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Bungalow Hotel with Heated Pool
For Sale
$4,500,000

8212 MIDNIGHT PASS RD, Sarasota, FL 34242

Commercial Sale, SARASOTA, FL

Property Size5,490 SF
Lot Size0.66 Acres
Price / SF$819.67
Days on Market10
Rey
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Property Features for 8212 MIDNIGHT PASS RD

General Information

Property type Commercial Sale
Property subtype Other
Zoning SKOD
Window features Aluminum Frames, Window Treatments
Appliances Microwave, Refrigerator
Lot features Flood Zone, Interior Lot, Sidewalk, Paved, Waterfront
Directions Take Midnight Pass Rd South from Stickney Point Rd property will be on your right.
Subdivision 34242 - Sarasota/Crescent Beach/Siesta Key
Standard status Active
APN 0128020012
Size 5,490 SF
Lot size 0.66 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lots 3,4 & 5 Block B Ocean View
Tax Annual Amount 26551
Legal Description Lots 3,4 & 5 Block B Ocean View

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air
Water source Public
Water front features Lagoon
Water front 1

Amenities

kayaking and canoeing
heated pool

Building Details

Year built 1953
Floors in Building 1
Number of units 10
Flooring type Tile - Ceramic, Vinyl
Building materials Block, Frame
Roof type Built-Up
Listing Agency: RE/MAX ALLIANCE GROUP · RE/MAX International
Listed By: Erick Shumway · License #3252868
Added: Oct 6 Changed: Oct 15 Last Checked: Oct 15 at 1:06PM
MLS# A4708753

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Siesta Key Bungalows is a lodging property with 10 one-bedroom units on 0.66 acres. The 5,490-square-foot property was built in 1953 and includes a heated pool. Some bungalows look toward Heron Lagoon, while others face the tropical courtyard. Building features include block and frame construction, central air conditioning, electric heat, vinyl and ceramic tile flooring, and a built-up roof. Public water and sewer serve the property, and natural gas is available.

The bungalows are less than a mile from Siesta Key beaches. A free trolley connects the property with destinations across the island. Guests can also use kayaks and canoes on Heron Lagoon.

Key Highlights

  • 10 one‑bedroom bungalows on 0.66 acres
  • 5,490 square feet; built in 1953
  • Heated pool and lagoon access for kayaking and canoeing

Property Analytics

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Current Use

Siesta Key Bungalows Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Big Box & Wholesale Store Parking Lot & Garage (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

24
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Hotel - Ten one-bedroom guest units offer views of Heron Lagoon or the landscaped courtyard.
Where is this hotel located?
The property is located at 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 on 0.66 acres; 5,490 square feet; built in 1953; Heated pool and lagoon access for kayaking and canoeing
More about this property
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