$437,000
SOLD APR 14, 2025

Bay Tree Club 8625 Midnight Pass Rd Unit 505B Sarasota, FL 34242

1 Bed
1 Bath
697 Sq Ft
$985/mo HOA Fee

Recently Sold

$627 Per Sq Ft

11% Below List Price

60 Days on Market

Highlights

  • Dock has access to electricity
  • Beach Access
  • Oak Trees
  • Phillippi Shores Elementary School Rated A
  • Property fronts an intracoastal waterway
  • Cabana

About This Home

As of April 2025

Attractive New Price! Boaters & Beach Lovers Delight in this picturesque offering .... Location is Key on Siesta ~ True Gulf/Ocean to Bay Property. Offering: Boat Docks & Fishing & Cleaning Stations, Pools, Private Beach Access & Cabanas, BBQ grill areas and so much more...! Milestone Inspection complete & passed! Bay Tree Club offers a slice of paradise with rare & spectacular Gulf/Ocean to Bay access. A boater's delight now that Midnight Pass reopened ~ offering direct access to the Gulf of Mexico! Revel in beautiful sunrises by the bay and magical sunsets on the gulf. Witness the majestic sea turtles during nesting season. All just minutes from your top floor Penthouse style condo. This one-bedroom, one-bathroom home offers 697 square feet of living space in an idyllic well-maintained coastal community. The cheerful layout creates a bright and airy atmosphere, accentuated by the neutral tones and ample natural lighting. The updated kitchen features granite countertops, while the tiled shower in the bathroom provides a modern touch. The living room and dining area are both spacious and inviting. Enjoy unobstructed views of the bay from your Juliet lanai & partial Gulf/Ocean views from your bedroom window. Here residents can experience the serene waterfront location, with direct private access to the beach and private tranquil docks. No additional fees for dock slip usage! The lush landscaping, bay & beachfront setting contribute to the overall peaceful ambiance. Residents can also take advantage of their own private cabanas, boat docks, and access to both the Gulf/Ocean and the Bay. This inviting community is situated within easy access to nearby restaurants, shops, and the infamous Siesta Beach and Siesta Village. With a Trolley stop out front, take advantage of free rides to explore the area further. In addition to fun rides on the Key, hop aboard for a jaunt to Downtown Sarasota with additional Trolleys to popular St. Armands Circle and nearby Longboat Key attractions. The property also provides assigned owner and ample guest parking, as well as private storage, two heated pools (Gulf/Ocean & Bay Side) and two BBQ patio grilling areas (Gulf/Ocean & Bay Side). This property represents boat & beach living at its very best where life is easy, and boaters can enjoy private docks with direct access to the reopened Midnight Pass & beach lovers have the Gulf of Mexico as their backyard. With its updated features, waterfront location, and amenities, this condo offers an ideal living experience. Move in, unpack and relish in beach life. Living is good on Siesta Key! Investors and end users have the potential to enjoy instant income as the seller is willing to leaseback. Take comfort in knowing that this complex completed and passed the Milestone Inspection and that the building had no structural damage from the recent storms. Roofs were replaced in 2020. Being offered furnished/turnkey. This Gulf/Ocean to Bay home is a must see!

Last Agent to Sell the Property

Aurelia Gilbert

COLDWELL BANKER REALTY Brokerage Phone: 941-349-4411 License #3543145

COLDWELL BANKER REALTY

Last Buyer's Agent

Debbie Lane

RE/MAX ALLIANCE GROUP License #0678370

RE/MAX ALLIANCE GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,820

Year Built

  • Built in 1970

Lot Details

  • West Facing Home
  • Mature Landscaping
  • Well Sprinkler System
  • Oak Trees

HOA Fees

  • $985 Monthly HOA Fees

Property Views

  • Woods

Home Design

  • Turnkey
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 697 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Shutters
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Tile
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Dual Closets
  • 1 Full Bathroom
  • Bathtub with Shower

Pool

  • Cabana
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Deeded access to the beach
  • First Come-First Served Dock
  • Dock has access to electricity
  • Exterior Lighting
  • Outdoor Grill
  • Private Mailbox

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 cable TV, pool, internet, maintenance structure, ground maintenance, management, pest control, trash, water
  • Progressive Property Management/Arvilla Britta Association, Phone Number (941) 349-7373
  • Bay Tree Club Community
  • Bay Tree Club Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities
  • Elevator
  • Community Mailbox
  • Community Storage Space

Recreation

  • Fish Cleaning Station

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed
  • Dogs and Cats Allowed
  • Small pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,820

