4 months on rocket

5830 Midnight Pass Rd Unit 502, Sarasota, FL, 34242

$1,450,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,285 SqFt
$1,128/SqFt
Condo

Location

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5830 Midnight Pass Rd Unit 502, Sarasota$1,450,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Ground Level, Guest, Under Building
Year Built1976
HeatingCentral
CoolingCentral Air
ViewWater
MLS #A4617982
StatusActive

About 5830 Midnight Pass Rd Unit 502

The Beach Elevated this updated 5th floor high above the Gulf a Golden opportunity to own directly on Siesta Key Beach. Rarely available perfectly situated direct beach front with a weekly rental program managed on site 52 weeks a year. Endless BEACH VIEWs in the wrap around deck specific to this unit on the 5th floor you will be well protected from high tides. NEW HURRICANE WINDOWS and/or shutters 2023 new railings on the balconies and fresh interior and exterior paint assessments have been paid. This unit comes turnkey furnished a top performer when rented Unit 502 has earned $80k in rental income so far 2024. You will love the large wine refrigerator great for chilling soft drinks and water too enjoy on your open balcony hovering over the beach cannot get closer that this and still able to sleep at night. You will appreciate the extra owners storage unit on the first level of the building convenient for your personal beach chairs and umbrellas. Jamaica Royale features 3 swimming pools and beach side chairs for relaxing on Crescent Beach. Central island location for easy access to south and north villages on Siesta key shopping dining and live entertainment. Access the trolley for free rides to either end of Siesta Key. This unit is rented through August 3, 2024 and then will be available showings and inspections. This property has had the "MILESTONE" inspection for the complex

Property Details

Property Features

Property Information:

  • Architectural Style: Florida
  • Year Built: 1976
  • Stories: 7
  • Living Area: 1,285 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 366-8070
  • Listing Agent: Marianne LeBar

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Cooler
  • Flooring Type: Tile, Wood
  • Interior: Ceiling Fans(s), Open Floorplan, Stone Counters, Thermostat, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Water
  • Exterior: Balcony, Hurricane Shutters, Sliding Doors

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Ground Level, Guest, Under Building

Lot Features

Lot Information:

  • Lot: Near Public Transit, One-Way Street, Paved, Private

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: North Siesta Key Bridge or South Stickney Point Bridge with take you to Midnight Pass Road (MPR) to 5830 Jamaica Royale now gated located mid key directly on the beach. This is the 5th floor in Tower 2 panoramic views easy to locate.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,450,000
  • Price Per SqFt: $1,128/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

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Sarasota, FL

City

Med. Sold Price

$520.7K

Med. Price/SqFt

$305

Avg. Days On Market

62

# of Sold Homes

302

5830 Midnight Pass Rd Unit 502 vs Sarasota

121 DAYS ON ROCKET

+59 Days

$1,450,000

+$929.2K More

$1,128/SqFt

+$823 More

KEY TAKEAWAY

This property is $929.2K more than the Median Sold Price and $823/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4617982

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 366-8070
  • Listing Agent: Marianne LeBar

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 5:19:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,304

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,414

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-376267
8
/10

  • Phillippi Shores Elementary School

  • 4747 S Tamiami Trl

  • 1.95 miles

  • Public Magnet Grades PK-5

school-card-donut-376268
6
/10

  • Gulf Gate Elementary School

  • 6500 S Lockwood Ridge Rd

  • 2.33 miles

  • Public District Grades PK-5

school-card-donut-376269
10
/10

  • Southside Elementary School

  • 1901 Webber St

  • 3.31 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,734. Most Sarasota, FL residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5830 Midnight Pass Rd Unit 502

What is the listing price of this property?

The listing price of 5830 Midnight Pass Rd Unit 502 property is $1,450,000.

What type of property is this?

The property 5830 Midnight Pass Rd Unit 502 is a condo located in Sarasota, Florida, 34242.

Is this property for sale now?

Active Listing: 5830 Midnight Pass Rd Unit 502 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5830 Midnight Pass Rd Unit 502 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5830 Midnight Pass Rd Unit 502 is 1,285 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5830 Midnight Pass Rd Unit 502 is 1976.

Rocket Homes›Florida›Sarasota County›Sarasota›34242›5830 Midnight Pass Rd Unit 502

This home is located at 5830 Midnight Pass Rd Unit 502 in Sarasota, FL and zip code 34242 in the Siesta Key neighborhood. This 1,285 square foot home was built in 1976. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 23, 2024 and is currently priced at $1,450,000.

In October 2024, from all listings sold in Sarasota, FL there were more than 13 sold above asking price, over 242 sold below and more than 47 were sold right at the asked price. Between September 2024 and October 2024, Sarasota, FL real estate market has seen decrease in the number of listings by 0.8%. The median list price of listings available in October 2024 was $520,718, while the average time on the real estate market was 62 days.

From Rocket Homes Real Estate and based on county public records data.

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