NOT LISTED FOR SALE

7303 Midnight Pass Rd Sarasota, FL 34242

5 Beds
6 Baths
5,989 Sq Ft
2.53 Acres Lot

Sale Details

Date Sold: November 18, 2022

Last sale price $5,250,000 $877 Per Sq Ft

207 Days on Market

Highlights

  • 115 Feet of Waterfront
  • White Water Ocean Views
  • Access To Intracoastal Waterway
  • Phillippi Shores Elementary School Rated A
  • Guest House
  • Tennis Courts

About This Home

As of November 2022

Discover an extraordinary island paradise; a fabulous, private 2.53-acre estate perfectly located on Siesta Key’s Sarasota Bay. The meandering, long driveway leads past the guest house and tennis courts to the spectacular main house, beautifully sited overlooking the bay, pool, lawn and dock on the Intracoastal Waterway. A rare offering, this walled and gated property is 812 feet deep and boasts 115 feet on the bay. Masterfully renovated in 2012, and again in 2021 the nearly 6,000 square foot, 5-bedroom, 4-full plus 2-half baths home is designed for entertaining and large gatherings. The main floor features a gentleman’s office, living room with a coffered, beamed ceiling, music area, formal dining room, a spacious, fabulous island kitchen with high-quality appliances, natural gas stove, walk-in pantry, planning desk and dining area, a family room with a full bar and wall of glass sliders plus a first-floor guest suite, all overlooking the bay. Completing this floor is a mudroom/laundry room and half bath. Upstairs, the waterfront master bedroom suite boasts a bayfront exercise room with gorgeous views of the Intracoastal Waterway, a spacious master bath and abundant closets. On this floor are two additional bedroom suites. On the third level is a large, charming bedroom with a half bath and additional storage. This home is for creating wonderful memories; sunbathe by the fabulous spacious pool, relax in the shade in the screened gazebo and entertain guests in the outdoor grilling area with built-in seating and gas fire pit. The oversized yard and lawn roll lazily down to the water’s edge; the dock on the bay will accommodate a powerboat or sailboat. Kayak, paddleboard or fish from your bayfront dock and experience Sarasota Bay’s amazing marine life. An oversized three-car garage plus abundant outside parking for many cars. Also included is a 1,600 square foot, 2-bedroom, 2-bath handicap accessible home with a private garage and yard for your overnight guests. Natural gas powers kitchen stove, pool heater and generator. New roof to be added to main house May 2022.

Last Agent to Sell the Property

Sara Ferguson

COMPASS FLORIDA LLC License #3292854 Listed on: 03/31/2022

COMPASS FLORIDA LLC

Last Buyer's Agent

David Lehrman

THE SARASOTA REAL ESTATE COMP. License #0591458

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,982

Year Built

  • Built in 1978

Lot Details

  • 2.53 Acre Lot
  • 115 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Northwest Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Irrigation
  • Property is zoned RE2

Parking

  • 3 Car Attached Garage

Property Views

  • White Water Ocean
  • Intracoastal
  • Pool
  • Tennis Court

Home Design

  • Custom Home
  • Craftsman Architecture
  • Traditional Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 5,989 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Window Treatments
  • French Doors
  • Great Room
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Loft
  • Storage Room
  • Inside Utility
  • Engineered Wood Flooring
  • Storm Windows

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Cabana
  • Heated In Ground Pool
  • Gunite Pool
  • Pool Lighting

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Tennis Courts
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Additional Features

  • Guest House
  • Flood Zone Lot
  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association
  • Siesta Rev Community
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,982

Year Built

Built in 1978

Lot Details

2.53 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Custom, Traditional
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 5989
  • Lot Size Acres: 2.53
  • New Construction: No
  • Year Built: 1978
  • Building Area Total: 6601
  • Lot Size Sq Ft: 110296
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4529584?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4529584?w=Customer
  • Homestead Y N: No
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.91304
  • Price per Sq Ft: 876.61
  • Close to Original List Price Ratio: 0.80769
  • Ratio: Current Price\Building Area Total: 795.33
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Engineered Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Master Bedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Stories: 2
  • Window Features: Storm Window(s)
  • Room Count: 8
  • Additional Rooms: Family Room, Formal Dining Room Separate, Formal Living Room Separate, Great Room, Inside Utility, Loft, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Cabana, Guest House, Outdoor Kitchen, Tennis Court(s)
  • Pool Features: Gunite, Heated, In Ground, Lighting
  • Exterior Features: French Doors, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Tennis Court(s)
  • Roof: Tile
  • Pool Private: Yes
  • View: Pool, Tennis Court, Water
  • Waterfront: Yes
  • Road Surface Type: Concrete
  • Water View: Bay/Harbor - Full, Intracoastal Waterway
  • Water Access: Bay/Harbor, Intracoastal Waterway
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 115
  • Additional Water Information: Dock on bay, boat lift is mot warranted.
  • Water Frontage Feet Bay Harbor: 115
  • Disclosures: Lead Paint

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Zoned
  • Heating: Zoned
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: RE2
  • Parcel Number: 0110050014
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Oversized Lot
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Confirm all lease restrictions with Sarasota County.

Tax Info

  • Tax Annual Amount: 29981.73
  • Tax Lot: 6

Multi Family

  • Waterfront Features: Bay/Harbor
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2022 11/18/22 Sold $5,250,000 -8.7% $877 / Sq Ft
10/25/2022 10/25/22 Pending -- -- --
10/21/2022 10/21/22 Price Changed $5,750,000 -4.2% $960 / Sq Ft
10/14/2022 10/14/22 For Sale $5,999,000 0.0% $1,002 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/16/2022 08/16/22 For Sale $5,999,000 0.0% $1,002 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $5,999,000 0.0% $1,002 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
07/05/2022 07/05/22 Price Changed $5,999,000 -4.0% $1,002 / Sq Ft
05/04/2022 05/04/22 Price Changed $6,250,000 0.0% $1,044 / Sq Ft
05/04/2022 05/04/22 For Sale $6,250,000 -3.8% $1,044 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $6,500,000 +23.8% $1,085 / Sq Ft
05/26/2021 05/26/21 Sold $5,250,000 -11.0% $877 / Sq Ft View Prior Sale
03/22/2021 03/22/21 Pending -- -- --
10/02/2020 10/02/20 For Sale $5,900,000 -- $985 / Sq Ft
Source: Stellar MLS

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
2025 $51,861 $4,118,800 $3,013,200 $1,105,600
2024 $57,484 $4,321,100 $2,938,200 $1,382,900
2023 $57,484 $4,793,200 $3,164,400 $1,628,800
2022 $63,540 $5,308,300 $3,595,700 $1,712,600
2021 $29,982 $2,391,434 $0 $0
2020 $30,192 $2,358,416 $0 $0
2019 $29,310 $2,305,392 $0 $0
2018 $28,790 $2,262,406 $0 $0
2017 $28,694 $2,215,873 $0 $0
2016 $28,702 $3,443,600 $2,562,100 $881,500
2015 $29,257 $2,519,500 $1,639,400 $880,100
2014 $29,167 $2,106,508 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4529584

Stellar MLS

APN: 0110-05-0014

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