Active

$800,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRC7506730
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
One-of-a-kind buildable Lemon Bay island estate site, county-confirmed residential eligibility, dock and submerged-land zoning, 43-foot allowable build height includes 5 feet of resilient freeboard below the first floor, and substantial Lemon Bay / Intracoastal Waterway frontage within a very private island setting. Accessible by boat, helping preserve the island’s private, natural character.  The property was previously approved by a 10-member committee for State acquisition after formal environmental review, confirming its rarity and conservation-quality character. After a State budget shift away from this type of coastal conservation acquisition, the seller is now focused on a private-market sale. The owner has made a major private-market price reset and may consider seller financing, structured terms, or a reasonable due-diligence period for a qualified buyer. Create a legacy island estate in a setting that cannot be duplicated.  Enjoy as a private island estate with optional vacation-rental use when not in personal use.
Financial Considerations
Price:
$800,000
HOA Fee:
N/A
Tax Amount:
$7.71
Price per SqFt:
$0.38
Tax Legal Description:
ZZZ 014119 P20 ZZZ 014119 P20 THAT PT OF AN ISLAND IN LEMON BAY E OF MANASOTA KEY IN THE S1/2 OF SEC 1 CONT INTO N1/2 OF SEC12 LYING S OF E/LY EXTN OF N LN OF S 1555.35FT INCLUSIVE OF RIPARIAN RIGHTS AKA P20 37.66 AC M/L AND TWO PARCELS OF SUBMERGED LAND IN G
Exterior Features
Lot Size:
2080425
Lot Features:
Other
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
N/A
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
N/A
Construction Type:
N/A
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    MANASOTA KEY ISLAND
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