Residential Property - Single Family Residence in Osprey
Listing Price: $6,500,000 (Mortgage Calculator →)
Description of Property
Rarely available Gulf to Bay estate size property with 175 feet of Gulf frontage, 175 feet of Bay frontage and encompassing 1.5 acres is located on the exclusive North End of Casey Key. Casey Key, distinguished for its absence of high-rises, traffic congestion, and private beaches, is one of the most esteemed barrier islands of Sarasota and Florida’s Gulf Coast. Positioned amidst exclusivity and privacy, this property presents a prime canvas for luxurious coastal living. Opportunity to build a spectacular new residence with no barriers to removing the current structure; or embrace “Old Florida” and restore the original house built in 1916. This building is the first and oldest structure built on Casey Key and was utilized as a “Fishing Lodge”. Uniquely the front of the house is oriented to Little Sarasota Bay because when it was built there were no bridges and the guests arrived and departed on boats from the mainland! Numerous infrastructure items have been completed facilitating a seamless progression for prospective owners. Most noteworthy is the successful approval and issuance of the permit by the State of Florida Department of Environmental Protection Agency to build west of the coastal construction line, which allows for a 6600+ square foot two-story single-family residence, a 1600+ square foot one-story detached accessory structure with bonus suite, swimming pool, and a reflecting pond at the entrance of the main residence. This is significant because the State EPA permit is the most difficult permit to obtain; also, the Sarasota County building permits are currently in process. The impressive new dock is constructed with premium composite decking and sturdy pilings, which accommodates various vessel sizes, including a 40,000-pound boat lift for vessels over 40 feet, a 17,000-pound lift for boats ranging from 25 to 37 feet, plus a double wave runner lift. Extending 162 feet into the bay, the dock offers power and water access throughout its length, alongside amenities like a fish cleaning station and other conveniences. Additionally, the newly drilled 4-inch and 400-foot-deep irrigation well assures that the estate grounds will be a lush and tropical environment. Embracing the island lifestyle, residents relish the warm Gulf breezes by day and breathtaking sunsets at dusk. A favorite transportation choice by residents is often Golf Carts with easy access to nearby tiki bars, restaurants, grocery store, pharmacy and more. The property's strategic location just north of the historic Blackburn Point bridge facilitates excellent proximity to the mainland with top-rated schools, fine dining establishments, Downtown Sarasota, St Armand’s Circle, The Island of Venice, and world-class medical facilities. Notably, Casey Key is the ONLY barrier island in the region with an expressway from Tamiami Trail to I75 creating easy access to all area international airports, plus private air travel options within ten minutes. The allure of this locale is undeniable, as Casey Key Road was recently acclaimed as the most impressive street nationwide, underscoring the unparalleled status of this magical barrier island.
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Bedrooms: 5
Bathrooms: 3
Sq. Ft. Gross: 4,375
Garage: No
Carport: No
Parking Features:
Spa Features:
Water Frontage: Bay/Harbor, Gulf/Ocean to Bay
Water Features: Bridges - No Fixed Bridges, Lift
Water Access:
- Bay/Harbor
- Gulf/Ocean
- Gulf/Ocean to Bay
- Intracoastal Waterway
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Osprey
County: Sarasota
Subdivision: Casey Key
Bedrooms: 5
Bathrooms: 3
Sq. Ft. Gross: 4,375
Sq. Ft. Living Area: 3,086
Cost per (heated) sqare foot: $2,106
Year built: 1916
Annual Tax: $37,227
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Microwave, Refrigerator
Accessibility Features:
Fireplace: Yes
Fireplace Features:
Window Features:
Additional Rooms:
Ceiling Type:
Flooring: Vinyl, Hardwood
Schools
Elementary School: Laurel Nokomis Elementary
Middle/Junior High School: Laurel Nokomis Middle
High School: Venice Senior High
Pool & Waterfront Info
Private Pool: Not specified
Pool Features:
Spa Features:
Water Front: Yes
Water Frontage: Bay/Harbor, Gulf/Ocean to Bay
Water Access: Yes
Water Access Type:
- Bay/Harbor
- Gulf/Ocean
- Gulf/Ocean to Bay
- Intracoastal Waterway
Water View:
- Bay/Harbor - Full
- Gulf/Ocean - Full
- Gulf/Ocean to Bay
- Intracoastal Waterway
Water Name: Little Sarasota Bay, Gulf
Exterior & Construction
Architectural Style:
- Coastal
- Custom
- Florida
Construction: Wood Frame, Wood Siding
Foundation: Other
Roof: Other, Shingle
Exterior Features: Other
Parking Features:
Floors Total: 2
Floors in Unit: Two
Cooling: Wall/Window Unit(s)
Heating & Fuel: Other
Electric:
Patio & Porch Features:
- Deck
- Front Porch
- Porch
Security Features:
Other Structures:
View: Trees/Woods, Water
Fencing:
Sewer: Septic Tank
Water Source: Public
Community Features:
Association Amenities:
Lot Information
Lot Features:
- Cleared
- In County
- Level
- Near Marina
- Oversized Lot
- Street Dead-End
Lot Size (acres): 1.58
Lot Size (sq. ft.): 68,782 square feet
Lot Dimensions: 175 x 450 x 175 x 467
Road Frontage: Street Dead-End, Street Paved
Front Exposure: West
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional
Parcel Number: 0146170002
Zoning: RE1
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: S 175 FT OF N 250 FT OF S 2750 FT OF SEC 9-38-18 DESC AS BEG AT MEANDER COR ON S LINE OF SEC 9 TH W ALG S LINE 439 FT TO IP ON SHORES OF GULF OF MEX TH N-18-W 2500 FT FOR POB TH N-19-17-W 175 FT TH
Disclosures: Lead Paint
Section: 9
Range: 18E
Listing courtesy of AYERS AND ASSOCIATES 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.