Welcome to your private paradise nestled within the exclusive Sanderling Club on coveted Siesta Key. This magnificent estate spans over 1 acre and boasts an impressive 150 feet of pristine water frontage, offering unparalleled views and access to the sparkling waters of Heron Lagoon. The current home on this expansive lot provides an opportunity for those with a vision to renovate and restore it to its former glory or build your perfect home. The current structure awaits a new owner to update and personalize it with modern finishes and impeccable craftsmanship. With over 1 acre of lush, landscaped grounds ensuring privacy and tranquility, the property offers ample space to create your own oasis. The 150 feet of stunning water frontage with private dock, allows for kayaking, fishing or simply soaking in breathtaking sunsets. Imagine designing your dream home with spacious living areas, abundant natural light and panoramic water views. The kitchen could be a chef’s dream with a large island ideal for entertaining. The outdoor living space has the potential to become a true oasis that has multiple options for lounging areas perfect for hosting gatherings or enjoying quiet moments. Located in the Sanderling Club, the private club offers exclusive amenities including private beach access, private boat docks, tennis and pickleball courts, a clubhouse and a historic beach cabanas designed by renowned architect Paul Rudolph. There is also a one-bedroom separate cottage with a full bath and kitchen, that will allow your guests to enjoy their own private space. Situated just minutes from the vibrant Siesta Key Village, renowned for its dining, shopping, and entertainment options. The estate provides a secluded and peaceful living environment. This is a rare opportunity to own a piece of paradise in one of the most sought-after locations on Siesta Key. Whether you choose to renovate the existing home or build a new home, the potential to create your dream waterfront residence is limitless. Property being sold AS-IS. Schedule your private tour today and discover the unparalleled lifestyle that awaits you in the Sanderling Club.
This property is $1.0M more than the Median Sold Price in Sarasota, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #A4612974
Listing Office:
Office Name: LIVING VOGUE LLC
Office Phone: (800) 486-1794
Listing Agent: Angelic Tassos
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. Last updated on: 11/13/2024, 10:49:49 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
$7,534
$573,340
2019
$7,280
$560,450
2018
$7,112
$550,000
2017
$7,085
$538,688
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.
$8,503
Per Month
Principal & Interest
$7,986
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)
$450
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
$4,863
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Gulf Gate Elementary School
6500 S Lockwood Ridge Rd
Distance between this listing and this school1.83 miles
Public District Grades PK-5
8
/10
Phillippi Shores Elementary School
4747 S Tamiami Trl
Distance between this listing and this school3.12 miles
Public Magnet Grades PK-5
5
/10
Wilkinson Elementary School
3400 Wilkinson Rd
Distance between this listing and this school3.79 miles
Public District Grades PK-5
Nearby Schools
7
/10
Imagine School at Palmer Ranch
6220 McIntosh Rd
Distance between this listing and this school3.21 miles
Public Charter Grades PK-8
5
/10
Brookside Middle School
3636 S Shade Ave
Distance between this listing and this school4.18 miles
Public Magnet Grades 6-8
8
/10
Sarasota Middle School
4826 Ashton Rd
Distance between this listing and this school4.20 miles
Public District Grades 6-8
Nearby Schools
5
/10
Sarasota Virtual Instruction Program
1960 Landings Blvd
Distance between this listing and this school2.74 miles
Public District Grades KG-12
6
/10
Riverview High School
1 Ram Way
Distance between this listing and this school2.98 miles
Public Magnet Grades 9-12
8
/10
Suncoast Polytechnical High School
4650 Beneva Rd
Distance between this listing and this school3.67 miles
The neighbors living near this home have an average income of $156,466. Residents of Sarasota, FL typically earn between $100k-200k each year. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7536 Midnight Pass Rd
What is the listing price of this property?
The listing price of 7536 Midnight Pass Rd property is $1,600,000.
What type of property is this?
The property 7536 Midnight Pass Rd is land located in Sarasota, Florida, 34242.
Is this property for sale now?
Active Listing: 7536 Midnight Pass Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $7,534 (source: MLS/based on county public records data).
How much acreage is this property?
The property 7536 Midnight Pass Rd is 1.02 acres.
Interested in 7536 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, AI voice, 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 7536 Midnight Pass Rd in Sarasota, FL and zip code 34242 in the Siesta Key neighborhood. This home sits on a 1.02 acre lot. It has been listed on Rocket Homes since June 05, 2024 and is currently priced at $1,600,000.
Over 13 listings were sold over their listed price in October 2024 in Sarasota, FL. In the same period over 242 listings were sold below the listed price and 47 listings were sold for the listed price. Between September 2024 and October 2024, Sarasota, FL real estate market has seen decrease in the number of listings by 0.8%. In October 2024, listings were on the market for 62 days. During the same period, the median list price in this real estate market was $520,718.
From Rocket Homes Real Estate and based on county public records data.