Last Sold Price
2 beds1,919 sqft$482/sqft
5780 Midnight Pass Rd, Unit 701B, Sarasota, FL 34242

Description

Welcome to Paradise. Gulf & Bay Club is Siesta Key’s most desirable resort community. This west corner 7th floor Turnkey Furnished Penthouse has gorgeous surround views of the World famous aqua-blue waters of the Gulf of Mexico and resort pools, and the most gorgeous sunsets in the evening. Because of the Unit’s location, in the night you’ll enjoy the twinkle lights of the resort. This is a split 2 bedroom 3 bath unit with a bright open floor that includes modern kitchen with granite counter tops...Welcome to Paradise. Gulf & Bay Club is Siesta Key’s most desirable resort community. This west corner 7th floor Turnkey Furnished Penthouse has gorgeous surround views of the World famous aqua-blue waters of the Gulf of Mexico and resort pools, and the most gorgeous sunsets in the evening. Because of the Unit’s location, in the night you’ll enjoy the twinkle lights of the resort. This is a split 2 bedroom 3 bath unit with a bright open floor that includes modern kitchen with granite counter tops overlooking a separate dining room and large living room with built in bar-views from every room–plenty of reason to entertain. The large Master Suite with large walk-in closet, opens to a large sitting room with more spectacular views. The large ensuite guest room has 2 full size beds and a walk-in closet for the comfort of your guests. A separate large utility room allows for additional storage for beach equipment. Mirrors have been used to enhance the views. Newer A/C & hot water tank. Electrical Panel replaced. Gulf & Bay Club is on 30+ acres on the World Renowned, Siesta Key Beach on the Gulf of Mexico, offering first-class amenities and located between the north and south bridges, close to the village with unique shops and restaurants. Amenities include fitness center with spa, saunas & hot tub, clubhouse w/ library, computer room & pool table. Plus 8 lighted tennis courts, indoor basketball & racquetball, shuffleboard, 3 heated pools, 2 freshwater lagoon & Tiki hut BBQ & picnic areas.
LISTING CLOSED: 10/22/2019 12:00 AM

  1. Listed by Carol Palmeri • Brokerage DRE #1030924 • RE/MAX ALLIANCE GROUP
    P: (941) 504-8548 C: (941) 504-8548 cpalm5940@gmail.com
  2. Listed by Chuck Palmeri • Brokerage DRE #1030924 • RE/MAX ALLIANCE GROUP
    P: (941) 504-8428 cpalm1926@gmail.com

Property Details for 5780 Midnight Pass Road, Unit 701B

Status
MLS #
A4422545
Days on Market
269
Pet Policy
Not Allowed
Taxes
$9,134 / year
HOA Fees
-
Condo/Co-op Fees
$2,770 / quarter
Property Type
MLS Type
Residential / Condominium
Year Built
1979
Architectural Style
Contemporary
Subdivision Name
GULF & BAY CLUB PH 2
Township
37
Carport Spaces
1
View
Pool, Water
Waterfront
Yes
Water View
Beach, Gulf/Ocean - Partial, Lagoon
Furnished
Furnished

Recent comparable sales

Median sold price

$950,000

Avg days on market

104

Sale-to-list ratio

90.0%

Sarasota, FL

9 comparable properties found

1

$1,910,000

Sold 04/21/25

2
Bedrooms
3
Bathrooms
1,739
Square Feet
Unavailable
Acres
a view of a sitting area with furniture and garden
1/2
2

$975,000

Sold 11/12/25

3
Bedrooms
1,737
Square Feet
Unavailable
Acres
3

$950,000

Sold 01/22/25

3
Bedrooms
3
Bathrooms
1,755
Square Feet
Unavailable
Acres
$925,000 | 1280 Dolphin Bay Way, Unit 202, Sarasota, FL 34242
1/2
4

