Rarely available penthouse floor 3 bedroom, 2 bath unit sits right on the world famous Siesta beach with western and northern views. Completely updated and comes completely furnished. Gulf & Bay Club is a gulf front gated community that sits on over 30 acres with 780 feet of beach frontage. Amenities include 3 heated pools, 8 tennis courts, a state of the art fitness center with spa, an expansive clubhouse with library and computer room, racquetball & basketball courts, saunas and multiple barbecue areas with picnic tables.
Sold for $2,350,000
$2,350,000
5740 Midnight Pass Rd #506, Sarasota, FL 34242
3beds
2,004sqft
Condo
Built in 1986
-- sqft lot
$2,223,900 Zestimate®
$1,173/sqft
$-- Estimated rent
Home value
$2,223,900
$1.98M - $2.49M
Not available
Zestimate® history
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air, Other, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile
- Basement: None
Interior area
- Total interior livable area: 2,004 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport
Features
- Exterior features: Cement / Concrete
- Has spa: Yes
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Details
- Parcel number: 0105046138
Construction
Type & style
- Home type: Condo
Materials
- concrete
- Foundation: Piling
- Roof: Built-up
Condition
- Year built: 1986
Community & HOA
Community
- Features: Fitness Center
HOA
- Has HOA: Yes
- HOA fee: $568 monthly
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $1,173/sqft
- Tax assessed value: $1,555,600
- Annual tax amount: $18,410
Price history
| Date | Event | Price |
|---|---|---|
| 1/10/2025 | Sold | $2,350,000+213.3%$1,173/sqft |
Source: Public Record Report a problem | ||
| 8/1/2016 | Sold | $750,000+7.9%$374/sqft |
Source: Public Record Report a problem | ||
| 3/3/1997 | Sold | $695,000$347/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,410 +5.7% | $1,522,835 +10% |
| 2024 | $17,415 +13% | $1,384,395 +24.8% |
| 2023 | $15,405 +14.5% | $1,109,086 +10% |
| 2022 | $13,451 +15.5% | $1,008,260 +10% |
| 2021 | $11,642 +4.6% | $916,600 +7.1% |
| 2020 | $11,129 -12.5% | $856,200 -13.5% |
| 2019 | $12,722 | $990,300 -15.2% |
| 2018 | $12,722 -14.8% | $1,168,000 0% |
| 2017 | $14,940 +6.9% | $1,168,100 +7.4% |
| 2016 | $13,977 | $1,087,700 +6.5% |
| 2015 | $13,977 +3.4% | $1,021,100 +13.3% |
| 2014 | $13,521 +7% | $900,900 |
| 2013 | $12,632 +3.3% | $900,900 +2.3% |
| 2012 | $12,230 -3.7% | $880,600 -5.5% |
| 2011 | $12,699 -17.6% | $931,900 -15.6% |
| 2010 | $15,410 -6.7% | $1,104,500 -10.1% |
| 2009 | $16,509 | $1,229,200 -3.9% |
| 2008 | $16,509 -10.5% | $1,279,000 -10.2% |
| 2007 | $18,452 | $1,425,000 +6.3% |
| 2006 | -- | $1,340,300 +17.5% |
| 2005 | -- | $1,140,394 +17% |
| 2004 | $14,717 +13.7% | $974,680 +18% |
| 2003 | $12,939 -4.4% | $826,000 -5.8% |
| 2002 | $13,535 +47.5% | $876,600 +42% |
| 2001 | $9,177 +2.7% | $617,314 +3% |
| 2000 | $8,935 | $599,334 |
Find assessor info on the county website
Neighborhood: 34242
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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
$2,223,900
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
$2,223,900
- Florida
- Sarasota County
- Siesta Key
- 34242
- 5740 Midnight Pass Rd Unit 506
