$750,000
SOLD DEC 8, 2021

8234 Midnight Pass Rd Sarasota, FL 34242

3 Beds
2 Baths
1,758 Sq Ft
9,715 Sq Ft Lot

Recently Sold

$427 Per Sq Ft

21% Below List Price

112 Days on Market

Highlights

  • 51 Feet of Waterfront
  • Dock Has No Access To Electricity
  • In Ground Pool
  • Phillippi Shores Elementary School Rated A
  • Oak Trees
  • Home fronts a lagoon or estuary

About This Home

As of December 2021

INVESTOR ALERT - Lowest priced POOL & WATERFRONT home on Siesta Key. Close to nightlife but far enough away at the same time. No waiting on pool, roof or hurricane impact window permits, materials and contractors...they are already in place. Add the final components and choose your personal finishing touches and have ready to rent during Peak Season. The new metal roof was installed in 2021. Navien tankless water heater and Halo Five Stage Whole House Water Filtration & Conditioning System were added in 2017. In 2018 Impact Resistant and Energy Efficient windows, entry and patio doors were installed, which all have a lifetime warranty. An HVAC was system replaced in 2017 and new compressor in Sept. 2021. A disposal that can grind up almost anything was added in 2017. The LG Steam and Energy Efficient washer/dryer were added in Winter 2019. The charming exterior and back porch received a fresh coat of coastal paint color in Fall 2020 and much of the interior painted in neutral colors in 2021. Large gravel was added to the front yard and small shell to the back yard in 2020 to keep landscape upkeep at a minimum; however it also has a Sprinkler System which is currently not in use. The original terrazzo floors were restored and new water resistant vinyl tile added to remaining rooms in Summer 2021, making cleaning a breeze. This old Florida ranch home is perfect for those who do not do steps. Nature lovers, paddle boarders, kyakkers and those who enjoy fishing will appreciate the property's proximity, which is on the widest part of the 47-acre private Lagoon. Heron Lagoon lies within the Little Sarasota Bay Watershed and is home to many types of herons, woodpeckers, egrets and owls, ospry, hawks, otters, tortoise, armadillo, sea slugs and more. You will see Mullet fish fly through the air on almost a daily basis. Enjoy Siesta Key Sunsets right from your screened in porch (replaced in 2017) or sitting by the pool, which has a 2020 Jandy VS FloPro variable speed pump. The placid water and proximity to the Inter-coastal and Gulf of Mexico makes for outstanding photo opportunities and bird watching, rain or shine. Aside from the obvious items needed, you could add a TIKI Bar, electric bikes or a golf cart to get the most dollar out of your Key rental. Boaters could park their boat at the nearby Marina or park their small boat in the driveway, as there is no HOA in Ocean View. Ocean View is 7 miles from downtown and I-75. Turtle Beach is just one mile down Midnight Pass Road. Or, catch the daily free trolley down to one of the 12 beach access points or to Siesta Key Public Beach, and Siesta Key Village for dining, shopping and nightlife. It will stop right in front of the house. You could save on renting a car as most everything you would want is right on the Key. Recoup your investment for several years then tear down and build a new home that could sell for millions and provide a nice retirement. When using as an investment property, don't forget to block out a couple of weeks for owners use during the year to enjoy this beautiful lifestyle for yourself. There is nothing like it.

Last Agent to Sell the Property

Julia Montei

COLDWELL BANKER REALTY License #3340914 Listed on: 09/09/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

JoDene Moneuse

MICHAEL SAUNDERS & COMPANY License #3352154

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,493

Year Built

  • Built in 1958

Lot Details

  • 9,715 Sq Ft Lot
  • Lot Dimensions are 50x190
  • Home fronts a lagoon or estuary
  • 51 Feet of Waterfront
  • Street terminates at a dead end
  • West Facing Home
  • Dog Run
  • Wood Fence
  • Mature Landscaping
  • Irrigation
  • Cleared Lot
  • Oak Trees
  • Fruit Trees
  • Property is zoned RSF2

Property Views

  • Lagoon
  • Pool

Home Design

  • Florida Architecture
  • Bungalow
  • Slab Foundation
  • Shingle Roof
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 1,758 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Awning
  • French Doors
  • Storm Windows

Kitchen

  • Built-In Oven
  • Microwave

Flooring

  • Terrazzo
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Ground Level Parking
  • Driveway

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Roof
  • Whole House Water Purification

Pool

  • In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Pool Deck
  • Pool Lighting

Outdoor Features

  • Access To Lagoon or Estuary
  • Property is near a marina
  • Dock Has No Access To Electricity
  • Dock made with wood
  • Open Dock
  • Powered Boats Permitted
  • Deck
  • Covered patio or porch

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • Property is near public transit

Schools

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

Utilities

  • Humidity Control
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Thermostat
  • Natural Gas Connected
  • Water Filtration System
  • Tankless Water Heater
  • Cable TV Available

