tomo logo

$4,500,000

Beds
4
Baths
4.5
sq ft
3,676

8802 Midnight Pass Rd, Sarasota, FL 34242

8802 Midnight Pass Rd

SARASOTA, FL 34242

  • 106 days on market
    • Price drop $500,000↓
One or more photo(s) has been virtually staged. Under Construction. Introducing another luxurious home by M&J Pham Development on Siesta Key. An exquisite residence that offers unparalleled comfort, style, and elegance. With 4 bedrooms and 4.5 bathrooms spread across 3,676 square feet of living space, this stunning property boasts a spacious layout that is perfect for families, couples, and anyone who values coastal living. On the second floor, you will find the heart of the home, which features a large, open floor plan living area that is excellent for entertaining guests or relaxing with family. The kitchen on this level is a chef's dream, featuring high-end Viking appliances, an oversized island, and plenty of counter space for meal preparation. The living area boasts vast windows that provide natural light that creates a warm and inviting ambiance. Also located on the second floor is the master bedroom and bathroom. This lavish suite is the great place to retreat after a long day, offering ample space and impressive amenities. The master bathroom features a soaking tub, a separate walk-in shower, and a double vanity. On the third floor of this magnificent home, you will find three additional bedrooms, each offering its own unique charm and character. The sizable balcony on this level provides breathtaking views of the gulf, making it the place to unwind and take in the beauty of the surrounding area. One of the standout features of this property is its deeded access to the beach, giving you and your guests easy and convenient access to one of the most beautiful beaches in the world. The crystal clear waters and soft, white sand of Siesta Key Beach are just steps away from your front door, providing endless opportunities for swimming, sunbathing, and water sports. Photos are of similar finishes, layout of home may vary. *finishes are subject to change due to possible supply delays of certain products. Renderings may not represent the final product. Changes may be made to physical features due to product and material availability. Changes can be made by ownership or General Contractors at any time

Details

Property type

Single Family Residence

Property condition

Under Construction
New Construction

Lot size

0.28 acres

Price per sq ft

$1,225

Year built

2023

Annual property taxes

$4,010.61

Monthly HOA fee

$16.67

Price History

09/11/2024
StellarMLS

StellarMLS #A4612899

Listed
$4,500,000
09/11/2024
StellarMLS

StellarMLS #A4612899

Removed
$4,500,000
07/15/2024
StellarMLS

StellarMLS #A4612899

Price change
$4,500,000
-10%

Schools & Community

Elementary school: 

Phillippi Shores Elementary

Middle school: 

Brookside Middle

High school: 

Sarasota High

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

Servisfirst Bank

Loan start date

October 2021

Original loan amount

$891,900

Est. remaining balance

Not provided

Interest rate

2.42%

Loan type

Building or Construction Loan

Seller

Tommyfrank Llc

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?

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Status: Active

Tomo last checked: 09/19/2024 at 7:50 PM

Listing updated: 09/11/2024 at 2:02 PM

Listed by: Faith Stutzman, THE STUTZMAN REALTY GROUP, LLC Phone #: (941) 260-0709

MLS: StellarMLS #A4612899

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