8285 MIDNIGHT PASS RD, Sarasota, FL 34242

This property offers potential as-is or based on redevelopment. Enjoy the sought-after island lifestyle in this tropical paradise on world-famous Siesta Key. Set on nearly one acre of land with over 160 waterfront feet, directly on the bay, this home sits near the water with lush landscape all around creating the ultimate private compound. Unique architectural elements, abundant outdoor entertaining areas and stunning water views come together to create the ideal island getaway. The main house master suite encompasses the entire second floor and features a private screened patio, sitting room, office and dual baths. The large kitchen boasts built-in grill and hood, newer appliances, bar seating and breakfast area. The separate access guest quarters feature a living room with fireplace, dining room, one bedroom and bathroom. The incredible outdoor space includes a large pool, hot tub, covered and uncovered seating areas and waterfront gazebo. A long wooden dock with water and electric caters to the boating enthusiast and completes this incredible island retreat. This home offers a newer roof and an additional air-conditioned space attached to the garage, perfect for an office, studio or gym. Seller has obtained a zoning determination letter from Sarasota County confirming the lot can be divided and two single-family homes can be built. Great redevelopment potential. Property is currently in rental pool and income producing. Price based on appraisal for two half acre lots with 70 feet of water frontage.