5966 Midnight Pass Rd #18, Siesta Key, FL 34242

Off market nov 2018 for $416K

$391,290

Studio

•

360

sq ft

5966 Midnight Pass Rd #18, Siesta Key, FL 34242

About this home

Use this unit for your own enjoyment while generating an excellent revenue stream ($47,000+ in 2017.) Beautiful Palm Bay Club, a beach-to-bay resort, has a 3 night minimum, hard to find on Siesta Key. On-site property management can handle the rentals for you and are on site 24/7 to ensure the comfort of all guests and to facilitate after hour check-ins. Unit#18 is in the Grand Tower, literally just steps from the beautiful white quartz sand of Crescent Beach, rated #1 in North America. Check out the newly decorated entrance and lobby! The only efficiency in Palm Bay, this budget-friendly unit is for guests who want a real beach side location and an open air lanai (rarely available in the Tower), but don’t need a full kitchen. The high ceilings and wall of glass sliders make this unit feel more spacious. Freshly painted in August 2018, the beautiful stone floor, comfortable white rocking chairs and bright and cheerful cottage décor give it the feel of a beachside B & B. The morning bar includes a mini fridge/freezer; microwave, toaster, blender, 2 burner electric cooktop, coffee maker and an ice maker, plenty of cookware, dishes, glasses. Queen bed, 40" flat screen TV, granite counters in kitchenette and bath. Wireless internet, covered parking. Amenities include 2 swimming pools, an outdoor spa, 2 lighted tennis/pickleball courts, a fitness room, and a boat dock with fishing pier. Watch the sunrise over beautiful Sarasota Bay, and see the dolphins play at sunset over the Gulf of Mexico.

Property Description: Studio/Efficiency

CondoProperty Type

1970Year Built

$1,087Est. Price/Sq.Ft.

1 spaceParking

Listed by Tammy Garner • COLDWELL BANKER REALTY

Contact: 941-366-8070

Bought with Dean Schmitt • BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE

Redfin checked: 2 minutes ago

•Source:Stellar MLS as Distributed by MLS Grid #A4414802

Redfin Estimate

$391,290

$25K since sold in November 2018$3,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 7.4% higher than the average sale price ($364K) of 6 comparable homes.

SOLD MAR 27, 2026
$605,000
A
3 beds2 baths2,320 sq ft
3870 Torrey Pines Blvd, Sarasota, FL 34238
SOLD JUL 16, 2026
$287,500
B
2 beds2 baths1,211 sq ft
1508 Pelican Cove Rd Unit GR232, Sarasota, FL 34231
SOLD JUN 24, 2026
$429,000
C
2 beds2 baths1,062 sq ft
1971 Debbie St, Sarasota, FL 34231
SOLD JUL 22, 2026
$350,000
D
2 beds2 baths1,382 sq ft
1717 Joyce St, Sarasota, FL 34231
SOLD JUN 15, 2026
$240,000
E
2 beds1 bath572 sq ft
1885 Vamo Way, Sarasota, FL 34231
SOLD JUN 8, 2026
$274,900
F
3 beds1 bath768 sq ft
2134 Hively St, Sarasota, FL 34231

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Earn from this home

Sell

$87,745

Est. take-home

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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

