6937 MIDNIGHT PASS ROAD

Property Details

Description

Under contract-accepting backup offers. RARE SIESTA KEY WATERFRONT OPPORTUNITY — BUILD YOUR DREAM HOME ON A PRIVATE STREET AND A SHORT WALK TO THE BEACH. This exceptional property is a .41-acre waterfront lot with rare deep water frontage with quick access to the Intercoastal Waterway and no bridges. Offering approximately 240 feet of sailboat-capable concrete seawall, potentially two private boat docks and direct access to the Intracoastal Waterway, this is a remarkable opportunity for the boating enthusiast looking to create a custom luxury residence on Siesta Key. Custom luxury home rendering and plans are available, providing a vision for what can be created on this unique homesite. The plans can be imagined to the buyer's preferences with an in-house architect and designer, offering the opportunity to tailor the residence, finishes, layout, and waterfront lifestyle to suit your individual vision. The location is equally impressive. Leave the boat at your backyard dock and walk, golf cart or take the Trolley to Siesta Key Beach or one of the many outstanding hotspots. Enjoy the rare combination of boating from your backyard and walking to the beach, while remaining close to Siesta Key's restaurants, shopping, entertainment, and island lifestyle. Stickney Point Road is approximately a half-mile away, providing convenient access to the mainland. The property currently features a nearly 3,000-square-foot, 4-bedroom, 3-bath pool home, allowing a buyer the flexibility to renovate, enjoy the existing residence, or start fresh with a new luxury waterfront home. The existing home features spacious indoor-outdoor living areas, an expansive kitchen, family room with fireplace, screened paver lanai, pool, tropical waterfront views, and a new roof completed in April 2024. Properties offering this combination of an oversized .41-acre lot, roughly 240 feet of seawall, sailboat-capable water, direct Intracoastal access, and walkability to Siesta Key Beach are increasingly difficult to find. The opportunity here is the land, the water, and the lifestyle—bring your boat and your vision and create an extraordinary Siesta Key waterfront estate. Visit the website for more information or to book your private showing.

Facts & Costs

Property type

Land

Zoning

RSF1

Current use

Residential

Lot dimensions

50x137.25x80x51x101.1

Price per acre

$4,268,293

Waterfront frontage

237 ft

Road surface

Asphalt, Paved

Lot size

0.41 acres

Days on market

41

Waterfront

Yes

Community

Princes Gate

Subdivision

PRINCES GATE

County

Sarasota

Flood zone

AE

Monthly & yearly costs

Property taxes

$8,126 / year (2024)

As reported by the listing agent. Verify with the HOA and county.

Utilities & lot

Utilities

Cable Connected, Sewer Connected, Underground Utilities, Water Connected

Sewer

Public Sewer

Water

Public

Lot features

Buildable, Cul-De-Sac, In County, Landscaped, Near Marina, Near Public Transit, Oversized Lot, Private, Room For Pool, Street Dead-End, Paved

View

Water

Payment Estimate

$9,526 / month

Principal & interest

$8,849

Property taxes

$677

HOA

$0

Home insurance

enter below

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

• Canal - Saltwater