Community Details

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

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,493

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow, Florida, Ranch
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1758
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 1958
  • Lot Size Sq Ft: 9715
  • Directions to Property: Midnight Pass Road, South of Stickney Point, 1.5 miles down on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4511839?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4511839?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.88235
  • Price per Sq Ft: 426.62
  • Close to Original List Price Ratio: 0.78947
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Terrazzo, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Master Bedroom Main Floor, Thermostat, Vaulted Ceiling(s)
  • Appliances Included: Built-In Oven, Microwave, Refrigerator, Tankless Water Heater, Water Filtration System
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: In Ground
  • Stories: 1
  • Window Features: Storm Window(s)
  • Street Number Modifier: 8234
  • Room Count: 9

Exterior Features

  • Direction Faces: West
  • Pool Features: Deck, Gunite, In Ground, Lighting
  • Exterior Features: Awning(s), Dog Run, Fenced, French Doors, Irrigation System, Sidewalk
  • Roof: Metal, Shingle
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End
  • View: Pool, Water
  • Water Body Name: Heron Lagoon
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Front Porch, Patio, Porch, Rear Porch, Screened
  • Road Surface Type: Paved, Asphalt
  • Water View: Lagoon
  • Water Access: Lagoon
  • Water Extras: Dock - Open, Dock - Wood, Dock w/o Electric, Powerboats – None Allowed
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 51
  • Water Frontage Feet Lagoon: 51
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway, Ground Level
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Public, Sprinkler Meter, Water Connected
  • Cooling: Central Air, Humidity Control
  • Heating: Central, Electric, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Sidewalk
  • Association: No
  • Senior Community: No
  • S W Subdiv Condo Num: 491
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0128020005
  • Additional Parcels: No
  • Fencing: Wood
  • Lot Features: Cleared, Flood Insurance Required, FloodZone, In County, Near Marina, Near Public Transit, Sidewalk
  • Lot Dimensions: 50x190
  • Flood Zone Code: AE

Green Features

  • Efficiency: HVAC, Roof, Windows
  • Green Water Conservation: Whole House Water Purification

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Monthly lease minimum

Tax Info

  • Tax Annual Amount: 6492.69
  • Tax Block: B
  • Tax Book Number: 2-32
  • Tax Lot: 10

Multi Family

  • Waterfront Features: Lagoon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Dec 8, 2021
Sold by
Montei Julia and Montei Millenium Jkb
Bought by
Feinberg Heather and Milligan Mark
Seller's Agent
Julia Montei
COLDWELL BANKER REALTY
Buyer's Agent
JoDene Moneuse
MICHAEL SAUNDERS & COMPANY
List Price
$950,000
Sold Price
$750,000
Premium/Discount to List
-$200,000
-21.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.38%
Original Mortgage
$600,000
Outstanding Balance
$555,438
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$745,288

Purchase Details

Closed on
Feb 20, 2020
Sold by
Burton William K and Marsh Sue Ann
Bought by
Montei Julia and Montci Millenium Jkb

Purchase Details

Listed on
Jul 31, 2017
Closed on
Sep 1, 2017
Sold by
Adams Jimmie V
Bought by
The Montei Millennium Trust
Buyer's Agent
Julia Montei
COLDWELL BANKER REALTY
List Price
$595,000
Sold Price
$575,000
Premium/Discount to List
-$20,000
-3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.89%

Purchase Details

Closed on
May 20, 2010
Sold by
Apw Associates Llc
Bought by
Adams Lisa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,200
Interest Rate
5.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2002
Sold by
Peppi Wexler Alix and Peppi Elona
Bought by
A P W Assoc L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2001
Sold by
Kemmons Wilson Inc
Bought by
Zaher Sarwat and Morcos Ulanda

Purchase Details

Closed on
Jul 17, 2000
Sold by
Allen Mary C and Arana Javier A
Bought by
Wexler Alix and Surkis Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
8.3%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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 $750,000 Attorney
Quit Claim Deed -- Attorney
Warranty Deed $575,000 Attorney
Warranty Deed $454,000 Attorney
Warranty Deed -- --
Deed $76,500 --
Warranty Deed $320,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 New Conventional
Previous Owner $363,200 New Conventional
Previous Owner $275,000 New Conventional
Previous Owner $275,000 New Conventional
Previous Owner $224,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2025 05/31/25 For Sale $1,333,000 +77.7% $758 / Sq Ft
12/08/2021 12/08/21 Sold $750,000 -11.8% $427 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/15/2021 10/15/21 Price Changed $850,000 -5.5% $484 / Sq Ft
09/23/2021 09/23/21 Price Changed $899,900 -5.3% $512 / Sq Ft
07/09/2021 07/09/21 For Sale $950,000 +65.2% $540 / Sq Ft
08/17/2018 08/17/18 Off Market $575,000 -- --
09/01/2017 09/01/17 Sold $575,000 -3.4% $327 / Sq Ft
08/02/2017 08/02/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $595,000 -- $338 / 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 $7,877 $690,858 -- --
2023 $7,877 $670,736 $0 $0
2022 $7,690 $651,200 $436,400 $214,800
2021 $6,696 $512,400 $330,200 $182,200
2020 $6,493 $488,400 $341,600 $146,800
2019 $5,853 $438,900 $280,000 $158,900
2018 $6,497 $491,800 $337,900 $153,900
2017 $4,426 $355,388 $0 $0
2016 $4,412 $427,900 $318,900 $109,000
2015 $4,494 $476,500 $358,300 $118,200
2014 $4,477 $337,847 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4511839

Stellar MLS

APN: 0128-02-0005