Waterfront
Address
8302 Midnight Pass Road, SARASOTA, FL
Price
$ 1,400,000
Property Attributes
  • MLS#A4707555
  • TypeSingle Family
  • Listing Status Active
  • CountySarasota
  • CitySARASOTA
  • AreaSarasota/Crescent Beach/Siesta Key
  • NeighborhoodOCEAN VIEW
  • Zip34242
  • StyleFlorida Ranch
  • Year Built1953
  • Taxes$ 7389
  • Price$ 1,400,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1659
  • Lot Size0.24 Acres
Data Source:
Stellar MLS
Property Description

WELCOME TO THE SIDE OF SIESTA KEY YOU NEVER WANT TO LEAVE. Glistening Heron Lagoon stretches peacefully behind this beautifully restored and renovated income producing single family home, while just beyond, the Gulf of Mexico makes its presence known through salty breezes and the sound of waves in the distance. Surrounded by lush tropical greenery on a deep Siesta Key lot, this is an exceptional combination of island lifestyle, 5 Star vacation home with income potential and long term land value. Tax records reflect four bedrooms, with the fourth currently enjoyed as an office, plus two full baths. Single story, built to enhance the open, airy feeling inside, while the home's connection to the outdoors keeps the peaceful lagoon and tropical setting at the center of everyday life. Following the 2024 storms, the home was extensively renovated, fully permitted and improved creating a fresh and beautifully finished property. The new kitchen and baths, gleaming tile floors and light filled interiors are perfectly suited to relaxed island living. Your private pool and spa are surrounded by tropical greenery with the peaceful waters of Heron Lagoon beyond. Spend afternoons by the pool and enjoy spectacular sunset colors. The deep lot provides a wonderful sense of space and privacy, while the substantial brick paver driveway offers abundant parking for owners and guests, an increasingly valuable feature on Siesta Key and an important advantage for a successful vacation rental. For the investor or second home buyer, the opportunity becomes even more compelling. This highly sought after vacation rental generates approximately $114,000 in annual gross rental revenue despite being only self managed by an out of state owner. It offers an established income stream with the flexibility to enjoy the property yourself, creating the possibility of owning a Siesta Key getaway that can also work for you when you are away. Prior to the extensive restoration and improvements that followed, the property received an appraisal with an opinion of value of $1,300,000 as of September 2024. Since that time, substantial additional work and improvements were completed. What cannot be duplicated is the setting and the land. A deep single family homesite on Siesta Key overlooking Heron Lagoon, surrounded by tropical greenery with the Gulf just beyond offers tremendous possibilities. Continue its successful vacation rental use, make it your island getaway, enjoy it as a full time residence, or hold an increasingly scarce piece of Siesta Key real estate for the future. The property offers approximately 1,625 square feet of living area, four bedrooms per tax records, two full baths, a garage, private pool and spa, dock, covered outdoor living space, and extensive brick paver parking. Glistening lagoon views. Gulf breezes and the sound of the waves. Tropical privacy. Deep lot. Generous parking. Proven rental income. Extensive post storm restoration and renovation. Long term Siesta Key land value. This is more than a successful vacation rental. It is a beautiful single family home, an island escape, an income producing property and an opportunity to own a special piece of Siesta Key. Property documentation reflects a 2017 roof, 2020 plumbing re pipe, 2021 water heater and 200 amp electrical service. Flood insurance is 8,734.00 per year, Homeowners insurance is 7,788 per year and there is no HOA. Come for the opportunity. Stay because you may never want to leave.

Elementary School Middle School High School
Phillippi Shores Elementary Elementary School Brookside Middle Middle School Sarasota High High School
Price History
9/28/2026 Listed $1,400,000

General Features

Sewer Public Sewer
Heating Central,Electric,Heat Pump
Cooling Central Air
Utilities Cable Connected,Electricity Connected,Public,Sewer Connected
Roof Shingle
Appliances Dishwasher,Disposal,Dryer,Electric Water Heater,Microwave,Range,Refrigerator,Washer
Zoning RSF2
Garage Spaces 1
Patio/Porch Features Deck,Enclosed,Screened
Architectural Style Florida,Ranch
Pool Features Gunite,In Ground,Screen Enclosure
Construction Materials Wood Frame,Wood Siding
Pets Allowed Yes
Year Built 1953
View Trees/Woods,Water
Levels One
Property Subtype Single Family Residence
Tax Year 2026
Ownership Fee Simple
Waterfront Features Waterfront,Lagoon
Community Features Fishing,Water Access,Waterfront,Sidewalks
County Sarasota
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name OCEAN VIEW
Facing Direction East
Garage Y/N true
Other Structures Shed(s)
Total Rooms 10
Full Baths 2
Status Active
Directions Exit 205 West on Clark Road Left on Midnight Pass Road, Head South. Home is on the right two miles. (No sign at address).
High School Sarasota High
City SARASOTA
Body of Water HERON LAGOON
Senior Community Y/N false
MLS Area 34242 - Sarasota/Crescent Beach/Siesta Key
Lot Size Units Square Feet
Lot Size Square Feet 10505
Carport Y/N false
Listing Terms Cash,Conventional
Spa Features In Ground
Elementary School Phillippi Shores Elementary
Land Lease Y/N false
Tax Annual Amount 7389.33
Home Warranty Y/N false
Middle/Junior High School Brookside Middle
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://youtu.be/a4CO-rwb6NI?si=5pDBoXFwcFzrmGyS
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 16
Legal Description LOT 16 BLK B OCEAN VIEW
Water View Lagoon
Water Access Type Lagoon
Minimum Lease No Minimum
Water Access Y/N true
Additional Rooms Family Room,Great Room
Water View Y/N true
Flood Zone Code AE
In Law Suite YN false
DockY/N true

Interior Features

Interior Amenities Cathedral Ceiling(s),Ceiling Fan(s),Eating Space In Kitchen,Living Room/Dining Room Combo,Open Floorplan,Split Bedroom,Walk-In Closet(s),Window Treatments
Flooring Carpet,Ceramic Tile
Furnished Y/N Furnished
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds,Window Treatments
Fireplace Y/N false
Laundry Features In Garage
Total Bedrooms 4
LivingAreaSource Appraiser
Total Baths 2

Exterior Features

Exterior Amenities Rain Gutters,Sliding Doors
Vegetation Mature Landscaping,Trees/Landscaped
Fencing Fenced
Parking Features Driveway,Garage Door Opener,Guest
Lot Features In County,Landscaped,Near Public Transit,Private,Sidewalk
Water Source Public
Lot Size Area 10505
Foundation Details Slab
Spa true
Building Area Total 1918
Lot Size Acres 0.24
Road Surface Type Paved
Private Pool true
Waterfront Y/N true
Covered Spaces 1
Road Frontage Type Street Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 34242

Price
AVG $4.86M
$1.4M
Taxes
AVG $20,156
$7,389
Year Built
AVG 1994
1953