tomo logo

$491,000

Beds
1
Baths
1.0
sq ft
751

5855 Midnight Pass Rd Unit 201, Sarasota, FL 34242

5855 Midnight Pass Rd Unit 201

SARASOTA, FL 34242

  • 142 days on market
    • Price drop $23,900↓
Grab your flip flops, beach towel and live the Siesta Key Dream! Spectacular Opportunity to own your private Harbor Tower Yacht & Racquet Club 1BD/1BA condo, plus 1 assigned parking space. 2024 HVAC. 2023 water heater. Updated Kitchen & Bath. Stunning travertine floors throughout. Quarterly fee $1421 includes basic cable, water, sewer, trash, tennis courts, marina, fitness, community pool and many more Community amenities. You will adore the “mid key” location! You can Hop the Island Trolley or Walk to all Siesta Key “Hot Spots”! Restaurants, shopping, the one and only Siesta Key Beach! The rental policy is a minimum of 2 weeks to 6 months. You can enjoy the condo for your personal use or rent it out. Rental Income Potential! There is an onsite rental manager if you wish to place the condo into the “rental pool” or handle the rental details yourself. Rent roll available upon request. The condo offers the BEST view of the pool, marina and intercoastal. The floor plan has a lovely flow. You will appreciate the full size kitchen appliances, cabinet storage and broad granite countertops. The living area offers comfortable seating and a futon for additional guest. From the living / dining areas you have easy access to the enclosed Florida room and primary bedroom. A separate door from the Florida room opens to your private Balcony. All furnishings, dishes, televisions, kitchen appliances, including microwave remain with the property. Harbor Towers Yacht and Racquet Club was developed and designed to enhance ultimate resort living. You can be busy, busy or relax & chill. A broad variety of onsite amenities are available; grilling patio, Club room, Har-Tru tennis courts and social activities. Being a waterfront beach resort fishing, boating and kayaking are also available. Check with the onsite office for details. Here is your best of the best opportunity to own your place on Siesta Key, schedule your tour today.

Details

Property type

Condominium

Est. home value

$476,266

Lot size

Unknown

Price per sq ft

$654

Year built

1976

Annual property taxes

$4,350

HOA

Yes

Price History

09/23/2024
StellarMLS

StellarMLS #T3546472

Price change
$491,000
-4.64%
08/04/2024
StellarMLS

StellarMLS #T3546472

Listed
$514,900
+105.96%
06/12/2015
StellarMLS

StellarMLS #A4108355

Sold
$250,000
+40.45%

Schools & Community

Elementary school: 

Phillippi Shores Elementary

Middle school: 

Brookside Middle

High school: 

Sarasota High

Community features: 

Gated, Clubhouse, 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

$299,282
Asking price
$491,000
Closing costs (~8% of asking)
-$39,280
Est. remaining loan balance
-$152,438
Cash to seller
$299,282

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

Seller’s Loan History

Lender

Guaranteed Rate Affinity Llc

Loan start date

August 2020

Original loan amount

$183,000

Est. remaining balance

$152,438

Interest rate

3.13%

Loan type

New Conventional, 20 year

Seller

Richard H Van Cleave Jr

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?

Similar Homes Nearby

StellarMLS
$489,000
1 bd
|
1 ba
|
748 sq ft
|
Condo

6157 Midnight Pass Rd Unit E24, Sarasota, FL 34242

Price drop
StellarMLS
$524,900
1 bd
|
1 ba
|
522 sq ft
|
Condo

5955 Midnight Pass Rd Unit 12E, Sarasota, FL 34242

StellarMLS
$497,000
1 bd
|
1 ba
|
702 sq ft
|
Condo

6703 Midnight Pass Rd Unit 117, Sarasota, FL 34242

Status: Active

Tomo last checked: 12/24/2024 at 8:50 AM

Listing updated: 12/04/2024 at 4:12 PM

Listed by: Lynn Brock, BROCK REALTY INC. Phone #: (941) 313-1234

MLS: StellarMLS #T3546472

StellarMLS logo

Recently listed in SARASOTA

$350,000|3 bd|2.5 ba|House
$449,500|3 bd|2.0 ba|House
$790,000|3 bd|3.0 ba|House
$849,500|3 bd|2.0 ba|House
$2,975,000|4 bd|4.5 ba|House
$1,320,000|3 bd|3.0 ba|House
$2,095,000|4 bd|4.0 ba|House