Residential Property - Single Family Residence in Sarasota
Listing Price: $829,900 (Mortgage Calculator →)
Description of Property
Under Construction. OWNER/PRIVATE FINANCING MAY BE AVAILABLE. Welcome to 1731 SIESTA DRIVE in Sarasota — a rare LUXURY NEW CONSTRUCTION OPPORTUNITY in one of the most desirable and high-demand areas on the Gulf Coast. This partially completed build is designed for a 4 BEDROOM / 4.5 BATH MAIN HOME plus a 1 BEDROOM / 1 BATH POOL HOUSE, offering incredible potential for a CUSTOM ESTATE or a profitable INVESTOR PROJECT. With an estimated $300,000 REMAINING TO COMPLETE and a projected AFTER REPAIR VALUE OF APPROX. $1.8 MILLION, this is the kind of deal that doesn’t come around often in Sarasota. The home is planned for approximately 3,200 SQ FT OF TOTAL LIVING SPACE on a 5,662 SQ FT LOT with NO HOA, giving you full flexibility in design and use. CONCRETE BLOCK CONSTRUCTION is already in place, and the ROOF, NEW COOLING SYSTEM, GARAGE, and FINAL FINISHES are ready for the next owner to bring to life. A PRIVATE POOL is also part of the approved plan, creating the indoor-outdoor lifestyle Sarasota is famous for. The location simply cannot be beat. You’re just minutes from SIESTA KEY BEACH, DOWNTOWN SARASOTA, upscale shopping, fine dining, top-rated schools, and quick access to US-41 and I-75. Whether you complete the project for resale or finish it as your own modern coastal retreat, this address delivers the ideal combination of LOCATION, LUXURY, AND LONG-TERM VALUE. This is your chance to take over a premium property in mid-build and finish a true Sarasota showpiece exactly the way you want it. Opportunities with this level of upside and flexibility are extremely limited. OWNER/PRIVATE FINANCING MAY BE AVAILABLE WITH SUBSTANTIAL DOWN PAYMENT.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Bayview
Bedrooms: 5
Bathrooms: 5
Half Baths: 1
Sq. Ft. Gross: 3,200
Sq. Ft. Living Area: 3,200
Cost per (heated) sqare foot: $259
Year built: 2025
Annual Tax: $3,714
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: None
Flooring: Concrete
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Architectural Style: Contemporary
Construction: Concrete
Foundation: Slab
Roof: Other
Exterior Features: Sliding Doors
Garage: Yes
Garage Spaces: 2
Floors in Unit: Two
Cooling: None
Heating & Fuel: Central
Electric:
Patio & Porch Features:
Security Features:
Other Structures: Guest House
View:
Fencing:
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 0.13
Lot Size (sq. ft.): 5,850 square feet
Front Exposure: South
Legal Description & Other Information
Financing Available: Private Financing Available
Parcel Number: 2039100055
Zoning: RMF2
New Construction: Yes
Tax Legal Desc.: LOT 15, BLK B, BAYVIEW
Section: 31
Range: 18E
Listing courtesy of MERIDIAN REAL ESTATE. 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.