A rare and exceptional offering within Building F at Gulf & Bay Club on Siesta Key, Unit 403 presents a truly one-of-a-kind coastal retreat. Completely taken down to the studs and reimagined in 2023, this residence showcases a meticulous, high-end renovation where no detail was overlooked. From the moment you enter, you’re welcomed by a light-filled, open-concept design with sweeping direct Gulf views that immediately set the tone. The chef’s kitchen is the centerpiece of the home, anchored by a stunning 12-foot oversized island with seating for six. Featuring eco-friendly PaperStone countertops and backsplash, a full suite of premium Thermador appliances, and seamless custom finishes, the space is as functional as it is striking—all complemented by breathtaking water views as you cook and entertain. Offered turnkey furnished, the interiors are thoughtfully curated with pieces from Arhaus, Restoration Hardware, and other luxury brands, creating a cohesive and sophisticated aesthetic. The open layout flows effortlessly from kitchen to dining to living, enhanced by custom built-ins that provide both style and smart storage, including a paneled wine refrigerator. Wake up to the Gulf from your private primary suite, a serene retreat designed for both comfort and elegance. This space features a dedicated vanity area, custom walk-in closet, and a beautifully appointed en-suite bath, offering a spa-like experience within your own home. Additional highlights include engineered hardwood flooring throughout, hurricane-impact windows and sliders, solid-core doors, and extensive custom storage solutions—all contributing to the home’s elevated design and livability. This two-bedroom, two-bath residence is set within the highly sought-after Gulf & Bay Club, where residents enjoy an unmatched, resort-style lifestyle across 32 acres of lush, manicured grounds. Indulge in 800 feet of private, powdery white sand beach, three heated pools, tennis and pickleball courts, a state-of-the-art fitness center with yoga studio and saunas, and multiple clubhouses featuring lounges, billiards, and social spaces. Additional amenities include barbecue and picnic areas, freshwater lakes, and EV charging stations. Ideally located just moments from the dining, shopping, and vibrant energy of Siesta Key Village—including the iconic Sunday Drum Circle—this residence offers the perfect blend of privacy, luxury, and convenience. Unit 403 is more than a home—it’s a rare opportunity to experience the very best of Gulf-front living on Siesta Key.
For sale
$1,950,000
5740 Midnight Pass Rd #403, Sarasota, FL 34242
2beds
1,449sqft
Est.:
Condominium
Built in 1986
-- sqft lot
$1,863,000 Zestimate®
$1,346/sqft
$1,647/mo HOA
What's special
Extensive custom storage solutionsThree heated poolsSeamless custom finishesSweeping direct gulf viewsBarbecue and picnic areasTennis and pickleball courtsLight-filled open-concept design
- 8 days |
- 363 |
- 10 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listing Provided by:
Drew Jacobsen 941-253-6309,
COMPASS FLORIDA LLC 941-279-3630
Source: Stellar MLS,MLS#: A4686166
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: En Suite Bathroom, Makeup/Vanity Space, Walk-In Closet(s)
- Level: First
Bedroom 2
- Features: Built-in Closet
- Level: First
Primary bathroom
- Features: Shower No Tub, Linen Closet
- Level: First
Bathroom 2
- Features: Shower No Tub, No Closet
- Level: First
Kitchen
- Features: Kitchen Island, Exhaust Fan, Pantry, Walk-In Closet(s)
- Level: First
Laundry
- Features: Storage Closet
- Level: First
Living room
- Level: First
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Wine Refrigerator
- Laundry: Laundry Room
Features
- Ceiling Fan(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Smart Home, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Walk-In Closet(s)
- Flooring: Engineered Hardwood, Tile
- Windows: Shades, Storm Window(s), Window Treatments
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 1,449
- Total interior livable area: 1,449 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Circular Driveway, Covered, Electric Vehicle Charging Station(s), Ground Level, Guest, Open
