An investor’s dream! Discover unbeatable income potential with this fully renovated 1 bed, 1 bath condo at Jamaica Royale—a proven high-performing rental generating up to $58,000 annually and already secured with over $25,000 in bookings for 2026. Whether you're seeking a profitable income property, a personal beach retreat, or both, this turnkey unit is positioned to deliver. The spacious open-concept layout features a beautifully upgraded kitchen with peninsula seating, quartz countertops, coordinated backsplash, sleek silver fixtures, and brand-new appliances. Luxury vinyl plank flooring and crown molding create a bright, cohesive coastal aesthetic throughout. The large bedroom includes a king-size bed and generous closet—ideal for extended stays and maximizing guest comfort. The stylish bathroom includes a walk-in shower with coastal tile, glass enclosure, custom vanity, and modern finishes. Perfectly situated just steps from one of Jamaica Royale’s three resort-style pools and a short stroll to Siesta Key’s iconic powder-soft sand, this condo offers the lifestyle renters desire and investors value. With its strong rental history, future bookings in place, and reputation as a top income producer, this property is truly the best of both worlds: a relaxing beach escape and a smart income-generating asset.
For sale
Price cut: $20K (12/1)
$595,000
5830 Midnight Pass Rd APT 52, Sarasota, FL 34242
1beds
728sqft
Est.:
Condominium
Built in 1963
-- sqft lot
$-- Zestimate®
$817/sqft
$1,231/mo HOA
What's special
Modern finishesPeninsula seatingStylish bathroomQuartz countertopsCustom vanitySleek silver fixturesSpacious open-concept layout
- 89 days |
- 116 |
- 4 |
Zillow last checked: 8 hours ago
Listing updated: 17 hours ago
Listing Provided by:
Noelle Vihrachoff 570-262-4594,
KELLER WILLIAMS ON THE WATER S 941-803-7522
Source: Stellar MLS,MLS#: A4664667
Originating MLS: Sarasota - Manatee

Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Ceiling Fan(s), Coat Closet
- Level: First
- Area: 238 Square Feet
- Dimensions: 14x17
Primary bathroom
- Features: Ceiling Fan(s)
- Level: First
- Area: 35 Square Feet
- Dimensions: 5x7
Kitchen
- Features: Breakfast Bar
- Level: First
- Area: 60 Square Feet
- Dimensions: 10x6
Living room
- Features: Ceiling Fan(s)
- Level: First
- Area: 140 Square Feet
- Dimensions: 14x10
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
- Laundry: Laundry Closet
Features
- Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat
- Flooring: Laminate
- Doors: Sliding Doors
- Windows: Window Treatments
- Has fireplace: No
Interior area
- Total structure area: 988
- Total interior livable area: 728 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Exterior features: Sidewalk
- Has view: Yes
- View description: Pool
- Waterfront features: Beach - Access Deeded
Lot
- Size: 5.97 Acres
Details
- Parcel number: 0105135251
- Zoning: RMF3
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Gated Community - No Guard, Pool, Sidewalks
- Subdivision: JAMAICA ROYALE
HOA
- Has HOA: Yes
- Amenities included: Shuffleboard Court
- Services included: Community Pool, Reserve Fund, Internet, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Sewer, Trash, Water
- HOA fee: $1,231 monthly
- HOA name: Stephanie
- HOA phone: 941-349-1800
- Pet fee: $0 monthly
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $817/sqft
- Tax assessed value: $791,500
- Annual tax amount: $6,077
- Date on market: 9/12/2025
- Cumulative days on market: 89 days
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Total actual rent: 0
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/1/2025 | Price change | $595,000-3.3%$817/sqft |
Source: | ||
| 9/12/2025 | Listed for sale | $615,000+58.9%$845/sqft |
Source: | ||
| 10/18/2019 | Sold | $387,000-7.6%$532/sqft |
Source: Stellar MLS #A4434836 Report a problem | ||
| 5/6/2019 | Listed for sale | $419,000-44.9%$576/sqft |
Source: MICHAEL SAUNDERS & COMPANY #A4434836 Report a problem | ||
| 7/19/2016 | Sold | $760,000+180.4%$1,044/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $791,500 -7.1% |
| 2024 | $10,681 -11.2% | $851,973 +10% |
| 2023 | $12,022 +8.6% | $774,521 +10% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,927/mo
Principal & interest
$2858
HOA Fees
$1231
Other costs
$838
Climate risks
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
Schools provided by the listing agent
- Elementary: Phillippi Shores Elementary
- Middle: Brookside Middle
- High: Riverview 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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