$925,000

Sold 07/01/25

2
Bedrooms
1,840
Square Feet
Unavailable
Acres
view of a city with lots of residential buildings ocean and mountain view in back
1/2
5

$915,000

Sold 04/01/25

2
Bedrooms
1,915
Square Feet
Unavailable
Acres
a view of entryway and hall with wooden floor
1/2
6

$1,035,000

Sold 06/06/25

2
Bedrooms
1,760
Square Feet
Unavailable
Acres
a view of building with city view
1/2
7

$900,000

Sold 12/30/25

2
Bedrooms
1,710
Square Feet
Unavailable
Acres
a view of a city and an ocean view
1/2
8

$895,000

Sold 04/30/25

2
Bedrooms
1,706
Square Feet
Unavailable
Acres
9

$3,400,000

Sold 06/30/25

2
Bedrooms
3
Bathrooms
2,143
Square Feet
Unavailable
Acres

Location

Add your commute

Building Information for 5780 Midnight Pass Road, Unit 701B

Building/Complex5780 Midnight Pass RdFloor-Stories7Residences-Pet PolicyNot AllowedPet Policy DetailsNoYear Built1979

Payment Calculator

$6,386 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,702

Property Taxes

$761

HOA Dues

$923

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 5780 Midnight Pass Road, Unit 701B

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 1919.0
  • Building Area Units: Square Feet
  • Building Name Number: B
  • Community Features: Water Access, Waterfront, Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness Center, Gated, Pool, Sidewalks, Tennis Court(s)
  • Direction Faces: Northwest
  • Directions: Take Stickney Point Rd west onto Siesta Key, turn right onto Midnight Pass Rd, drive approx 1.5 miles North. Turn left into Gulf & Bay Club (west side of road). After security gate, turn left. Bldg B 1st bldg on right.
  • Elementary School: Phillippi Shores Elementary
  • Middle Or Junior School: Brookside Middle
  • High School: Sarasota High
  • Floor Number: 7
  • Millage Rate: 12.43%
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Road Frontage Type: Street Paved
  • Senior Community: No
  • Subdivision Num: 7476
  • SW Subdiv Community Name: Gulf & Bay Club
  • SW Subdiv Condo Num: 7476
  • Unit Number: No
  • Street Number: 5780
  • Street Name: MIDNIGHT PASS
  • Street Suffix: ROAD
  • Unit Number: 701B
  • State: FL
  • City: SARASOTA
Parking
  • Carport: Yes
  • Garage: No
  • Parking Features: Assigned, Covered, Guest
Taxes and HOA Information
  • Association Approval Required: Yes
  • Association Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Association Fee Requirement: None
  • Association: Yes
  • CDD: No
  • Condo Land Included: No
  • Montly Maint Amt Addition To HOA: $0
  • Tax Book Number: 13-27
  • Tax Legal Description: UNIT 701 BLDG B GULF & BAY CLUB
  • Tax Lot: 0
  • Tax Year: 2018
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Additional Water Information: Gulf & Bay Club complex is directly on the beach.
  • Lot Features: In County, Sidewalk
  • Parcel Number: 0105043060
  • Water Access: Beach, Gulf/Ocean, Lagoon
  • Water Access: Yes
  • Water Body Name: GULF OF MEXICO
  • Water Extras: No
  • Zoning: RMF3
  • Zoning Compatible: Yes
  • Living Area: 1919
  • Property Info: Corner Unit
Property and Assessments
  • Year Built Numeric: 1979
  • Association Amenities: Cable TV, Fitness Center, Gated, Maintenance, Sauna, Security, Shuffleboard Court, Tennis Court(s)
  • Building Elevator: Yes
  • Flood Zone Code: AE
  • Flood Zone Date: 11-04-2016
  • Flood Zone Panel: 12115C0143F
  • Home Warranty: No
  • Homestead: Yes
  • New Construction: No
  • Property Attached: Yes
  • Property Condition: Completed
  • Public Survey Range: 18
  • Public Survey Section: 18
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Street Lights, Underground Utilities
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Other
  • Exterior Features: Irrigation System, Lighting, Sidewalk, Tennis Court(s)
  • Foundation Details: Slab
  • Levels: One
  • Patio And Porch Features: Enclosed
  • Pool Private: No
  • Pool: Community
  • Pool Private: Yes
  • Roof: Built-Up
  • Security Features: Gated Community, Security Gate, Smoke Detector(s)
  • Vegetation: Mature Landscaping, Trees/Landscaped
  • Waterfront Features: Waterfront, Beach, Gulf/Ocean
  • Waterfront Feet Total: 300
  • Number Of Stories: 7
Interior Features
  • Bedrooms Total: 2
  • Bathrooms Full: 3
  • Additional Rooms: Family Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Water Purifier
  • Cooling: Central Air, Humidity Control
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Heating: Central, Electric
  • Interior Features: Built-in Features, Ceiling Fan(s), Elevator, L Dining, Open Floorplan, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
  • Laundry Features: Inside, Laundry Room
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 10.0
  • Water View: Yes
  • Window Features: Blinds, Drapes, Rods, Window Treatments
  • Bathrooms Half: 0
Rental
Rental Information
  • Minimum Lease Period: 0
  • Pets Allowed: No

