NOT LISTED FOR SALE

Jamaica Royale 5830 Midnight Pass Rd Unit 802 Sarasota, FL 34242

Estimated Value: $1,322,423 - $1,435,000

2 Beds
2 Baths
1,285 Sq Ft
$980/mo HOA Fee

Last Sold May 16, 2022

Last sale price $1,407,000 $1,095 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $9,298/month

19 Days on Market

Highlights

  • 1,200 Feet of Waterfront
  • Beach View
  • Heated In Ground Pool
  • Phillippi Shores Elementary School Rated A
  • Beach Access
  • End Unit

About This Home

As of May 2022

Direct beachfront condominiums like this are rarely available on Siesta Key. This eighth floor residence atop the Jamaica Royale is among the best Vacation rental condominiums on the island. Unobstructed views of Crescent beach can be enjoyed to the south, west and the north. The two bedroom floor plan features an open kitchen area and an updated floor plan. This is a must see if you are looking for an income producing property on Siesta Key’s award winning beach. On-site management keeps the rental revenue flowing throughout the year.

Last Agent to Sell the Property

Perry Corneau

COMPASS FLORIDA LLC License #0547788 Listed on: 03/16/2022

COMPASS FLORIDA LLC

Co-Listed By

Greg Krome

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3413633

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Greg Krome

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3413633

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,233

Year Built

  • Built in 1976

Lot Details

  • End Unit
  • Southwest Facing Home
  • Condo Land Included

HOA Fees

  • $980 Monthly HOA Fees

Parking

  • 1 Carport Space

Property Views

Home Design

  • Turnkey
  • Slab Foundation
  • Concrete Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,285 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Inside Utility
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Balcony

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, manager, pest control, pool maintenance, recreational facilities, security, sewer, trash
  • Jamaica Royale Association, Phone Number (941) 349-1800
  • Mid-Rise Condominium
  • Jamaica Royale Community
  • Jamaica Royale Tower II Subdivision
  • Association Owns Recreation Facilities
  • Rental Restrictions
  • 8-Story Property

Amenities

  • Elevator

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,233

Year Built

Built in 1976

Lot Details

0

HOA Fees

$980 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 1285
  • New Construction: No
  • Year Built: 1976
  • Building Area Total: 1644
  • Directions to Property: Midnight Pass Road to 5830 Midnight Pass Road
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4528407?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4528407?w=Customer
  • Floor Number: 8
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Property Description: Corner Unit, Mid Rise
  • Ratio: Close Price\List Price: 0.90774
  • Price per Sq Ft: 1094.94
  • Close to Original List Price Ratio: 0.90774
  • Ratio: Current Price\Building Area Total: 855.84
  • View: Yes
  • Co List Office Mls Id: 281519790
  • Co List Office Phone: 941-364-4000
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Solid Surface Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: No
  • Stories: 8
  • Window Features: Blinds
  • Street Number Modifier: 5830
  • Room Count: 4
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony
  • Roof: Concrete
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Road Surface Type: Asphalt, Paved
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: Beach, Beach - Access Deeded, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0143F
  • Waterfront Frontage: 1200
  • Water Frontage Feet Beach Prvt: 600
  • Water Frontage Feet Gulf Ocean: 600
  • Disclosures: Condominium Disclosure Available, Lead Paint

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Water Access, Waterfront
  • Association Name: Jamaica Royale
  • Phone: 941-349-1800
  • Association: No
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 2940
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 980
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 11760
  • Total Monthly Fees: 980

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105135138
  • Additional Parcels: No
  • Lot Dimensions: 0
  • Flood Zone Code: VE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Turnkey
  • Minimum Lease: 1 Week
  • Num Timesper Year: 52
  • Lease Restrictions Y N: Yes
  • Month To Month Or Weekly Y N: Yes
  • Additional Lease Restrictions: Weekly rentals. On-site rental office.

Tax Info

  • Tax Annual Amount: 8233
  • Tax Book Number: 1111-116
  • Tax Lot: 802

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2015
Sold by
Mcguirk Family Limited Partnership
Bought by
Mcguirk Gary F and Mcguirk Diane E
Current Estimated Value
$1,360,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Outstanding Balance
$103,215
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$1,260,333

Purchase Details

Closed on
Jan 26, 2006
Sold by
Mcguirk Gary F and Mcguirk Charlene A
Bought by
Mcguirk Family Lp

Purchase Details

Closed on
Nov 23, 2004
Sold by
Overdorf David H and Overdorf Shari A
Bought by
Mcguirk Gary F and Mcguirk Charlene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$845,000
Interest Rate
5.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 1, 1999
Sold by
Goddier Barbara Joan
Bought by
Overdorf David H and Overdorf Sahri A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcguirk Gary F -- Attorney
Mcguirk Family Lp $488,500 Attorney
Mcguirk Gary F $1,300,000 --
Overdorf David H $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcguirk Gary F $245,000
Previous Owner Mcguirk Gary F $195,000
Previous Owner Mcguirk Gary F $845,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Sold $1,407,000 -9.2% $1,095 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $1,550,000 -- $1,206 / 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 $13,592 $1,151,000 -- $1,151,000
2023 $13,592 $1,134,300 $0 $1,134,300
2022 $10,317 $984,100 $0 $984,100
2021 $8,233 $660,500 $0 $660,500
2020 $6,897 $523,200 $0 $523,200
2019 $7,703 $592,500 $0 $592,500
2018 $9,586 $744,300 $0 $744,300
2017 $9,390 $703,780 $0 $0
2016 $8,644 $639,800 $0 $639,800
2015 $7,890 $565,900 $0 $565,900
2014 $8,202 $533,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Perry Corneau

    Seller's Agent in 2022

    Perry Corneau

    COMPASS FLORIDA LLC

    (941) 650-4626

    3 in this area

    86 Total Sales

    Perry Corneau
    Section Image
  • Greg Krome

    Seller Co-Listing Agent in 2022

    Greg Krome

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 702-0303

    5 in this area

    14 Total Sales

    Greg Krome
    Section Image
See All Agents

About Jamaica Royale

Map

Source: Stellar MLS

MLS Number: A4528407

Stellar MLS

APN: 0105-13-5138

Florida Sarasota County Sarasota 34242

5830 Midnight Pass Rd Unit 802, Sarasota, FL

This home is located at 5830 Midnight Pass Rd Unit 802, Sarasota, FL 34242 since 16 March 2022 and is currently estimated at $1,360,606, approximately $1,058 per square foot. This property was built in 1976. 5830 Midnight Pass Rd Unit 802 is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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