94.6%

+1.0% MoM

Median sale price

$1.0M

$60K MoM

Avg. days on market

128d

22 days MoM

Recently sold homes

123

16 MoM

New listings for sale

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NEW 23 HRS AGO
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1640 Summerhouse Ln #40, Sarasota, FL 34242
NEW 31 HRS AGO
$1,995,000
4 beds3.5 baths2,971 sq ft
116 Garden Ln, Sarasota, FL 34242
$749,000
2 beds2.5 baths1,456 sq ft
6285 Midnight Pass Rd #406, Sarasota, FL 34242
$625,000
2 beds2 baths1,015 sq ft
1229 Moonmist Cir Unit P6, Sarasota, FL 34242
OPEN SAT, 1PM TO 3PM
$394,000
1 bed2 baths780 sq ft
1250 N Portofino Dr #304, Sarasota, FL 34242
COMING SOON
$449,000
1 bed1 bath600 sq ft
6006 Midnight Pass Rd #11, Sarasota, FL 34242
$739,000
2 beds2 baths1,182 sq ft
5600 Beach Way Dr #207, Sarasota, FL 34242
OPEN SAT, 1PM TO 4PM
$1,650,000
4 beds2.5 baths3,180 sq ft
Sarasota, FL 34242
3D WALKTHROUGH
$649,000
2 beds2 baths1,435 sq ft
4822 Ocean Blvd Unit 8B, Sarasota, FL 34242
See all

Provided by Redfin

Sale history for 5966 Midnight Pass Rd #18

Date

Event

Price

Stellar MLS as Distributed by MLS Grid #A4414802

Nov 30, 2018

Sold

$416,000

$1,156/sq ft

Oct 11, 2018

Pending

—

Oct 5, 2018

Listed

$399,000

$1,108/sq ft

Stellar MLS as Distributed by MLS Grid #A3998853

Sep 23, 2015

Sold

$335,000

$931/sq ft

Jul 16, 2015

Pending

—

Jun 14, 2014

Relisted

—

Jun 10, 2014

Listing Removed

—

Jun 5, 2014

Price Changed

$349,000

$969/sq ft

May 28, 2014

Listed

$375,000

$1,042/sq ft

You can own your own place on the beach at an affordable price and earn rental income when you are not using it! This updated efficiency is directly on the World Famous Crescent Beach, known for its fine sugary sand. The Palm Bay Club runs Gulf to Bay allowing you to enjoy watching boats go by on the Bay and its plentiful wildlife, in addition to enjoying southern beach views from your apartment. Resort amenities include tennis, fitness, bay fishing pier, hot tub and two pools. Conveniently located with a short walk to Siesta Village shops and restaurants and a short drive to Sarasota's theater arts district. Palm Bay offers on-site rental management with a strong rental history. 2014 gross income was $35859; giving over a 5.09 ROI.

Property Description

Studio/Efficiency

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Other

County

Sarasota County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Feb 22, 2017.

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
Parking Features: Assigned, Guest, Reserved
Has Carport
Carport Spaces: 1

Interior

Virtual Tour

Bathroom Information
# of Full Baths (Total): 1

Other Rooms Information
# of Rooms: 4

Heating & Cooling
Heating Information: Central
Cooling Information: Central Air

Interior Features
Interior Features: Crown Molding, Solid Wood Cabinets, Stone Counters, Window Treatments
Window Features: Drapes
Appliances: Other
Flooring: Travertine
Building Elevator YN: 1

Exterior

Building Information
Construction Materials: Block, Stucco
Roof: Built-Up

Exterior Features
Patio And Porch Features: Patio, Porch
Exterior Features: Sliding Doors, Tennis Court(s)

Pool Information
Has Spa

Property Features
Universal Property Id: US-12115-N-0105136006-S-18

Waterfront Information
On Waterfront
Waterfront Features: Beach - Private, Beach - Public, Gulf/Ocean
Water Body Name: GULF OF MEXICO, CRESCENT BEACH
Waterfront Feet Total: 720
Water Frontage Feet Beach Prvt: 240
Water Frontage Feet Beach Pub: 240
Water Frontage Feet Gulf Ocean: 240
Water View Y/N: 1
Water View Description: Beach,Gulf/Ocean - Full
Water Access Y/N: 1
Water Access Description: Bay/Harbor,Beach - Private,Beach - Public,Gulf/Ocean to Bay
Water Extras Y/N: 0

Property Information
CDD Y/N: 0
Homestead Y/N: 0
Property Type: Residential
Property Sub Type: Condominium
Zoning: RMF3

Land Information
Future Land Use: 3904
Total Acreage: Non-Applicable

Lot Information
Lot Features: In County
Lot Size Acres: 0
Zoning Compatible YN: 1
Other Exemptions YN: 0

