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Sold for $8,000,000 on 08/21/24
  • $8,000,000

    7811 Midnight Pass Rd, Sarasota, FL 34242

    2beds
    0baths
    3.65Acres
    VacantLand
    Built in 1993
    3.65 Acres Lot
    $7,173,700 Zestimate®
    $50/sqft
    $57,343 Estimated rent

    Home value

    $7,173,700

    $6.46M - $7.96M

    $57,343/mo

    Zestimate® history
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    Owner options

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    $57,343/mo

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    Rent Zestimate®

    Refinance and save

    $51,917/mo

    Est. payment

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    $51,917/mo

    Est. payment

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    What's special

    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.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 0
    Heating
    • central
    Cooling
    • Central
    Features
    • Flooring: Tile
    Interior area
    • Total interior livable area: 159,057 sqft

    Property

    Parking
    • Parking features: Covered, Garage, Open
    Features
    • Exterior features: Stucco
    • Has view: Yes
    • View description: City
    Lot
    • Size: 3.65 Acres
    Details
    • Parcel number: 0127060008

    Community & neighborhood

    Location
    • Region: Sarasota

    Price history

    DateEventPrice
    8/21/2024Sold$8,000,000-23.8%$50/sqft
    Source: Public Record
    5/5/2024Listed for sale$10,500,000-0.9%$66/sqft
    Source: Stellar MLS #A4609486
    4/1/2024Listing removed--
    Source: Stellar MLS #A4580260
    9/8/2023Price change$10,600,000-17%$67/sqft
    Source: Stellar MLS #A4580260
    8/21/2023Listed for sale$12,775,000+156%$80/sqft
    Source: Stellar MLS #A4580260

    Public tax history

    YearProperty taxesTax assessment
    2025-- $6,328,900 -2.5%
    2024$80,912 +1.1%$6,489,184 +10%
    2023$79,993 +11.5%$5,899,258 +10%

    Find assessor info on the county website

    Neighborhood: 34242

    Nearby schools

    GreatSchools rating