Land - Real Estate in Sarasota
Listing Price: $2,750,000 (Mortgage Calculator →)
Description of Property
A rare opportunity on Siesta Key’s Little Sarasota Bay. Positioned at the end of a quiet street in the established Midnight Harbor neighborhood, this 0.45-acre bayfront lot offers 287 feet of water frontage—approximately 92 feet along the bay and 195 feet along a protected saltwater canal—creating water on two sides and expansive open water views. The property is being offered for land value and presents an exceptional canvas for a new custom bayfront estate. The existing structure is not being marketed for renovation, allowing a buyer or builder to focus fully on designing a residence that maximizes the site’s orientation, water views, and waterfront lifestyle potential. The bayside seawall was replaced in 2014, along with 20 feet of the canal seawall. The protected canal frontage provides practical boating access with sailboat water and no fixed bridges, allowing direct navigation to the Intracoastal Waterway and Gulf beyond. The depth of the lot and the dual water exposure create compelling opportunities for architectural design, outdoor living spaces, and waterfront amenities. The site is enhanced by mature coastal trees that contribute character and scale—elements often absent in newly created waterfront parcels. With nearly half an acre and substantial waterfront exposure, the property offers the scale required for a significant new coastal residence designed to modern building standards and elevated construction. Located just minutes from Siesta Beach and offering convenient access to the mainland via the Stickney Point Bridge, the setting combines island privacy with proximity to Sarasota’s dining, cultural, and entertainment districts. Waterfront redevelopment opportunities with this amount of bay and canal frontage on Siesta Key are increasingly limited, making this property a compelling investment for a builder, developer, or buyer seeking to create a legacy waterfront home.
Property Details At A Glance
Property Type: Land
City: Sarasota
County: Sarasota
Subdivision: Midnight Harbor Sub
Annual Tax: $9,037
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Schools
Elementary School: Phillippi Shores Elementary
Middle/Junior High School: Brookside Middle
High School: Sarasota High
Water Front: Yes
Water Frontage: Intracoastal Waterway
Water Access: Yes
Water Access Type: Intracoastal Waterway
Water Name: LITTLE SARASOTA BAY
Utilities: Water Connected
Sewer: Septic Tank
Water Source: Public
Lot Information
Lot Features: Street Dead-End
Lot Size (acres): 0.45
Lot Size (sq. ft.): 19,626 square feet
Lot Dimensions: 92 x 195 x 200 x 105
Road Frontage: Private Road
Front Exposure: West
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 0110110015
Zoning: RSF1
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: LOT 13 & PRIVATE ST ADJ THERTO IN OR 1172/1305 MIDNIGHT HARBOR
Section: 20
Range: 18
Listing courtesy of PREMIER SOTHEBY'S INTERNATIONAL 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.