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Sold for $651,500
  • $651,500

    5855 Midnight Pass Rd APT 708, Sarasota, FL 34242

    2beds
    1,152sqft
    Condo
    Built in 1976
    -- sqft lot
    $613,500 Zestimate®
    $566/sqft
    $3,774 Estimated rent

    Home value

    $613,500

    $558,000 - $681,000

    $3,774/mo

    Zestimate® history
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    $3,774/mo

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    Rent Zestimate®

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    $4,471/mo

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    $4,471/mo

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    What's special

    Rarely available Penthouse condo! Excellent Investment Opportunity! Enjoy views of the intra-coastal, Gulf of Mexico, and downtown Sarasota from this top floor 2 bedroom, 2 bathroom condo. Upon entering this condo, you will notice the 9ft ceilings available on the 7th floor of stunning Harbor Towers Yacht and Racquet Club. This condo features a washer and dryer, updated kitchens and bathrooms. Location is everything! Just a short walk to the top ranked Siesta Key Beach with its powdery quartz sand. Hop on the free trolley, which stops right in front of Harbor Towers for shopping, dinner, or music in Siesta Key Village. Go for a bike ride around the island and then store your bike in the well-lit bike storage racks. You can easily venture off the island via one of two bridges and enjoy all the shopping, dining and entertainment that Sarasota has to offer. Investor-friendly building with an on-site rental office, 2 week rentals, and some of the lowest HOA fees on the island. Enjoy life at Harbor Towers in this immaculate turnkey furnished unit. Harbor Towers is one of the largest resort-style properties on Siesta Key. Having an added option for a large boat slip is very rare. $45,000 annual rental potential quoted by a local management company.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other
    Features
    • Flooring: Carpet
    Interior area
    • Total interior livable area: 1,152 sqft

    Property

    Features
    • Exterior features: Cement / Concrete
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 0105134189

    Construction

    Type & style
    • Home type: Condo
    Materials
    • concrete
    • Foundation: Piers
    • Roof: Built-up
    Condition
    • Year built: 1976

    Community & neighborhood

    Location
    • Region: Sarasota

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $458 monthly

    Price history

    DateEventPrice
    2/9/2023Sold$651,500-5.4%$566/sqft
    Source: Public Record Report a problem
    7/27/2022Pending sale$689,000$598/sqft
    Source: Stellar MLS #A4538530 Report a problem
    7/20/2022Price change$689,000-1.4%$598/sqft
    Source: Stellar MLS #A4538530 Report a problem
    6/12/2022Listed for sale$699,000+68.4%$607/sqft
    Source: Stellar MLS #A4538530 Report a problem
    10/4/2018Sold$415,000+59.9%$360/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $494,000 -1.4%
    2024$6,272 -2%$501,000 -2.4%
    2023$6,398 +74.7%$513,100 +63.4%

    Find assessor info on the county website

    Neighborhood: 34242

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $613,500