Broker has ownership interest. This is not a short sale. Welcome to Gulf and Bay club situated directly on Siesta Key beach, one of the two top beaches in America. This lovely penthouse unit has spectacular views overlooking the Gulf. The residence features 2 bedrooms and two full baths and has an extended living room and master suite. The ample kitchen has a breakfast bar overlooking a spacious living room with ocean views. Amenities include 3 heated pools, 8 tennis courts, a fitness center with spa, an expansive clubhouse with library and computer room, also features barbecue and multiple picnic tables to relax by the ocean with family and friends.
Sold for $1,700,000
$1,700,000
5740 Midnight Pass Rd #502, Sarasota, FL 34242
2beds
2baths
1,584sqft
Condo
Built in 1986
-- sqft lot
$1,627,300 Zestimate®
$1,073/sqft
$6,875 Estimated rent
Home value
$1,627,300
$1.48M - $1.79M
$6,875/mo
Zestimate® history
Owner options
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$6,875/mo
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$6,875/mo
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$11,539/mo
Est. payment
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$11,539/mo
Est. payment
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Other
Features
- Flooring: Other
- Has fireplace: No
Interior area
- Total interior livable area: 1,584 sqft
Property
Parking
- Parking features: Carport
Features
- Exterior features: Cement / Concrete
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Details
- Parcel number: 0105046134
Construction
Type & style
- Home type: Condo
Materials
- concrete
- Foundation: Piling
- Roof: Built-up
Condition
- Year built: 1986
Community & neighborhood
Location
- Region: Sarasota
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $650 monthly
Price history
| Date | Event | Price |
|---|---|---|
| 3/25/2024 | Sold | $1,700,000+41.7%$1,073/sqft |
Source: Public Record Report a problem | ||
| 7/26/2021 | Sold | $1,200,000+49.1%$758/sqft |
Source: Public Record Report a problem | ||
| 5/20/2015 | Sold | $805,000+347.2%$508/sqft |
Source: Stellar MLS #O5361956 Report a problem | ||
| 9/16/1998 | Sold | $180,000$114/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,864 +2.2% | $1,276,100 +5.1% |
| 2024 | $14,538 -1.4% | $1,214,400 +3.1% |
| 2023 | $14,740 +13.4% | $1,178,430 +10% |
| 2022 | $12,993 +39.1% | $1,071,300 +46.4% |
| 2021 | $9,340 +4.7% | $731,900 +7.1% |
| 2020 | $8,923 -12% | $683,200 -13.1% |
| 2019 | $10,141 | $786,400 +1% |
| 2018 | $10,141 +0.9% | $778,900 0% |
| 2017 | $10,049 +76.4% | $779,000 -10.3% |
| 2016 | $5,698 | $868,000 +6.5% |
| 2015 | $5,698 | $814,900 +90.6% |
| 2014 | $5,698 +0.4% | $427,442 |
| 2013 | $5,676 +2.8% | $427,442 +1.7% |
| 2012 | $5,523 +4.8% | $420,297 +3% |
| 2011 | $5,270 -1.3% | $408,055 +1.5% |
| 2010 | $5,337 +10.5% | $402,025 +2.7% |
| 2009 | $4,830 | $391,456 +0.1% |
| 2008 | $4,830 -0.4% | $391,065 +3% |
| 2007 | $4,851 | $379,675 +2.5% |
| 2006 | -- | $370,415 +3% |
| 2005 | -- | $359,626 +3% |
| 2004 | $5,083 -1.6% | $349,151 +1.9% |
| 2003 | $5,168 +2.8% | $342,641 +2.4% |
| 2002 | $5,025 +7.2% | $334,610 +1.6% |
| 2001 | $4,689 +3% | $329,341 +3% |
| 2000 | $4,553 | $319,749 |
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
$1,627,300
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
$1,627,300
- Florida
- Sarasota County
- Siesta Key
- 34242
- 5740 Midnight Pass Rd Unit 502
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