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7340 PINE NEEDLE ROAD
About This Property
Fully cleared and ready for construction, this expansive parcel is a blank canvas for your vision-whether you're dreaming of a modern coastal retreat or a timeless island-inspired residence. With plans available from Yoder Homes, you have the unique advantage of accelerating the building process while still tailoring finishes and design details to your personal style. The ability to move forward with a proven, high-end design concept allows you to get ahead-saving valuable time while ensuring a refined, luxury outcome.
The setting itself is equally compelling. Positioned just moments from the Sanderling Club's private beach access, residents enjoy the best of both worlds-peaceful lagoon-front living paired with easy access to Siesta Key's world-renowned Gulf beaches. Imagine evenings spent taking in vibrant sunsets over the water, or mornings surrounded by lush natural landscapes and coastal breezes.
This is more than just a homesite-it's an opportunity to design and build a legacy property in a community known for its privacy, natural beauty, and timeless appeal. With its premier location, expansive lot size, and endless possibilities for customization, this offering represents one of the most compelling land opportunities on South Siesta Key.
Create your vision. Build your dream. Live exceptionally.
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Cap Rate Calculator
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%.
How much can I actually make?
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 |
|---|---|---|---|
| May 12, 2026 | Listed by COMPASS FLORIDA LLC | $1,495,000 | |
| Listed by COMPASS FLORIDA LLC | |||
| Apr 10, 2025 | Price Decreased |
$1,595,000
↓ $155K
(8.9%) | |
| Price Decreased | |||
| Mar 24, 2025 | Listed | $1,750,000 | |
| Listed | |||
| | |||
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Pre-Construction. To be built. Build your Dream Home! Price reflects LAND VALUE only. Nestled within The Sanderling Club, Siesta Key's premier gated community, this private oasis on Heron Lagoon presents a unique opportunity for those seeking sophisticated living in complete tranquility. This expansive, nearly one-acre lot boasts an impressive 400 feet of waterfront along the lagoon. The property is fully cleared and ready to build your dream home in this idyllic setting. Just a short walk from the Clubhouse and tennis courts, this location is ideal for social gatherings and outdoor activities. Residents can enjoy breathtaking sunset views over the vibrant blue waters of the Gulf. Examples of homes that can be built by Jonas Yoder Custom Homes, with plans by JC Designs, are available for your inspiration. This is your invitation to create your paradise in Siesta Key, where comfort and elegance come together for an exquisite living experience.
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| Mar 10, 2025 | Listed | $1,750,000 | |
| Listed | |||
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Nestled within The Sanderling Club, Siesta Key's premier gated community, this private oasis on Heron Lagoon presents a unique opportunity for those seeking sophisticated living in complete tranquility. This expansive, nearly one-acre lot boasts an impressive 400 feet of waterfront along the lagoon. The property is fully cleared and ready to build your dream home in this idyllic setting. Just a short walk from the Clubhouse and tennis courts, this location is ideal for social gatherings and outdoor activities. Residents can enjoy breathtaking sunset views over the vibrant blue waters of the Gulf. Examples of homes that can be built by Jonas Yoder Custom Homes, with plans by JC Designs, are available for your inspiration. This is your invitation to create your paradise in Siesta Key, where comfort and elegance come together for an exquisite living experience.
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| Apr 20, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017