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.
Sold for $8,000,000
$8,000,000
7811 Midnight Pass Rd, Sarasota, FL 34242
2beds
0baths
3.65Acres
VacantLand
Built in 1993
3.65 Acres Lot
$6,513,800 Zestimate®
$50/sqft
$57,343 Estimated rent
Home value
$6,513,800
$4.36M - $9.51M
$57,343/mo
Zestimate® history
Owner options
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$57,343/mo
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$52,280/mo
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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 & HOA
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $50/sqft
- Tax assessed value: $6,328,900
- Annual tax amount: $73,950
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2024 | Sold | $8,000,000-23.8%$50/sqft |
Source: Public Record Report a problem | ||
| 5/5/2024 | Listed for sale | $10,500,000-0.9%$66/sqft |
Source:  Stellar MLS #A4609486 Report a problem | ||
| 4/1/2024 | Listing removed | -- |
Source: Stellar MLS #A4580260 Report a problem | ||
| 9/8/2023 | Price change | $10,600,000-17%$67/sqft |
Source: Stellar MLS #A4580260 Report a problem | ||
| 8/21/2023 | Listed for sale | $12,775,000+156%$80/sqft |
Source: Stellar MLS #A4580260 Report a problem | ||
| 6/15/2012 | Listing removed | $4,990,000$31/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem | ||
| 3/24/2011 | Listed for sale | $4,990,000$31/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $73,950 -8.6% | $6,328,900 -2.5% |
| 2024 | $80,912 +1.1% | $6,489,184 +10% |
| 2023 | $79,993 +11.5% | $5,899,258 +10% |
| 2022 | $71,765 +18.4% | $5,362,962 +10% |
| 2021 | $60,609 +8.3% | $4,875,420 +10% |
| 2020 | $55,961 -10.7% | $4,432,200 -11.2% |
| 2019 | $62,679 | $4,991,600 +2.2% |
| 2018 | $62,679 +2% | $4,883,000 +0.4% |
| 2017 | $61,463 -4.8% | $4,864,000 -6.6% |
| 2016 | $64,594 | $5,209,200 +8.2% |
| 2015 | $64,594 +5.9% | $4,812,200 +15.7% |
| 2014 | $61,014 +7% | $4,158,100 |
| 2013 | $57,049 +2.8% | $4,158,100 +1.8% |
| 2012 | $55,476 +2.9% | $4,085,400 +1.2% |
| 2011 | $53,897 -5.4% | $4,038,300 -2.6% |
| 2010 | $56,964 -14.9% | $4,145,800 -13.3% |
| 2009 | $66,918 | $4,783,700 -9% |
| 2008 | $66,918 -16.5% | $5,254,400 -16.1% |
| 2007 | $80,097 | $6,261,300 +0.3% |
| 2006 | -- | $6,239,900 +20.9% |
| 2005 | -- | $5,162,100 +9.1% |
| 2004 | $70,253 +17% | $4,733,000 +21.1% |
| 2003 | $60,039 +31.4% | $3,909,600 +29.6% |
| 2002 | $45,679 +31.8% | $3,017,000 +25% |
| 2001 | $34,646 +17.9% | $2,412,800 +18.8% |
| 2000 | $29,397 | $2,031,600 |
Find assessor info on the county website
Neighborhood: 34242
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Nearby schools
GreatSchools rating
- 9/10Phillippi Shores Elementary SchoolGrades: PK-5Distance: 3.3 mi
- 6/10Brookside Middle SchoolGrades: 6-8Distance: 4.3 mi
- 5/10Sarasota High SchoolGrades: 9-12Distance: 6 mi
- Florida
- Sarasota County
- Siesta Key
- 34242
- 7811 Midnight Pass Rd
Nearby cities
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