NOT LISTED FOR SALE

9240 Midnight Pass Rd Unit B Sarasota, FL 34242

Estimated Value: $950,000 - $1,182,000

3 Beds
2 Baths
2,000 Sq Ft
$600/mo HOA Fee

Last Sold August 02, 2022

Last sale price $1,000,000 $500 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,131/month

3 Days on Market

Highlights

  • 400 Feet of Waterfront
  • Boat Dock
  • Fishing
  • Phillippi Shores Elementary School Rated A
  • Fishing Pier
  • Gated Community

About This Home

As of August 2022

Looking to own a piece of paradise? Here's a great way to buy 2 waterfront units for the price of one! So many possibilities here: investment with excellent short term vacation rental history, can be rented annual, seasonal or for your own personal use; rent one live in one, rent both, or open it up and have one BIG unit for year round enjoyment. Located at the south end of Siesta just past Turtle Beach on the water with water access. Heated Pool for year around enjoyment. How many condos on the key have a 2 car garage? This is a MUST SEE. New hurricane doors and windows, newer AC's and appliances. Waterfront on a canal, fishing, paddleboard, kayak, canoe, or boat right from your dock! Amazing opportunity to have 2 condos on Siesta: Downstairs is a turn-key* furnished 1 bed/ 1 bath with a 1 car garage. Upstairs is also a turn-key* furnished 2 bed/1 bath with a one car garage. Laundry on site in the garage and in the 1 bedroom unit. Water/Sewer, Common area Electric, pest control, heated community pool, ground maint. free living all included in low monthly HOA. Walk to Turtle Beach. *Select artwork does not convey

Last Agent to Sell the Property

Raffilena Hamilton

GOOD LIFE REALTY LLC License #3190826 Listed on: 06/23/2022

Last Buyer's Agent

Bruce Rush

RE/MAX ALLIANCE GROUP License #3401881

RE/MAX ALLIANCE GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,623

Year Built

  • Built in 1979

Lot Details

  • 400 Feet of Waterfront
  • Property fronts a saltwater canal
  • Street terminates at a dead end

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Parking Garage Space
  • Open Parking

Property Views

  • Canal
  • Pool

Home Design

  • Bi-Level Home
  • Turnkey
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,000 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Engineered Wood
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Fishing Pier
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Seawall
  • No Wake Zone
  • Dock made with concrete
  • Dock made with wood
  • Balcony
  • Covered Patio or Porch

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • 2 Units
  • Mid-Rise Condominium
  • Starlite Roof Community
  • Starlite Roof Subdivision

Recreation

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

Pet Policy

  • Pets Allowed
  • 2 Pets Allowed

Additional Features

  • Gross Income $88,247
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,623

Year Built

Built in 1979

Lot Details

0

HOA Fees

$600 per month

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2000
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 3195
  • Directions to Property: Midnight Pass Road south almost to the end last gated complex on the right before the Pointe
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4539972?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4539972?w=Customer
  • Unit Count: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Property Description: Mid Rise
  • Call Center Phone Number: 941-685-2441
  • Ratio: Close Price\List Price: 1.00503
  • Price per Sq Ft: 500
  • Close to Original List Price Ratio: 1.00503
  • Ratio: Current Price\Building Area Total: 312.99
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Engineered Hardwood, Laminate, Vinyl
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Yn: No
  • Street Number Modifier: 9240
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Balcony, Sliding Doors
  • Roof: Membrane
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • View: Pool, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio, Porch
  • Road Surface Type: Paved, Concrete
  • Water View: Canal
  • Water Access: Canal - Saltwater
  • Water Extras: Bridges - No Fixed Bridges, Dock - Concrete, Dock - Wood, Fishing Pier, No Wake Zone, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0209F
  • Waterfront Frontage: 400
  • Water Frontage Feet Canal Salt: 400
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Under Building
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Sprinkler Meter, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fishing, Gated Community, Pool, Water Access, Waterfront
  • Association Amenities: Boat Slip, Boat Dock, Gated, Pool
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 600
  • Condo Fees Term: Monthly
  • Monthly Condo Fee Amount: 600
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 7200
  • Total Monthly Fees: 600

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0131122002
  • Additional Parcels: No
  • Lot Features: Near Public Transit, Sidewalk
  • Lot Dimensions: 0
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Multi Family

  • Gross Income: 88247
  • Number Of Units Total: 2
  • Waterfront Features: Canal - Saltwater

