Seller's Agent in 2025
Joel Schemmel
DOUGLAS ELLIMAN
(941) 587-4894
35 in this area
344 Total Sales
7618 Midnight Pass Rd Sarasota, FL 34242
4
Beds
4.5
Baths
4,078
Sq Ft
0.88
Acres
Highlights
- 162 Feet of Lagoon Waterfront
- Access To Lagoon or Estuary
- Custom Home
- Phillippi Shores Elementary School Rated A
- In Ground Pool
- Gated Community
About This Home
As of August 2025Discover the potential of this property in the iconic Sanderling Club community, nestled on the desirable south end of Siesta Key. Whether you're dreaming of a new build or a restoration, this expansive lot offers endless possibilities in a prime waterfront location. The existing four-bedroom, four-and-a-half-bath residence features a two-car garage, solid block construction, durable roof, paver driveway and a pool. The interior has been stripped and is ready for your vision. While the property was affected by flooding during the hurricanes, it now presents a clean slate for creating your dream home. Located just minutes from the world-famous Siesta Key Beach and the charming village, this property is perfectly positioned to embrace island living. As part of the Sanderling Club, the only guard-gated, single-family neighborhood on Siesta Key, you’ll enjoy unparalleled privacy, luxury, and access to exclusive amenities, including private beach access, a historic clubhouse, tennis and pickleball courts and a marina. Whether you choose to refurbish or start fresh with a modern coastal retreat or a luxurious family estate, this is your chance to own a piece of paradise in one of Florida's most sought-after Gulf-front communities. Don't miss this remarkable opportunity to transform this property into your personal haven! The Sanderling Club has released renderings that envision a new era for its historic clubhouse and private waterfront setting. Potential assessments are being discussed.
Last Agent to Sell the Property
DOUGLAS ELLIMAN Brokerage Phone: 941-364-4000 License #3060476 Listed on: 12/18/2024
Last Buyer's Agent
DOUGLAS ELLIMAN Brokerage Phone: 941-364-4000 License #3060476 Listed on: 12/18/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,304
Year Built
- Built in 1950
Lot Details
- 0.88 Acre Lot
- 162 Feet of Lagoon Waterfront
- East Facing Home
- Mature Landscaping
- Oversized Lot
- Level Lot
- Irrigation Equipment
- Property is zoned RE2
HOA Fees
- $450 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Circular Driveway
Home Design
- Custom Home
- Slab Foundation
- Shingle Roof
- Block Exterior
- Stucco
Interior Spaces
- 4,078 Sq Ft Home
- Open Floorplan
- High Ceiling
- Gas Fireplace
- Thermal Windows
- Sliding Doors
- Great Room
- Family Room
- Living Room with Fireplace
- Breakfast Room
- Dining Room
- Home Office
- Inside Utility
- Laundry Room
- Utility Room
- Lagoon Views
- Security System Owned
- Attic
Flooring
- Concrete
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- En-Suite Bathroom
- Walk-In Closet
Pool
- In Ground Pool
- Gunite Pool
Outdoor Features
- Access To Lagoon or Estuary
- Open Dock
- Deck
- Covered Patio or Porch
- Rain Gutters
Location
- Flood Zone Lot
- Flood Insurance May Be Required
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Sarasota High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 5 / D
- Assessor Parcel Number 0127030011
Community Details
Overview
- Association fees include escrow reserves fund, management, private road, recreational facilities, security
- Pinnacle Comm Assoc Managment/ Amy Bryde Association, Phone Number (941) 893-7643
- Visit Association Website
- Siesta Properties Inc Community
- Sanderling Club, Siesta Key Subdivision
- Association Owns Recreation Facilities
- The community has rules related to deed restrictions
Recreation
- Tennis Courts
- Recreation Facilities
- Community Playground
Security
- Security Service
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 18, 2024
Closed on
Aug 18, 2025
Sold by
