tomo logo

$750,000

Beds
2
Baths
2.0
sq ft
921

5830 Midnight Pass Rd Unit 109, Sarasota, FL 34242

5830 Midnight Pass Rd Unit 109

SARASOTA, FL 34242

  • 220 days on market
Rarely available updated 2 bedroom/2 bath income producing Siesta Key gem! Turnkey ready for occupancy as your own island lifestyle retreat or a lucrative rental investment. Its perfectly located on the beach/gulf side. Going out the back door takes you to a private path to stroll directly to Jamaica Royale’s exclusive Siesta Key beach entrance where you can soak up the sun, bask in the warm waters of the Gulf or take in the beauty of the Siesta Key sunsets. The complex has 3 heated pools, shuffleboard, gas grills, tiki huts and lots of green space to relax and enjoy the key life style. Your private patio serves to further enhance the Siesta Key experience where you can dine or unwind after a day on the beach. Inside is light and bright with a flowing open floor plan that boasts modern coastal style with distressed driftwood furniture, wood plantation blinds throughout, all wood beveled shaker cabinets, sparkling quartz countertop with a mosaic backsplash, newer appliances and country ash luxury vinyl flooring. Bathrooms have been remodeled with new tile showers, pendant lighting and fixtures. The unit is equipped with a full size in unit washer and dryer. To add to the convenience is the two deeded carport parking spaces right outside the front door so no parking hassle. In addition to being down the path from the #1 Beach, you are a couple miles from Siesta Key village shopping, dining & entertainment. Downtown Sarasota, St Armands Circle, University Town Center are just a short car ride away. With reservations in place for the summer and upcoming season, you can self manage or there is an onsite management team that can make your vacation rental ownership experience profitable & trouble free. Check out this great opportunity to own the island lifestyle.

Details

Property type

Condominium

Est. home value

$686,611

Lot size

2.54 acres

Price per sq ft

$815

Year built

1970

Annual property taxes

$6,952.02

Monthly HOA fee

$1,629.33

Price History

05/17/2024
StellarMLS

StellarMLS #A4609292

Listed
$750,000

Schools & Community

Elementary school: 

Phillippi Shores Elementary

Middle school: 

Sarasota Middle

High school: 

Riverview High

Community features: 

Gated, Pool, Sidewalks

Seller’s Loan History

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

Lender

Century Bk F S B

Loan start date

March 2004

Original loan amount

$280,000

Est. remaining balance

Not provided

Interest rate

5.72%

Loan type

Credit Line (Revolving)

Seller

Nancy Franklin and Nancy S Kelsey

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: 12/23/2024 at 9:25 AM

Listing updated: 05/18/2024 at 6:54 AM

Listed by: Michelle Winiecki, FUSION MANAGEMENT & REALTY GRP Phone #: (941) 809-3404

MLS: StellarMLS #A4609292

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