603 INDIAN BEACH LANE

Property Details

Description

189 feet of rare boatable water frontage. Already cleared and elevated in preparation for a large contemporary estate, this nearly 1 acre lot offers generous buildable space and valuable privacy for your future vision. This extraordinary waterfront homesite offers some of the longest views to the West across Sarasota Bay and the Intracoastal Waterway. Significant estates, tree-lined streets and waterfront parks define this area. Coastal breezes always surround you; sunsets are, as you might imagine, spectacular. Driving down Indian Beach Lane provides a grand approach and beautiful introduction to this special location. Located in Indian Beach / Sapphire Shores - home to some of the finest historical architecture in all of Sarasota! And today, much like 100 years ago, it is being rediscovered by those with vision, appreciation and means. This coastal neighborhood has been a coveted location since around the time of its “founding” residents like the Ringling family and other prominent early Sarasotans. Water birds and peacocks are regular visitors here. Positioned perfectly between Sarasota-Bradenton International Airport (SRQ) and downtown Sarasota, yet still within short proximity to Longboat Key, St. Armands Circle and Lido Key. This particular location on Sarasota Bay also provides one of the most coveted features of all – boatable water to the site. Whether it’s a luxury yacht or something a bit more modest, access and dockage will be effortless. This homesite sits amongst other significant luxury homes – elegant coastal to the North, Mediterranean to the South with vintage and contemporary to the East. A site study including surveys and analysis is available, as are plans from one of the most renowned builders in the region. Or create your own masterpiece…your canvas awaits!

Facts & Costs

Property type

Land

Zoning

RSFE

Current use

Residential

Lot dimensions

189x283

Price per acre

$6,179,775

Waterfront frontage

189 ft

Road frontage

City Street

Road surface

Paved

Lot size

0.89 acres

Days on market

512

Waterfront

Yes

Community

Indian Beach

Subdivision

INDIAN BEACH COURT REV 03

County

Sarasota

Flood zone

AE

Monthly & yearly costs

Property taxes

$55,854 / year (2024)

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

Utilities & lot

Utilities

BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Public, Sewer Connected, Underground Utilities, Water Connected

Sewer

Public Sewer

Water

Public

Lot features

Buildable, Cleared, City Limits, Level, Oversized Lot, Street Dead-End, Paved

View

Water

Payment Estimate

$32,465 / month

Principal & interest

$27,811

Property taxes

$4,655

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