Cottage / Storybook home in 8302 Midnight Pass Rd Sarasota, FL
Set in Sarasota, FL, this Cottage home provides 4 bedrooms and 2 bathrooms across 1,659 square feet. The Cottage styling carries through the home's design.
| Price | $1,400,000 |
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| Beds | 4 |
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| Baths | 2 |
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| Sqft | 1659 |
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| Architectural style | Cottage / Storybook (44% match) |
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| Address | 8302 Midnight Pass Rd Sarasota, FL 34242 |
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Why buy this home
- Confirmed Cottage / Storybook architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced above comparable homes.
- At $1.4M, this home is 100% above the $699K median for 25 similar Cottage / Storybook homes in Sarasota, FL.
- That works out to $844 per square foot, 122% above the $381 comparable rate.
- On the market 15 days.
| This home | $1,400,000 |
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| Cottage / Storybook median in Sarasota, FL | $699,000 (25 homes) |
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| Price per sq ft | $844 vs. $381 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $9,250/month with 20% down at a 7.28% 30-year fixed rate. You would need about $396,422 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $7,663/mo |
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| Property tax (new-buyer reassessed rate) | $1,062/mo |
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| Homeowners insurance | $525/mo |
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| Total monthly | $9,250/mo |
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| Down payment (20%) | $280,000 |
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| Income needed | $396,422/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C- (54 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C- (54/100) |
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| Beats renting in | 7% of modeled paths |
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| Modeled 5-yr equity (median) | $569,055 |
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| Range (10th to 90th pct) | $313,802 to $879,153 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Movoto