$1,100,000
SOLD APR 29, 2016

8201 Midnight Pass Rd Sarasota, FL 34242

0.26 Acre
$4,230,769 Price per Acre
11,326 Sq Ft Lot

Recently Sold

$327 Per Sq Ft

21% Below List Price

567 Days on Market

Highlights

  • White Water Ocean Views
  • Property fronts an intracoastal waterway
  • No HOA
  • Phillippi Shores Elementary School Rated A
  • Boat Slip Deeded
  • Level Lot

About This Lot

As of July 2024

Gorgeous Bayfront lot on the south end of Siesta Key with wide open views of the bay. Sailboat water and on the intercoastal waterway. Mature landscape with dock in place. Located near Crescent and Turtle Beach with great restaurants close by.

Last Agent to Sell the Property

Cynthia Brock

GULF SANDS REALTY, LLC License #3230320 Listed on: 09/16/2014

Last Buyer's Agent

Karen Greco

GRECO REAL ESTATE License #0405884

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,389

Year Built

  • 1981

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 85x158x62x151
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • Level Lot
  • Cleared Lot
  • Property is zoned RSF2

Property Views

  • White Water Ocean
  • Intracoastal

Listing and Financial Details

  • Legal Lot and Block 2 / A
  • Assessor Parcel Number 0128020016

Community Details

Overview

  • No Home Owners Association
  • Ocean View Community
  • Ocean View Subdivision

Recreation

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Boat Slip Deeded

Property Details

Property Type

Land

Est. Annual Taxes

$12,389

Year Built

1981

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.26
  • Lot Size Sq Ft: 11324
  • Directions to Property: From US Hwy 41 take Stickney Point Rd to Siesta Key, turn left onto Midnight Pass Rd to 8201 Midnight Pass Rd. Located on the left.
  • Status: Sold
  • Ownership: Fee Simple
  • List Office Head Office Key Nume: 1047116
  • RATIO Current Price By Calculate: 97.14
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 1
  • Tax Year: 2015
  • Special Features: VirtualTour
  • Year Built: 1981

Interior Features

  • Street Number Modifier: 8201

Exterior Features

  • Home Warranty: No
  • View: Water
  • Waterfront: Yes
  • Water Access: Bay/Harbor,Intracoastal Waterway
  • Water Extras: Dock - Slip Deeded On-Site,Sailboat Water
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full,Intracoastal Waterway
  • Water View YN: 1

Utilities

  • Utilities: Electricity Available, Public, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0128020016
  • Additional Parcels: No
  • Current Use: Single Family
  • Lot Features: Cleared, In County, Level, Paved
  • Lot Dimensions: 85X158X62X151
  • Current Adjacent Use: Residential

Tax Info

  • Tax Annual Amount: 12389
  • Tax Block: A
  • Tax Book Number: 2-32
  • Tax Lot: 2

Multi Family

  • Waterfront Features: Bay/Harbor, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2022
Closed on
Jul 12, 2024
Sold by
Sommers Kenneth T and Sommers Marina Y
Bought by
Bennett Robert B and Bennett Laurie P
Seller's Agent
Kandy Magnotti
COLDWELL BANKER REALTY
Buyer's Agent
Monica Verinder
COLDWELL BANKER REALTY
List Price
$6,500,000
Sold Price
$4,125,000
Premium/Discount to List
-$2,375,000
-36.54%
Total Days on Market
567
Views
243
Current Estimated Value
$4,070,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$54,933
Avg. Annual Appreciation
-0.50%
Original Mortgage
$3,000,000
Outstanding Balance
$2,977,301
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$1,129,814

Purchase Details

Listed on
Dec 20, 2018
Closed on
Apr 10, 2019
Sold by
Hall Richard M and Hall Melissa L
Bought by
Sommers Kenneth T and Sommers Marina Y
Seller's Agent
Karen Greco
GRECO REAL ESTATE
Buyer's Agent
Nora Johnson
MICHAEL SAUNDERS & COMPANY
List Price
$3,995,000
Sold Price
$3,500,000
Premium/Discount to List
-$495,000
-12.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.17%

Purchase Details

Listed on
Sep 16, 2014
Closed on
Apr 26, 2016
Sold by
Sinclair Susan Elizabth
Bought by
Hall Richard M and Hall Melissa L
Seller's Agent
Cynthia Brock
GULF SANDS REALTY, LLC
Buyer's Agent
Karen Greco
GRECO REAL ESTATE
List Price
$1,399,000
Sold Price
$1,100,000
Premium/Discount to List
-$299,000
-21.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.05%

