David Ramirez
$29,995,0006 bd8.5 ba12,000 sqft$2,500 /sqft$185,049 /mo all-in ↓

8501 MIDNIGHT PASS ROAD, SARASOTA, FL, 34242

Active46 days on marketListed Jun 8, 2026MLS #A4692839

WaterfrontPrivate poolSingle Family ResidenceSIESTA KEY

About this home

8501 MIDNIGHT PASS ROAD

Set across nearly three acres of pristine waterfront on Siesta Key, Crystal Waters is the most significant private estate in Sarasota—a once-in-a-generation offering that redefines luxury living on Florida’s Gulf Coast. With extraordinary scale, architectural pedigree, and 217 feet of direct Sarasota Bay frontage, this landmark property represents a level of craftsmanship, beauty, and exclusivity rarely seen in the region. Designed by renowned architectural firm Stofft Cooney Architects and custom-built by Chris Jorgensen of Florida West Builders, the Palm Beach-inspired estate encompasses 10,267 square feet with five bedrooms, six full baths, and two half baths. Surrounded by lush tropical gardens and panoramic bay views, every aspect of the property has been conceived to deliver an unparalleled waterfront lifestyle. A dual-gated arrival along a Tabby seashell drive leads to a stately façade framed by towering palms and a grand porte cochère. Beyond solid mahogany doors, a magnificent foyer welcomes guests with travertine floors inlaid with cabochon stone and a sweeping staircase featuring hand-crafted Chippendale railings. Walls of impact glass dissolve the boundary between indoors and out, filling the residence with natural light and uninterrupted views of Sarasota Bay. Refined details include a natural gas fireplace with imported limestone hearth, hand-crafted Vitali European oak flooring in a warm Milano finish, custom millwork, and a serene palette of coastal hues. The kitchen is both a showpiece and gathering place, appointed with custom Campbell cabinetry, Cristallo quartzite surfaces, a custom La Cornue range, dual islands, and walk-in and butler’s pantries. A bayfront breakfast nook and formal dining room open seamlessly to expansive waterfront terraces. Nearby, the clubroom showcases hand-painted Gracie chinoiserie panels, vaulted cypress ceilings, and a wet bar. The first-floor primary suite serves as a private sanctuary overlooking the bay, with French doors opening to the pool terrace. Custom dressing rooms and spa-inspired baths surround a striking octagonal vestibule featuring New Ravenna mosaic floors, Calacatta Matarazzo quartzite, a soaking tub, and marble-clad shower. Upstairs, guest suites, a lounge, and an exercise room provide exceptional accommodations. An Old Florida-style guest residence above a four-car garage offers Pecky Cypress-lined interiors, vaulted ceilings, a full kitchen, covered balcony, and spacious bedroom suite. The main residence is further complemented by an oversized three-car garage. Outdoors, winding pathways lead through beautifully curated grounds to a spectacular 56-foot vanishing-edge saltwater pool that appears to merge with the bay beyond. A covered waterfront pavilion with fireplace, summer kitchen, and tongue-and-groove ceiling creates an elegant setting for entertaining. A private tennis court and lighted pavilion with lounge and fireplace complete the resort-caliber amenities. Along the shoreline, a 90-foot dock extends into Little Sarasota Bay and features a floating kayak launch and a 20,000-pound lift capable of accommodating a 34-foot vessel. Crystal Waters is more than a residence—it is Sarasota’s defining waterfront estate. Unmatched in scale, setting, craftsmanship, and provenance, it stands as one of the finest private properties ever created on Florida’s Gulf Coast. Available lot for sale directly across the street enjoys beach access.

