$5,500,000 $2,159/sf Earn $110,000
$5,500,000
Credit Back up to $110,000*
$2,158.56/sf
Active - Multi Family for sale
An extraordinary chance to own one of Sarasota’s most coveted waterfront homesites, this 29,902-square-foot parcel offers an unparalleled setting for a custom estate on North Siesta Key. With 61 feet of water frontage along the pristine expanse of Roberts Bay, this property provides deep sailboat water access to the Gulf with no fixed bridges, making it a premier location for boating enthusiasts. This exclusive lot is city-approved for subdivision and represents one half of a larger 1.5-acre estate, which may be purchased in its entirety for those seeking a truly exceptional waterfront compound (see adjacent property at 620 Freeling Dr). With ample space to create a world-class residence, the site is primed for architectural excellence, optimal southern exposure, and every amenity imaginable. The existing property features a 2,600-square-foot modern guest house, which can be relocated or removed, alongside a Lucas Lagoon grotto-style pool and tiki hut, which can be seamlessly integrated into a new site plan or removed to allow for a completely uninhibited vision. With plenty of room to configure a new custom dock, the property ensures seamless access to Sarasota’s renowned waterways. The estate is also walled and gated for privacy, offering an exclusive retreat in one of Florida’s most sought-after locations. Perfectly positioned to capture breathtaking, unobstructed views of Roberts Bay, this property offers a rare blend of seclusion, space, and direct water access—all just moments from the world-renowned beaches, dining, and culture of Sarasota. A waterfront lifestyle without compromise.
MLS: #A4643447
* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.
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Appliances: Tankless Water Heater
Furnished: Unfurnished
Laundry Features: Inside
Lot Features: Cleared, City Lot
Number Of Lots: 1
Pool Features: Pool In Ground, Pool Lighting
Waterfront: Bay/Harbor
Status: Active
Listed Date: 03/05/2025
Days On Market: 133
Lot Size (Square Feet): 29902
View: View Water
Rent Includes: []
Tenant Pays: []
Year Built: 2024
Construction Materials: Block, Stucco
Cooling: Central Air
New Construction: 1
Exterior Features: Private Mailbox, Rain Gutters, Sliding Doors
Flooring: Floor Engineered Hardwood, Floor Tile
Foundation Details: Foundation Slab
Heating: Central, Electric
Interior Features: Open Floorplan
Property Condition: Property Condition Completed
Roof: Roof Tile
Window Features: Windows Window Treatments
Pets Allowed: Yes
Electric: []
Sewer: Sewer Public Sewer
Utilities: Bb/Hs Internet Available, Cable Available, Electricity Available, Public, Water Available
WaterSource: Water Source Public
Parcel Number: 2019150027
Tax Legal Description: Com 5 Ft E Of Nw Cor Of Lot 335, Bay Island & S R/W Line Of Freeling Dr Th Swly Along Curve To Left 134.87 Ft Th Along Curve To Right 85.13 Ft Th S 09-17-00 W 155 Ft For Pob Th N 09-17-00 E 155
Zoning: Rsf1
Subdivision Name: Bay Island
MLS Area Major: 34242 - Sarasota/Crescent Beach/Siesta Key
Office Name: KW COASTAL LIVING III
Listing Agent Full Name: Toni Zarghami
List Agent MLS ID: 562501275
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