Property History for 5780 Midnight Pass Road, Unit 701B

DateEvent & SourcePriceAppreciation
Oct 22, 2019

Sold

MFRMLS #A4422545

$925,000
Sep 25, 2019

Pending

MFRMLS #A4422545

Dec 30, 2018

Listed (Active)

MFRMLS #A4422545

$1,600,000
DateEvent & SourcePrice
10/22/2019

Sold

MFRMLS #A4422545

$925,000
09/25/2019

Pending

MFRMLS #A4422545

12/30/2018

Listed (Active)

MFRMLS #A4422545

$1,600,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 5780 Midnight Pass Road, Unit 701B

This home is within Sarasota.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Phillippi Shores Elementary School
PublicPK to 5

Brookside Middle School
Public6 to 8

Sarasota High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 34242

$575,000 | 1900 Cove II Place, Unit 127, Sarasota, FL 34242
1/50
New

$575,000

2
Bedrooms
860
Square Feet
$1,750,000 | 6937 Midnight Pass Road, Sarasota, FL 34242
1/95
Listed By Corcoran

$1,750,000

4
Bedrooms
2,941
Square Feet
0.41
Acres
$1,795,000 | 6300 Midnight Pass Road, Unit 809, Sarasota, FL 34242
1/38
Listed By Coldwell Banker Realty

$1,795,000

2
Bedrooms
1,271
Square Feet
$625,000 | 5855 Midnight Pass Road, Unit 222, Sarasota, FL 34242
1/43

$625,000

2
Bedrooms
1,180
Square Feet
$467,000 | 1300 North Portofino Drive, Unit 305, Sarasota, FL 34242
1/68

$467,000

1
Bedrooms
780
Square Feet
$6,300,000 | 1355 Roberts Bay Lane, Sarasota, FL 34242
1/100

$6,300,000

5
Bedrooms
4,841
Square Feet
0.54
Acres
$1,340,000 | 445 Reid Street, Sarasota, FL 34242
1/85

$1,340,000

3
Bedrooms
1,750
Square Feet
0.21
Acres
$12,500,000 | 546 Freeling Drive, Sarasota, FL 34242
1/37

$12,500,000

5
Bedrooms
4,353
Square Feet
0.52
Acres
$1,790,000 | 5334 Calle Florida, Sarasota, FL 34242
1/57

$1,790,000

4
Bedrooms
2,838
Square Feet
0.23
Acres

Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX ALLIANCE GROUP, Carol Palmeri; RE/MAX ALLIANCE GROUP, Chuck Palmeri

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.