Purchase Details

Listed on
Jan 27, 2010
Closed on
Aug 19, 2013
Sold by
Bittner Eugene and Bittner Denise L
Bought by
Sinclair Susan Elizabeth
Seller's Agent
Marni Hayden
CHROME REALTY LLC
Buyer's Agent
Greg Brock
GULF SANDS REALTY, LLC
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.51%

Purchase Details

Closed on
Aug 11, 2005
Sold by
Hodges John M
Bought by
Bittner Eugene and Bittner Denise L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.86%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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 $4,125,000 None Listed On Document
Warranty Deed $3,500,000 Attorney
Warranty Deed $1,100,000 Msc Title Inc
Warranty Deed $650,000 Attorney
Warranty Deed $1,800,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 New Conventional
Previous Owner $350,000 Stand Alone Second
Previous Owner $150,000 Credit Line Revolving
Previous Owner $1,350,000 Negative Amortization
Previous Owner $90,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2024 07/17/24 Sold $4,125,000 -8.3% $819 / Sq Ft
05/16/2024 05/16/24 Pending -- -- --
04/18/2024 04/18/24 Price Changed $4,500,000 -10.0% $894 / Sq Ft
03/01/2024 03/01/24 Price Changed $4,999,000 -4.8% $993 / Sq Ft
01/10/2024 01/10/24 Price Changed $5,249,000 -4.5% $1,043 / Sq Ft
09/18/2023 09/18/23 Price Changed $5,495,000 -8.4% $1,092 / Sq Ft
05/03/2023 05/03/23 Price Changed $5,999,995 -7.7% $1,192 / Sq Ft
11/30/2022 11/30/22 For Sale $6,500,000 +85.7% $1,291 / Sq Ft
07/09/2019 07/09/19 Off Market $3,500,000 -- --
04/10/2019 04/10/19 Sold $3,500,000 -10.1% $842 / Sq Ft
03/12/2019 03/12/19 Pending -- -- --
02/26/2019 02/26/19 Price Changed $3,895,000 -2.5% $937 / Sq Ft
12/20/2018 12/20/18 For Sale $3,995,000 +263.2% $961 / Sq Ft
08/01/2016 08/01/16 Off Market $1,100,000 -- --
04/29/2016 04/29/16 Sold $1,100,000 -8.3% $327 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
04/02/2016 04/02/16 Price Changed $1,199,000 -7.7% $356 / Sq Ft
03/09/2016 03/09/16 Price Changed $1,299,000 -7.1% $386 / Sq Ft
03/07/2016 03/07/16 For Sale $1,399,000 0.0% $416 / Sq Ft
02/25/2016 02/25/16 Pending -- -- --
11/28/2015 11/28/15 Price Changed $1,399,000 -3.5% $416 / Sq Ft
10/23/2015 10/23/15 Price Changed $1,450,000 -3.3% $431 / Sq Ft
10/18/2015 10/18/15 Price Changed $1,499,000 -5.7% $446 / Sq Ft
10/14/2015 10/14/15 Price Changed $1,590,000 -5.4% $473 / Sq Ft
03/16/2015 03/16/15 For Sale $1,680,000 +52.7% $499 / Sq Ft
03/15/2015 03/15/15 Off Market $1,100,000 -- --
09/16/2014 09/16/14 For Sale $1,680,000 +158.5% $499 / Sq Ft
08/19/2013 08/19/13 Sold $650,000 0.0% $312 / Sq Ft
08/13/2012 08/13/12 Pending -- -- --
01/27/2010 01/27/10 For Sale $650,000 -- $312 / 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 $48,558 $3,497,442 -- --
2023 $48,558 $4,889,500 $1,493,200 $3,396,300
2022 $43,719 $4,298,500 $1,278,000 $3,020,500
2021 $35,300 $2,997,500 $946,500 $2,051,000
2020 $30,554 $2,388,800 $699,900 $1,688,900
2019 $30,169 $2,447,300 $636,300 $1,811,000
2018 $10,857 $867,500 $859,800 $7,700
2017 $11,037 $866,600 $859,800 $6,800
2016 $11,080 $853,000 $850,800 $2,200
2015 $12,389 $928,900 $927,100 $1,800
2014 $11,886 $928,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4105079

Stellar MLS

APN: 0128-02-0016