5966 Midnight Pass Rd Unit G118, Siesta Key, FL 34242
Price drop
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About this home
Experience breathtaking, panoramic Gulf of Mexico views from this one of a kind penthouse-level residence with direct beach frontage! Located in the coveted Gulf-Front Tower at the Palm Bay Club on Siesta Key! Sitting high above the shoreline, you'll have the opportunity to experience amazing Siesta Key Sunsets like never before! This rare opportunity features a bright, open layout with a welcoming foyer, crown molding, and tile flooring throughout. The spacious kitchen includes granite countertops, trey ceiling detail, breakfast-bar seating, and a direct backdrop of the shimmering Gulf. The utility room adds valuable convenience and storage. Resort-style amenities include private deeded beach access, beach chairs, two heated pools (including one beachside), a large hot tub, barbecue areas, bayside fishing pier, lighted tennis & pickleball courts, fitness center, complimentary WiFi, 24-hour security and more. With excellent rental potential and a 3-day minimum rental program, this residence is ideal as a high-performing investment, seasonal escape, or full-time coastal retreat. Offering the best of both worlds with flexibility to make a nice income while still enjoying it personally. The onsite rental management provides an effortless, hands-off experience. Enjoy the island lifestyle just minutes from Siesta Key Village’s boutiques and restaurants, and a short drive to Downtown Sarasota’s vibrant arts and dining scene.
Monthly condo fee: $1,039 (quarterly term shown as $3,116)
Association fee includes cable TV, pool, escrow reserves, fidelity bond, insurance, internet, structure & grounds maintenance, management, pest control, recreational facilities, security, sewer, trash, and water
Association approval required
Community amenities include fitness center, pool, tennis courts, street lights, and owned recreational facilities
No pets allowed
Financial info
Total annual fees reported: $12,464
Total monthly fees reported: $1,038.67
Lease restrictions apply
Other
Buyer approval required; deed restrictions in community
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for 5966 Midnight Pass Rd Unit G118
Sale History
Tax History
Date
Event
Price
Stellar MLS as Distributed by MLS Grid #A4671884
Sep 11, 2026
Relisted
—
Sep 11, 2026
Price Changed
$1,075,000
$1,244/sq ft
Jul 10, 2026
Contingent
—
Apr 7, 2026
Pending
—
Dec 2, 2025
Listed
$1,150,000
$1,331/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
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Style
Condo/Co-op
County
Sarasota County
APN
0105136086
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Last updated by owner on Dec 2, 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
Historical weather
Siesta Key, FL • 34242
Average low and high temperatures (°F)
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81
68
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89
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84
71
78
64
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59
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Sun exposure
98/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 5% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
6.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5966 Midnight Pass Rd Unit G118
$1,053,026
$22K under list price of $1.08M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $715K to $1.6M.