UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $281
Subdivision Bayview
MLS Listing ID W7880639
Bedrooms 5
Full Baths 5
Half Baths 1
Construction Status Under Construction
HOA Y/N No
Year Built 2025
Annual Tax Amount $3,713
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
Welcome to 1731 SIESTA DRIVE in Sarasota — a rare LUXURY NEW CONSTRUCTION OPPORTUNITY in one of the most desirable and high-demand areas on the Gulf Coast. This partially completed build is designed for a 4 BEDROOM / 4.5 BATH MAIN HOME plus a 1 BEDROOM / 1 BATH POOL HOUSE, offering incredible potential for a CUSTOM ESTATE or a profitable INVESTOR PROJECT. With an estimated $300,000 REMAINING TO COMPLETE and a projected AFTER REPAIR VALUE OF APPROX. $1.8 MILLION, this is the kind of deal that doesn't come around often in Sarasota.
The home is planned for approximately 3,200 SQ FT OF TOTAL LIVING SPACE on a 5,662 SQ FT LOT with NO HOA, giving you full flexibility in design and use. CONCRETE BLOCK CONSTRUCTION is already in place, and the ROOF, NEW COOLING SYSTEM, GARAGE, and FINAL FINISHES are ready for the next owner to bring to life. A PRIVATE POOL is also part of the approved plan, creating the indoor-outdoor lifestyle Sarasota is famous for.
The location simply cannot be beat. You're just minutes from SIESTA KEY BEACH, DOWNTOWN SARASOTA, upscale shopping, fine dining, top-rated schools, and quick access to US-41 and I-75. Whether you complete the project for resale or finish it as your own modern coastal retreat, this address delivers the ideal combination of LOCATION, LUXURY, AND LONG-TERM VALUE.
This is your chance to take over a premium property in mid-build and finish a true Sarasota showpiece exactly the way you want it. Opportunities with this level of upside and flexibility are extremely limited.
OWNER/PRIVATE FINANCING MAY BE AVAILABLE WITH SUBSTANTIAL DOWN PAYMENT.
Location
State FL
County Sarasota
Community Bayview
Area 34239 - Sarasota/Pinecraft
Zoning RMF2
Interior
Interior Features Open Floorplan, Walk-In Closet(s)
Heating Central
Cooling None
Flooring Concrete
Furnishings Unfurnished
Fireplace false
Appliance None
Laundry Inside
Exterior
Exterior Feature Sliding Doors
Garage Spaces 2.0
Utilities Available Cable Available
Roof Type Other
Attached Garage true
Garage true
Private Pool No
Building
Entry Level Two
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Structure Type Concrete
New Construction true
Construction Status Under Construction
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Owner Financing, Private Financing Available
Listing Terms Cash, Owner Financing, Private Financing Available
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/W7880639
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