by Global Lifestyle Properties

See Home Value
$1,200,000
● House - Off Market

7425 MIDNIGHT PASS ROAD

SARASOTA, FL 34242
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,763 Ft²
$5,533
Est. Monthly

About This Property

Prime waterfront rebuild opportunity on Siesta Key. Tear-down structure on property. Selling for land value only. AS IS situation.  Investor or builder's dream! High-equity potential in a neighborhood of multi-million dollar luxury estates. The existing home is heavily storm-damaged and is being sold strictly for lot value. While the existing structure has sustained significant damage from two recent hurricanes, the true value lies in the land, the location, and the limitless potential for a custom waterfront estate. AS IS seawall. Bring your architect, your builder, and your vision.   Embrace the ultimate coastal lifestyle with this rare blank canvas on world-renowned Siesta Key. Nestled on a highly coveted bayside lot, this property offers breathtaking water views and  access.  All this just minutes from one of the best beaches in the world. Walk or drive to dinner and shopping. Half a mile south to the Stickney Point Bridge. Twenty minutes from beautiful downtown Sarasota.
Unit Size
2,763 Ft²
Days on Market
31 days
Land Size
0.36 acres
Price per sqft
$290
Property Type
House
Property Taxes
$1,604
HOA Dues
-
Year Built
1965

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Last updated: 3 months ago (Stellar MLS #A4698402)

Price History

Date / Event Date Event Price
Aug 24, 2026 Sold
Sold
Jul 27, 2026 In contract -
In contract
Jul 19, 2026 Listed by PREFERRED SHORE LLC $800,000
Listed by PREFERRED SHORE LLC
May 11, 2009 Sold
Sold
Apr 22, 2005 Sold
Sold

Property Highlights


Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 6
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 27

    Dimensions

  • Lot Size Square Feet: 15,765
  • Total Building Area: 3,225
  • Gross Building Area: 3,225
  • Building Area: 2,763
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,763
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MIDNIGHT HARBOR SUB
  • Land Acres: 0000000362
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 6 MIDNIGHT HARBOR

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: 0110120009
  • Subdivision Tract Number: 1472
  • Parcel: 0110-12-0009
  • Lot: 6
  • Meridian: SEC 20 TWN 37S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2425
  • Longitude: -82.5278

    Address

  • Full Address: 7425 Midnight Pass Rd
  • Address - House Number: 7425
  • Address - Street Name: Midnight Pass
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C071
  • 4-Digit Zip Code: 2700
  • Zip Code: 34242

Valuation

    Tax

  • Total Area: 4,220
  • Tax Year: 2023
  • Tax Amount: $1,709,404
  • Tax Rate Code Area: 1892

    Appraisal Valuation

  • Standard Deviation: 0.1931
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 1,803,451
  • High Value: 2,151,705
  • Low Value: 1,455,197

    Market Valuation

  • Market Total Value: $1,725,400
  • Market Land Value: $1,212,700
  • Market Improvement Value: $512,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,725,400
  • Assessed Land Value: $1,212,700
  • Assessed Improvements Value: $512,700

    Sales

  • Current Sale Contract Date: May 08, 2009
  • Current Sale Recording Date: May 11, 2009
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2009055850
  • Previous Sale Recording Date: Apr 22, 2005
  • Previous Sale Contract Date: Apr 15, 2005
  • Previous Sale Amount: $860,000
  • Previous Sale Document Type: 71
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 Midnight Harbor


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Nearby Rentals

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Unit for rent at 1714 Meadowood Street, FL, 34231

$8,999 /mo

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1714 Meadowood Street, FL, 34231 Listing by Robin Turner
Unit for rent at 1315 Dockside Place, SARASOTA, FL, 34242

$10,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,827 ft²
1315 Dockside Place #220, SARASOTA, FL, 34242 Listing by Robert Ruiz


Frequently Asked Questions

When was property at 7425 Midnight Pass Road built and last sold?
The property at 7425 Midnight Pass Road was built in 1965 and last sold on May 8, 2009 for $670,000.
How much is this home worth?
The estimated value of the home located at 7425 Midnight Pass Road is $0.
What are some comparable homes to 7425 Midnight Pass Road?
There are currently no comparable homes to 7425 Midnight Pass Road.