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    7233 Midnight Pass Rd Sarasota, FL 34242

    For Sale
    $3,750,000

    Land - SARASOTA, FL

    Lot size:
    0.59 Acres
    Days on Market:
    125
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 7233 Midnight Pass Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RE2
    APN
    0110050003
    Pets allowed
    Yes
    Exterior features
    Dock
    Dock
    1
    Lot size
    0.59 Acres

    Taxes and HOA fees

    Expense value
    450
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Utilities

    Water front features
    Canal Front, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Coldwell Banker (813) 754-3586 [email protected]

    Listing agent Kiki Bowers (941) 383-6411 License #3580326

    Listing date Aug 3, 2025

    MLS# A4660300 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Lot with New Garage Apartment

    This waterfront lot offers a rare opportunity in the Sanderling Neighborhood. The private, fenced retreat is located across from the neighborhood's gated entrance, nestled in a basin leading to the Intracoastal Waterway. Extensive upgrades allow the future owner to enjoy the property immediately or stay on-site while building. The property features direct waterfront access with approximately 150 ft of frontage along a private canal connected to the Intracoastal Waterway, shared with only 5 neighboring homes. A new two-story garage and apartment, completed in 2024, features block construction with a 1,100 sq ft 2-bedroom, 1-bath apartment with a full kitchen above an oversized 3-car garage. The garage is suitable for storing vehicles, kayaks, golf carts, and more. The expansive lot is approximately 0.6 acres (25,553 sq ft) and fenced, with over 240 ft of frontage. It is adjacent to HOA-owned land for added space, privacy, and mature vegetation. A brand-new dock with a 10,000 lb. lift is ready for boating and fishing. A 27 ft Scout boat is optional and can be offered under a separate bill of sale. The lot is fully cleared and prepped for a custom-designed coastal contemporary home (3,300 sq ft, 3BR + Den, 4.5 Bath, pool, lanai, and more). Plans are available for purchase, or you can work with local architects to tailor a custom design. Sanderling residents enjoy access to the Sanderling Beach Club and tennis & pickleball courts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.529585
    Latitude
    27.245063

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    FAQs

    What type of property is this?
    Residential land & home lot - Premiere waterfront lot with upgrades, dock, and optional boat.
    Where is this residential land & home lot located?
    The property is located at 7233 Midnight Pass Rd Sarasota, FL.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: - Direct waterfront access with ~150 ft of frontage on a private canal leading to the Intracoastal Waterway.; - New (2024) two-story garage and apartment featuring a 1,100 sq ft 2BR/1Bath apartment with full kitchen above an oversized 3-car garage.; - Expansive ±0.6 acre (25,553 sq ft) fenced lot adjacent to HOA-owned land, providing added space and privacy.
    (941) 383-6411
    Request Owner's contact information
    7233 Midnight Pass Rd Sarasota, FL 34242
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    Sarasota, FL 34242
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7233 Midnight Pass Rd Sarasota, FL 34242
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