5966 Midnight Pass Rd #G118, photo 1
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Overview

1 bd1 ba864 sqftCondominium
TypeCondominium
Condo dues$1,039/mo
Built1970
Living area864 sqft
Price / sqft$1,244

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Crown MoldingHigh CeilingsLiving Room/Dining Room ComboOpen FloorplanSolid Wood CabinetsTray Ceiling(s)Walk-in Closet(s)

5966 Midnight Pass Rd #G118 is a 1970-built home in Palm Bay Club I, Sarasota. Inside you'll find 1 bedrooms, 1 bathrooms, and 864 square feet of living space. Listed at $1,075,000 (about $1,244/sqft), 319 days on market. Flood zone AE - confirm flood insurance requirements with your lender. Condo dues run $1,039 monthly.

From the listing

Experience breathtaking, panoramic Gulf of Mexico views from this one of a kind penthouse-level residence with direct beach frontage! Located in the coveted Gulf-Front Tower at the Palm Bay Club on Siesta Key! Sitting high above the shoreline, you'll have the opportunity to experience amazing Siesta Key Sunsets like never before! This rare opportunity features a bright, open layout with a welcoming foyer, crown molding, and tile flooring throughout. The spacious kitchen includes granite countertops, trey ceiling detail, breakfast-bar seating, and a direct backdrop of the shimmering Gulf. The utility room adds valuable convenience and storage. Resort-style amenities include private deeded beach access, beach chairs, two heated pools (including one beachside), a large hot tub, barbecue areas, bayside fishing pier, lighted tennis & pickleball courts, fitness center, complimentary WiFi, 24-hour security and more. With excellent rental potential and a 3-day minimum rental program, this residence is ideal as a high-performing investment, seasonal escape, or full-time coastal retreat. Offering the best of both worlds with flexibility to make a nice income while still enjoying it personally. The onsite rental management provides an effortless, hands-off experience. Enjoy the island lifestyle just minutes from Siesta Key Village’s boutiques and restaurants, and a short drive to Downtown Sarasota’s vibrant arts and dining scene.

The essentials

Built
1970
Price / sqft
$1,244
On market
319 days
Annual tax
$9,506
Condo dues
$1,039/mo
Flood zone
AE
Type
Condominium

At a glance

High-rise condo
11 stories · 1970
Water views
Beach
Community pool
Fitness center too
864 sqft
Living area

Payment

Est. monthly payment
$7,976/mo
Down payment (20%)
$215,000
Property taxes
$792/mo
Condo dues
$1,039/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
1970
Lot
-
Cooling
Central Air
Heating
Electric
Parking
Covered, Guest, Open
Days on Market
319
Ceiling Fans(s)
Crown Molding
High Ceilings
Living Room/Dining Room Combo
Open Floorplan
Solid Wood Cabinets
Tray Ceiling(s)
Walk-in Closet(s)
Window Treatments
Association Recreation - Owned
Buyer Approval Required
Deed Restrictions
Fitness Center
No Truck/Rv/Motorcycle Parking
Pool
Tennis Court(s)
Street Lights
Dishwasher
Microwave
Refrigerator
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 (2024)
$9,506
Parcel #
0105136086

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
Condo dues
$1,039/mo
Palm Bay Club Association/Tammy Calhoun

Price history

Date
Event
Price
9/11/2026
Price change
Source: Stellar MLS #A4671884
$1,075,000-6.5%
$1,244/sqft
11/28/2025
Listed for sale
Source: Stellar MLS #A4671884
$1,150,000
$1,331/sqft

Neighborhood

5966 Midnight Pass Rd #G118
Sarasota, FL, 34242 · 34242 - Sarasota/Crescent Beach/Siesta Key

Market insights

Offer Insights

Choose an offer strength

List price: $1,075,000
$1.03M – $1.07M
95.7% – 100% of listTops out right at the list price
80% of listList price
53 of the last 104 condo closings in 34242 landed at this number or higher (51%). The median one sat 122 days before it went under contract, and this one is on day 319 after a $75,000 cut.

Sample: 104 closed condo sales in 34242 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$7,975/mo
Principal & interest$5,607
Property taxes$792
Insurance$538
HOA$1,039
Down payment20% · $215,000
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%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$1,075,000

$1,244 per sq ft

Beds and baths

1 beds, 1 baths

Size

864 sq ft

Time on market

319 days

Year built

1970

Monthly payment

About $7,976/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $9,506 annual tax bill, insurance, and $1,039/mo in condo dues.

Condo dues

$1,039/mo

Managed by Palm Bay Club Association/Tammy Calhoun.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

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Brokered byHARRY ROBBINS ASSOC INCListing agent: Ryan MillerListing data from Stellar MLS, MLS# A4671884.

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