tomo logo

$555,000

Beds
1
Baths
1.0
sq ft
906

9200 Midnight Pass Rd Unit 25, Sarasota, FL 34242

9200 Midnight Pass Rd Unit 25

SARASOTA, FL 34242

  • 350 days on market
    • Price drop $14,000↓
Make this HAUS your HOME!!!! PRICE REDUCTION!!! BRAND NEW FLOORING THROUGHOUT!!! Comfortably located on the quiet southern end of Siesta Key, this beautiful second floor, one bedroom/one bath condo provides some of the most beautiful views in all of Sarasota. Considered by some to be a quadruple water view, looking out the front kitchen you can see views of the intercoastal to the east. The enclosed patio offers a stunning view of the pool followed by the navigable saltwater canal (Blind Pass Waterway) connected to the Intercoastal and finishing with gorgeous sunset evening views of the Gulf of Mexico. Tastefully decorated and potentially available furnished, this home will make a wonderful fulltime residence, seasonal residence, or addition to your investment portfolio. New HVAC system installed in 2021 & Water Heater in 2022. The living room includes a built-in queen-sized murphy bed for extra guests. Easy access to area beaches, shopping, and acclaimed restaurants. Only a short walk Turtle Beach offering a boat and kayak launch, playground, fishing, and BBQ facilities. A full service marina is just down the street to house boat in a convenient location. Complimentary trolly service runs throughout the day to take you all over Siesta Key. Recent assessments totaling $12,500 to improve the roof and pool equipment/furniture have been imposed. THESE ASSESSMENTS HAVE BEEN PAID IN FULL BY THE OWNER!!! The unit has been available on AirB&B and is currently rented for the month of February at $7,200. For two amazing drone videos of kayak treks right off the launch and storage on property go to: https://youtube.com/shorts/bZ4VuHh9C54?feature=shared and https://youtu.be/YIbnxW-BjpA?feature=shared One video starts at the launch and flies north to Turtle Beach Park where you can walk your kayak over the boardwalks with relative ease and be in the Gulf of Mexico in a matter of minutes. The other starts south of your condo at the gulf side of Midnight Pass near Palmer Point Park and traverses northward back home. A perfect and picturesque opportunity for adventure and relaxation. Just copy and paste the links into your browser and enjoy!!!

Details

Property type

Condominium

Est. home value

$453,626

Lot size

Unknown

Price per sq ft

$613

Year built

1972

Annual property taxes

$3,852.7

Monthly HOA fee

$850

Price History

05/22/2024
StellarMLS

StellarMLS #A4591560

Price change
$555,000
-2.46%
04/09/2024
StellarMLS

StellarMLS #A4591560

Price change
$569,000
-1.73%
12/08/2023
StellarMLS

StellarMLS #A4591560

Listed
$579,000
+31.59%

Schools & Community

Elementary school: 

Phillippi Shores Elementary

Middle school: 

Brookside Middle

High school: 

Sarasota High

Community features: 

Pool, Sidewalks

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

$208,972
Asking price
$555,000
Closing costs (~8% of asking)
-$44,400
Est. remaining loan balance
-$301,628
Cash to seller
$208,972

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

Seller’s Loan History

Lender

Michigan Mutual Inc

Loan start date

August 2023

Original loan amount

$305,800

Est. remaining balance

$301,628

Interest rate

6.67%

Loan type

New Conventional, 30 year

Seller

Leah Lange

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: 11/22/2024 at 10:35 AM

Listing updated: 05/26/2024 at 3:09 PM

Listed by: Daniel Dabringhaus, SUNSET REALTY Phone #: (941) 923-3351

MLS: StellarMLS #A4591560

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