NOT LISTED FOR SALE

9028 Midnight Pass Rd Unit 3 Sarasota, FL 34242

Estimated Value: $498,000 - $669,000

2 Beds
2.5 Baths
1,280 Sq Ft
$667/mo HOA Fee

Last Sold January 10, 2019

Last sale price $370,000 $289 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,543/month

2 Days on Market

Highlights

  • 101 Feet of Waterfront
  • Marina
  • Access to Bay or Harbor
  • Phillippi Shores Elementary School Rated A
  • Boat Dock
  • Fishing

About This Home

As of January 2019

RARELY AVAILABLE, WATER FRONT, BOAT DOCK, WEEKLY RENTALS ALLOWED, UPDATED… This beautifully remodeled coastal chic townhome style condo overlooks the kayaking and fishing paradise that is Blind Pass by Turtle Beach. The condo was updated with new stainless steel appliances, coastal chic shaker cabinets with soft close drawers and doors, granite counter tops, and a closet pantry. The upstairs oversize master bedroom has a 16ft long balcony with water views and overlooking the community pool, a coastal chic ensuite bathroom, built in desk and a spacious closet. This community has enough boat slips for every unit and with association approval you can add a lift. The depth at dock ranges from 4ft to 6ft and currently accommodates up to a 25+ ft boat. Watch the dolphins and manatee swim by from the dock. This community is unique in that it allows weekly rentals making this condo perfect for investment as it currently generates $20k to $25k a year with 5 star ratings on VRBO prior to being updated. Small dog or cat allowed for owners. Truly as must see.

Last Agent to Sell the Property

Jon Swift

PREFERRED SHORE LLC License #3323607 Listed on: 12/07/2018

Last Buyer's Agent

Mike Warm

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3337038

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,026

Year Built

  • Built in 1978

Lot Details

  • 101 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Street terminates at a dead end
  • South Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Condo Land Included

HOA Fees

  • $667 Monthly HOA Fees

Property Views

  • Full Bay or Harbor
  • Pool

Home Design

  • Elevated Home
  • Turnkey
  • Shingle Roof
  • Siding
  • Pile Dwellings

Interior Spaces

  • 1,280 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Drapes & Rods
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage Room
  • Inside Utility
  • Attic

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Parking

  • 2 Carport Spaces
  • Parking Garage Space
  • Off-Street Parking
  • Reserved Parking

Outdoor Features

  • Access to Bay or Harbor
  • No Fixed Bridges
  • Property is near a marina
  • First Come-First Served Dock
  • Davits
  • Seawall
  • No Wake Zone
  • Dock made with wood
  • Open Dock
  • Balcony
  • Covered patio or porch
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, pool maintenance
  • Cozy Cove Community
  • Cozy Cove Subdivision
  • Rental Restrictions

Recreation

  • Boat Dock
  • Community Boat Slip
  • Marina
  • Community Pool
  • Fishing

Pet Policy

  • Pet Size Limit
  • 1 Pet Allowed
  • Large pets allowed

Additional Features

  • Community Storage Space
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,026

