NOT LISTED FOR SALE

7433 Midnight Pass Rd Sarasota, FL 34242

Estimated Value: $3,758,402 - $4,713,000

5 Beds
6 Baths
5,300 Sq Ft
$769/Sq Ft Est. Value

Last Sold October 26, 2020

Last sale price $2,650,000 $500 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $24,524/month

162 Days on Market

Highlights

  • 110 Feet of Waterfront
  • Dock made with wood
  • In Ground Spa
  • Phillippi Shores Elementary School Rated A
  • Boat Lift
  • Open Floorplan

About This Home

As of October 2020

A perfect fusion of sophistication, elegance, and coastal allure – this waterfront estate epitomizes the luxurious Florida lifestyle. Situated behind the private gates of Siesta Key’s desirable Midnight Harbor community, tranquility fills the senses upon arrival. Through the double door entry, high ceilings, rich wood floors and enchanting views invite you inside. On the main level, effortless entertaining is experienced throughout the grand great room and living room with stone hearth. The marvelous kitchen impresses the most discerning chef with expansive breakfast bar, elaborate island, and Thermador and Sub-Zero appliances complemented by the adjacent formal dining room and dining nook. Stay amidst the action while you prepare the meal as guests mingle from inside to the breathtaking terraces. End events at the wet bar area with Sub-Zero wine fridge. Every lavish detail has been thoughtfully executed to treasure the life you deserve. Pleasing family and guests, the first floor features two guest suites and a stately office while upstairs offers two additional bedrooms and an oversized balcony with canal views. The master retreat is fit for royalty, presenting serene tropical backdrop from extensive windows and French doors and a spa-inspired en-suite bath boasting a steam shower, soaking tub and chandeliers. The home is your private sanctuary that beautifully embraces the idyllic outdoor setting with seamless flow onto the covered terrace and out to the open pool deck with spa, and mere steps to your boat dock.

Last Agent to Sell the Property

steve mularky

LACEY REALTY INC License #3428792 Listed on: 03/31/2020

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,436

Year Built

  • Built in 2002

Lot Details

  • 0.37 Acre Lot
  • 110 Feet of Waterfront
  • Property fronts a saltwater canal
  • West Facing Home
  • Fenced
  • Mature Landscaping
  • Metered Sprinkler System
  • Property is zoned RSF1

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Secured Garage or Parking
  • Open Parking

Home Design

  • Contemporary Architecture
  • Florida Architecture
  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,300 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Bar Fridge
  • Crown Molding
  • Coffered Ceiling
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • French Doors
  • Sliding Doors
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Sun or Florida Room
  • Storage Room
  • Canal Views
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Engineered Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Low Flow Plumbing Fixtures

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Gate
  • Security Fence, Lighting or Alarms
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Lighting

Pool

  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Pool Tile

Outdoor Features

  • Access to Saltwater Canal
  • Dock has access to water
  • Seawall
  • Boat Lift
  • Dock made with wood
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Natural Gas Connected
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Midnight Harbor Sub Community
  • Midnight Harbor Sub Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,436

Year Built

Built in 2002

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Florida
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: Yes
  • Living Area: 5300
  • Lot Size Acres: 0.37
  • New Construction: No
  • Year Built: 2002
  • Building Area Total: 7017
  • Lot Size Sq Ft: 16004
  • Directions to Property: West on Stickney Point Rd to south on Midnight Pass Rd, just past Sanderling Club entrance, home on east (left) side of road.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4464297?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4464297?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.88333
  • Price per Sq Ft: 500
  • Close to Original List Price Ratio: 0.88333
  • Ratio: Current Price\Building Area Total: 377.65
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Engineered Hardwood, Marble
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 7433
  • Room Count: 15
  • Additional Rooms: Attic, Den/Library/Office, Family Room, Florida Room, Formal Dining Room Separate, Formal Living Room Separate, Storage Rooms
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: West
  • Pool Features: Gunite, Heated, Salt Water, Tile
  • Exterior Features: Balcony, Fenced, French Doors, Irrigation System, Lighting, Rain Gutters, Sliding Doors, Sprinkler Metered
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Front Porch, Patio, Porch
  • Water View: Canal
  • Water Access: Canal - Saltwater
  • Water Extras: Dock - Wood, Dock w/Water Supply, Lift, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0207F
  • Waterfront Frontage: 110
  • Additional Water Information: Just houses to ICW
  • Water Frontage Feet Canal Salt: 110
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener, Oversized
  • Covered Parking Spaces: 4
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Closed Circuit Camera(s), Fire Alarm, Security Fencing/Lighting/Alarms, Secured Garage/Parking, Security Gate, Security System Owned, Smoke Detector(s)
  • 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: RSF1
  • Parcel Number: 0110120010
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Lighting
  • Green Water Conservation: Low-Flow Fixtures

