Active

$929,000

Features:
  • 5 Bedrooms
  • 6 Bathrooms
  • 3200 sq ft
Overview
  • ID: MFRW7880639
  • Bedrooms: 5
  • Bathrooms: 6
  • Size: 3200 sq ft
Property Details
Remarks
Under Construction. OWNER/PRIVATE FINANCING MAY BE AVAILABLE. Welcome to 1731 SIESTA DRIVE in Sarasota — a rare LUXURY NEW CONSTRUCTION OPPORTUNITY in one of the most desirable and high-demand areas on the Gulf Coast. This partially completed build is designed for a 4 BEDROOM / 4.5 BATH MAIN HOME plus a 1 BEDROOM / 1 BATH POOL HOUSE, offering incredible potential for a CUSTOM ESTATE or a profitable INVESTOR PROJECT. With an estimated $300,000 REMAINING TO COMPLETE and a projected AFTER REPAIR VALUE OF APPROX. $1.8 MILLION, this is the kind of deal that doesn’t come around often in Sarasota. The home is planned for approximately 3,200 SQ FT OF TOTAL LIVING SPACE on a 5,662 SQ FT LOT with NO HOA, giving you full flexibility in design and use. CONCRETE BLOCK CONSTRUCTION is already in place, and the ROOF, NEW COOLING SYSTEM, GARAGE, and FINAL FINISHES are ready for the next owner to bring to life. A PRIVATE POOL is also part of the approved plan, creating the indoor-outdoor lifestyle Sarasota is famous for. The location simply cannot be beat. You’re just minutes from SIESTA KEY BEACH, DOWNTOWN SARASOTA, upscale shopping, fine dining, top-rated schools, and quick access to US-41 and I-75. Whether you complete the project for resale or finish it as your own modern coastal retreat, this address delivers the ideal combination of LOCATION, LUXURY, AND LONG-TERM VALUE. This is your chance to take over a premium property in mid-build and finish a true Sarasota showpiece exactly the way you want it. Opportunities with this level of upside and flexibility are extremely limited. OWNER/PRIVATE FINANCING MAY BE AVAILABLE WITH SUBSTANTIAL DOWN PAYMENT.
Financial Considerations
Price:
$929,000
HOA Fee:
N/A
Tax Amount:
$3713.81
Price per SqFt:
$290.31
Tax Legal Description:
LOT 15, BLK B, BAYVIEW
Exterior Features
Lot Size:
5850
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Other
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
5
Bathrooms:
6
Heating:
Central
Cooling:
None
Appliances:
None
Furnished:
Yes
Floor:
Concrete
Levels:
Two
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
2025
Construction Type:
Concrete
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
South
Pets Allowed:
No
Special Condition:
None
Additional Features:
Sliding Doors
Additional Features 2:
N/A
Map
  • Address
    1731 SIESTA DR
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