OFF MARKET
5855 Midnight Pass Rd #407, Sarasota, FL 34242
Off market jan 2025 for $400K
$736,501
Est. refi paymentEst. refi $2,830/mo
3
bd
•
3 ba
•
1,593
sq ft

5855 Midnight Pass Rd #407, Sarasota, FL 34242

map-entry

About this home

CondoProperty Type
1976Year Built
$462Est. Price/Sq.Ft.
1 spaceParking
Listed by Suzy Kolaz • KELLER WILLIAMS ON THE WATER S
Bought with Suzy Kolaz • KELLER WILLIAMS ON THE WATER S
Source:Stellar MLS as Distributed by MLS Grid #A4565453

Redfin Estimate

$736,501
$337K since sold in January 2025$76K since September

This home's estimate is 15.5% lower than the average sale price ($872K) of 6 comparable homes.

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Earn from this home

Sell
$382,141
Est. take-home

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Refinance
$0
Est. cash available

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Rent
$2,684/mo
Redfin rental estimate

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Market trends in 34242, FL

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-list price
94.0%

0.6% MoM

Median sale price
$1.1M

$100K MoM

Avg. days on market
143d

15 days MoM

Recently sold homes
127

4 MoM

New listings for sale

Provided by Redfin

Sale history for 5855 Midnight Pass Rd #407

Tax history for 5855 Midnight Pass Rd #407

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

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

Property details

About this building

6 for sale
5855 Midnight Pass Rd Sarasota, FL, 34242
See photos & sale trends
Photo via 221 listing
Units for sale
333
$475,0001 bed1 bath751 sq ft
611
$599,0002 beds2 baths1165 sq ft
222
$620,0002 beds2 baths1180 sq ft
221
$634,9002 beds2 baths1152 sq ft
605
$719,0002 beds2 baths1056 sq ft
420
$745,0002 beds2 baths1152 sq ft

Around this home

Schools

Phillippi Shores Elementary School

Public PreK-5 • Assigned • 1.6mi

9/10
Brookside Middle School

Public 6-8 • Assigned • 2.6mi

6/10
Sarasota High School

Public 9-12 • Assigned • 4.2mi

5/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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, 28 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

In this area, properties receive around 9.2 hours in June and 6.4 hours in December, placing it above the U.S. average for solar exposure.

9.2 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$700,000 – $847,000

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Nearby similar homes

NEW 9 HRS AGO
$579,000
2 beds1.5 baths836 sq ft
6154 Midnight Pass Rd Unit A-3, Sarasota, FL 34242
Freestanding villa • Renovated kitchen • Rare in unit laundry
3D WALKTHROUGH
$629,900
2 beds2 baths1,282 sq ft
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Beach access • Community pool • Assigned parking
$4,500,000
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1142 Windsong Ln Unit B, Sarasota, FL 34242
Saltwater pool • Swim-up bar • Built-in slide
$515,000
2 beds2 baths1,012 sq ft
5619 Midnight Pass Rd #503, Sarasota, FL 34242
Completely remodeled • Open concept design • $1,065 HOA
3D WALKTHROUGH
$1,365,000
3 beds3 baths2,200 sq ft
1260 Dolphin Bay Way #404, Sarasota, FL 34242
High impact windows • Corner unit • End unit
OPEN SUN, 1PM TO 3PM
$1,100,000
2 beds2 baths1,361 sq ft
5780 Midnight Pass Rd Unit B105, Siesta Key, FL 34242
Pristine beachfront • Three heated pools • Eight tennis courts

New listings for sale in 34242

NEW 9 HRS AGO
$579,000
2 beds1.5 baths836 sq ft
6154 Midnight Pass Rd Unit A-3, Sarasota, FL 34242
Freestanding villa • Renovated kitchen • Rare in unit laundry
NEW 10 HRS AGO
$689,000
2 beds2 baths894 sq ft
6312 Midnight Pass Rd Unit 305S, Sarasota, FL 34242
Gulf view • Split bedroom plan • $1,107 HOA
NEW 14 HRS AGO
$599,000
2 beds2 baths1,165 sq ft
5855 Midnight Pass Rd #611, Sarasota, FL 34242
Partial views • Extensive renovation • $776 HOA
NEW 30 HRS AGO
$4,975,000
3 beds3.5 baths2,330 sq ft
3740 Bayou Louise Ln, Sarasota, FL 34242
Waterfront location • Protected peninsula • Boating access
OPEN SUN, 1PM TO 3PMVIDEO TOUR
$3,100,000
3 beds4.5 baths3,587 sq ft
7200 Melaleuca Way, Sarasota, FL 34242
Impact rated windows • Private dock • 0.76 acre lot
EARLY ACCESSCOLDWELL BANKER REALTY COMING SOON
$489,900
2 beds2 baths1,072 sq ft
5619 Midnight Pass Rd #502, Sarasota, FL 34242
Serene canal • Water views • Community pool
3D WALKTHROUGH
$1,359,000
2 beds2 baths1,626 sq ft
4712 Ocean Blvd Unit W5, Sarasota, FL 34242
Lush green lawn • Gulf views • Renovated kitchen
3D WALKTHROUGH
$1,650,000
3 beds2.5 baths2,308 sq ft
5140 Windward Ave, Sarasota, FL 34242
Gated entrance • Updated kitchen • Granite countertops
3D WALKTHROUGH
$7,450,000
4 beds4.5 baths6,033 sq ft
8569 Midnight Pass Rd, Sarasota, FL 34242
1.16 acre lot • 4 garage spots • Pool

Home values near 5855 Midnight Pass Rd #407

Data from public records.

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