838 Norsota Way Sarasota, FL 34242
Estimated payment $8,428/month
About This Lot
Rare Siesta Key Land Opportunity!
Location, location, location! This rare 13,939 sq. ft. (.32 acres) lot on Siesta Key offers a unique opportunity to build your dream home in one of the most sought-after areas. Just a short drive past the north bridge, this lot sits on one of the key's most established streets, surrounded by opulent, grand homes in the Bay Island neighborhood.
With the world-renowned Siesta Key Beach easily accessible and the convenience of the North Bridge within only a few minutes, this location offers both privacy and quick access to Southside Village, Downtown Sarasota, and all the attractions the area has to enjoy.
The lot has already been cleared and prepped for development, making it primed for your vision. Initial investments have been made, including storm debris clearing, house demolition, tree mitigation, and securing all the necessary permits.
The current developer is available to present existing plans for an elevated single-story residence or a two-story residence, should you prefer to modify the design. This is a truly rare opportunity to create a custom home in an unbeatable location!
Property Details
Property Type
- Land
Est. Annual Taxes
- $14,979
Lot Details
- 0.32 Acre Lot
- Lot Dimensions are 82.5x167.63
- Property is zoned RSF1
Community Details
- No Home Owners Association
- Bay Island Community
- Bay Island Subdivision
Listing and Financial Details
- Tax Lot 200
- Assessor Parcel Number 2019090022
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $12,914 | $935,770 | -- | -- |
| 2023 | $12,914 | $850,700 | $691,500 | $159,200 |
| 2022 | $3,841 | $273,304 | $0 | $0 |
| 2021 | $3,781 | $265,344 | $0 | $0 |
| 2020 | $3,815 | $261,680 | $0 | $0 |
| 2019 | $3,710 | $255,797 | $0 | $0 |
| 2018 | $3,644 | $251,027 | $0 | $0 |
| 2017 | $3,597 | $245,864 | $0 | $0 |
| 2016 | $3,569 | $464,600 | $295,700 | $168,900 |
| 2015 | $3,620 | $486,500 | $339,300 | $147,200 |
| 2014 | $3,612 | $233,729 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/05/2025 08/05/25 | Price Changed | $1,300,000 | -3.7% | -- |
| 07/06/2025 07/06/25 | For Sale | $1,350,000 | +68.8% | -- |
| 03/12/2025 03/12/25 | Sold | $800,000 | -10.6% | $367 / Sq Ft |
| 11/12/2024 11/12/24 | Pending | -- | -- | -- |
| 11/09/2024 11/09/24 | For Sale | $895,000 | -- | $410 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $800,000 | None Listed On Document | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,200,000 | New Conventional |
Source: Stellar MLS
MLS Number: A4658017
APN: 2019-09-0022
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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