$929,000
$99K PRICE INCREASE PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

Estimated payment $5,205/month

5 Beds
5.5 Baths
3,200 Sq Ft
$290 Price per Sq Ft

Highlights

  • Guest House
  • Contemporary Architecture
  • 2 Car Attached Garage
  • Southside Elementary School Rated A
  • No HOA
  • South Facing Home

About This Home

OWNER/PRIVATE FINANCING MAY BE AVAILABLE. Welcome to 1731 SIESTA DRIVE in Sarasota — a rare LUXURY NEW CONSTRUCTION OPPORTUNITY in one of the most desirable and high-demand areas on the Gulf Coast. This partially completed build is designed for a 4 BEDROOM / 4.5 BATH MAIN HOME plus a 1 BEDROOM / 1 BATH POOL HOUSE, offering incredible potential for a CUSTOM ESTATE or a profitable INVESTOR PROJECT. With an estimated 300,000 REMAINING TO COMPLETE and a projected AFTER REPAIR VALUE OF APPROX. 1.8 MILLION, this is the kind of deal that doesn't come around often in Sarasota. The home is planned for approximately 3,200 SQ FT OF TOTAL LIVING SPACE on a 5,662 SQ FT LOT with NO HOA, giving you full flexibility in design and use. CONCRETE BLOCK CONSTRUCTION is already in place, and the ROOF, NEW COOLING SYSTEM, GARAGE, and FINAL FINISHES are ready for the next owner to bring to life. A PRIVATE POOL is also part of the approved plan, creating the indoor-outdoor lifestyle Sarasota is famous for. The location simply cannot be beat. You're just minutes from SIESTA KEY BEACH, DOWNTOWN SARASOTA, upscale shopping, fine dining, top-rated schools, and quick access to US-41 and I-75. Whether you complete the project for resale or finish it as your own modern coastal retreat, this address delivers the ideal combination of LOCATION, LUXURY, AND LONG-TERM VALUE. This is your chance to take over a premium property in mid-build and finish a true Sarasota showpiece exactly the way you want it. Opportunities with this level of upside and flexibility are extremely limited. OWNER/PRIVATE FINANCING MAY BE AVAILABLE WITH SUBSTANTIAL DOWN PAYMENT.

Listing Agent

Laura Norcross

Meridian Real Estate License #BK3142230 Listed on: 11/19/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,714

Year Built

  • Built in 2025

Lot Details

  • 5,850 Sq Ft Lot
  • South Facing Home
  • Property is zoned RM

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Concrete Siding

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Homes

  • Guest House

Utilities

  • No Cooling
  • No Heating
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 15 / B

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,714

Year Built

Built in 2025

Lot Details

0

Parking

2

Listing Details

  • Directions: Take I-275 S exit toward St Petersburg, follow sign for I-275 E/Tropicana Field/Bradenton, takeI-75 S exit toward Naples, take exit 207 for FL-758 W/Bee Ridge Rd, turn right onto State Hwy 758/Bee Rid
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: Not In Hernando
  • Year Built: 2025
  • Building Stories: 2
  • Current Use: Recreational
  • ResoLotFeatures: Cleared
  • Lot Size Acres: 0.13
  • NAV29_Unit_1_Appliances: None
  • Co List Office Phone: 352-585-6317
  • MLS Status: Active
  • Architectural Style: Contemporary
  • Carport Y N: No
  • New Construction: No
  • Master Plan Zoning: RM
  • Location Tax and Legal Elementary School: Not Zoned for Hernando
  • Location Tax and Legal High School: Not Zoned for Hernando
  • General Property Information:Bathrooms Half: 1
  • General Property Information Lot Size Acres: 0.13
  • General Property Information Lot Size Square Feet2: 5850.0
  • General Property Information Carport YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information:Furnished: Unfurnished
  • General Property Information:Pool Private YN: No
  • Location Tax and Legal:Tax Annual Amount: 3713.81
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information Accessibility Features YN2: No
  • General Property Information New Construction YN: No
  • Utilities:Cable Available: Yes
  • General Property Information CDD Fee YN: No
  • General Property Information Direction Faces: South
  • General Property Information:Land Lease YN2: No
  • Cooling:None3: Yes
  • Architectural Style:Contemporary: Yes
  • Other Structures:Guest House: Yes
  • Sewer Unknown: Yes
  • Water Source:None7: Yes
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Appliances:None2: Yes

Exterior Features

  • Waterfront: No
  • Pool Private: No
  • Construction Type: Concrete
  • Direction Faces: South
  • Other Structures: Guest House
  • Construction Materials:Concrete: Yes
  • Lot Features:Cleared: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes
  • Parking Features:Attached: Yes

Utilities

  • Cooling: None
  • Sewer: Unknown
  • Utilities: Cable Available
  • Heating: None
  • Cooling Y N: No
  • HeatingYN: No
  • Water Source: None

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Not Zoned for Hernando
  • High School: Not Zoned for Hernando
  • Middle Or Junior School: Not Zoned for Hernando

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5850.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3713.81
  • Tax Block: B
  • Tax Lot: 15

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,560 $251,900 $251,900 --
2023 $4,560 $307,800 $307,800 $0
2022 $4,429 $296,000 $296,000 $0
2021 $4,814 $332,500 $332,500 $0
2020 $4,405 $288,400 $288,400 $0
2019 $3,838 $238,900 $238,900 $0
2018 $4,021 $254,900 $254,900 $0
2017 $3,797 $223,219 $0 $0
2016 $3,022 $199,900 $199,900 $0
2015 $2,591 $152,600 $152,600 $0
2014 $2,715 $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2025 11/20/25 Price Changed $929,000 +11.9% $290 / Sq Ft
11/19/2025 11/19/25 For Sale $829,900 -- $259 / Sq Ft
Source: Hernando County Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Certificate Of Transfer $699,001 --
Quit Claim Deed -- Attorney
Warranty Deed $142,500 Attorney
Warranty Deed $200,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $216,667 No Value Available
Previous Owner $300,000 Seller Take Back
Source: Public Records

Source: Hernando County Association of REALTORS®

MLS Number: 2256746

Hernando County Association of REALTORS®

APN: 2039-10-0055