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5970 MIDNIGHT PASS RD #172 Sarasota, FL 34242
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Key Details
Sold Price $465,000
Property Type Condo
Sub Type Condo - Hotel
Listing Status Sold
Purchase Type For Sale
Square Footage 972 sqft
Price per Sqft $478
Subdivision Palm Bay Club Iii
MLS Listing ID A4484481
Sold Date 01/21/21
Bedrooms 1
Full Baths 1
Half Baths 1
Condo Fees $1,601
Construction Status Inspections
HOA Y/N No
Year Built 1975
Annual Tax Amount $4,933
Property Description
Siesta Key Beach - #1 Beach in America! You can own your own slice of paradise in one of the most beautiful areas. This one bedroom, one and a half bath condo on the Gulf side of the Palm Bay Club packs a lot of punch. With year round, short term rentals permitted, you can use the unit when you want (and escape the cold winters) and then rent it out to off set expenses. The kitchen, baths, and floors and furniture have been updated by the current owner in the last 5 years. It includes beach friendly tile floors throughout, granite countertops, excellent storage, and a high-end sleeper sofa. Four guests are permitted in this one bedroom unit. The owner grossed $38K in 2019, over $36 in 2018, $32K in 2017, and $38K in 2016. The income varied based on owner usage. Palm Bay Club is a Gulf-to-Bay resort style complex with on-site rental management, 2 pools, tennis court, pickle ball court, barbecue grills, boat docks for daily rental, fishing pier, and of course - private access to the powder sand of Siesta Beach. Siesta Key Village is just a short drive away to restaurants and shopping. Being sold turnkey furnished and in excellent shape, this unit is ready to go!
Location
State FL
County Sarasota
Community Palm Bay Club Iii
Interior
Interior Features Ceiling Fans(s), Living Room/Dining Room Combo, Solid Surface Counters, Thermostat, Walk-In Closet(s), Window Treatments
Heating Central, Electric
Cooling Central Air
Flooring Ceramic Tile
Furnishings Turnkey
Fireplace false
Appliance Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Laundry Laundry Room, Outside
Exterior
Exterior Feature Balcony, Sliding Doors
Garage Covered, Guest, Open
Community Features Buyer Approval Required, Deed Restrictions, Fishing, Fitness Center, Pool, Tennis Courts, Water Access, Waterfront
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Amenities Available Boat Slip, Cable TV, Dock, Elevator(s), Fitness Center, Laundry, Maintenance, Optional Additional Fees, Pool, Recreation Facilities, Tennis Court(s)
Waterfront true
Waterfront Description Gulf/Ocean
Water Access 1
Water Access Desc Bay/Harbor,Beach - Access Deeded,Beach - Private,Gulf/Ocean
Roof Type Built-Up
Parking Type Covered, Guest, Open
Garage false
Private Pool No
Building
Story 3
Entry Level One
Foundation Slab
Lot Size Range Non-Applicable
Sewer Public Sewer
Water Public
Architectural Style Other
Structure Type Block,Stucco
New Construction false
Construction Status Inspections
Schools
Elementary Schools Phillippi Shores Elementary
Middle Schools Brookside Middle
High Schools Sarasota High
Others
Pets Allowed No
HOA Fee Include Cable TV,Pool,Escrow Reserves Fund,Internet,Maintenance Structure,Maintenance Grounds,Management,Pest Control,Pool,Recreational Facilities,Sewer,Trash,Water
Senior Community No
Ownership Fee Simple
Monthly Total Fees $533
Acceptable Financing Cash, Conventional
Membership Fee Required None
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with MICHAEL SAUNDERS & COMPANY
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