Listing Details for MLS #A4672593 - 5962 Midnight Pass Road Unit 129, Sarasota, Fl 34242

Residential Property - Condominium in Sarasota

Listing Price: $869,000Days on Market: 54

Description of Property

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!The average asking price for a 2 bedroom/2 bath condominium in this Zip code is $859,397. This condominium is listed at about 101% of the average asking price. There are 77 2 bedroom/2 bath homes between $600,000 and $1,000,000 currently listed for sale in this Zip code. See other listings like this one »