5740 Midnight Pass Rd #403, photo 1
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Overview

2 bd2 ba1,449 sqftCondominium
TypeCondominium
HOANone listed
Built1986
Lot143,327 sqft
Living area1,449 sqft
Price / sqft$1,346

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Sunday, Nov 1 · 1:00 PM to 4:00 PM

About this home

Ceiling Fans(s)Kitchen/Family Room ComboLiving Room/Dining Room ComboOpen FloorplanSmart HomeSolid Surface CountersSolid Wood CabinetsThermostat

5740 Midnight Pass Rd #403 is a 1986-built home in Gulf & Bay Club Ph 6, Sarasota. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,449 square feet of living space. Listed at $1,950,000 (about $1,346/sqft), 176 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

A rare and exceptional offering within Building F at Gulf & Bay Club on Siesta Key, Unit 403 presents a truly one-of-a-kind coastal retreat. Completely taken down to the studs and reimagined in 2023, this residence showcases a meticulous, high-end renovation where no detail was overlooked. From the moment you enter, you’re welcomed by a light-filled, open-concept design with sweeping direct Gulf views that immediately set the tone. The chef’s kitchen is the centerpiece of the home, anchored by a stunning 12-foot oversized island with seating for six. Featuring eco-friendly PaperStone countertops and backsplash, a full suite of premium Thermador appliances, and seamless custom finishes, the space is as functional as it is striking—all complemented by breathtaking water views as you cook and entertain. Offered turnkey furnished, the interiors are thoughtfully curated with pieces from Arhaus, Restoration Hardware, and other luxury brands, creating a cohesive and sophisticated aesthetic. The open layout flows effortlessly from kitchen to dining to living, enhanced by custom built-ins that provide both style and smart storage, including a paneled wine refrigerator. Wake up to the Gulf from your private primary suite, a serene retreat designed for both comfort and elegance. This space features a dedicated vanity area, custom walk-in closet, and a beautifully appointed en-suite bath, offering a spa-like experience within your own home. Additional highlights include engineered hardwood flooring throughout, hurricane-impact windows and sliders, solid-core doors, and extensive custom storage solutions—all contributing to the home’s elevated design and livability. This two-bedroom, two-bath residence is set within the highly sought-after Gulf & Bay Club, where residents enjoy an unmatched, resort-style lifestyle across 32 acres of lush, manicured grounds. Indulge in 800 feet of private, powdery white sand beach, three heated pools, tennis and pickleball courts, a state-of-the-art fitness center with yoga studio and saunas, and multiple clubhouses featuring lounges, billiards, and social spaces. Additional amenities include barbecue and picnic areas, freshwater lakes, and EV charging stations. Ideally located just moments from the dining, shopping, and vibrant energy of Siesta Key Village—including the iconic Sunday Drum Circle—this residence offers the perfect blend of privacy, luxury, and convenience. Unit 403 is more than a home—it’s a rare opportunity to experience the very best of Gulf-front living on Siesta Key.

The essentials

Built
1986
Price / sqft
$1,346
On market
176 days
Annual tax
$12,418
Flood zone
AE
Lot
143,327 sqft
Type
Condominium

At a glance

Condo
5 stories · 1986
Waterfront
Beach Front
Community pool
Fitness center too
Assigned parking
1,449 sqft
Living area

Payment

Est. monthly payment
$12,180/mo
Down payment (20%)
$390,000
Property taxes
$1,035/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
1986
Lot
143,327 sqft
Cooling
Central Air
Heating
Electric
Parking
Assigned, Circular Driveway, Covered, Electric Vehicle Charging Station(s), Ground Level, Guest, Open
Waterfront
Beach Front, Gulf/Ocean
Days on Market
176
Ceiling Fans(s)
Kitchen/Family Room Combo
Living Room/Dining Room Combo
Open Floorplan
Smart Home
Solid Surface Counters
Solid Wood Cabinets
Thermostat
Walk-in Closet(s)
Window Treatments
Lighting
Private Entrance
Sidewalk
Tennis Court(s)
Buyer Approval Required
Clubhouse
Deed Restrictions
Fitness Center
Gated Community - Guard
Pool
Racquetball
Sidewalks
Wheelchair Access
Cooktop
Dishwasher
Disposal
Dryer
Electric Water Heater
Microwave
Refrigerator
Washer
Wine 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 (2025)
$12,418
Parcel #
0105046127

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
Gulf & Bay Club Ph 6
County
Sarasota
MLS Area
34242 - Sarasota/Crescent Beach/Siesta Key
Lot Size
143,327 sqft
FloodZoneIn CountySidewalkPaved

Price history

Date
Event
Price
4/17/2026
Listed for sale
Source: Stellar MLS #A4686166
$1,950,000
$1,346/sqft

Neighborhood

5740 Midnight Pass Rd #403
Sarasota, FL, 34242 · 34242 - Sarasota/Crescent Beach/Siesta Key

Market insights

Offer Insights

Choose an offer strength

List price: $1,950,000
$1.87M – $1.95M
95.7% – 100% of listTops out right at the list price
80% of listList price
52 of the last 103 condo closings in 34242 landed at this number or higher (50%). The median one sat 122 days before it went under contract, and this one is on day 176.

Sample: 103 closed condo sales in 34242 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$12,180/mo
Principal & interest$10,170
Property taxes$1,035
Insurance$975
Down payment20% · $390,000
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%. 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

$1,950,000

$1,346 per sq ft

Beds and baths

2 beds, 2 baths

Size

1,449 sq ft

Time on market

176 days

Year built

1986

Monthly payment

About $12,180/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $12,418 annual tax bill, insurance.

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?

Have another question?

Brokered byCOMPASS FLORIDA LLCListing agent: Drew JacobsenListing data from Stellar MLS, MLS# A4686166.

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