$8,000,000
SOLD JUN 24, 2026
1.2 Acres
$6,666,667 Price per Acre
52,272 Sq Ft Lot

Sale Details

Date Sold: June 24, 2026

$2,049 Per Sq Ft

20% Below List Price

649 Days on Market

Highlights

  • 141 Feet of Ocean or Gulf Waterfront
  • Full Gulf or Ocean Views
  • No HOA
  • Water access To Gulf or Ocean
  • 1.2 Acre Lot
  • Oversized Lot

About This Lot

As of June 2026

Siesta Key North end with 140+ feet of panoramic views. 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.

Last Agent to Sell the Property

Michael Hays

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #3188992 Listed on: 08/20/2024

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Faith Stutzman

THE STUTZMAN REALTY GROUP, LLC License #3569048

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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $43,858

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

Lot Details

1.2 Acres

Listing Details

  • Property Type: Land
  • Lot Size Acres: 1.2
  • Lot Size Sq Ft: 52121
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow City: Sarasota
  • Escrow State: FL
  • Escrow Street Name: Ocean Blvd
  • RATIO Current Price By Calculate: 153.49
  • 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

Interior Features

  • Living Area Units: Square Feet

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Street Lights
  • 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
  • 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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2024
Closed on
Jun 24, 2026
Sold by
Bought by
Seller's Agent
Michael Hays
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Faith Stutzman
THE STUTZMAN REALTY GROUP, LLC
List Price
$9,975,000
Sold Price
$8,000,000
Premium/Discount to List
-$1,975,000
-19.8%
Views
255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-96.09%

Purchase Details

Closed on
Nov 9, 2005
Sold by
Bought by

Purchase Details

Closed on
Oct 28, 2005
Sold by
Bought by

Purchase Details

Closed on
Jan 22, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 1998
Sold by
Bought by

Purchase Details

Closed on
Apr 28, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $8,000,000 Proof Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Trustee Deed -- --
Warranty Deed $765,000 --
Warranty Deed $5,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $1,140,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,120,000 Unknown
Previous Owner $1,100,000 New Conventional
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/24/2026 06/24/26 Sold $8,000,000 0.0% $2,049 / Sq Ft
05/31/2026 05/31/26 Pending -- -- --
04/24/2026 04/24/26 Off Market $8,000,000 -- --
03/31/2025 03/31/25 Price Changed $8,900,000 -10.8% $2,279 / Sq Ft
08/20/2024 08/20/24 For Sale $9,975,000 -- $2,554 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $49,539 $4,313,400 $4,251,000 $62,400
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

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Map

Source: Stellar MLS

MLS Number: A4620120

Stellar MLS

APN: 0078-11-0002

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