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10-Bungalow Lagoon Resort
New
For Sale
$4,500,000

8212 MIDNIGHT PASS RD 1-10, Sarasota, FL 34242

One-bedroom accommodations overlook Heron Lagoon or a tropical courtyard, with a heated pool on site.

Property Size5,490 SF
Days on Market3

Property Features for 8212 MIDNIGHT PASS RD 1-10

General Information

Standard status Active
Size 5,490 SF
Property subtype Commercial

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $26,550

Amenities

kayaking
canoeing
heated pool

Building Details

Building Size 5,490 SF
Year Built 1953
Units 10
Listing Agency: RE/MAX Alliance Group
Listed By: Erick Shumway · License #3252868
Source: Elliman
Added: Oct 16 Last Checked: Oct 16 at 2:03PM

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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Investment Insights

Based on property information with market context.

Siesta Key Bungalows is a resort property comprising 10 one-bedroom bungalows. Some overlook Heron Lagoon, while others face a tropical courtyard. The property also has a heated pool, and kayaking and canoeing are offered on the lagoon at no charge. The buildings date to 1953.

Located on Midnight Pass Road in Sarasota, the property is less than a mile from Siesta Key beaches and near all three of the island’s beaches. A free trolley connects the island and serves the property.

Key Highlights

  • 10 one‑bedroom bungalows
  • Some bungalows overlook Heron Lagoon; others face a tropical courtyard
  • Heated pool on site

Property Analytics

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.

Lease Details

Turnkey business
Opportunity

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

Frequently Asked Questions

What type of property is this?
Resort - One-bedroom accommodations overlook Heron Lagoon or a tropical courtyard, with a heated pool on site.
Where is this resort located?
The property is located at 8212 MIDNIGHT PASS RD 1-10 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 bungalows overlook Heron Lagoon; others face a tropical courtyard; Heated pool on site
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