CENTURY 21 Edge
$1,190,000$1,300,000$7,644 /mo all-in ↓

7401-A MIDNIGHT PASS ROAD UNIT A, SARASOTA, FL, 34242

Active308 days on marketListed Oct 4, 2025MLS #A4666934

Reduced $110KWaterfront

About this home

7401-A MIDNIGHT PASS ROAD UNIT A

….. One Acre of Siesta Key vacant land with Bay access is almost impossible to find! Here it is, your gateway; the ideal canvas for your dream property, a homesite simply unique in its size and its location, offered at an exceptional price. This rare piece of land is just 0.7 miles south of Stickney Point bridge, across from the renowned Sanderling Club. With 175 ft of street frontage and a depth of 244 ft along Port Lane, this expansive parcel (± 1 Acre/42,677sq ft) gives you a generous building footprint, the coveted opportunity of privacy, of serenity in the middle of it all. Build your custom dream home and still have plenty of room to design your private driveway and your tropical Florida yard. Take a short stroll to your private dock which extends 235 ft into the bay waters and is capable of docking a boat, jet skis, and kayaks. From there you are just a short boat ride away from the blue waters of the Gulf. You will enjoy how much ‘Little Sarasota Bay’ is Loving Life since Midnight Pass opened naturally, boasting a visible improvement of water clarity & marine life. Not to forget that All of Siesta Key is right at your front door, the famous powdery Beaches, Crescent & Point of Rocks beach, Turtle Beach, its vibrant villages with its shops, Bars & Restaurants. Take this great opportunity to build your private beach retreat, Custom builders in the area are well-versed in designing elevated, contemporary, and Key West–inspired homes to complement this exceptional setting. Bay and/or Gulf Views possible depending on design of home. Call today for a showing and additional information. Lot features: lot has been partially cleared, 2 wide paths to discover the property populated with Palm Trees & some Australian Pine clumps, typical Florida underbrush, no elevation change throughout the parcel, no wetland, 20ft wide easement to dock. Survey, Topographic map and Soil Test are available.

Facts & features

The home at a glance

0.98 ac

Lot size

Waterfront

Inside

Outside & construction

FacesWest

Community & fees

Taxes (2024)$7,397/yr

Utilities & systems

UtilitiesBB/HS Internet Available · Electricity Available · Natural Gas Available · Phone Available · Sewer Available · Water Available
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$7,644 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$6,421
PMI (est., until 20% equity)$446
Property tax — 2024 actual bill$616
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $119,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $119,000
Interest rate6.00%
Loan term

Estimated payment

$7,644/mo

Principal & interest$6,421
PMI (est., until 20% equity)$446
Property taxes (actual bill)$616
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Where it sits

Inside Sarasota

Map of 7401-A MIDNIGHT PASS ROAD UNIT A

Drive times from this address

Downtown Tampa69 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Sarasota. See the full Sarasota guide →

The numbers that matter

The Sarasota market

Seller’s marketLeans seller4.5 months of inventoryBuyer’s market

$475K$493K

Sarasota median sold, yr/yr

95.2%

Sale-to-list ratio (12 mo)

Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 162% above the SARASOTA 34242 median. See the full Sarasota market guide →

Paper trail

This home's history

CurrentPrice reduced to $1,190,000 $110K
Oct 4, 2025Listed at $1,300,000 · 308 days on market since

Reality check

What actually sold near 7401-A MIDNIGHT PASS ROAD UNIT A

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

8625 MIDNIGHT PASS ROAD UNIT 305BSold · Sep ’25

$375,000

8625 MIDNIGHT PASS ROAD UNIT 305B

1 bd · 1 ba · 697 sqft · $538/sqft · 158 DOM

6703 MIDNIGHT PASS ROAD UNIT 208Sold · Jul ’26

$240,000

6703 MIDNIGHT PASS ROAD UNIT 208

1 bd · 1 ba · 702 sqft · $342/sqft · 256 DOM

1020 SUN N SEA DRIVE UNIT 104BSold · Dec ’25

$659,000

1020 SUN N SEA DRIVE UNIT 104B

2 bd · 2 ba · 752 sqft · $876/sqft · 158 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.

John Carpenter

Your agent

John Carpenter

CFO/Broker · CENTURY 21 Edge

Tours, negotiation, and every question about 7401-A MIDNIGHT PASS ROAD UNIT A — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 7401-A MIDNIGHT PASS ROAD UNIT A — before you fall in love.

See it in person

Schedule a tour

Live availability from John's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

7401-A MIDNIGHT PASS ROAD UNIT A FAQs

What would the monthly payment be for 7401-A MIDNIGHT PASS ROAD UNIT A?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $7,644/mo — principal and interest, the actual property-tax bill 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.

What are the property taxes on 7401-A MIDNIGHT PASS ROAD UNIT A?+

The most recent tax bill on record (2024) was $7,397. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Sarasota?+

At $1,190,000, this home is listed about 109% above the Sarasota median of $569,000. The market section on this page shows how the area is trending.

The brief

Four things that matter here

01Positioned at the premium end

$1,190,000 runs 162% above the SARASOTA 34242 median.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

308 days on market against a Sarasota median of 61 — sellers in this position are usually ready to negotiate.

04The price has already moved

Listed at $1,300,000, now $1,190,000 — a $110K cut. The full history is in the market section below.

Listing courtesy of CHARITY & WEISS INTERNATIONAL LLC · Rudi Weiss. MLS #A4666934.

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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