new - 10 hours on rocket

7618 Midnight Pass Rd, Sarasota, FL, 34242

$1,765,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths, 1 Partial
4,078 SqFt
$433/SqFt
House

Location

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7618 Midnight Pass Rd, Sarasota$1,765,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Driveway
Attached Garage2 spaces
Year Built1950
HeatingCentral, Zoned
CoolingCentral Air, Zoned
WaterfrontLagoon
FireplaceGas, Living Room
ViewWater
Private PoolYes
MLS #A4631568
Lot Size0.88 Acres
StatusActive

About 7618 Midnight Pass Rd

Discover the potential of this property in the iconic Sanderling Club community, nestled on the desirable south end of Siesta Key. Whether you're dreaming of a new build or a restoration, this expansive lot offers endless possibilities in a prime waterfront location. The existing 3 bedroom, 3.5 bathroom residence features a two-car garage, solid block construction, durable roof, paver driveway and a pool. The interior has been stripped, and is ready for your vision. While the property was affected by flooding during the hurricanes, it now presents a clean slate for creating your dream home. Located just minutes from the world-famous Siesta Key Beach and the charming Village, this property is perfectly positioned to embrace island living. As part of the Sanderling Club, the only guard-gated, single-family neighborhood on Siesta Key, you’ll enjoy unparalleled privacy, luxury, and access to exclusive amenities, including private beach access, a historic clubhouse, tennis and pickleball courts and a marina. Whether you choose to refurbish or start fresh with a modern coastal retreat or a luxurious family estate, this is your chance to own a piece of paradise in one of Florida's most sought-after Gulf front communities. Don't miss this remarkable opportunity to transform this property into your personal haven!

Property Details

Property Features

Property Information:

  • Architectural Style: Custom
  • Year Built: 1950
  • Living Area: 4,078 SqFt

Listing Office:

  • Office Name: PREMIER SOTHEBYS INTL REALTY
  • Office Phone: (941) 364-4000
  • Listing Agent: Joel Schemmel

Interior Features

Interior Information:

  • Appliances: None
  • Flooring Type: Concrete
  • Interior: High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s)
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Lagoon
  • View: Water
  • Exterior: Irrigation System, Rain Gutters, Sliding Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Circular Driveway, Driveway

Virtual/3D Tour

  • Virtual Tour: 7618 Midnight Pass Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot: Flood Zone, Level, Oversized Lot
  • Lot Size: 0.88 Acres

Utilities

Utilities Information:

  • Heating: Central, Zoned
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: Head West on Stickney Point over the south Bridge to Siesta Key. Turn Left on Midnight Pass. Home will be on your right, just past the Sanderling Club entrance.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,765,000
  • Price Per SqFt: $433/SqFt

HOA Fees:

  • Amount: $5400
  • Frequency: Annually

Tax Information:

  • Annual Amount: $12,421
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

Med. Sold Price

$515.5K

Med. Price/SqFt

$302

Avg. Days On Market

76

# of Sold Homes

297

7618 Midnight Pass Rd vs Sarasota

1 DAY ON ROCKET

-75 Days

$1,765,000

+$1.2M More

$433/SqFt

+$130 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $130/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: #A4631568

Listing Office:

  • Office Name: PREMIER SOTHEBYS INTL REALTY
  • Office Phone: (941) 364-4000
  • Listing Agent: Joel Schemmel

IDX 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.

IDX 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: 12/18/2024, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 07, 2018Home Sold
$1,200,000
Aug 04, 2004Home Sold
$835,000

Tax History

YEARPROP. TAXASSESSMENT
2020$12,421$942,500
2019$12,036$918,000
2018$10,167$803,572
2017$10,130$787,044

History based on county public records data.

Payment Calculator

$9,327

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,358

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.

Nearby Schools

school-card-donut-144301
6
/10
  • Gulf Gate Elementary School

  • 6500 S Lockwood Ridge Rd

  • 1.85 miles

  • Public District Grades PK-5

school-card-donut-144302
8
/10
  • Phillippi Shores Elementary School

  • 4747 S Tamiami Trl

  • 3.16 miles

  • Public Magnet Grades PK-5

school-card-donut-144303
5
/10
  • Wilkinson Elementary School

  • 3400 Wilkinson Rd

  • 3.82 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $156,466. Typical income of Sarasota, FL residents is between $100k-200k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7618 Midnight Pass Rd

What is the listing price of this property?

The listing price of 7618 Midnight Pass Rd property is $1,765,000.

What type of property is this?

The property 7618 Midnight Pass Rd is a house located in Sarasota, Florida, 34242.

Is this property for sale now?

Active Listing: 7618 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 $12,421 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 7, 2018 for $1,200,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7618 Midnight Pass Rd has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 7618 Midnight Pass Rd is 4,078 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7618 Midnight Pass Rd is 1950.

Rocket Homes›Florida›Sarasota County›Sarasota›34242›7618 Midnight Pass Rd

This home is located at 7618 Midnight Pass Rd in Sarasota, FL and zip code 34242 in the Siesta Key neighborhood. This 4,078 square foot home, which was built in 1950, sits on a 0.88 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $1,765,000.

In November 2024 more than 12 listings in Sarasota, FL were sold above the asking price. During the same period more than 48 listings were sold at asking price, while more than 237 were sold below. The number of homes for sale in Sarasota, FL increased by 9.7% between October 2024 and November 2024. In November 2024, listings were on the market for 76 days. During the same period, the median list price in this real estate market was $515,531.

From Rocket Homes Real Estate and based on county public records data.

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