$4,800,000
SOLD DEC 2, 2024
0.48 Acre
$10,000,000 Price per Acre
20,909 Sq Ft Lot

Recently Sold

$704 Per Sq Ft

3% Below List Price

451 Days on Market

Highlights

  • 184 Feet of Waterfront
  • White Water Ocean Views
  • 0.48 Acre Lot
  • Southside Elementary School Rated A
  • Access to Bay or Harbor
  • Private Lot

About This Lot

As of December 2024

One or more photo(s) has been virtually staged. This may be one of your final opportunities to build your dream home in one of the most exclusive waterfront areas West of Trail neighborhoods. These properties have breathtaking views of Sarasota Bay. Both lots are available at $4,950,000 each. They are +/- 20,000 square foot lots on deep protected water where Hudson Bayou meets Sarasota Bay. The property is in the highly popular neighborhood of Bay Point Park and has beautiful views of Selby Gardens, the lights of the City, the Ringling Bridge, the Bayou, and the Bay. The neighborhood is just minutes away from Downtown Sarasota, Southside Village, St. Armand’s Circle, and our areas beautiful beaches.

Dynan Construction is a Custom Home Builder in Sarasota, Florida that works closely with their clients to create one-of-a-kind homes that fit perfectly and work exquisitely. Dynan has constructed many 5-star residences in the immediate area; Each of which was designed, crafted, and built with extraordinary care. Their homes are personal, intimate and a complete and joyous expression of the desires of each and every client. They specialize in delivering a turnkey product to clients, managing all phases of the construction process, from site work and land development to construction and delivery. They would be honored to be the proud Home Builder for your new Residence.

Last Agent to Sell the Property

Larry Starr

SVN COMMERCIAL ADVISORY GROUP Brokerage Phone: 941-387-1200 License #3039111 Listed on: 03/20/2023

SVN COMMERCIAL ADVISORY GROUP

Last Buyer's Agent

Larry Starr

SVN COMMERCIAL ADVISORY GROUP Brokerage Phone: 941-387-1200 License #3039111 Listed on: 03/20/2023

SVN COMMERCIAL ADVISORY GROUP

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $41,339

Lot Details

  • 0.48 Acre Lot
  • 110 Ft Wide Lot
  • 184 Feet of Waterfront
  • 92 Feet of Bay Harbor Waterfront
  • 92 Feet of Bayou Waterfront
  • Street terminates at a dead end
  • South Facing Home
  • Private Lot
  • Well Sprinkler System
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned RSF1

Property Views

  • White Water Ocean
  • Full Bay or Harbor
  • Bayou

Utilities

  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 2036140022

Community Details

Overview

  • Property has a Home Owners Association
  • Bay Point Park Community
  • Bay Point Park 2 Subdivision

Recreation

  • Access to Bay or Harbor
  • Access To Bayou
  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$41,339

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.48
  • Lot Size Sq Ft: 20000
  • Directions to Property: From Route 41 head south on Orange Avenue and make a right on Bay Point Drive.
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 1047267
  • RATIO Current Price By Calculate: 240.00
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • Attribution Contact: 941-387-1200
  • Tax Year: 2022
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 1507

Exterior Features

  • Direction Faces: South
  • Road Frontage Type: City Street
  • View: Water
  • Water Body Name: HUDSON BAYOU/SARASOTA BAY
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Bay/Harbor,Bayou
  • Water Extras: Sailboat Water,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full,Bay/Harbor - Partial,Bayou
  • Water View YN: 1
  • Waterfront Feet Total: 184
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0133F
  • Additional Water Information: Both lots include seawalls.
  • Price Per Acre: 10000000
  • Water Frontage Feet Bay Harbor: 92
  • Water Frontage Feet Bayou: 92

Utilities

  • Utilities: BB/HS Internet Available, BB/HS Internet Capable, Cable Available, Electrical Nearby, Electricity Available, Fire Hydrant, Natural Gas Available, Phone Available, Sewer Available, Sewer Connected, Sprinkler Well, Street Lights, Water Available, Water Connected
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association 2 YN: 0
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2036140022
  • Additional Parcels Description: No
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable, Cleared, Compact Soil, City Limits, Private, Sidewalk, Street Dead-End, Street Lights, Paved
  • Lot Dimensions: See Pictures
  • Flood Zone Code: VE
  • Lot Size Square Meters: 1858
  • Zoning Compatible YN: 1
  • Current Adjacent Use: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 41339
  • Tax Book Number: 1-201
  • Tax Lot: 9

Multi Family

  • Waterfront Features: Bay/Harbor, Bayou

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2023
Closed on
Dec 2, 2024
Sold by
1507 Bay Point Drive Western Lot Llc
Bought by
Ann Colman Trust and Colman
Seller's Agent
Larry Starr
SVN COMMERCIAL ADVISORY GROUP
Buyer's Agent
Larry Starr
SVN COMMERCIAL ADVISORY GROUP
List Price
$4,950,000
Sold Price
$4,800,000
Premium/Discount to List
-$150,000
-3.03%
Views
230
Current Estimated Value
$4,630,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$169,311
Avg. Annual Appreciation
-3.50%

Purchase Details

Listed on
Feb 22, 2022
Closed on
Feb 23, 2023
Sold by
Collins Barbara S
Bought by
1507 Bay Point Drive Llc
Seller's Agent
Cole Collins
COLDWELL BANKER REALTY
Buyer's Agent
Reid Murphy
DEVELOPERS REALTY LBK, INC
List Price
$9,499,000
Sold Price
$6,350,000
Premium/Discount to List
-$3,149,000
-33.15%
Views
62

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.55%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $4,800,000 None Listed On Document
Warranty Deed $4,800,000 None Listed On Document
Warranty Deed $6,350,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 Sold $4,800,000 -3.0% $704 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
04/06/2024 04/06/24 For Sale $4,950,000 0.0% $726 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/20/2023 03/20/23 For Sale $4,950,000 -22.0% $726 / Sq Ft
02/23/2023 02/23/23 Sold $6,350,000 -19.6% $864 / Sq Ft
12/08/2022 12/08/22 Pending -- -- --
12/02/2022 12/02/22 Price Changed $7,899,000 -7.1% $1,075 / Sq Ft
09/23/2022 09/23/22 Price Changed $8,499,000 -10.5% $1,156 / Sq Ft
05/06/2022 05/06/22 For Sale $9,499,000 +49.6% $1,292 / Sq Ft
05/04/2022 05/04/22 Off Market $6,350,000 -- --
03/28/2022 03/28/22 Price Changed $10,650,000 -7.4% $1,449 / Sq Ft
02/22/2022 02/22/22 For Sale $11,500,000 -- $1,565 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

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 $101,384 $2,846,400 $2,827,900 $18,500
2023 $101,384 $6,776,000 $4,266,400 $2,509,600
2022 $41,339 $2,723,187 $0 $0
2021 $41,408 $2,643,871 $0 $0
2020 $41,908 $2,607,368 $0 $0
2019 $40,869 $2,548,747 $0 $0
2018 $40,232 $2,501,224 $0 $0
2017 $39,790 $2,449,779 $0 $0
2016 $39,776 $3,601,100 $1,755,700 $1,845,400
2015 $40,379 $3,590,400 $1,744,700 $1,845,700
2014 $40,356 $2,328,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4564576

Stellar MLS

APN: 2036-14-0022