ParkingBoat, Covered, Driveway, Garage Door Opener, Oversized, Parking Pad
Attached Garage4 spaces
Year Built1993
HeatingCentral, Electric
CoolingCentral Air
WaterfrontBay
ViewWater
MLS #A4609486
Lot Size3.65 Acres
StatusActive
About 7811 Midnight Pass Rd
A once in a generation opportunity to own the largest available development site for a corporate or family compound on the barrier island of Siesta Key, Florida. The “Retreat” is situated on 3.65 sprawling acres comprised of 3 lots on the bayside of Little Sarasota Bay and 1 directly across the street on Heron Lagoon. This enviable acreage is unsurpassed perfection, a boaters paradise and located along one of the most coveted sections of Sarasota. As you enter through the private gates you are led down an approximate 400 foot long meandering driveway passing lushly landscaped grounds, specimen palm trees, a rare lighted north/south tennis court and arriving at approximately 346 feet of the most expansive Bayfront views one could ever dream of. The “Retreat” boasts of an existing 2 bedroom, 3 bath guest villa featuring 2,244 sqft. of living space and an attached 4 car garage. Moments from white-quartz beaches, fine dining, shopping, a vibrant cultural scene and airport. Welcome home to your exclusive oasis. This unparalleled property is destined to be the ultimate representation of resort style living and success. Viewings available for pre-qualified clients only.
Property Details
Property Features
Property Information:
Architectural Style: Mediterranean
Year Built: 1993
Living Area: 2,244 SqFt
Listing Office:
Office Name: COLDWELL BANKER REALTY
Office Phone: (941) 349-4411
Listing Agent: Bruce Mibach
Interior Features
Interior Information:
Appliances: Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Washer
Flooring Type: Brick, Ceramic Tile
Interior: Built-in Features, Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: Bay
View: Water
Exterior: Balcony, French Doors, Tennis Court(s)
Parking Information:
Garage Space: 4 spaces
Attached Garage: Yes
Parking: Boat, Covered, Driveway, Garage Door Opener, Oversized, Parking Pad
Brookside Middle School, Public District Grades 6-8
Phillippi Shores Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: From the 41 turn West on Stickney Point Road, continue over the Stickney Point Bridge and then turn left onto Midnight Pass Road to address.
Price Information
Listing Price Info
Price Summary:
List Price: $10,500,000
Price Per SqFt: $4,679/SqFt
Tax Information:
Annual Amount: $55,961
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Sarasota, FL.
This property is $9.9M more than the Median Sold Price and $4.3K/SqFt more than other homes in Sarasota, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #A4609486
Listing Office:
Office Name: COLDWELL BANKER REALTY
Office Phone: (941) 349-4411
Listing Agent: Bruce Mibach
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.
Last updated on: 5/18/2024, 2:20:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$55,961
$4,432,200
2019
$62,679
$4,991,600
2018
$61,463
$4,883,000
2017
$62,301
$4,864,000
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$52.4K
Per Month
Principal & Interest
$52.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$31.5K
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
Phillippi Shores Elementary School
4747 S Tamiami Trl
Distance between this listing and this school3.24 miles
Public District Grades PK-5
Middle School
5
/10
Brookside Middle School
3636 S Shade Ave
Distance between this listing and this school4.28 miles
Public District Grades 6-8
High School
5
/10
Sarasota High School
1000 S School Ave
Distance between this listing and this school5.96 miles
Public District Grades 9-12
Assigned Schools
8
/10
Phillippi Shores Elementary School
4747 S Tamiami Trl
Distance between this listing and this school3.24 miles
Public District Grades PK-5
Nearby Schools
5
/10
Gulf Gate Elementary School
6500 S Lockwood Ridge Rd
Distance between this listing and this school1.80 miles
Public District Grades PK-5
5
/10
Wilkinson Elementary School
3400 Wilkinson Rd
Distance between this listing and this school3.82 miles
Public District Grades PK-5
Assigned Schools
5
/10
Brookside Middle School
3636 S Shade Ave
Distance between this listing and this school4.28 miles
Public District Grades 6-8
Nearby Schools
7
/10
Imagine School At Palmer Ranch
6220 Mcintosh Rd
Distance between this listing and this school3.05 miles
Public Charter Grades PK-8
8
/10
Sarasota Middle School
4826 Ashton Rd
Distance between this listing and this school4.06 miles
Public District Grades 6-8
Assigned Schools
5
/10
Sarasota High School
1000 S School Ave
Distance between this listing and this school5.96 miles
Public District Grades 9-12
Nearby Schools
3
/10
Sarasota Virtual Instruction Program
1960 Landings Blvd
Distance between this listing and this school2.86 miles
Public District Grades KG-12
6
/10
Riverview High School
1 Ram Way
Distance between this listing and this school3.03 miles
The neighbors living near this home have an average income of $156,466. The most common annual income of people living in Sarasota, FL is between $100k-200k. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7811 Midnight Pass Rd
What is the listing price of this property?
The listing price of 7811 Midnight Pass Rd property is $10,500,000.
What type of property is this?
The property 7811 Midnight Pass Rd is a house located in Sarasota, Florida, 34242.
Is this property for sale now?
Active Listing: 7811 Midnight Pass Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 7811 Midnight Pass Rd are: Phillippi Shores Elementary School: GreatSchools Rating 8/10Brookside Middle School: GreatSchools Rating 5/10Sarasota High School: GreatSchools Rating 5/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $55,961 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 7811 Midnight Pass Rd has 2 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 7811 Midnight Pass Rd is 2,244 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 7811 Midnight Pass Rd is 1993.
Interested in 7811 Midnight Pass Rd? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 7811 Midnight Pass Rd in Sarasota, FL and zip code 34242 in the Siesta Key neighborhood. This 2,244 square foot home, which was built in 1993, sits on a 3.65 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 05, 2024 and is currently priced at $10,500,000.
Over 41 listings were sold over their listed price in April 2024 in Sarasota, FL. In the same period over 462 listings were sold below the listed price and 90 listings were sold for the listed price. The number of listings in Sarasota, FL decreased by 1.8% between March 2024 and April 2024. While the average time on the market in April 2024 was 56 days, the median list price was $519,031.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Men's Tennis
Men's Tennis
PGA/LPGA
Hiking/backpacking
Bloomingdales
Chico's
Nordstrom Rack
Bonefish Grill
Chipotle
California Pizza Kitchen
Lexus
Cadillac
Mazda
News
Classical
Rock