$1,150,000

5966 Midnight Pass Rd Unit G118 Sarasota, FL 34242

Estimated payment $7,863/month

Total Views 282
1 Bed
1 Bath
864 Sq Ft
$1,331 Price per Sq Ft

Highlights

  • Beach View
  • Beach Access
  • Open Floorplan
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • High Ceiling

About This Home

Experience breathtaking, panoramic Gulf of Mexico views from this one of a kind penthouse-level residence. 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.

Listing Agent

Ryan Miller

HARRY ROBBINS ASSOC INC Brokerage Phone: 941-924-8346 License #3457308 Listed on: 12/02/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,506

Year Built

  • Built in 1970

Lot Details

  • West Facing Home

HOA Fees

  • $1,039 Monthly HOA Fees

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Entry on the 11th floor
  • Pillar, Post or Pier Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 864 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Guest Parking
  • Open Parking

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Deeded access to the beach

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, management, pest control, recreational facilities, security, sewer, trash, water
  • Palm Bay Club Association/Tammy Calhoun Association, Phone Number (941) 349-1911
  • Palm Bay Club Community
  • Palm Bay Club I Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking
  • 11-Story Property

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,506

Year Built

Built in 1970

Lot Details

0

HOA Fees

$1,039 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 864
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 864
  • Status: Active
  • Ownership: Condominium
  • Entry Level: 11
  • Building Area Total Srch Sq M: 80.27
  • Escrow State: FL
  • Floor Number: 11
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 1331.02
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Boat Slip,Fishing,Water Access,Waterfront
  • Attribution Contact: 941-924-8346
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Pillar/Post/Pier
  • Total Bedrooms: 1
  • Levels: One
  • Other Equipment: None
  • Stories: 11
  • Living Area Meters: 80.27

Exterior Features

  • Direction Faces: West
  • Exterior Features: None
  • Roof: Built-Up
  • Pool Private: No
  • Water Body Name: GULF OF MEXICO
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Access: Beach,Beach - Access Deeded,Gulf/Ocean,Gulf/Ocean to Bay
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered, Guest, Open

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness Center, No Truck/RV/Motorcycle Parking, Pool, Tennis Court(s), Street Lights
  • Association Name: Palm Bay Club Association/Tammy Calhoun
  • Phone: 9413491911
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Condo Fees: 3116
  • Condo Land Included YN: 0
  • Association Email: service@palmbayclub.com
  • Monthly Condo Fee Amount: 1039

Fee Information

  • Total Annual Fees: 12464.00
  • Total Monthly Fees: 1038.67

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105136086
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Contact the association to confirm all leasing restrictions.

Tax Info

  • Tax Annual Amount: 9505.84
  • Tax Book Number: 4-20
  • Tax Lot: 117

Multi Family

  • Approval Process: Application

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 $9,506 $758,404 -- --
2023 $9,004 $784,900 $0 $784,900
2022 $7,857 $637,300 $0 $637,300
2021 $7,773 $630,900 $0 $630,900
2020 $6,861 $518,000 $0 $518,000
2019 $6,933 $529,000 $0 $529,000
2018 $6,328 $481,000 $0 $481,000
2017 $6,016 $435,600 $0 $0
2016 $5,415 $396,000 $0 $396,000
2015 $4,941 $360,000 $0 $360,000
2014 $5,004 $338,000 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2025 12/02/25 For Sale $1,150,000 -- $1,331 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $527,500 None Available
Interfamily Deed Transfer -- Attorney
Warranty Deed $545,000 --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Warranty Deed $400,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 Commercial
Source: Public Records

Source: Stellar MLS

MLS Number: A4671884

Stellar MLS

APN: 0105-13-6086

Florida Sarasota County Sarasota 34242

5966 Midnight Pass Rd Unit G118, Sarasota, FL

For Sale

Condos

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 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.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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Ryan Miller
Listing Agent
Ryan Miller
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HARRY ROBBINS ASSOC INC
(941) 584-4499