by Global Lifestyle Properties

See Home Value
Sarasota 34242 Princes Gate
6937 MIDNIGHT PASS ROAD
$1,675,000
● House - Off Market

6937 MIDNIGHT PASS ROAD

SARASOTA, FL 34242
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2,941 Ft²
$9,323
Est. Monthly

About This Property

RARE SIESTA KEY WATERFRONT OPPORTUNITY - BUILD YOUR DREAM HOME ON A PRIVATE STREET AND A SHORT WALK TO THE BEACH. This exceptional property is a .41-acre waterfront lot with rare deep water frontage with quick access to the Intercoastal Waterway and no bridges. Offering approximately 240 feet of sailboat-capable concrete seawall, potentially two private boat docks and direct access to the Intracoastal Waterway, this is a remarkable opportunity for the boating enthusiast looking to create a custom luxury residence on Siesta Key. Custom luxury home rendering and plans are available, providing a vision for what can be created on this unique homesite. The plans can be imagined to the buyer's preferences with an in-house architect and designer, offering the opportunity to tailor the residence, finishes, layout, and waterfront lifestyle to suit your individual vision. The location is equally impressive. Leave the boat at your backyard dock and walk, golf cart or take the Trolley to Siesta Key Beach or one of the many outstanding hotspots. Enjoy the rare combination of boating from your backyard and walking to the beach, while remaining close to Siesta Key's restaurants, shopping, entertainment, and island lifestyle. Stickney Point Road is approximately a half-mile away, providing convenient access to the mainland. The property currently features a nearly 3,000-square-foot, 4-bedroom, 3-bath pool home, allowing a buyer the flexibility to renovate, enjoy the existing residence, or start fresh with a new luxury waterfront home. The existing home features spacious indoor-outdoor living areas, an expansive kitchen, family room with fireplace, screened paver lanai, pool, tropical waterfront views, and a new roof completed in April 2024. Properties offering this combination of an oversized .41-acre lot, roughly 240 feet of seawall, sailboat-capable water, direct Intracoastal access, and walkability to Siesta Key Beach are increasingly difficult to find. The opportunity here is the land, the water, and the lifestyle-bring your boat and your vision and create an extraordinary Siesta Key waterfront estate. Visit the website for more information or to book your private showing.
Unit Size
2,941 Ft²
Days on Market
39 days
Land Size
0.41 acres
Price per sqft
$595
Property Type
House
Property Taxes
$730
HOA Dues
-
Year Built
1974

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Last updated: 17 days ago (Stellar MLS #A4703773)

Price History

Date / Event Date Event Price
Sep 30, 2026 Sold
Sold
Sep 2, 2026 In contract -
In contract
Aug 22, 2026 Listed by CORCORAN DWELLINGS REALTY $1,750,000
Listed by CORCORAN DWELLINGS REALTY

Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 6
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 625
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 27

    Dimensions

  • Lot Size Square Feet: 17,723
  • Total Building Area: 3,566
  • Gross Building Area: 3,566
  • Building Area: 2,941
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,941
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PRINCES GATE
  • Land Acres: 0000000407
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 18 PRINCES GATE

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: L018 W190 A055
  • Census Tract: 001909

Zoning

  • Zoning: RSF1

Geography

  • Assessors Map Reference: 29-20
  • Account Number: 0110040001
  • Subdivision Tract Number: 1430
  • Parcel: 0110-04-0001
  • Lot: 18
  • Meridian: SEC 20 TWN 37S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2469
  • Longitude: -82.5303

    Address

  • Full Address: 6937 Midnight Pass Rd
  • Address - House Number: 6937
  • Address - Street Name: Midnight Pass
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C071
  • 4-Digit Zip Code: 2611
  • Zip Code: 34242

Valuation

    Tax

  • Total Area: 4,208
  • Tax Year: 2023
  • Tax Amount: $818,927
  • Tax Rate Code Area: 1892

    Appraisal Valuation

  • Standard Deviation: 0.0817
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 93
  • Final Value: 2,179,234
  • High Value: 2,357,366
  • Low Value: 2,001,103

    Market Valuation

  • Market Total Value: $1,798,200
  • Market Land Value: $1,341,300
  • Market Improvement Value: $456,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $680,729

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Princes Gate


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Nearby Rentals

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5159 Oakmont Place, SARASOTA, FL, 34242 Listing by Scott Nold
Unit for rent at 2544 Carlisle Place, FL, 34231

$6,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,690 ft²
2544 Carlisle Place, FL, 34231 Listing by Teresa Ribaudo
Unit for rent at 5824 Wildwood Avenue, FL, 34231

$5,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,042 ft²
5824 Wildwood Avenue, FL, 34231 Listing by Andy Moore


Frequently Asked Questions

When was property at 6937 Midnight Pass Road built and last sold?
The property at 6937 Midnight Pass Road was built in 1974 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 6937 Midnight Pass Road is $1,767,500.
What are some comparable homes to 6937 Midnight Pass Road?
There are currently no comparable homes to 6937 Midnight Pass Road.