5962 MIDNIGHT PASS RD #129, SARASOTA, FL 34242

$869,000

Pending · 75 days on market · MLS# MFRA4672593

Bedrooms2
Bathrooms2
Living area1,268 sq ft
Lot size2.27 acres
Year built1975
Property typeCondominium
Private poolYes
WaterfrontYes
Annual taxes$8,829
CountySarasota

About this home

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!

Listing courtesy of Brian Loebker, MICHAEL SAUNDERS & COMPANY. Presented by MC Homes Realty Inc · 727432218.

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