3301 BAY SHORE ROAD

Property Details

Description

Exotic and extremely private bay front property on the market for the first time in 40 years. In fact, this is only the third time it’s been available in 100 years. Travel back in time to find ancient oaks and large palms, Banyans, and cedars. It’s an idyllic paradise reminding us of why people have come to these shores for millennia. Although this is direct waterfront, most of the land is not in the flood zone creating many possibilities for new structures on or near grade. What is most unique is the 444-foot lot depth. This is almost 4 times that of other bayfront parcels being redeveloped in the area. This extreme distance provides complete privacy from Bay Shore Road and with each adjacent property a multi-acre estate, the feeling of spaciousness and seclusion is complete. Leave the world behind on the long, winding shell drive through tree canopy and lush vegetation. At “the end of the road” is the original homesite on a small bluff directly on and overlooking Sarasota Bay. Your views are of Longboat and Lido Key and out New Pass to the Gulf of Mexico. Looking south you see our bustling little city of Sarasota and the John Ringling Bridge. Enjoy sea breezes in the afternoon and sunsets all year round. A parcel like this is an architects dream providing the size necessary to create what anyone might want, elevation allowing cascading terraces down to the waterfront and multiple, potential “footprints” for accessory dwellings, accessory structures and more. Bay Shore Road has become an eclectic location for the grandest homes in Sarasota. This has led to sales over 10 million dollars and have exceeded 15 million. But you could not put a price on the most spectacular neighbor, Ca’ d Zan. John Ringling’s gilded Venetian palace anchors the neighborhood to the north and downtown Sarasota is just 2 miles south. Other nearby cultural & educational institutions include the Ringling Museum of Art, the Asolo Theater of Performing Arts, the Sarasota Ballet, the Ringling College of Art & Design and our newest amenity, The Bay Park Conservancy redeveloping 53 acres of City waterfront into a world class public park.

Facts & Costs

Property type

Land

Zoning

RSFE

Current use

Residential

Lot dimensions

100x425

Price per acre

$3,750,000

Waterfront frontage

107 ft

Road frontage

City Street

Road surface

Asphalt

Lot size

0.96 acres

Days on market

637

Waterfront

Yes

Community

Indian Beach

Subdivision

INDIAN BEACH MAP OF

County

Sarasota

Flood zone

AE & X

Monthly & yearly costs

Property taxes

$9,843 / year (2023)

As reported by the listing agent. Verify with the HOA and county.

Utilities & lot

Utilities

BB/HS Internet Available, Cable Connected, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected

Sewer

Public Sewer

Water

Public

Lot features

Buildable, City Limits, Level, Near Public Transit, Oversized Lot, Room For Pool, Street Lights, Paved

View

Water

Payment Estimate

$19,024 / month

Principal & interest

$18,204

Property taxes

$820

HOA

$0

Home insurance

enter below

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

• Bay/Harbor