5970 MIDNIGHT PASS RD #172, SARASOTA, FL, 34242

$475,000
  Beds: 1  |   Baths: 2  |    SqFt: 872
MLS Data Current as of: November 12, 2019 11:30 pm

Highlights


  • MLS#: A4432328
  • Price: $475,000
  • Status: Active
  • Total Days On Market: 223
  • Year Built: 1975
  • Sq Ft Air: 872
  • Sq Ft Total: 956
  • Bedrooms Total: 1
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total: 2
  • Private Pool: No
  • Flood Zone Code: AE
  • Subdivision Name: PALM BAY CLUB III
  • Last Sale Date: 2000-01-01

Financial


  • Tax Annual Amount: 4476
  • Tax Year: 2018
  • Association Fee Includes:
    • Cable TV
    • Community Pool
    • Escrow Reserves Fund
    • Insurance
    • Internet
    • Maintenance Exterior
    • Maintenance Grounds
    • Manager
    • Pest Control
    • Pool Maintenance
    • Recreational Facilities
    • Sewer
    • Trash
    • Water
  • Condo Fees: 1411
  • Condo Fees Term: Quarterly

Schools


  • Elementary School: Phillippi Shores Elementary
  • Middle Or Junior School: Brookside Middle
  • High School: Sarasota High

Property Info


  • Remarks: Located at the best beach in America—this one bedroom, one and a half bath unit on the Gulf side of the Palm Bay Club packs a lot of punch! The kitchen, baths, floors and furniture have been updated by the current owner in the last 4 years. It includes beach friendly tile floors throughout, granite countertops, excellent storage, and a high-end sleeper sofa. The one bedroom units are rarely available but bring in tremendous rental income. The owner grossed over $36K in 2018, $32K in 2017, $38K in 2016, and is on track to gross at least $37K in 2019… income varied based on owner usage. Palm Bay Club is a Gulf-to-Bay resort style complex with on-site rental management, 2 pools, tennis court, pickle ball court, barbecue grills, boat docks for daily rental, fishing pier, and of course - private access to the famous white powder sand of Siesta Beach. Siesta Key Village is just a short drive away to restaurants and shopping. Being sold turnkey furnished and in excellent shape, this unit is ready to go!

Interior


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Exterior


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Description

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This Listing is Courtesy of: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA REALTY | Listing Data Provided By MFRMLS
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