$760,000
5968 Midnight Pass Road
Sarasota, FL 34242
Listing updated: June 25, 2026 at 4:16 PM ET
Listing courtesy of Michael Saunders & Company · Jonathan Abrams, PLLC · MLS #A4681104 · Pending · 941-349-3444Property type
Year built
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Under contract-accepting backup offers. Looking for the perfect 2-bedroom, 2-bath investment beach condo on Siesta Key? This second-level residence presents a strong income-producing opportunity at the desirable, gulf-front Palm Bay Club. Ideally situated on the beach side of Midnight Pass Road, unit #158 features a comfortable coastal design with an open floor plan, beachy ambiance, and tile flooring throughout, making it move-in ready for owners, guests, and short-term renters alike. Just steps from the pristine blue waters and powder-white sands of Siesta Beach, the thoughtfully designed and tastefully furnished interior maximizes space and functionality with seamless flow from the kitchen to dining and living areas. One of the premier beach-to-bay communities on Siesta Key, Palm Bay Club offers an exceptional array of amenities including two heated swimming pools, a hot tub overlooking the bay, fitness center, lighted tennis court with two pickleball courts, BBQ grills, a fishing pier, and boat docks available for daily rental. With a rare three-night minimum rental policy on Siesta Key and onsite management, this is an outstanding opportunity for the savvy owner-investor seeking both lifestyle and income.
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 history122 days on market
- Status: PendingJun 25, 2026
- Listed$775,000Feb 6, 2026
- Price reduced$760,000
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Pending
- Days on market
- 122
- Subdivision
- Palm Bay Club Iii
- County
- Sarasota
- Year built
- 1975
- Living area
- 1,134 sq ft
- Price/sq ft
- $670
- Lot size
- 0 sq ft
- Lot category
- Non-Applicable
- Flood zone
- AE (12115C0143G)
- Annual taxes
- $7,449 (2025)
- Parcel #
- 0105136248
- Zoning
- RMF3
- MLS #
- A4681104
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Flooring
- Tile
- Appliances
- Dishwasher, Range, Refrigerator
- Interior features
- Built-in Features, Ceiling Fans(s), Crown Molding, Open Floorplan, Solid Surface Counters
- Laundry
- Common Area
- Stories / Levels
- One
- Direction faces
- Northwest
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Parking features
- Guest, Open
HOA & Financial
- Total monthly fees
- $1,443/mo
- Total annual fees
- $17,316
- HOA name
- Palm Bay Club Association France Langan
- CDD
- No
- Min lease term
- 1-7 Days
- Listing terms
- Cash, Conventional, Other
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Ask Association
- Approval process
- Ask Association
Exterior & Construction
- Exterior features
- Other
- Construction materials
- Block, Concrete
- Roof
- Built-Up
- Foundation
- Slab
- Waterfront
- Yes
- Water access
- Yes
- Road surface
- Brick, Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Community
- Pets allowed
- No
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | First | |
| Living Room | First | |
| Primary Bedroom | First | |
| Bedroom 2 | First |
Listing Details
- Listing date
- 2026-01-30
- On market date
- 2026-02-06
- Original list price
- $775,000
- Occupant type
- Tenant
- MLS area
- 34242 - Sarasota/Crescent Beach/Siesta Key
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-06-25
- Tax legal description
- UNIT S-22 PALM BAY CLUB OF SARASOTA SEC 3
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
From Stickney Point go North on Midnight Pass. Palm Bay Club is on your left.
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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 25, 2026 at 4:16 PM 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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