5962 Midnight Pass Rd, Unit 129

1,268 Sq. Ft.
$651 / Sq. Ft.
1,268
Sq. Ft.
$651
per Sq. Ft.

Description

With $70,000+ in gross revenue on the books for 2025 at a 74% occupancy rate, welcome to Palm Bay Club #129! Investor? End user? Hybrid of the two perhaps? Gulfside Club-Units at Palm Bay Club rarely hit the open market. Only two have sold publicly in the last two years, with most trading off-market if they trade at all. This ‘Corner Club Unit’, #129, is a rare chance to own one of these. The corner unit layout brings in additional natural light, coastal privacy, and a residential feel. The renovation...With $70,000+ in gross revenue on the books for 2025 at a 74% occupancy rate, welcome to Palm Bay Club #129! Investor? End user? Hybrid of the two perhaps? Gulfside Club-Units at Palm Bay Club rarely hit the open market. Only two have sold publicly in the last two years, with most trading off-market if they trade at all. This ‘Corner Club Unit’, #129, is a rare chance to own one of these. The corner unit layout brings in additional natural light, coastal privacy, and a residential feel. The renovation is elevated throughout with custom offset tile in every room, granite counters in the kitchen and both baths, tiled shower walls, feature accents, leather furnishings, and a new stainless refrigerator. The style is clean, modern, and unmistakably coastal. And the location? Steps to the white sand of Siesta Key Beach without crossing Midnight Pass Rd, and positioned perfectly between the beach, the Gulfside pool, and the tennis courts. It’s the easiest kind of Siesta living. With Palm Bay Club’s short-term rental flexibility and full on-site management, 129 works seamlessly as a personal retreat or an effortless income property to add to your portfolio. Offered turnkey furnished for the right offer means rental income never misses a beat unless by your design!
  1. Listed by Brian Loebker • Brokerage DRE #226676 • MICHAEL SAUNDERS & COMPANY
    P: (941)-735-4393 C: (941)-735-4393 brianloebker@michaelsaunders.com
  2. Listed by Adam Cuffaro • Brokerage DRE #2022002 • MICHAEL SAUNDERS & COMPANY
    P: (941)-812-0791 C: (941)-812-0791 adamcuffaro@michaelsaunders.com

Property Details for 5962 Midnight Pass Road, Unit 129

Subdivision Name
PALM BAY CLUB III
Township
37S
Carport Spaces
1
Waterfront
Yes
Water View
Gulf/Ocean - Partial
Furnished
Negotiable
LISTING UPDATED: 03/19/2026 02:33 PM

Property Details for 5962 Midnight Pass Road, Unit 129

StatusSold
MLS #A4672593
Days on Market75
Taxes$8,829 / year
HOA Fees-
Condo/Co-op Fees$5,063 / quarter
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1975
CountySarasota County

Location

Listing Courtesy of MICHAEL SAUNDERS & COMPANY, Brian Loebker; MICHAEL SAUNDERS & COMPANY, Adam Cuffaro

Sold By MICHAEL SAUNDERS & COMPANY, Jonathan Abrams

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Building Information for 5962 Midnight Pass Road, Unit 129

Building/Complex5962 Midnight Pass RdFloor1Stories1Residences-Pet PolicyNot AllowedPet Policy DetailsNoYear Built1975

Payment Calculator

$6,578 per month

30 year fixed, 6.46% Interest

Principal and Interest

$4,154

Property Taxes

$736

HOA Dues

$1,688

The Payment Calculator is for illustrative purposes only.

