$599,000

Estimated payment $3,465/month

Total Views 5,511
0.77 Acre
$777,922 Price per Acre
33,490 Sq Ft Lot

Highlights

  • 0.77 Acre Lot
  • No HOA
  • Oversized Lot
  • Riverview High School Rated A

About This Lot

The seller has officially been notified by Sarasota County that the property can be subdivided into up to 5 lots.
This is a rare and exciting opportunity to acquire a substantial 0.77-acre parcel in the highly desirable Proctor Road / Madison Park area of Sarasota, offering excellent development potential.
Buyer is responsible for performing their own due diligence, including all necessary inspections, verifications, and processes with Sarasota County Planning & Development Services. There is currently a septic system on the property, with sewer available at the street.
The site features an existing 3-bedroom, 3-bath home originally built in 1930 and subsequently renovated, plus a separate cottage on a beautifully treed lot with no HOA. This presents tremendous upside for renovation, redevelopment, or subdivision.
Nestled in the vibrant heart of Sarasota, this parcel offers an enviable central location — conveniently close to downtown Sarasota’s cultural attractions, world-class beaches, fine dining, shopping, and entertainment. Just a short distance away is access to the renowned Legacy Trail, a scenic 23+ mile paved path perfect for biking and walking. Nearby parks provide additional green space and recreational opportunities.
The lush, mature landscaping envelops the property in abundant shade and privacy. Electrical and plumbing were brought to code standards in 1991, providing a solid foundation for future improvements. Best of all, there is no HOA, giving you complete freedom to park your boat, RV, trailer, or design and build your dream home (or homes).
This unique, peaceful gem combines generous land, prime in-town accessibility, and significant potential — making it an ideal opportunity in one of Sarasota’s most sought-after areas!

Listing Agent

Kaitlin Kuhn

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #3270112 Listed on: 03/06/2026

MICHAEL SAUNDERS & COMPANY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,466

Lot Details

  • 33,490 Sq Ft Lot
  • Lot Dimensions are 149x190x184x50
  • North Facing Home
  • Oversized Lot
  • Property is zoned RSF3

Utilities

  • Septic Tank
  • Private Sewer

Community Details

  • No Home Owners Association
  • Madison Park Community
  • Madison Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / C
  • Assessor Parcel Number 0087030006

Property Details

Property Type

Land

Est. Annual Taxes

$3,466

Lot Details

0.77 Acres

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.77
  • Lot Size Sq Ft: 33490
  • Status: Active
  • Ownership: Fee Simple
  • Escrow City: Sarasota
  • Escrow State: FL
  • Escrow Street Name: Ocean Blvd
  • RATIO Current Price By Calculate: 17.89
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • Attribution Contact: 941-349-3444
  • Tax Year: 2025
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: North
  • Other Structures: Other
  • Road Frontage Type: City Street
  • Waterfront: No
  • Road Surface Type: Concrete, Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0142G

Utilities

  • Utilities: Private, Public
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

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

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0087030006
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: In County, Oversized Lot
  • Lot Dimensions: 149x190x184x50
  • Flood Zone Code: AE

Tax Info

  • Tax Annual Amount: 3465.89
  • Tax Block: C
  • Tax Book Number: 1007-948
  • Tax Lot: 1

Map

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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
2025 $3,334 $220,938 -- --
2024 $3,151 $214,711 -- --
2023 $3,151 $208,457 $0 $0
2022 $3,081 $202,385 $0 $0
2021 $3,079 $196,490 $0 $0
2020 $2,942 $184,606 $0 $0
2019 $2,815 $180,456 $0 $0
2018 $2,490 $177,091 $0 $0
2017 $2,478 $173,449 $0 $0
2016 $2,480 $197,500 $60,600 $136,900
2015 $2,232 $168,700 $51,200 $117,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2026 03/06/26 For Sale $599,000 -- --
Source: Stellar MLS

Source: Stellar MLS

MLS Number: A4685252

Stellar MLS

APN: 0087-03-0005

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