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$476,266Estimated home value

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

  • Sold On 6/12/2015
Spacious 1 bedroom, 1 bathroom, turn key furnished condo at Harbor Towers on Siesta Key. The unit has been totally remodeled, kitchen with granite counter tops, new cabinets, new lighting and stainless steel appliances. Bathroom has new shower and granite counter tops. Ceramic tile flooring throughout. Private sitting area off the master with fabulous views of pool area and intercoastal waterway. Living/dining room also offers water views of pool and intercoastal. Harbor Towers is a wonderful waterfront complex with it's own dock, marina, fishing pier. Heated community pool with heated spa. Outside grills available for all, fitness center and wonderful recreation room. Lobby right now is being refitted - no assessments in place. Excellent rental history, almost $19,000 a year.

Details

Property type

Condominium

Est. home value

$476,266

Lot size

Unknown

Price per sq ft

$340

Year built

1976

Annual property taxes

$2,347

Monthly HOA fee

$284

Price History

02/28/2025
StellarMLS

StellarMLS #T3546472

Removed
$491,000
09/23/2024
StellarMLS

StellarMLS #T3546472

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

StellarMLS #T3546472

Listed
$514,900
+105.96%

Schools & Community

Elementary school: 

Phillippi Shores Elementary

Middle school: 

Brookside Middle

High school: 

Sarasota High

Community features: 

Gated, Fishing, 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

$84,597
Asking price
$254,900
Closing costs (~8% of asking)
-$20,392
Est. remaining loan balance
-$149,911
Cash to seller
$84,597

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

$149,911

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?

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Price drop
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Status: Off Market

Tomo last checked: 04/03/2025 at 10:35 PM

Listing updated: 09/19/2023 at 11:55 AM

Listed by: Lois Seropian, COLDWELL BANKER REALTY Phone #: (941) 349-4411

MLS: StellarMLS #A4108355

StellarMLS logo

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