$800,000 $300K PRICE DROP
- Land
- 47.76 Acres
- $16,750 per Acre
- 0 Manasota Key Island Property
- Unit MFRC7506730
- Englewood, FL
Estimated payment $4,968/month
Thornton Key Family Compound & Island Development Opportunity This is the kind of property defines a family’s legacy for generations. Seize the southern tip of Thornton Key — a true bridgeless barrier island on Florida’s Gulf Coast — and create a private multi-home estate that cannot be duplicated. This 8-lot, 3.41-acre waterfront assemblage offers rare flexibility for a family compound, shared-ownership retreat, boutique island development, or singular trophy estate. With the potential for multiple custom residences, private docks, and boat lifts, the property supports the vision of a private island address shared by family, friends, or a limited collection of owners. Navigate directly from your dock into Lemon Bay, or reach the deep water of the Gulf in minutes. The location offers exceptional boating access to Lemon Bay, Stump Pass, Boca Grande Pass, the Intracoastal Waterway, and the Gulf of Mexico. Directly across the channel from Rum Bay Restaurant and close to mainland marinas, dining, and slip options, Thornton Key balances island seclusion with convenient access to the mainland. Arrival is by boat only, preserving the quiet, low-density character of the Bridgeless Barrier Islands. Gulf sunset views, natural island surroundings, world-class fishing access, and flexibility for personal use, shared ownership, or rental use when not personally occupied create a lifestyle opportunity that is difficult to duplicate on the Florida Gulf Coast. Whether envisioned as a multi-home family compound, a private island retreat for serious boaters, a boutique development, or a generational waterfront estate, this is one of Thornton Key’s most significant remaining assemblages. Seller financing is available for qualified buyers with a meaningful down payment.
Detailed site information, planning-level materials, and other land-use considerations are available on request.
Listing Agent
SUNQUEST REAL ESTATE LLC Brokerage Phone: 941-525-3758 License #3538548 Listed on: 02/22/2026
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,148 | $55,616 | $55,616 | |
| 2023 | $1,121 | $55,616 | $55,616 | $0 |
| 2022 | $980 | $46,226 | $46,226 | $0 |
| 2021 | $788 | $30,697 | $30,697 | $0 |
| 2020 | $775 | $29,759 | $29,759 | $0 |
| 2019 | $781 | $29,759 | $29,759 | $0 |
| 2018 | $758 | $29,759 | $29,759 | $0 |
| 2017 | $526 | $29,759 | $29,759 | $0 |
| 2016 | $575 | $31,271 | $0 | $0 |
| 2015 | $583 | $31,226 | $0 | $0 |
| 2014 | $587 | $31,141 | $0 | $0 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/22/2026 02/22/26 | For Sale | $900,000 | -- | -- |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $155,000 | -- | |
| Warranty Deed | -- | -- |
I started in real estate by helping a friend market a few properties that hadn’t sold through traditional methods. What began as a favor turned into a full-time career built around creative problem-solving and practical marketing strategies.
Over the years, I’ve helped owners successfully sell properties with unique circumstances, special features, or situations that required more than the standard approach. I enjoy finding what makes each property stand out and matching it with the
Source: Stellar MLS
MLS Number: C7522153
APN: 412031201007
Ask me questions while you tour the home.