5510 Merrimac Dr Sarasota, FL 34231
Coral Cove/Holiday Harbor NeighborhoodEstimated payment $5,517/month
Highlights
- Water Views
- 0.61 Acre Lot
- High Speed Internet
- Riverview High School Rated A
- No HOA
About This Lot
Exceptional Waterfront Lot in Prime Sarasota Location with designed home ready for you to build. Discover over a quarter acre of prime waterfront at the end of a prestigious cul-de-sac in an established boating community. This 13,500 SF lot boasts an impressive 300 feet of waterfront, offering breathtaking sunrise and sunset views with refreshing cross breezes from the water on both sides of the home.
Located just minutes from the heart of Sarasota, this rare homesite provides easy access to the Gulf beaches, a quick 10-minute boat ride to the Intracoastal Waterway, and close proximity to dozens of waterfront dining options. Top-rated schools, including Pine View, Riverview, and Philippi Shores, are nearby, along with upscale shopping, fine dining, and vibrant cultural attractions. Enjoy the convenience of a short walk to Phillippi Estate Park or a 10-minute bike ride to the beach. This is a unique opportunity to build your dream waterfront retreat in one of Sarasota’s most desirable locations!
ABOUT THE PROPOSED HOME FOR THE SITE:
Luxury Waterfront Estate – New Construction
This exceptional waterfront estate offers up to 6,000 SF of luxury living with over 300 linear feet of waterfront. Enjoy breathtaking sunrise and sunset views from your private balcony and panoramic water views from every room.
Designed for the most discerning buyer, this home features state-of-the-art luxury appliances and finishes, solid concrete construction, and hurricane-resistant design with all impact windows and doors. Smart home automation includes automated lighting and climate control for modern convenience.
The resort-style waterfront pool and spa create the ultimate outdoor oasis, while the rooftop sky deck offers a stunning vantage point for entertaining. A separate 700 SF guest house provides privacy for visitors, and the three enclosed garage spaces ensure ample storage for vehicles and watercraft.
Experience the pinnacle of waterfront luxury in one of Sarasota’s most sought-after locations!
Listing Agent
COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #3099254 Listed on: 03/01/2025

Co-Listing Agent
COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #3593293
Property Details
Property Type
- Land
Est. Annual Taxes
- $6,306
Lot Details
- 0.61 Acre Lot
- Lot Dimensions are 250x45x240x50
- Property fronts a county road
- Northeast Facing Home
- Irregular Lot
- Property is zoned RSF2
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Riverview High School
Utilities
- High Speed Internet
- Phone Available
- Cable TV Available
Additional Features
- Water Views
- In Flood Plain
Community Details
- No Home Owners Association
- Phillippi Gardens Community
- Phillippi Gardens 08 Subdivision
Listing and Financial Details
- Tax Lot 162
- Assessor Parcel Number 0086060021
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/05/2025 07/05/25 | Price Changed | $945,000 | -14.1% | -- |
04/28/2025 04/28/25 | Price Changed | $1,100,000 | -8.3% | -- |
03/01/2025 03/01/25 | For Sale | $1,200,000 | -- | -- |
Source: Stellar MLS
MLS Number: A4642711

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