5966 Midnight Pass Rd #g-54, Sarasota

$765,000

1 Beds
1 Baths
768 Sqft
0 Acres
1 Garages

This beautiful condo, located in the sought-after Grand Tower of the Palm Bay Club has breathtaking views of the famous Siesta Key Beach from both the bedroom and living room. There is simply no better way to watch the sunset than on the patio of this unit, unwinding after a day of enjoying everything the area has to offer! This turn-key furnished 1 bedroom/ 1 bath unit is tiled throughout and is ready to be used as an immediate investment property or kept for personal use. Palm Bay Club is known for it's willingness to rent for longer periods or as little as three days, keeping the rental calendar full if that's how you wish to utilize your new investment. As a matter of fact, this unit is so popular for vacationers that it is already completely booked for January and February of 2021!!! The unit has averaged $49,000 per year in rental income over the past five years. This Gulf to Bay community features 2 pools (one directly on the bay), tennis courts, newly renovated fitness room, available boat slips, fishing pier, grills, and deeded beach access. The newly renovated onsite rental management office ensures that renters and owners are well cared for. Palm Bay Club is just a short shuttle ride to any area of Siesta Key.

Essential Information
MLS® #A4457252
Price$765,000
Bedrooms1
Bathrooms1.00
Full Baths1
Square Footage768
Acres0.00
Year Built1970
TypeResidential
Sub-TypeCondominium
StatusActive
Price Per Sqft$996
Community Information
Address5966 Midnight Pass Rd #g-54
SubdivisionPalm Bay Club I
CitySarasota
CountySarasota County
StateFL
Zip Code34242
Pet Restrictions YNY
Pets Allowed YNN
Minimum Lease1-7 Days
Area

Sarasota/Crescent Beach/Siesta Key

Community Features

Boat Slip, Cable, Dock, Elevators, Fitness Center, Pool, Tennis Courts, Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, Water Access, Waterfront, Laundry, Optional Additional Fees

Amenities
Parking Spaces1
# of Garages1
Garages1 Car Carport
ViewWater View
Water ViewGulf/Ocean - Full
Utilities

Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Street Lights, Water Available

Features

Boat Slip, Cable, Dock, Elevators, Fitness Center, Pool, Tennis Courts, Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, Water Access, Waterfront, Laundry, Optional Additional Fees

Interior
InteriorCeramic Tile
HeatingCentral
CoolingCentral Air
# of Stories11
StoriesOne
Interior LayoutLiving Room/Dining Room Combo
Kitchen FeaturesGranit Counters
Master Bed Size21x12
Interior Features

Living Room/Dining Room Combo, Thermostat, Window Treatments

Appliances

Built-In Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator

Exterior
ExteriorBlock
WindowsBlinds
RoofConcrete
FoundationSlab
Exterior Features

Irrigation System, Lighting, Sidewalk, Sliding Doors

Room Dimensions
Dining Room7x12
Living Room12x12
Kitchen8x7
Master Bedroom21x12
School Information
ElementaryPhillippi Shores Elementary
MiddleBrookside Middle
HighSarasota High
Additional Information
Days on Market134
ZoningRMF3
Normal SaleYes
Costs
Condo Fees$1,992
Condo Fees TermQuarterly
Taxes$5,663
Tax Year2019

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

Listing information last updated on June 4th, 2020 at 11:00am EDT.