Amato John and John And Nancy Amato Revocable Trust
Bought by
Burned 4 Life Llc
Seller's Agent
Joel Schemmel
DOUGLAS ELLIMAN
Buyer's Agent
Joel Schemmel
DOUGLAS ELLIMAN
List Price
$1,765,000
Sold Price
$1,115,000
Premium/Discount to List
-$650,000
-36.83%
Views
154
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34181.60%
Original Mortgage
$1,501,120
Outstanding Balance
$1,501,120
Interest Rate
6.67%
Mortgage Type
Construction
Estimated Equity
$277,486
Purchase Details
Closed on
May 2, 2022
Sold by
Amato John J and Amato Nancy J
Bought by
John And Nancy Amato Revocable Trust
Purchase Details
Listed on
Jan 31, 2017
Closed on
Mar 5, 2018
Sold by
Albano Salvatore J and Albano Peggy A
Bought by
Amato John and Amato Nancy J
Seller's Agent
Stephanie Church
COLDWELL BANKER REALTY
Buyer's Agent
Dion Souza
SARABAY REAL ESTATE INC
List Price
$1,635,000
Sold Price
$1,200,000
Premium/Discount to List
-$435,000
-26.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%
Original Mortgage
$960,000
Interest Rate
4.15%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 31, 2017
Closed on
Feb 22, 2018
Sold by
Ballinger Cheryl Cornetet and Aulicino Cheryl B
Bought by
Albano Salvatore J and Albano Peggy A
Seller's Agent
Stephanie Church
COLDWELL BANKER REALTY
Buyer's Agent
Dion Souza
SARABAY REAL ESTATE INC
List Price
$1,635,000
Sold Price
$1,200,000
Premium/Discount to List
-$435,000
-26.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
4.15%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 15, 2004
Sold by
1186809 Ontario Ltd
Bought by
Albano Salvatore J and Albano Peggy A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.97%
Mortgage Type
Credit Line Revolving
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,115,000 | None Listed On Document | |
| Quit Claim Deed | -- | Millman Law Group Pllc | |
| Warranty Deed | $1,200,000 | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Warranty Deed | $835,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,501,120 | Construction | |
| Previous Owner | $960,000 | New Conventional | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $500,000 | Unknown | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $150,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2025 08/18/25 | Sold | $1,115,000 | -13.9% | $273 / Sq Ft |
| 07/11/2025 07/11/25 | Pending | -- | -- | -- |
| 05/14/2025 05/14/25 | Price Changed | $1,295,000 | -7.2% | $318 / Sq Ft |
| 03/24/2025 03/24/25 | Price Changed | $1,395,000 | -12.5% | $342 / Sq Ft |
| 02/20/2025 02/20/25 | Price Changed | $1,595,000 | -9.6% | $391 / Sq Ft |
| 12/18/2024 12/18/24 | For Sale | $1,765,000 | +47.1% | $433 / Sq Ft |
| 03/06/2018 03/06/18 | Sold | $1,200,000 | -7.3% | $317 / Sq Ft |
| 01/21/2018 01/21/18 | Pending | -- | -- | -- |
| 09/01/2017 09/01/17 | Price Changed | $1,295,000 | -0.1% | $342 / Sq Ft |
| 07/07/2017 07/07/17 | Price Changed | $1,295,999 | -20.7% | $342 / Sq Ft |
| 01/31/2017 01/31/17 | For Sale | $1,635,000 | -- | $432 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $21,705 | $1,889,206 | -- | -- |
| 2023 | $21,705 | $1,834,181 | $0 | $0 |
| 2022 | $19,738 | $1,652,700 | $837,100 | $815,600 |
| 2021 | $14,063 | $1,146,700 | $572,500 | $574,200 |
| 2020 | $12,421 | $942,500 | $473,400 | $469,100 |
| 2019 | $12,037 | $918,000 | $473,400 | $444,600 |
| 2018 | $10,167 | $803,572 | $0 | $0 |
| 2017 | $10,130 | $787,044 | $0 | $0 |
| 2016 | $10,127 | $802,300 | $428,100 | $374,200 |
| 2015 | $10,319 | $773,600 | $393,800 | $379,800 |
| 2014 | $10,285 | $748,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Joel Schemmel
-
Stephanie Church
Seller's Agent in 2018
Stephanie Church
COLDWELL BANKER REALTY
(941) 724-5448
2 in this area
88 Total Sales
-
Dion Souza
Buyer's Agent in 2018
Dion Souza
SARABAY REAL ESTATE INC
(941) 302-3881
28 in this area
76 Total Sales
Map
Source: Stellar MLS
MLS Number: A4631568
APN: 0127-03-0011
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