Bay STREET, Sarasota, FL, 34237 | $500,000

Presenting: a RARE and UNIQUE opportunity in the heart of BEAUTIFUL Sarasota!!
** NOTE: Must be purchased together with two other lots: MLS#s A4637360 AND A4637407 for a total of 3 connected buildable lots (total asking price for all three is $1. 5M) -- a developer’s dream to build 3 homes OR Custom build your own beautiful home on nearly a Half Acre! Very few vacant buildable lots left! This neighborhood has no HOA and you have plenty of room here to include a swimming pool and/or build a guest house ensuring privacy and space. The possibilities are ENDLESS! Electricity and water are ready to hook up. This lot is close proximity to bustling Downtown Sarasota. . . boasting a fantastic nightlife and bayfront where you can enjoy everything from world class dining, movies, dancing, music, and the Farmer's Market every Saturday! Just beyond that to the West you have shopping and fine dining options on St. Armands Circle and then out to Lido Key for beautiful sunsets or a nice stroll on the beach. To the North you have Longboat Key and Anna Maria Island. Or head just a little to the South and enjoy the WORLD-FAMOUS SIESTA KEY!! Only 5 blocks from Publix, 5 blocks to Payne Park (dog park/playground/skatepark/running trail), and 1. 2 miles to the Sarasota Bayfront aka Island Park and Marina Jack's. . . Add Island Park and Ringling Bridge to your exercise routine as it offers a walking path all along the bayfront. Marina Jack's is a full-service marina offering boat and jet ski rentals as well as fishing/diving charters and large boat dockage (fees apply) with electricity and water available. Marina Jacks Restaurant offers fine dining with a breathtaking waterfront view. Other areas of interest: Only 2 blocks to the Legacy Hike/Bike Trail, 1. 3 miles to Sarasota Memorial Hospital and Southside Village which offers even more shopping and several fine boutique style dining options as well as Morton's Gourmet Market. If you head North 5. 6 miles you will find the beautiful Ringling Museum and the historic "Ca d'zan" Mansion open to the public as well as the SRQ International Airport. To the East about 8. 7 miles, you will find our new mall at University Town Center (UTC) with more restaurants and shopping than you can ever imagine! To enjoy the beaches you will head West 4. 9 miles Lido Beach or South 6. 9 miles to Siesta Key Beach. And if you like theme parks, you'll find Busch Gardens approx. 50 miles away, Disney and Universal Studios, SeaWorld and MORE approx. 100 miles away! Come experience the Florida lifestyle this premium location offers in the beautiful town of Sarasota!

Features

  • Lot Size: 50 x 135
  • Elem. School: Alta Vista Elementary
  • High School: Sarasota High
  • MLS#: A4637405
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/A4637405/baystreet_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 4/18/2025 12:37:21 PM)
Listing courtesy of Z.D. REALTY   Phone: 941-350-9555

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Bay STREET, Sarasota, FL, 34237

$500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $400,000 $400,000 $400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.007% 7.037% 6.152%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,495 $2,628 $3,348
Total Monthly Payment $2,587 $2,720 $3,440

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.