NOT LISTED FOR SALE

9397 Midnight Pass Rd Unit 402 Sarasota, FL 34242

Estimated Value: $510,868 - $658,000

2 Beds
2 Baths
1,029 Sq Ft
$543/mo HOA Fee

Last Sold March 01, 2019

Last sale price $420,000 $408 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,082/month

79 Days on Market

Highlights

  • 700 Feet of Waterfront
  • White Water Ocean Views
  • Access To Intracoastal Waterway
  • Phillippi Shores Elementary School Rated A
  • Boat Dock
  • Fitness Center

About This Home

As of March 2019

If you seek INCREDIBLE VIEWS, look no further. Surrounded by water on three sides, enjoy the panoramic vistas on the southernmost end of Siesta Key. Look from the lanai to the east at scenic Neville Preserve and Little Sarasota Bay with their abundance of birds and sea life. The front of the unit overlooks the Gulf of Mexico and is the perfect location from which to enjoy the spectacular Siesta Key sunsets with friends and neighbors. Furnished, move right into this very lovely, well maintained 4th floor 2/2. The spacious lanai stretches across the back of the unit and is the ideal space to enjoy the views. New hurricane rated windows and newer water heaters. The unit includes a washer/dryer in a closeted utility room off the lanai and a ground level storage unit which provides coveted space for beach and golf gear. An assigned covered parking space is conveniently located. A gated community, The Pointe is beautifully landscaped and features every amenity: a heated pool and spa, lighted tennis court, private boat docks, kayak and canoe racks and launch, exercise room, men's and women's saunas, club house, and even its own private island with gazebo and grills. This five plus acre property is conveniently located just a few minutes walk from Turtle Beach and three restaurants. Come visit the less traveled, more tranquil end of the Key and enjoy the walking and bike paths under tree-lined Midnight Pass Road.

Last Agent to Sell the Property

Robert Ruiz

WILLIAM RAVEIS REAL ESTATE License #3011084 Listed on: 11/15/2018

WILLIAM RAVEIS REAL ESTATE

Last Buyer's Agent

Tony Cacciatore

KELLER WILLIAMS ON THE WATER S License #3291892

KELLER WILLIAMS ON THE WATER S

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,382

Year Built

  • Built in 1975

Lot Details

  • 700 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $543 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,029 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Sauna

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Guest Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Outdoor Shower

Outdoor Features

  • Access To Intracoastal Waterway
  • Fishing Pier
  • Access to Bay or Harbor
  • No Fixed Bridges
  • First Come-First Served Dock
  • Seawall
  • Enclosed 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
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, escrow reserves fund, fidelity bond, maintenance structure, ground maintenance, manager, pest control, pool maintenance, private road, security, sewer, trash, water
  • High-Rise Condominium
  • Pointe On Midnight Pass Community
  • Pointe On Midnight Pass Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 10-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Boat Dock
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing

Pet Policy

  • Pets up to 35 lbs
  • Pet Size Limit
  • 1 Pet Allowed

Security

  • Security Service
  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,382

Year Built

Built in 1975

Lot Details

0

HOA Fees

$543 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Fidelity Bond, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1029
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1331
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4418300&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4418300&cview=true&show_results=true&customer_portal=true
  • Floor Number: 4
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Property Description: High Rise
  • Ratio: Close Price\List Price: 0.96552
  • Price per Sq Ft: 408.16
  • Close to Original List Price Ratio: 0.96552
  • Ratio: Current Price\Building Area Total: 315.55
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 10
  • Window Features: Blinds
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Other Structures: Tennis Court(s)
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sauna, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed
  • Water View: Bay/Harbor - Full, Gulf/Ocean - Full, Intracoastal Waterway
  • Water Access: Bay/Harbor, Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip 1st Come, Fishing Pier, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0209F
  • Waterfront Frontage: 700
  • Water Frontage Feet I C W: 200
  • Water Frontage Feet Bay Harbor: 500

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Guest
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Fitness, Gated Community, Pool, Sidewalk, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Cable TV, Clubhouse, Boat Dock, Elevator(s), Fitness Center, Gated, Laundry, Lobby Key Required, Pool, Sauna, Security, Spa/Hot Tub, Storage, Tennis Court(s)
  • Association Fee: 1630
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Senior Community: No
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 6520
  • Monthly HOA Fee: 543.33
  • Total Monthly Fees: 543.33

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0131131014
  • Additional Parcels: No
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 35
  • Minimum Lease: 3 Months
  • Approval Process: Application and Fee
  • Num Timesper Year: 4
  • Pet Restrictions: Owners only. See pet restrictions.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Rules and Regulations

Tax Info

  • Tax Annual Amount: 4382
  • Tax Block: A
  • Tax Book Number: 8-45
  • Tax Lot: 402

Multi Family

  • Waterfront Features: Bay/Harbor, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2018
Closed on
Feb 28, 2019
Sold by
Knippel John F and Knippel Teresa A
Bought by
Gibbs Steven Michael and Gibbs Sherry M
Seller's Agent
Robert Ruiz
WILLIAM RAVEIS REAL ESTATE
Buyer's Agent
Tony Cacciatore
KELLER WILLIAMS ON THE WATER S
List Price
$435,000
Sold Price
$420,000
Premium/Discount to List
-$15,000
-3.45%
Current Estimated Value
$588,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,967
Avg. Annual Appreciation
5.11%

Purchase Details

Listed on
Mar 30, 2012
Closed on
Dec 5, 2012
Sold by
Skop Arthur L and Skop Sandra R
Bought by
Knippel John F and Knippel Teresa A
List Price
$349,900
Sold Price
$322,500
Premium/Discount to List
-$27,400
-7.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%
Original Mortgage
$258,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2008
Sold by
Ray Robert A and Ray Jean D
Bought by
Skop Arthur L and Skop Sandra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2000
Sold by
Porterfield Jeffrey C and Porterfield Vivienne B
Bought by
Ray Robert A and Ray Jean D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,500
Interest Rate
8.11%

Purchase Details

Closed on
Jun 25, 1999
Sold by
William M Dunne & Assoc Ltd
Bought by
Porterfield Jeffrey C and Porterfield Vivienne B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.27%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gibbs Steven Michael $420,000 Attorney
Knippel John F $322,500 Attorney
Skop Arthur L $410,000 Attorney
Ray Robert A $267,500 --
Porterfield Jeffrey C $205,000 --
Porterfield Jeffrey C $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knippel John F $258,000
Previous Owner Skop Arthur L $328,000
Previous Owner Ray Robert A $177,500
Previous Owner Porterfield Jeffrey C $164,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2019 03/01/19 Sold $420,000 -3.4% $408 / Sq Ft
02/02/2019 02/02/19 Pending -- -- --
11/15/2018 11/15/18 For Sale $435,000 +34.9% $423 / Sq Ft
12/07/2012 12/07/12 Sold $322,500 -7.8% $313 / Sq Ft View Prior Sale
10/19/2012 10/19/12 Pending -- -- --
03/30/2012 03/30/12 For Sale $349,900 -- $340 / 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 $5,404 $431,350 -- --
2023 $5,404 $471,700 $0 $471,700
2022 $4,842 $409,000 $0 $409,000
2021 $4,152 $307,100 $0 $307,100
2020 $4,348 $317,200 $0 $317,200
2019 $4,444 $328,500 $0 $328,500
2018 $4,710 $350,900 $0 $350,900
2017 $4,382 $319,000 $0 $319,000
2016 $4,473 $319,000 $0 $319,000
2015 $4,396 $314,300 $0 $314,300
2014 $3,987 $240,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4418300

Stellar MLS

APN: 0131-13-1014