7916 Midnight Pass ROAD, Siesta Key, FL, 34242 | $1,000,000

Property just assessed post storm by appraiser and priced at lot value. Appraisal came in post-storm at $942, 000-$1, 155, 000. Home is easily able to be remodeled, as it has an excellent floor plan and is a ready canvas. This tranquil retreat on Siesta Key rests on over one-third of an acre, where the captivating beauty of Heron Lagoon sets the stage for a life of peaceful luxury. On the lagoon's shores, this exquisite residence offers a harmonious blend of indoor comfort and outdoor splendor. This home's split floor plan with three bedrooms and two baths ensures privacy for the primary suite, while the large guest bedrooms provide ample space for family and guests. There is also ample storage with an oversized two-car garage. The open floor plan is a canvas that creates an inviting atmosphere for gatherings with views of the lagoon facing west for sunsets. The heart of this home is the enclosed sunroom, a luminous space where you can unwind and soak in those panoramic views. Step outside to the western-exposed patio and pool area, where the sun's warm embrace and the lagoon's serene waters invite you to bask in the beauty of Siesta Key's natural landscape. For water enthusiasts, the private dock on the lagoon offers a gateway to kayaking adventures and wildlife observation. Heron Lagoon is a lush tropical paradise, teeming with nature's wonders and offering a serene backdrop for your waterfront lifestyle. On the quieter, more residential south end of Siesta Key, this home provides a serene escape from the hustle and bustle yet is just moments from the island's world-renowned beaches and vibrant attractions. Embrace the tranquility and scenic beauty of this waterfront oasis on Siesta Key, where every sunset over Heron Lagoon is a reminder of the exquisite simplicity of life by the water. Newer roof, new water heater, and newer and working air conditioner. Electrical on and working, and electrical outlets raised post-storm. New pool pump/salt system/timer. Irrigation serviced and working. Be sure to take a look at the virtual tour (https: //tours. coastalhomephotography. net/2228635?idx=1). Photos are from before storms.

Features

  • Rooms: 5
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Year Built: 1973
  • Garage: 2-car
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,803
  • Acreage: 0.36
  • Est. Taxes: $10,972
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pool: In Ground
  • Pet Policy: Yes
  • Appliances: None
  • MLS#: A4630840
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /eprop/A4630840/7916midnightpassroad_siestakey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 1/8/2025 12:20:42 AM)
Listing courtesy of PREMIER SOTHEBYS INTL REALTY   Phone: 941-364-4000

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7916 Midnight Pass ROAD, Siesta Key, FL, 34242

$1,000,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $800,000 $800,000 $800,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.559% 6.723% 6.847%
Monthly Tax Payment $914 $914 $914
H/O Insurance Payment TBD TBD TBD
Initial Principal & Interest Pmt $5,189 $5,122 $7,024
Total Monthly Payment $6,195 $6,036 $7,938

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.