Lido Beach Land Opportunity – Just one block from Lido Beach and a short stroll to St. Armands Circle, this 8,608 sq. ft. property offers exceptional potential in one of Sarasota’s most desirable coastal enclaves. Zoned RMF3, it allows for flexible redevelopment options including single-family or multi-family use. The existing structure—a storm-damaged 3-bedroom, 2-bath home with an attached 1-bedroom apartment—offers possibilities for renovation, income potential, or complete redevelopment. While the property was impacted by Hurricane Helene, it presents a rare chance to create a custom beach retreat or investment property. Enjoy morning walks by the Gulf, stunning sunsets, and the convenience of downtown Sarasota just minutes away. Property sold as-is.
Financial Considerations
Price:
$1,599,000
HOA Fee:
N/A
Tax Amount:
$8286
Price per SqFt:
$185.76
Tax Legal Description:
LOT 10 & BEG AT SE COR OF LOT 10 TH S ALG E LINE OF LOT 10 EXT 32.5 FT TH W & PARALLEL TO S LINE OF LOT 71.73 FT TH N 32.5 FT TO SW COR OF LOT 10 TH E ALG S LINE OF LOT 71.73 FT TO POB LIDO BEACH DIV B RESUB OF LOT 66 JOHN RINGLING ESTATES