tomo logo

$899,000

Beds
3
Baths
2.5
sq ft
1,446

6840 Midnight Pass Rd Unit 6840, Sarasota, FL 34242

6840 Midnight Pass Rd Unit 6840

SARASOTA, FL 34242

  • 18 days on market
Awesome townhouse steps to Point of Rocks beach on beautiful Siesta Key! NEAR CRESCENT BEACH! This fabulous VRBO, weekend retreat, winter getaway can be yours! This three story townhome is on tranquil setting for you to enjoy boasts lush tropical landscapes, & heated pool! This 3 bedroom 3 bath home feature 2 balconies to enjoy sunsets, and relaxing fireplace for those romantic winter nights and a great variety of restaurants and bars with super entertainment within walking distance to your new home. Bonus: The property can be rented 12 times per year as VRBO! During season your place which sleeps up to 8 can bring as much as 5 to 10k per month! Stay the months you prefer and rent the others out as this location is an awesome cash producer. Also adjacent to 1 car garage is the laundry room with washer and dryer! The building paint is newer as is roof, AC, water heater etc. The home is sold furnished- turnkey and available immediately! Already comes with guaranteed reservations for some winter months! Call today for private showing as these rarely become available at Midnight Sea!!!!!!!

Details

Property type

Townhouse

Est. home value

$686,863

Lot size

0.95 acres

Price per sq ft

$622

Year built

1981

Annual property taxes

$5,119

Monthly HOA fee

$800

Price History

06/13/2024
StellarMLS

StellarMLS #U8246352

Listed
$899,000
+146.3%
07/25/2016
StellarMLS

StellarMLS #A4151241

Sold
$365,000
+8.96%
06/30/2009
StellarMLS

StellarMLS #A370303

Sold
$335,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

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

$614,937
Asking price
$899,000
Closing costs (~8% of asking)
-$71,920
Est. remaining loan balance
-$212,143
Cash to seller
$614,937

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

Seller’s Loan History

Lender

Inlanta Mortgage Inc

Loan start date

July 2016

Original loan amount

$255,500

Est. remaining balance

$212,143

Interest rate

3.6%

Loan type

New Conventional, 30 year

Seller

Alina Lemay

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: 07/01/2024 at 12:00 PM

Listing updated: 06/30/2024 at 2:10 PM

Listed by: James Brylinke, Sr, REALTY EXPERTS Phone #: (727) 888-1000

MLS: StellarMLS #U8246352

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