tomo logo

$575,000

Beds
1
Baths
1.0
sq ft
959

1223 Siesta Bayside Dr Unit 1223, Sarasota, FL 34242

1223 Siesta Bayside Dr Unit 1223

SARASOTA, FL 34242

  • 162 days on market
    • Price drop $20,000↓
A great ground floor unit with NO STORM DAMAGE on Siesta Key! Welcome to Gulf and Bay Club Bayside! Experience the ultimate in resort-style living with top-notch amenities and direct deeded access to the world-renowned Siesta Key Beach. This delightful one-bedroom, one-bath unit features an open floor plan with a spacious living/dining area, a fabulous glassed and screened lanai overlooking lush landscaping, a large eat-in kitchen, and a comfortable bedroom with an updated bath. Convenience is key with an in-unit washer and dryer and a private 1-car garage. Fully turn-key furnished, this charming home is just steps from one of the community's pools. Gulf and Bay Club Bayside enchants with its Key West-inspired architecture and meticulously maintained grounds. Enjoy a scenic walking path, a newly renovated fishing dock, and designated areas for boat loading and unloading. The community offers two pools, pickleball and tennis courts, four BBQ grills, and a clubhouse available for private events. Recent upgrades include new metal roofs and fresh paint on all buildings. Looking for an investment opportunity? This unit offers excellent income potential from weekly rentals with onsite rental management available. Located near Siesta Key Village, you’ll have easy access to fine dining, entertainment, and local shopping. With its stunning white sandy beaches, Siesta Key is the perfect place to relax and enjoy life. Make Gulf and Bay Club Bayside your new home and experience coastal living at its best!

Details

Property type

Condominium

Est. home value

$619,832

Lot size

Unknown

Price per sq ft

$600

Year built

1988

Annual property taxes

$5,791.28

Monthly HOA fee

$1,391.33

Price History

09/03/2024
StellarMLS

StellarMLS #A4617085

Price change
$575,000
-3.36%
07/15/2024
StellarMLS

StellarMLS #A4617085

Listed
$595,000
-0.82%
05/22/2024
StellarMLS

StellarMLS #A4594741

Removed
$599,900

Schools & Community

Elementary school: 

Phillippi Shores Elementary

Middle school: 

Brookside Middle

High school: 

Sarasota High

Community features: 

Gated, Fitness Center, Pool, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$219,531
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$309,469
Cash to seller
$219,531

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Telhio Cu Inc

Loan start date

March 2021

Original loan amount

$337,500

Est. remaining balance

$309,469

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Mary Christine Stermer and Thomas Michael Stermer

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/24/2024 at 8:05 AM

Listing updated: 11/22/2024 at 4:33 PM

Listed by: Fondren Watts, COLDWELL BANKER REALTY Phone #: (941) 383-6411

MLS: StellarMLS #A4617085

StellarMLS logo

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