NOT LISTED FOR SALE

5962 Midnight Pass Rd Unit 129 Sarasota, FL 34242

2 Beds
2 Baths
1,268 Sq Ft
2.27 Acre Lot

Sale Details

Date Sold: March 19, 2026

Last sale price $825,000 $651 Per Sq Ft

75 Days on Market

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

As of March 2026

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!

Last Agent to Sell the Property

Brian Loebker

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

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Adam Cuffaro

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

Last Buyer's Agent

Jonathan Abrams

MICHAEL SAUNDERS & COMPANY License #3269275

MICHAEL SAUNDERS & COMPANY

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

2.27 Acres

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: Sold
  • 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: 650.63
  • 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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2025
Closed on
Mar 19, 2026
Sold by
Bought by
Seller's Agent
Brian Loebker
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Jonathan Abrams
MICHAEL SAUNDERS & COMPANY
List Price
$869,000
Sold Price
$825,000
Premium/Discount to List
-$44,000
-5.06%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Outstanding Balance
$495,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,250
Interest Rate
6.85%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$825,000 Msc Title
$439,000 --
$439,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $495,000
Previous Owner $329,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/19/2026 03/19/26 Sold $825,000 -5.1% $651 / Sq Ft
02/04/2026 02/04/26 Pending -- -- --
11/21/2025 11/21/25 For Sale $869,000 -- $685 / Sq Ft
Source: Stellar MLS

Agents Affiliated with this Home

  • Brian Loebker

    Seller's Agent in 2026

    Brian Loebker

    Michael Saunders

    (941) 735-4393

    30 Total Sales

    Brian Loebker
    Section Image
  • Adam Cuffaro

    Seller Co-Listing Agent in 2026

    Adam Cuffaro

    Michael Saunders

    (941) 812-0791

    252 Total Sales

    Adam Cuffaro
    Section Image
  • Jonathan Abrams

    Buyer's Agent in 2026

    Jonathan Abrams

    Michael Saunders

    (941) 232-2868

    34 Total Sales

    Jonathan Abrams
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4672593

Stellar MLS

APN: 0105-13-6209

Florida Sarasota County Sarasota 34242

5962 Midnight Pass Rd Unit 129, Sarasota, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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