8302midnightpassroadsarasotafl34242

4 Beds

2 Full baths

1,659SqFt

Active

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 followed, the property received an appraisal with an opinion of value of $1,300,000 as of September 2024. Since that time, substantial additional work and improvements were completed. What cannot be duplicated is the setting and the land. A deep single family homesite on Siesta Key overlooking Heron Lagoon, surrounded by tropical greenery with the Gulf just beyond offers tremendous possibilities. Continue its successful vacation rental use, make it your island getaway, enjoy it as a full time residence, or hold an increasingly scarce piece of Siesta Key real estate for the future. The property offers approximately 1,625 square feet of living area, four bedrooms per tax records, two full baths, a garage, private pool and spa, dock, covered outdoor living space, and extensive brick paver parking. Glistening lagoon views. Gulf breezes and the sound of the waves. Tropical privacy. Deep lot. Generous parking. Proven rental income. Extensive post storm restoration and renovation. Long term Siesta Key land value. This is more than a successful vacation rental. It is a beautiful single family home, an island escape, an income producing property and an opportunity to own a special piece of Siesta Key. Property documentation reflects a 2017 roof, 2020 plumbing re pipe, 2021 water heater and 200 amp electrical service. Flood insurance is 8,734.00 per year, Homeowners insurance is 7,788 per year and there is no HOA. Come for the opportunity. Stay because you may never want to leave.

Property Details
Price $1,400,000
Bedrooms 4
Full Baths 2
Half Baths 0
Property Style Florida, Ranch
Lot Size Area 10505
Lot Size Area Units Square Feet
Acres 0.24
Property Type Residential
Sub type SingleFamilyResidence
MLS Sub type Single Family Residence
Features Cathedral Ceiling(s), Ceiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Walk-In Closet(s), Window Treatments
Exterior Features Rain Gutters, Sliding Doors
Year Built 1953
Subdivision OCEAN VIEW
View Trees/Woods, Water
Roof Shingle
Waterfront HERON LAGOON
Heating Central, Electric, Heat Pump
Foundation Slab
Lot Description In County, Landscaped, Near Public Transit, Private, Sidewalk
Laundry Features In Garage
Pool features Gunite, In Ground, Screen Enclosure
Parking Description Driveway, Garage Door Opener, Guest
Garage spaces 1
Geographic Data
Directions Exit 205 West on Clark Road Left on Midnight Pass Road, Head South. Home is on the right two miles. (No sign at address).
County Sarasota
Latitude 27.230736
Longitude -82.520546
Market Area 34242 - Sarasota/Crescent Beach/Siesta Key
Address Information
Address 8302 MIDNIGHT PASS ROAD, SARASOTA, FL 34242
Postal Code 34242
City SARASOTA
State FL
Country United States
Listing Information
Listing Office WILLIAM RAVEIS - FLORIDA LLC
Listing Agent Dawn Bear
Special listing conditions None
Ownership Fee Simple
Terms Cash, Conventional
Virtual Tour URL https://youtu.be/a4CO-rwb6NI?si=5pDBoXFwcFzrmGyS
School Information
Elementary School Phillippi Shores Elementary
Middle School Brookside Middle
High School Sarasota High
MLS Information
Days on market 0
MLS Status Active
Listing Date Sep 27, 2026
Listing Last Modified Sep 28, 2026
Tax ID 0128070010
Tax Year 2026
Tax Annual Amount 7389
MLS Area 34242 - Sarasota/Crescent Beach/Siesta Key
MLS # A4707555

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