5970 Midnight Pass Rd #172, Sarasota, Florida
List Price: $475,000
MLS Number: A4484481

  • Status: Sold
  • Sold Date: Jan 21, 2021
  • DOM: 35 days
  • Square Feet: 972
  • Bedrooms: 1
  • Baths: 1
  • Half Baths: 1
  • City: SARASOTA
  • Zip Code: 34242
  • Year Built: 1975
Siesta Key Beach - #1 Beach in America! You can own your own slice of paradise in one of the most beautiful areas. This one bedroom, one and a half bath condo on the Gulf side of the Palm Bay Club packs a lot of punch. With year round, short term rentals permitted, you can use the unit when you want (and escape the cold winters) and then rent it out to off set expenses. The kitchen, baths, and floors and furniture have been updated by the current owner in the last 5 years. It includes beach friendly tile floors throughout, granite countertops, excellent storage, and a high-end sleeper sofa. Four guests are permitted in this one bedroom unit. The owner grossed $38K in 2019, over $36 in 2018, $32K in 2017, and $38K in 2016. The 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 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!

Misc Info

Subdivision: Palm Bay Club Iii

Annual Taxes: $4,933

Water Front: Gulf/Ocean

Water Access: Bay/Harbor, Beach - Access Deeded, Beach - Private, Gulf/Ocean

Water Extras: Dock - Slip 1st Come, Fishing Pier

Lot Size: Non-Applicable

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    Sold Information

    CDD: $465,000

    Sold Price per Sqft: $ 478.40 / sqft

    Home Features

    Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator

    Flooring: Ceramic Tile

    Air Conditioning: Central Air

    Exterior: Balcony, Sliding Doors

    Garage Features: Covered, Guest, Open

    Room Dimensions

    Schools

    • Elementary: Phillippi Shores Elementa
    • High: Sarasota High
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