$775,000

5968 MIDNIGHT PASS ROAD 158, Sarasota, FL 34242

2 beds |
2 baths |
1,134 sqft

Condominium
Built in 1975
—— sqft lot
—— car garage
$683/sqft
Listed 11 days ago

Property Description

Looking for the perfect 2-bedroom, 2-bath investment beach condo on Siesta Key? This second-level residence presents a strong income-producing opportunity at the desirable, gulf-front Palm Bay Club. Ideally situated on the beach side of Midnight Pass Road, unit #158 features a comfortable coastal design with an open floor plan, beachy ambiance, and tile flooring throughout, making it move-in ready for owners, guests, and short-term renters alike. Just steps from the pristine blue waters and powder-white sands of Siesta Beach, the thoughtfully designed and tastefully furnished interior maximizes space and functionality with seamless flow from the kitchen to dining and living areas. One of the premier beach-to-bay communities on Siesta Key, Palm Bay Club offers an exceptional array of amenities including two heated swimming pools, a hot tub overlooking the bay, fitness center, lighted tennis court with two pickleball courts, BBQ grills, a fishing pier, and boat docks available for daily rental. With a rare three-night minimum rental policy on Siesta Key and onsite management, this is an outstanding opportunity for the savvy owner-investor seeking both lifestyle and income.

Listing Status:: Active
Date Added:: February 6, 2026
Data Last Updated:: February 10, 2026 at 6:23PM
Listing Office:: MICHAEL SAUNDERS & COMPANY : 941-349-3444
Listing Agent:: Jonathan Abrams : 941-232-2868
MLS ID:: A4681104

General: Built-in FeaturesCeiling Fans(s)Crown MoldingOpen FloorplanSolid Surface Counters
Appliances: DishwasherRangeRefrigerator
Laundry: Common Area
Flooring: Tile
A/C: Central Air
Heating: Central

General: Other
Style: Coastal
Parking: GuestOpen

Roofing: Built-Up
Windows: Window Treatments
General: BlockConcreteOneSlab

Road/Access: BrickPaved
HOA Amenities: ClubhouseElevator(s)Fitness CenterGatedMaintenanceSpa/Hot TubStorageTennis Court(s)Cable TVPoolMaintenance GroundsManagement
Originating MLS: Stellar MLS
County: Sarasota

Zoning: RMF3UNIT S-22 PALM BAY CLUB OF SARASOTA SEC 30105136248

Utilities: Cable ConnectedElectricity ConnectedSewer ConnectedWater Connected
Water: Public
Sewer: Public Sewer

Source: Stellar MLS
Ownership: Condominium

This listing courtesy of Jonathan Abrams , MICHAEL SAUNDERS & COMPANY

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Ese Special Programs

1960 Landings Blvd, Sarasota, FL, 34231

Grades PK-12

1.38 miles away

Ese Special Programs

1960 Landings Blvd, Sarasota, FL, 34231

Grades PK-12

1.38 miles away

Sarasota Virtual Instruction (Course Offerings)

1960 Landings Blvd, Sarasota, FL, 34231

Grades 9-12

1.38 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.