tomo logo

$850,000

Beds
3
Baths
3.0
sq ft
1,446

6840 Midnight Pass Rd Unit 6840, Sarasota, FL 34242

6840 Midnight Pass Rd Unit 6840

SARASOTA, FL 34242

  • <1 day on market
Discover Coastal Living at Its Finest! This recently updated 3-bedroom, 2-bathroom, 2 half-bath townhome at 6840 Midnight Pass Road offers unparalleled convenience and luxury in the heart of Siesta Key. Key Features: Prime Location: Enjoy deeded access to Crescent Beach, renowned for its pristine sands and crystal-clear waters. A 5-minute walk—without crossing any streets—brings you to this coastal paradise. Recent Upgrades: The entire complex has been beautifully maintained with a brand-new roof, new gutters, fresh exterior paint, and newly installed interior water heaters for each unit, ensuring worry-free ownership. Modern Updates: This townhome has been thoughtfully renovated, featuring hurricane-resistant windows and new sliding doors in both the living room and bedrooms. Additional enhancements include new tile in the downstairs bathroom, newer washer and dryer units, and a full home re-piping. Elegant Interiors: Experience the warmth of wood floors on the main level and stairs, complemented by a cozy wood-burning fireplace. The spacious layout ensures ample room for relaxation and entertainment. Scenic Views: Wake up to serene pool views, adding a touch of tranquility to your daily routine. Convenient Amenities: Benefit from central air conditioning, in-unit laundry facilities, and attached garage parking for comfort and ease. Steps from the Beach: With Siesta Key’s world-famous beaches within walking distance, you’ll enjoy endless days of sun, sand, and surf. Income Opportunity – AirBnB & Vacation Rental Potential: This townhome presents an excellent investment opportunity, perfect for short-term rentals in a high-demand area. Whether you're looking for a vacation retreat or an income-producing property, this is your chance to own in one of Florida’s top rental markets. This home seamlessly blends modern conveniences with the allure of coastal living. Don't miss the opportunity to embrace the Siesta Key lifestyle—whether as your permanent residence or a profitable vacation rental!

Details

Property type

Townhouse

Est. home value

$686,863

Lot size

0.95 acres

Price per sq ft

$588

Year built

1981

Annual property taxes

$5,391

Monthly HOA fee

$800

Price History

01/31/2025
StellarMLS

StellarMLS #A4638489

Listed
$850,000
-5.45%
08/06/2024
StellarMLS

StellarMLS #U8246352

Removed
$899,000
06/13/2024
StellarMLS

StellarMLS #U8246352

Listed
$899,000
+146.3%

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

$573,567
Asking price
$850,000
Closing costs (~8% of asking)
-$68,000
Est. remaining loan balance
-$208,433
Cash to seller
$573,567

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

$208,433

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?

Status: Active

Tomo last checked: 01/31/2025 at 12:50 PM

Listing updated: 01/31/2025 at 11:06 AM

Listed by: Sandra Osorio, PA, COMPASS FLORIDA LLC Phone #: (305) 851-2820

MLS: StellarMLS #A4638489

StellarMLS logo

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