Active
$2,239,000
Est. $13,710/mo

5966 Midnight Pass Rd #G-67, Sarasota, FL, 34242

$1,604/sqft·Palm Bay Club I

2 bd2 ba1,396 sqftCondominium
Listed by COLDWELL BANKER REALTY· Last updated · MLS# A4692674

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Est. monthly payment
$13,710/mo
Down payment (20%)
$447,800
Property taxes
$914/mo
Rate assumed
6.8% · 30 yr
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At a glance

High-rise condo
11 stories · 1970
Waterfront
Beach Front
Community pool
Fitness center too
1,396 sqft
Living area

About this home

Built-in FeaturesCrown MoldingEat-in KitchenOpen FloorplanSolid Wood CabinetsStone CountersWindow TreatmentsTennis Court(s)

5966 Midnight Pass Rd #G-67 is a 1970-built home in Palm Bay Club I, Sarasota. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,396 square feet of living space. Listed at $2,239,000 (about $1,604/sqft), 117 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

Fully insured, fully compliant building with clean structural inspections, funded reserves, new elevators and roof, and the rare and lucrative 3-day rental flexibility. The unit is stocked and move-in as well as rental-ready. Just bring your suitcase. Own a piece of paradise at the Palm Bay Club tower, where Siesta Key sunsets and Gulf views become a part of daily life. Positioned in the waterfront tower, this airy corner residence captures a rare perspective down Siesta Key’s shoreline, where wide Gulf views, turquoise water, and the movement of the surf are visible from every room. Its unique southern orientation is one of the reasons the current owner fell in love with the property. It offers the beauty of a true Gulf-front setting without the harsh afternoon sun that many beachfront residences contend with. It is low enough to remain connected to the beach and water below, yet elevated enough to frame a panorama of the coastline. The experience from within the residence is both soothing and unforgettable. Floor-to-ceiling windows fill the unit with natural light throughout the day. Morning sunrises arrive softly through the eastern-facing windows, while the southern exposure continuously reflects the changing colors of the Gulf, beach, and sky across the living spaces. Lovingly maintained as a private coastal retreat for the owner, the residence has been thoughtfully and continually improved with an emphasis on luxurious comfort, quality, and ease of ownership. Features include custom cabinetry and generous storage, KitchenAid and Kohler appliances, Brizo fixtures, designer lighting and furnishings, top-of-the-line custom Hunter Douglas blackout blinds, hurricane-rated window protection, a private in-unit washer and dryer — a rare convenience within the building, and much more. The interiors feel refined yet relaxed, designed for extended stays, entertaining guests, or simply enjoying quiet mornings overlooking the water. While privately enjoyed by the current owner, Palm Bay Club's in-house rental program and flexible 3-day minimum rental policy offer excellent income potential. The property features 24-hour security, full-time management, front desk and maintenance staff seven days a week, creating the welcoming, well-managed community that owners value. The Palm Bay Club's beach resort lifestyle comes with a level of service and atmosphere that sets it apart on Siesta Key. Available beach staff will take the complimentary loungers anywhere on the private beach by ATV. Owners and guests enjoy one of the largest expanses of direct access private beach frontages on the Key, with an outdoor grill, covered pavilions, a rinse station, and additional premium beach cabana services. The Gulf side amenities also include poolside bathrooms and showers, and a fitness center that looks out to the big heated pool and tennis/pickleball courts. A brand new shuffeboard court has been added in 2026. For a different laidback vibe, residents and guests simply walk to the Bay side to lounge by the heated pool and hot tub, where they can watch the boats go by amidst the boat docks, fishing pier, and palm trees. Must see to appreciate this rare tower unit with one of the most desirable and requested orientations at this exceptionally well maintained gulf-to-bay resort condo complex. This fully furnished turnkey property is move-in ready for immediate enjoyment or future rental use.

The essentials

Built
1970
Price / sqft
$1,604
On market
129 days
Annual tax
$10,966
Flood zone
AE
Type
Condominium

Location

5966 Midnight Pass Rd #G-67
Sarasota, FL, 34242·34242 - Sarasota/Crescent Beach/Siesta Key
Type
Condominium
Year Built
1970
Lot
-
Cooling
Central Air
Heating
Central, Electric
Parking
Covered, Guest, Open
Waterfront
Beach Front
Days on Market
129
Built-in Features
Crown Molding
Eat-in Kitchen
Open Floorplan
Solid Wood Cabinets
Stone Counters
Window Treatments
Tennis Court(s)
Association Recreation - Owned
Buyer Approval Required
Deed Restrictions
Fitness Center
No Truck/Rv/Motorcycle Parking
Pool
Convection Oven
Dishwasher
Disposal
Dryer
Electric Water Heater
Freezer
Ice Maker
Microwave
Range
Range Hood
Refrigerator
Washer

Elementary

Phillippi Shores Elementary

Middle

Brookside Middle

High

Sarasota High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone AE

Annual Tax (2025)

$10,966

Parcel #

0105136045

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Palm Bay Club I

County

Sarasota

MLS Area

34242 - Sarasota/Crescent Beach/Siesta Key

Date
Event
Price
8/30/2026
Price change
Source: Stellar MLS #A4692674
$2,239,000-6.3%
$1,604/sqft
5/8/2026
Listed for sale
Source: Stellar MLS #A4692674
$2,389,000
$1,711/sqft
Est. monthly payment$13,711/mo
Principal & interest$11,677
Property taxes$914
Insurance$1,120
Down payment20% · $447,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $2,239,000
$2.13M – $2.24M
95.2% – 100% of listTops out right at the list price
80% of listList price
36 of the last 70 condo closings in 34242 landed at this number or higher (51%). The median one sat 126 days before it went under contract, and this one is on day 129 after a $150,000 cut.

Sample: 70 closed condo sales in 34242 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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