3 months on rocket

5740 Midnight Pass Rd Unit 407, Sarasota, FL, 34242

$1,119,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,340 SqFt
$835/SqFt
Condo
Schools Nearby

Location

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5740 Midnight Pass Rd Unit 407, Sarasota$1,119,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Guest
Year Built1986
HeatingCentral, Electric, Exhaust Fan
CoolingCentral Air
WaterfrontBeach, Gulf
ViewWater
MLS #A4594426
StatusActive

About 5740 Midnight Pass Rd Unit 407

Welcome to the premier condominium development on Siesta Key! This exquisite listing at 5740 Midnight Pass Road #407F, Sarasota offers a truly unparalleled coastal living experience. As you enter the unit you will be immediately captivated by the breathtaking views of the Gulf of Mexico that greet you. The floor-to-ceiling windows showcase the stunning azure waters, creating a sense of tranquility and serenity that will instantly make you feel at home. With 2 bedrooms and 2 bathrooms, this unit provides ample space for both relaxation and entertainment. The main bedroom features a spacious walk-in closet, ensuring that you have plenty of storage for all your belongings. Wake up to the gentle sound of the waves and enjoy your morning coffee while taking in the stunning views of the Gulf. The community amenities are truly exceptional. Enjoy a game of tennis on the well-maintained courts, or socialize with friends and neighbors in the clubhouse. The guard house with round-the-clock security gives you peace of mind, allowing you to fully embrace the carefree coastal lifestyle. And let's not forget the prime location of this development. With direct access to the sandy beaches of Siesta Key, you can spend your days lounging in the sun, building sandcastles, or taking long walks along the shoreline. The vibrant Siesta Key Village is just a short distance away, offering a wide range of dining, shopping, and entertainment options to suit every taste. Don't miss this incredible opportunity to own a piece of paradise in the most sought-after condominium development on Siesta Key. Schedule a showing today and see for yourself why this unit at 5740 Midnight Pass Road #407F is the epitome of coastal living at its finest.

Property Details

Property Features

Property Information:

  • Year Built: 1986
  • Stories: 1
  • Living Area: 1,340 SqFt

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 951-6660
  • Listing Agent: Robert Krasow

Interior Features

Interior Information:

  • Appliances: Oven, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach, Gulf
  • View: Water
  • Exterior: Outdoor Grill, Outdoor Kitchen, Private Mailbox, Sidewalk, Tennis Court(s)

Parking Information:

  • Parking: Assigned, Guest

Utilities

Utilities Information:

  • Heating: Central, Electric, Exhaust Fan
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Sarasota High School, Public District Grades 9-12
  • Brookside Middle School, Public District Grades 6-8
  • Phillippi Shores Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Start at Stickney Pt. Bridge. Take Midnight Pass Road heading north. Look for the gate house of Gulf & Bay Club just before the intersection of Beach Rd. and Midnight Pass Road. It will be on the beach side of the road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,119,000
  • Price Per SqFt: $835/SqFt
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

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Sarasota, FL

City

Med. Sold Price

$519K

Med. Price/SqFt

$306

Avg. Days On Market

56

# of Sold Homes

593

5740 Midnight Pass Rd Unit 407 vs Sarasota

98 DAYS ON ROCKET

+42 Days

$1,119,000

+$599.9K More

$835/SqFt

+$528 More

KEY TAKEAWAY

This property is $599.9K more than the Median Sold Price and $528/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4594426

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 951-6660
  • Listing Agent: Robert Krasow

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/8/2024, 11:49:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,652

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,421

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-9114149
8
/10

  • Phillippi Shores Elementary School

  • 4747 S Tamiami Trl

  • 1.96 miles

  • Public District Grades PK-5

Middle School

school-card-donut-9114150
5
/10

  • Brookside Middle School

  • 3636 S Shade Ave

  • 2.94 miles

  • Public District Grades 6-8

High School

school-card-donut-9114151
4
/10

  • Sarasota High School

  • 1000 S School Ave

  • 4.38 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,734. The majority of Sarasota, FL residents have income between $35k-100k annually. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5740 Midnight Pass Rd Unit 407

What is the listing price of this property?

The listing price of 5740 Midnight Pass Rd Unit 407 property is $1,119,000.

What type of property is this?

The property 5740 Midnight Pass Rd Unit 407 is a condo located in Sarasota, Florida, 34242.

Is this property for sale now?

Active Listing: 5740 Midnight Pass Rd Unit 407 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5740 Midnight Pass Rd Unit 407 are:
Phillippi Shores Elementary School: GreatSchools Rating 8/10
Brookside Middle School: GreatSchools Rating 5/10
Sarasota High School: GreatSchools Rating 4/10

How many bedrooms and bathrooms does this property have?

The property at 5740 Midnight Pass Rd Unit 407 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5740 Midnight Pass Rd Unit 407 is 1,340 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5740 Midnight Pass Rd Unit 407 is 1986.

Rocket Homes›Florida›Sarasota County›Sarasota›34242›5740 Midnight Pass Rd Unit 407

This home is located at 5740 Midnight Pass Rd Unit 407 in Sarasota, FL and zip code 34242 in the Siesta Key neighborhood. This 1,340 square foot home was built in 1986. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 31, 2024 and is currently priced at $1,119,000.

Over 41 listings were sold over their listed price in April 2024 in Sarasota, FL. In the same period over 462 listings were sold below the listed price and 90 listings were sold for the listed price. In April 2024 in Sarasota, FL there were 1.8% less homes for sale than in March 2024. The median list price of listings available in April 2024 was $519,031, while the average time on the real estate market was 56 days.

From Rocket Homes Real Estate and based on county public records data.

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