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5855 MIDNIGHT PASS ROAD UNIT 514

Condo/Co-op For Sale
$478,000

BTC: 7.78501629

ETH: 273.76861397

New
Waterfront
1 bds
1 ba
751 sqft

Overview

COASTAL RESORT LIVING JUST MINUTES FROM SIESTA KEY BEACH! Enjoy the best of Siesta Key living in this beautifully updated and move-in-ready condominium at Harbor Towers, one of the island's most sought-after waterfront communities. Located just a short distance from the world-renowned Siesta Key Beach, this large one-bedroom, one-bath residence offers beautiful bay and intracoastal water views, exceptional amenities, and outstanding ownership value. Recent improvements provide peace of mind, including a new air conditioning system (2026), new hot water heater (2026), fresh interior paint, a new window, and a new screened lanai door. The spacious floor plan features an oversized bedroom with room for multiple sleeping arrangements, generous closet space, a full-size kitchen with refrigerator and dishwasher, keypad entry, and abundant natural light. Harbor Towers offers an impressive collection of resort-style amenities, including a heated pool and spa, fitness center, marina, fishing pier, boat slips available for lease, tennis courts, clubhouse, walking paths, grilling areas, and secured gated access. A deeded covered parking space is conveniently located near the building entrance. Ideal as a primary residence, vacation getaway, or investment opportunity. Historical rental activity reflects gross rental income of approximately $34,000 annually; future rental income may vary. All special assessments have been paid, HOA fees are paid through 2026, and there are no other outstanding fees, providing added peace of mind for the next owner. Ideally situated near Siesta Key Village, residents enjoy convenient access to restaurants, shopping, entertainment, and beach access, with trolley and transportation options nearby. Experience the convenience, amenities, and coastal lifestyle that make Harbor Towers one of Siesta Key's most desirable waterfront communities. With elevator access, a practical layout, convenient amenities, and low-maintenance living, this residence offers comfort and ease of ownership.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1976
Lot:
8.71 Acres
Heating:
Central / Electric
Price/sqft:
$636
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$450,000
$376K – $491K
Confidence Low
List vs. estimate
$28K above estimate
List $478,000 · +6.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$636
+61.8% vs. city median $393
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,878
2025
View
Water
Waterfront
Bay/Harbor
Pets
Number Limit, Size Limit
All facts and features
  • Flooring

    • Ceramic Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Cooktop

    • Dishwasher

    • Disposal

    • Electric Water Heater

    • Exhaust Fan

    • Microwave

    • Range

    • Range Hood

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Elevator

    • Living Room/Dining Room Combo

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Property

    • Levels: One

    • Exterior Features: Balcony

    Lot

    • Lot: 8.71 Acres

    Other Property Information

    • Parcel Number: 0105134131

    • Zoning: RMF3

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Public

    • Sewer Connected

    • Water Connected

  • Other financial information

    • HOA Frequency: Quarterly

    • Annual tax amount: $3,878

  • Source details

    • MLS ID: OM724368

    Other facts

    • Construction Materials: Block / Concrete

    • Foundation Details: Slab

    • Laundry Features: Common Area / Same Floor As Condo Unit

    • Patio And Porch Features: Covered / Patio / Screened

    • Direction Faces: Northwest

    • Waterfront: Yes

    • Living Area: 751

    • Water Source: Public

    • Subdivision Name: HARBOR TOWERS Y & R

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: ENGEL & VOLKERS OCALA