5962 Midnight Pass Road Unit 129, Sarasota, FL 34242

$825,000
2
BD
2
BA
1,268
SqFt

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Sold Price
$825,000
List Price
$869,000
Status
Sold
Days on Market
75
Closing Date
Mar 19, 2026
MLS#
A4672593
Property Style
Condo
Year Built
1975
Bedrooms
2
Bathrooms
2
Living Area
1,268
Lot Size
98,972
Acres
2.27
Building Name
5962
Monthly Condo Fee
1688
Legal Subdivision Name
Palm Bay Club Iii
Community Name
Palm Bay Club
MLS Area Major
Sarasota/Crescent Beach/Siesta Key

Property Description

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!

Additional Information

Taxes
$8828
Minimum Lease
1-7 Days
Maintenance Includes
Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Security
Condo Fees
$5063
Condo Fees Term
Quarterly
Community Features
Buyer Approval Required, Fitness Center, Gated Community - No Guard, Golf Carts OK, Pool, Tennis Court(s), No Deed Restriction
Property Description
One Story
Zoning
RMF3
Interior Layout
Ceiling Fans(s), Open Floorplan, Split Bedroom, Walk-In Closet(s)
Interior Features
Ceiling Fans(s), Open Floorplan, Split Bedroom, Walk-In Closet(s)
Floor
Tile
Appliances
Dishwasher, Dryer, Range, Range Hood, Refrigerator, Washer
Utilities
Electricity Connected, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Stucco
Exterior Features
Sliding Doors
Roof
Membrane
Foundation
Slab
Pool
Community
Garage Carport
1 Car Carport
Water View
Gulf/Ocean - Partial
Water Access
Gulf/Ocean to Bay
Water Frontage
Gulf/Ocean
Pets
Not Allowed
Floor Number
1
Flood Zone Code
AE
Parcel ID
0105136209
Legal Description
UNIT N-10 PALM BAY CLUB OF SARASOTA SEC 3

Listing courtesy of MICHAEL SAUNDERS & COMPANY. 941-349-3444

Selling Office: MICHAEL SAUNDERS & COMPANY.

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