6937 MIDNIGHT PASS ROAD, SARASOTA, FL, 34242
Active4 days on marketListed Aug 22, 2026MLS #A4703773
About this home
6937 MIDNIGHT PASS ROAD
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 & features
The home at a glance
4
Bedrooms
4
Bathrooms
2,941
Sqft
0.41 ac
Lot size
2
Garage
1974
Year built
One
Levels
$595
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$10,989 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
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
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$10,989/mo
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.
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.
vs edgeAI estimate
+21%
$/sqft vs Sarasota actives
$595 vs $344
Days on market
4 vs 63 typical
Where $595/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 Princes Gate
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sarasota. See the full Sarasota guide →
Princes Gate — neighborhood snapshot
Population
208
Median age
68
Median income
$106,038
Median home value
$990,500
Avg household
2
Households w/ children
9%
For the school run
Sarasota County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Sarasota market
$475K → $493K
Sarasota median sold, yr/yr
95.2%
Sale-to-list ratio (12 mo)
182 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 287% above the SARASOTA 34242 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 6937 MIDNIGHT PASS ROAD
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$1,500,000
7320 MELALEUCA WAY
4 bd · 4 ba · 2,970 sqft · $505/sqft · 268 DOM
Sold · Feb ’26$3,950,000
1739 LITTLE POINTE CIRCLE
4 bd · 3 ba · 3,059 sqft · $1,291/sqft · 4 DOM
Sold · Jul ’26$1,600,000
1021 CRESCENT STREET UNIT 1
3 bd · 3 ba · 2,780 sqft · $576/sqft · 159 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
Arlinda Gokyar
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 6937 MIDNIGHT PASS ROAD — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 6937 MIDNIGHT PASS ROAD — before you fall in love.
See it in person
Schedule a tour
Live availability from Arlinda's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
6937 MIDNIGHT PASS ROAD FAQs
What would the monthly payment be for 6937 MIDNIGHT PASS ROAD?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $10,989/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 6937 MIDNIGHT PASS ROAD?+
The most recent tax bill on record (2025) was $8,754. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 6937 MIDNIGHT PASS ROAD?+
The listing reports pets: Yes. 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 $1,750,000, this home is listed about 217% above the Sarasota median of $552,448. The market section on this page shows how the area is trending.
Which schools are assigned to 6937 MIDNIGHT PASS ROAD?+
Phillippi Shores Elementary School (elementary), Brookside Middle School (middle), Sarasota High School (high) — Sarasota County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$1,750,000 runs 287% above the SARASOTA 34242 median — but at 2,941 sqft it's also nearly twice the size of the typical Sarasota listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Fresh on the market
Only 4 days on market in a Sarasota market that averages 63 — if it fits, move quickly.
04Strong assigned schools
Phillippi Shores Elementary School, Brookside Middle School, Sarasota High School — Phillippi Shores Elementary School rates 5 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of CORCORAN DWELLINGS REALTY · Jason Wood. MLS #A4703773.
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.
Never miss a listing
New Sarasota homes, in your inbox
Like 6937 MIDNIGHT PASS ROAD but not quite? A daily digest of every new listing in Sarasota — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Arlinda to ping you on any price or status change →