NOT LISTED FOR SALE

8424 Midnight Pass Rd Sarasota, FL 34242

Estimated Value: $1,847,000 - $2,540,993

3 Beds
3.5 Baths
4,554 Sq Ft
$456/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $2,000,000 $439 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $13,310/month

32 Days on Market

Highlights

  • 118 Feet of Lagoon Waterfront
  • Access To Lagoon or Estuary
  • 0.99 Acre Lot
  • Phillippi Shores Elementary School Rated A
  • In Ground Pool
  • Open Floorplan

About This Home

As of May 2024

Nestled on a secluded one-acre lot, this coastal-inspired home offers a blend of luxury, privacy, and unobstructed views on the widest part of the peaceful Heron Lagoon. This estate is a true waterfront paradise and was completely renovated in 2019. The home features an open-concept floor plan with architectural details and custom finishes throughout. The living room is filled with natural light through a wall of sliders that access the outdoor pool, spa, and patio. The kitchen is incredible, with ample cabinetry, a custom-designed island with a granite countertop, stainless steel appliances, and is conveniently located between the formal dining room and living room. The adjoining breakfast nook offers stunning views and features a two-story quarried stone wall and large custom windows. The second floor is home to the spacious primary bedroom suite, which includes a 30-foot custom built-in window box, two sitting areas, and a luxurious bath with a soaking tub, dual pedestal sinks, and a walk-in closet. The office and gym can easily be converted into two additional bedrooms if desired. Outside, the property features an expansive waterfront pool and spa surrounded by a paver pool deck, a covered poolside area for watching sunsets or dining al fresco, and large front, side, and rear yards. The backyard also offers access to the water, perfect for fishing, kayaking, paddleboarding, and swimming. Additional features of this exceptional property include a circular driveway with mature pine trees, a second-floor balcony with Trex composite decking, and a lower level with storage, a separate entrance, and a garage that can accommodate four cars. Extensive renovations completed in 2019 include a 50-year tile roof, PGT custom hurricane-impact windows and doors, four state-of-the-art Lenox HVAC units, and much more. The property is also zoned for a second home/guest house, and a dock was previously permitted. With its prime location on Siesta Key, this estate offers the perfect blend of luxury living and waterfront paradise. Just a short walk from your front door, you will find your private marina and the sands of Turtle Beach, while the world-famous Siesta Key Beach and Siesta Village are just a short distance away.

Last Agent to Sell the Property

Joel Schemmel

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3060476 Listed on: 03/04/2024

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Jesse Kichi

KELLER WILLIAMS ON THE WATER S License #3516157

KELLER WILLIAMS ON THE WATER S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,279

Year Built

  • Built in 1988

Lot Details

  • 0.99 Acre Lot
  • 118 Feet of Lagoon Waterfront
  • East Facing Home
  • Mature Landscaping
  • Oversized Lot

Parking

  • 4 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Lagoon
  • Garden
  • Pool

Home Design

  • Slab Foundation
  • Tile Roof
  • Cement Siding

Interior Spaces

  • 4,554 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • French Doors
  • Sliding Doors
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Storage Room
  • Inside Utility
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Gunite Pool
  • Pool Tile
  • Pool Lighting
  • In Ground Spa

Outdoor Features

  • Access To Lagoon or Estuary
  • Balcony
  • Deck
  • Covered patio or porch
  • Exterior Lighting
  • 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
  • Thermostat
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Siesta Key / Sarasota Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,279

Year Built

Built in 1988

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Cement Siding
  • Fireplace: No
  • Living Area: 4554
  • Lot Size Acres: 0.99
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 6065
  • Lot Size Sq Ft: 43124
  • Directions to Property: From Stickney Point Road, take Stickney Point Bridge west to Siesta Key. Turn left onto Midnight Pass Road. Follow MPR to property, on right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 439.17
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-364-4000
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, PrimaryBedroom Upstairs, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds
  • Street Number Modifier: 8424
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Den/Library/Office,Family Room,Formal Dining Room Separate,Great Room,Inside Utility,Storage Rooms
  • Living Area Meters: 423.08
  • Room Count: 12

