NOT LISTED FOR SALE

Estimated Value: $4,221,667

3 Beds
3 Baths
2,837 Sq Ft
$1,488/Sq Ft Est. Value

Sale Details

Date Sold: April 18, 2025

Last sale price $1,701,000 $600 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $26,002 / mo

16 Days on Market

Highlights

  • 70 Feet of Canal Waterfront
  • Dock has access to electricity and water
  • Canal View
  • Phillippi Shores Elementary School Rated A
  • Access To Intracoastal Waterway
  • Great Room

About This Home

As of April 2025

Dreaming of waterfront living on Siesta Key? This rare and exclusive Bay Island property is your chance to create the home of your dreams while basking in one of Sarasota's most prized locations. With an impressive 70 feet of seawall and sailboat water, this oversized 12,900-square-foot lot is as exceptional as it gets. Enjoy direct access to Sarasota Bay with quick entry to Big Pass and the Gulf of Mexico—ideal for boat lovers who crave effortless days on the water.
Nestled on the north end of Siesta Key, this lot offers a premier address that provides a perfect balance of privacy and connectivity. You'll find yourself just minutes from the vibrant shops and restaurants of Siesta Key Village and the world-famous Siesta Key Beach, with its powdery quartz sands that attract visitors from all over the globe. When you're craving a cultural escape, downtown Sarasota is just a short drive away, offering galleries, theater, and fine dining.
This coveted neighborhood on Bay Island is surrounded by some of Siesta Key's most admired homes, known for the exclusivity and ease of lifestyle it offers. The existing home is being removed, and the pool is being filled, leaving you with a blank canvas to design and build a custom waterfront masterpiece perfectly suited to your vision.
Opportunities like this are rarely available, making this property a true gem for anyone seeking premier waterfront living. Reach out today—this is your chance to own a piece of paradise on Siesta Key.

Last Agent to Sell the Property

Josie Cline

WILLIAM RAVEIS - FLORIDA LLC Brokerage Phone: 941-349-3444 License #3327884 Listed on: 01/29/2025

WILLIAM RAVEIS - FLORIDA LLC

Co-Listed By

Jimmy Dean, Sr

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #3470974

Last Buyer's Agent

Karen Greco

GRECO REAL ESTATE License #0405884

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,458

Year Built

  • Built in 1950

Lot Details

  • 12,903 Sq Ft Lot
  • 70 Feet of Canal Waterfront
  • Property fronts a bayou
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • Southwest Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Landscaped with Trees
  • Property is zoned RSF1

Parking

  • 2 Carport Spaces

Home Design

  • Entry on the 1st floor
  • Fixer Upper
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,837 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Sliding Doors
  • Great Room
  • Terrazzo Flooring
  • Canal Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • No Fixed Bridges
  • Access To Bayou
  • Access to Saltwater Canal
  • Davits
  • Seawall
  • No Wake Zone
  • Dock has access to electricity and water
  • Dock made with wood
  • Open Dock
  • Patio
  • Private Mailbox

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

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

Utilities

  • Central Air
  • Heating Available

Community Details

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

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,458

Year Built

Built in 1950

Lot Details

0.3 Acres

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Construction Materials: Frame, Wood Siding
  • Fireplace: Yes
  • Living Area: 2837
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 1950
  • Building Area Total: 3183
  • Lot Size Sq Ft: 12903
  • Status: Sold
  • Co List Office Mls Id: MFR281502395
  • Co List Office Phone: 941-349-3444
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 295.71
  • Escrow City: Sarasota
  • Escrow State: FL
  • Floor Number: 1
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 599.58
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Open,Dock - Wood,Dock w/Electric,Dock w/Water Supply
  • MFR_DockYN: 1
  • Water Frontage Feet Canal Front: 70
  • Attribution Contact: 941-349-3444
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Terrazzo
  • Full Bathrooms: 3
  • Interior Amenities: Ninguno
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 263.57

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Private Mailbox, Sliding Doors
  • Roof: Metal
  • Pool Private: No
  • View: Water
  • Water Body Name: ROBERTS BAY
  • Waterfront: Yes
  • Patio and Porch Features: Patio
  • Road Surface Type: Asphalt, Paved
  • Water Access: Bay/Harbor,Bayou,Canal - Saltwater,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Davits,No Wake Zone,Sailboat Water,Seawall - Concrete
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 70

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

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: 2019150065
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, City Limits, Oversized Lot, Street Dead-End, Paved
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: City of Sarasota weekly minimum rental restriction.

Tax Info

  • Tax Annual Amount: 6458.27
  • Tax Book Number: 5-94
  • Tax Lot: 30

Multi Family

  • Waterfront Features: Bayou, Canal - Saltwater, Canal Front

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
Jan 29, 2025
Closed on
Apr 18, 2025
Sold by
Roe Nelson and Davis Dwight F
Bought by
Seller's Agent
Josie Cline
WILLIAM RAVEIS - FLORIDA LLC
Buyer's Agent
Karen Greco
GRECO REAL ESTATE
List Price
$2,200,000
Sold Price
$1,701,000
Premium/Discount to List
-$499,000
-22.68%
Views
26
Current Estimated Value
$4,221,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,520,667
Avg. Annual Appreciation
89.68%
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 Buyer Sale Price Title Company
$1,701,000 None Listed On Document
Dockside Homes Llc $100 None Listed On Document
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
04/18/2025 04/18/25 Sold $1,701,000 +0.1% $600 / Sq Ft
02/14/2025 02/14/25 Pending -- -- --
02/10/2025 02/10/25 Price Changed $1,700,000 -22.7% $599 / Sq Ft
01/29/2025 01/29/25 For Sale $2,200,000 -- $775 / 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 $26,014 $1,708,200 $1,650,100 $58,100
2024 $6,249 $449,542
2023 $6,249 $436,449 $0 $0
2022 $6,124 $423,737 $0 $0
2021 $6,087 $411,395 $0 $0
2020 $6,150 $405,715 $0 $0
2019 $5,987 $396,593 $0 $0
2018 $5,886 $389,198 $0 $0
2017 $5,815 $381,193 $0 $0
2016 $5,773 $1,200,100 $939,500 $260,600
2015 $5,858 $1,062,200 $842,400 $219,800
2014 $5,858 $362,379 $0 $0
Source: Public Records

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Map

Source: Stellar MLS

MLS Number: A4637177

Stellar MLS

APN: 2019-15-0065

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