tomo logo

$1,250,000

Beds
4
Baths
4.0
sq ft
2,593

7345 Pine Needle Rd, Sarasota, FL 34242

7345 Pine Needle Rd

SARASOTA, FL 34242

  • <1 day on market
This is your unique opportunity to renovate a four-bedroom home or build a custom masterpiece—on a corner lot—behind the gates of The Sanderling Club, the iconic and only 24-hour guard-gated single-family home community on Siesta Key. This expansive 26,427 sq. ft. property is steps away from a private beach on Siesta Beach, named the #1 beach in the U.S. and #4 in the world in 2025 by Tripadvisor. The Sanderling Club has its own tennis courts, pickleball courts, and marina with boat slips. Offering rare redevelopment potential amid Gulf front architectural marvels, the main home from 1956 was fully renovated in 2023 with new sliders, hurricane-impact windows, plumbing, and a new roof that are still intact after the storms. Hear the songs of birds while you lounge in your oversized pool behind a grandfathered privacy wall offering serenity and seclusion. The rare tropical foliage is already returning to the winding roads in Sarasota's premier gated waterfront community. Priced to reflect its current condition, it presents incredible potential for those looking to create a custom coastal retreat.

Details

Property type

Single Family Residence

Est. home value

$1,551,739

Lot size

0.61 acres

Price per sq ft

$483

Year built

1956

Annual property taxes

$16,270

Monthly HOA fee

$450

Price History

03/04/2025
StellarMLS

StellarMLS #A4642500

Listed
$1,250,000
-46.7%
08/23/2024
StellarMLS

StellarMLS #A4599561

Removed
$2,345,000
08/09/2024
StellarMLS

StellarMLS #A4599561

Listed
$2,345,000

Schools & Community

Elementary school: 

Phillippi Shores Elementary

Middle school: 

Brookside Middle

High school: 

Sarasota High

Community features: 

Gated, Playground, Tennis Court(s)

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Morgan Stanley Private Bank Na

Loan start date

May 2021

Original loan amount

$747,500

Est. remaining balance

Not provided

Interest rate

2.62%

Loan type

New Conventional, 30 year

Seller

Edward G Schreier and Alice K Schreier

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/04/2025 at 12:05 PM

Listing updated: 03/04/2025 at 10:00 AM

Listed by: John Forberger, DOUGLAS ELLIMAN Phone #: (941) 867-6199

MLS: StellarMLS #A4642500

StellarMLS logo

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