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5860 Midnight Pass Rd

Sarasota, FL 34242

2 bd 2 ba 1,120 sqft Built 1971 condos
Most recent sale
$747,500
Sep 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 27, 2022 Sold $747,500 MLS #A4545983
Aug 29, 2022 Listed $799,000 MLS #A4545983

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $396,400 $396,400 $5,252
2023 $633,400 $633,400 $7,877
2021 $385,700 $385,700 $5,166
2020 $370,500 $370,500 $5,068
2019 $371,250 $5,087
2018 $337,500 $337,500 $4,598
2017 $335,700 $335,700 $4,650
2016 $345,900 $345,900 $4,873
2015 $334,000 $334,000 $4,837
2014 $348,800 $4,965
2013 $317,100 $4,609
2012 $302,000 $4,361
2011 $302,000 $4,290
2010 $326,000 $4,736
2009 $356,000 $4,978
2008 $417,400 $5,563

Property facts

Year built
1971
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,120 sqft
Lot size
ZIP code
34242
City
Sarasota
Street
Midnight Pass Rd
Coordinates
27.26305, -82.54426

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,485
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5860 Midnight Pass Rd last sell?
5860 Midnight Pass Rd most recently sold on Sep 27, 2022 for $747,500.
What is the current tax assessment for 5860 Midnight Pass Rd?
The most recent total assessment for 5860 Midnight Pass Rd (year 2025) is $396,400 with $5,252 in property tax.
How does 5860 Midnight Pass Rd's assessment compare to its last sale price?
The current assessment is 47.0% below the last sale price of $747,500.
When was 5860 Midnight Pass Rd built?
5860 Midnight Pass Rd was built in 1971.
How does 5860 Midnight Pass Rd compare to others on Midnight Pass Rd?
We track 8 other properties on Midnight Pass Rd. Browse the list under "Other properties on Midnight Pass Rd" to compare beds, baths, and sale history.
What are the property facts for 5860 Midnight Pass Rd?
5860 Midnight Pass Rd is a 2 bed, 2 bath, 1,120 sqft condos.
Is 5860 Midnight Pass Rd a flip candidate?
No — 5860 Midnight Pass Rd does not appear in our flips dataset.
Is 5860 Midnight Pass Rd a tax-appeal candidate?
No — 5860 Midnight Pass Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.1%
Implied 1-yr
-12.3%
2026 Q3
$1.63M
2026 Q4
$1.63M
ZIP 34242 — Median Price History + Forecast

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