$1,640,000
SOLD JUN 17, 2014

8037 Midnight Pass Rd Sarasota, FL 34242

4 Beds
5 Baths
4,059 Sq Ft
0.26 Acres

Recently Sold

$404 Per Sq Ft

14% Below List Price

107 Days on Market

Highlights

  • Boathouse
  • 95 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Phillippi Shores Elementary School Rated A
  • White Water Ocean Views
  • Deeded Boat Dock

About This Home

As of February 2025

Bayfront, exceptional home offers 180 degree views of the Intracoastal Waterway and across to the mainland of Sarasota. Distinguished elegance, with Southern Charm sophistication, is throughout this Key West style home. Just installed new wood flooring on first floor living area. Major renovation in 1986. Features include French doors, impact resistance half-round windows and sliders that provide a panorama onto the fabulous bay and intracoastal views. Master suite is on the second floor and includes a wood burning fireplace. The master bath has been redone with marble and travertine, delivering an elegant retreat from a long day. New full bath adjoins large first floor bedroom for option of a second master suite with sitting room. There are laundry areas on both levels. Natural stone counters, new Bosch dishwasher and bay views from the kitchen. Enjoy morning coffee and captivating sunrises from the adjoining veranda that leads to a 68' lap pool and spa surrounded by marble. His and her offices plus a media room give a family options for privacy. The 90' dock leads to a one-of-a-kind deep water vessel dock with a boat house and additional dock space for two additional large boats. Enjoy the quiet, outdoor lifestyle of the south end of Siesta Key and still be convenient to the recently named "#1 Beach in the USA" and the restaurants and shops of the Village.

Last Agent to Sell the Property

Sandra Strom

Brokerage Phone: 941-966-8000 License #0383075 Listed on: 12/02/2013

Co-Listed By

Jerry Strom

STROM & STROM LLC Brokerage Phone: 941-966-8000 License #0389587

Last Buyer's Agent

Mike Holderness

SARABAY REAL ESTATE INC License #0593277

SARABAY REAL ESTATE INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,759

Year Built

  • Built in 1927

Lot Details

  • 0.26 Acre Lot
  • 95 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Fenced
  • Mature Landscaping
  • Well Sprinkler System
  • Landscaped with Trees
  • Property is zoned RSF2

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Guest Parking

Property Views

  • White Water Ocean
  • Intracoastal
  • Pool

Home Design

  • Key West Architecture
  • Bi-Level Home
  • Slab Foundation
  • Metal Roof
  • Stucco

Interior Spaces

  • 4,059 Sq Ft Home
  • Wet Bar
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • French Doors
  • Family Room
  • Home Theater
  • Den
  • Loft
  • Bonus Room

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Saltwater Pool
  • Spa
  • Outdoor Shower
  • Auto Pool Cleaner

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Boat Lift
  • Boathouse
  • Deeded Boat Dock
  • Balcony
  • Deck
  • Covered Patio or Porch

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mira Mar Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0127150002

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,759

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Key West
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 4059
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 1927
  • Building Area Total: 5273
  • Lot Size Sq Ft: 11188
  • Directions to Property: SOUTH OF STICKNEY POINT (1 1/2 MILES) BAYSIDE-YELLOW WALL
  • Status: Sold
  • Co List Office Mls Id: MFR281502349
  • Co List Office Phone: 941-966-8000
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1046728
  • RATIO Current Price By Calculate: 404.04
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • MFR_DockDescription: Dock - Slip Deeded On-Site
  • Attribution Contact: 941-966-8000
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Marble
  • Full Bathrooms: 5
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Skylight(s), Solid Wood Cabinets, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Yn: Yes
  • Street Number Modifier: 8037
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Den/Library/Office,Family Room,Loft,Media Room
  • Living Area Meters: 377.09
  • Room Count: 11

Exterior Features

  • Direction Faces: West
  • Other Structures: Boat House
  • Pool Features: Auto Cleaner, Heated, Salt Water
  • Exterior Features: Balcony, French Doors, Irrigation System, Outdoor Shower
  • Roof: Metal
  • Home Warranty: No
  • Pool Private: Yes
  • View: Pool, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Access: Bay/Harbor,Gulf/Ocean,Intracoastal Waterway
  • Water Extras: Boathouse,Lift,Sailboat Water
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 95

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener, Guest

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sprinkler Well
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Security: Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: None

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0127150002
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: FloodZone
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Future Land Use: 0100

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 17759
  • Tax Book Number: 0001/0185

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2024
Closed on
Feb 10, 2025
Sold by
Held John R and Held Mary E
Bought by
Fortin Albert J
Seller's Agent
Wayne Cherry
PROGRAM REALTY, LLC
Buyer's Agent
Taylor Thompson
WILLIAM RAVEIS REAL ESTATE
List Price
$2,500,000
Sold Price
$2,000,000
Premium/Discount to List
-$500,000
-20%
Views
29
Current Estimated Value
$2,033,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,495
Avg. Annual Appreciation
3.01%
Original Mortgage
$1,800,000
Outstanding Balance
$1,792,404
Interest Rate
6.91%
Mortgage Type
Credit Line Revolving
Estimated Equity
$241,091

Purchase Details

Closed on
Sep 28, 2018
Sold by
Lasky Honig Stanton C and Lasky Ferrer Jody
Bought by
Ferrer Jody Lasky

Purchase Details

Listed on
Dec 2, 2013
Closed on
Jun 17, 2014
Sold by
Strom Paul J and Strom Sandra S
Bought by
Held John R and Held Mary E
Seller's Agent
Sandra Strom
Buyer's Agent
Mike Holderness
SARABAY REAL ESTATE INC
List Price
$1,899,000
Sold Price
$1,640,000
Premium/Discount to List
-$259,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.94%
Original Mortgage
$1,148,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 1998
Sold by
Boring Steele and Boring Shirley J
Bought by
Mcswain Ronald H and Mcswain Phyllis A
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,000,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Warranty Deed $1,640,000 Attorney
Warranty Deed $707,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,800,000 Credit Line Revolving
Previous Owner $300,000 Credit Line Revolving
Previous Owner $1,148,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $800,000 Unknown
Previous Owner $250,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2025 02/12/25 Sold $2,000,000 -16.7% $476 / Sq Ft
12/18/2024 12/18/24 Pending -- -- --
11/29/2024 11/29/24 Price Changed $2,400,000 -4.0% $571 / Sq Ft
10/29/2024 10/29/24 For Sale $2,500,000 +52.4% $595 / Sq Ft
06/17/2014 06/17/14 Sold $1,640,000 -6.3% $404 / Sq Ft
03/20/2014 03/20/14 Pending -- -- --
03/03/2014 03/03/14 Price Changed $1,750,000 -2.7% $431 / Sq Ft
02/03/2014 02/03/14 Price Changed $1,799,000 -5.3% $443 / Sq Ft
12/02/2013 12/02/13 For Sale $1,899,000 -- $468 / 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 $16,578 $1,418,907 -- --
2023 $16,578 $1,377,580 $0 $0
2022 $15,605 $1,287,845 $0 $0
2021 $15,501 $1,250,335 $0 $0
2020 $15,607 $1,233,072 $0 $0
2019 $15,010 $1,192,500 $660,800 $531,700
2018 $16,593 $1,318,800 $791,000 $527,800
2017 $17,983 $1,370,800 $791,000 $579,800
2016 $15,863 $1,176,300 $798,200 $378,100
2015 $20,116 $1,465,000 $1,043,700 $421,300
2014 $17,751 $1,296,777 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3988714

Stellar MLS

APN: 0127-15-0002