$875,000
●
Condo -
Off Market
5770 Midnight Pass ROAD #310
SARASOTA, FL 34242
2 Beds
2 Baths
1,337 Ft²
$951,690
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model
About This Property
Look no further than this spectacular opportunity to own at one of
the finest properties on Siesta Key, the Gulf & Bay Club, a
pristinely manicured 32-acre community that features top notch
amenities. This two bedroom, two bathroom home can be yours to
enjoy year round or seasonally with sweeping views of the lush
landscape from your third floor perch. Updated kitchen and bath
cabinets are fashionably finished with attractive granite
countertops. Fresh and bright inside, this unit is the perfect
place to rest and recharge between your days of beachcombing and
adventure. Gulf & Bay is a vibrant community offering eight tennis
courts, three heated swimming pools, fitness center, dry saunas, a
hot tub, electric vehicle charging stations, two clubhouses and the
list goes on. Whether you want a lazy day resting on the powdery
white sands of Siesta Key Beach or an organized cultural outing
with your neighbors, you have all you could possibly desire at your
fingertips in this fine Siesta Key community.
Unit Size
1,337 Ft²
Days on Market
60 days
Land Size
6.67 acres
Price per sqft
$672
Property Type
Condo
Property Taxes
$624
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (Stellar MLS #A4552116)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 13, 2023 | Sold | ||
| Sold | |||
| Nov 14, 2022 | Listed by MICHAEL SAUNDERS & COMPANY | $899,000 | |
| Listed by MICHAEL SAUNDERS & COMPANY | |||
Property Highlights
Parking Available
Elevator
Air Conditioning
Parking Details
Has Carport
Has Open Parking
Parking Features: Assigned, Covered, Electric Vehicle Charging Station(s), Guest, Open
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Solid Surface Counters, Walk-In Closet(s)
Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Flooring Type: Carpet, Laminate
Laundry Features: Inside, Laundry Room
Rooms: 5
Exterior Details
Square Footage: 1337
Square Footage Source: $0
Year Built: 1980
Waterfront Features: Gulf/Ocean
Waterview: Beach, Gulf/Ocean - Partial, Lake
Waterbody Name: Gulf Of Mexico
Building Area Total: 1435
Levels: One
Building Area Units: Square Feet
Window Features: Blinds
Construction Materials: Block, Stucco
Pool Features: Gunite, Heated, In Ground, Lap, Outside Bath Access
Lot Features: FloodZone, In County, Near Public Transit
Lot Size Area: 6.6748
Lot Size Units: Acres
Lot Size Acres: 6.67
Lot Size Square Feet: 290756
Water Source: Public
Financial Details
Tax Annual Amount: $7,488
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: 24-Hour Guard, Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
HOA/Condo/Coop Amenities: Basketball Court, Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pickleball Court(s), Pool, Racquetball, Recreation Facilities, Sauna, Security, Spa/Hot Tub, Tennis Court(s)
