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$4,500,000

8212 MIDNIGHT PASS RD ROAD UNIT 1-10, SARASOTA, FL 34242

3D Tour
Active0 days on market

Beds

—

Baths

0

Sq Ft

5,490 sq ft

Year Built

1953

Lot Size

0.66 acres

Garage

—

About This Property

Siesta Key Bungalows is a cozy island offering 10 one-bedroom bungalows, some over looking the tranquil pristine blue waters of Heron Lagoon, and others overlook the lush tropical courtyard of Siesta Key Bungalows. The Bungalows sit less than a mile away from Siesta Key's beaches and boast free kayaking and canoeing on Heron Lagoon as well as a sparkling, heated pool and affordable rates year round. Siesta Key Bungalows are located near all 3 beaches on Siesta Key. You will be able to view all the beauty Siesta Key has to offer. Siesta Key offers a free trolley that connects the entire island including Siesta Key Bungalows. Gross income in past years prior to the hurricane was just over $500,000.00. Net operating income was just over $200,000.00 for the year.

Property Overview

Property TypeCommercial Sale
Sub TypeMulti Family (5+)
MLS #A4708753
StatusActive
Year Built1953
ConstructionBlock, Wood Frame
RoofBuilt-Up
FoundationCrawlspace, Pillar/Post/Pier
FacesUndetermined
CountySarasota
OwnershipFee Simple

Interior Features

FlooringCeramic Tile, Vinyl
AppliancesMicrowave, Refrigerator
WindowsAluminum Frames, Shades, Window Treatments
CoolingCentral Air
HeatingElectric
SecuritySmoke Detector(s)

Exterior & Lot

Lot Size0.66 acres (29,019 sq ft)
Lot Dimensions150 x 192
Lot FeaturesFloodZone, Interior Lot, Sidewalk, Waterfront
Road SurfacePaved, Asphalt
0

Waterfront

WaterfrontYes
FeaturesWaterfront, Lagoon

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesElectricity Available, Natural Gas Available

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$4,500,000
Annual Taxes$26,551 (2025)
FinancingCash, Owner May Carry
ZoningSKOD
Parcel #0128020012

Directions

Take Midnight Pass Rd South from Stickney Point Rd property will be on your right.

Location

8212 MIDNIGHT PASS RD ROAD UNIT 1-10, SARASOTA, FL 34242

Listing Information

OfficeRE/MAX ALLIANCE GROUP
ListedOctober 14, 2026

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Home Price

$4,500,000

20% ($900,000)
6.75%

Loan Term

Principal & Interest$23,350
Property Tax (est.)$4,125
Insurance (est.)$150
Total Monthly$27,625
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively 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. Data last updated: October 15, 2026.

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