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7425 MIDNIGHT PASS ROAD

House Active With Contract
$800,000

BTC: 12.27370359

ETH: 420.46840180

2 days
Waterfront
4 bds
3 ba
2,763 sqft

Overview

Under contract-accepting backup offers. Prime waterfront rebuild opportunity on Siesta Key. Tear-down structure on property. Selling for land value only. AS IS situation. Investor or builder's dream! High-equity potential in a neighborhood of multi-million dollar luxury estates. The existing home is heavily storm-damaged and is being sold strictly for lot value. While the existing structure has sustained significant damage from two recent hurricanes, the true value lies in the land, the location, and the limitless potential for a custom waterfront estate. AS IS seawall. Bring your architect, your builder, and your vision. Embrace the ultimate coastal lifestyle with this rare blank canvas on world-renowned Siesta Key. Nestled on a highly coveted bayside lot, this property offers breathtaking water views and access. All this just minutes from one of the best beaches in the world. Walk or drive to dinner and shopping. Half a mile south to the Stickney Point Bridge. Twenty minutes from beautiful downtown Sarasota.

Location

Florida • SARASOTA • 34242 • House • Active With Contract • Waterfront

Details

Type:
Residential
Parking:
No Data
Year Built:
1965
Lot:
0.36 Acres
Heating:
None
Price/sqft:
$290
Cooling:
None
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$789,000
$475K – $1.8M
Confidence Low
List vs. estimate
At estimate
List $800,000 · +1.4%
List is in line with recent comparable activity.
Price per sq ft
$289
-10.2% vs. city median $322
Based on
14 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$19,248
2025
Pool
In Ground
Waterfront
Canal - Saltwater
All facts and features

  • Flooring

    • Other

    Heating

    • None

    Cooling

    • None

    Appliances

    • None

    Other interior features

    • Ninguno

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Bathrooms: 1

    • Full bathrooms: 3

  • Property

    • Levels: Two

    • Pool Private: Yes

    • Exterior Features: Other

    Lot

    • Lot: 0.36 Acres

    Other Property Information

    • Parcel Number: 0110120009

    • Zoning: RSF1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Other

  • Other financial information

    • Annual tax amount: $19,249

  • Source details

    • MLS ID: A4698402

    Other facts

    • Construction Materials: Wood Siding

    • Foundation Details: Slab

    • Laundry Features: None

    • Pool Features: In Ground

    • Direction Faces: Southwest

    • Waterfront: Yes

    • Living Area: 2763

    • Water Source: See Remarks

    • Subdivision Name: MIDNIGHT HARBOR SUB

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
34242
358
median $1.2M
Active
Same city
SARASOTA
2,791
median $585K
Active
Same type
House
1,476
median $674K
Active
Similar price
$560K – $1.0M
657
median $724K
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: PREFERRED SHORE LLC