tomo logo

$1,295,000

Beds
2
Baths
2.0
sq ft
1,240

6300 Midnight Pass Rd Unit 701, Sarasota, FL 34242

6300 Midnight Pass Rd Unit 701

SARASOTA, FL 34242

  • 159 days on market
The azure waters of the Gulf of Mexico, and the spectacular white sand beach on Siesta Key is what will greet you as you enter this 7th floor condo in Crystal Sands. The views are stunning looking over the beach and water. The flowing floor plan is designed for casual living. The beautiful kitchen is open to the dining and living areas, with marble counters, SS appliances, tray ceiling, and breakfast bar. It’s a living room/dining room combo with hurricane rated sliding glass doors opening to the 31 ft. Screened in lanai. Open the sliding glass doors and hear the gentle sound of waves to lull you into a more tranquil state of mind. There is an electric fireplace in the living room that will put out heat on those chilly winter days, and the flame can be adjusted to change colors for a cozy setting. Bedrooms are on either side of the living area for the utmost in privacy. Both bedrooms have sliders opening up to the lanai, so all rooms are taking advantage of the views. The primary bath has double sinks, walk-in shower, walk-in closet. Another plus is the in unit laundry room with washer/dryer, plus additional storage. Crystal Sands is a gated community with two heated pools, private deeded beach access, beach chairs, grills, and a assigned covered parking space. The complex has been proactive on doing projects in recent years such as newer roofs, reinforced balconies, updated plumbing system, glass elevator on the North side, and more manicured landscaping. Owners and guests can take advantage of the trolley system to venture out to various restaurants, bars, gourmet grocery stores, and shops on Siesta Key without getting their car out. The two week rental minimum makes it attractive to the owner that wants some income but also wants to enjoy a Gulf and beach front condo themselves.

Details

Property type

Condominium

Est. home value

$1,266,799

Lot size

Unknown

Price per sq ft

$1,045

Year built

1970

Annual property taxes

$12,327

HOA fee

$3,475

Price History

07/12/2024
StellarMLS

StellarMLS #A4605926

Listed
$1,295,000
06/24/2024
StellarMLS

StellarMLS #A4605926

Removed
$1,295,000
04/12/2024
StellarMLS

StellarMLS #A4605926

Listed
$1,295,000
+39.25%

Schools & Community

Elementary school: 

Phillippi Shores Elementary

Middle school: 

Brookside Middle

High school: 

Sarasota High

Community features: 

Gated, Pool

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

$450,044
Asking price
$1,295,000
Closing costs (~8% of asking)
-$103,600
Est. remaining loan balance
-$741,356
Cash to seller
$450,044

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

Seller’s Loan History

Lender

Elements Financial Fcu

Loan start date

November 2021

Original loan amount

$790,500

Est. remaining balance

$741,356

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Kevin J Padget and Bethann Padget

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: 09/18/2024 at 7:45 PM

Listing updated: 07/16/2024 at 8:19 PM

Listed by: Stacy Liljeberg, MICHAEL SAUNDERS & COMPANY Phone #: (941) 349-3444

MLS: StellarMLS #A4605926

StellarMLS logo

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