Year Built

Built in 1970

Lot Details

0

HOA Fees

$985 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 697
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 697
  • Directions to Property: Exit 205 (Clark Road) straight to Stickney Point Road West, Turn Left (South) onto Midnight Pass Road to 8625 on left (just past 35 speed limit sign).
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 5
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 2 Weeks
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 626.97
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_BedroomClosetType: Storage Closet
  • MFR_BedroomClosetType: Dual Closets
  • MFR_BedroomClosetType: Coat Closet
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Slip 1st Come,Dock w/Electric,Fish Cleaning Station
  • MFR_DockYN: 1
  • MFR_CommunityAssociationWaterFeatures: Bay/Harbor Front,Boat Slip,Dock,Gulf/Ocean Front,Intracoastal Waterway,Water Access,Waterfront
  • Attribution Contact: 941-349-4411
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Window Treatments
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 1
  • Window Features: Shutters, Window Treatments
  • Street Number Modifier: 8625
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 64.75
  • Room Count: 6

Exterior Features

  • Direction Faces: West
  • Other Structures: Cabana
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Private Mailbox
  • Roof: Built-Up
  • Home Warranty: No
  • Pool Private: No
  • View: Pool, Trees/Woods, Water
  • Water Body Name: SARASOTA INTRACOASTAL WATERWAY
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Bay/Harbor,Beach,Beach - Access Deeded,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Fishing Pier
  • Water Extras YN: 1
  • Water View: Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Additional Water Information: Bay side, Boat docks, Kayak & paddleboard racks, Private beach access, Private cabana on gulf side, BBQ grilling areas on Bay & Gulf side.

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Sprinkler Well, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Common Area, Same Floor As Condo Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Community Mailbox, Pool
  • Association Amenities: Cable TV, Elevator(s), Laundry, Maintenance, Pool, Storage
  • Association Fee: 2956
  • Association Fee Frequency: Quarterly
  • Association Name: Progressive Property Management/Arvilla Britta
  • Phone: 941-349-7373
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Tenants not allowed to have pets.
  • Association Fee Requirement: Required
  • Building Name Number: B
  • Condo Fees: 0
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: baytreeclubsiestakey@gmail.com
  • Pet Size: Small (16-35 Lbs.)
  • Management: Full Time

Fee Information

  • Total Annual Fees: 11824.00
  • Total Monthly Fees: 985.33
  • Monthly HOA Amount: 985.33

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0129011077
  • Additional Parcels: No
  • Lot Features: Landscaped
  • Flood Zone Code: AE
  • Homestead YN: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: One month minimum during season. 2 weeks minimum out of season.

Tax Info

  • Tax Annual Amount: 3819.78
  • Tax Block: B
  • Tax Book Number: 4-19
  • Tax Lot: 505

Multi Family

  • Waterfront Features: Bay/Harbor, Intracoastal Waterway
  • Approval Process: Application approval required.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2025
Closed on
Apr 10, 2025
Sold by
Youngs Holdings Inc
Bought by
Lattime Ronald S and Metcalf-Lattime Kelly
Seller's Agent
Aurelia Gilbert
COLDWELL BANKER REALTY
Buyer's Agent
Debbie Lane
RE/MAX ALLIANCE GROUP
List Price
$489,000
Sold Price
$437,000
Premium/Discount to List
-$52,000
-10.63%
Total Days on Market
60
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.87%
Original Mortgage
$305,900
Outstanding Balance
$305,900
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$139,353

Purchase Details

Closed on
Jun 9, 2021
Sold by
Davis Christopher A and Davis Gretchen W
Bought by
Youngs Holdings Inc

Purchase Details

Closed on
Oct 21, 2016
Sold by
Murawski Daniel A
Bought by
Davis Christopher A and Davis Gretchen W

Purchase Details

Closed on
Aug 6, 2013
Sold by
Murawski Daniel A
Bought by
Murawski Daniel A and Daniel A Murawski Living Trust

Purchase Details

Closed on
Sep 26, 1994
Sold by
Platt Alfred F and Platt Josephine
Bought by
Murawski Daniel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.56%

Map

Range of Values:

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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 $437,000 None Listed On Document
Warranty Deed $300,000 None Available
Warranty Deed $238,000 None Available
Interfamily Deed Transfer -- Attorney
Warranty Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $305,900 New Conventional
Previous Owner $60,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Sold $437,000 -2.9% $627 / Sq Ft
03/03/2025 03/03/25 Pending -- -- --
02/12/2025 02/12/25 Price Changed $450,000 +0.2% $646 / Sq Ft
02/07/2025 02/07/25 Price Changed $449,000 -8.2% $644 / Sq Ft
01/02/2025 01/02/25 For Sale $489,000 -- $702 / Sq Ft
Source: Stellar MLS

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 $3,820 $274,800 -- $274,800
2023 $3,820 $295,700 $0 $295,700
2022 $3,406 $243,400 $0 $243,400
2021 $2,817 $189,300 $0 $189,300
2020 $2,620 $169,100 $0 $169,100
2019 $2,873 $192,400 $0 $192,400
2018 $3,028 $202,180 $0 $0
2017 $2,788 $183,800 $0 $183,800
2016 $3,128 $222,700 $0 $222,700
2015 $2,941 $202,300 $0 $202,300
2014 $2,737 $159,400 $0 $0
Source: Public Records

Source: Stellar MLS

MLS Number: A4632344

Stellar MLS

APN: 0129-01-1077