8625 MIDNIGHT PASS ROAD UNIT B508, SARASOTA, FL, 34242
Active803 days on marketListed May 29, 2024MLS #A4611928
About this home
8625 MIDNIGHT PASS ROAD UNIT B508
***In season minimum 30 day lease, $4,000.00/month*** Siesta Key 2 Bed 2 Bath rental. Breathtaking Bay and Gulf views from this stunning fifth floor, end residence. Located in sought-after Siesta Key, close to shopping, restaurants and the nation's number one beach, Siesta Key Beach. Relax and enjoy views across a sparkling pool to gorgeous Sarasota Bay from the privacy of your large balcony and master retreat. There are an additional four windows along the living and kitchen area, allowing for light and bright rooms. The gourmet Lube designed kitchen is a work of art. It has been opened to the dining and living with stainless appliances, recessed lighting, granite counters, and unique modern cabinetry with opaque glass insets. Bamboo wood floors throughout, there is even a bamboo glass panel at the entry, and built in book shelves. With views of morning sunrises and evening sunsets, this is an exquisite condominium ideally positioned in the Bay Tree Club which has private beach cabanas, swimming pools on both the Gulf and bay side. OFFSEASON: Starting at $1000 week (+ cleaning, fees, and tax) $3000 per month. IN SEASON: $4000 per month (+ cleaning, fees, and tax). Rental policy: one-month minimum in season or two weeks minimum out of season. NO PETS for TENANTS.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,160
Sqft
0 ac
Lot size
1970
Year built
One
Levels
$2
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$178 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$178/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Sarasota actives
$2 vs $343
Days on market
803 vs 63 typical
Where $2/sqft sits among the 400 Sarasota actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Sarasota
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sarasota. See the full Sarasota guide →
The numbers that matter
The Sarasota market
$475K → $493K
Sarasota median sold, yr/yr
95.2%
Sale-to-list ratio (12 mo)
160 of 400
Sarasota actives have cut their price
Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 99% below the SARASOTA 34242 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 8625 MIDNIGHT PASS ROAD UNIT B508
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$595,000
8630 MIDNIGHT PASS ROAD UNIT 103A · same community
2 bd · 2 ba · 1,115 sqft · $534/sqft · 125 DOM
Sold · Sep ’25$375,000
8625 MIDNIGHT PASS ROAD UNIT 305B · same community
1 bd · 1 ba · 697 sqft · $538/sqft · 158 DOM
Sold · Jun ’26$1,000,000
8900 BLIND PASS ROAD UNIT A306
2 bd · 2 ba · 1,132 sqft · $883/sqft · 3 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Chad Creech
President, Commercial and Development Services · CENTURY 21 Edge
Tours, negotiation, and every question about 8625 MIDNIGHT PASS ROAD UNIT B508 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 8625 MIDNIGHT PASS ROAD UNIT B508 — before you fall in love.
See it in person
Schedule a tour
Live availability from Chad's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
8625 MIDNIGHT PASS ROAD UNIT B508 FAQs
What would the monthly payment be for 8625 MIDNIGHT PASS ROAD UNIT B508?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $178/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
Are pets allowed at 8625 MIDNIGHT PASS ROAD UNIT B508?+
The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Sarasota?+
At $2,500, this home is listed about 100% below the Sarasota median of $559,000. The market section on this page shows how the area is trending.
The brief
Three things that matter here
01Under the SARASOTA 34242 market on paper
$2,500 is 99% below the SARASOTA 34242 median of $449,900, and at $2/sqft it sits under the Sarasota average of $495.
02Water views
The water view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
803 days on market against a Sarasota median of 63 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of PARADISE PALMS REALTY GROUP · Stephanie Burwood. MLS #A4611928.
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 is deemed reliable but is not guaranteed accurate by Stellar MLS.
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