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For sale
    • $1,950,000

    5740 MIDNIGHT PASS ROAD #403, SARASOTA, FL 34242

    2beds
    1,449sqft
    : 
    $13,412/mo
    Get pre-qualified
    Condominium
    Built in 1986
    -- sqft lot
    $1,792,100 Zestimate®
    $1,346/sqft
    $1,647/mo HOA

    What's special

    Extensive custom storage solutionsThree heated poolsSeamless custom finishesSweeping direct gulf viewsBarbecue and picnic areasTennis and pickleball courtsLight-filled open-concept design
    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.
    111 days
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    207
    |
    7
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    Zillow last checked:

    Listing updated:

    Listed by:

    Drew Jacobsen 941-253-6309,

    COMPASS FLORIDA LLC 941-279-3630

    Source: Stellar MLS,MLS#: A4686166MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: En Suite Bathroom, Makeup/Vanity Space, Walk-In Closet(s)
      • Level: First
      Bedroom 2
      • Features: Built-in Closet
      • Level: First
      Primary bathroom
      • Features: Shower No Tub, Linen Closet
      • Level: First
      Bathroom 2
      • Features: Shower No Tub, No Closet
      • Level: First
      Kitchen
      • Features: Kitchen Island, Exhaust Fan, Pantry, Walk-In Closet(s)
      • Level: First
      Laundry
      • Features: Storage Closet
      • Level: First
      Living room
      • Level: First
      Heating
      • Electric
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Wine Refrigerator
      • Laundry: Laundry Room
      Features
      • Ceiling Fan(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)
      • Flooring: Engineered Hardwood, Tile
      • Windows: Window Treatments
      • Has fireplace: No
      • Furnished: Yes
      Interior area
      • Total structure area: 1,449
      • Total interior livable area: 1,449 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Assigned, Circular Driveway, Covered, Electric Vehicle Charging Station(s), Ground Level, Guest, Open
      • Carport spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Lighting, Private Entrance, Sidewalk, Tennis Court(s)
      • Pool features: Heated, In Ground, Lighting
      • Has spa: Yes
      • Spa features: In Ground
      • Has view: Yes
      • View description: Water, Beach, Gulf/Ocean - Full
      • Has water view: Yes
      • Water view: Water,Beach,Gulf/Ocean - Full
      • Waterfront features: Beach, Gulf/Ocean, Beach Access, Beach - Access Deeded, Gulf/Ocean Access
      • Body of water: GULF OF MEXICO
      Lot
      • Size: 3.29 Acres
      • Features: FloodZone, In County, Sidewalk
      • Residential vegetation: Mature Landscaping, Trees/Landscaped
      Details
      • Parcel number: 0105046127
      • Zoning: RMF3
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Concrete
      • Foundation: Raised
      • Roof: Built-Up
      Condition
      • Completed
      • New construction: No
      • Year built: 1986

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, Gated Community - Guard, Pool, Racquetball, Sidewalks, Tennis Court(s), Wheelchair Access
      • Security: Fire Alarm, Gated Community, Security Gate, Security System
      • Pet fee: $0 monthly
      • Subdivision: GULF & BAY CLUB PH 6
      HOA
      • Has HOA: Yes
      • Amenities included: Basketball Court, Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pickleball Court(s), Pool
      • Services included: 24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Reserve Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
      • HOA fee: $1,647 monthly
      • HOA name: Ryan Bauman
      • HOA phone: 941-349-3000
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $1,346/sqft
      • Tax assessed value: $1,028,500
      • Annual tax amount: $12,418
      • Date on market: 4/17/2026
      • Cumulative days on market: 112 days
      • Listing terms: Cash,Conventional
      • Ownership: Condominium
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved, Asphalt

        Estimated market value

        $1,792,100

        $1.70M - $1.88M

        $7,518/mo

        Price history

        DateEventPrice
        4/17/2026Listed for sale$1,950,000+39.3%$1,346/sqft
        Source: Stellar MLS #A4686166 Report a problem
        5/13/2022Sold$1,399,999-3.4%$966/sqft
        Source: Public Record Report a problem
        4/20/2022Pending sale$1,450,000$1,001/sqft
        Source: Stellar MLS #T3360889 Report a problem
        3/27/2022Price change$1,450,000-3.3%$1,001/sqft
        Source: Stellar MLS #T3360889 Report a problem
        3/15/2022Listed for sale$1,500,000+71.6%$1,035/sqft
        Source: Stellar MLS #T3360889 Report a problem
        1/27/2021Sold$874,000$603/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,418 -12.2%$1,028,500 -13%
        2024$14,150 +6.8%$1,182,800 +7.3%
        2023$13,254 +17.7%$1,102,300 +19.3%
        2022$11,257 +20.1%$924,300 +25.6%
        2021$9,375 +1.7%$736,200 +3.9%
        2020$9,221 -12.5%$708,500 -13.6%
        2019$10,537 $819,700 -0.1%
        2018$10,537 -0.1%$820,700 +99.1%
        2017$10,553 +102.9%$412,231 -49.8%
        2016$5,202 $820,400 +6.5%
        2015$5,202 +0.4%$770,300 +96.6%
        2014$5,183 +0%$391,885
        2013$5,182 +2.8%$391,885 +1.7%
        2012$5,041 +4.8%$385,334 +3%
        2011$4,810 -1.2%$374,111 +1.5%
        2010$4,871 +10.5%$368,582 +2.7%
        2009$4,407 $358,892 +0.1%
        2008$4,407 -0.7%$358,533 +3%
        2007$4,439 $348,090 +2.5%
        2006-- $339,600 +3%
        2005-- $329,709 +3%
        2004$4,669 -1.1%$320,106 +1.9%
        2003$4,723 +2.8%$314,137 +2.4%
        2002$4,593 +7.8%$306,774 +1.6%
        2001$4,262 +3%$301,943 +3%
        2000$4,138 $293,149
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 34242

        Getting around

        12 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Phillippi Shores Elementary
        • Middle: Brookside Middle
        • High: Sarasota High

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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