8212 MIDNIGHT PASS RD ROAD, #1-10
Sarasota, FL 34242
$3,950,000
Siesta Key Bungalows is a cozy island offering 10 one-bedroom bungalows, some over looking the tranquil pristine blue waters of Heron Lagoon, and others overlook the lush tropical courtyard of Siesta Key Bungalows. The Bungalows sit less than a mile away from Siesta Key's beaches and boast free kayaking and canoeing on Heron Lagoon as well as a sparkling, heated pool and affordable rates year round. Siesta Key Bungalows are located near all 3 beaches on Siesta Key. You will be able to view all the beauty Siesta Key has to offer. Siesta Key offers a free trolley that connects the entire island including Siesta Key Bungalows. Gross income in past years prior to the hurricane was just over $500,000.00. Net operating income was just over $200,000.00 for the year.
Listing Courtesy of: RE/MAX ALLIANCE GROUP
941-954-5454
| Listing Id: | A4708753 |
|---|---|
| List Price: | $3,950,000 |
| Property Type: | Commercial Sale |
| Property Sub Type: | Multi-Family 5+ |
| Status: | Active |
| Living Area: | 5,490 |
| Tax Annual Amount: | $26,551 |
| Lot Size Square Feet: | 29,019 |
| Lot Size Acres: | 0.66 |
| Waterfront?: | Yes |
| City: | Sarasota |
| County Or Parish: | Sarasota |
| Postal Code: | 34242 |
| Year Built: | 1953 |
| Number Of Units Total: | 10 |
| Additional Parcels?: | No |
| Appliances: | Microwave, Refrigerator |
| Building Area Source: | Public Records |
| Building Area Total: | 5490 |
| Building Area Units: | Square Feet |
| Electric: | 150 Amp Service |
| Direction Faces: | Undetermined |
| Foundation Details: | Crawlspace, Pillar/Post/Pier |
| Construction Materials: | Block, Frame |
| Cooling: | Central Air |
| Gross Scheduled Income: | $500,000 |
| Directions: | Take Midnight Pass Rd South from Stickney Point Rd property will be on your right. |
| Flooring: | Ceramic Tile, Vinyl |
| Gross Income: | $500,000 |
| Heating: | Electric |
| Levels: | One |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Features: | FloodZone, Interior Lot, Sidewalk, Paved, Waterfront |
| Lot Size Acres: | 0.66 |
| Lot Size Dimensions: | 150X192 |
| MLS Area Major: | 34242 - Sarasota/Crescent Beach/Siesta Key |
| MLS Area Major: | 34242 - Sarasota/Crescent Beach/Siesta Key |
| Net Operating Income: | $200,000 |
| Original List Price: | $4,500,000 |
| Parcel Number: | 0128020012 |
| Parking Features: | Common, Shared Parking |
| Road Frontage Type: | County Road |
| Road Surface Type: | Asphalt |
| Roof: | Built-Up |
| Listing Terms: | Cash, Owner Financing |
| Tax Year: | 2025 |
| Security Features: | Smoke Detector(s) |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Utilities: | Electricity Available, Natural Gas Available |
| Water Source: | Public |
| Number Of Lots: | 1 |
| Property Condition: | Completed |
| Zoning: | SKOD |
| Possession: | Negotiable |
| Waterfront Features: | Lagoon |
| Window Features: | Aluminum Frames, Shades, Window Treatments |
| Building Features: | Bathrooms, Kitchen Facility |
| Adjoining Property: | Hotel/Motel, Multi-Family, Residential |
| Annual Income Type: | Actual |
| Building Area Total Srch Sq M: | 510.04 |
| Calculated List Price By Calcula: | 719.49 |
| Ceiling Type: | Acoustical |
| Complex Community Name Nccb: | SIESTA KEY BUNGALOWS |
| Complex Development Name: | Siesta Key Bungalows |
| Condo Environment Yn: | No |
| Flood Zone Code: | X |
| Green Verification Count: | 0 |
| Living Area Meters: | 510.04 |
| Lot Size Square Meters: | 2696 |
| Management: | Owner Manager |
| Num of Hotel Motel Rms: | 10 |
| Num of Restrooms: | 10 |
| Sale Includes: | Building(s) and Land, Furniture/Fixtures, Leases |
| Sdeo yn: | No |
| Total Acreage: | 1/2 to less than 1 |
| Total Num Buildings: | 10 |
| Unit Number Yn: | No |
| Water Access: | Lagoon |
| Water Access Yn: | Yes |
| Water Extras: | Deck |
| Water Extras Yn: | Yes |
| Water Frontage Feet Lagoon: | 150 |
| Waterfront Feet Total: | 150 |
| Water View: | Yes |
| Signage: | Pole Sign |
| Road Responsibility: | Public Maintained Road |
| Attribution Contact: | 941-954-5454 |
| Originating System Name : | Stellar MLS |
| Dock Description: | Dock - Wood, Dock w/Electric, Restroom/Shower |
| Dock Dimensions: | 5X20 |
| Dock Yn: | Yes |
| Green Energy Generation Yn: | No |
| Number Of Separate Electric Meters: | 10 |
| Number Of Separate Water Meters: | 1 |
| Listing Contract Date: | 2026-10-06 |
| Income Includes: | Laundry |
| New Construction?: | No |
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Property Last Updated: November 06, 2026 11:36 AM - ET
