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For Sale

5830 MIDNIGHT PASS RD #502

$1,500,000 · 2 bd · 2 ba · 1,285 sqft · Built 1976

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$1,500,000

5830 MIDNIGHT PASS RD #502 · SARASOTA, FL · 34242

  • 2 bd
  • 2 ba
  • 1,285 sqft
  • Built 1976
  • For Sale
  • Est. $9,264/mo
Condominium
Built 1976
0 sq ft lot
$1167/sqft
$7,915.12/yr taxes

About this home

BRAND NEW A/C The Beach, Elevated this updated 5th floor high above the Gulf a Golden opportunity to own directly on Siesta Key Beach. Rarely available perfectly situated direct beach front with a weekly rental program managed on site 52 weeks a year. Endless BEACH VIEWs in the wrap around deck specific to this unit on the 5th floor you will be well protected from high tides. NEW HURRICANE WINDOWS and/or shutters 2023 new railings on the balconies and fresh interior and exterior paint assessments have been paid. This unit comes turnkey furnished a top performer when rented Unit 502 rental income can be verified final net 2024 $70,335. You will love the large wine refrigerator great for chilling soft drinks and water too enjoy on your open balcony hovering over the beach cannot get closer that this and still able to sleep at night. You will appreciate the extra owners storage unit on the first level of the building convenient for your personal beach chairs and umbrellas. Jamaica Royale features 3 swimming pools and beach side chairs for relaxing on Crescent Beach. Central island location for easy access to south and north villages on Siesta key shopping dining and live entertainment. Access the trolley for free rides to either end of Siesta Key. This unit is rented through July 2025. This property has the "MILESTONE" inspection for Jaimaica Royale.

Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,285 sq ft
Stories
7
Heating
Central
Cooling
Central Air
Flooring
Tile, Wood
Appliances
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
Interior features
Ceiling Fans(s), Open Floorplan, Stone Counters, Thermostat, Window Treatments

Exterior & lot

Lot size
0 sq ft
Parking
Assigned, Ground Level, Guest, Under Building
Exterior features
Balcony, Hurricane Shutters, Sliding Doors
Architectural style
Florida

Construction

Year built
1976
Construction
Block, Stucco
Roof
Membrane
Property type
Condominium

HOA & financial

Annual taxes
$7,915.12
Days on market
22 days
Subdivision
JAMAICA ROYALE TOWER II
County
Sarasota
MLS #
MFRA4636684

What it’ll cost

Estimated monthly payment

Monthly
  • Principal & interest
  • Property tax (est.)
  • Home insurance (est.)

Estimate only — taxes, insurance, and HOA vary. Confirm exact figures with a lender.

Neighborhood

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Schools

Elementary

Phillippi Shores Elementary

Middle

Brookside Middle

High

Sarasota High

Assigned schools per the MLS record — verify enrollment boundaries with the district.

SARASOTA market snapshot

$519,000

Median list price

247

Homes for sale

96

Avg days on market

Similar homes nearby

Listing courtesy of ROSEBAY INTERNATIONAL REALTY, INC

Listing data provided in part by Stellar MLS and deemed reliable but not guaranteed. MLS #MFRA4636684.