5962 MIDNIGHT PASS ROAD 129 Sarasota, FL $ 869,000
5962 MIDNIGHT PASS ROAD 129
$ 869,000
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5962 MIDNIGHT PASS ROAD 129

Sarasota, FL, 34242
$ 869,000
Bedrooms2 Baths2.0 Sq 1,268

Monthly Estimate*

$ 5,351

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Condo for sale in Sarasota, FL

for $869,000 with 2 bedrooms and 2 full baths. This 1,268 square foot condo was built in 1975 on a lot size of 2.27.

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!

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Condo Active

Price

$ 869,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 8,828

Style

Condominium

Lot Size

2.27

Year Built

1975

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4672593

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Water Connected
Roof Membrane
Appliances Dishwasher Dryer Range Range Hood Refrigerator Washer
Zoning RMF3
Association Fee Includes Community Pool Escrow Reserves Fund Insurance Maintenance Structure Maintenance Grounds Manager Pest Control Pool Maintenance Recreational Facilities Security
Patio/Porch Features Covered Screened
Construction Materials Stucco
Pets Allowed No
Year Built 1975
Levels One
Unit Number 129
Property Subtype Condominium
Tax Year 2024
Ownership Fee Simple
Waterfront Features Gulf/Ocean Front Waterfront Gulf/Ocean
Community Features Gulf/Ocean Front Waterfront Buyer Approval Required Fitness Center Gated Community - No Guard Golf Carts OK Pool Tennis Court(s)
County Sarasota
New Construction false
Property Type Residential
Association Amenities Clubhouse Elevator(s) Fitness Center Gated Pool Recreation Facilities Storage Tennis Court(s)
Subdivision Name PALM BAY CLUB III
Facing Direction South
Garage Y/N false
Total Rooms 3
Full Baths 2
Status Active
Directions From Midnight Pass Road turn West into Palm Bay Club. Building 5962 will be the first on your right as you pass the pool.
City SARASOTA
Association Name Palm Bay Club Association / France Langman
Senior Community Y/N false
MLS Area 34242 - Sarasota/Crescent Beach/Siesta Key
Lot Size Units Acres
Lot Size Square Feet 98972
Carport Spaces 1
Carport Y/N true
Land Lease Y/N false
Tax Annual Amount 8828.74
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://player.vimeo.com/video/1146227982?h=543d0b3826&badge=0&autopause=0&player_id=0&app_id=58479
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 0
Legal Description UNIT N-10 PALM BAY CLUB OF SARASOTA SEC 3
Water View Gulf/Ocean - Partial
Water Access Type Gulf/Ocean to Bay
Minimum Lease 1-7 Days
Water Access Y/N true
Monthly Condo Fee Amount 1688
HOA Monthly Maintenance 0
Water View Y/N true
Flood Zone Code AE
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Interior
Interior Amenities Ceiling Fan(s) Open Floorplan Split Bedroom Walk-In Closet(s)
Flooring Tile
Furnished Y/N Negotiable
Total Stories 1
Common Walls Corner Unit
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Inside
Total Bedrooms 2
Total Baths 2
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Exterior
Exterior Amenities Sliding Doors
Water Source Public
Lot Size Area 2.2721
Foundation Details Slab
Building Area Total 1408
Lot Size Acres 2.27
Road Surface Type Paved
Private Pool false
Waterfront Y/N true
Covered Spaces 1
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* Excluded Features
List By
Michael Saunders & Company

Broker

brianloebker@michaelsaunders.com

Email

Affordability Calculator

$6,086
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,351
Monthly Property Taxes
$736
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$869,000 Listed Price

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5962 MIDNIGHT PASS ROAD 129, Sarasota, FL, 34242 is a Condo for sale at $869,000 with 1,268 sqft and a lot size of 2.27. 5962 MIDNIGHT PASS ROAD 129 has 2 bedrooms, 2.0 baths, and was built in 1975. The property's zip code is 34242 which is in Sarasota, FL