A rare and exceptional offering within Building F at Gulf & Bay Club on Siesta Key, Unit 403 presents a truly one-of-a-kind coastal retreat. Completely taken down to the studs and reimagined in 2023, this residence showcases a meticulous, high-end renovation where no detail was overlooked. From the moment you enter, you’re welcomed by a light-filled, open-concept design with sweeping direct Gulf views that immediately set the tone. The chef’s kitchen is the centerpiece of the home, anchored by a stunning 12-foot oversized island with seating for six. Featuring eco-friendly PaperStone countertops and backsplash, a full suite of premium Thermador appliances, and seamless custom finishes, the space is as functional as it is striking—all complemented by breathtaking water views as you cook and entertain. Offered turnkey furnished, the interiors are thoughtfully curated with pieces from Arhaus, Restoration Hardware, and other luxury brands, creating a cohesive and sophisticated aesthetic. The open layout flows effortlessly from kitchen to dining to living, enhanced by custom built-ins that provide both style and smart storage, including a paneled wine refrigerator. Wake up to the Gulf from your private primary suite, a serene retreat designed for both comfort and elegance. This space features a dedicated vanity area, custom walk-in closet, and a beautifully appointed en-suite bath, offering a spa-like experience within your own home. Additional highlights include engineered hardwood flooring throughout, hurricane-impact windows and sliders, solid-core doors, and extensive custom storage solutions—all contributing to the home’s elevated design and livability. This two-bedroom, two-bath residence is set within the highly sought-after Gulf & Bay Club, where residents enjoy an unmatched, resort-style lifestyle across 32 acres of lush, manicured grounds. Indulge in 800 feet of private, powdery white sand beach, three heated pools, tennis and pickleball courts, a state-of-the-art fitness center with yoga studio and saunas, and multiple clubhouses featuring lounges, billiards, and social spaces. Additional amenities include barbecue and picnic areas, freshwater lakes, and EV charging stations. Ideally located just moments from the dining, shopping, and vibrant energy of Siesta Key Village—including the iconic Sunday Drum Circle—this residence offers the perfect blend of privacy, luxury, and convenience. Unit 403 is more than a home—it’s a rare opportunity to experience the very best of Gulf-front living on Siesta Key.
Beachfront / gulf frontage with deeded beach access
Full gulf/ ocean views
Flood zone
Paved asphalt roads
Private maintained road
Home design
Residential condominium
Completed condition
West-facing
One level (unit on 4th floor of a 5-story building)
Stilt / on piling foundation
Parking
Assigned parking
Covered parking
Carport (1 space)
Circular driveway
Guest parking
Open parking
Ground-level parking
Electric vehicle charging station(s)
Security
Gated community
Security gate
Security system
Fire alarm
Lobby key required
Construction
Concrete construction
Built-up roof
Utilities
Public water
Public sewer
Cable connected
Electricity connected
Sewer connected
Water connected
HOA & community
HOA with quarterly fees
Association requires approval
Association amenities include clubhouse, fitness center, pool, basketball court, pickleball and tennis courts, racquetball, maintenance, management, private road, security
Association fees cover guard (24-hour), cable TV, common area taxes, pool, escrow reserves, insurance, internet, structure and grounds maintenance, pest control, sewer, trash and water
Sale and tax history for 5740 Midnight Pass Rd #403
Sale History
Tax History
Date
Event
Price
Stellar MLS as Distributed by MLS Grid #A4686166
Apr 17, 2026
Listed
$1,950,000
$1,346/sq ft
Stellar MLS as Distributed by MLS Grid #T3360889
May 10, 2022
Sold
$1,399,999
$966/sq ft
Apr 19, 2022
Pending
—
Mar 27, 2022
Price Changed
$1,450,000
$1,001/sq ft
Mar 15, 2022
Listed
$1,500,000
$1,035/sq ft
This beach front unit in Gated Gulf and Bay Club, is beautifully situated on Siesta Key, worldly known white sandy turquoise beach with gorgeous sunsets, direct beach views & coastal views from all the rooms and airy bright coastal living. Meticulously maintained and managed community offers beach access, clubhouse, heated pools including a lap pool with Wifi access, fitness center, property manager and short term rental management service (OPTIONAL) available on site, 1 MONTH minimum rental requirement, tennis, basket ball, shuffleboard courts and grill & picnic areas, electric vehicle charging stations, designated covered carport. SHOWINGS AVAILABLE AFTER APRIL 6th. Lease in plan Jan-Mar 2023
