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.
Pending
Price cut: $50K (12/26)
$1,475,000
5740 Midnight Pass Rd #405, Sarasota, FL 34242
2beds
1,337sqft
Est.:
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
- 197 days |
- 379 |
- 7 |
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#: A4655450
Originating 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
Estimated market value
$1,360,100
$1.29M - $1.43M
$5,854/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/16/2026 | Pending sale | $1,475,000$1,103/sqft |
Source: | ||
| 12/26/2025 | Price change | $1,475,000-3.3%$1,103/sqft |
Source: | ||
| 9/26/2025 | Price change | $1,525,000-4.6%$1,141/sqft |
Source: | ||
| 7/17/2025 | Listed for sale | $1,599,000+99.9%$1,196/sqft |
Source: | ||
| 8/16/2019 | Sold | $800,000$598/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
- 9/10Phillippi Shores Elementary SchoolGrades: PK-5Distance: 2 mi
- 6/10Brookside Middle SchoolGrades: 6-8Distance: 2.9 mi
- 5/10Sarasota High SchoolGrades: 9-12Distance: 4.4 mi
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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