$8,900,000
$1M PRICE DROP

Estimated payment $52,998/month

Total Views 9,035
1.2 Acres
$7,416,667 Price per Acre
52,272 Sq Ft Lot

Highlights

  • 141 Feet of Ocean or Gulf Waterfront
  • Water access To Gulf or Ocean
  • 1.2 Acre Lot
  • Phillippi Shores Elementary School Rated A
  • Full Gulf or Ocean Views
  • No HOA

About This Lot

Major Price Improvement. Seawall and rip wrap secured Gulf Front estate parcel. Discover a rare opportunity on Sarasota's coveted "Gold Coast" with this expansive Gulf-front property. Spanning 52,121 square feet with 141 feet of direct Gulf frontage, this lot provides the perfect canvas for your custom waterfront home.
Enjoy unobstructed, sweeping vistas and breathtaking sunset views over the Gulf of Mexico year-round from your private beach area along the seawall and rip wrap. The cleared lot is ready for construction, with generous dimensions allowing for a main residence, potential guest house, extensive landscaping, and expansive outdoor living spaces.
This property represents one of the few remaining opportunities to build a Gulf-front estate in Sarasota. Its prime location, size, and views make it an exceptional choice for those seeking to create their ideal Florida home.

Listing Agent

Michael Hays

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #3188992

MICHAEL SAUNDERS & COMPANY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $43,858

Year Built

  • 1938

Lot Details

  • 1.2 Acre Lot
  • Lot Dimensions are 206x206
  • 141 Feet of Ocean or Gulf Waterfront
  • Property fronts a county road
  • East Facing Home
  • Oversized Lot
  • Level Lot
  • Property is zoned RSF1

Additional Features

  • Full Gulf or Ocean Views
  • In Flood Plain
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 12 / 52
  • Assessor Parcel Number 0078110002

Community Details

Overview

  • No Home Owners Association
  • Siesta Rev Community
  • Siesta Rev Of Subdivision

Recreation

  • Water access To Gulf or Ocean
  • Rip-Rap

Property Details

Property Type

Land

Est. Annual Taxes

$43,858

Year Built

1938

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 1.2
  • Lot Size Sq Ft: 52121
  • Directions to Property: Take the Siesta Dr bridge and go south on Higel and property on the west side on the gulf.
  • Status: Active
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • RATIO Current Price By Calculate: 170.76
  • Total Acreage: 1 to less than 2
  • Water Access YN: 1
  • MFR_DockYN: 0
  • Attribution Contact: 941-349-3444
  • Tax Year: 2023
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Year Built: 1938

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 4105

Exterior Features

  • Direction Faces: East
  • Road Frontage Type: County Road
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Road Surface Type: Asphalt, Paved
  • Water Access: Gulf/Ocean
  • Water Extras: Riprap
  • Water Extras YN: 1
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 141
  • Flood Zone Date: 2024-06-25
  • Flood Zone Panel: 121115C014G
  • Price Per Acre: 7416667
  • Water Frontage Feet Gulf Ocean: 141

Utilities

  • Utilities: Cable Available, Electricity Available, Other, Sewer Available, Street Lights
  • Sewer: Public Sewer
  • 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: RSF1
  • Parcel Number: 0078110002
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable, Flood Plain/Bottom Land, Level, Oversized Lot, Sidewalk, Street Lights, Paved
  • Lot Dimensions: 206x206
  • Flood Zone Code: AE
  • Lot Size Square Meters: 4842
  • Current Adjacent Use: Residential

Tax Info

  • Tax Annual Amount: 43858.32
  • Tax Block: 52
  • Tax Book Number: A-38
  • Tax Lot: 12

Multi Family

  • Waterfront Features: Gulf/Ocean

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 $43,858 $4,267,596 -- --
2023 $43,858 $3,800,800 $3,685,800 $115,000
2022 $42,072 $3,756,500 $3,683,700 $72,800
2021 $36,893 $2,970,500 $2,897,900 $72,600
2020 $17,840 $1,410,623 $0 $0
2019 $17,345 $1,378,908 $0 $0
2018 $17,041 $1,353,197 $0 $0
2017 $16,981 $1,325,364 $0 $0
2016 $16,996 $3,146,400 $2,765,400 $381,000
2015 $17,324 $3,027,500 $2,712,700 $314,800
2014 $17,269 $1,259,950 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Price Changed $8,900,000 -10.8% --
08/20/2024 08/20/24 For Sale $9,975,000 -- --
Source: Stellar MLS

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Trustee Deed -- --
Warranty Deed $765,000 --
Warranty Deed $5,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,140,000 Adjustable Rate Mortgage/ARM
Closed $1,120,000 Unknown
Previous Owner $1,100,000 New Conventional
Previous Owner $600,000 No Value Available
Source: Public Records

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Source: Stellar MLS

MLS Number: A4620120

Stellar MLS

APN: 0078-11-0002