Edward And Julie Burke Purchase Waterfront Estate In Sarasota For $21.95M From Crystal Lahners

The property involved in the transaction is a single-family home located at 8501 Midnight Pass Road in Sarasota, FL. The estate spans 2.78 acres and features 10,200 square feet of living space. The property was sold for $21,950,000, which translates to a price per square foot of $2,152. This waterfront estate includes five bedrooms, a guest house, a tennis court, a pool, a dock, and a boat lift, all overlooking 217 feet of Little Sarasota Bay frontage.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $21,950,000
• Address: 8501 Midnight Pass Road
• Market: Sarasota, FL
• Acres: 2.78
• Square Footage: 10,200
• Price per Square Foot: $2,152
• Buyer: Edward & Julie Burke
• Seller: Crystal Lahners
• Buyer's Representative: Andrew Greenwell & Kelly Mooney - Douglas Elliman
• Seller's Representative: Kim Ogilvie & Lynn Morris - Michael Saunders & Company

This transaction showcases a noteworthy collaboration between the representatives involved. The buyer's interests were represented by Andrew Greenwell and Kelly Mooney from Douglas Elliman, while the seller was represented by Kim Ogilvie and Lynn Morris from Michael Saunders & Company. Notably, the sale price was approximately 30% below the seller's last asking price of $29.99 million.