new - 2 days on rocket

8625 Midnight Pass Rd Unit 505B, Sarasota, FL, 34242

$489,000

Home List Price

$5,807*

Closing Credit

1 Bedroom
1 Full Bath
697 SqFt
$702/SqFt
Condo

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

8625 Midnight Pass Rd Unit 505B, Sarasota$489,000

Buyer Closing Credits

$5,807*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Year Built1970
HeatingCentral
CoolingCentral Air
WaterfrontBay, Intracoastal Waterway
ViewPool, Trees/Woods, Water
MLS #A4632344
StatusActive

About 8625 Midnight Pass Rd Unit 505B

Bay Tree Club Association offers a slice of paradise with rare & spectacular Gulf to Bay access. A boater's delight now that Midnight Pass reopened ~ offering direct access to the Gulf of Mexico! Revel in beautiful sunrises by the bay and magical sunsets on the gulf. Witness the majestic sea turtles during nesting season. All just minutes from your top floor Penthouse style condo. This one-bedroom, one-bathroom home offers 697 square feet of living space in a coastal community. The cheerful layout creates a bright and airy atmosphere, accentuated by the neutral tones and ample natural lighting. The updated kitchen features granite countertops, while the tiled shower in the bathroom provides a modern touch. The living room and dining area are both spacious and inviting. Enjoy views of the bay from your Juliet lanai. Here residents can experience the serene waterfront location, with private access to the beach and private tranquil docks. The lush landscaping and beachfront setting contribute to the overall peaceful ambiance. Residents can also take advantage of their own private cabanas, boat docks, and access to both the gulf/ocean and the bay. This inviting community is situated within easy access to nearby restaurants, shops, and the infamous Siesta Beach and Siesta Village. With a Trolley stop out front, take advantage of free rides to explore the area further. In addition to fun rides on the Key, hop aboard for a jaunt to Downtown Sarasota with additional Trolleys to popular St. Armands Circle and nearby Longboat Key attractions. The property also provides assigned owner and ample guest parking, as well as private storage and bay & gulf-side heated pools and BBQ patio grilling areas. This property represents beach living at its best where life is easy, and boaters can enjoy the reopened Midnight Pass. With its updated features, waterfront location, and amenities, this condo offers an ideal living experience. Move in, unpack and relish in beach life. Living is good on Siesta Key! Investors and end users have the potential to enjoy instant income as the seller is willing to leaseback. Take comfort in knowing that this complex completed and passed the Milestone Inspection and that the building had no structural damage from the recent storms. Roofs were replaced in 2020. Being offered furnished/turnkey. Making this rare Gulf to Bay home a must see!

Property Details

Property Features

Property Information:

  • Year Built: 1970
  • Stories: 1
  • Living Area: 697 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 349-4411
  • Listing Agent: Aurelia Gilbert

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Refrigerator
  • Flooring Type: Vinyl
  • Interior: Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Bay, Intracoastal Waterway
  • View: Pool, Trees/Woods, Water
  • Exterior: Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Private Mailbox

Lot Features

Lot Information:

  • Lot: Landscaped

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Exit 205 (Clark Road) straight to Stickney Point Road West, Turn Left (South) onto Midnight Pass Road to 8625 on left (just past 35 speed limit sign).

Price Information

Listing Price Info

Price Summary:

  • List Price: $489,000
  • Price Per SqFt: $702/SqFt

HOA Fees:

  • Amount: $2956
  • Frequency: Quarterly
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Med. Sold Price

$513.6K

Med. Price/SqFt

$301

Avg. Days On Market

62

# of Sold Homes

401

8625 Midnight Pass Rd Unit 505B vs Sarasota

2 DAYS ON ROCKET

-60 Days

$489,000

-$24.6K Less

$702/SqFt

+$401 More

KEY TAKEAWAY

This property is $24.6K less than the Median Sold Price and $401/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: #A4632344

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 349-4411
  • Listing Agent: Aurelia Gilbert

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 2025 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: 1/4/2025, 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

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,493

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,533

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-447126
6
/10
  • Gulf Gate Elementary School

  • 6500 S Lockwood Ridge Rd

  • 2.59 miles

  • Public District Grades PK-5

school-card-donut-447127
8
/10
  • Phillippi Shores Elementary School

  • 4747 S Tamiami Trl

  • 4.26 miles

  • Public Magnet Grades PK-5

school-card-donut-447128
5
/10
  • Wilkinson Elementary School

  • 3400 Wilkinson Rd

  • 4.63 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,028. Typical income of Sarasota, FL residents is between $35k-100k annually. The majority of families are married, no kids. 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 8625 Midnight Pass Rd Unit 505B

What is the listing price of this property?

The listing price of 8625 Midnight Pass Rd Unit 505B property is $489,000.

What type of property is this?

The property 8625 Midnight Pass Rd Unit 505B is a condo located in Sarasota, Florida, 34242.

Is this property for sale now?

Active Listing: 8625 Midnight Pass Rd Unit 505B is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 8625 Midnight Pass Rd Unit 505B has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 8625 Midnight Pass Rd Unit 505B is 697 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8625 Midnight Pass Rd Unit 505B is 1970.

Rocket Homes›Florida›Sarasota County›Sarasota›34242›8625 Midnight Pass Rd Unit 505B

This home is located at 8625 Midnight Pass Rd Unit 505B in Sarasota, FL and zip code 34242 in the Siesta Key neighborhood. This 697 square foot home was built in 1970. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since January 02, 2025 and is currently priced at $489,000.

Sarasota, FL housing market in December 2024 saw over 18 listings sold above listed price, more than 76 sold at listed price and over 307 sold below. The number of homes for sale in Sarasota, FL increased by 8.9% between November 2024 and December 2024. While the average time on the market in December 2024 was 62 days, the median list price was $513,637.

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

More Resources