Residential Property - Single Family Residence in Nokomis
Listing Price: $4,000,000 (Mortgage Calculator →)
Description of Property
Awesome development opportunity on 5.54 acres close to the new Sarasota Memorial Hospital, as well as Publix shopping plaza, restaurants, Nokomis Orange Groves and so much more nearby. ONLY 4.5 miles to Nokomis Beach, 6.6 miles to Venice Beach and 15 miles to Siesta Key Beach. Assemblage available for up to 16.68 acres with 5.91 Acres ( 1109 Twin Laurel Blvd / MLS ID N6133285 ) and 5.23 acres ( 1107 Twin Laurel Blvd / MLS ID N6133298 ) Area Growth & Development Momentum The subject property is positioned within one of the fastest-growing corridors in South Sarasota County, surrounded by substantial planned and recently delivered development that continues to transform the Laurel Road / I-75 area into a true mixed-use destination. Immediately east of the site, a major master-planned mixed-use project is advancing on approximately 32 acres. This development is expected to introduce a full spectrum of uses including hospitality, office, retail, residential, assisted living, and self-storage—bringing new population density, employment, and daily traffic to the immediate area. To the west, Casatta Lakes is delivering a 151-home luxury residential community, with custom new construction homes commanding prices well above $700,000. This high-income residential base strengthens long-term demand for retail, medical, service, and lifestyle-oriented uses nearby. Southwest of the property, a large-scale commercial mixed-use project is planned along Laurel Road, anchored by national big-box retailers including Walmart and Home Depot. This development will further solidify Laurel Road as a primary retail and commercial spine serving both local residents and regional traffic. The area is also anchored by Sarasota Memorial Hospital, which has already completed a significant expansion and continues to invest heavily in the surrounding medical district. Current plans include a new state-of-the-art Rehabilitation Pavilion, reinforcing the corridor’s role as a regional healthcare hub and driving sustained demand for medical office, outpatient, hospitality, and supporting commercial uses.
Bedrooms: 3
Bathrooms: 3
Half Baths: 1
Sq. Ft. Gross: 4,173
Garage: Yes2 vehicles
Carport: No
Parking Features: Open
Private Pool: Yes
Pool Featuress: Screen Enclosure
Spa Features:
Water Frontage: Pond
Water Features:
Water Access: Pond
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Nokomis
County: Sarasota
Subdivision: Twin Laurel Estates
Bedrooms: 3
Bathrooms: 3
Half Baths: 1
Sq. Ft. Gross: 4,173
Sq. Ft. Living Area: 3,045
Cost per (heated) sqare foot: $1,314
Year built: 1994
Annual Tax: $5,489
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Microwave
Flooring: Vinyl
Pool & Waterfront Info
Private Pool: Yes
Pool Features: Screen Enclosure
Water Front: Yes
Water Frontage: Pond
Water Access: Yes
Water Access Type: Pond
Exterior & Construction
Construction: Stucco
Foundation: Slab
Roof: Shingle
Exterior Features: Storage
Garage: Yes
Garage Spaces: 2
Parking Features: Open
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features:
Security Features:
Other Structures: Storage
View: Water
Fencing:
Sewer: Septic Tank
Water Source: Well
Lot Information
Lot Features: Zoned for Horses
Lot Size (acres): 5.54
Lot Size (sq. ft.): 241,436 square feet
Road Frontage: Private Road
Front Exposure: Northwest
Legal Description & Other Information
Financing Available: Other
Parcel Number: 0380080002
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: LOT 11 TWIN LAUREL ESTATES
Listing courtesy of KELLER WILLIAMS ON THE WATER S. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.