NOT LISTED FOR SALE

Bay Tree Club 8635 Midnight Pass Rd Unit C502 Sarasota, FL 34242

Estimated Value: $487,000 - $580,000

2 Beds
2 Baths
1,115 Sq Ft
$830/mo HOA Fee

Last Sold June 07, 2024

Last sale price $512,500 $460 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,780/month

149 Days on Market

Highlights

  • Assigned Boat Slip
  • Access To Intracoastal Waterway
  • Community Pool
  • Phillippi Shores Elementary School Rated A
  • Full Bay or Harbor Views
  • Eat-In Kitchen

About This Home

As of June 2024

New Price! Lowest priced 2 Bedroom Condo in a Gulf to Bay community with Deeded Beach access on Siesta Key! BRING YOUR BOAT***RELAX ON YOUR PRIVATE BEACH***FISH OFF YOUR COMMUNITY DOCKS ***This top-floor, spacious 2-bedroom, 2-bath condo with a lanai has everything you want for living or vacationing on our world-famous and charming Siesta Key. HVAC installed in 2020, Electrical Panel in 2024. Located in one of the four districts of the island, Bay Tree Club on Turtle Beach is known for its large number of loggerhead turtles that nest on the shore. This popular condo complex is a 25-acre gulf and bay community with beautiful old oak trees on well-manicured grounds, featuring two heated pools and inviting BBQ areas. Also, owners are permitted a dog or cat. There are just 3 buildings and 120 units, and every condo owner has a private storage cabana to stow their beach essentials, bikes, umbrellas, and chairs. Additionally, and unique to this complex, for added convenience there are secure restrooms for owners just off the beach. This 5th-floor C building unit has served as a multi-generational winter retreat and year-round vacation spot and has been loved for decades.

Last Agent to Sell the Property

Brian Ward

WATERSIDE REALTY LLC Brokerage Phone: 941-346-7454 License #3254025 Listed on: 12/11/2023

Co-Listed By

Robin Turner

WATERSIDE REALTY LLC Brokerage Phone: 941-346-7454 License #0558287

Last Buyer's Agent

Brian Ward

WATERSIDE REALTY LLC Brokerage Phone: 941-346-7454 License #3254025 Listed on: 12/11/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,743

Year Built

  • Built in 1970

Lot Details

  • Southwest Facing Home

HOA Fees

  • $830 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Property Views

  • Woods

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 1,115 Sq Ft Home
  • Partially Furnished
  • Window Treatments
  • Sliding Doors
  • Laundry Located Outside

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Fishing Pier
  • Deeded access to the beach
  • First Come-First Served Dock
  • Assigned Boat Slip
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, pest control, pool, sewer, trash, water
  • Bay Tree Club/ Arvilla Brito Association, Phone Number (941) 349-7373
  • Visit Association Website
  • Bay Tree Club Community
  • Bay Tree Club Subdivision
  • 5-Story Property

Recreation

Pet Policy

  • Pets up to 35 lbs
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,743

Year Built

Built in 1970

Lot Details

0

HOA Fees

$830 per month

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Pool, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1115
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 1222
  • Directions to Property: Stickney point to midnight pass. Head south to Bay Tree Club. C building is the most easterly building in the complex.
  • Status: Sold
  • Co List Office Mls Id: MFR281505037
  • Co List Office Phone: 941-346-7454
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 5
  • List Office Head Office Key Nume: 1046883
  • Minimum Lease: 2 Weeks
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 459.64
  • 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: 941-346-7454
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Eat-in Kitchen, Thermostat, Window Treatments
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Stories: 5
  • Street Number Modifier: 8635
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 103.59
  • Room Count: 6

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Sliding Doors, Storage
  • Roof: Built-Up
  • Pool Private: No
  • View: Trees/Woods, Water
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Lead Paint
  • Water Access: Bay/Harbor,Beach - Access Deeded,Intracoastal Waterway
  • Water Extras: Assigned Boat Slip,Fishing Pier,Sailboat Water
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Pool
  • Association Name: Bay Tree Club/ Arvilla Brito
  • Phone: 941-349-7373
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: See rules
  • Building Name Number: C
  • Condo Fees: 2491
  • Condo Land Included YN: 0
  • Max Pet Weight: 35
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: baytreeclubsiestakey@gmail.com
  • Monthly Condo Fee Amount: 830
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: https://baytreeclubsiestakey.com/contact/

Fee Information

  • Total Annual Fees: 9964.00
  • Total Monthly Fees: 830.33

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0129011114
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Partially
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: 1 month minimum in high season. 2 week minimum in off season.

Tax Info

  • Tax Annual Amount: 2742.81
  • Tax Block: C
  • Tax Book Number: 4-19
  • Tax Lot: 502

Multi Family

  • Approval Process: Buyer Application

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2023
Closed on
Jun 4, 2024
Sold by
John Richard Cullen Revocable Trust and Cullen Kevin J
Bought by
Rosenblatt Robin L and Rosenblatt Linda S
Seller's Agent
Brian Ward
WATERSIDE REALTY LLC
Buyer's Agent
Brian Ward
WATERSIDE REALTY LLC
List Price
$599,000
Sold Price
$512,500
Premium/Discount to List
-$86,500
-14.44%
Views
70
Current Estimated Value
$496,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,176
Avg. Annual Appreciation
-2.59%

Purchase Details

Closed on
May 1, 2012
Sold by
Cullen John R
Bought by
Cullen John Richard

Purchase Details

Closed on
Jan 28, 1997
Sold by
Hendley Elleanor Jean
Bought by
Cullen John R and Cullen Madeliene T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.77%

Purchase Details

Closed on
Jun 24, 1993
Sold by
Daveney Helen G
Bought by
Hendley Elleanor Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
7.52%
Source: Public Records

Range of Values:

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List Price
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
Rosenblatt Robin L $512,500 None Listed On Document
Cullen John Richard -- Attorney
Cullen John R $140,000 --
Hendley Elleanor Jean $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cullen John R $70,000
Previous Owner Hendley Elleanor Jean $98,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $512,500 -4.2% $460 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
05/03/2024 05/03/24 Price Changed $535,000 -3.6% $480 / Sq Ft
03/12/2024 03/12/24 Price Changed $555,000 -3.5% $498 / Sq Ft
01/16/2024 01/16/24 Price Changed $575,000 -4.0% $516 / Sq Ft
12/16/2023 12/16/23 For Sale $599,000 0.0% $537 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
12/11/2023 12/11/23 For Sale $599,000 -- $537 / 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 $2,782 $414,800 -- $414,800
2023 $2,782 $233,233 $0 $0
2022 $2,743 $226,440 $0 $0
2021 $2,727 $219,845 $0 $0
2020 $2,725 $216,810 $0 $0
2019 $2,626 $211,935 $0 $0
2018 $2,559 $207,983 $0 $0
2017 $2,544 $203,705 $0 $0
2016 $2,380 $335,900 $0 $335,900
2015 $2,421 $305,100 $0 $305,100
2014 $2,501 $193,651 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4590474

Stellar MLS

APN: 0129-01-1114