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636 Beach Rd

0.53 Acres of Residential Land Offered at $9,750,000 in Siesta Key, FL 34242

Investment Highlights

  • Seller has preliminary designs for 4 condominium residences of 3,700+ SF of living area each.
  • Siesta Key is an 8-mile long barrier island in the Gulf of Mexico, off the coast of Sarasota on the West Coast of Florida.
  • In 2023 Siesta Beach took the #2 spot for beaches in the U.S.
  • RMF1 zoning allows for both residential and multifamily construction.
  • Siesta Beach was named #1 in the U.S. and #5 in the world in the 2020 TripAdvisor Travelers' Choice™ awards.

Executive Summary

Beachfront Re-Development Opportunity- 180 degree view of the World Famous Beach Siesta Key Beach. When you feel the quartz-crystal sand between your toes you will understand why Siesta Beach was the #1 Ranked Beach in the US in 2020 by TripAdvisor Travelers. The property has Development Entitlements for up to 4 luxury residential units. Seller has preliminary designs for 4 condominium residences of 3,700+ sf of living area.

Property Facts

Price $9,750,000
Sale Type Investment
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.53 AC

1 Lot Available

Lot

Price $9,750,000
Price Per AC $18,396,226
Lot Size 0.53 AC

Land has been cleared and there is 22,850 Sq Ft of available land to build on.

Description

Subject is located on Beach Road on the north side of Siesta Key, between public beach access #10 & #11, and less than 1,000 feet to the world famous Siesta Key public beach. Located directly on the Gulf of Mexico.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0107-03-0024
Land Assessment
$5,052,100
Improvements Assessment
$0
Total Assessment
$5,052,100

zoning

Zoning Code RMF1 (Residential, Multi-Family)
RMF1 (Residential, Multi-Family)
  • Listing ID: 30079808

  • Date on Market: 11/16/2023

  • Last Updated:

  • Address: 636 Beach Rd, Siesta Key, FL 34242

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