8446 Midnight Pass Rd, Sarasota, Florida
List Price: $1,499,000
MLS Number: A4634350

WATERFRONT & NO HOA Welcome to an exceptional opportunity on Siesta Key! Located just one mile from Turtle Beach, this property offers privacy, flexibility, and the serene beauty of Heron Lagoon. Spanning approximately 2 miles and covering 48 acres, Heron Lagoon is a peaceful, non-navigable body of water ideal for enjoying tranquil views, abundant wildlife, and stunning sunsets that rival those seen on nearby beaches. The lot is equipped with a built-in drainage system, providing an added layer of functionality and security for the property. The existing structure, which has experienced flood damage but has been professionally remediated, offers a clean slate for renovation or rebuilding. An updated FEMA appraisal has been completed, allowing for greater renovation costs, and a cost analysis on raising the structure has also been conducted, giving new owners valuable insights for future development. Current property, which has recently undergone remediation from flood damage, features include 300 ft.+ private driveway and fenced backyard with composite dock and plenty of room for a hot tub or pool. The back patio also features an electric awning and mature palms adding additional privacy. Interior features include impact sliding glass doors, windows, french doors, skylights (also with blinds,) electronic interior shades, and plantation shutters. With NO HOA, a rarity in Sarasota County, you have the freedom to customize the property to suit your needs. The home is conveniently located along the daily route of the free Siesta Key Trolley, providing effortless access to the island's attractions. Additional highlights include a private driveway with extra parking pad, mature palm trees, a large lawn with ample space for multiple automobiles, an RV, or even a boat, and paver patios in both the front and backyard. A professional feasibility study completed in summer 2024 also highlights the potential to add a detached garage with an office and a pool, offering endless customization possibilities. Situated just 7 miles from downtown Sarasota and close to Gulf Gate's shopping, dining, and entertainment, this property combines the tranquility of island living with the convenience of nearby urban amenities. Don't miss this rare opportunity to create your dream home on beautiful Siesta Key. Contact us today for more information or to schedule a tour!