5760 Midnight Pass ROAD, #307D, Siesta Key, FL, 34242 | $1,279,000

One or more photo(s) has been virtually staged. Welcome home to Gulf & Bay Club, the premiere condo complex on the coveted Siesta Key Beach! This spectacular unit has been completely remodeled with solid wood cabinets, quartz countertops, stainless steel appliances, recessed lighting, and wood-look tile floors throughout. Located on 32 acres with 800 ft of private beach, this 3rd-floor condo offers fabulous views, both day and night, of the freshwater lake, fountains, island lagoon, swimming pools, sandy beach, and the Gulf of Mexico beyond. The kitchen has a built-in desk and white cabinets with soft-close drawers and doors. The primary bedroom has access to the lanai and the ensuite bath has dual sinks and a walk-in shower. The second bedroom has a huge closet and could easily accommodate two full-size beds. You will also enjoy the convenience of your private laundry room with full-size washer and dryer. I challenge you to find another property on Siesta Key with all the amenities that gated Gulf & Bay Club has to offer. Located adjacent to the world-famous Siesta Key Beach, ranked #1 in the US by TripAdvisor, with its powdery white quartz sand. Whether you are into pickleball, tennis, shuffleboard, basketball, racquetball, billiards, or working out in the commercial-grade fitness center, you will find it all here. Maybe a day of relaxation is called for…why not hang out by one of the three swimming pools, relax in the indoor spa, or one of the three dry saunas? There are several BBQs and picnic areas, and Wi-Fi is available throughout the complex. When you add to that a car wash area, electric car charging stations, 2 clubhouses, a guest suite that owners can rent for up to two weeks, and 24-hour security, how could you not call Gulf & Bay Club home? Come check out all that Gulf & Bay Club has to offer!

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 7
  • Amenities: Basketball Court, Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Pickleball Court(s), Pool, Racquetball, Sauna, Security, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s), Vehicle Restrictions
  • Rooms: 8
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Complex: GULF & BAY CLUB PH 4
  • Year Built: 1981
  • Approx Sq. Feet: 1,361
  • Acreage: 32
  • Est. Taxes: $9,424
  • Condo Fee: $4,759 Quarterly
  • Lot Desc: In County, Near Public Transit
  • View: Pool, Water
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pet Policy: No
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: A4629502
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A4629502/5760midnightpassroad_siestakey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/20/2024 12:36:54 PM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-366-8070

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

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5760 Midnight Pass ROAD, #307D, Siesta Key, FL, 34242

$1,279,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,023,200 $1,023,200 $1,023,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.851% 6.790%
Monthly Tax Payment $785 $785 $785
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,552 $6,636 $8,984
Total Monthly Payment $7,462 $7,546 $9,894

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.