by Global Lifestyle Properties

Check Availability
$849,900
● Land - For Sale

617 SIESTA DRIVE

SARASOTA, FL 34242
bedrooms
Studio
bathrooms
0 Bath
$6,459
Est. Monthly

About This Property

A rare 0.30-acre homesite on Bay Island, the coveted gateway to Siesta Key, where homes seldom change hands and buildable land is almost impossible to find. This intimate, established neighborhood of tree-lined streets, deepwater canals, and beautiful new custom homes sits at the northern tip of Siesta Key, with the downtown Sarasota skyline just across the bay. Siesta Key Beach and Siesta Village are minutes away, and downtown Sarasota, St. Armands Circle, and Lido Key are a quick drive over the north bridge. The lot is framed by mature trees and tropical landscaping, with a circular brick paver drive and an existing in-ground pool already in place. The existing structure is offered for land value only and is ready to make way for something new. Clear the site and build the custom coastal home you've always envisioned. Located within the City of Sarasota limits, where short-term rentals are permitted, this property is ideal for a primary residence, seasonal retreat, or investment build. Public water and sewer available, no HOA. On an island where nearly every lot is built out, opportunities like this simply do not come along often. Bring your architect and your vision. All information recorded in the MLS is intended to be accurate but cannot be guaranteed, buyer advised to verify.
Unit Size
-
Days on Market
2 days
Land Size
0.30 acres
Price per sqft
-
Property Type
Land
Property Taxes
$2,285
HOA Dues
-
Year Built
1939

Listed By

Melinda Foley
All Florida Property Group,Inc

Payment Calculator

Cap Rate Calculator

Last updated: 2 days ago (Stellar MLS #O6448367)

Price History

Date / Event Date Event Price
Oct 16, 2026 Listed by ALL FLORIDA PROPERTY GROUP,INC $849,900
Listed by ALL FLORIDA PROPERTY GROUP,INC
Apr 5, 2024 In contract -
In contract
Feb 13, 2024 Listed $1,895,000
Listed
This property is a 5 bedroom 4 bathroom property with new floor new kitchen and new bathrooms located on an oversized lot on Bay Island just a short drive to the sugary sands of Siesta Key Beach and the Village as well as easy access to downtown Sarasota's art & culture, dining, shopping and more. (Property had some hurricane damage to the floors and the pool, will need repairs, pictures are pre hurricane damage and property is being sold as is)
Apr 18, 2022 Sold
Sold
Jan 3, 2022 Sold
Sold
Show More

Property Highlights

Exterior Details
Building Area Units: Square Feet
Lot Features: Interior Lot, Private, Wooded, Oversized Lot
Lot Size Area: 13000
Lot Size Units: Square Feet
Lot Size Acres: 0.3
Lot Size Square Feet: 13000
Lot Size Dimensions: 99 x 135 x 110 x 125
Tax Lot: 238
Water Source: Public
Financial Details
Tax Annual Amount: $27,424
Utilities Details
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 18
  • Roof Shape Type: 8
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 111
  • Pool Type: 8
  • Location Influence Type: 113

    Dimensions

  • Lot Size Square Feet: 13,000
  • Total Building Area: 2,609
  • Gross Building Area: 2,753
  • Building Area: 2,609
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,609
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAY ISLAND
  • Land Acres: 0000000298
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: E 1/2 LOT 238 LESS NLY 10 FT THEREOF ALL LOT 239 LESS NLY 10 FT OF W 1/2 & W 1/2 LOT 240, BAY ISLAND

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: T02 T02D A055
  • Census Tract: 001903

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 21
  • Account Number: 2019100071
  • Subdivision Tract Number: 634
  • Parcel: 2019-10-0071
  • Lot: 238-2
  • Meridian: SEC 36 TWN 36S RNG 17E
  • Municipality: CITY OF SARASOTA
  • Latitude: 27.3023
  • Longitude: -82.5522

    Address

  • Full Address: 617 Siesta Dr
  • Address - House Number: 617
  • Address - Street Name: Siesta
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C028
  • 4-Digit Zip Code: 1049
  • Zip Code: 34242

Valuation

    Tax

  • Total Area: 2,753
  • Tax Year: 2023
  • Tax Amount: $3,088,528
  • Tax Rate Code Area: 0200

    Appraisal Valuation

  • Standard Deviation: 0.0835
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 93
  • Final Value: 1,855,214
  • High Value: 2,010,308
  • Low Value: 1,700,120

    Market Valuation

  • Market Total Value: $1,017,200
  • Market Land Value: $579,400
  • Market Improvement Value: $437,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,017,200
  • Assessed Land Value: $579,400
  • Assessed Improvements Value: $437,800

    Sales

  • Current Sale Contract Date: Dec 09, 2021
  • Current Sale Recording Date: Jan 03, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022000598
  • Previous Sale Recording Date: Jan 03, 2022
  • Previous Sale Contract Date: Dec 09, 2021
  • Previous Sale Amount: $1,499,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Bay Island


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2232 Pine Terrace, FL, 34231

$8,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,557 ft²
2232 Pine Terrace, FL, 34231 Listing by Andy Moore
Unit for rent at 5159 Oakmont Place, SARASOTA, FL, 34242

$10,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,953 ft²
5159 Oakmont Place, SARASOTA, FL, 34242 Listing by Scott Nold
Unit for rent at 5400 Ocean Boulevard, SARASOTA, FL, 34242

$9,500 /mo

  • 1 Bed
  • 1 Bath
  • 936 ft²
5400 Ocean Boulevard #1002, SARASOTA, FL, 34242 Listing by Sean Altice


Frequently Asked Questions

When was property at 617 Siesta Drive built and last sold?
The property at 617 Siesta Drive was built in 1939 and last sold on Dec 9, 2021 for $1,499,000.
How much is this home worth?
The estimated value of the home located at 617 Siesta Drive is $858,399.
What are some comparable homes to 617 Siesta Drive?
There are currently no comparable homes to 617 Siesta Drive.