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5920 MIDNIGHT PASS ROAD UNIT 501

Condo/Co-op Active With Contract
$1,800,000

BTC: 22.22222222

ETH: 734.99387505

New
Waterfront
2 bds
2 ba
1,624 sqft

Overview

Luxury on Siesta Key with impressive square footage offering an elevated experience and more room to live. Encompassing an impressive 1,724 square feet, this rarely available fifth-floor tower residence delivers the spaciousness of a single-family home with the effortless ownership, resort amenities, and income-producing flexibility of a premier Gulf-front condominium. Sweeping, unobstructed Gulf views and beautifully curated interiors complete a residence that's as functional as it is unforgettable. Inside, every detail has been thoughtfully curated to create a warm, sophisticated coastal retreat. Plantation shutters frame the natural light, while bamboo and leather furnishings, woven rattan accents, and a striking chain-link wall mirror in the primary suite lend personality and designer appeal. The updated kitchen and bathrooms feature timeless solid-surface countertops and clean, contemporary finishes that complement the home's relaxed elegance. The spacious primary suite is a true sanctuary, offering room for a dedicated sitting area large enough for a sofa—perfect for enjoying a quiet morning with Gulf views or unwinding after an evening in Siesta Key Village. An enclosed lanai extends the living space and showcases breathtaking, panoramic views of the turquoise water and legendary white sand beaches that have made Siesta Key world-renowned. Beyond your front door, Sarasota Surf & Racquet Club offers an exceptional collection of resort-style amenities, including private beach access, two heated swimming pools, tennis and pickleball courts, a well-equipped fitness center, barbecue areas, and beautifully maintained tropical grounds. This exceptional residence proves you don't have to choose between the space of a home, the ease and earning potential of a condominium, and the lifestyle of Gulf-front living—you can have all three.

Location

Details

Type:
Residential
Parking:
Common / Covered / Guest
Year Built:
1971
Lot:
No Data
Heating:
Central
Price/sqft:
$1,108
Cooling:
Central Air
HOA:
$900

Valuation

Our model vs. what's actually selling nearby.
Estimate
$559,900
$202K – $1.3M
Confidence Low
List vs. estimate
$1.2M above estimate
List $1,800,000 · +221.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,108
+187.2% vs. city median $385
Based on
32 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$16,093
2025
HOA
$900/mo
Cable TV, Community Pool, Escrow Reserves Fund
Pool
Gunite
View
Water
Waterfront
Gulf/Ocean Front, Beach
Furnished
Turnkey
Pets
Not allowed
All facts and features
  • Flooring

    • Carpet

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Cooktop

    • Dishwasher

    • Dryer

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Built-in Features

    • Living Room/Dining Room Combo

    • Primary Bedroom Main Floor

    • Split Bedroom

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Common

    • Covered

    • Guest

    Property

    • Levels: Three Or More

    • Exterior Features: Lighting / Outdoor Grill / Outdoor Kitchen / Storage / Tennis Court(s)

    Other Property Information

    • Parcel Number: 0105138134

    • Zoning: RMF3

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Electricity Connected

    • Public

    • Sewer Connected

    • Street Lights

    • Water Connected

  • Other financial information

    • HOA: $900

    • HOA Frequency: Monthly

    • Annual tax amount: $16,093

  • Source details

    • MLS ID: A4702925

    Other facts

    • Construction Materials: Block / Concrete

    • Foundation Details: Block / Slab

    • Laundry Features: Inside / Laundry Closet / Laundry Room

    • Lot Features: FloodZone / In County / Landscaped / Near Public Transit / Sidewalk

    • Pool Features: Gunite / Heated / In Ground / Lighting

    • Direction Faces: East

    • Other Structures: Outdoor Kitchen / Storage / Tennis Court(s)

    • Architectural Style: Florida

    • Waterfront: Yes

    • Living Area: 1624

    • Water Source: Public

    • Subdivision Name: SARASOTA SURF & RACQUET

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: MICHAEL SAUNDERS & COMPANY