5855 MIDNIGHT PASS ROAD, #512, Siesta Key, FL, 34242 | $510,000

Experience the epitome of coastal living in this beautifully renovated, turn-key furnished 1 bedroom, 1 bath condo, perfectly situated on the 5th floor with breathtaking views of the Intracoastal Waterway. This condo boasts an updated kitchen and bathroom, featuring modern finishes and appliances. Enjoy peace of mind with new hurricane windows and sliding glass doors complete with plantation shutters and remote controlled blinds. The entire condo building has recently undergone a complete interior and 13 million dollar exterior renovation, ensuring a fresh and contemporary feel throughout. Amenities are abundant including a heated, salt water pool with new lounge chairs and let the little ones enjoy the kiddy pool nearby. Challenge friends on one of the three Har-Tru tennis courts. Stay fit and healthy in the well-equipped exercise room, complete with his and her's sauna. Host gatherings in the community room with a full kitchen, pool table, and four gas grills on the covered outdoor patio complete with tables and chairs. Take advantage of the marina with boat docks available on a first come basis for a small additional fee, kayak launch, and storage as well as bicycle storage is also available. With just a short walk to the world-famous Siesta Key beach, and plenty of free transportation options to take you to Siesta Key Village to enjoy all the local restaurants and shops, this condo offers the perfect blend of luxury, convenience, and coastal charm. Don't miss the opportunity to make this your new home! With short term rental and a sofa sleeper to accommodate a total of 4 makes this a great investment opportunity as well.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 7
  • Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Laundry, Lobby Key Required, Maintenance, Optional Additional Fees, Pool, Recreation Facilities, Sauna, Security, Storage, Tennis Court(s)
  • Rooms: 5
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Common Area, Same Floor As Condo Unit
  • Complex: HARBOR TOWERS Y & R
  • Year Built: 1976
  • Common Charge: $1,694 Quarterly
  • Approx Sq. Feet: 751
  • Acreage: 8.71
  • Est. Taxes: $3,880
  • Lot Desc: In County, Landscaped, Level, Near Marina, Near Public Transit, Sidewalk
  • View: Water
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pet Policy: Cats OK, Dogs OK, Number Limit, Size Limit, Yes
  • Appliances: Electric Water Heater, Freezer, Ice Maker, Microwave, Range, Refrigerator
  • MLS#: A4649240
  • Days on Market: 6 days
  • Website: https://www.raveis.com
    /prop/A4649240/5855midnightpassroad_siestakey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 4/29/2025 11:32:11 PM)
Listing courtesy of Coldwell Banker Realty   Phone: 941-349-4411

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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5855 MIDNIGHT PASS ROAD, #512, Siesta Key, FL, 34242

$510,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $408,000 $408,000 $408,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.875% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.944% 7.025% 6.046%
Monthly Tax Payment $323 $323 $323
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,512 $2,680 $3,388
Total Monthly Payment $2,927 $3,095 $3,803

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.