7425 MIDNIGHT PASS RD, Sarasota, FL 34242
7425 MIDNIGHT PASS RD, Sarasota, FL 34242
7425 MIDNIGHT PASS RD, Sarasota, FL 34242
7425 MIDNIGHT PASS RD, Sarasota, FL 34242
7425 MIDNIGHT PASS RD, Sarasota, FL 34242
7425 MIDNIGHT PASS RD, Sarasota, FL 34242
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$ 800,000
Est. payment | /mo

4 Beds

4 Baths

2,763 SqFt


$ 800,000
Est. payment | /mo

4 Beds

4 Baths

2,763 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,763 sqft

Price per Sqft $289

Subdivision Midnight Harbor Sub

MLS Listing ID A4698402

Bedrooms 4

Full Baths 3

Half Baths 1

Construction Status Fixer

HOA Y/N No

Year Built 1965

Annual Tax Amount $19,248

Lot Size 0.360 Acres

Acres 0.36

Property Sub-Type Single Family Residence

Source Stellar MLS

Property Description

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

State FL

County Sarasota

Community Midnight Harbor Sub

Area 34242 - Sarasota/Crescent Beach/Siesta Key

Zoning RSF1

Interior

Interior Features Ninguno

Heating None

Cooling None

Flooring Other

Furnishings Unfurnished

Fireplace false

Appliance None

Laundry None

Exterior

Exterior Feature Other

Pool In Ground

Utilities Available Other

Waterfront Description Canal - Saltwater

View Y/N Yes

Water Access Yes

Water Access Desc Bay/Harbor

Roof Type Shingle

Exposure Southwest

Garage false

Private Pool Yes

Building

Story 2

Entry Level Two

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Other

Water See Remarks

Structure Type Wood Siding

New Construction false

Construction Status Fixer

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4698402

Stellar MLS
Listed by Ray Collins PREFERRED SHORE LLC

NEARBY SCHOOLS & PROPERTIES

Josh Cotton

"People Before Property"

Assisting buyers and sellers in achieving their goals is literally what I love to do!

 

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7425 MIDNIGHT PASS RD