Facts & features

The home at a glance

6

Bedrooms

8.5

Bathrooms

12,000

Sqft

2.78 ac

Lot size

7

Garage

2024

Year built

Two

Levels

$2,500

Per sqft

Private poolWaterfrontFireplaceWater viewPets allowed

Inside

FlooringEngineered Hardwood · Marble · Other · Tile
AppliancesBar Fridge · Built-In Oven · Dishwasher · Disposal · Dryer · Freezer · Gas Water Heater · Ice Maker · Kitchen Reverse Osmosis System · Microwave · Range · Range Hood · Refrigerator · Tankless Water Heater · Washer · Water Softener · Wine Refrigerator
InteriorBuilt-in Features · Crown Molding · Elevator · High Ceilings · Primary Bedroom Main Floor · Smart Home · Stone Counters · Thermostat · Vaulted Ceiling(s) · Walk-In Closet(s) · Wet Bar · Window Treatments
LaundryInside · Laundry Room · Other
CoolingCentral Air
HeatingCentral · Natural Gas

Outside & construction

RoofConcrete · Tile
ConstructionBlock · Stucco
FoundationStem Wall
ViewWater
FacesWest
ParkingCircular Driveway · Driveway · Garage Door Opener · Garage Faces Side · Ground Level · Oversized · Parking Pad
ExteriorBalcony · Courtyard · Dog Run · French Doors · Hurricane Shutters · Lighting · Outdoor Kitchen · Private Yard · Shade Shutter(s) · Sliding Doors · Tennis Court(s)

Community & fees

Taxes (2025)$141,465/yr
PetsYes

Utilities & systems

UtilitiesCable Connected · Electricity Connected · Natural Gas Connected · Phone Available · Sewer Connected · Street Lights · Water Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$185,049 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$161,852
PMI (est., until 20% equity)$11,248
Property tax — 2025 actual bill$11,789
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $2,999,500Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $2,999,500
Interest rate6.00%
Loan term

Estimated payment

$185,049/mo

Principal & interest$161,852
PMI (est., until 20% equity)$11,248
Property taxes (actual bill)$11,789
Est. insurance$160

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.

$/sqft vs Sarasota actives

$2,500 vs $331

Days on market

46 vs 58 typical

Where $2,500/sqft sits among the 400 Sarasota actives

265
61
38
22
8
6 · this home
$149–541$541–932$932–1324$1324–1716$1716–2108$2108+

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 Sarasota

Map of 8501 MIDNIGHT PASS ROAD

Drive times from this address

Downtown Tampa74 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Sarasota. See the full Sarasota guide →

The numbers that matter

The Sarasota market

Seller’s marketBalanced6.0 months of inventoryBuyer’s market

$470K$470K

Sarasota median sold, yr/yr

95.1%

Sale-to-list ratio (12 mo)

158 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 5162% above the Sarasota median. See the full Sarasota market guide →

Paper trail

This home's history

Jun 8, 2026Listed at $29,995,000 · 46 days on market since
2024Built · SIESTA KEY

Reality check

What actually sold near 8501 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.

4915 PRIMROSE PATHSold · Oct ’25

$1,150,000

4915 PRIMROSE PATH · same community

6 bd · 5 ba · 3,549 sqft · $324/sqft · 319 DOM

1740 BAYONNE STREETSold · Oct ’25

$535,000

1740 BAYONNE STREET

5 bd · 2.5 ba · 1,816 sqft · $295/sqft · 11 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.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 8501 MIDNIGHT PASS ROAD — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 8501 MIDNIGHT PASS ROAD — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

Goes straight to David’s phone and CRM.

Straight answers

8501 MIDNIGHT PASS ROAD FAQs

What would the monthly payment be for 8501 MIDNIGHT PASS ROAD?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $185,049/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 8501 MIDNIGHT PASS ROAD?+

The most recent tax bill on record (2025) was $141,465. 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 8501 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 $29,995,000, this home is listed about 5162% above the Sarasota median of $570,000. The market section on this page shows how the area is trending.

Listing courtesy of MICHAEL SAUNDERS & COMPANY · Kim Ogilvie. MLS #A4692839.

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.

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8501 MIDNIGHT PASS ROAD, SARASOTA, FL — 6 Bed, 8.5 Bath — $29,995,000 | CENTURY 21 Edge