David Ramirez
$1,149,000$1,199,0002 bd2 ba1,265 sqft$908 /sqft$7,547 /mo all-in ↓

6480 MIDNIGHT PASS ROAD UNIT 503, SARASOTA, FL, 34242

Active82 days on marketListed May 13, 2026MLS #N6144252

Reduced $50KWaterfrontCondominiumSIESTA BREAKERS

About this home

6480 MIDNIGHT PASS ROAD UNIT 503

Turnkey-furnished and move-in ready, experience the ultimate coastal lifestyle in this beautifully maintained beachfront condo located on the beautiful, world-famous Siesta Key. Enjoy the soft, white sand of Crescent beach, with a Beach Attendant managing a 200 ft section of private beach. Whether you’re searching for a full-time residence, seasonal getaway, or income-producing investment property, this luxury condo offers the perfect blend of comfort, convenience, and breathtaking Gulf views. Enjoy relaxing mornings and stunning sunsets from your private screened balcony overlooking the sparkling heated pool, tropical courtyard, and turquoise waters of the Gulf of Mexico. Inside, the condo features an open and airy floor plan filled with natural light, tile flooring throughout the main living areas, and tasteful coastal finishes. The kitchen offers ample cabinetry, stainless steel appliances, recessed lighting, tray ceiling detail, and space for entertaining guests with a breakfast bar & dining area. The spacious primary suite provides a peaceful retreat with pool view, plantation shutters and sliding doors that open to the balcony. The ensuite has been updated with dual granite vanities, large walk-in shower and abundant storage. Open the sliders to the balcony for a seamless indoor-outdoor living experience. Residents and guests enjoy resort-style amenities including a beachfront heated pool, direct private beach access with free beach lounge chairs, option to rent an umbrella or cabana, beautifully maintained grounds, covered parking, grills and lighted tennis / pickleball courts. This condo also offers excellent rental potential, making it a fantastic opportunity for investors seeking vacation rental income in one of Florida’s most desirable beach destinations. Ideally located, walk to restaurants, bars, grocery, boat/bike/kayak/jet ski rentals, gift shops and more! Wake up to the beautiful beach & ocean views, where every day feels like a vacation!

Facts & features

The home at a glance

2

Bedrooms

2

Bathrooms

1,265

Sqft

5.67 ac

Lot size

1979

Year built

One

Levels

$908

Per sqft

WaterfrontTurnkey

Inside

FlooringCarpet · Tile
AppliancesDishwasher · Dryer · Electric Water Heater · Microwave · Range · Refrigerator · Washer
InteriorLiving Room/Dining Room Combo · Open Floorplan · Solid Surface Counters · Solid Wood Cabinets · Stone Counters · Tray Ceiling(s) · Walk-In Closet(s)
LaundryLaundry Closet
CoolingCentral Air
HeatingCentral
FurnishedTurnkey

Outside & construction

RoofConcrete · Tile
ConstructionBlock · Stucco
FoundationPillar/Post/Pier
FacesWest
ExteriorBalcony · Sliding Doors · Tennis Court(s)

Community & fees

Taxes (2025)$9,073/yr
PetsNo
CommunityGulf/Ocean Front · Buyer Approval Required · Clubhouse · Community Mailbox · Deed Restrictions · Gated Community - No Guard · Pool · Tennis Court(s)

Utilities & systems

UtilitiesCable Connected · Electricity Connected · Water Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$7,547 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$6,200
PMI (est., until 20% equity)$431
Property tax — 2025 actual bill$756
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $114,900Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $114,900
Interest rate6.00%
Loan term

Estimated payment

$7,547/mo

Principal & interest$6,200
PMI (est., until 20% equity)$431
Property taxes (actual bill)$756
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $1.1M
$905KedgeAI estimate $1,000,539 · range $943K$1.1M$1.2M

vs edgeAI estimate

+14.8%

$/sqft vs Sarasota actives

$908 vs $343

Days on market

82 vs 61 typical

Where $908/sqft sits among the 400 Sarasota actives

221
60
37
33 · this home
19
30
$158–377$377–597$597–816$816–1035$1035–1254$1254+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Siesta Breakers

Map of 6480 MIDNIGHT PASS ROAD UNIT 503 inside its neighborhood boundary

Drive times from this address

Downtown Tampa68 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Sarasota. See the full Sarasota guide →

Siesta Breakers — neighborhood snapshot

Population

34

Median age

68

Median income

$106,038

Median home value

$990,500

Avg household

2

Households w/ children

4%

For the school run

Sarasota County School District

ElementaryPhillippi Shores Elementary School★★★★★
MiddleBrookside Middle School★★★★★
HighSarasota High School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Sarasota market

Seller’s marketLeans seller4.6 months of inventoryBuyer’s market

$475K$495K

Sarasota median sold, yr/yr

95.2%

Sale-to-list ratio (12 mo)

152 of 400

Sarasota actives have cut their price

Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 141% above the SARASOTA 34242 median. See the full Sarasota market guide →

Paper trail

This home's history

CurrentPrice reduced to $1,149,000 $50K
May 13, 2026Listed at $1,199,000 · 82 days on market since
1979Built · SIESTA BREAKERS

Reality check

What actually sold near 6480 MIDNIGHT PASS ROAD UNIT 503

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

6480 MIDNIGHT PASS ROAD UNIT 211Sold · Feb ’26

$1,200,000

6480 MIDNIGHT PASS ROAD UNIT 211 · same community

2 bd · 2 ba · 1,265 sqft · $949/sqft · 189 DOM

6480 MIDNIGHT PASS ROAD UNIT 315Sold · Aug ’25

$1,100,000

6480 MIDNIGHT PASS ROAD UNIT 315 · same community

2 bd · 2 ba · 1,265 sqft · $870/sqft · 101 DOM

6480 MIDNIGHT PASS ROAD UNIT 403Sold · May ’26

$1,000,000

6480 MIDNIGHT PASS ROAD UNIT 403 · same community

2 bd · 2 ba · 1,265 sqft · $791/sqft · 183 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 6480 MIDNIGHT PASS ROAD UNIT 503 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 6480 MIDNIGHT PASS ROAD UNIT 503 — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

Goes straight to David’s phone and CRM.

Straight answers

6480 MIDNIGHT PASS ROAD UNIT 503 FAQs

What would the monthly payment be for 6480 MIDNIGHT PASS ROAD UNIT 503?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $7,547/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 6480 MIDNIGHT PASS ROAD UNIT 503?+

The most recent tax bill on record (2025) was $9,073. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 6480 MIDNIGHT PASS ROAD UNIT 503?+

The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Sarasota?+

At $1,149,000, this home is listed about 102% above the Sarasota median of $569,450. The market section on this page shows how the area is trending.

Which schools are assigned to 6480 MIDNIGHT PASS ROAD UNIT 503?+

Phillippi Shores Elementary School (elementary), Brookside Middle School (middle), Sarasota High School (high) — Sarasota County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Positioned at the premium end

$1,149,000 runs 141% above the SARASOTA 34242 median.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Strong assigned schools

Phillippi Shores Elementary School, Brookside Middle School, Sarasota High School — Phillippi Shores Elementary School rates 5 of 5. Always verify assignments with the district.

04The price has already moved

Listed at $1,199,000, now $1,149,000 — a $50K cut. The full history is in the market section below.

Listing courtesy of EXIT KING REALTY · Heather Lakeman. MLS #N6144252.

IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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