$5,047

closing credit¹

8897 Midnight Pass Rd Unit 503 Sarasota, FL 34242

$425,000
1 bed
1 full
846 sqft
$502 / sqft
Condo

Property details

About 8897 Midnight Pass Rd Unit 503

Charming Penthouse with Bay and Gulf Views at Sunrise Cove Yacht & Racquet Club! Escape to the tranquil shores of Siesta Key with this charming penthouse. Offering an exceptional view of the bay and a glimpse of the Gulf of Mexico, this cozy retreat provides the perfect blend of comfort and convenience for those seeking a winter getaway or a savvy investment opportunity. Enjoy stunning vistas of the bay and catch a peek of the Gulf of Mexico, creating a serene backdrop for your daily relaxation. Furnished with a warm and inviting decor, this penthouse comes fully equipped with everything you need for a comfortable stay, ensuring a hassle-free transition into your new home. Take advantage of the wonderful amenities offered at Sunrise Cove, including two pools, tennis courts, pickleball courts, exercise room, billiards, game room, picnic area, kayak racks, grills, bike storage, boat docks, and an on-site rental management office. With one month rentals allowed, this condo provides an excellent opportunity for seasonal rentals, allowing you to generate income when you're not using the property yourself. The Siesta Key trolley stops across the street making it convenient to travel and dine or shop at Siesta Key Village as well as a short drive to downtown Sarasota's cultural attractions, this penthouse offers easy access to everything the area has to offer. Embrace the laid-back island lifestyle of Siesta Key, where days are spent lounging on the beach, exploring charming boutiques and eateries, and soaking in the natural beauty that surrounds you. Whether you're kayaking through mangrove tunnels or indulging in fresh seafood at a waterfront restaurant, there's no shortage of ways to enjoy the coastal charm. Don't miss your chance to own a piece of paradise in Sunrise Cove. Whether you're seeking a vacation retreat, an income-generating property, or a permanent residence, this penthouse offers a cozy haven with all the comforts of home. Schedule your showing today and start making memories in your own slice of Siesta Key paradise!

Highlights

Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size846 sqft
Lot size0 Acres
Year built1973
ParkingAssigned, Covered, Guest, Open
MLS #N6131972
WaterfrontBay, Gulf, Intracoastal Waterway
ViewWater

Virtual tour

Summary

  • MLS Number: N6131972
  • MLS Name: MFRMLS
  • Office Name: RE/MAX PLATINUM REALTY
  • Office Phone: (941) 929-9090
  • Listing Agent: Cesar Alvarenga

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IDX Copyright 2025 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.
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Last updated on: 2/10/2025, 10:19:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$425,000

8897 Midnight Pass Rd Unit 503

$5,047

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

6

Gulf Gate Elementary School

Public District PK-5

2.8 mi

6500 S Lockwood Ridge Rd

8

Phillippi Shores Elementary School

Public Magnet PK-5

4.5 mi

4747 S Tamiami Trl

5

Wilkinson Elementary School

Public District PK-5

4.8 mi

3400 Wilkinson Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $59,028. Most Sarasota, FL residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

24%
<35k
46%
35k-100k
25%
100k-200k
5%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

43%
Single, No Kids
3%
Single, with Kids
52%
Married, No Kids
2%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

1%
<11 yrs old
2%
12-17 yrs old
3%
18-34 yrs old
31%
35-64 yrs old
63%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Men's TennisMen's Tennis
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Stein MartStein Mart
  • BloomingdalesBloomingdales
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • ChipotleChipotle
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • LincolnLincoln
  • LexusLexus
  • MazdaMazda

What do the neighbors listen to?

  • ClassicalClassical
  • NewsNews
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 8897 Midnight Pass Rd Unit 503

This home is located at 8897 Midnight Pass Rd Unit 503 in Sarasota, FL and zip code 34242 in the Siesta Key neighborhood. This 846 square foot home was built in 1973. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $425,000.

In January 2025 more than 18 listings in Sarasota, FL were sold above the asking price. During the same period more than 55 listings were sold at asking price, while more than 283 were sold below. The number of homes for sale in Sarasota, FL increased by 16.8% between December and January 2025. The median list price of listings available in January 2025 was $510,794, while the average time on the real estate market was 66 days.

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

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