Building Information
MFR_BuildingAreaTotalSrchSqM: 41.25
MFR_BuildingNameNumber: PALM BAY TOWER

Financial

Tax Information
Tax Annual Amount: $4,009
Tax Year: 2017
Millage Rate: 13.35

Lease / Rent Details
Lease Restrictions YN: 1

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Public

Location

Multi-Family Financial Information
Total Annual Fees: $3,752
Total Monthly Fees: $312.67

Multi-Unit Information
Unit Number YN: 0
Furnished: Turnkey

HOA Information
Montly Maintenance Amount In Addition To HOA Dues: 0
Association Fee Requirement: None
Association Approval Required Y/N: 1
Association Amenities: Cable TV, Clubhouse, Dock, Elevator(s), Fitness Center, Laundry, Maintenance, Recreation Facilities, Tennis Court(s)
Association Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Management, Recreational Facilities, Sewer, Water

School Information
Elementary School: Phillippi Shores Elementary
Middle Or Junior High School: Brookside Middle
High School: Sarasota High

Location Information
Directions: Siesta Key to Palm Bay Club...beachside. Unit located in the tower on the beach.

Condo Information
Floor Number: 1
Monthly Condo Fee Amount: 313
Condo Land Included Y/N: 1
Condo Fees Term: Quarterly
Condo Fees: 938

Community Information
Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fishing, Pool, Tennis Courts
Pets Allowed: No

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Other
Year Built: —
Year Renovated: —
County: Sarasota County
APN: —

Home facts updated by county records on Feb 22, 2017

Other

Miscellaneous Information
Third Party YN: 1

Listing Information
Attribution Contact: 941-366-8070
Previous Status: Pending
Backups Requested YN: 0
Home Warranty YN: No

Listing Date Information
Days to Contract: 5
Status Contractual Search Date: 2018-11-30

Listing Price Information
Calculated List Price By Calculated Sq Ft: 1108.33

Green Information
Direction Faces: South

Home Information
Living Area: 360
Living Area Units: Square Feet
Living Area Source: Public Records
Living Area Meters: 33.45
Building Area Total: 444
Building Area Units: Square Feet
Building Area Source: Public Records
Foundation Details: Slab
Stories Total: 1
Levels: One

About this building

1 for sale

5966 Midnight Pass Rd, Siesta Key, FL 34242

See photos & sale trends

Photo via G-67 listing

Units for sale


G-67	$2,239,000	2 beds	2 baths	1396 sq ft

Around this home

Schools

Phillippi Shores Elementary School

Public PreK-5 • Assigned • 1.9mi

9/10

Brookside Middle School

Public 6-8 • Assigned • 3.0mi

6/10

Sarasota High School

Public 9-12 • Assigned • 4.5mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Siesta Key, FL • 34242

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Estimated sale price

$372,000 – $450,000

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Home values near 5966 Midnight Pass Rd #18

Data from public records.

Address	Redfin Estimate
5966 Midnight Pass Rd Apt G-62, Siesta Key, FL 1 Beds \| 1 Baths \| 816 Sq. Ft.	$693,882
5966 Midnight Pass Rd Apt G-76, Siesta Key, FL - Beds \| - Baths \| - Sq. Ft.	$549,133

Address	Redfin Estimate
5966 Midnight Pass Rd Apt G42, Siesta Key, FL 1 Beds \| 1 Baths \| 720 Sq. Ft.	$712,906
5966 Midnight Pass Rd Apt G38, Siesta Key, FL 1 Beds \| 1 Baths \| 864 Sq. Ft.	$794,168

Address	Redfin Estimate
5966 Midnight Pass Rd Apt G-88, Siesta Key, FL 1 Beds \| 1 Baths \| 864 Sq. Ft.	$738,826
5966 Midnight Pass Rd Apt G-97, Siesta Key, FL - Beds \| - Baths \| - Sq. Ft.	$997,753

Property information provided by Stellar MLS as Distributed by MLS Grid when last listed in 2018. This data may not match . Learn more.

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