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/04/2026
|
3 Bed
|
2 Bath
|
2085 ft²
|
$2,495,000
3 Bed
2 Bath
2085 ft²
|
$2,500,000
+0.20%
04/15/2026
|
Sylvia Wilk
KELLER WILLIAMS CLASSIC GROUP
| |
|
02/17/2026
|
2 Bed
|
2 Bath
|
1337 ft²
|
$1,350,000
2 Bed
2 Bath
1337 ft²
|
$1,250,000
-7.41%
04/30/2026
|
Tina Johns
COLDWELL BANKER REALTY
| |
|
11/29/2024
|
2 Bed
|
2 Bath
|
1337 ft²
|
$1,275,000
2 Bed
2 Bath
1337 ft²
|
$1,075,000
-15.69%
06/30/2025
|
Tina Johns
COLDWELL BANKER REALTY
| |
|
04/11/2024
|
2 Bed
|
2 Bath
|
1337 ft²
|
$1,350,000
2 Bed
2 Bath
1337 ft²
|
$1,200,000
-11.11%
05/31/2024
|
Drew Russell
MICHAEL SAUNDERS & COMPANY
| |
|
02/05/2024
|
2 Bed
|
2 Bath
|
1337 ft²
|
$1,325,000
2 Bed
2 Bath
1337 ft²
|
$1,100,000
-16.98%
04/30/2024
|
Nancy Barden
COLDWELL BANKER REALTY
| |
|
10/11/2023
|
2 Bed
|
2 Bath
|
1435 ft²
|
$1,299,750
2 Bed
2 Bath
1435 ft²
|
$1,100,000
-15.37%
12/04/2023
|
Tina Johns
COLDWELL BANKER REALTY
| |
|
09/27/2023
|
2 Bed
|
2 Bath
|
1337 ft²
|
$1,495,000
2 Bed
2 Bath
1337 ft²
|
$1,395,000
-6.69%
12/08/2023
|
Sylvia Wilk
KELLER WILLIAMS CLASSIC GROUP
| |
|
11/14/2022
|
2 Bed
|
2 Bath
|
1337 ft²
|
$899,000
2 Bed
2 Bath
1337 ft²
|
$875,000
-2.67%
01/13/2023
|
Rudy Dudon
MICHAEL SAUNDERS & COMPANY
| |
|
10/25/2022
|
2 Bed
|
2 Bath
|
1337 ft²
|
$990,000
2 Bed
2 Bath
1337 ft²
|
$982,500
-0.76%
11/28/2022
|
Tina Johns
COLDWELL BANKER REALTY
| |
|
07/28/2022
|
2 Bed
|
2 Bath
|
1337 ft²
|
$1,199,000
2 Bed
2 Bath
1337 ft²
|
-
-
|
Jason R Wood
EXP Realty LLC
| |
|
06/16/2022
|
2 Bed
|
2 Bath
|
1337 ft²
|
$899,000
2 Bed
2 Bath
1337 ft²
|
-
-
|
Steve Cavanaugh
RE/MAX TROPICAL SANDS
| |
|
10/29/2021
|
2 Bed
|
2 Bath
|
1337 ft²
|
$899,000
2 Bed
2 Bath
1337 ft²
|
$850,000
-5.45%
12/29/2021
|
Ryan Skrzypkowski
COLDWELL BANKER REALTY
| |
|
09/02/2021
|
2 Bed
|
2 Bath
|
1337 ft²
|
$1,190,000
2 Bed
2 Bath
1337 ft²
|
$1,150,000
-3.36%
01/06/2022
|
-
| |
|
07/15/2021
|
2 Bed
|
2 Bath
|
1337 ft²
|
$799,000
2 Bed
2 Bath
1337 ft²
|
$759,000
-5.01%
11/08/2021
|
Jessica Alopaeus
COLDWELL BANKER REALTY
| |
|
05/29/2021
|
2 Bed
|
2 Bath
|
1435 ft²
|
$1,000,000
2 Bed
2 Bath
1435 ft²
|
$1,005,000
+0.50%
06/14/2021
|
Kelly Rosenberg
COLDWELL BANKER REALTY
| |
|
05/14/2021
|
2 Bed
|
2 Bath
|
1337 ft²
|
$1,050,000
2 Bed
2 Bath
1337 ft²
|
$1,070,000
+1.90%
06/24/2021
|
Rudy Dudon
MICHAEL SAUNDERS & COMPANY
| |
|
03/01/2021
|
2 Bed
|
2 Bath
|
1337 ft²
|
$794,900
2 Bed
2 Bath
1337 ft²
|
-
-
|
-
|
Building Info
5770 Midnight Pass Road
5770 Midnight Pass Road, Sarasota, FL 34242
- 2 Units for Sale
About Siesta Key
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Listed by: Rudy Dudon
MICHAEL SAUNDERS & COMPANY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# A4552116
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
MICHAEL SAUNDERS & COMPANY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# A4552116
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017