PENDING
$470K PRICE DROP
7618 Midnight Pass Rd Sarasota, FL 34242
Estimated payment $9,461/month
Total Views
14,484
4
Beds
4.5
Baths
4,078
Sq Ft
$318
Price per Sq Ft
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
Under contract-accepting backup offers. Discover 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.
Listing Agent
PREMIER SOTHEBY'S INTERNATIONAL REALTY 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
Map
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Home Values in the Area
Average Home Value in this Area
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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| 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 |
|---|---|---|---|
| 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
Similar Homes in Sarasota, FL
Source: Stellar MLS
MLS Number: A4631568
APN: 0127-03-0011
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