5920 MIDNIGHT PASS ROAD UNIT 406, SARASOTA, FL, 34242
Active481 days on marketListed Apr 16, 2025MLS #A4649118
About this home
5920 MIDNIGHT PASS ROAD UNIT 406
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 & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,334
Sqft
8.76 ac
Lot size
1971
Year built
One
Levels
$930
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$8,202 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
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
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$8,202/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. 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.
vs edgeAI estimate
+27.7%
$/sqft vs Sarasota actives
$930 vs $343
Days on market
481 vs 63 typical
Where $930/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 → $493K
Sarasota median sold, yr/yr
95.2%
Sale-to-list ratio (12 mo)
160 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 176% above the SARASOTA 34242 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 5920 MIDNIGHT PASS ROAD UNIT 406
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$1,300,000
5920 MIDNIGHT PASS ROAD UNIT 704 · same community
2 bd · 2 ba · 1,334 sqft · $975/sqft · 144 DOM
Sold · Feb ’26$1,125,000
5916 MIDNIGHT PASS ROAD UNIT W102 · same community
2 bd · 2 ba · 1,173 sqft · $959/sqft · 6 DOM
Sold · Dec ’25$1,400,000
5924 MIDNIGHT PASS ROAD UNIT 508 · same community
2 bd · 2 ba · 1,173 sqft · $1,194/sqft · 0 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
Jasmine Ince
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5920 MIDNIGHT PASS ROAD UNIT 406 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5920 MIDNIGHT PASS ROAD UNIT 406 — before you fall in love.
See it in person
Schedule a tour
Live availability from Jasmine's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5920 MIDNIGHT PASS ROAD UNIT 406 FAQs
What would the monthly payment be for 5920 MIDNIGHT PASS ROAD UNIT 406?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $8,202/mo — principal and interest, the actual property-tax bill 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.
What are the property taxes on 5920 MIDNIGHT PASS ROAD UNIT 406?+
The most recent tax bill on record (2024) was $10,637. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 5920 MIDNIGHT PASS ROAD UNIT 406?+
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 $1,240,000, this home is listed about 122% above the Sarasota median of $559,000. The market section on this page shows how the area is trending.
The brief
Four things that matter here
01Positioned at the premium end
$1,240,000 runs 176% above the SARASOTA 34242 median.
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
481 days on market against a Sarasota median of 63 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $1,450,000, now $1,240,000 — a $210K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of COLDWELL BANKER REALTY · Greg Hudson. MLS #A4649118.
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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