Rarely available Siesta Key income-potential Gulf-front condominium with spectacular, long and sweeping views of the azure-blue waters of Siesta Key and the Gulf of Mexico. Available for short-term rental pool or keep it for yourself! The iconic Jamaica Royale Towers are inarguably one of the best waterfront opportunities and examples of inspired condominium living on Siesta Key and has great investment potential. Once inside this spacious 2-bedroom, 2-full-bath residence, one is greeted with beach and Gulf water views. This meticulously maintained unit offers an updated kitchen including granite counters and a breakfast bar that opens to the dining and living room. New luxury vinyl flooring throughout, new plumbing, new AC, new water heater, new hurricane impact windows and sliders. This split floor plan boasts a very spacious master en-suite bedroom with views of the Gulf and a tastefully updated bath. The 2nd bedroom, with the adjacent updated 2nd bath, offers plenty of room and privacy for family or guests. The enclosed balcony, which can be an air-conditioned space, sets the stage for spectacular sunsets, beach views, and boats sailing by or can be opened for cross breezes and the soothing sea breezes from the Gulf. Relax by 3 heated pools or take a short stroll to the Siesta Key tennis & pickleball courts, playground, snack bar & pavilion. Premier location with access to both Siesta and Crescent Village's entertainment, dining, shopping, and so much more. Don’t forget about the short bike ride to the mainland for all your dining and shopping needs. Jamaica Royale offers residents a well-maintained on-site managed and pet-friendly community. This unit has been in the rental pool and can be rented short term, 1-7 days and has great income potential. The seller has paid in full all assessments, including updating the lobby which should be completed soon. Units in this building rarely become available, and usually sell to other owners, so why wait? Make your Florida dream come true now!
Sold for $1,255,000 on 04/27/23
$1,255,000
5830 Midnight Pass Rd #304, Sarasota, FL 34242
2beds
1,285sqft
Condominium
Built in 1976
-- sqft lot
$1,145,500 Zestimate®
$977/sqft
$3,945 Estimated rent
Home value
$1,145,500
$1.03M - $1.27M
$3,945/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 26, 2024 at 08:12pm
Listing Provided by:
Liz Arme 941-266-4003,
PREMIER SOTHEBY'S INTERNATIONAL REALTY 941-364-4000
Bought with:
John Thorson, PA, 3301227
COLDWELL BANKER REALTY
Source: Stellar MLS,MLS#: A4557116
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: En Suite Bathroom, Shower No Tub
- Level: First
- Dimensions: 12x15
Bedroom 2
- Features: Walk-In Closet(s)
- Level: First
- Dimensions: 12x10
Balcony porch lanai
- Level: First
- Dimensions: 10x9
Dining room
- Level: First
- Dimensions: 10x10
Kitchen
- Features: Breakfast Bar, Granite Counters, Pantry
- Level: First
- Dimensions: 12x12
Living room
- Level: First
- Dimensions: 15x12
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry: Inside, Laundry Closet
Features
- Kitchen/Family Room Combo, Primary Bedroom Main Floor, Open Floorplan, Stone Counters, Thermostat, Walk-In Closet(s)
- Flooring: Porcelain Tile, Recycled/Composite Flooring, Vinyl
- Doors: Outdoor Grill, Outdoor Shower, Sliding Doors
- Windows: Blinds, Storm Window(s), Window Treatments
- Has fireplace: No
- Common walls with other units/homes: End Unit
Interior area
- Total structure area: 1,644
- Total interior livable area: 1,285 sqft
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Covered, Guest
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Enclosed, Screened
- Exterior features: Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower
- Pool features: Gunite
- Has spa: Yes
- Spa features: In Ground
- Fencing: Fenced
- Has view: Yes
- View description: Water, Gulf/Ocean - Full
- Has water view: Yes
- Water view: Water,Gulf/Ocean - Full
- Waterfront features: Waterfront, Beach, Gulf/Ocean, Beach Access, Beach - Access Deeded, Gulf/Ocean Access
- Body of water: GULF OF MEXICO
Lot
- Size: 2.33 Acres
Details
- Parcel number: 0105135110
- Zoning: RMF3
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Concrete, Stucco
- Foundation: Raised
- Roof: Concrete
Condition
- Completed
- New construction: No
- Year built: 1976
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
Community & neighborhood
Security
- Security features: Security Lights, Smoke Detector(s)
Community
- Community features: Water Access, Waterfront, Buyer Approval Required, Community Mailbox, Deed Restrictions, Golf Carts OK, Pool
Location
- Region: Sarasota
- Subdivision: JAMAICA ROYALE TOWER II
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,171 monthly
- Amenities included: Cable TV, Elevator(s), Laundry, Pool, Recreation Facilities, Security, Shuffleboard Court, Storage, Vehicle Restrictions
- Services included: Cable TV, Community Pool, Reserve Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Security, Sewer, Trash, Water
- Association name: Castle Group/Stephanie Curtis
- Association phone: 941-349-1800
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/27/2023 | Sold | $1,255,000-5.3%$977/sqft |
Source:  Stellar MLS #A4557116 | ||
| 3/6/2023 | Pending sale | $1,325,000$1,031/sqft |
Source: Stellar MLS #A4557116 | ||
| 1/31/2023 | Price change | $1,325,000-5%$1,031/sqft |
Source: Stellar MLS #A4557116 | ||
| 1/20/2023 | Listed for sale | $1,395,000+64.3%$1,086/sqft |
Source: Stellar MLS #A4557116 | ||
| 2/20/2018 | Listing removed | $849,000$661/sqft |
Source: Coldwell Banker Residential Real Estate - Sarasota Downtown #A4194986 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $819,300 -17.2% |
| 2024 | $11,920 +16.8% | $989,900 +45.8% |
| 2023 | $10,206 +14.9% | $679,088 +10% |
Find assessor info on the county website
Neighborhood: 34242
Nearby schools
GreatSchools rating
- 9/10Phillippi Shores Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 6/10Brookside Middle SchoolGrades: 6-8Distance: 2.9 mi
- 5/10Sarasota High SchoolGrades: 9-12Distance: 4.4 mi
Schools provided by the listing agent
- Elementary: Phillippi Shores Elementary
- Middle: Brookside Middle
- High: Sarasota High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,145,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,145,500