NOT LISTED FOR SALE

9397 Midnight Pass Rd Unit 506 Sarasota, FL 34242

Estimated Value: $559,148 - $709,000

2 Beds
2 Baths
1,331 Sq Ft
$637/mo HOA Fee

Last Sold March 12, 2020

Last sale price $522,500 $393 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,426/month

88 Days on Market

Highlights

  • 300 Feet of Waterfront
  • White Water Ocean Views
  • Fitness Center
  • Phillippi Shores Elementary School Rated A
  • Water access To Gulf or Ocean To Bay
  • Heated In Ground Pool

About This Home

As of March 2020

ENJOY THE BEAUTY AND SERENITY OF ISLAND LIFE with PANORAMIC VIEWS of the Gulf and the Bay! This two bedroom, two bath unit on the southernmost end of Siesta Key affords incomparable views - wake to awe-inspiring sunrises over Neville Preserve on Little Sarasota Bay and marvel at the spectacular sunsets over the Gulf of Mexico. The unit has been beautifully renovated to include trey ceilings and recessed lighting throughout, solid-wood cabinets with granite counter-tops, SS appliances, a breakfast bar and closet pantry in the kitchen; exquisite contemporary baths tiled floor to ceiling; new paint; ceramic tile flooring throughout; window treatments including sun control shades on the lanai; and all new sleek white wood interior doors. A utility room off the lanai houses the washer/dryer and a ground level storage bin provides coveted space for beach and golf gear. Located at the southernmost tip of Siesta Key, this gated community is beautifully landscaped and features every amenity: a heated pool and spa, lighted tennis court, private boat docks, kayak and canoe racks and docking, a newly and beautifully renovated club house, sauna, fitness center, an island pavilion with grills, and on-site management. Brand new seawall surrounding the property completed in 2018. This five plus acre property is conveniently located just a few minutes walk from Turtle Beach and three restaurants. This is a must see!

Last Agent to Sell the Property

Robert Ruiz

WILLIAM RAVEIS REAL ESTATE License #3011084 Listed on: 10/22/2019

WILLIAM RAVEIS REAL ESTATE

Last Buyer's Agent

Joe Brown

MICHAEL SAUNDERS & COMPANY License #3121045

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,035

Year Built

  • Built in 1975

Lot Details

  • 300 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • West Facing Home
  • Irrigation

HOA Fees

  • $637 Monthly HOA Fees

Parking

  • 1 Carport Space

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,331 Sq Ft Home
  • Furnished
  • Tray Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • Fishing Pier
  • No Fixed Bridges
  • First Come-First Served Dock
  • Dock has access to water
  • Seawall
  • Exterior Lighting
  • Outdoor Storage

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, electricity, escrow reserves fund, maintenance structure, ground maintenance, manager, pest control, pool maintenance, recreational facilities, sewer, trash, water
  • Jan Galik/Casey Management Association, Phone Number (941) 349-6336
  • Visit Association Website
  • Pointe On Midnight Pass Community
  • Pointe On Midnight Pass Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 10-Story Property

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Fishing

Pet Policy

  • Pets up to 35 lbs
  • 1 Pet Allowed

Additional Features

  • Elevator
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,035

Year Built

Built in 1975

Lot Details

0

HOA Fees

$637 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Electricity, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1331
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1331
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4448625?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4448625?w=Customer
  • Floor Number: 5
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.97664
  • Price per Sq Ft: 392.56
  • Close to Original List Price Ratio: 0.97664
  • Ratio: Current Price\Building Area Total: 392.56
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Direction Faces: West
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Irrigation System, Lighting, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Water View: Bay/Harbor - Full, Gulf/Ocean - Full, Intracoastal Waterway
  • Water Access: Bay/Harbor, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip 1st Come, Dock w/Electric, Dock w/Water Supply, 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: 300
  • Water Frontage Feet I C W: 300

