5966 MIDNIGHT PASS ROAD #G118

Property Details

Description

Experience breathtaking, panoramic Gulf of Mexico views from this one of a kind penthouse-level residence with direct beach frontage! 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.

Facts & Costs

Property type

Condominium

Year built

1970

Stories

11

Price per sq ft

$1,244

Days on market

311

Private pool

No

Waterfront

No

Community

Palm Bay Club

Subdivision

PALM BAY CLUB I

County

Sarasota

Flood zone

AE

Monthly & yearly costs

Property taxes

$9,506 / year (2024)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Heating

Electric

Cooling

Central Air

Flooring

Tile

Roof

Built-Up

Construction

Block, Stucco

Parking

Covered, Guest, Open

View

Beach, Gulf/Ocean - Full

Payment Estimate

$6,228 / month

Principal & interest

$5,436

Property taxes

$792

HOA

$0

Home insurance

enter below

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

• Dishwasher
• Microwave
• Refrigerator
• Ceiling Fans(s)
• Crown Molding
• High Ceilings
• Living Room/Dining Room Combo
• Open Floorplan
• Solid Wood Cabinets
• Tray Ceiling(s)
• Walk-In Closet(s)
• Window Treatments
• None