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, In Ground, Lighting, Tile
  • Exterior Features: Balcony, French Doors, Lighting, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Garden, Pool, Water
  • Water Body Name: HERON LAGOON
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck
  • Road Surface Type: Asphalt, Paved
  • Disclosures: Seller Property Disclosure
  • Water Access: Lagoon
  • Water Extras YN: 0
  • Water View: Lagoon
  • Water View YN: 1
  • Waterfront Feet Total: 118
  • Additional Water Information: No motorized vessels permitted.
  • Water Frontage Feet Lagoon: 118

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway, Garage Door Opener, Garage Faces Side

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Zoned
  • Laundry Features: Inside, Laundry Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Per Sarasota County

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

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

Lot Info

  • Parcel Number: 0128100012
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, In County, Oversized Lot, Paved
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 4006

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Per Sarasota County single family restrictions

Tax Info

  • Tax Annual Amount: 20279
  • Tax Lot: 77

Multi Family

  • Waterfront Features: Lagoon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
May 24, 2024
Sold by
Eskalis Hany M
Bought by
Kichi Navid and Kichi Jesse
Seller's Agent
Joel Schemmel
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Jesse Kichi
KELLER WILLIAMS ON THE WATER S
List Price
$2,395,000
Sold Price
$2,000,000
Premium/Discount to List
-$395,000
-16.49%
Total Days on Market
32
Views
67
Current Estimated Value
$2,077,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,998
Avg. Annual Appreciation
3.75%
Original Mortgage
$1,100,000
Outstanding Balance
$1,089,575
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$988,423

Purchase Details

Listed on
Feb 1, 2018
Closed on
May 16, 2018
Sold by
Citybank Na
Bought by
Fasklis Hany M
Seller's Agent
April Feeser
REALHOME SERVICE & SOLUTIONS INC
Buyer's Agent
Vivian Iskander
REAL BROKER, LLC
List Price
$760,200
Sold Price
$679,578
Premium/Discount to List
-$80,622
-10.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.67%

Purchase Details

Closed on
Jan 20, 2015
Sold by
Diamond Harvey and Coriell Toby
Bought by
Citibank Na

Purchase Details

Closed on
Nov 29, 1994
Sold by
Diamond Marilyn
Bought by
Diamond Harvey
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 Buyer Sale Price Title Company
Kichi Navid $2,000,000 None Listed On Document
Fasklis Hany M $713,600 Attorney
Citibank Na $700,201 None Available
Diamond Harvey $217,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kichi Navid $1,100,000
Previous Owner Diamond Harvey $1,100,000
Previous Owner Diamond Harvey $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $2,000,000 -16.5% $439 / Sq Ft
04/06/2024 04/06/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $2,395,000 +252.4% $526 / Sq Ft
05/22/2018 05/22/18 Sold $679,578 -10.6% $185 / Sq Ft
03/01/2018 03/01/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $760,200 -- $207 / 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 $20,279 $1,759,113 -- --
2023 $20,279 $0 $0 $0
2022 $19,845 $0 $0 $0
2021 $14,624 $1,173,430 $0 $0
2018 $9,805 $737,700 $644,300 $93,400
2017 $14,152 $1,005,700 $629,000 $376,700
2016 $15,376 $1,136,000 $732,000 $404,000
Source: Public Records

Agents Affiliated with this Home

  • Joel Schemmel

    Seller's Agent in 2024

    Joel Schemmel

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 587-4894

    36 in this area

    345 Total Sales

    Joel Schemmel
    Section Image
  • Jesse Kichi

    Buyer's Agent in 2024

    Jesse Kichi

    KELLER WILLIAMS ON THE WATER S

    (941) 549-4510

    1 in this area

    7 Total Sales

    Jesse Kichi
    Section Image
  • April Feeser

    Seller's Agent in 2018

    April Feeser

    REALHOME SERVICE & SOLUTIONS INC

    (770) 383-4944

    548 Total Sales

    April Feeser
    Section Image

  • V

    Buyer's Agent in 2018

    Vivian Iskander

    REAL BROKER, LLC

    (850) 766-5046

    16 Total Sales

    Vivian Iskander
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4601382

Stellar MLS

APN: 0128-10-0012

Florida Sarasota County Sarasota 34242

8424 Midnight Pass Rd, Sarasota, FL

This home is located at 8424 Midnight Pass Rd, Sarasota, FL 34242 since 04 March 2024 and is currently estimated at $2,077,998, approximately $456 per square foot. This property was built in 1988. 8424 Midnight Pass Rd is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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