by Global Lifestyle Properties

See Home Value
$8,000,000
● Land - Off Market

7811 Midnight Pass ROAD

SARASOTA, FL 34242
bedrooms
Studio
bathrooms
0 Bath
$58,714
Est. Monthly
-0.61%
Cap Rate

About This Property

This 3.7-acre property of old Florida beauty with 346 feet of shoreline is one of the largest estates on Siesta Key with wide bay views. This is a rare opportunity to develop and build your own compound on what is one of Siesta Keys last large available properties. Currently on the property you will find a 2,200 SF guest house with an attached 4 car garage for a total of 4,626 feet of total space, leaving ample room for a large bayside residence to be built. A professional tennis court as well as a 200-foot, 5 foot wide grandfathered-in boat dock are the other main features of this property. The estate has been owned by the same family for over 30 years. The property is currently platted for 3 homes on the bayside and one across the street on Heron Lagoon. Photo renderings are for illustration purposes only and should not be used as representation of the home's precise or actual features. Call today for more information.
Unit Size
-
Days on Market
4 days
Land Size
3.65 acres
Price per sqft
-
Property Type
Land
Property Taxes
$6,666
HOA Dues
-
Year Built
1993

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Last updated: 3 years ago (Stellar MLS #A4619874)

Price History

Date / Event Date Event Price
Aug 20, 2024 Sold
Sold
Aug 16, 2024 Listed by MICHAEL SAUNDERS & COMPANY $10,600,000
Listed by MICHAEL SAUNDERS & COMPANY

Property Highlights

Parking Available
Garage
With View

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,590
  • Parking Space Count: 6
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0
  • Location Influence Type: 69

    Dimensions

  • Lot Size Square Feet: 159,057
  • Total Building Area: 3,834
  • Gross Building Area: 3,834
  • Building Area: 2,244
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,244
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEDARS OF SIESTA KEY THE
  • Land Acres: 0000003651
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOTS 1 2 3 & 4 THE CEDARS

Neighborhood

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

Zoning

  • Zoning: RE2

Geography

  • Assessors Map Reference: 29C
  • Account Number: 0127060008
  • Subdivision Tract Number: 818
  • Parcel: 0127-06-0008
  • Lot: 1
  • Meridian: SEC 29 TWN 37S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2378
  • Longitude: -82.5234

    Address

  • Full Address: 7811 Midnight Pass Rd
  • Address - House Number: 7811
  • Address - Street Name: Midnight Pass
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C071
  • 4-Digit Zip Code: 2717
  • Zip Code: 34242

Valuation

    Tax

  • Total Area: 4,626
  • Tax Year: 2023
  • Tax Amount: $7,999,260
  • Tax Rate Code Area: 1892

    Market Valuation

  • Market Total Value: $7,608,200
  • Market Land Value: $6,487,500
  • Market Improvement Value: $1,120,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,608,200
  • Assessed Land Value: $6,487,500
  • Assessed Improvements Value: $1,120,700
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 Cedars of Siesta Key


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Nearby Rentals

Unit for rent at 6373 Gateway Avenue, SARASOTA, FL, 34231

$1,375 /mo

  • 1 Bed
  • 1 Bath
  • 508 ft²
6373 Gateway Avenue, SARASOTA, FL, 34231 Listing by Alexandra Stella


Frequently Asked Questions

When was property at 7811 Midnight Pass Road built and last sold?
The property at 7811 Midnight Pass Road was built in 1993 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7811 Midnight Pass Road is $0.
What are some comparable homes to 7811 Midnight Pass Road?
There are currently no comparable homes to 7811 Midnight Pass Road.