Residential Property - Single Family Residence in Sarasota
Listing Price: $5,500,000 (Mortgage Calculator →)
Description of Property
Exclusive waterfront opportunity on Siesta Key. Discover the pinnacle of waterfront living with this gated, estate-sized 1.27-acre property located on highly coveted Bay Island at the desirable north end of Siesta Key. This exceptional property is a boater's paradise, offering 178 feet of sailboat (no bridges) waterfront with oversized dockage and unparalleled access to the Gulf of Mexico via deep boating waters through Big Pass. The current main residence, storm-damaged and slated for demolition, presents a rare opportunity to design and build your dream coastal retreat on this expansive lot. Architectural plans for a stunning 5,000-square-foot coastal-contemporary residence are available, providing a seamless vision for this premier property. Meanwhile, a newly constructed, elevated guest house offers immediate accommodations, blending modern luxury with breathtaking views of the serene surroundings. This estate also boasts a professional-grade tennis court for the sports enthusiast, an oversized dock and boat lift capable of accommodating larger vessels, and a separate kayak dock and jet ski dock, ensuring seamless enjoyment of the water. Situated just minutes from world-famous Siesta Beach and the mainland’s vibrant Sarasota lifestyle, this prime location offers the best of both worlds: the tranquility of island living and the convenience of world-class dining, shopping, and cultural amenities. This is more than a property - it’s a canvas to create a legacy estate in one of Florida’s most sought-after waterfront enclaves.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Bay Island
Bedrooms: 1
Bathrooms: 1
Sq. Ft. Gross: 3,000
Sq. Ft. Living Area: 1,500
Cost per (heated) sqare foot: $3,667
Year built: 2024
Annual Tax: $26,494
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Interior Features:
- Ceiling Fan(s)
- High Ceilings
- Stone Counters
- Thermostat
- Vaulted Ceiling(s)
- Walk-In Closet(s)
Appliances:
- Dishwasher
- Dryer
- Refrigerator
- Washer
Accessibility Features:
Window Features:
Additional Rooms:
Ceiling Type:
Flooring: Luxury Vinyl, Porcelain Tile
Schools
Elementary School: Phillippi Shores Elementary
Middle/Junior High School: Brookside Middle
High School: Sarasota High
Pool & Waterfront Info
Private Pool: Not specified
Pool Features:
Spa Features:
Water Front: Yes
Water Frontage: Canal - Saltwater
Water Access: Yes
Water Access Type: Canal - Saltwater
Water View: Canal
Water Name: Canal To Big Pass
Water Extras:
- Bridges - No Fixed Bridges
- Lift
- No Wake Zone
- Sailboat Water
- Seawall - Concrete
Exterior & Construction
Architectural Style:
Construction: Block
Foundation: Slab
Roof: Metal
- Balcony
- French Doors
- Garden
- Irrigation System
- Private Mailbox
- Tennis Court(s)
Garage: Yes
Garage Spaces: 2
Parking Features: Driveway, Garage Door Opener
Floors Total:
Floors in Unit: Two
Cooling: Central Air
Heating & Fuel: Central, Electric
Electric:
Patio & Porch Features: Front Porch
Security Features:
Other Structures: Guest House, Tennis Court(s)
View:
- Garden
- Trees/Woods
- Water
Fencing:
Utilities:
- Cable Available
- Cable Connected
- Electricity Available
- Electricity Connected
- Sewer Connected
- Water Available
- Water Connected
Sewer: Public Sewer
Water Source: Public
Community Features:
Association Amenities:
Lot Information
Lot Features:
- Flood Zone
- City Lot
- Oversized Lot
- Private
Lot Size (acres): 1.28
Lot Size (sq. ft.): 55,607 square feet
Lot Dimensions: 178 x 303 x 175 x 298
Road Frontage: Street Paved
Front Exposure: East
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional
Parcel Number: 2019100027
Zoning: RSF1
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: LOTS 150 151 152 & S 1/2 OF LOT 153 & THAT PORTION OF VACATED CANAL AVE LYING WLY OF SAID LOTS, ALSO LOTS 173 174 175 & S 1/2 OF LOT 172 & THAT PORTION OF VACATED ALLEY LYING WLY OF SAID LOTS 173 174
Disclosures: Flood Disclosure, Seller Property Disclosure
Section: 36
Range: 17
Listing courtesy of PREMIER SOTHEBYS INTL REALTY. 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.