- Carport spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Lighting, Private Entrance, Sidewalk, Tennis Court(s)
- Pool features: Heated, In Ground, Lighting
- Has spa: Yes
- Spa features: In Ground
- Has view: Yes
- View description: Water, Beach, Gulf/Ocean - Full
- Has water view: Yes
- Water view: Water,Beach,Gulf/Ocean - Full
- Waterfront features: Beach, Gulf/Ocean, Beach Access, Beach - Access Deeded, Gulf/Ocean Access
- Body of water: GULF OF MEXICO
Lot
- Size: 3.29 Acres
- Features: FloodZone, In County, Sidewalk
- Residential vegetation: Mature Landscaping, Trees/Landscaped
Details
- Parcel number: 0105046127
- Zoning: RMF3
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Concrete
- Foundation: Raised
- Roof: Built-Up
Condition
- Completed
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, Gated Community - Guard, Pool, Racquetball, Sidewalks, Tennis Court(s), Wheelchair Access
- Security: Fire Alarm, Gated Community, Security Gate, Security System
- Pet fee: $0 monthly
- Subdivision: GULF & BAY CLUB PH 6
HOA
- Has HOA: Yes
- Amenities included: Basketball Court, Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pickleball Court(s), Pool
- Services included: 24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Reserve Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
- HOA fee: $1,647 monthly
- HOA name: Ryan Bauman
- HOA phone: 941-349-3000
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $1,346/sqft
- Tax assessed value: $1,028,500
- Annual tax amount: $12,418
- Date on market: 4/17/2026
- Cumulative days on market: 9 days
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
Estimated market value
$1,863,000
$1.77M - $1.96M
$6,170/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Listed for sale | $1,950,000+39.3%$1,346/sqft |
Source:  Stellar MLS #A4686166 Report a problem | ||
| 5/13/2022 | Sold | $1,399,999-3.4%$966/sqft |
Source: Public Record Report a problem | ||
| 4/20/2022 | Pending sale | $1,450,000$1,001/sqft |
Source: Stellar MLS #T3360889 Report a problem | ||
| 3/27/2022 | Price change | $1,450,000-3.3%$1,001/sqft |
Source: Stellar MLS #T3360889 Report a problem | ||
| 3/15/2022 | Listed for sale | $1,500,000+71.6%$1,035/sqft |
Source: Stellar MLS #T3360889 Report a problem | ||
| 1/27/2021 | Sold | $874,000$603/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,418 -12.2% | $1,028,500 -13% |
| 2024 | $14,150 +6.8% | $1,182,800 +7.3% |
| 2023 | $13,254 +17.7% | $1,102,300 +19.3% |
| 2022 | $11,257 +20.1% | $924,300 +25.6% |
| 2021 | $9,375 +1.7% | $736,200 +3.9% |
| 2020 | $9,221 -12.5% | $708,500 -13.6% |
| 2019 | $10,537 | $819,700 -0.1% |
| 2018 | $10,537 -0.1% | $820,700 +99.1% |
| 2017 | $10,553 +102.9% | $412,231 -49.8% |
| 2016 | $5,202 | $820,400 +6.5% |
| 2015 | $5,202 +0.4% | $770,300 +96.6% |
| 2014 | $5,183 +0% | $391,885 |
| 2013 | $5,182 +2.8% | $391,885 +1.7% |
| 2012 | $5,041 +4.8% | $385,334 +3% |
| 2011 | $4,810 -1.2% | $374,111 +1.5% |
| 2010 | $4,871 +10.5% | $368,582 +2.7% |
| 2009 | $4,407 | $358,892 +0.1% |
| 2008 | $4,407 -0.7% | $358,533 +3% |
| 2007 | $4,439 | $348,090 +2.5% |
| 2006 | -- | $339,600 +3% |
| 2005 | -- | $329,709 +3% |
| 2004 | $4,669 -1.1% | $320,106 +1.9% |
| 2003 | $4,723 +2.8% | $314,137 +2.4% |
| 2002 | $4,593 +7.8% | $306,774 +1.6% |
| 2001 | $4,262 +3% | $301,943 +3% |
| 2000 | $4,138 | $293,149 |
Find assessor info on the county website
Monthly payment
Est. payment
$13,359/mo
Principal & interest
$9648
Property taxes
$2064
HOA Fees
$1647
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Climate risks
Neighborhood: 34242
Nearby schools
GreatSchools rating
- 9/10Phillippi Shores Elementary SchoolGrades: PK-5Distance: 2 mi
- 6/10Brookside Middle SchoolGrades: 6-8Distance: 2.9 mi
- 5/10Sarasota High SchoolGrades: 9-12Distance: 4.4 mi
Schools provided by the listing agent
- Elementary: Phillippi Shores Elementary
- Middle: Brookside Middle
- High: Sarasota High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Sarasota County
- Siesta Key
- 34242
- 5740 Midnight Pass Rd Unit 403
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