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5966 MIDNIGHT PASS ROAD UNIT G118

Condo/Co-op Active With Contract
$1,150,000

BTC: 19.65811966

ETH: 721.14329431

126 days
1 bds
1 ba
864 sqft

Overview

Under contract-accepting backup offers. 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.

Location

Details

Type:
Residential
Parking:
Covered / Guest / Open
Year Built:
1970
Lot:
No Data
Heating:
Electric
Price/sqft:
$1,331
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$419,000
$157K – $644K
Confidence Low
List vs. estimate
$731K above estimate
List $1,150,000 · +174.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,331
+238.3% 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
$9,505
2024
Pets
Not allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Microwave

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Crown Molding

    • High Ceilings

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Solid Wood Cabinets

    • Tray Ceiling(s)

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • Covered

    • Guest

    • Open

    Property

    • Levels: One

    • Exterior Features: None

    Other Property Information

    • Parcel Number: 0105136086

    • Zoning: RMF3

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • BB/HS Internet Available

    • Cable Connected

    • Electricity Connected

    • Public

    • Sewer Connected

    • Street Lights

    • Water Connected

  • Other financial information

    • Annual tax amount: $9,506

  • Source details

    • MLS ID: A4671884

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Pillar/Post/Pier

    • Laundry Features: Laundry Room

    • Direction Faces: West

    • Water Body Name: GULF OF MEXICO

    • Living Area: 864

    • Water Source: Public

    • Subdivision Name: PALM BAY CLUB I

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: HARRY ROBBINS ASSOC INC