tomo logo

$669,900

Beds
2
Baths
2.0
sq ft
992

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

5955 Midnight Pass Rd Unit 12A

SARASOTA, FL 34242

  • 230 days on market
    • Price drop $30,000↓
Don’t miss this exceptional investment opportunity. This 2-bedroom, 2-bathroom cottage in Sea Club 2 offers a slice of paradise. The open floor plan is beautifully updated and perfect for family vacations. The guest bedroom features twin beds, while the spacious master bedroom includes a king bed, a stunningly updated bathroom, a large walk-in closet, and private access to a tranquil outdoor seating area. Additional amenities include a covered carport and extra guest parking. Sea Club 2 provides everything needed for an ideal beach vacation. The large pool, renovated in 2020, overlooks the Intracoastal Waterway and features brick pavers, a tiki hut, and new charcoal grills for entertaining. Fishing enthusiasts will appreciate the new fishing pier, installed in 2021, and the community boat basin for docking after a day on the water. Enjoy a short walk to deeded access of Siesta Key Beach to soak up the sun, surf, or watch the sunset over the Gulf of Mexico. Located close to local shops and an array of fantastic restaurants, this property offers the best of both relaxation and convenience. It’s a unique find, providing a wonderful vacation retreat for owners and a lucrative rental opportunity with a rare one-day minimum stay requirement.

Details

Property type

Condominium

Est. home value

$639,117

Lot size

1.17 acres

Price per sq ft

$676

Year built

1978

Annual property taxes

$4,953.32

HOA fee

$982

Price History

06/12/2024
StellarMLS

StellarMLS #A4597643

Price change
$669,900
-4.29%
05/16/2024
StellarMLS

StellarMLS #A4597643

Listed
$699,900
05/16/2024
StellarMLS

StellarMLS #A4597643

Removed
$699,900

Schools & Community

Elementary school: 

Phillippi Shores Elementary

Middle school: 

Brookside Middle

High school: 

Sarasota High

Community features: 

Gated, Clubhouse, Pool

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

Barnett Bk Na

Loan start date

June 1998

Original loan amount

$103,900

Est. remaining balance

Not provided

Interest rate

7.14%

Loan type

Not Provided

Seller

William J Weed and Gloria K Weed

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
$725,000
2 bd
|
2 ba
|
1,056 sq ft
|
Condo

5855 Midnight Pass Rd Unit 320, Sarasota, FL 34242

Price drop
StellarMLS
$700,000
2 bd
|
2 ba
|
1,352 sq ft
|
Condo

1089 Lake House Cir Unit C-204, Sarasota, FL 34242

StellarMLS
$750,000
2 bd
|
2 ba
|
921 sq ft
|
Condo

5830 Midnight Pass Rd Unit 109, Sarasota, FL 34242

Status: Active

Tomo last checked: 09/20/2024 at 12:40 PM

Listing updated: 09/10/2024 at 3:39 PM

Listed by: Kelly Baldwin, COLDWELL BANKER REALTY Phone #: (941) 383-6411

MLS: StellarMLS #A4597643

StellarMLS logo

Recently listed in SARASOTA