tomo logo

$450,000

Beds
2
Baths
2.0
sq ft
690

6157 Midnight Pass Rd Unit F21, Sarasota, FL 34242

6157 Midnight Pass Rd Unit F21

SARASOTA, FL 34242

  • 210 days on market
    • Price drop $3,999↓
Invest in Siesta Key! This furnished 2 bedroom, 2 bath 1st-floor condo is perfect for investors, full-time residents, or weekend getaways. This condo offers great income potential with granite countertops, modern design cabinetry and appliances, and a large screened-in lanai. Enjoy community amenities like a large heated pool, laundry facilities, recreation facilities, tennis courts, pickleball courts, and a fishing pier. Siesta Crescent Beach is just a short bike ride or walk away, and the Siesta Key Trolley departs from the complex. With a carport and plenty of visitor parking, this is a great opportunity to own a part of Siesta Key, just 0.4 miles from the South Bridge. This unit has an outstanding rental history that is available upon request. The condominium complex Bay Oaks has completed and passed its milestone inspections. Don't miss out!

Details

Property type

Condominium

Est. home value

$472,622

Lot size

Unknown

Price per sq ft

$653

Year built

1974

Annual property taxes

$4,640

HOA fee

$2,100

Price History

06/10/2024
StellarMLS

StellarMLS #A4602841

Price change
$450,000
-0.88%
05/25/2024
StellarMLS

StellarMLS #A4602841

Price change
$453,999
-2.16%
05/19/2024
StellarMLS

StellarMLS #A4602841

Price change
$463,999
-3.13%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse, 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

$143,332
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$270,668
Cash to seller
$143,332

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

Seller’s Loan History

Lender

Innovative Mortgage Services

Loan start date

April 2022

Original loan amount

$311,500

Est. remaining balance

$270,668

Interest rate

3.14%

Loan type

New Conventional, 15 year

Seller

Lay Khun Sy and Na Lim Sy

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: 10/05/2024 at 12:30 AM

Listing updated: 09/05/2024 at 2:05 PM

Listed by: Mario Petitti, WHITE SANDS REALTY GROUP FL Phone #: (941) 923-5835

MLS: StellarMLS #A4602841

StellarMLS logo

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