NOT LISTED FOR SALE

7198 Midnight Pass Rd Sarasota, FL 34242

Estimated Value: $2,626,000 - $3,512,532

0.76 Acre
$4,167,609 Price per Acre
33,106 Sq Ft Lot

Last Sold January 13, 2016

Last sale price $527,500

Est. 500% increase in value since last sale

Current estimated payment $19,025/month

580 Days on Market

Highlights

  • 339 Feet of Waterfront
  • Community Boat Slip
  • Gated Community
  • Phillippi Shores Elementary School Rated A
  • Home fronts a lagoon or estuary
  • Lagoon View

About This Lot

As of January 2016

NOW-AN AMAZING NEW PRICE! Water-front 3/4 acre estate sized lot in The Sanderling Club, and only a short stroll to world famous Siesta Key Beach. Rare opportunity to build the home of your dreams on a level, cleared lot with deep water well and irrigation, specimen trees and bordered on two sides by scenic Heron Lagoon waterways. Spectacularly private, gated and fenced, this beautiful property comes with all of the amenities of the exclusive Sanderling Club: Gulf front cabanas and beach house designed by the dean of the Sarasota School of Architecture, Paul Rudolph, a private beach, 3 tennis courts (including one Har Tru surface), playground and a 15 boat marina, all for the use of the Members only. The gated entrance is perfect for creating your own private estate. A superb location across from the Sanderling marina and two blocks from Siesta Key's South Village with great restaurants, fish market, shopping and more, and just a short drive to Sarasota and its wonderful cultural attractions!

Last Agent to Sell the Property

Ellen Wells

License #3096337 Listed on: 04/07/2014

Last Buyer's Agent

David Lehrman

THE SARASOTA REAL ESTATE COMP. License #0591458

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,663

Lot Details

  • 0.76 Acre Lot
  • Lot Dimensions are 195x237
  • Home fronts a lagoon or estuary
  • 339 Feet of Waterfront
  • East Facing Home
  • Wood Fence
  • Level Lot
  • Property is zoned RE2

HOA Fees

  • $267 Monthly HOA Fees

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Riverview High School

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • Lagoon Views
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 0110050030

Community Details

Overview

  • Sanderling Club Community
  • Sanderling Club Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Recreation

  • Community Boat Slip
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Access To Lagoon or Estuary
  • First Come-First Served Dock

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$5,663

Lot Details

0

HOA Fees

$267 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.76
  • Lot Size Sq Ft: 32931
  • Directions to Property: From Stickney Pt Rd 1/2 mile south. Entrance gate on right, south of 7108 Midnight Pass Rd and before the Sanderling Club entrance.
  • Status: Sold
  • Ownership: Fee Simple
  • List Office Head Office Key Nume: 1046728
  • RATIO Current Price By Calculate: 16.02
  • Total Acreage: 1/2 Acre to 1 Acre
  • Water Access YN: 1
  • Tax Year: 2015
  • Special Features: None

Interior Features

  • Street Number Modifier: 7198

Exterior Features

  • Direction Faces: East
  • Home Warranty: No
  • View: Water
  • Water Body Name: NONE
  • Waterfront: Yes
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Access: Lagoon
  • Water Extras: Dock - Slip 1st Come
  • Water Extras YN: 1
  • Water View: Lagoon
  • Water View YN: 1
  • Waterfront Feet Total: 339

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Public, Street Lights
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Gated, Playground, Tennis Courts, Water Access, Waterfront Complex
  • Association Amenities: Boat Slip, Gated, Playground, Recreation Facilities, Security, Tennis Court(s)
  • Association Fee: 3200
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Gated Community
  • Association Fee Requirement: Required

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RE2
  • Parcel Number: 0110050030
  • Additional Parcels: No
  • Current Use: Single Family
  • Fencing: Wood
  • Lot Features: In County, Level, Near Public Transit, Room For Pool, Sidewalk, Paved
  • Lot Dimensions: 195x237
  • Flood Zone Code: AE
  • Zoning Compatible YN: 1
  • Future Land Use: 0000
  • State Land Use Code: 0
  • State Property Use Code: 0

