Active
8302 Midnight Pass Rd, Sarasota, FL 34242
MLS A4707555
$1,400,000
Est. $7,474/mo principal and interest at 7.03% with 20% down
4 bd · 2.0 ba · 1,659 sqft · Single Family Residence
About this home
WELCOME TO THE SIDE OF SIESTA KEY YOU NEVER WANT TO LEAVE. Glistening Heron Lagoon stretches peacefully behind this beautifully restored and renovated income producing single family home, while just beyond, the Gulf of Mexico makes its presence known through salty breezes and the sound of waves in the distance. Surrounded by lush tropical greenery on a deep Siesta Key lot, this is an exceptional combination of island lifestyle, 5 Star vacation home with income potential and long term land value. Tax records reflect four bedrooms, with the fourth currently enjoyed as an office, plus two full baths. Single story, built to enhance the open, airy feeling inside, while the home's connection to the outdoors keeps the peaceful lagoon and tropical setting at the center of everyday life. Following the 2024 storms, the home was extensively renovated, fully permitted and improved creating a fresh and beautifully finished property. The new kitchen and baths, gleaming tile floors and light filled interiors are perfectly suited to relaxed island living. Your private pool and spa are surrounded by tropical greenery with the peaceful waters of Heron Lagoon beyond. Spend afternoons by the pool and enjoy spectacular sunset colors. The deep lot provides a wonderful sense of space and privacy, while the substantial brick paver driveway offers abundant parking for owners and guests, an increasingly valuable feature on Siesta Key and an important advantage for a successful vacation rental. For the investor or second home buyer, the opportunity becomes even more compelling. This highly sought after vacation rental generates approximately $114,000 in annual gross rental revenue despite being only self managed by an out of state owner. It offers an established income stream with the flexibility to enjoy the property yourself, creating the possibility of owning a Siesta Key getaway that can also work for you when you are away. Prior to the extensive restoration and improvements that fo
Key facts
- Type
- Single Family Residence
- Size
- 1,659 sqft
- Bedrooms
- 4
- Bathrooms
- 2.0
- Avg. price per sqft
- $844
- County
- Sarasota
- MLS number
- A4707555
- Status
- Active
- Property address
- 8302 Midnight Pass Rd, Sarasota, FL 34242
Where is this home?
Common questions
How much is 8302 Midnight Pass Rd, Sarasota, FL 34242 listed for?
8302 Midnight Pass Rd, Sarasota, FL 34242 in Sarasota, FL is listed at $1,400,000 (about $7,474/mo principal and interest at 7.03% with 20% down).
How many bedrooms and bathrooms does 8302 Midnight Pass Rd, Sarasota, FL 34242 have?
8302 Midnight Pass Rd, Sarasota, FL 34242 has 4 bedrooms, 2.0 bathrooms, and 1,659 square feet.
Who can show 8302 Midnight Pass Rd, Sarasota, FL 34242 in Sarasota?
Jonathan Loescher is a Tampa Bay Realtor and Loan Originator. He can tour this home, compare nearby listings, and work the financing with you.
Is there down payment assistance in Tampa Bay?
Some buyers qualify for down payment help. We check income, the house, and the first mortgage at consult. Homes for Heroes and the Buyer Credit are separate benefits, so we pick the one that actually helps your file.
What does the program savings comparison show?
It estimates cash to close or net proceeds under a typical split team, a portal-style path, and working with Jonathan as Realtor and Loan Originator. Figures are educational estimates, not a loan quote.
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