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!
Sold for $825,000
$825,000
5962 Midnight Pass Rd #129, Sarasota, FL 34242
2beds
1,268sqft
Condominium
Built in 1975
-- sqft lot
$824,900 Zestimate®
$651/sqft
$7,781 Estimated rent
Home value
$824,900
$759,000 - $899,000
$7,781/mo
Zestimate® history
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$7,781/mo
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$6,963/mo
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: March 19, 2026 at 11:33am
Listing Provided by:
Brian Loebker 941-735-4393,
MICHAEL SAUNDERS & COMPANY 941-349-3444,
Adam Cuffaro 941-812-0791,
MICHAEL SAUNDERS & COMPANY
Bought with:
Jonathan Abrams, 3269275
MICHAEL SAUNDERS & COMPANY
Source: Stellar MLS,MLS#: A4672593
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Range, Range Hood, Refrigerator, Washer
- Laundry: Inside
Features
- Ceiling Fan(s), Open Floorplan, Split Bedroom, Walk-In Closet(s)
- Flooring: Tile
- Doors: Sliding Doors
- Has fireplace: No
- Common walls with other units/homes: Corner Unit
Interior area
- Total structure area: 1,408
- Total interior livable area: 1,268 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Screened
- Has view: Yes
- View description: Gulf/Ocean - Partial
- Has water view: Yes
- Water view: Gulf/Ocean - Partial
- Waterfront features: Gulf/Ocean Front, Waterfront, Gulf/Ocean, Gulf/Ocean to Bay Access
Lot
- Size: 2.27 Acres
Details
- Parcel number: 0105136209
- Zoning: RMF3
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Stucco
- Foundation: Slab
- Roof: Membrane
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Water Connected
Community & neighborhood
Community
- Community features: Gulf/Ocean Front, Waterfront, Buyer Approval Required, Fitness Center, Gated Community - No Guard, Golf Carts OK, Pool, Tennis Court(s)
Location
- Region: Sarasota
- Subdivision: PALM BAY CLUB III
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,688 monthly
- Amenities included: Clubhouse, Elevator(s), Fitness Center, Gated, Pool, Recreation Facilities, Storage, Tennis Court(s)
- Services included: Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security
- Association name: Palm Bay Club Association / France Langman
- Association phone: 941-349-1911
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Ownership: Fee Simple
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/19/2026 | Sold | $825,000-5.1%$651/sqft |
Source:  Stellar MLS #A4672593 Report a problem | ||
| 2/6/2026 | Pending sale | $869,000$685/sqft |
Source: Stellar MLS #A4672593 Report a problem | ||
| 11/21/2025 | Listed for sale | $869,000+97.9%$685/sqft |
Source: Stellar MLS #A4672593 Report a problem | ||
| 4/2/2002 | Sold | $439,000$346/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $714,100 +2.8% |
| 2024 | $8,829 +3.4% | $694,915 +10% |
| 2023 | $8,540 +15.2% | $631,741 +10% |
Find assessor info on the county website
Neighborhood: 34242
Nearby schools
GreatSchools rating
- 9/10Phillippi Shores Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 6/10Brookside Middle SchoolGrades: 6-8Distance: 2.9 mi
- 5/10Sarasota High SchoolGrades: 9-12Distance: 4.4 mi
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Estimated market value
$824,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$824,900
- Florida
- Sarasota County
- Siesta Key
- 34242
- 5962 Midnight Pass Rd Unit 129