$4,950,000
$550K PRICE DROP

3460 Flamingo Ave Sarasota, FL 34242

Estimated payment $29,180/month

Total Views 4,878
1.28 Acres
$3,867,188 Price per Acre
55,757 Sq Ft Lot

Highlights

  • Sailboat Water Access
  • Boat Lift
  • 1.28 Acre Lot
  • Phillippi Shores Elementary School Rated A
  • View of Trees or Woods
  • Private Lot

About This Lot

New price! Exclusive waterfront opportunity on Siesta Key to build your waterfront estate. Discover the pinnacle of waterfront living with this gated, estate-sized 1.27-acre property on wonderful Bay Island at the desirable north end of Siesta Key. This exceptional property is a boater's paradise, offering 178 feet of sailboat with no bridges waterfront with oversized dockage and unparalleled access to the Gulf of Mexico via deep boating waters through Big Pass. The main residence, storm-damaged and slated for demolition, presents a rare opportunity to design and build your dream coastal retreat on this expansive lot. Architectural plans are available for a stunning 5,000-square-foot coastal-contemporary residence, providing a seamless vision for this premier property. A newly constructed, elevated guest house offers immediate accommodations, blending modern luxury with breathtaking views of the serene surroundings. This estate also boasts a professional-grade tennis court for the sports enthusiast, an oversized dock and boat lift capable of accommodating larger vessels, and a separate kayak dock and jet ski dock, ensuring seamless enjoyment of the water. Just minutes from world-famous Siesta Beach and the mainland’s vibrant Sarasota lifestyle, this prime location offers the best of both worlds such as the tranquility of island living and the convenience of world-class dining, shopping and cultural amenities. This is more than a property, it’s a canvas to create a legacy estate in one of Florida’s sought-after waterfront enclaves.

Listing Agent

Judie Berger

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #0671663 Listed on: 12/31/2024

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Co-Listing Agent

Ryan Evans

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3605783

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $26,494

Lot Details

  • 1.28 Acre Lot
  • Lot Dimensions are 178x303x175x298
  • Property fronts a saltwater canal
  • East Facing Home
  • Mature Landscaping
  • Private Lot
  • Oversized Lot
  • Landscaped with Trees
  • Property is zoned RSF1

Property Views

  • Woods
  • Canal
  • Garden

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 150
  • Assessor Parcel Number 2019100027

Community Details

Overview

  • No Home Owners Association
  • Bay Island Community
  • Bay Island Subdivision

Recreation

  • Sailboat Water Access
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Seawall
  • No Wake Zone
  • Boat Lift
  • Dock made with Composite Material

Property Details

Property Type

Land

Est. Annual Taxes

$26,494

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 1.28
  • Lot Size Sq Ft: 55607
  • Directions to Property: Siesta Drive bridge west to Flamingo (just before the small hump bridge), turn right. Property is 2nd on left.
  • Status: Active
  • Co List Office Mls Id: MFR281519790
  • Co List Office Phone: 941-364-4000
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 537903989
  • RATIO Current Price By Calculate: 89.02
  • Total Acreage: 1 to less than 2
  • Water Access YN: 1
  • MFR_DockDescription: Dock - Composite
  • MFR_DockYN: 1
  • Attribution Contact: 941-364-4000
  • Tax Year: 2024
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 3460

Exterior Features

  • Direction Faces: East
  • View: Garden, Trees/Woods, Water
  • Water Body Name: CANAL TO BIG PASS
  • Waterfront: Yes
  • Road Surface Type: Asphalt, Paved
  • Water Access: Canal - Saltwater
  • Water Extras: Bridges - No Fixed Bridges,Lift,No Wake Zone,Sailboat Water,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0141G
  • Price Per Acre: 3867188

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Sewer Connected, Water Available, Water Connected
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0
  • Pet Restrictions: See City of Sarasota pet restrictions

Fee Information

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

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2019100027
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: City Limits, Oversized Lot, Private, Paved
  • Lot Dimensions: 178x303x175x298
  • Flood Zone Code: AE
  • Lot Size Square Meters: 5166

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 26494
  • Tax Book Number: 2-171
  • Tax Lot: 150

Multi Family

  • Waterfront Features: Canal - Saltwater

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $25,776 $1,768,988 -- --
2023 $25,776 $1,717,464 $0 $0
2022 $25,235 $1,667,441 $0 $0
2021 $25,125 $1,618,875 $0 $0
2020 $25,378 $1,596,524 $0 $0
2019 $24,744 $1,560,630 $0 $0
2018 $23,895 $1,502,762 $0 $0
2017 $23,629 $1,471,853 $0 $0
2016 $23,568 $2,424,500 $1,801,400 $623,100
2015 $23,926 $2,514,300 $1,994,300 $520,000
2014 $23,911 $1,399,209 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 Price Changed $4,950,000 0.0% $3,300 / Sq Ft
03/18/2025 03/18/25 Price Changed $4,950,000 -10.0% --
12/31/2024 12/31/24 For Sale $5,500,000 0.0% --
12/18/2024 12/18/24 For Sale $5,500,000 -- $3,667 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $816,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,036,400 Small Business Administration
Previous Owner $725,000 No Value Available
Source: Public Records

Source: Stellar MLS

MLS Number: A4633793

Stellar MLS

APN: 2019-10-0027