Prime waterfront rebuild opportunity on Siesta Key. Tear-down structure on property. Selling for land value only. AS IS situation. Investor or builder's dream! High-equity potential in a neighborhood of multi-million dollar luxury estates. The existing home is heavily storm-damaged and is being sold strictly for lot value. While the existing structure has sustained significant damage from two recent hurricanes, the true value lies in the land, the location, and the limitless potential for a custom waterfront estate. AS IS seawall. Bring your architect, your builder, and your vision. Embrace the ultimate coastal lifestyle with this rare blank canvas on world-renowned Siesta Key. Nestled on a highly coveted bayside lot, this property offers breathtaking water views and access. All this just minutes from one of the best beaches in the world. Walk or drive to dinner and shopping. Half a mile south to the Stickney Point Bridge. Twenty minutes from beautiful downtown Sarasota.
The RSF Districts permit single-family residential densities, which may take the form of single-family detached or cluster subdivisions; Cluster subdivisions may include lot line, traditional, patio, villa, atrium, duplex, or townhouse units. The nature of the use of property is the same in all RSF Districts, with variation among the RSF-1, RSF-2, RSF-3 and RSF-4 Districts in the requirements for density, lot area and width, and yards; A limited number of nonresidential uses are allowed, subject to the restrictions and requirements necessary to preserve and protect the single-family residential character of the neighborhood; The RSF Districts are generally used to implement the Comprehensive Plan within those areas shown as Low Density, Moderate Density and Medium Density Residential on the Future Land Use Map and on the Barrier Islands where the application of the district would not increase the density of development or hamper hurricane evacuation planning and disaster mitigation efforts. Locations on the Barrier Islands that have existing RSF zoning are acknowledged, and are considered to be consistent with the Future Land Use Map. The RSF-4 District is also used to implement the Comprehensive Plan in the areas shown as Office/Multifamily Residential Area and Corridor on the Future Land Use; The RSF-4 District, while not a primary implementing district, may also be allowed in Regional, Community, Village I, Village II, and Neighborhood Commercial Centers. Appropriate densities within the Low; Moderate or Medium Density Residential areas shall be guided by the density ranges as outlined in Future Land Use Policy 1.1.1, Objective 2.3, and Policy 2.3.1 of the Comprehensive Plan; These densities shall also be determined, in part, by the land use designations and developed residential areas surrounding the parcel.
Zone overlays
Siesta Key Overlay District
Permitted uses
Include but are not limited to:
Agriculture
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Infrastructure
Park & open space
Property details
Interior
Virtual Tour
Bedroom Information
# of Bedrooms: 4
Bathroom Information
# of Full Baths (Total): 3
# of Half Baths (Total): 1
Laundry Room Information
Laundry Features: None
Other Rooms Information
# of Rooms: 3
Heating & Cooling
Heating Information: None
Cooling Information: None
Interior Features
Interior Features: Ninguno
Appliances: None
Flooring: Other
Exterior
Building Information
Construction Materials: Wood Siding
Roof: Shingle
Exterior Features
Exterior Features: Other
Pool Information
Has Private Pool
Pool Features: In Ground
Property Features
Universal Property Id: US-12115-N-0110120009-R-N
Waterfront Information
On Waterfront
Waterfront Features: Canal - Saltwater
Waterfront Feet Total: 133
Water Frontage Feet Canal Salt: 133
Water View Y/N: 1
Water View Description: Canal
Water Access Y/N: 1
Water Access Description: Bay/Harbor
Water Extras Y/N: 1
Water Extras Description: Seawall - Other
Property Information
CDD Y/N: 0
Homestead Y/N: 0
Property Type: Residential
Property Sub Type: Single Family Residence
Property Condition: Fixer
Zoning: RSF1
Land Information
Total Acreage: 1/4 to less than 1/2
Lot Information
Lot Size Acres: 0.36
Road Surface Type: Paved
Lot Size Square Meters: 1465
Building Information
MFR_BuildingAreaTotalSrchSqM: 298.31
Financial
Tax Information
Tax Annual Amount: $19,248.91
Tax Year: 2025
Lease / Rent Details
Lease Restrictions YN: 1
Utilities
Utility Information
Water Source: See Remarks
Sewer: Other
Utilities: Other
Location
Multi-Unit Information
Unit Number YN: 0
Furnished: Unfurnished
HOA Information
MFR_Association2YN: 0
Association Approval Required Y/N: 0
Location Information
Directions: West over the Stickney Point Bridge onto Siesta Key. South on Midnight Pass Road. House is 7/10ths of a mile south of the bridge on the left side.
Public facts
Beds: 4
Baths: 3.5
Sq. Ft.: 2,763
Stories: 2.0
Lot Size: 0.36 acres
Style: Single Family Residential
Year Built: 1965
Year Renovated: 2000
County: Sarasota County
APN: 0110120009
Home facts updated by county records on Sep 11, 2026
Other
Miscellaneous Information
Third Party YN: 1
Listing Information
Attribution Contact: 941-999-1179
Previous Status: Pending
Backups Requested YN: 1
Listing Date Information
Days to Contract: 2
Status Contractual Search Date: 2026-08-24
Listing Price Information
Calculated List Price By Calculated Sq Ft: 289.54
Green Information
Green Verification Count: 0
Direction Faces: Southwest
Home Information
Living Area: 2763
Living Area Units: Square Feet
Living Area Source: Public Records
Living Area Meters: 256.69
Building Area Total: 3211
Building Area Units: Square Feet
Building Area Source: Public Records
Foundation Details: Slab
Stories Total: 2
Levels: Two
Around this home
Schools
Phillippi Shores Elementary School
Public PreK-5 • Assigned • 2.9mi
9/10
Brookside Middle School
Public 6-8 • Assigned • 4.0mi
6/10
Sarasota High School
Public 9-12 • Assigned • 5.7mi
5/10
Provided by GreatSchools
Climate risks
10/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 107° expected this year, 26 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Sarasota, FL • 34242
Average low and high temperatures (°F)
68
53
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77
63
81
68
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84
71
78
64
74
59
Jan
Feb
Mar
Apr
May
Jun
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Aug
Sep
Oct
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Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Sarasota. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
7.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.04M – $1.26M
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