5855 MIDNIGHT PASS ROAD, #416, Siesta Key, FL, 34242 | $635,000

Major Price Improvement! Step into the exclusive waterfront haven of Harbor Towers Yacht and Racquet Club, a true resort paradise that will capture your heart instantly. The building has recently undergone a comprehensive $13 million, four-year hurricane hardening and structural upgrade, completed in 2024. Designed to meet the latest safety standards for hurricane and wind protection, these enhancements include impact-resistant windows and sliding doors—all fully covered by the Seller. Remarkably, the property has sustained NO damage from Helene or Milton.

This designer condominium exudes the charm of Hemingway Key West-style living, boasting over $100, 000 in upgrades completed in 2024. Every detail reflects quality and elegance: brand-new AC and water heater, stunning engineered red oak wood flooring throughout, granite kitchen countertops with matching full granite backsplash, stainless steel appliances including double ovens, and rich pecan wood cabinets with soft-close doors. Additional refined touches include chair rail accents, plantation shutters, screen-shaded extended living space, and two luxurious Master Suites, both with private ensuites to ensure comfort and privacy for you and your guests. The vistas are equally breathtaking, offering mesmerizing sunrise and moonrise views over the intracoastal waterway.

The property offers an array of premium amenities designed for relaxation and recreation. Enjoy two heated swimming pools, a newly renovated fitness center equipped with his-and-her saunas, three Har-Tru tennis courts, and a spacious outdoor BBQ area connected to a fully equipped clubhouse ideal for entertaining. The private marina provides direct access to the intracoastal waterway and features over 40 boat slips available via waitlist at just $3 a foot, plus dedicated storage for kayaks, paddleboards, and bicycles. A tranquil fishing area with a fish-cleaning station and a picturesque Bayfront gazebo situated on a private island further enhances the resort experience.

Harbor Towers also represents an excellent investment opportunity with flexible two-week rental options. Whether you choose to utilize the onsite property management office or manage rentals independently, this community adapts seamlessly to your needs.

Its prime location allows for easy access to the world-renowned Siesta Key Beach—just a short walk away—or a quick ride on the Siesta Key free trolley to the Village, where exceptional dining, boutique shopping, and live entertainment await.

Offering an ideal blend of luxury and practicality, Harbor Towers is perfect whether you're seeking a permanent residence, a vacation retreat, or an income-generating property. This resort-style community truly delivers the best of coastal living.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 7
  • Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Laundry, Lobby Key Required, Maintenance, Pool, Sauna, Security, Storage, Tennis Court(s), Vehicle Restrictions
  • Rooms: 7
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Common Area
  • Complex: HARBOR TOWERS Y & R
  • Year Built: 1976
  • Approx Sq. Feet: 1,152
  • Acreage: 8.71
  • Est. Taxes: $5,088
  • Condo Fee: $2,203 Quarterly
  • View: Water
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Booker Middle
  • High School: Sarasota High
  • Pet Policy: Yes
  • Appliances: Convection Oven, Electric Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator
  • MLS#: A4657053
  • Days on Market: 206 days
  • Website: https://www.raveis.com
    /prop/A4657053/5855midnightpassroad_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 2/7/2026 3:34:14 AM)
Listing courtesy of KELLER WILLIAMS ON THE WATER S   Phone: 941-803-7522

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NMLS Mortgage Loan Originator ID 16953

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5855 MIDNIGHT PASS ROAD, #416, Siesta Key, FL, 34242

$635,000

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 $508,000 $508,000 $508,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.250% 6.000% 5.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.112% 6.178% 5.541%
Monthly Tax Payment $424 $424 $424
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,805 $3,046 $4,084
Total Monthly Payment $3,321 $3,562 $4,600

* 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.