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Pending
  • Price cut: $50K (12/26)
    $1,475,000

    5740 Midnight Pass Rd #405, Sarasota, FL 34242

    2beds
    1,337sqft
    : 
    Condominium
    Built in 1986
    -- sqft lot
    $1,360,100 Zestimate®
    $1,103/sqft
    $1,647/mo HOA

    What's special

    Basketball courtTennis courtsCoastal beautyGranite countertopsRacquetball courtBreathtaking gulf viewsCharming breakfast nook
    Under contract-accepting backup offers. Welcome to Unit 405 in the highly sought-after Building F at Gulf & Bay Club, where breathtaking Gulf views and refined upgrades set the stage for an exceptional Siesta Key lifestyle. This spacious 2-bedroom, 2-bath residence showcases sweeping panoramas of the Gulf of Mexico, perfectly framed by hurricane-impact windows and sliding glass doors that fill the living spaces with natural light and coastal beauty. Inside, you’ll find thoughtful updates throughout, including a recently renovated primary bathroom and elegant porcelain tile floors that flow seamlessly from room to room. The large kitchen is a standout feature, designed for both functionality and entertaining. It boasts granite countertops, abundant cabinet storage with custom drawers, a wine fridge, a double Dacor oven, two sinks, and a charming breakfast nook where you can enjoy your morning coffee. Just outside, Building F features its own clubhouse and a sparkling pool only steps from your door, offering both convenience and a touch of exclusivity to everyday living. As a resident of Gulf & Bay Club, you’ll enjoy an unparalleled array of resort-style amenities on 32 acres of pristine, beautifully landscaped grounds. Spend your days lounging on 800 feet of private, powdery white sand, or take advantage of three heated pools, six tennis courts, six pickleball courts, a basketball court, a racquetball court, and a state-of-the-art fitness center complete with a yoga studio and dry saunas. Two clubhouses provide inviting spaces to gather, with lounges, a library, billiards, and Wi-Fi. Barbecue areas, picnic spots by freshwater lakes, and free EV charging stations make it easy to entertain and unwind. Just beyond the gates, you’re moments away from Siesta Key’s vibrant dining, shopping, and the iconic Sunday Drum Circle. Combining spectacular views, meticulous upgrades, and the unmatched amenities of Gulf & Bay Club, Unit 405 offers a rare opportunity to embrace the very best of coastal living. This is more than a home—it’s a lifestyle you’ll treasure every day.
    197 days
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    379
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    7
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    Zillow last checked: 8 hours ago

    Listing updated: January 15, 2026 at 06:39pm

    Listing Provided by:

    Drew Jacobsen 941-253-6309,

    COMPASS FLORIDA LLC 941-279-3630

    Source: Stellar MLS,MLS#: A4655450MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    Primary bathroom
    • Features: En Suite Bathroom, Makeup/Vanity Space, Rain Shower Head, Shower No Tub
    • Level: First
    Bathroom 2
    • Features: Stone Counters, Tub With Shower
    • Level: First
    Dining room
    • Features: Wet Bar
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Wine Refrigerator
    • Laundry: Laundry Room
    Features
    • Ceiling Fan(s), Dry Bar, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Walk-In Closet(s)
    • Flooring: Porcelain Tile
    • Windows: Window Treatments
    • Has fireplace: No
    Interior area
    • Total structure area: 1,449
    • Total interior livable area: 1,337 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 1
    • Parking features: Covered, Deeded, Electric Vehicle Charging Station(s), Guest, Reserved
    • Carport spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Enclosed
    • Exterior features: Lighting, Private Mailbox, Sidewalk
    • Pool features: Heated, In Ground, Lap, Lighting
    • Has spa: Yes
    • Spa features: In Ground
    • Has view: Yes
    • View description: Water, Gulf/Ocean - Full
    • Has water view: Yes
    • Water view: Water,Gulf/Ocean - Full
    • Waterfront features: Waterfront, Beach, Gulf/Ocean, Beach Access, Gulf/Ocean Access
    • Body of water: GULF OF MEXICO
    Lot
    • Size: 3.29 Acres
    • Features: FloodZone, In County, Landscaped, Private, Sidewalk
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Parcel number: 0105046129
    • 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: Waterfront, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - Guard, Pool, Sidewalks, Tennis Court(s)
    • Security: Fire Alarm, Fire Sprinkler System, Gated Community, Smoke Detector(s)
    • Subdivision: GULF & BAY CLUB PH 6
    HOA
    • Has HOA: Yes
    • Amenities included: Basketball Court, Clubhouse, Fitness Center, Gated, Lobby Key Required, Maintenance, Pickleball Court(s), Pool, Racquetball, Recreation Facilities, Sauna, Security, Spa/Hot Tub, Tennis Court(s)
    • Services included: Cable TV, Community Pool, Reserve Fund, Insurance, Internet, Maintenance Structure, Manager, Pest Control, Pool Maintenance, Private Road, Security, Sewer, Trash, Water
    • HOA fee: $1,647 monthly
    • HOA name: Ryan Bauman
    • HOA phone: 941-349-3000
    • Pet fee: $0 monthly
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $1,103/sqft
    • Tax assessed value: $823,000
    • Annual tax amount: $11,340
    • Date on market: 7/17/2025
    • Cumulative days on market: 196 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved, Asphalt
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    Estimated market value

    $1,360,100

    $1.29M - $1.43M

    $5,854/mo

    Price history

    Price history
    DateEventPrice
    1/16/2026Pending sale$1,475,000$1,103/sqft
    Source: Stellar MLS #A4655450 Report a problem
    12/26/2025Price change$1,475,000-3.3%$1,103/sqft
    Source: Stellar MLS #A4655450 Report a problem
    9/26/2025Price change$1,525,000-4.6%$1,141/sqft
    Source: Stellar MLS #A4655450 Report a problem
    7/17/2025Listed for sale$1,599,000+99.9%$1,196/sqft
    Source: Stellar MLS #A4655450 Report a problem
    8/16/2019Sold$800,000$598/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025-- $823,000 -11.8%
    2024$11,341 -2.2%$932,765 +10%
    2023$11,595 +14.6%$847,968 +10%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $11,065/mo
    Principal & interest
    $7341
    HOA Fees
    $1647
    Other costs
    $2077

      Climate risks

      Neighborhood: 34242

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Phillippi Shores Elementary
      • Middle: Booker 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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