$1,150,000
5966 Midnight Pass Road
Sarasota, FL 34242
Listing updated: June 11, 2026 at 9:39 AM ET
Property type
Year built
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Under contract-accepting backup offers. Experience breathtaking, panoramic Gulf of Mexico views from this one of a kind penthouse-level residence. Located in the coveted Gulf-Front Tower at the Palm Bay Club on Siesta Key! Sitting high above the shoreline, you'll have the opportunity to experience amazing Siesta Key Sunsets like never before! This rare opportunity features a bright, open layout with a welcoming foyer, crown molding, and tile flooring throughout. The spacious kitchen includes granite countertops, trey ceiling detail, breakfast-bar seating, and a direct backdrop of the shimmering Gulf. The utility room adds valuable convenience and storage. Resort-style amenities include private deeded beach access, beach chairs, two heated pools (including one beachside), a large hot tub, barbecue areas, bayside fishing pier, lighted tennis & pickleball courts, fitness center, complimentary WiFi, 24-hour security and more. With excellent rental potential and a 3-day minimum rental program, this residence is ideal as a high-performing investment, seasonal escape, or full-time coastal retreat. Offering the best of both worlds with flexibility to make a nice income while still enjoying it personally. The onsite rental management provides an effortless, hands-off experience. Enjoy the island lifestyle just minutes from Siesta Key Village’s boutiques and restaurants, and a short drive to Downtown Sarasota’s vibrant arts and dining scene.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history126 days on market
- Status: PendingApr 7, 2026
- Listed$1,150,000Dec 2, 2025
- Price increased$1,150,000
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Pending
- Days on market
- 126
- Subdivision
- Palm Bay Club I
- County
- Sarasota
- Year built
- 1970
- Living area
- 864 sq ft
- Price/sq ft
- $1,331
- Flood zone
- AE
- Annual taxes
- $9,506 (2024)
- Parcel #
- 0105136086
- Zoning
- RMF3
- MLS #
- A4671884
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Interior Details
- Bedrooms
- 1
- Full bathrooms
- 1
- Flooring
- Tile
- Appliances
- Dishwasher, Microwave, Refrigerator
- Interior features
- Ceiling Fans(s), Crown Molding, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
- Laundry
- Laundry Room
- Stories / Levels
- One
- Direction faces
- West
Heating & Cooling
- Heating
- Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 0
- Attached garage
- No
- Parking features
- Covered, Guest, Open
- Carport
- Yes
HOA & Financial
- Total monthly fees
- $1,039/mo
- Total annual fees
- $12,464
- HOA name
- Palm Bay Club Association/Tammy Calhoun
- CDD
- No
- Min lease term
- 1-7 Days
- Listing terms
- Cash, Conventional
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Contact the association to confirm all leasing restrictions.
- Approval process
- Application
Exterior & Construction
- Exterior features
- None
- Construction materials
- Block, Stucco
- Roof
- Built-Up
- Foundation
- Pillar/Post/Pier
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Community
- Pets allowed
- No
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Foyer | First | 4.6x5.3 |
| Kitchen | First | 6.9x7.11 |
| Living Room | First | 11.6x18.2 |
| Dining Room | First | 12.2x8.2 |
| Primary Bedroom | First | 13.1x16.1 |
Listing Details
- Listing date
- 2025-11-28
- On market date
- 2025-12-02
- Original list price
- $1,150,000
- Occupant type
- Owner
- MLS area
- 34242 - Sarasota/Crescent Beach/Siesta Key
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-04-07
- Tax legal description
- UNIT G-118 PALM BAY CLUB OF SARASOTA SEC 1
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Stickney Point/Clark Road west to Midnight Pass Road turn left and go west into Palm Bay Club.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively 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.
Based on information submitted to the MLS GRID as of June 11, 2026 at 9:39 AM ET. 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.
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