Tax Info

  • Tax Annual Amount: 5623
  • Tax Book Number: 10-28
  • Tax Lot: B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Aug 2, 2022
Sold by
9240 Midnight Pass Road Llc
Bought by
Howard William T and Howard Mary D
Seller's Agent
Raffilena Hamilton
GOOD LIFE REALTY LLC
Buyer's Agent
Bruce Rush
RE/MAX ALLIANCE GROUP
List Price
$995,000
Sold Price
$1,000,000
Premium/Discount to List
$5,000
0.5%
Current Estimated Value
$1,045,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,484
Avg. Annual Appreciation
1.25%
Original Mortgage
$647,200
Outstanding Balance
$624,137
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$414,466

Purchase Details

Listed on
Jul 29, 2020
Closed on
Sep 11, 2020
Sold by
Assor Hanania and Diamond Harvey
Bought by
9240 Midnight Pass Road Llc
Seller's Agent
Raffilena Hamilton
GOOD LIFE REALTY LLC
Buyer's Agent
Raffilena Hamilton
GOOD LIFE REALTY LLC
List Price
$520,000
Sold Price
$510,000
Premium/Discount to List
-$10,000
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.80%

Purchase Details

Closed on
Jan 19, 2011
Sold by
Assor Hanania
Bought by
Assor Hanania and Diamond Harvey

Purchase Details

Closed on
Oct 29, 2010
Sold by
Blonshine Nancy M
Bought by
Assor Hanania

Purchase Details

Closed on
Feb 2, 2007
Sold by
Blonshine Nancy M
Bought by
Blonshine Nancy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
6.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 4, 2006
Sold by
Blonshine Nancy M
Bought by
Blonshine Nancy M and The Blonshine Trust

Purchase Details

Closed on
Jun 23, 2005
Sold by
Alward Herbert
Bought by
Blonshine Nancy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 28, 2003
Sold by
Sterling 2000 Ltd Ptnr
Bought by
Alward Herbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.97%
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
Howard William T $1,000,000 Guerin Kirsten E
9240 Midnight Pass Road Llc $510,000 Attorney
Assor Hanania -- Attorney
Assor Hanania $253,600 Attorney
Blonshine Nancy M -- None Available
Blonshine Nancy M -- None Available
Blonshine Nancy M $940,000 Global Title Services
Alward Herbert $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard William T $647,200
Previous Owner Assor Hanania $350,000
Previous Owner Blonshine Nancy M $194,000
Previous Owner Blonshine Nancy M $705,000
Previous Owner Blonshine Nancy M $141,000
Previous Owner Blonshine Nancy M $79,400
Previous Owner Alward Herbert $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2022 08/02/22 Sold $1,000,000 0.0% $500 / Sq Ft
08/02/2022 08/02/22 Sold $1,000,000 +0.5% $500 / Sq Ft
07/05/2022 07/05/22 Off Market $995,000 -- --
07/05/2022 07/05/22 Off Market $995,000 -- --
06/27/2022 06/27/22 Pending -- -- --
06/27/2022 06/27/22 Price Changed $995,000 0.0% $498 / Sq Ft
06/27/2022 06/27/22 For Sale $995,000 0.0% $498 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $995,000 +2.1% $498 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $975,000 +91.2% $488 / Sq Ft
09/11/2020 09/11/20 Sold $510,000 -1.9% $255 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $520,000 0.0% $260 / Sq Ft
08/22/2020 08/22/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $520,000 0.0% $260 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $520,000 0.0% $260 / Sq Ft
05/31/2019 05/31/19 Rented $1,800 0.0% --
05/01/2019 05/01/19 For Rent $1,800 0.0% --
03/11/2018 03/11/18 Rented $1,800 0.0% --
02/12/2018 02/12/18 Under Contract -- -- --
01/07/2018 01/07/18 For Rent $1,800 0.0% --
07/09/2017 07/09/17 Off Market $1,800 -- --
04/06/2017 04/06/17 Rented $1,800 0.0% --
03/17/2017 03/17/17 For Rent $1,800 0.0% --
03/17/2017 03/17/17 Rented $1,800 -- --
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 $10,013 $818,300 -- $818,300
2023 $10,013 $798,800 $0 $798,800
2022 $7,081 $584,500 $0 $584,500
2021 $5,858 $430,100 $0 $430,100
2020 $5,923 $427,300 $0 $427,300
2019 $5,419 $391,000 $0 $391,000
2018 $5,160 $375,300 $0 $375,300
2017 $4,703 $328,800 $0 $328,800
2016 $4,313 $307,500 $0 $307,500
2015 $4,200 $298,100 $0 $298,100
2014 $3,663 $221,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4539972

Stellar MLS

APN: 0131-12-2002