5740 MIDNIGHT PASS ROAD UNIT 303F, SARASOTA, FL, 34242
Active235 days on marketListed Dec 13, 2025MLS #A4674928
About this home
5740 MIDNIGHT PASS ROAD UNIT 303F
This luxury Siesta Key beachfront unit in the exclusive Gulf and Bay Club offers full panoramic views of the Gulf of Mexico and the #1 beach in the USA, Siesta Key! This beautifully updated 2-bedroom, 2-bathroom unit features hardwood floors, granite countertops, and an abundance of cabinet space. The bathrooms are elegantly updated with tile and granite counters, making this a truly turnkey retreat. Residents enjoy access to an array of amenities, including tennis, pickleball, shuffleboard, basketball, racquetball, and a newly updated fitness center. Relax by one of the three swimming pools, indulge in the indoor spa, or unwind in one of the three dry saunas. Gulf & Bay Club is a premier resort-style complex designed for the ultimate vacation lifestyle. Just steps away, Siesta Village offers coffee, ice cream, and a variety of excellent restaurants. Enjoy breathtaking sunsets and the convenience of living near one of the world’s most beautiful beaches—your own slice of paradise! Please note: Room measurements are approximate, and this unit is not available for winter or spring season rentals.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,337
Sqft
3.28 ac
Lot size
1986
Year built
One
Levels
$5
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$207 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$207/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Sarasota actives
$5 vs $344
Days on market
235 vs 61 typical
Where $5/sqft sits among the 400 Sarasota actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Sarasota
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sarasota. See the full Sarasota guide →
The numbers that matter
The Sarasota market
$475K → $500K
Sarasota median sold, yr/yr
95.2%
Sale-to-list ratio (12 mo)
159 of 400
Sarasota actives have cut their price
Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 99% below the SARASOTA 34242 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 5740 MIDNIGHT PASS ROAD UNIT 303F
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$1,398,000
1001 POINT OF ROCKS ROAD UNIT 312
2 bd · 2 ba · 1,370 sqft · $1,020/sqft · 2 DOM
Sold · Dec ’25$800,000
6300 MIDNIGHT PASS ROAD UNIT 2
2 bd · 2 ba · 1,296 sqft · $617/sqft · 127 DOM
Sold · Aug ’25$550,000
6415 MIDNIGHT PASS RD UNIT 204
2 bd · 2 ba · 1,291 sqft · $426/sqft · 79 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Eric Chery
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5740 MIDNIGHT PASS ROAD UNIT 303F — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5740 MIDNIGHT PASS ROAD UNIT 303F — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Eric's phone and CRM.
Straight answers
5740 MIDNIGHT PASS ROAD UNIT 303F FAQs
What would the monthly payment be for 5740 MIDNIGHT PASS ROAD UNIT 303F?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $207/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
Are pets allowed at 5740 MIDNIGHT PASS ROAD UNIT 303F?+
The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Sarasota?+
At $6,500, this home is listed about 99% below the Sarasota median of $574,945. The market section on this page shows how the area is trending.
The brief
Three things that matter here
01Under the SARASOTA 34242 market on paper
$6,500 is 99% below the SARASOTA 34242 median of $483,000, and at $5/sqft it sits under the Sarasota average of $497.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
235 days on market against a Sarasota median of 61 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of SHOWTIME REALTY · Robert D. Bevington. MLS #A4674928.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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