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7233 PINE NEEDLE ROAD
About This Property
Within the 24-hour guard-gated community, property owners have access to a collection of private amenities, including the Club's Gulf beach, marina on the Intracoastal Waterway, Gulfside tennis and pickleball courts, and the iconic Paul Rudolph-designed clubhouse.
With more than 30,000 sq. ft. of land, direct access to the lagoon and a location near the Gulf, the property offers an outstanding setting for designing and building a home tailored to your vision. Enjoy time on the water, days along the Gulf and everything this established Siesta Key community offers to it's members.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
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| Aug 3, 2026 | Listed by COLDWELL BANKER REALTY | $1,175,000 | |
| Listed by COLDWELL BANKER REALTY | |||
| Apr 1, 2026 | Listed by MICHAEL SAUNDERS & COMPANY | $4,300,000 | |
| Listed by MICHAEL SAUNDERS & COMPANY | |||
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Pre-Construction. To be built. A rare and compelling opportunity to create a custom coastal estate within the prestigious Sanderling Club on Siesta Key, one of the island’s most private and sought-after enclaves. Set on an expansive .70-acre homesite, this future residence will feature a thoughtfully designed footprint spanning 4,294 square feet under air and over 6,400 total square feet, offering a refined blend of scale, comfort, and architectural presence.
Positioned to capture desirable southern exposure, the property enjoys a serene natural backdrop, creating a setting rich in privacy, wildlife, and unobstructed beauty. The home will be delivered with the structural framework and layout in place, while allowing the future owner to curate finishes, materials, and design details to their exact vision, resulting in a truly personalized luxury residence.
The Sanderling Club is renowned for its understated elegance and unmatched seclusion, offering 24-hour guard-gated security and a lifestyle centered around privacy and connection to nature. Residents enjoy access to tennis and pickleball courts, a private marina, and a historic beachfront clubhouse with exclusive access to the powdery white sands of Siesta Key Beach.
Quiet, secure, and distinctly refined, this is an extraordinary chance to bring your vision to life within one of Sarasota’s most coveted coastal communities—where luxury is defined not only by design, but by space, serenity, and discretion.
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| Nov 24, 2025 | Listed by MICHAEL SAUNDERS & COMPANY | $1,295,000 | |
| Listed by MICHAEL SAUNDERS & COMPANY | |||
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Located behind the gates of The Sanderling Club on a private canopied lane, this special property features access to a breathtaking private beach and private marina. It is a rare opportunity to build a signature residence on one of the most picturesque parcels in the exclusive Sanderling Club on Siesta Key. This .73-acre homesite is tucked away on a quiet, canopy-lined lane, surrounded by mature tropical forest and majestic Live Oaks, offering unmatched tranquility and privacy. The entire eastern boundary of the property fronts the freshest waters of Heron Lagoon—directly across from the Sarasota Bay inlet—providing expansive, ever-changing views of this tidal sanctuary. Paddleboard, kayak, or simply relax as wildlife glides past your future backyard oasis. With all utilities in place and access to a private well for irrigation, this lot is cleared and ready for your dream estate. Just a short walk away, enjoy the powdery quartz sands of Siesta Key Beach and the Sanderling Club’s private Gulf-front beach, where members gather for sunset strolls and sightings of the elusive “green flash.” The community offers 24-hour attended gate security, a historic Paul Rudolph-designed clubhouse, tennis and pickleball courts, and a private marina with direct access to Sarasota Bay and the Gulf via the newly reopened Midnight Pass. The Sanderling Club is truly unique on the key, featuring an Old-Florida feel with meandering roads lined with mature trees, plus amenities that are simply unrivaled. Whether you envision a modern coastal retreat or a timeless island compound, this property offers the perfect canvas in one of Florida’s most prestigious beachfront communities with privacy, beach life and easy access to Siesta Key Village and Sarasota’s vibrant arts and dining scene.
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| Aug 2, 2021 | Sold | ||
| Sold | |||
| May 14, 2021 | Listed by COLDWELL BANKER REALTY | $1,325,000 | |
| Listed by COLDWELL BANKER REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017