$2,995,000
$505K PRICE DROP

732 Siesta Dr Sarasota, FL 34242

Estimated payment $16,651/month

Total Views 12,420
3 Beds
4.5 Baths
3,743 Sq Ft
$800 Price per Sq Ft

Highlights

  • 90 Feet of Salt Water Canal Waterfront
  • White Water Ocean Views
  • Parking available for a boat
  • Phillippi Shores Elementary School Rated A
  • Dock has access to electricity and water
  • Access To Intracoastal Waterway

About This Home

Rare and extraordinary waterfront offering on the coveted North end of Siesta Key, this premier Bay Island estate parcel presents the ultimate canvas for creating a world-class coastal retreat. Set on nearly half an acre, the property commands sweeping waterway views and offers 90 feet of protected sailboat-water frontage, complete with an existing 73-foot composite and tile dock—an exceptional amenity for the discerning boating enthusiast.
To seamlessly bring your vision to life, fully customizable luxury home plans, as well as projected expenditure framework are available for review from Salt Wave Construction thus significantly expediting the design-build process. The seller has also committed to demolition of the existing structure, allowing for a smooth and efficient transition to new construction.
The proposed residence spans approximately 6,366 square feet, including over 4,000 square feet of refined, air-conditioned living space, thoughtfully designed to maximize waterfront exposure and elevate indoor-outdoor living. Multiple entertaining spaces, expansive terraces, and view-oriented decks create the perfect setting for both grand gatherings and intimate moments, all framed by captivating water vistas.
Ideally located for effortless access on and off Siesta Key and just minutes from the culture, dining, and sophistication of Downtown Sarasota, this exceptional property offers the rare combination of privacy, prestige, and proximity. An unparalleled opportunity to craft a legacy waterfront estate in one of Sarasota’s most sought-after enclaves.

Listing Agent

Jay Mitchell

COLDWELL BANKER REALTY Brokerage Phone: 941-349-4411 License #3046216 Listed on: 03/01/2025

COLDWELL BANKER REALTY

Co-Listing Agent

Kyle Mitchell

COLDWELL BANKER REALTY Brokerage Phone: 941-349-4411 License #3047680

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,183

Year Built

  • Built in 1956

Lot Details

  • 0.44 Acre Lot
  • 90 Feet of Salt Water Canal Waterfront
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • North Facing Home
  • Fenced
  • Well Sprinkler System
  • Landscaped with Trees
  • Property is zoned RSF1

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener
  • Circular Driveway
  • Parking available for a boat
  • RV Access or Parking

Property Views

  • White Water Ocean
  • Intracoastal
  • Canal
  • Pool

Home Design

  • Coastal Architecture
  • Fixer Upper
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,743 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • French Doors
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Inside Utility
  • Laundry Room
  • Eat-In Kitchen

Flooring

  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Pool

  • In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Pool Tile
  • Pool Lighting

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Seawall
  • Boat Lift
  • Dock has access to electricity and water
  • Deeded Boat Dock
  • Dock made with Composite Material
  • Screened Patio
  • Exterior Lighting
  • Private Mailbox
  • Rear Porch

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • Property is near public transit

Schools

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

Utilities

  • No Cooling
  • Natural Gas Connected
  • 1 Water Well
  • Phone Available
  • Cable TV 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

$13,183

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Architectural Style: Coastal
  • Construction Materials: Stucco, Frame
  • Fireplace: Yes
  • Living Area: 3743
  • Lot Size Acres: 0.44
  • New Construction: No
  • Year Built: 1956
  • Building Area Total: 5308
  • Lot Size Sq Ft: 19337
  • Status: Active
  • Co List Office Mls Id: MFR281502372
  • Co List Office Phone: 941-349-4411
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 493.13
  • Escrow State: FL
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 800.16
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • Planned Unit Development Yn: 0
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: 2 Point Moorage,Dock - Composite,Dock - Slip Deeded On-Site,Dock w/Electric,Dock w/Water Supply,Lift
  • MFR_DockYN: 1
  • MFR_DockMaintenanceFee: 0
  • MFR_DockMaintenanceFeeFrequency: N/A
  • Attribution Contact: 941-349-4411
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room
  • Living Area Units: Square Feet
  • Flooring: Concrete, Other
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, High Ceilings, Primary Bedroom Main Floor, Walk-In Closet(s)
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Other Equipment: Irrigation Equipment
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Additional Rooms: Formal Dining Room Separate,Formal Living Room Separate,Great Room,Inside Utility
  • Living Area Meters: 347.74

Exterior Features

  • Direction Faces: North
  • Pool Features: Gunite, In Ground, Lighting, Tile
  • Exterior Features: French Doors, Lighting, Private Mailbox
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • View: Pool, Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Rear Porch, Screened
  • Road Surface Type: Asphalt, Paved
  • Water Access: Bay/Harbor,Canal - Saltwater,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Lift,Sailboat Water,Seawall - Concrete
  • Water Frontage Feet Canal Salt: 90
  • Water View: Bay/Harbor - Full,Canal,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 90
  • Flood Zone Panel: 12115C0141G

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Boat, Circular Driveway, Driveway, Garage Door Opener, RV Access/Parking, Workshop in Garage

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Public, Sewer Connected, Sprinkler Well, Water Connected
  • Cooling: None
  • Heating: Other
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public, Well
  • Number Of Septics: 0
  • Number of Wells: 1

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required 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: 2019100001
  • Additional Parcels: No
  • Fencing: Fenced, Other
  • Lot Features: Flood Insurance Required, FloodZone, In County, Landscaped, Near Public Transit, Sidewalk, Paved
  • Property Attached Yn: No
  • Flood Zone Code: AE

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: City of Sarasota actually says it is a 8 day minimum.

Tax Info

  • Tax Annual Amount: 13183
  • Tax Book Number: 5-94
  • Tax Lot: 15

Multi Family

  • Waterfront Features: Bay/Harbor, Canal - Saltwater, Canal Front, Intracoastal Waterway

Map

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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
2025 $13,183 $2,116,800 $1,956,600 $160,200
2024 $12,801 $893,914 -- --
2023 $12,801 $867,878 $0 $0
2022 $12,462 $842,600 $0 $0
2021 $12,501 $818,058 $0 $0
2020 $12,721 $806,763 $0 $0
2019 $12,399 $788,625 $0 $0
2018 $12,200 $773,921 $0 $0
2017 $12,062 $758,003 $0 $0
2016 $12,036 $1,363,100 $1,066,400 $296,700
2015 $12,216 $1,222,700 $959,900 $262,800
2014 $12,205 $790,107 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2026 01/08/26 Price Changed $2,995,000 -14.4% $800 / Sq Ft
03/01/2025 03/01/25 For Sale $3,500,000 -- $935 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Sunbelt Title Agency
Warranty Deed $495,000 --
Warranty Deed $495,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,000 New Conventional
Closed $240,000 No Value Available
Source: Public Records

Source: Stellar MLS

MLS Number: A4640849

Stellar MLS

APN: 2019-10-0001