1221 S Basin Ln Sarasota, FL 34242
Estimated payment $13,746/month
Highlights
- 159 Feet of Bay Harbor Waterfront
- White Water Ocean Views
- Dock made with wood
- Phillippi Shores Elementary School Rated A
- Water access To Gulf or Ocean
- Tennis Courts
About This Lot
A rare waterfront opportunity. Ideally just three lots from Sarasota Bay on sailboat water, with no bridges to the bay, this property presents an opportunity to be a member of the Sanderling Club and live on boating water. Renovate or elevate the structure or raze and build your dream luxury home in one of Florida’s desired coastal communities. For boating enthusiasts, the property provides direct sailboat access to Sarasota Bay, the Intracoastal Waterway and Gulf of Mexico via the recently reopened Midnight Pass. Please note the existing structure on the property was storm-damaged, has been remediated and is ready for the next owner's vision. The property is being sold for land value, offering a unique opportunity to create your custom waterfront estate on the private, nearly one-half-acre property. Outside the gates, yet part of the Sanderling Club, residents enjoy a serene lifestyle with access to social events and a private community beach where, each evening, the Gulf of Mexico paints the sky with breathtaking sunsets, creating a picture-perfect backdrop for relaxation. This property is more than just a piece of land, it’s an invitation to embrace the beauty, luxury and convenience of coastal living. Conveniently close to Siesta Key’s world-renowned crystal quartz sands, Turtle Beach, and the vibrant dining and shopping scene of Siesta Village and the South Village. Just a short drive away, downtown Sarasota offers a wealth of cultural attractions, including theaters, ballet, opera, museums and art galleries.
Listing Agent
PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #0671663 Listed on: 02/17/2025

Property Details
Property Type
- Land
Est. Annual Taxes
- $10,423
Lot Details
- 0.49 Acre Lot
- Lot Dimensions are 184x150x159x175
- 159 Feet of Bay Harbor Waterfront
- Cul-De-Sac
- Southeast Facing Home
- Property is zoned RE2
HOA Fees
- $450 Monthly HOA Fees
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Sarasota High School
Additional Features
- White Water Ocean Views
- Cable TV Available
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 0110050005
Community Details
Overview
- Association fees include ground maintenance, management, private road, recreational facilities, security
- Capstone / Dylan Clements Association, Phone Number (941) 544-8838
- Sanderling Club Community
- Sanderling Club/Siesta Properties Inc Subdivision
- Association Owns Recreation Facilities
- The community has rules related to building or community restrictions, deed restrictions
Recreation
- Tennis Courts
- Pickleball Courts
- Community Playground
- Water access To Gulf or Ocean
- Access To Intracoastal Waterway
- Dock made with wood
Security
- Security Guard
Map
Home Values in the Area
Average Home Value in this Area
Tax History
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 |
---|---|---|---|---|
2024 | $10,104 | $872,809 | -- | -- |
2023 | $10,104 | $847,387 | $0 | $0 |
2022 | $9,930 | $822,706 | $0 | $0 |
2021 | $9,967 | $798,744 | $0 | $0 |
2020 | $10,025 | $787,716 | $0 | $0 |
2019 | $9,734 | $770,006 | $0 | $0 |
2018 | $9,551 | $755,649 | $0 | $0 |
2017 | $9,514 | $740,107 | $0 | $0 |
2016 | $9,494 | $839,600 | $635,400 | $204,200 |
2015 | $9,673 | $923,300 | $711,500 | $211,800 |
2014 | $9,641 | $703,578 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/17/2025 02/17/25 | Price Changed | $2,250,000 | 0.0% | $776 / Sq Ft |
02/17/2025 02/17/25 | For Sale | $2,250,000 | -4.3% | -- |
12/22/2024 12/22/24 | For Sale | $2,350,000 | -- | $810 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | Accommodation | |
Warranty Deed | -- | -- | |
Trustee Deed | $467,000 | -- | |
Joint Tenancy Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $325,000 | No Value Available | |
Previous Owner | $303,000 | No Value Available |
Source: Stellar MLS
MLS Number: A4640949

APN: 0110-05-0005
- 1223 Lyric Ln
- 1203 Lyric Ln
- 1249 S Basin Ln
- 7320 Melaleuca Way
- 6962 Belgrave Dr
- 1236 Port Ln
- 7219 Pine Needle Rd
- 7340 Pine Needle Rd
- 1214 Sea Plume Way
- 7333 Point of Rocks Rd
- 0 Sharswood Ln
- 7510 Midnight Pass Rd
- 1021 Crescent St Unit 1
- 6840 Midnight Pass Rd Unit 6840
- 6790 Sarasea Cir Unit 6790
- 179 Vista Hermosa Cir Unit 17B
- 139 Vista Hermosa Cir Unit 37A
- 151 Vista Hermosa Cir Unit 31C
- 110 Vista Hermosa Cir Unit 102
- 7007 Point of Rocks Rd
- 7303 Midnight Pass Rd
- 1203 Lyric Ln
- 7006 Midnight Pass Rd
- 7006 Midnight Pass Rd
- 1202 Sharswood Ln
- 1027 Crescent St
- 6840 Midnight Pass Rd Unit 6840
- 110 Vista Hermosa Cir Unit 304
- 116 Vista Hermosa Cir Unit 308
- 116 Vista Hermosa Cir Unit 210C
- 6703 Midnight Pass Rd Unit 108
- 915 Seaside Dr Unit 512
- 1140 Seaside Dr Unit 101
- 6480 Midnight Pass Rd Unit 506
- 6480 Midnight Pass Rd Unit 311
- 1658 Blakemore Ln
- 1648 Stickney Point Rd Unit 48-202
- 1634 Stickney Point Rd Unit 16342
- 1650 Stickney Point Rd Unit 50-202
- 1622 Stickney Point Rd Unit 22-202