$869,000

5962 Midnight Pass Rd Unit 129 Sarasota, FL 34242

Estimated payment $7,013/month

2 Beds
2 Baths
1,268 Sq Ft
$685 Price per Sq Ft

Highlights

  • 280 Feet of Ocean or Gulf Waterfront
  • Water access To Gulf or Ocean To Bay
  • Partial Gulf or Ocean Views
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • Gated Community

About This Home

Investor? End user? Hybrid of the two perhaps? Gulfside Club-Units at Palm Bay Club hardly ever hit the open market. Only two have sold publicly in the last two years, with most trading quietly off-market if they trade at all. Residence 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!

Listing Agent

Brian Loebker

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #3264334 Listed on: 11/21/2025

MICHAEL SAUNDERS & COMPANY

Co-Listing Agent

Adam Cuffaro

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #3054744

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,829

Year Built

  • Built in 1975

Lot Details

  • 280 Feet of Ocean or Gulf Waterfront
  • End Unit
  • South Facing Home

HOA Fees

  • $1,688 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Membrane Roofing
  • Stucco

Interior Spaces

  • 1,268 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Living Room
  • Tile Flooring
  • Partial Bay or Harbor Views

Kitchen

  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, pest control, recreational facilities, security
  • Palm Bay Club Association / France Langman Association, Phone Number (941) 349-1911
  • Palm Bay Club Community
  • Palm Bay Club III Subdivision
  • The community has rules related to allowable golf cart usage in the community

Amenities

  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,829

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,688 per month

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Security
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1268
  • Lot Size Acres: 2.27
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1408
  • Lot Size Sq Ft: 98972
  • Status: Active
  • Co List Office Mls Id: MFR281520248
  • Co List Office Phone: 941-752-2683
  • Ownership: Fee Simple
  • Entry Level: 1
  • Building Area Total Srch Sq M: 130.81
  • Escrow City: Sarasota
  • Escrow State: FL
  • Escrow Street Name: Ocean Blvd
  • Floor Number: 1
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 685.33
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Corner Unit
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Gulf/Ocean Front,Waterfront
  • Attribution Contact: 941-349-3444
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Living Area Meters: 117.80

Exterior Features

  • Direction Faces: South
  • Exterior Features: Sliding Doors
  • Roof: Membrane
  • Pool Private: No
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Screened
  • Road Surface Type: Paved
  • Water Access: Gulf/Ocean to Bay
  • Water View: Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 280
  • Water Frontage Feet Gulf Ocean: 280

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fitness Center, Gated Community - No Guard, Golf Carts OK, Pool, Tennis Court(s)
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Pool, Recreation Facilities, Storage, Tennis Court(s)
  • Association Name: Palm Bay Club Association / France Langman
  • Phone: 941-349-1911x369
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Condo Fees: 5063
  • Condo Land Included YN: 0
  • Association Email: gm@palmbayclub.com
  • Monthly Condo Fee Amount: 1688

Fee Information

  • Total Annual Fees: 20252.00
  • Total Monthly Fees: 1687.67

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105136209
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Refer to condo docs

Tax Info

  • Tax Annual Amount: 8828.74
  • Tax Book Number: 5-3
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Gulf/Ocean
  • Approval Process: Refer to condo docs

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,540 $694,915 -- --
2023 $8,540 $737,500 $0 $737,500
2022 $7,413 $598,800 $0 $598,800
2021 $6,837 $522,100 $0 $522,100
2020 $6,890 $516,000 $0 $516,000
2019 $6,923 $527,000 $0 $527,000
2018 $6,267 $471,000 $0 $471,000
2017 $6,067 $447,000 $0 $447,000
2016 $5,808 $422,000 $0 $422,000
2015 $5,612 $410,000 $0 $410,000
2014 $5,571 $384,000 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2025 11/21/25 For Sale $869,000 -- $685 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $439,000 --
Warranty Deed $439,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $329,250 Commercial
Closed $329,250 Commercial
Source: Public Records

Source: Stellar MLS

MLS Number: A4672593

Stellar MLS

APN: 0105-13-6209