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Back 505/6500 Midnight Pass Road
Off Market

505/6500 Midnight Pass Road

Sarasota FL 34242

2
2
1
1186 sq. ft.
Condo
Last sold for $850,000
Judy Kepecz-Hays, PAJudy Kepecz-Hays, PA, last sold this property on 26 August 2022 after 34 days on market.

Overview

Enjoy owning on Siesta Key Beach! Walk on the beautiful unique quartz sand with crystal blue waters of the Gulf of Mexico. Experience captivating views from this penthouse 5th floor, 2-bedroom, 2-bathroom residence on Siesta Key's world-famous beach. Both bedrooms are en-suite and include walk-in closets. Take in the views from your private patio with access from the master and living area. This unit is unique in the fact that the ceilings have been raised and updated. Being sold turnkey furnished, this residence at Seashell is ready for investment use and is loaded with incredible income potential with 7-day minimum rentals and onsite management. Seashell Condominium is just south of the Stickney Point Bridge for easy access and is within walking distance to shopping, multiple entertainment options, and a full-service marina. Walk across the street to Captain Curt's, Daiquiri Deck, or Crescent Club, shop the local boutiques or take a ride on the Siesta Breeze up to the North Village for additional entertainment. Seashell offers a heated community pool, beach chairs, a private grilling area, and a covered pavilion on the famous white sand of Siesta Key Beach. Under building parking, Gross income is $77,900, Net income is $67,000, and Management Fee is 15%. Enjoy your vacation for free while you're getting your income!

Features

2 bedrooms
2 bathrooms
1 carspace
1 carport space
1186 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Sarasota over the last 12 months, the estimated median property value of 505/6500 Midnight Pass Road is $665k.

Median value
$665k
Estimated value range
$325k - $2.15m
Median days on market
75
Estimated value trend
-16%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Sarasota. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 505/6500 Midnight Pass Road

2022
Sold
$850,000
26 Aug 2022 by Judy Kepecz-Hays, PA, of COLDWELL BANKER REALTY

Happy sellers in Sarasota

89%
89% of sellers in Sarasota reported that their sale price either exceeded or met their price expectations.

Sarasota stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Sarasota over the last 12 months.

Local market activity for 2 bedroom condos in Sarasota

In the last 12 months, 192 two-bedroom condos similar to 505/6500 Midnight Pass Road, have been sold.

This represents a 26% decrease in two-bedroom condos sales when compared to the previous 12 months.

Nearby agents

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Mike Martino

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Steve Abbe

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Maurice Menager

Sellers who recommend Maurice Menager have praised them for being local expert, responsive, clear communication, supportive, pleasant, great negotiation, and detail-oriented

  •   5   (51 reviews)
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Cheryl Santelli

Cheryl Santelli is a recommended agent for Sarasota.  They have 6 local sales and collected 1 local review across the last 12 months.

  •   5   (14 reviews)
  •  1 Review in Sarasota
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