5962 MIDNIGHT PASS RD #129 new Save Request In-Person Tour Request Virtual Tour
Sarasota,FL 34242
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,268 sqft
Price per Sqft $685
Subdivision Palm Bay Club Iii
MLS Listing ID A4672593
Bedrooms 2
Full Baths 2
Condo Fees $5,063
Year Built 1975
Annual Tax Amount $8,828
Lot Size 2.270 Acres
Property Sub-Type Condominium
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!
Location
State FL
County Sarasota
Community Palm Bay Club Iii
Area 34242 - Sarasota/Crescent Beach/Siesta Key
Zoning RMF3
Interior
Heating Central
Cooling Central Air
Flooring Tile
Laundry Inside
Exterior
Exterior Feature Sliding Doors
Community Features Buyer Approval Required,Fitness Center,Gated Community - No Guard,Golf Carts OK,Pool,Tennis Court(s)
Utilities Available Electricity Connected,Water Connected
Amenities Available Clubhouse,Elevator(s),Fitness Center,Gated,Pool,Recreation Facilities,Storage,Tennis Court(s)
Waterfront Description Gulf/Ocean
View Y/N Yes
Water Access Yes
Roof Type Membrane
Building
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Stucco
New Construction false
Others
Monthly Total Fees $1,687
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4672593