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$775,000
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Property Description
Looking for the perfect 2-bedroom, 2-bath investment beach condo on Siesta Key? This second-level residence presents a strong income-producing opportunity at the desirable, gulf-front Palm Bay Club. Ideally situated on the beach side of Midnight Pass Road, unit #158 features a comfortable coastal design with an open floor plan, beachy ambiance, and tile flooring throughout, making it move-in ready for owners, guests, and short-term renters alike. Just steps from the pristine blue waters and powder-white sands of Siesta Beach, the thoughtfully designed and tastefully furnished interior maximizes space and functionality with seamless flow from the kitchen to dining and living areas. One of the premier beach-to-bay communities on Siesta Key, Palm Bay Club offers an exceptional array of amenities including two heated swimming pools, a hot tub overlooking the bay, fitness center, lighted tennis court with two pickleball courts, BBQ grills, a fishing pier, and boat docks available for daily rental. With a rare three-night minimum rental policy on Siesta Key and onsite management, this is an outstanding opportunity for the savvy owner-investor seeking both lifestyle and income.
Full Property Details
Full Property Details for 5968 Midnight Pass Rd #158
General
- Price: $775,000
- HOA FEE: $1,443/month
- HOA FEE FREQ.: Quarterly
- Taxes: $7,448 (2025)
- Status: Active
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: A4681104
- Updated: 2/6/2026
- Added to Site: 20 day(s) ago
Rental Information
- Min. Lease: 1 Month
Interior
- Number of Rooms: 4
- Interior Features: Built-in Features, Ceiling Fan(s), Crown Molding, Open Floorplan, Solid Surface Counters
- Appliances: Dishwasher, Range, Refrigerator
- Furnishings: Furnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Common Area
Additional Information
- Shared Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Spa/Hot Tub, Storage, Tennis Court(s)
Exterior
- Exterior Features: Other
Parking
- Parking Features: Guest, Open
Location
- Area: 34242 - Sarasota/Crescent Beach/Siesta Key
- County: Sarasota
- Development Name: 34242 - Sarasota/Crescent Beach/Siesta Key
- Subdivision: PALM BAY CLUB III
- Driving Directions: From Stickney Point go North on Midnight Pass. Palm Bay Club is on your left.
- Direction Faces: Northwest
Community
- Community Name: 34242 - Sarasota/Crescent Beach/Siesta Key
- Community Features: Bay/Harbor Front, Boat Slip, Gulf/Ocean Front, Water Access, Gated Community - Guard, Pool, Tennis Court(s)
- Optional Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Spa/Hot Tub, Storage, Tennis Court(s)
- Association: Yes
- Assoc. Name: Palm Bay Club Association France Langan
- Assoc. Fees Include: Cable TV, Community Pool, Maintenance Grounds, Manager, Pool Maintenance
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water District: GULF OF AMERICA
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Info: Coastal
- Architectural Style: Coastal
- Exterior Const.: Block, Concrete
- Roof: Built-Up
- Windows: Window Treatments
- Stories/Levels: One
- Square Feet: 1,134
- Sq. Ft. Source: Public Records
- Year Built: 1975
Lot Features
- Street/Road Desc.: Brick, Paved
Water Features
- Water Front: Yes
- Water Access: Yes
- Water Access Desc: Bay/Harbor, Beach - Access Deeded
- Water Extras: Yes
- Water Front Name: GULF OF AMERICA
- Water Front Desc.: Bay/Harbor Front, Gulf/Ocean Front, Beach
Financial Considerations
- Assoc Fee Desc.: None
- Condo Fee: $4,329
- Condo Fee Freq: Quarterly
- Tax Amount: $7,448.94
- Tax Year: 2025
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: UNIT S-22 PALM BAY CLUB OF SARASOTA SEC 3
- Flood Zone Info: AE
- APN: 105136248
- Property ID: 105136248
Listed by Michael Saunders & Company
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Schools
Schools serving 5968 Midnight Pass Rd #158
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Phillippi Shores Elementary School 4747 South Tamiami Trail, Sarasota, FL 34231 | PK-5 | 1.9 mi |
Brookside Middle School 3636 South Shade Avenue, Sarasota, FL 34239 | 6-8 | 2.9 mi |
Sarasota High School 2155 Bahia Vista Street, Sarasota, FL 34239 | 9-12 | 4.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5968 Midnight Pass Rd #158
Date
Details
Price
Change
Source
2/06/2026
Listed
$775,000
47.62%
MLS
2/24/2017
Sold
$525,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5968 Midnight Pass Rd #158
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,828
-7%
$594,900
-2%
2024
$7,346
5%
$605,600
1%
2023
$7,012
24%
$599,300
40%
2021
$5,653
-7%
$428,400
-12%
2022
$6,094
8%
$486,600
12%
2021
$5,653
-3%
$433,000
—
2019
$5,834
10%
$434,500
10%
2018
$5,280
3%
$395,000
5%
2017
$5,114
5%
$375,000
6%
2016
$4,890
3%
$354,000
3%
2015
$4,736
1%
$344,000
5%
2014
$4,692
—
$328,000
2%
2013
$4,680
—
$322,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5968 Midnight Pass Rd #158
5968 Midnight Pass Road #158, Sarasota, FL 34242 (MLS# A4681104) is a Condo property with 2 bedrooms and 2 full bathrooms. 5968 Midnight Pass Road #158 is currently listed for $775,000 and was received on February 06, 2026. Want to learn more about 5968 Midnight Pass Road #158? Do you have questions about finding other Condo real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

