312.00
  • Total Monthly Fees: 1276.00

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0108014023
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Near Public Transit, Street Brick
  • Property Attached Yn: Yes
  • Flood Zone Code: VE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Association Docs

Tax Info

  • Tax Annual Amount: 10679.67
  • Tax Book Number: 11-8
  • Tax Lot: 332

Multi Family

  • Waterfront Features: Gulf/Ocean
  • Approval Process: See Association Docs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
May 29, 2024
Sold by
Rawlings Michael T and Herman Maria
Bought by
Neville Joseph B and Neville Brenda S
Seller's Agent
Rudy Dudon
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Steven McNally
ENGEL + VOELKERS SARASOTA
List Price
$1,400,000
Sold Price
$1,350,000
Premium/Discount to List
-$50,000
-3.57%
Views
234
Current Estimated Value
$1,194,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$155,473
Avg. Annual Appreciation
-8.43%
Original Mortgage
$1,080,000
Outstanding Balance
$1,067,141
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$127,386

Purchase Details

Closed on
Feb 29, 2008
Sold by
Shaffer Kerry D and Shaffer Eugenia
Bought by
Rawlings Michael T and Hermans Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 1998
Sold by
Getzen Prop Assoc Ltd
Bought by
Shaffer Kerry D and Shaffer Eugenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,400
Interest Rate
6.89%

Purchase Details

Closed on
Jan 2, 1997
Sold by
Getzen William E
Bought by
Getzen Prop Assoc Ltd
Source: Public Records

Range of Values:

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Average Value
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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
Neville Joseph B $1,350,000 None Listed On Document
Neville Joseph B $1,350,000 None Listed On Document
Rawlings Michael T $825,000 Concierge Title Agency Of Sa
Shaffer Kerry D $318,000 --
Getzen Prop Assoc Ltd $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neville Joseph B $1,080,000
Closed Neville Joseph B $1,080,000
Previous Owner Rawlings Michael T $650,000
Previous Owner Shaffer Kerry D $254,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2024 05/29/24 Sold $1,350,000 -3.6% $1,585 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $1,400,000 0.0% $1,643 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $1,400,000 -- $1,643 / 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 $10,680 $705,696 -- --
2023 $10,680 $1,101,400 $0 $1,101,400
2022 $8,705 $818,600 $0 $818,600
2021 $6,824 $530,200 $0 $530,200
2020 $6,715 $510,700 $0 $510,700
2019 $8,372 $648,500 $0 $648,500
2018 $7,953 $615,000 $0 $615,000
2017 $7,972 $605,800 $0 $605,800
2016 $9,616 $792,600 $0 $792,600
2015 $8,849 $703,900 $0 $703,900
2014 $7,187 $461,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4593952

Stellar MLS

APN: 0108-01-4023