5955 MIDNIGHT PASS ROAD, #18E, Siesta Key, FL, 34242 | $599,000

Positioned on Siesta Key, Florida, in the waterfront community of Sea Club II, this beautifully updated, turnkey-furnished condo unit offers a rare opportunity to own a slice of paradise with a built-in, stabilized investment opportunity. As an operating rental unit with future bookings already in place and third-party property management for seamless oversight, this unit is ideal for those seeking both a lucrative income stream and a personal island retreat. From the moment you step inside, the living space lights up in natural light, highlighting the coastal-inspired décor. Comfortable furnishings create a welcoming atmosphere, while the well-appointed kitchen is perfectly equipped for both everyday living and entertaining. The updated kitchen boasts sleek stainless steel appliances, granite countertops, and solid cabinetry, making meal preparation convenient for beach or boat days. Both bedrooms host ample space brightened by the natural light and feature large beds with ample closet space. The coastal bathroom design features upgrades and space for toiletries, perfect for guests to feel at home. As part of the highly desirable Sea Club II community, owners and guests enjoy a host of resort-style amenities, including private deeded beach access to Siesta Key’s world-renowned quartz sand, a heated swimming pool overlooking the bay, a private fishing pier, boat docks, a tiki hut, and a barbecue area surrounded by lush tropical landscaping and an open lawn for sun-bathing or family/friends get togethers. This exceptional location offers unparalleled convenience, placing you just minutes from Siesta Key Village, where you can enjoy vibrant nightlife, boutique shopping, and renowned dining options. Additionally, downtown Sarasota’s cultural attractions, marinas, and golf courses are only a short drive away. Whether you seek a performing investment property, a luxurious vacation retreat, or a combination of both, this remarkable Siesta Key condo presents an outstanding opportunity. Experience the best of coastal living—schedule your private showing today. Showings by appointment only.

Features

  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Gated, Maintenance, Pool
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full
  • Laundry: Other
  • Complex: CONTNTLS SEA CLUB 2 P1
  • Year Built: 1978
  • Approx Sq. Feet: 754
  • Acreage: 1.89
  • Est. Taxes: $5,686
  • Condo Fee: $1,171 Monthly
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pet Policy: No
  • Appliances: Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Refrigerator
  • MLS#: A4641668
  • Days on Market: 23 days
  • Website: https://www.raveis.com
    /prop/A4641668/5955midnightpassroad_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 5/12/2025 1:32:41 AM)
Listing courtesy of Coldwell Banker Realty   Phone: 941-366-8070

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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5955 MIDNIGHT PASS ROAD, #18E, Siesta Key, FL, 34242

$599,000

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 $479,200 $479,200 $479,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.058% 7.063% 6.132%
Monthly Tax Payment $474 $474 $474
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,029 $3,148 $4,011
Total Monthly Payment $3,595 $3,714 $4,577

* 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.