$1,200,000
Active Under Contract5920 Midnight Pass Rd #406, Sarasota, FL 34242
2 beds · 2 baths · 1,334 sq ft
Listing courtesy of COLDWELL BANKER REALTY · MLS# A4649118
488 days on market
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this home
What’s special
- Gulf view
- 4th-floor residence
- Direct beach access
- Two heated pools
- Pickleball courts
- Clay tennis courts
- Vacation rental income
- Fully furnished
AI-selected highlights from the listing description below.
Under contract-accepting backup offers. PRICE DROP!! NOW A BEST BUY! TOWER RESIDENCE IN SARASOTA SURF AND RACQUET CLUB is a best buy for HUGE RENTAL INCOME and Siesta favorite for family vacations! 2BR/2BA in a Gulf & Beach Front Community – Resort Style Amenities – Proven Vacation Rental – MOVE IN READY - Enjoy the island lifestyle in one of Siesta Key’s most desirable beach front communities, located directly on Crescent Beach, the powdery white sand shoreline that makes Siesta Key world-famous. This beautifully appointed 4th-floor residence in the sought-after Tower Building offers convenient access to the pool and beach, making it a favorite for owners and vacation guests alike. Expansive windows invite natural light and offer a Gulf view, creating a bright and inviting coastal retreat. Interior highlights include: Luxury vinyl plank (LVT) flooring throughout; Granite kitchen countertops; Split-bedroom floor plan for added privacy; Open living and dining areas designed for relaxed beach living. Residents and guests enjoy private access to Siesta Key’s Crescent Beach along with exceptional on-site amenities: Two heated swimming pools; Beachside & poolside BBQ grills; Fully equipped fitness center; Four pickleball courts; Three tennis courts (including two Har-Tru clay courts - the only resort clay courts on Siesta Key); On-site rentals for cabanas, tents, umbrellas & beach equipment. With a three-night minimum rental policy and professional on-site rental management, this condo offers exceptional opportunity in one of Siesta Key’s most recognized beachfront communities. Ideal as a personal beach retreat, full time residence or a high-demand vacation rental. Offered fully furnished, ready for immediate enjoyment, this residence delivers the Siesta Key lifestyle.
Facts
- Property type
- Condominium
- Year built
- 1971
- Bathrooms
- 2 full
- Living area
- 1,334 sqft
- Lot size
- 8.76 acres
- Waterfront
- Yes · 300 ft
- Water access
- Beach, Beach - Access Deeded, Gulf/Ocean
- Water view
- Yes
- Private pool
- No
- Exposure
- South
- Furnished
- Turnkey
- Flood zone
- AE VE
- CDD
- No
- 55+ community
- No
- Annual taxes
- $10,637/yr
- Monthly fees
- $900/mo
- Listed
- Apr 11, 2025
- MLS #
- A4649118
Price & status history
- Listed for $1,450,000
- Price reduced to $1,200,000from $1,240,000
Estimate the monthly payment
Estimate by Lasbury Tracy Realty — not a loan offerStarting figures for 5920 MIDNIGHT PASS RD #406. Everything below is editable.
AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.
From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ — Florida reassesses on sale and homestead caps reset.
Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.
Starts at $0Deliberately zero until you enter a figure — we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.
From this listingMonthly association fee as reported to the MLS. Confirm what it includes, and ask about special assessments.
AssumptionNot applied — your down payment is 20% or more.
Estimated total monthly payment
$8,854
$6,068 of that is principal & interest. 31% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.
- Principal & interest
- $6,068
- Property taxes
- $886
- Homeowners insurance
- $1,000
- Flood insurance
- $0
- HOA / condo fees
- $900
- Mortgage insurance (PMI)
- $0
- Total per month
- $8,854
Over the life of the loan
- Loan amount
- $960,000
- Down payment
- $240,000
- Total interest
- $1,224,427
- Principal + interest paid
- $2,184,427
- Paid off in
- 2056
Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.
Calculated on this page from the figures above — nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.
Take a tour
Pick a day that suits you — a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.
5920 Midnight Pass Rd #406, Sarasota, FL 34242
Listing courtesy of COLDWELL BANKER REALTY · MLS# A4649118 · Active Under Contract
Where this home is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
More homes in Sarasota
Want an email when homes like this list?
New Sarasota listings with at least 2 bedrooms up to $1,500,000. Free, and you can stop any time.
