$7,390,000

8585 Midnight Pass Rd Sarasota, FL 34242

Estimated payment $45,481/month

Total Views 933
4 Beds
7 Baths
5,727 Sq Ft
$1,290 Price per Sq Ft

Highlights

  • Popular Property
  • 132 Feet of Bay Harbor Waterfront
  • Water access To Gulf or Ocean
  • Phillippi Shores Elementary School Rated A
  • White Water Ocean Views
  • Greenhouse

About This Home

A private legacy estate on Siesta Key. Behind a private gate and walled perimeter on one of Siesta Key’s largest residential parcels, this majestic waterfront estate offers a rare opportunity to own a generational property of striking character, scale, and serenity. Set on 1.6 lushly landscaped acres with 132 feet of direct frontage on Little Sarasota Bay, the residence is introduced by a long, winding paver drive, framed by mature oaks and a tranquil pond with fountain — a cinematic approach that sets the tone for what’s to come. Designed for those who value privacy without compromise, the estate offers a seamless blend of timeless architecture, expansive outdoor living, and exclusive access to the bay and beach. In addition to its commanding bayfront presence, the property includes deeded private Gulf beach access just across the way — an extremely rare amenity for bayfront living on Siesta Key. Custom-built in 2002 and surrounded by multi-level terraces, the 5,727-square-foot residence captures sweeping eastern views of the Intracoastal Waterway from nearly every principal room. A dramatic two-story foyer opens to the grand living room, where 20-foot ceilings, triple sets of French doors, and a carved gas fireplace frame the water beyond. The formal dining room features a crystal chandelier, intricate ceiling medallion, and custom wainscoting — ideal for elegant gatherings. The newly updated kitchen features 42-inch cabinetry, Carrara marble countertops, a professional Wolf gas range, Sub-Zero refrigerator, center island, and an oversized walk-in pantry. It opens naturally to the breakfast and family rooms, all with direct access to the terrace and bayfront views. The richly paneled cherry library offers a handsome retreat, complete with fireplace, built-ins, and a tin ceiling, along with terrace access. The second-floor primary suite is a luxurious escape with a private bayfront terrace, 13- foot ceilings, sitting area with fireplace, dual custom walk-in closets, and a marble-clad bath with soaking tub, dual vanities, and walk-in shower. Three additional en-suite bedrooms — including one on the main level — provide comfortable accommodations for guests or multi-generational living. A heated saltwater infinity-edge pool with spillover spa anchors the outdoor living spaces, enhanced by tropical landscaping, landscape lighting, and a covered patio ideal for alfresco dining. Car collectors will appreciate the garage space for 10-plus vehicles beneath the main living level, with dual side entry, elevator access and climate-controlled storage. Additional features include a greenhouse, whole-house fire sprinkler system, natural gas, hurricane shutters and impact screens, and irrigation via private well. Just minutes from Siesta Key Village and downtown Sarasota, this estate offers an unmatched combination of privacy, beauty and legacy potential in one of Florida’s desired coastal communities.

Listing Agent

Mike Warm

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3337038 Listed on: 07/31/2025

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,225

Year Built

  • Built in 2002

Lot Details

  • 1.59 Acre Lot
  • 132 Feet of Bay Harbor Waterfront
  • West Facing Home
  • Masonry wall
  • Mature Landscaping
  • Private Lot
  • Oversized Lot
  • Well Sprinkler System
  • Oak Trees
  • Property is zoned RE2

Parking

  • 10 Car Attached Garage
  • Parking Pad
  • Bathroom In Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • White Water Ocean
  • Pool

Home Design

  • Custom Home
  • Elevated Home
  • Slab Foundation
  • Metal Roof
  • Wood Siding
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 5,727 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Built-In Desk
  • Shelving
  • Bar Fridge
  • Chair Railings
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • French Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Library
  • Storage Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Convection Oven
  • Range with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • Makeup or Vanity Space
  • Split Vanities
  • Pedestal Sink
  • Private Water Closet
  • Claw Foot Tub
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall
  • Shower Only
  • Rain Shower Head
  • Multiple Shower Heads
  • Built-In Shower Bench
  • Window or Skylight in Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire Sprinkler System

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Deeded access to the beach
  • Seawall
  • Water Skiing Allowed
  • Balcony
  • Deck
  • Covered patio or porch
  • Exterior Lighting
  • Greenhouse
  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Navajo Place Community
  • Navajo Place Rep Of Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,225

