With $70,000+ in gross revenue on the books for 2025 at a 74% occupancy rate, welcome to Palm Bay Club #129! Investor? End user? Hybrid of the two perhaps? Gulfside Club-Units at Palm Bay Club rarely hit the open market. Only two have sold publicly in the last two years, with most trading off-market if they trade at all. This ‘Corner Club Unit’, #129, is a rare chance to own one of these. The corner unit layout brings in additional natural light, coastal privacy, and a residential feel. The renovation is elevated throughout with custom offset tile in every room, granite counters in the kitchen and both baths, tiled shower walls, feature accents, leather furnishings, and a new stainless refrigerator. The style is clean, modern, and unmistakably coastal. And the location? Steps to the white sand of Siesta Key Beach without crossing Midnight Pass Rd, and positioned perfectly between the beach, the Gulfside pool, and the tennis courts. It’s the easiest kind of Siesta living. With Palm Bay Club’s short-term rental flexibility and full on-site management, 129 works seamlessly as a personal retreat or an effortless income property to add to your portfolio. Offered turnkey furnished for the right offer means rental income never misses a beat unless by your design!
Property Description: Corner Unit
CondoProperty Type
1975Year Built
2.27 acresLot Size
$651Price/Sq.Ft.
$1,687/moHOA Dues
1 spaceParking
Listed by Brian Loebker• MICHAEL SAUNDERS & COMPANY
Listed by Adam Cuffaro• MICHAEL SAUNDERS & COMPANY
Contact: 941-349-3444
Bought with Jonathan Abrams, PLLC• MICHAEL SAUNDERS & COMPANY
Est. $2,044 per month, based on comparable rentals
Sale and tax history for 5962 Midnight Pass Rd #129
Sale History
Tax History
Date
Event
Price
Stellar MLS as Distributed by MLS Grid #A4672593
Mar 19, 2026
Sold
$825,000
$651/sq ft
Feb 6, 2026
Pending
—
Nov 21, 2025
Listed
$869,000
$685/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Condo/Co-op
County
Sarasota County
APN
0105136209
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Nov 21, 2025.
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
Parking
Parking Information
Has Carport
Carport Spaces: 1
Interior
Virtual Tour
Bedroom Information
# of Bedrooms: 2
Bathroom Information
# of Full Baths (Total): 2
Laundry Room Information
Laundry Features: Inside
Other Rooms Information
# of Rooms: 3
Heating & Cooling
Heating Information: Central
Cooling Information: Central Air
Interior Features
Interior Features: Ceiling Fans(s), Open Floorplan, Split Bedroom, Walk-in Closet(s)
Appliances: Dishwasher, Dryer, Range, Range Hood, Refrigerator, Washer