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5970 Midnight Pass Rd #172, Sarasota, FL – $475,000

  • 1 Bed
  • 2 Baths
  • 872 Sqft
  • 194 DOM
  • 1 Bed
  • 2 Baths
  • 872 Sqft
  • 194 DOM

5970 Midnight Pass Rd #172

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!

Essential Information

  • MLS® #A4432328
  • Price$475,000
  • Bedrooms1
  • Bathrooms2.00
  • Full Baths1
  • Half Baths1
  • Square Footage872
  • Acres0.00
  • Year Built1975
  • TypeResidential
  • Sub-TypeCondo
  • StyleOther
  • StatusActive
  • Taxes$4,476
  • Condo Fee$1,411
  • Condo Fee FrequencyQuarterly
  • CDDN

Community Information

  • Address5970 Midnight Pass Rd #172
  • SubdivisionPalm Bay Club Iii
  • CitySarasota
  • CountySarasota County
  • StateFL
  • Zip Code34242

Area

Sarasota/Crescent Beach/Siesta Key

Amenities

  • ParkingGuest, Open
  • GaragesUnder Building Parking
  • Is WaterfrontYes
  • WaterfrontGulf/Ocean

Utilities

BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected

Features

Clubhouse, Dock, Elevators, Fitness, Laundry Facility, Maintenance Free, Optional Additional Fees, Pool, Recreation Building, Tennis Courts, Buyer Approval Required, Deed Restricted, Fishing Pier, Water Access, Waterfront

Interior

  • InteriorCeramic Tile
  • HeatingCentral, Electric
  • CoolingCentral Air
  • # of Stories3
  • StoriesOne Story, Mid-rise

Interior Features

Solid Surface Counters, Thermostat, Walk-In Closet(s), Window Treatments

Appliances

Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator

Exterior

  • ExteriorBlock
  • WindowsBlinds, Drapes
  • RoofBuilt-Up
  • FoundationSlab

Exterior Features

Balcony/Sun Deck, Sliding Doors

School Information

  • ElementaryPhillippi Shores
  • MiddleBrookside
  • HighSarasota

Pet Information

  • Pets AllowedN

Rental Restrictions

  • Minimum Lease1-7 Days
  • # Times Per Yr52

Additional Information

  • Days on Market194

Maintenance Includes

Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Exterior, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water

Listing Details

Office

Berkshire Hathaway Homeservices Florida Realty

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Price Change History for 5970 Midnight Pass Rd #172, Sarasota, FL (MLS® #A4432328)

Date Details Change
Price Reduced from $500,000 to $475,000 $25,000 (5.00%)
Price Reduced from $515,000 to $500,000 $15,000 (2.91%)

Berkshire Hathaway Homeservices Florida Realty.

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on October 14th, 2019 at 9:00pm EDT.