NOT LISTED FOR SALE

7501 Midnight Pass Rd Sarasota, FL 34242

Estimated Value: $4,749,000 - $8,130,974

4 Beds
4 Baths
3,133 Sq Ft
$2,234/Sq Ft Est. Value

Last Sold July 06, 2020

Last sale price $1,900,000 $606 Per Sq Ft

Est. 268% increase in value since last sale

Current estimated payment $39,538/month

425 Days on Market

Highlights

  • 143 Feet of Waterfront
  • White Water Ocean Views
  • Access To Intracoastal Waterway
  • Phillippi Shores Elementary School Rated A
  • Guest House
  • Dock made with wood

About This Home

As of July 2020

Designed by one of the fathers of the Sarasota School of Architecture, this waterfront Siesta Key estate by architect Victor Lundy is a step back into mid-century Florida. Crowning majestic views of Little Sarasota Bay, an Eden of tropical plantings, mature shade trees, and vibrant flowers surround the private 1.4-acre property. The four-bedroom home is the epitome of Sarasota modern with honest materials, an open floor plan, ample natural light, built-in cross ventilation, walls of glass, and an unmatched expression of indoor/outdoor living. Lovingly maintained, architecture enthusiasts will appreciate many features authentic to the original 1958 home, including wood siding, Ocala block, jalousie windows, terrazzo floors and more. Gracious areas for entertaining extend onto covered outdoor areas and sun dappled screened lanais. Restore, update, adapt the design, or build your own dream home to suit your taste and lifestyle needs. The expansive pool area is wrapped with a near-forest of tropical trees. Stone walkways, verdant gardens, and outdoor decks encourage enjoyment of the beautiful Florida setting. Poised on Little Sarasota Bay, spot dolphins, fish, and explore the sparkling waterways of the region from your dock. Walk or bike to Siesta Beach, renowned as one of the best beaches in the nation with soft white sands and warm Gulf waters.

Last Agent to Sell the Property

Lenore Treiman

MICHAEL SAUNDERS & COMPANY License #0511583 Listed on: 03/08/2019

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Kristina Waskom

MICHAEL SAUNDERS & COMPANY License #3053404

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,497

Year Built

  • Built in 1958

Lot Details

  • 1.4 Acre Lot
  • 143 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Street terminates at a dead end
  • West Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Property is zoned RSF1

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 3,133 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Sliding Doors
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Bonus Room
  • Inside Utility
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • Circular Driveway
  • Guest Parking
  • Open Parking

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Seawall
  • Dock made with wood
  • Enclosed Patio or Porch

Additional Homes

  • Guest House

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Zoned Heating and Cooling System
  • Natural Gas Connected
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sub Of Us Lt 7 Of 20 37 18 Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,497

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete
  • Fireplace: Yes
  • Living Area: 3133
  • Lot Size Acres: 1.4
  • New Construction: No
  • Year Built: 1958
  • Building Area Total: 5869
  • Lot Size Sq Ft: 61000
  • Directions to Property: Turn right onto Stickney Point Road, left onto Midnight Pass Road, 0.9 miles turn left onto Starboard Road and travel east toward the Bay. Property is at the end of the street.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4429790&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4429790&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: Yes
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.95
  • Price per Sq Ft: 606.45
  • Close to Original List Price Ratio: 0.63439
  • Ratio: Current Price\Building Area Total: 323.73
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Terrazzo, Tile
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Master Bedroom Main Floor, Split Bedroom, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Window Treatments
  • Street Number Modifier: 7501
  • Room Count: 12
  • Additional Rooms: Bonus Room, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Other Structures: Guest House
  • Pool Features: Heated, In Ground, Screen Enclosure
  • Exterior Features: Sliding Doors
  • Roof: Built-Up
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End
  • View: Water
  • Water Body Name: Intracoastal Waterway
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Screened
  • Water View: Bay/Harbor - Full, Intracoastal Waterway
  • Water Access: Bay/Harbor, Intracoastal Waterway
  • Water Extras: Dock - Wood, Seawall - Other
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0207F
  • Waterfront Frontage: 143
  • Water Frontage Feet I C W: 143
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Circular Driveway, Guest, Open
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
  • Cooling: Central Air, Wall/Window Unit(s), Zoned
  • Heating: Central, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0110110017
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, In County, Oversized Lot
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Sarasota County Ordinances

Tax Info

  • Tax Annual Amount: 12497.23
  • Tax Book Number: 5-13
  • Tax Lot: 3

Multi Family

  • Waterfront Features: Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2023
Sold by
Zobrist Kelly and Zobrist Craig
Bought by
Zobrist Kelly and Zobrist Craig
Current Estimated Value
$6,997,991

Purchase Details

Listed on
Mar 8, 2019
Closed on
Jul 6, 2020
Sold by
Culotta Anne O and Thomas A O Malley Trust
Bought by
Island Breeze Llc
Seller's Agent
Lenore Treiman
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Kristina Waskom
MICHAEL SAUNDERS & COMPANY
List Price
$1,999,999
Sold Price
$1,900,000
Premium/Discount to List
-$99,999
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.19%

Purchase Details

Closed on
Jul 8, 1998
Sold by
Omalley Thomas A and Omalley Margaret Mary
Bought by
Omalley Thomas A and Omalley Trhomas A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Zobrist Kelly $100 None Listed On Document
Zobrist Kelly $100 None Listed On Document
Island Breeze Llc $1,900,000 Attorney
Omalley Thomas A -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2020 07/06/20 Sold $1,900,000 -5.0% $606 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $1,999,999 0.0% $638 / Sq Ft
04/20/2020 04/20/20 Pending -- -- --
03/05/2020 03/05/20 Price Changed $1,999,999 -7.0% $638 / Sq Ft
02/21/2020 02/21/20 Price Changed $2,150,000 -14.0% $686 / Sq Ft
07/30/2019 07/30/19 Price Changed $2,500,000 -9.1% $798 / Sq Ft
05/17/2019 05/17/19 Price Changed $2,750,000 -8.2% $878 / Sq Ft
03/08/2019 03/08/19 For Sale $2,995,000 -- $956 / 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 $29,228 $7,244,200 $2,405,200 $4,839,000
2023 $29,228 $2,694,100 $2,593,100 $101,000
2022 $26,816 $2,442,100 $2,356,900 $85,200
2021 $22,945 $1,873,700 $1,841,500 $32,200
2020 $25,529 $1,989,000 $1,738,600 $250,400
2019 $12,497 $987,371 $0 $0
2018 $12,270 $968,961 $0 $0
2017 $12,225 $949,031 $0 $0
2016 $12,196 $2,267,500 $1,953,400 $314,100
2015 $12,428 $1,606,200 $1,280,800 $325,400
2014 $12,388 $902,191 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4429790

Stellar MLS

APN: 0110-11-0017