Rarely available Penthouse condo! Excellent Investment Opportunity! Enjoy views of the intra-coastal, Gulf of Mexico, and downtown Sarasota from this top floor 2 bedroom, 2 bathroom condo. Upon entering this condo, you will notice the 9ft ceilings available on the 7th floor of stunning Harbor Towers Yacht and Racquet Club. This condo features a washer and dryer, updated kitchens and bathrooms. Location is everything! Just a short walk to the top ranked Siesta Key Beach with its powdery quartz sand. Hop on the free trolley, which stops right in front of Harbor Towers for shopping, dinner, or music in Siesta Key Village. Go for a bike ride around the island and then store your bike in the well-lit bike storage racks. You can easily venture off the island via one of two bridges and enjoy all the shopping, dining and entertainment that Sarasota has to offer. Investor-friendly building with an on-site rental office, 2 week rentals, and some of the lowest HOA fees on the island. Enjoy life at Harbor Towers in this immaculate turnkey furnished unit. Harbor Towers is one of the largest resort-style properties on Siesta Key. Having an added option for a large boat slip is very rare. $45,000 annual rental potential quoted by a local management company. Room Feature: Linen Closet In Bath (Primary Bedroom).
CondoProperty Type
1976Year Built
$589Est. Price/Sq.Ft.
Listed by Kelli Eggen• RE/MAX TROPICAL SANDS
Bought with Lorna Leduc• CENTURY 21 ROSEBAY
Source:Stellar MLS as Distributed by MLS Grid #A4538530
Redfin Estimate
$621,543
$30K since sold in February 2023$30K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 9.9% lower than the average sale price ($690K) of 6 comparable homes.
Rarely available Penthouse condo! Excellent Investment Opportunity! Enjoy views of the intra-coastal, Gulf of Mexico, and downtown Sarasota from this top floor 2 bedroom, 2 bathroom condo. Upon entering this condo, you will notice the 9ft ceilings available on the 7th floor of stunning Harbor Towers Yacht and Racquet Club. This condo features a washer and dryer, updated kitchens and bathrooms. Location is everything! Just a short walk to the top ranked Siesta Key Beach with its powdery quartz sand. Hop on the free trolley, which stops right in front of Harbor Towers for shopping, dinner, or music in Siesta Key Village. Go for a bike ride around the island and then store your bike in the well-lit bike storage racks. You can easily venture off the island via one of two bridges and enjoy all the shopping, dining and entertainment that Sarasota has to offer. Investor-friendly building with an on-site rental office, 2 week rentals, and some of the lowest HOA fees on the island. Enjoy life at Harbor Towers in this immaculate turnkey furnished unit. Harbor Towers is one of the largest resort-style properties on Siesta Key. Having an added option for a large boat slip is very rare. $45,000 annual rental potential quoted by a local management company. Room Feature: Linen Closet In Bath (Primary Bedroom).
Public Records
Oct 4, 2018
Sold
$415,000
$393/sq ft
Public Records
Jun 14, 2011
Sold
$259,500
$246/sq ft
Public Records
Apr 18, 2002
Sold
$295,000
$279/sq ft
Public Records
Oct 11, 2000
Sold
$235,000
$223/sq ft
Public Records
Apr 25, 1988
Sold
$103,000
$98/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,219 (−0.8%)
$494,000
2024
$6,272 (−2.0%)
$501,000
2023
$6,398 (+74.7%)
$513,100
2022
$3,662 (+0.1%)
2021
$3,658 (−13.6%)
$304,800
2020
$4,236 (−4.6%)
$310,100
2019
$4,439 (+0.3%)
$329,900
2018
$4,425 (−1.5%)
$329,900
2017
$4,493 (+0.9%)
$329,500
2016
$4,454 (+10.8%)
$329,600
2015
$4,019 (+0.1%)
$278,500
2014
$4,014 (+7.6%)
2013
$3,731 (+11.0%)
2012
$3,362
Tax history for 5855 Midnight Pass Rd #708
Year
Property tax
Land + Additions
Assessment*
2025
$6,219 (−0.8%)
$494,000
2024
$6,272 (−2.0%)
$501,000
2023
$6,398 (+74.7%)
$513,100
2022
$3,662 (+0.1%)
2021
$3,658 (−13.6%)
$304,800
2020
$4,236 (−4.6%)
$310,100
2019
$4,439 (+0.3%)
$329,900
2018
$4,425 (−1.5%)
$329,900
2017
$4,493 (+0.9%)
$329,500
2016
$4,454 (+10.8%)
$329,600
2015
$4,019 (+0.1%)
$278,500
2014
$4,014 (+7.6%)
2013
$3,731 (+11.0%)
2012
$3,362
*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
Interior
Bathroom Information
# of Full Baths: 2
Room Information
# of Rooms: 4
Exterior
Exterior Information
Foundation Type: Pier
Construction Type: Concrete
Building Construction Quality: Above Average
Exterior Wall: Concrete
Roof Covering Type: Built Up Tar and Gravel
Roof Framing Type: Concrete
Roof Shape Type: Built Up Tar and Gravel
Building Type: Condo Hi Rise
View Information
View: Bay
Property Information
Subdivision Name: HARBOR TOWERS Y & R
Living Sq. Ft: 1,056
Gross Sq. Ft: 1,152
Adjusted Gross Sq. Ft: 1,152
Ground Floor Sq. Ft: 1,056
# of Units: 1
# of Stories: 1
Stories Type: 1
Legal Description: UNIT PH08 HARBOR TOWERS YACHT & RACQUET CLUB
Lot Information
# of Buildings: 1
Land Sq. Ft: 379,444
Legal Lot Number: PH8
Acres: 8.7108
Zoning Code: RMF3
County Use Description: CONDO-HI-RISE 7+ STORIES
State Use Description: CONDOMINIUM
Location Information
Parcel Location Influence: Bay Front
Financial
Assessor Information
Assessment Year: 2025
Tax District County: SIESTA KEY SPCL LIGHT DIST
Tax Area: SIESTA KEY SPCL LIGHT DIST
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,056
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1976
Year Renovated: 2001
County: Sarasota County
APN: 0105134189
Home facts updated by county records on Jul 10, 2026