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Per Sarasota County Rules/Regulations

Tax Info

  • Tax Annual Amount: 15435.91
  • Tax Book Number: 11-1
  • Tax Lot: 7

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2020
Closed on
Oct 26, 2020
Sold by
Szuch Ronald and Mularky Steven
Seller's Agent
steve mularky
LACEY REALTY INC
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$3,000,000
Sold Price
$2,650,000
Premium/Discount to List
-$350,000
-11.67%
Current Estimated Value
$4,077,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,427,601
Avg. Annual Appreciation
9.21%
Original Mortgage
$1,500,000
Outstanding Balance
$1,330,621
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$2,760,493

Purchase Details

Listed on
Jun 25, 2018
Closed on
Aug 21, 2018
Sold by
Rinker Dumford Raeni L and The Raeni L Rinker Dumford Rev
Bought by
Szuch Ronald and Mularky Steven
Seller's Agent
Marianne LeBar
ROSEBAY INTERNATIONAL REALTY, INC
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$2,100,000
Sold Price
$1,375,000
Premium/Discount to List
-$725,000
-34.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.12%
Original Mortgage
$9,625
Interest Rate
4.51%

Purchase Details

Closed on
Jun 17, 2011
Sold by
Rinker Dumford Raeni
Bought by
Raeni L Rinker Dumford Revocable Trust and Rinker Dumford Raeni L

Purchase Details

Closed on
Sep 14, 2004
Sold by
Pirkey Judith
Bought by
Rinker Dumford Raeni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000
Interest Rate
5.78%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 11, 2003
Sold by
J P Special Ent L L C
Bought by
Pirkey Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.32%

Purchase Details

Closed on
Nov 30, 2000
Sold by
Pirkey Judith P
Bought by
J P Special Enterprises L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.82%
Source: Public Records

Range of Values:

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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
-- $2,650,000 Attorney
Szuch Ronald $1,375,000 Attorney
Raeni L Rinker Dumford Revocable Trust -- Attorney
Rinker Dumford Raeni $2,200,000 --
Pirkey Judith -- --
J P Special Enterprises L L C -- --
Pirkey Judith P $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $1,500,000
Previous Owner Rinker Dumford Raeni $2,000
Previous Owner Pirkey Judith $500,000
Previous Owner Pirkey Judith P $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2020 10/26/20 Sold $2,650,000 -11.7% $500 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
03/31/2020 03/31/20 For Sale $3,000,000 +118.2% $566 / Sq Ft
08/22/2018 08/22/18 Sold $1,375,000 -34.5% $264 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
06/25/2018 06/25/18 For Sale $2,100,000 -- $403 / Sq Ft
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 $34,877 $3,039,266 -- --
2023 $34,877 $2,950,744 $0 $0
2022 $34,122 $2,864,800 $999,600 $1,865,200
2021 $26,375 $2,093,400 $780,400 $1,313,000
2020 $19,214 $1,594,100 $551,200 $1,042,900
2019 $15,436 $1,179,100 $430,900 $748,200
2018 $20,559 $1,589,400 $655,400 $934,000
2017 $22,237 $1,693,900 $655,400 $1,038,500
2016 $21,888 $1,692,800 $715,200 $977,600
2015 $19,923 $1,463,900 $472,700 $991,200
2014 $17,891 $1,317,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4464297

Stellar MLS

APN: 0110-12-0010