$4,950,000
$550K PRICE DROP

3460 Flamingo Ave Sarasota, FL 34242

Estimated payment $29,547/month

Total Views 7,675
1 Bed
1 Bath
1,500 Sq Ft
$3,300 Price per Sq Ft

Highlights

  • Guest House
  • Sailboat Water Access
  • Tennis Courts
  • Phillippi Shores Elementary School Rated A
  • Boat Lift
  • View of Trees or Woods

About This Home

New price! Exclusive waterfront opportunity on Siesta Key. Discover the pinnacle of waterfront living with this gated, estate-sized 1.27-acre property located on highly coveted Bay Island at the desirable north end of Siesta Key. This exceptional property is a boater's paradise, offering 178 feet of sailboat (no bridges) waterfront with oversized dockage and unparalleled access to the Gulf of Mexico via deep boating waters through Big Pass.The current 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 for a stunning 5,000-square-foot coastal-contemporary residence are available, providing a seamless vision for this premier property. Meanwhile, 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. Situated just minutes from world-famous Siesta Beach and the mainland’s vibrant Sarasota lifestyle, this prime location offers the best of both worlds: 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 most sought-after waterfront enclaves.

Listing Agent

Judie Berger

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #0671663 Listed on: 12/18/2024

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,494

Year Built

  • Built in 2024

Lot Details

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Woods
  • Canal
  • Garden

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 1,500 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • French Doors
  • Living Room
  • Dining Room

Kitchen

  • Dishwasher
  • Stone Countertops

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Sailboat Water Access
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Seawall
  • No Wake Zone
  • Boat Lift
  • Dock made with Composite Material
  • Tennis Courts
  • Balcony
  • Private Mailbox
  • Front Porch

Additional Homes

  • Guest House
  • 1,500 SF Accessory Dwelling Unit

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Community Details

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

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,494

Year Built

Built in 2024

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1500
  • Lot Size Acres: 1.28
  • New Construction: No
  • Year Built: 2024
  • Building Area Total: 3000
  • 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
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 537903989
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 3300.00
  • Total Acreage: 1 to less than 2
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 1
  • MFR_DockDescription: Dock - Composite
  • MFR_DockYN: 1
  • MFR_InLawSuiteDescription: 1 Bathroom,1 Bedroom,Detached (ADU),Kitchen
  • MFR_InLawSuiteUnderAirSqFt: 1500.00
  • Attribution Contact: 941-364-4000
  • Tax Year: 2024
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl, Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: Two
  • Other Equipment: Irrigation Equipment
  • Street Number Modifier: 3460
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 139.35
  • Room Count: 6

Exterior Features

  • Direction Faces: East
  • Other Structures: Guest House, Tennis Court(s)
  • Exterior Features: Balcony, French Doors, Garden, Private Mailbox, Tennis Court(s)
  • Roof: Metal
  • Pool Private: No
  • View: Garden, Trees/Woods, Water
  • Water Body Name: CANAL TO BIG PASS
  • Waterfront: Yes
  • Patio and Porch Features: Front Porch
  • 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

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Connected, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: 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
  • Lot Features: FloodZone, City Limits, Oversized Lot, Private, Paved
  • Lot Dimensions: 178x303x175x298
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 5166

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See City of Sarasota leasing restrictions

Tax Info

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

Multi Family

  • Waterfront Features: Canal - Saltwater

Map

Range of Values:

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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 $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

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Source: Stellar MLS

MLS Number: A4629840

Stellar MLS

APN: 2019-10-0027