5966 Midnight Pass Road Unit G-51 & G-58, Sarasota, FL 34242

$2,000,000
3
BD
3
BA
2,088
SqFt

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Sold Price
$2,000,000
List Price
$2,075,000
Status
Sold
Days on Market
203
Closing Date
Dec 18, 2023
MLS#
A4568657
Property Style
Condo
Architectural Style
Florida
Year Built
1970
Bedrooms
3
Bathrooms
3
Baths Half
1
Living Area
2,088
Building Name
Palm Bay Club
Monthly Condo Fee
2307
Legal Subdivision Name
Palm Bay Club I
Community Name
Palm Bay Club
MLS Area Major
Sarasota/Crescent Beach/Siesta Key

Property Description

BREATHTAKING amazing Gulf of Mexico views and ONCE IN A LIFETIME OPPORTUNITY for this ONE-OF-A-KIND condominium residence in the desirable Gulffront Tower building in the Palm Bay Club on the island of Siesta Key. The current owners combined a 2BR unit with the adjacent 1BR unit and redesigned it to create a fabulous 2-bedroom plus den/study, which could be converted to a third bedroom. On the desirable southwest corner of the fifth floor, walls of glass allow for dramatic panoramic beach views. Every room has stunning views of the wide, white quartz-sand beach of #1 Siesta Key beach and the azure Gulf of Mexico. The spacious, light-filled living room has marble floors with a separate dining area. In the kitchen you will find a Subzero refrigerator, an eat-at breakfast bar, ample storage, a pantry room and a view overlooking the beach as you prepare your meals. The owner's suite boasts French doors, a sitting room, a boudoir bathroom with jetted tub, grass cloth wallcoverings and a view looking south at the beach. The guest bedroom is private with an incredible Gulf of Mexico view and ensuite bathroom. The study could be converted back to a third bedroom but currently has a wet bar, many built-ins, work desk and amazing views. This residence includes a powder room, 2 air conditioners, 2 water heaters, newer washer/dryer, surround sound, turnkey furnished and is just waiting for your personal touch and update to make it your own. Resort amenities include private deeded access to white-sand beaches and beach chairs, two heated swimming pools (one beachside), large hot tub overlooking the Intracoastal waterway, barbecue grills, fishing pier, lighted tennis & pickleball courts, fitness center, complimentary wifi and 24-hour security. EXCELLENT RENTAL POTENTIAL as the Palm Bay Club offers an upscale rental program with a 3-day minimum rental policy which is an attractive opportunity as an investment, winter retreat or primary residence. Enjoy the island lifestyle only minutes from the boutiques, fun restaurants and entertainment in Siesta Village and a short drive to museums, theater, art galleries & restaurants in downtown Sarasota.

Additional Information

Taxes
$8999
Minimum Lease
1-7 Days
Maintenance Includes
Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Pool, Recreational Facilities, Security, Sewer, Trash, Water
Condo Fees
$6920
Condo Fees Term
Quarterly
Community Features
Buyer Approval Required, Clubhouse, Deed Restrictions, Fishing, Fitness Center, Pool, Tennis Courts, Water Access, Waterfront, Maintenance Free, Security
Property Description
One Story
Zoning
RMF3
Interior Layout
Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Elevator, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Wet Bar, Window Treatments
Interior Features
Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Elevator, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Wet Bar, Window Treatments
Floor
Carpet, Ceramic Tile, Marble, Tile
Appliances
Bar Fridge, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Utilities
Cable Connected, Electricity Connected, Public, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air, Zoned
Exterior Construction
Concrete
Exterior Features
Lighting, Outdoor Grill, Outdoor Shower, Tennis Court(s)
Roof
Built-Up
Foundation
Stilt/On Piling
Pool
Community
Pool Type
Gunite, Heated, In Ground, Lighting
Elementary School
Phillippi Shores Elementary
Middle School
Brookside Middle
High School
Sarasota High
Water Name
Gulf Of Mexico
Water Extras
Dock - Open, Dock - Slip 1st Come, Fishing Pier
Water View
Beach, Gulf/Ocean - Full, Gulf/Ocean - Partial
Water Access
Bay/Harbor, Beach, Beach - Access Deeded, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
Water Frontage
Beach Front, Gulf/Ocean
Pets
Not Allowed
Floor Number
5
Flood Zone Code
AE, VE
Parcel ID
0105136031
Legal Description
UNITS G-51 & G-58 PALM BAY CLUB OF SARASOTA SEC 1 OR 2255/1308

Listing courtesy of COLDWELL BANKER REALTY. 941-383-6411

Selling Office: COLDWELL BANKER REALTY.

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