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Off market
  • $789,800

    5966 Midnight Pass Rd #G-38, Sarasota, FL 34242

    1beds
    864sqft
    Condominium
    Built in 1970
    -- sqft lot
    $789,800 Zestimate®
    $914/sqft
    $5,904 Estimated rent

    Home value

    $789,800

    $711,000 - $877,000

    $5,904/mo

    Zestimate® history
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    What's special

    Remodeled to perfection with coastal touches and high-quality finishes, this condominium enhances a relaxed lifestyle for elegant leisure and fulfilled living. Bright and filled with light, the calming atmosphere is carried throughout the residence as peaceful beach views are displayed through expansive windows in the living room. Wood-look tile floors, crown molding, new cabinetry and granite counters in the kitchen, and lovely paint color are present in the open concept. Unique to the space, the master suite features glass sliders to the living area allowing for water views but still affords privacy and can accommodate a king bed or two smaller beds to please multiple guests for rental purposes. Palm Bay Club offers a wealth of amenities including two pools - one on the Intracoastal with a spa - complimentary WiFi, new fitness room, tennis courts, bbq grills, beach access, and available boat slips. This residence also provides promising potential for return on investment with a three-night minimum rental policy and convenient onsite property management and newly renovated onsite rental office. This is your new-found paradise.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Originating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • central, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator
    Features
    • Ceiling Fans(s), Walk-In Closet(s), Crown Molding, Living Room/Dining Room Combo, Solid Surface Counters, Window Treatments
    • Flooring: Tile
    • Windows: Shades
    Interior area
    • Total interior livable area: 864 sqft

    Property

    Parking
    • Parking features: Covered, Open
    Features
    • Levels: One
    • Patio & porch: Enclosed
    • Pool features: Gunite, In Ground
    • Spa features: Heated, In Ground
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Gulf/Ocean
    • Body of water: GULF OF MEXICO
    Lot
    • Size: 3.2 Acres
    • Features: Near Public Transit, In County, Street Paved, FloodZone, Street Dead-End
    • Residential vegetation: Trees/Landscaped
    Details
    • Additional structures: Tennis Court(s)
    • Parcel number: 0105136022
    • Zoning: RMF3

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • concrete
    • Foundation: Piling
    • Roof: Built-up
    Condition
    • Year built: 1970

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, BB/HS Internet Available, Underground Utilities, Cable Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: PALM BAY CLUB I
    HOA
    • Has HOA: Yes
    • Amenities included: Cable, Fitness Center, Maintenance, Pool, Spa/Hot Tub, Laundry, Recreation Facilities, Boat Slip
    • Services included: Community Pool, Maintenance Grounds, Recreational Facilities, Security, Trash, Cable TV, Insurance, Maintenance Exterior, Pest Control, Pool Maintenance, Sewer, Water, Internet, Escrow Reserves Fund, Manager, Fidelity Bond
    • HOA fee: $663 monthly
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $914/sqft
    • Tax assessed value: $750,200
    • Annual tax amount: $9,163
    • Listing terms: Cash, Conventional
    • Ownership: Condominium

    Price history

    DateEventPrice
    12/7/2020Sold$680,000-2.7%$787/sqft
    Source: Stellar MLS #A4474143 Report a problem
    10/26/2020Pending sale$699,000$809/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4474143 Report a problem
    9/16/2020Price change$699,000-2.9%$809/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4474143 Report a problem
    8/5/2020Listed for sale$719,900+60.7%$833/sqft
    Source: MICHAEL SAUNDERS & COMPANY #A4474143 Report a problem
    4/19/2016Sold$448,000-20.7%$519/sqft
    Source: Public Record Report a problem
    5/27/2013Listing removed$565,000$654/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    11/28/2012Listed for sale$565,000-31.5%$654/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    10/7/2005Sold$825,000+7.1%$955/sqft
    Source: Stellar MLS #A280198 Report a problem
    8/27/2004Sold$770,000+301%$891/sqft
    Source: Stellar MLS #A263013 Report a problem
    10/7/1993Sold$192,000$222/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,163 +0.6%$750,200 +2.8%
    2024$9,105 +5.5%$729,993 +10%
    2023$8,627 +14.8%$663,630 +10%
    2022$7,516 +3.9%$603,300 +7.9%
    2021$7,234 +25%$559,200 +29.4%
    2020$5,788 -1%$432,000 -2%
    2019$5,849 $441,000 +10%
    2018$5,849 +9.5%$401,000 +5.2%
    2017$5,341 +18.3%$381,000 +5.8%
    2016$4,516 $360,000 +9.8%
    2015$4,516 $328,000 +7.9%
    2014$4,516 -39.1%$304,000 -37.3%
    2004$7,415 +26.3%$484,800 +31.9%
    2003$5,870 +22.8%$367,647 +23%
    2002$4,782 +46%$298,900 +42%
    2001$3,276 +2.7%$210,473 +3%
    2000$3,190 $204,343
    Find assessor info on the county website

    Neighborhood: 34242

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Phillippi Shores Elementary
    • Middle: Brookside Middle
    • High: Sarasota High

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $789,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $789,800