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Sold for $1,200,000
  • $1,200,000

    7425 MIDNIGHT PASS ROAD, SARASOTA, FL 34242

    4beds
    2,763sqft
    Single Family Residence
    Built in 1965
    0.36 Acres Lot
    $777,600 Zestimate®
    $434/sqft
    $7,954 Estimated rent

    Home value

    $777,600

    $739,000 - $816,000

    $7,954/mo

    Zestimate® history
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    What's special

    Prime waterfrontBreathtaking water viewsHighly coveted bayside lot
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ray Collins 941-228-0091,

    PREFERRED SHORE LLC 941-999-1179

    Bought with:

    Karen Greco, 0405884

    GRECO REAL ESTATE

    Source: Stellar MLS,MLS#: A4698402MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: No Closet
    • Level: Second
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • None
    Cooling
    • None
    Appliances
    • Included: None
    • Laundry: None
    Features
    • None
    • Flooring: Other
    • Has fireplace: No
    Interior area
    • Total structure area: 3,211
    • Total interior livable area: 2,763 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Other
    • Has private pool: Yes
    • Pool features: In Ground
    • Has view: Yes
    • View description: Canal
    • Has water view: Yes
    • Water view: Canal
    • Waterfront features: Canal - Saltwater, Bay/Harbor Access, Seawall
    Lot
    • Size: 0.36 Acres
    Details
    • Parcel number: 0110120009
    • Zoning: RSF1
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Fixer
    • New construction: No
    • Year built: 1965

    Utilities & green energy

    • Sewer: Other
    • Water: See Remarks
    • Utilities for property: Other

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: MIDNIGHT HARBOR SUB
    HOA
    • Has HOA: No
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $434/sqft
    • Tax assessed value: $1,603,600
    • Annual tax amount: $19,248
    • Date on market: 7/24/2026
    • Cumulative days on market: 2 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/24/2026Sold$1,200,000+50%$434/sqft
    Source: Stellar MLS #A4698402 Report a problem
    8/11/2026Listed for sale$800,000$290/sqft
    Source: Stellar MLS #A4698402 Report a problem
    7/26/2026Contingent$800,000$290/sqft
    Source: Stellar MLS #A4698402 Report a problem
    7/24/2026Listed for sale$800,000+19.4%$290/sqft
    Source: Stellar MLS #A4698402 Report a problem
    5/11/2009Sold$670,000-22.1%$242/sqft
    Source: Public Record Report a problem
    4/22/2005Sold$860,000$311/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,249 +2.1%$1,603,600 +24.2%
    2024$18,861 +6.3%$1,291,468 +10%
    2023$17,744 +13.7%$1,174,062 +10%
    2022$15,607 +12.5%$1,067,329 +10%
    2021$13,868 +17.7%$970,299 +10%
    2020$11,780 +11.8%$882,090 +10%
    2019$10,538 $801,900 -14.7%
    2018$10,538 -13.4%$940,500 +12%
    2017$12,169 +24.5%$839,377 -10.7%
    2016$9,775 $940,100 +35.5%
    2015$9,775 +0.5%$693,700 +7.4%
    2014$9,722 +4.3%$645,700
    2013$9,323 +6.1%$645,700 +5.4%
    2012$8,787 +21.7%$612,700 +20.8%
    2011$7,220 -2.9%$507,400 -0.2%
    2010$7,439 -18.2%$508,600 -18.1%
    2009$9,096 $620,700 -8.6%
    2008$9,096 -13.1%$679,200 -16%
    2007$10,470 $808,400 -19.5%
    2006-- $1,004,600 +238.8%
    2005-- $296,519 +3%
    2004$4,360 -1%$287,883 +1.9%
    2003$4,407 +1.9%$282,515 +2.4%
    2002$4,326 +7.1%$275,894 +1.6%
    2001$4,041 +2.5%$271,549 +3%
    2000$3,941 $263,640
    Find assessor info on the county website

    Neighborhood: 34242

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $777,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $777,600