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1645 Bayshore Rd

3.87 Acres of Residential Land Offered at $18,000,000 in Nokomis, FL 34275

Property Facts

Price $18,000,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 3.87 AC

1 Lot Available

Lot

Price $18,000,000
Price Per AC $4,651,163
Lot Size 3.87 AC

This sale includes two separate lots (PID#S-0166150006 & 0166150007), with 3.87 acres combined with 345 +/-ft of Bay-frontage.

Description

This listing offers one of the last undeveloped intercoastal/bayfront multi-family sites left on the West Coast of Florida which includes a 17-slip marina and additional dockage. This sale includes two separate lots (PID#S-0166150006 & 0166150007), with 3.87 acres combined with 345 +/-ft of Bay-frontage. This unique parcel is zoned for a total of 34 units with preliminary architectural renderings and the Sarasota County DRC pre-submittal application process has been completed along with surveys. With panoramic Bayfront views, large acreage and a private marina, you have the ability to create an exclusive multi-family waterfront development. Additional uses would include a single-family home development, a grand estate property with its own marina and large acreage. Another option would be to reside on one lot and build income producing properties on the other, along with boat-slip rentals. There are 12 buildings on the property with 14 units. Some of the units need work including roofs but are repairable. They are all concrete block except one building. The serene view overlooking Casey Key provides an old Florida feel. This property is ideally located with only 5 minutes to beautiful Nokomis Beach and Jetty, 10 minutes to quaint downtown Venice Island and beach, about 30 minutes from Downtown Sarasota with all of its cultural offerings, restaurants, nightlife, entertainment as well as easy access to the highway within 5 minutes. Take this one-of-a-kind property and transform it into your own Bayfront gem!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0166-15-0007
Land Assessment
$3,619,000
Improvements Assessment
$466,200
Total Assessment
$4,085,200

zoning

Zoning Code RMF2 (Moderate Density Multiple Family Zones)
RMF2 (Moderate Density Multiple Family Zones)
  • Listing ID: 31268362

  • Date on Market: 3/19/2024

  • Last Updated:

  • Address: 1645 Bayshore Rd, Nokomis, FL 34275

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