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10-Bungalow Island Resort
For Sale
$4,500,000

1-10-8212 Midnight Pass Rd, Sarasota, FL 34242

The property offers a heated pool, kayaks and canoes, and access to beaches less than a mile away.

Property Size5,490 SF
Price / SF$819.67
Days on Market29

Property Features for 1-10-8212 Midnight Pass Rd

General Information

Standard status Active
Size 5,490 SF
Net Operating Income $200,000

Additional Details

Gross Income $500,000

Taxes and HOA fees

Annual Taxes $26,550

Amenities

kayaking
canoeing
heated pool
Listing Agency: RE/MAX ALLIANCE GROUP
Listed By: Erick Shumway · License #3252868
Source: Exprealty
Added: Oct 7 Changed: Nov 1 Last Checked: Nov 3 at 10:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX ALLIANCE GROUP

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This resort comprises 10 one-bedroom bungalows, with views of Heron Lagoon from some units and tropical courtyard outlooks from others. Property amenities include a heated pool, kayaks and canoes for use on the lagoon, and a courtyard setting.

The bungalows are less than a mile from Siesta Key beaches. A free trolley runs across the island and serves the property.

Key Highlights

  • 10 one‑bedroom bungalows
  • Some units overlook Heron Lagoon; others face the tropical courtyard
  • Heated pool and kayaks and canoes available for lagoon use

Property Analytics

Current Use

Resorts

Suggested Use

Top Pick Law Firm Electrical Service Nail Salon Barber Shop Auto Repair Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

507
Businesses Nearby

Demographics for 34242, FL

7,417
Population
10,418
Households
0.7
Avg Household Size
65
Median Age
66%
College-Educated
97%
High-School Grad
3.6 sq mi
ZIP Area
2,060
Density / Sq Mi
$122,143
Median Household Income
$75,313
Median Earnings
$2,408
Median Rent
$995,900
Median Home Value

Frequently Asked Questions

What type of property is this?
Resort - The property offers a heated pool, kayaks and canoes, and access to beaches less than a mile away.
Where is this resort located?
The property is located at 1-10-8212 Midnight Pass Rd Sarasota, FL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 10 one‑bedroom bungalows; Some units overlook Heron Lagoon; others face the tropical courtyard; Heated pool and kayaks and canoes available for lagoon use
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