$945,000
$255K PRICE DROP

Estimated payment $5,517/month

Total Views 3,524
0.61 Acre
$1,549,180 Price per Acre
26,572 Sq Ft Lot

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

Steve Abbe

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #3099254 Listed on: 03/01/2025

COLDWELL BANKER REALTY

Co-Listing Agent

Shannon Rocha

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

Property Details

Property Type

Land

Est. Annual Taxes

$6,306

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.61
  • Lot Size Sq Ft: 13514
  • Directions to Property: Rte. 41/Tamiami Trail to Constitution Blvd. East on Constitution. Left on Merrimac to address.
  • Status: Active
  • Co List Office Mls Id: MFR231502433
  • Co List Office Phone: 941-383-6411
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046393
  • RATIO Current Price By Calculate: 69.93
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • Attribution Contact: 941-383-6411
  • Tax Year: 2024
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 5510

Exterior Features

  • Direction Faces: Northeast
  • Road Frontage Type: County Road
  • View: Water
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 1549180

Utilities

  • Utilities: BB/HS Internet Available, BB/HS Internet Capable, Cable Available, Electrical Nearby, Fiber Optics, Fire Hydrant, Phone Available, Sewer Available, Water Nearby
  • 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

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0086060021
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Flood Plain/Bottom Land, Irregular Lot, Street Lights, Paved
  • Lot Dimensions: 250x45x240x50
  • Flood Zone Code: AE
  • Lot Size Square Meters: 1255
  • Current Adjacent Use: Residential

Tax Info

  • Tax Annual Amount: 6306
  • Tax Book Number: 16-36
  • Tax Lot: 162

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

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

Source: Stellar MLS

MLS Number: A4642711

Stellar MLS