Year Built

Built in 1978

Lot Details

0

HOA Fees

$667 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Pool Maintenance
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Elevated
  • Construction Materials: Siding
  • Fireplace: Yes
  • Living Area: 1280
  • New Construction: No
  • Year Built: 1978
  • Building Area Total: 1430
  • Directions to Property: Traveling down Clark Rd which turns into Stickney Point, Turn Left onto Midnight Pass Rd, 9028 Midnight pass is 2.8 miles down and on the right.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4421108&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4421108&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.98693
  • Price per Sq Ft: 289.06
  • Close to Original List Price Ratio: 0.98693
  • Ratio: Current Price\Building Area Total: 258.74
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: Two
  • Stories: 3
  • Window Features: Drapes, Rods
  • Street Number Modifier: 9028
  • Room Count: 10
  • Additional Rooms: Attic, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Sidewalk, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • View: Pool, Water
  • Water Body Name: Blind Pass
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Rear Porch
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Partial
  • Water Access: Bay/Harbor
  • Water Extras: Bridges - No Fixed Bridges, Davits, Dock - Open, Dock - Slip 1st Come, Dock - Wood, No Wake Zone, Sailboat Water, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0209F
  • Waterfront Frontage: 101
  • Additional Water Information: Depth at dock at low tide is approximately 4 ft and at high tide 5 to 6 feet. Though docks are first come, there are enough spaces for all unit owners. Docks can be modified with a boat lift with association approval.
  • Water Frontage Feet Bay Harbor: 101
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered, Guest, Off Street, Reserved, Under Building
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fishing, Pool, Water Access, Waterfront
  • Association Amenities: Boat Slip, Cable TV, Boat Dock, Marina, Pool, Storage
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 2000
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 667
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 8000
  • Total Monthly Fees: 666.67

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0129173003
  • Additional Parcels: No
  • Lot Features: Level, Near Marina
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Pet Size: Large (61-100 Lbs.)
  • Minimum Lease: 1 Week
  • Pet Restrictions: See HOA Docs
  • Lease Restrictions Y N: Yes
  • Month To Month Or Weekly Y N: Yes
  • Additional Lease Restrictions: Pet's not allowed for tenants.

Tax Info

  • Tax Annual Amount: 3026
  • Tax Block: 00
  • Tax Book Number: 2116-2187
  • Tax Lot: 00

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2018
Closed on
Jan 10, 2019
Sold by
Slipak Alik and Slipak Lyudmila
Bought by
Isaacs Jack S
Seller's Agent
Jon Swift
PREFERRED SHORE LLC
Buyer's Agent
Mike Warm
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$374,900
Sold Price
$370,000
Premium/Discount to List
-$4,900
-1.31%
Current Estimated Value
$635,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,851
Avg. Annual Appreciation
9.08%
Original Mortgage
$259,000
Outstanding Balance
$230,824
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$424,538

Purchase Details

Closed on
Dec 30, 2015
Sold by
Nutter Ingrid C
Bought by
Slipak Alik and Slipak Lyudmila

Purchase Details

Closed on
Feb 15, 2005
Sold by
Mcpherson Richard and Mcpherson Diana L
Bought by
Nutter Edward and Nutter Ingrid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2004
Sold by
Porter Donald J
Bought by
Mcpherson Richard and Mcpherson Diana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2002
Sold by
Strauss Frank and Strauss Francis J
Bought by
Porter Donald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,200
Interest Rate
6.67%
Source: Public Records

Range of Values:

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Average Value
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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
Isaacs Jack S $370,000 Attorney
Slipak Alik $275,000 Attorney
Nutter Edward $450,000 --
Mcpherson Richard $380,000 Executive Title Insurance Se
Porter Donald J $251,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Isaacs Jack S $259,000
Previous Owner Nutter Edward $359,650
Previous Owner Mcpherson Richard $304,000
Previous Owner Strauss Francis J $261,500
Previous Owner Porter Donald J $201,200
Previous Owner Strauss Francis J $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2019 01/10/19 Sold $370,000 -1.3% $289 / Sq Ft
12/09/2018 12/09/18 Pending -- -- --
12/07/2018 12/07/18 For Sale $374,900 -- $293 / 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 $4,726 $381,465 -- --
2023 $4,726 $382,100 $0 $382,100
2022 $4,350 $348,300 $0 $348,300
2021 $3,923 $286,600 $0 $286,600
2020 $3,880 $278,100 $0 $278,100
2019 $3,770 $286,800 $0 $286,800
2018 $3,301 $240,000 $0 $240,000
2017 $3,026 $210,500 $0 $210,500
2016 $3,493 $241,200 $0 $241,200
2015 $3,251 $216,600 $0 $216,600
2014 $3,572 $217,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4421108

Stellar MLS

APN: 0129-17-3003