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7931 Midnight Pass Rd

Sarasota, FL 34242

4 bd 5 ba 4,754 sqft Built 2020 Lot 11,761 sqft single_family
Most recent sale
$5,700,000
Aug 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 19, 2022 Sold $5,700,000 MLS #A4533801
Jun 20, 2022 Price changed $5,750,000 MLS #A4533801
May 25, 2022 Price changed $5,995,000 MLS #A4533801
May 9, 2022 Listed $6,250,000 MLS #A4533801
Apr 15, 2022 Listing removed $6,395,000 StellarMLS
Aug 18, 2021 Sold $4,000,000 MLS #A4506112
Jul 8, 2021 Listed $4,250,000 MLS #A4506112

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,820,000 $1,402,100 $3,222,100 $37,763
2023 $2,535,900 $1,539,400 $4,075,300 $47,851
2022 $2,122,700 $1,302,800 $3,425,500 $40,630
2021 $1,962,444 $24,229
2020 $32,600 $654,100 $686,700 $8,610
2019 $602,700 $602,700 $7,534

Property facts

Year built
2020
Property type
single_family
Stories
2
Beds
4
Baths
5
Living area
4,754 sqft
Lot size
11,761 sqft
ZIP code
34242
City
Sarasota
Street
Midnight Pass Rd
Coordinates
27.23627, -82.52280

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$34,200
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7931 Midnight Pass Rd last sell?
7931 Midnight Pass Rd most recently sold on Aug 19, 2022 for $5,700,000.
What is the current tax assessment for 7931 Midnight Pass Rd?
The most recent total assessment for 7931 Midnight Pass Rd (year 2025) is $3,222,100 with $37,763 in property tax.
How does 7931 Midnight Pass Rd's assessment compare to its last sale price?
The current assessment is 43.5% below the last sale price of $5,700,000.
When was 7931 Midnight Pass Rd built?
7931 Midnight Pass Rd was built in 2020.
How does 7931 Midnight Pass Rd compare to others on Midnight Pass Rd?
We track 8 other properties on Midnight Pass Rd. Browse the list under "Other properties on Midnight Pass Rd" to compare beds, baths, and sale history.
What are the property facts for 7931 Midnight Pass Rd?
7931 Midnight Pass Rd is a 4 bed, 5 bath, 4,754 sqft, 11,761 sqft lot single_family.
Is 7931 Midnight Pass Rd a flip candidate?
Yes — 7931 Midnight Pass Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7931 Midnight Pass Rd a tax-appeal candidate?
No — 7931 Midnight Pass Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.1%
Implied 1-yr
-12.3%
2026 Q3
$1.63M
2026 Q4
$1.63M
ZIP 34242 — Median Price History + Forecast

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