Stellar MLS as Distributed by MLS Grid #A4483669
Jan 25, 2021
Sold
$874,000
$603/sq ft
Jan 11, 2021
Pending
—
Nov 13, 2020
Listed
$899,000
$620/sq ft
Elegant touches, an open layout and water views of the Gulf of Mexico create the most quintessential essence of coastal living. Filled with natural light and a neutral palette to please any style choice, this delightful residence provides 800-ft of beachfront views for endless reminders of paradise living. Meant to satisfy your island dreams, this condominium is perfect for year-round residency or as a beach retreat. Breakfast bar in the eat-in kitchen is perfect for casual dining since fine cuisine can be found in abundance just minutes from home. The spacious dining/living room combination overlooks blue skies, powder sand, palm trees and azure waters. You have immediate access from and to the lanai into the master suite featuring an en-suite bath. Visitors will appreciate the privacy of the guest bedroom and a generous second bathroom. Desirable community amenities are yours to enjoy like living everyday on vacation with three large heated pools including a lap pool and accessible WiFi, two electric vehicle charging stations, eight tennis courts with one being a Har-Tru court, two clubhouses, saunas, basketball and shuffleboard courts, fitness center, along with numerous social activities. Relishing the finer things in life has never been so easy.
Public Records
Aug 17, 1990
Sold
$340,000
$235/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$12,418 (−12.2%)
$1,028,500
2024
$14,150 (+6.8%)
$1,182,800
2023
$13,254 (+17.7%)
$1,102,300
2022
$11,257 (+20.1%)
$924,300
2021
$9,375 (+1.7%)
$736,200
2020
$9,221 (−12.5%)
$708,500
2019
$10,537 (−0.1%)
$819,700
2018
$10,553 (+106.5%)
$820,700
2017
$5,110
2016
$5,106 (−1.8%)
2015
$5,202 (+0.4%)
2014
$5,183
2013
$5,182 (+2.8%)
2012
$5,041
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
2013
Finished Sq. Ft.
1,337
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,337
Year built
1986
Style
Condo/Co-op
County
Sarasota County
APN
0105046127
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
RMF-3
SKOD
Multi-Family District
The RMF Districts permit multifamily residential densities, which may take the form of a variety of housing types, including single-family detached, lot line, traditional, patio, villa, atrium, duplex, townhouse, multiplex, or apartment units. These districts are used in areas having convenient access to both collector and arterial streets, and nearby civic and commercial uses, as well as employment opportunities; The RMF Districts are generally used to implement the Comprehensive Plan within those areas shown as Medium Density Residential, High Density Residential, Office Multifamily Residential Areas and Corridors, and Town and Village Centers on the Future Land Use Map, on the Barrier Islands where the application of the district would not increase the density of development or hamper hurricane evacuation planning and disaster mitigation efforts, and Developments of Regional Impact. The RMF Districts, while not a primary implementing district, may also be allowed in Regional, Community, Village I, Village II, and Neighborhood Commercial Centers. Appropriate densities within the Medium Density and High Density Residential areas shall be guided by the density ranges as outlined in Future Land Use Policy 1.1.1, Objective 2.3, and Policy 2.3.1 of the Comprehensive Plan. These densities shall also be determined, in part, by the land use designations and developed residential areas surrounding the parcel.
Zone overlays
Siesta Key Overlay District
Permitted uses
Include but are not limited to:
Community / recreation center
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Infrastructure
Wastewater treatment
Park & open space
Climate risks
9/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 107° expected this year, 30 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Sarasota, FL • 34242
Average low and high temperatures (°F)
68
53
71
58
77
63
81
68
85
75
89
78
90
79
89
79
87
76
84
71
78
64
74
59
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
84/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.4 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5740 Midnight Pass Rd #403
$1,776,154
$174K under list price of $1.95M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $990K to $1.4M.