160 GARDEN LANE

SARASOTA, FL 34242

Listing courtesy of COLDWELL BANKER REALTY · MLS# A4663281

$1,000,000

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Property Details

Lot size

10,100 sq ft lot

Zoning

RSF2

Price / acre

$4,347,826

MLS#

A4663281

Listed

August 27, 2025

Description

Excellent Development and Investment Opportunity LOT, PLANS and PERMITS have already been city-approved to build a new home on the property located on the coveted north end of Siesta Key just minutes from Siesta Key Beach! Renderings can be found under attachments. Refurbish and renovate the existing property, or tear it down and build your dream home on this prime oversized corner lot.. The preliminary plans are attached for a coastal contemporary elevated three-story home featuring 5 bedrooms, 4 full and 1 half bathrooms, a two car garage, open floor plan, gourmet chef’s kitchen, dining room, a dedicated office, flexible bonus spaces, an elevator servicing all three levels. The outdoor area includes multiple covered lanais and balconies, spaces for entertaining, and a resort-style pool and spa with a sun shelf. Short-term rentals are permitted, allowing flexibility for many investment opportunities such as Airbnb and vacation rentals. Located just steps from Siesta Key’s world-famous beaches and only minutes from Siesta Village dining and shopping, this new construction residence offers the perfect blend of luxury, design, and island lifestyle. This is a rare opportunity to enjoy island life and the best beaches while living in a convenient location within very close proximity to Downtown Sarasota, Southside Village, top restaurants, shopping, hospitals, and entertainment.

Facts & Costs

Property type: Land
Zoning: RSF2
Current use: Residential
Lot dimensions: 100x103
Price per acre: $4,347,826
Road frontage: City Street
Road surface: Asphalt, Paved
Lot size: 10,100 sq ft
Days on market: 400
Waterfront: No
Community: Siesta Rev
Subdivision: SIESTA REV OF
County: Sarasota
Flood zone: AE

Monthly & yearly costs

Property taxes: $10,687 / year (2024)

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

Utilities & lot

Utilities: Public, Sewer Connected, Water Connected
Sewer: Public Sewer
Water: Public
Lot features: Buildable, Corner Lot, City Limits, Room For Pool, Paved

Payment Estimate

$5,947 / month

Principal & interest: $5,057
Property taxes: $891
HOA: $0
Home insurance: enter below

Down payment (20%)$200,000Interest rate (%)Loan termHome insurance ($/year)

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

Information deemed reliable but not guaranteed.

Listings courtesy of Stellar MLS as distributed by MLS GRID

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