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$315,000   Price Analysis
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6157 Midnight Pass Rd Apt A51
Sarasota, FL 34242
2 bed 1 bath 690 SqFt ($456/SqFt)
Built 1974
Listed 2019-11-15, HOA $458, Taxes $3,700
Ⓧ USDA Ineligible
due to location

near Siesta Key

One of the most lucrative income properties on Siesta Key for the price.

* No Longer For Sale *
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Totally updated with a strong rental history, ths two bedroom, one bath condominium with bay views is a exceptional investment property that generated $32, 000 gross income in its first year under the new rental program. The condominium has washer/dryer, coffee bar, new air conditioning in 2015.

Amenities include heated pool, tennis court, BBQ area, clubhouse, game room and fishing pier. Sold Turnkey. Limited showing times due to such popularity as a weekly rental. Limited to Saturdays from 12-3. Please see 3D Virtual Tour to see it in its current condition.


Presented by Gregg Center at
Premier Sotheby's International Realty.
Listing Agent Photo

Property MLS #A4422660 from StellarMLS

Bedrooms: 2

Total Rooms: 4
Extra Room-1 Description: Additional Rooms: Storage Rooms
Exercise Room: Yes

Total Bathrooms: 1
Full Bathrooms: 1

Dry Bar
Thermostat
Window Treatments
Furnished Description: Turnkey
Flooring: Carpet, Ceramic Tile
Window Features: Blinds

Dishwasher
Dryer
Electric Water Heater
Microwave
Range
Washer

Cooling Features: Central Air
Heating Features: Central, Electric

Irrigation System
Lighting
Outdoor Grill
Sidewalk
Sliding Doors
Tennis Court(s)
Patio And Porch Features: Patio, Screened

Water View: Bay/Harbor - Partial
Waterfront Features: Bay/Harbor
Waterfront Feet: 100

Carport Spaces: 1
Parking Features: Assigned, Covered, Guest

Lot Description: FloodZone, In City Limits, Near Marina, Near Public Transit, Sidewalk, Street Private
Vegetation: Oak Trees, Trees/Landscaped

View: Water

Association: Yes
Association Amenities: Cable, Clubhouse, Fitness Center, Laundry, Maintenance, Pool, Tennis Court(s)
Association Fee: 1375
Association Fee Frequency: Quarterly
Association Fee Includes: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Exterior, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities
Calculated Total Monthly Association Fees: 458
Association Name: Bay Oaks Condo Association
Pets Allowed: No

Unit Floor In Building: 1

Lease Term: Minimum Lease: 1 Week

Community Features: Buyer Approval Required, Fishing, Fitness, Pool, Sidewalk, Tennis Courts, Waterfront

Annual Tax Amount: 2976.00
Source Listing Status: Sold
County: Sarasota
Directions: Stickney Point to Midnight Pass. Turn Right into Bay Oaks, park in guest parking. Condo in back left of property, Bldg A.
Tax Year: 2018
Ownership: Condominium
Source Property Type: Residential
Area: 34242 - Sarasota/Crescent Beach/Siesta Key
Property Subtype: condo
Source Neighborhood: BAY OAKS
Parcel Number: 0106071009
Postal Code Plus 4: 2297
Subdivision: BAY OAKS
Township: 37
Zoning: RMF3
Property Subtype: Condominium
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$247,280
$3,700
2021$224,800 + $unknown
$224,800
$3,104
2020$212,700 + $unknown
$212,700
$3,000
2019$206,500 + $unknown
$206,500
$2,884
2018$215,200 + $unknown
$215,200
$2,975
2017$169,200 + $unknown
$169,200
$2,319
2016$133,900 + $unknown
$133,900
$2,036
2015$130,700 + $unknown
$130,700
$2,040
2014$unknown + $unknown
$134,860
$2,105
2013$unknown + $unknown
$122,600
$1,966
2012$unknown + $unknown
$117,900
$1,886
2011$unknown + $unknown
$122,100
$1,913
2010$unknown + $unknown
$138,800
$2,189
2009$unknown + $unknown
$170,500
$2,544
2008$unknown + $unknown
$205,900
$2,901
2007$unknown + $unknown
$253,300
$3,518

Listing removed 2024-08-02
$524,999
StellarMLS
Price Changed 2024-07-05
$524,999
StellarMLS
Price Changed 2024-05-03
$534,999
StellarMLS
Price Changed 2024-02-20
$539,000
StellarMLS
Listed 2024-02-03
$559,000
StellarMLS
Sold 2019-05-21
$303,000
StellarMLS
Listed 2019-01-02
$315,000
StellarMLS
Sold 2017-08-18
$285,000
StellarMLS
Relisted 2017-04-30
$304,000
StellarMLS
Listing removed 2017-01-10
$304,000
StellarMLS
Listed 2016-12-23
$304,000
StellarMLS
Sold 2012-02-15
$136,000
Public Record
Sold 2005-07-28
$355,000
Public Record
Sold 2004-04-01
$218,000
Public Record
Sold 1991-11-20
$69,000
Public Record
Sold 1977-09-01
$33,500
Public Record

Total Square Feet Living: 690.00
Year Built: 1974
Building Area Total: 789
Building Name: A51
Construction Materials: Block, Stucco
Direction Faces: East
Foundation Details: Slab
Property Age: 45
Property Condition: Completed
Roof: Shingle
Levels or Stories: 3

Sewer: Public Sewer
BB/HS Internet Available
Cable Available
Cable Connected
Electricity Available
Electricity Connected
Phone Available
Public
Street Lights
Water Source: Public

Phillippi Shores Elementary School is a public elementary school located approximately 1.9 miles away.
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Brookside Middle School is a public middle school located approximately 3 miles away.
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Sarasota High School is a public high school located approximately 4.6 miles away.
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Saltmeadow School is a private elementary, middle and high school located approximately 0.6 miles away.
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Mangrove School of Sarasota is a private elementary and middle school located approximately 0.6 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.