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 5663
  • Tax Book Number: 05/42
  • Tax Lot: 6

Multi Family

  • Waterfront Features: Lagoon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2019
Sold by
Ambrogi John H and Ambrogi Mary G
Bought by
Ambrogi John H and Ambrogi Mary G
Current Estimated Value
$3,167,383

Purchase Details

Closed on
Apr 20, 2017
Sold by
Southwest Building Opatners Llc
Bought by
Amndrogi John Yh and Amndrogi Mary G

Purchase Details

Listed on
Apr 7, 2014
Closed on
Jan 7, 2016
Sold by
Davis Howard W and Davis Sherry T
Bought by
Southwest Building Partners Llc
Seller's Agent
Ellen Wells
Buyer's Agent
David Lehrman
THE SARASOTA REAL ESTATE COMP.
List Price
$575,000
Sold Price
$527,500
Premium/Discount to List
-$47,500
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.27%

Purchase Details

Closed on
Feb 29, 2012
Sold by
Rbc Bank Usa
Bought by
Davis Howard W and Davis Sherry T

Purchase Details

Closed on
Nov 10, 2008
Sold by
Femister Traci Hill
Bought by
Rbc Bank Usa

Purchase Details

Closed on
Sep 22, 2000
Sold by
Hill William R and Madden Marsha A
Bought by
Hill William R

Purchase Details

Closed on
Apr 5, 1999
Sold by
Morse Richard S and Morse Sara S
Bought by
Madden Marsha A
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ambrogi John H -- Attorney
Amndrogi John Yh $700,000 Attorney
Southwest Building Partners Llc $527,500 Attorney
Davis Howard W $380,000 Attorney
Rbc Bank Usa -- None Available
Hill William R -- --
Madden Marsha A $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hill William R $90,000
Previous Owner Hill William R $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2016 04/12/16 Off Market $527,500 -- --
01/13/2016 01/13/16 Sold $527,500 -8.3% --
08/28/2015 08/28/15 Price Changed $575,000 0.0% --
08/28/2015 08/28/15 For Sale $575,000 +9.0% --
07/27/2015 07/27/15 Off Market $527,500 -- --
03/20/2015 03/20/15 Price Changed $629,000 -6.8% --
01/27/2015 01/27/15 Price Changed $675,000 0.0% --
01/27/2015 01/27/15 For Sale $675,000 +28.0% --
01/07/2015 01/07/15 Off Market $527,500 -- --
10/07/2014 10/07/14 For Sale $695,000 +31.8% --
10/07/2014 10/07/14 Off Market $527,500 -- --
04/07/2014 04/07/14 For Sale $695,000 -- --
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $18,394 $1,593,876 -- --
2023 $18,394 $1,547,452 $0 $0
2022 $18,003 $1,502,381 $0 $0
2021 $18,055 $1,458,622 $0 $0
2020 $18,185 $1,438,483 $0 $0
2019 $17,646 $1,403,307 $0 $0
2018 $6,861 $544,300 $544,300 $0
2017 $6,981 $544,300 $544,300 $0
2016 $5,264 $416,400 $416,400 $0
2015 $5,663 $473,400 $473,400 $0
2014 $4,351 $285,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    Ellen Wells

    Section Image
  • David Lehrman

    Buyer's Agent in 2016

    David Lehrman

    THE SARASOTA REAL ESTATE COMP.

    (941) 321-5595

    25 in this area

    31 Total Sales

    David Lehrman
    Section Image
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Map

Source: Stellar MLS

MLS Number: A3996008

Stellar MLS

APN: 0110-05-0030

Florida Sarasota County Sarasota 34242

7198 Midnight Pass Rd, Sarasota, FL

This home is located at 7198 Midnight Pass Rd, Sarasota, FL 34242 since 07 April 2014 and is currently estimated at $3,167,383. 7198 Midnight Pass Rd is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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