$2,250,000
SOLD JUL 23, 2025
0.49 Acre
$4,591,837 Price per Acre
21,344 Sq Ft Lot

Recently Sold

$584 Per Sq Ft

88 Days on Market

Highlights

  • 153 Feet of Bay Harbor Waterfront
  • White Water Ocean Views
  • Water access To Gulf or Ocean
  • Riverview High School Rated A
  • Dock has access to electricity and water
  • Boat Lift

About This Lot

As of July 2025

One or more photo(s) has been virtually staged. Welcome to 1701 Sandalwood Drive, a stunning waterfront oasis in sought-after Southpointe Shores, West of the Trail, right on Sarasota Bay. This stunning bayfront lot stretches over half an acre with more than 150 feet of water frontage. Almost limitless possibilities for building your dream home on the bay in a sought-after and convenient location. Enjoy sunsets and quick access by boat to the Gulf via newly opened Midnight Pass between Siesta Key and Casey Key. A rarely available opportunity to construct a new home and enjoy all the Sarasota waterfront lifestyle has to offer. The home has been remediated and is beautiful. Inside, the open and functional floor plan has large tile set diagonally throughout the main living spaces. The living room, featuring a charming brick fireplace, seamlessly blends into the kitchen and dining areas. The kitchen is a chef's dream, complete with wood cabinetry, granite countertops and a top-tier stainless steel appliance package. The family room, with its walls of large windows, provides endless water and sunset views, creating a serene and picturesque living environment. The primary suite is a tranquil escape, offering an updated en-suite bath and an enclosed sunroom. Additionally, there are three guest bedrooms and 2.5 guest baths for added convenience. The second-floor bonus room is a blank slate and could serve as an office, workout space or any number of alternatives. The enclosed patio offers breathtaking views of the sparkling pool, expansive stone pool deck, spacious yard and the bay beyond.

Last Agent to Sell the Property

Joel Schemmel

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3060476 Listed on: 02/26/2025

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Karen Greco

GRECO REAL ESTATE License #0405884

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,110

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 50x184x153x222
  • 153 Feet of Bay Harbor Waterfront
  • Cul-De-Sac
  • East Facing Home
  • Mature Landscaping
  • Well Sprinkler System
  • Landscaped with Trees
  • Property is zoned RSF1

Property Views

  • White Water Ocean
  • Intracoastal
  • Pool

Schools

  • Gulf Gate Elementary School
  • Brookside Middle School
  • Riverview High School

Utilities

  • Propane
  • 1 Water Well
  • 1 Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 0110090007

Community Details

Overview

  • No Home Owners Association
  • Southpointe Shores Community
  • Southpointe Shores Subdivision

Recreation

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • No Fixed Bridges
  • Seawall
  • Boat Lift
  • Dock has access to electricity and water
  • Dock made with wood
  • Open Dock

Property Details

Property Type

Land

Est. Annual Taxes

$14,110

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.49
  • Lot Size Sq Ft: 21295
  • Directions to Property: US 41 to West on Sandalwood. Home is at the end of the cul-de-sac.
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 537903989
  • RATIO Current Price By Calculate: 105.66
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • MFR_DockDescription: Dock - Open,Dock - Wood,Dock w/Electric,Dock w/Water Supply,Lift
  • MFR_DockYN: 1
  • Attribution Contact: 941-364-4000
  • Tax Year: 2023
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 1701

Exterior Features

  • Direction Faces: East
  • View: Pool, Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Road Surface Type: Asphalt, Paved
  • Water Access: Bay/Harbor,Gulf/Ocean,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Lift,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 153
  • Price Per Acre: 4591837
  • Water Frontage Feet Bay Harbor: 153

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Available, Propane, Public, Sewer Connected, Sprinkler Well, Water Connected
  • Sewer: Septic Tank
  • Water Source: Public, Well
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

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

Schools

  • Elementary School: Gulf Gate Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0110090007
  • Additional Parcels: No
  • Current Use: Residential
  • Fencing: Other
  • Lot Features: Cul-De-Sac, In County, Landscaped, Paved
  • Lot Dimensions: 50x184x153x222
  • Flood Zone Code: AE, VE
  • Lot Size Square Meters: 1978

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 14110.48
  • Tax Book Number: 10-58
  • Tax Lot: 55

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Jul 23, 2025
Sold by
Moles Polly P
Bought by
Waterfront Holdings Land Trust and Richard
Seller's Agent
Joel Schemmel
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Karen Greco
GRECO REAL ESTATE
List Price
$3,655,000
Sold Price
$2,250,000
Premium/Discount to List
-$1,405,000
-38.44%
Views
93

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
688375.37%

Purchase Details

Closed on
Feb 11, 2021
Sold by
Moles Thomas G and Moles Polly P
Bought by
Moles Thomas G and Moles Polly P

Purchase Details

Closed on
May 14, 1998
Sold by
Bass Gary A
Bought by
Moles Thomas G and Moles Polly P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.1%

Purchase Details

Closed on
Jun 4, 1997
Sold by
Smith Douglas Colin and Smith Karen
Bought by
Bass Gary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
8.13%
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 $2,250,000 None Listed On Document
Interfamily Deed Transfer -- Accommodation
Warranty Deed $720,000 --
Warranty Deed $675,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 Credit Line Revolving
Previous Owner $902,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $790,000 New Conventional
Previous Owner $592,000 New Conventional
Previous Owner $650,000 No Value Available
Previous Owner $540,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Sold $2,250,000 -24.9% $478 / Sq Ft
05/25/2025 05/25/25 Pending -- -- --
04/10/2025 04/10/25 Price Changed $2,995,000 -5.1% $636 / Sq Ft
01/08/2025 01/08/25 Price Changed $3,155,000 -13.7% $670 / Sq Ft
01/08/2025 01/08/25 For Sale $3,655,000 +62.4% $776 / Sq Ft
10/01/2024 10/01/24 Off Market $2,250,000 -- --
09/06/2024 09/06/24 Price Changed $3,655,000 -5.2% $776 / Sq Ft
06/26/2024 06/26/24 For Sale $3,855,000 -- $818 / 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 $14,110 $1,192,473 -- --
2023 $14,110 $1,157,741 $0 $0
2022 $13,751 $1,124,020 $0 $0
2021 $13,741 $1,091,282 $0 $0
2020 $13,048 $1,014,479 $0 $0
2019 $12,680 $991,671 $0 $0
2018 $12,450 $973,181 $0 $0
2017 $11,928 $915,168 $0 $0
2016 $11,904 $1,745,300 $1,353,100 $392,200
2015 $12,124 $1,318,800 $962,300 $356,500
2014 $12,087 $870,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4642120

Stellar MLS

APN: 0110-09-0007