$569,000
SOLD SEP 11, 2024

6610 Midnight Pass Rd Unit 11 Sarasota, FL 34242

1 Bed
1 Bath
600 Sq Ft
$650/mo HOA Fee

Recently Sold

$948 Per Sq Ft

4 Days on Market

Highlights

  • Beach Access
  • Open Floorplan
  • Community Pool
  • Phillippi Shores Elementary School Rated A
  • Stone Countertops
  • Family Room Off Kitchen

About This Home

As of September 2024

Investor Alert! Let the numbers do the talking. *Gross revenue after tourist taxes was $71,189. *Occupancy in ’23 was 45 weeks. *All expenses are $19.1k, giving you a net of $52.4k, that’s a cap rate of over 9. EBBTIDE has some of the lowest HOA dues on the Key, and is one of the few properties on the Key that allow One Day Minimum Rentals - no need to miss a revenue producing day.
Now for what you get. *A 600 sq ft 1 bedroom with 1 full bath with a washer/dryer. *Was renovated in 2020 with a new kitchen and furniture. The patio is 240 sq ft, and has a dedicated outdoor shower. It has deeded gulf beach access and use of the Association by the Sea heated saltwater pool.
What the renters say – ‘Fantastic location’, ‘We love this spot’, 'Perfect Siesta Key getaway’. Check out the reviews on Airbnb- 202 reviews that average 4.95 out of 5!

The location is outstanding. Ebb Tide is directly across Midnight Pass Rd from the Crescent Club, Capt. Curt’s, the Daiquiri Deck and everything in the south village. You can walk everywhere! The Siesta Key Trolly stops feet from your door, giving you a FREE ride to the north village and many other places on the Key. No need for a car here.

This is perfect for an owner/operator or seamlessly fold it into your current rentals. Bookings so far this year are $61,142 (including $10K for the remainder of 2024, with 130 days to go. Call now to view this outstanding rental unit.

Last Agent to Sell the Property

William Burns

RE/MAX PLATINUM REALTY Brokerage Phone: 941-929-9090 License #0624263 Listed on: 08/16/2024

RE/MAX PLATINUM REALTY

Last Buyer's Agent

William Burns

RE/MAX PLATINUM REALTY Brokerage Phone: 941-929-9090 License #0624263 Listed on: 08/16/2024

RE/MAX PLATINUM REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,036

Year Built

  • Built in 1956

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 600 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • Tile Flooring

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Beach Access
  • Deeded access to the beach
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0108104011

Community Details

Overview

  • Kelly Helm, 941 782 8307 Association
  • Ebbtide Community
  • Ebbtide Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,036

Year Built

Built in 1956

Lot Details

0

HOA Fees

$650 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 600
  • New Construction: No
  • Year Built: 1956
  • Building Area Total: 600
  • Directions to Property: Take US 41 to Stickney Point. Go west over bridge. Take a left at light. EBBTIDE is on your right, less than a 1/4 mile.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1047619
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 948.33
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • MFR_NumAssignedParkingSpaces: 1
  • Attribution Contact: 941-929-9090
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Open Floorplan, Stone Counters, Thermostat, Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Street Number Modifier: 6610
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 55.74

Exterior Features

  • Exterior Features: Lighting, Outdoor Grill, Outdoor Shower, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure
  • Water Access: Beach,Beach - Access Deeded
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0206G

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool, Sidewalks
  • Association Fee Frequency: Monthly
  • Association Name: Kelly Helm, 941-782-8307
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Building Name Number: EBBTIDE
  • Condo Fees: 650
  • Monthly Condo Fee Amount: 650

Fee Information

  • Total Annual Fees: 7800.00
  • Total Monthly Fees: 650.00
  • Monthly HOA Amount: 0.00

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0108104011
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Daily rerntals allowed.

Multi Family

  • Number Of Units Total: 1
  • Total Num Buildings: 1
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 5036
  • Tax Book Number: 1325-250
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Sep 11, 2024
Sold by
Jziii Llc
Bought by
Ebb Tide 11 Llc
Seller's Agent
William Burns
RE/MAX PLATINUM REALTY
Buyer's Agent
William Burns
RE/MAX PLATINUM REALTY
List Price
$569,000
Sold Price
$569,000
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%

Purchase Details

Closed on
Feb 28, 2020
Sold by
Ebbtide 11 Llc
Bought by
Jziii Llc

Purchase Details

Closed on
Oct 27, 2017
Sold by
Rosenberger Richard and Rosenberger Patricia
Bought by
Ebb Tide 11 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2017
Sold by
Evarts Susan
Bought by
Rosenberger Ricahrd E and Rosenberger Patiricia

Purchase Details

Closed on
Aug 22, 2011
Sold by
Lynch Patricia A
Bought by
Evarts Susan

Purchase Details

Closed on
Jun 1, 1998
Sold by
Teague Anita
Bought by
Lynch Patricia A
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $569,000 None Listed On Document
Warranty Deed $310,000 Attorney
Quit Claim Deed -- Attorney
Warranty Deed $246,000 Attorney
Warranty Deed $127,000 Somers Title Company
Warranty Deed $78,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 New Conventional
Previous Owner $205,000 Stand Alone First
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2025 07/20/25 Price Changed $649,900 +4.0% $1,083 / Sq Ft
06/05/2025 06/05/25 Price Changed $624,900 -3.8% $1,042 / Sq Ft
04/27/2025 04/27/25 For Sale $649,900 +14.2% $1,083 / Sq Ft
09/11/2024 09/11/24 Sold $569,000 0.0% $948 / Sq Ft
09/11/2024 09/11/24 Sold $569,000 0.0% $948 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
08/20/2024 08/20/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $569,000 0.0% $948 / Sq Ft
08/15/2024 08/15/24 For Sale $569,000 -- $948 / 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 $1,267 $336,610 -- --
2023 $1,267 $486,700 $0 $486,700
2022 $1,517 $470,000 $0 $470,000
2021 $3,437 $252,900 $0 $252,900
2020 $3,223 $231,300 $0 $231,300
2019 $3,212 $233,600 $0 $233,600
2018 $3,116 $227,200 $0 $227,200
2017 $2,923 $193,115 $0 $0
2016 $2,727 $197,100 $0 $197,100
2015 $2,526 $173,600 $0 $173,600
2014 $2,407 $131,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4620438

Stellar MLS

APN: 0108-10-4011