2417 CASEY KEY ROAD
About This Property
On the beach side, step directly onto your own stretch of walkable sandy shoreline and enjoy unobstructed views across the Gulf of Mexico. Approximately 104 feet of Gulf frontage and a newer seawall, completed in 2004, establish an impressive setting for a future coastal residence designed around the water, sunsets and relaxed Casey Key lifestyle. Mature tropical landscaping and the parcel's generous proportions create a wonderful sense of privacy rarely found along the coast.
Across the property, approximately 104 feet of bay frontage opens another dimension of waterfront living. The dock and boat lift, both added in 2022, provide convenient access to the Intracoastal Waterway and the exceptional boating, fishing and cruising opportunities of Southwest Florida. Spend the morning on the boat, return home by water and finish the day watching the sun disappear into the Gulf from your own backyard.
The nearly one-acre parcel provides remarkable flexibility for designing a custom residence that takes full advantage of its Gulf-to-Bay orientation, with the potential to capture water views in both directions. Imagine expansive indoor-outdoor living spaces, elevated terraces, a resort-style pool environment and private gathering areas framed by tropical landscaping-all designed specifically around this extraordinary coastal setting.
Casey Key remains one of the Gulf Coast's most distinctive residential enclaves, prized for its natural beauty, privacy and laid-back character. Yet this secluded island setting is remarkably convenient to the restaurants, boutiques and waterfront charm of Nokomis and Venice, as well as nearby Nokomis Beach, the North Jetty, Venice Island and the Legacy Trail. Downtown Sarasota's cultural attractions, dining and shopping are also within comfortable reach, while the Intracoastal and Gulf of Mexico are quite literally at your doorstep.
2417 Casey Key Road is more than a waterfront homesite-it is an opportunity to create a legacy property on one of Southwest Florida's most treasured barrier islands, with the Gulf at one door and the bay at the other.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2026 | Listed by COLDWELL BANKER REALTY | $4,795,000 | |
| Listed by COLDWELL BANKER REALTY | |||
| May 28, 2021 | Sold | ||
| Sold | |||
| Jul 8, 2017 | Listed | $2,995,000 | |
| Listed | |||
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This home, now considered a cottage by Casey Key standards, is secluded on a 1+ acre Gulf-to-Bay parcel and is located midway on the exclusive 8 mile-long barrier island located. The classic 1967 Florida home is situated on the west side of Casey Key Road and offers an unobstructed view of the Gulf of Mexico. There is 100' of private beach front and the 93' private bay front with a dock shaded by a canopy of mangroves. The island-style residence features all sliding glass doors and panels on the west side of the home to take full advantage of the dramatic Gulf view. The home has terrazzo floors throughout, the great room has a 10' ceiling and the kitchen was recently renovated with stainless farm sink and appliances, granite counter tops, water purifier and wood cabinets. The manager has listed the unit size as 1484 square feet.
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| Mar 4, 1997 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017