Year Built

Built in 2002

Lot Details

0

Parking

10

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom, Elevated
  • Construction Materials: Block, Concrete, Wood Siding
  • Fireplace: Yes
  • Living Area: 5727
  • Lot Size Acres: 1.59
  • New Construction: No
  • Year Built: 2002
  • Accessibility Features: Accessible Elevator Installed
  • Building Area Total: 12225
  • Lot Size Sq Ft: 69260
  • Directions to Property: U.S 41 to Stickney Point Road, head West. Turn left on Midnight Pass Road. Property is on the East side of Midnight Pass.
  • Status: Active
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 537903989
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 1290.38
  • Total Acreage: 1 to less than 2
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-364-4000
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room, Other, Primary Bedroom
  • Living Area Units: Square Feet
  • Flooring: Marble, Tile, Wood
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Chair Rail, Crown Molding, Eat-in Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Bar Fridge, Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Other Equipment: Irrigation Equipment
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 3
  • Street Number Modifier: 8585
  • Additional Rooms: Breakfast Room Separate,Den/Library/Office,Family Room,Formal Dining Room Separate,Formal Living Room Separate,Inside Utility,Storage Rooms
  • Living Area Meters: 532.06
  • Room Count: 11

Exterior Features

  • Direction Faces: West
  • Other Structures: Greenhouse
  • Pool Features: Gunite, Heated, In Ground, Salt Water
  • Exterior Features: Balcony, French Doors, Hurricane Shutters, Lighting, Rain Gutters
  • Roof: Metal
  • Pool Private: Yes
  • View: Pool, Water
  • Water Body Name: LITTLE SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Front Porch, Patio, Rear Porch
  • Road Surface Type: Paved
  • Water Access: Bay/Harbor,Beach - Access Deeded,Gulf/Ocean,Intracoastal Waterway
  • Water Extras: Seawall - Concrete,Skiing Allowed
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 132
  • Water Frontage Feet Bay Harbor: 132

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 10
  • Garage Yn: Yes
  • Parking Features: Bath In Garage, Circular Driveway, Driveway, Garage Door Opener, Garage Faces Side, Parking Pad

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Public, Sprinkler Well
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Fire Sprinkler System
  • Senior Community: No
  • Association 2 YN: 0

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

  • Zoning: RE2
  • Parcel Number: 0129010006
  • Additional Parcels: No
  • Fencing: Masonry
  • Lot Features: In County, Landscaped, Oversized Lot, Private
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 6434

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Refer to Sarasota County Rental Ordinance

Tax Info

  • Tax Annual Amount: 60225.21
  • Tax Book Number: 5-2
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Bay/Harbor

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $62,684 $4,667,258 -- --
2023 $62,684 $6,136,900 $2,988,800 $3,148,100
2022 $56,135 $5,340,900 $2,676,300 $2,664,600
2021 $46,709 $3,933,100 $2,064,500 $1,868,600
2020 $40,828 $3,187,800 $1,636,500 $1,551,300
2019 $45,356 $3,576,200 $1,582,600 $1,993,600
2018 $44,421 $3,494,200 $1,748,400 $1,745,800
2017 $46,717 $3,614,300 $1,748,400 $1,865,900
2016 $49,291 $3,733,200 $1,831,500 $1,901,700
2015 $60,912 $4,677,800 $1,726,000 $2,951,800
2014 $52,846 $3,869,300 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 For Sale $7,390,000 +94.5% $1,290 / Sq Ft
12/18/2018 12/18/18 Sold $3,800,000 -15.5% $664 / Sq Ft
11/11/2018 11/11/18 Pending -- -- --
01/26/2018 01/26/18 Price Changed $4,495,000 -5.4% $785 / Sq Ft
01/09/2018 01/09/18 For Sale $4,750,000 +25.0% $829 / Sq Ft
01/01/2018 01/01/18 Off Market $3,800,000 -- --
10/12/2017 10/12/17 Price Changed $4,750,000 -4.9% $829 / Sq Ft
11/30/2016 11/30/16 Price Changed $4,995,000 -4.9% $872 / Sq Ft
08/12/2016 08/12/16 Price Changed $5,250,000 -4.5% $917 / Sq Ft
04/15/2016 04/15/16 For Sale $5,495,000 -- $959 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,800,000 Attorney
Warranty Deed $4,450,000 Attorney
Warranty Deed $5,150,000 Attorney
Warranty Deed -- --
Warranty Deed $1,000,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $701,200 No Value Available
Source: Public Records

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Source: Stellar MLS

MLS Number: A4660258

Stellar MLS

APN: 0129-01-0006