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8302 MIDNIGHT PASS ROAD

House For Sale
$1,400,000

BTC: 16.83906663

ETH: 528.30188679

New
Waterfront
4 bds
2 ba
1,659 sqft

Overview

WELCOME TO THE SIDE OF SIESTA KEY YOU NEVER WANT TO LEAVE. Glistening Heron Lagoon stretches peacefully behind this beautifully restored and renovated 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, proven 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 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 over the back of the property. 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, irrigation 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.

Location

Details

Type:
Residential
Parking:
Driveway / Garage Door Opener / Guest
Year Built:
1953
Lot:
0.24 Acres
Heating:
Central / Electric / Heat Pump
Price/sqft:
$844
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$649,900
$483K – $1.3M
Confidence Low
List vs. estimate
$750K above estimate
List $1,400,000 · +115.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$843
+170.9% vs. city median $311
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,389
2026
Pool
Gunite
View
Trees/Woods, Water
Waterfront
Waterfront, Lagoon
Garage
1 car garage
Furnished
Furnished
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Ceramic Tile

    Heating

    • Central

    • Electric

    • Heat Pump

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior 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

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 2

  • Parking

    • Driveway

    • Garage Door Opener

    • Guest

    Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Rain Gutters / Sliding Doors

    Lot

    • Lot: 0.24 Acres

    Other Property Information

    • Parcel Number: 0128070010

    • Zoning: RSF2

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Electricity Connected

    • Public

    • Sewer Connected

  • Other financial information

    • Annual tax amount: $7,389

  • Source details

    • MLS ID: A4707555

    Other facts

    • Construction Materials: Wood Frame / Wood Siding

    • Foundation Details: Slab

    • Laundry Features: In Garage

    • Lot Features: In County / Landscaped / Near Public Transit / Private / Sidewalk

    • Patio And Porch Features: Deck / Enclosed / Screened

    • Pool Features: Gunite / In Ground / Screen Enclosure

    • Window Features: Blinds / Window Treatments

    • Direction Faces: East

    • Other Structures: Shed(s)

    • Architectural Style: Florida / Ranch

    • Waterfront: Yes

    • Water Body Name: HERON LAGOON

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1659

    • Water Source: Public

    • Subdivision Name: OCEAN VIEW

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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: WILLIAM RAVEIS - FLORIDA LLC