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Property Information for 5962 Midnight Pass Road, Unit 129

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 1408.0
  • Building Area Units: Square Feet
  • Building Name Number: 5962
  • Community Features: Gulf/Ocean Front, Waterfront, Buyer Approval Required, Fitness Center, Gated Community - No Guard, Golf Carts OK, Pool, Tennis Court(s)
  • Direction Faces: South
  • Directions: From Midnight Pass Road turn West into Palm Bay Club. Building 5962 will be the first on your right as you pass the pool.
  • Floor Number: 1
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Palm Bay Club
  • Unit Number: No
  • Street Number: 5962
  • Street Name: MIDNIGHT PASS
  • Street Suffix: ROAD
  • Unit Number: 129
  • State: FL
  • City: SARASOTA
Parking
  • Carport: Yes
  • Garage: No
Taxes and HOA Information
  • Association Approval Required: Yes
  • Association Fee Includes: Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security
  • Association Fee Requirement: None
  • Association Name: Palm Bay Club Association / France Langman
  • Association Phone: 941-349-1911x369
  • Association: Yes
  • CDD: No
  • Condo Land Included: No
  • Montly Maint Amt Addition To HOA: $0
  • Tax Book Number: 5-3
  • Tax Legal Description: UNIT N-10 PALM BAY CLUB OF SARASOTA SEC 3
  • Tax Lot: 0
  • Tax Year: 2024
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 0105136209
  • Water Access: Gulf/Ocean to Bay
  • Water Access: Yes
  • Water Extras: No
  • Zoning: RMF3
  • Zoning Compatible: Yes
  • Living Area: 1268
  • Property Info: Corner Unit
Property and Assessments
  • Year Built Numeric: 1975
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Pool, Recreation Facilities, Storage, Tennis Court(s)
  • Building Elevator: Yes
  • Flood Zone Code: AE
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 18E
  • Public Survey Section: 18
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco
  • Exterior Features: Sliding Doors
  • Foundation Details: Slab
  • Levels: One
  • Patio And Porch Features: Covered, Screened
  • Pool Private: No
  • Pool: Community
  • Pool Private: Yes
  • Roof: Membrane
  • Waterfront Features: Gulf/Ocean Front, Waterfront, Gulf/Ocean
  • Waterfront Feet Total: 280
  • Number Of Stories: 1
Interior Features
  • Bedrooms Total: 2
  • Bathrooms Full: 2
  • Appliances: Dishwasher, Dryer, Range, Range Hood, Refrigerator, Washer
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Tile
  • Heating: Central
  • Interior Features: Ceiling Fan(s), Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Laundry Features: Inside
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 3.0
  • Water View: Yes
  • Bathrooms Half: 0
Rental
Rental Information
  • Minimum Lease Period: 0
  • Pets Allowed: No

Property History for 5962 Midnight Pass Road, Unit 129

DateEvent & SourcePriceAppreciation
Mar 19, 2026

Sold (Public Record)

Public Record #1932586939

$825,000

+2.7% / yr

Mar 19, 2026

Sold

MFRMLS #A4672593

$825,000
Feb 4, 2026

Pending

MFRMLS #A4672593

Nov 21, 2025

Listed (Active)

MFRMLS #A4672593

$869,000
Apr 2, 2002

Sold (Public Record)

Public Record #95652048

$439,000
DateEvent & SourcePrice
03/19/2026

Sold (Public Record)

Public Record #1932586939

$825,000

+2.7% / yr

03/19/2026

Sold

MFRMLS #A4672593

$825,000
02/04/2026

Pending

MFRMLS #A4672593

11/21/2025

Listed (Active)

MFRMLS #A4672593

$869,000
04/02/2002

Sold (Public Record)

Public Record #95652048

$439,000

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

Public Records for 5962 Midnight Pass Road, Unit 129

Taxable ValueLand-Additions$714,100Total-
Tax Record2025$8,196 ($683 / month)
Home Facts
Baths2Total Finished SqFt1,268 SqFtAbove Grade Finished SqFt1,268 SqFtStories1StyleHotel / MotelYear Built1975Year Renovated2007ZoningRMF3; SKODCountySARASOTAAPN0105-13-6209

Schools near 5962 Midnight Pass Road, Unit 129

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.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. 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 MICHAEL SAUNDERS & COMPANY, Brian Loebker; MICHAEL SAUNDERS & COMPANY, Adam Cuffaro

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.