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • 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 Fee Frequency: Quarterly
  • Association Name: Jan Galik/Casey Management
  • Phone: 941-349-6336
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 1910
  • Condo Fees Term: Quarterly
  • Association Website: www.thepointeonsiestakey.com
  • Association Email: thepointe9390@gmail.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 637
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7640
  • Total Monthly Fees: 636.67

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0131131025
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: 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
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Rules and Regulations

Tax Info

  • Tax Annual Amount: 5035
  • Tax Block: A
  • Tax Book Number: 8-45
  • Tax Lot: 506

Multi Family

  • Waterfront Features: Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2019
Closed on
Mar 12, 2020
Sold by
Zych Eugene and Zych Krystyna
Bought by
Thomas William B and Thomas Pamela S
Seller's Agent
Robert Ruiz
WILLIAM RAVEIS REAL ESTATE
Buyer's Agent
Joe Brown
MICHAEL SAUNDERS & COMPANY
List Price
$535,000
Sold Price
$522,500
Premium/Discount to List
-$12,500
-2.34%
Current Estimated Value
$624,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,287
Avg. Annual Appreciation
3.16%
Original Mortgage
$240,000
Outstanding Balance
$212,149
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$412,638

Purchase Details

Listed on
Mar 7, 2013
Closed on
May 29, 2013
Sold by
Declarat Schoenhals Dds Donald and Declarat Donald Schoenhals Dds
Bought by
Zych Eugene and Zych Krystyna
Seller's Agent
Robert Ruiz
WILLIAM RAVEIS REAL ESTATE
Buyer's Agent
Cheryl Guentner
RE/MAX PALM
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%

Purchase Details

Closed on
Oct 30, 1998
Sold by
Schoenhals Donald and Schoenhals Katherine V
Bought by
Schoenhals Donald

Purchase Details

Closed on
Mar 23, 1998
Sold by
Rosenberg Jack
Bought by
Schoenhals Donald and Schoenhals Katherine V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,100
Interest Rate
6.99%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thomas William B $522,500 Msc Title Inc
Zych Eugene $375,000 Attorney
Schoenhals Donald -- --
Schoenhals Donald $186,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas William B $240,000
Previous Owner Schoenhals Donald $149,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2020 03/12/20 Sold $522,500 -2.3% $393 / Sq Ft
01/18/2020 01/18/20 Pending -- -- --
10/22/2019 10/22/19 For Sale $535,000 +42.7% $402 / Sq Ft
05/29/2013 05/29/13 Sold $375,000 -6.0% $280 / Sq Ft View Prior Sale
04/15/2013 04/15/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $399,000 -- $298 / 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 $6,147 $473,969 -- --
2023 $6,147 $539,900 $0 $539,900
2022 $5,549 $474,900 $0 $474,900
2021 $4,750 $356,100 $0 $356,100
2020 $4,996 $369,100 $0 $369,100
2019 $5,120 $382,900 $0 $382,900
2018 $5,035 $392,700 $0 $392,700
2017 $4,452 $324,500 $0 $324,500
2016 $4,544 $324,500 $0 $324,500
2015 $4,567 $319,700 $0 $319,700
2014 $4,126 $245,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Robert Ruiz

    WILLIAM RAVEIS REAL ESTATE

    (941) 894-1255

    28 in this area

    64 Total Sales

    Robert Ruiz
    Section Image

  • J

    Buyer's Agent in 2020

    Joe Brown

    Michael Saunders

    (941) 587-6185

    2 in this area

    4 Total Sales

    Joe Brown
    Section Image

  • S

    Seller Co-Listing Agent in 2013

    Sheri Lasley

    WILLIAM RAVEIS REAL ESTATE

    (941) 894-1255

    2 in this area

    5 Total Sales

    Sheri Lasley
    Section Image
  • Cheryl Guentner

    Buyer's Agent in 2013

    Cheryl Guentner

    RE/MAX PALM

    (941) 302-9091

    3 in this area

    14 Total Sales

    Cheryl Guentner
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4448625

Stellar MLS

APN: 0131-13-1025

Florida Sarasota County Sarasota 34242

9397 Midnight Pass Rd Unit 506, Sarasota, FL

Not Listed for Sale

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