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Lot/land
  • Price cut: $48K (11/11)
    $897,000

    5510 Merrimac Dr #162, Sarasota, FL 34231

    --beds
    0baths
    0.31Acres
    Unimproved Land
    Built in ----
    0.31 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Prime waterfront
    Exceptional Waterfront Lot in Prime Sarasota Location with designed home ready for you to build. Discover over a quarter acre of prime waterfront at the end of a prestigious cul-de-sac in an established boating community. This 13,500 SF lot boasts an impressive 300 feet of waterfront, offering breathtaking sunrise and sunset views with refreshing cross breezes from the water on both sides of the home. Located just minutes from the heart of Sarasota, this rare homesite provides easy access to the Gulf beaches, a quick 10-minute boat ride to the Intracoastal Waterway, and close proximity to dozens of waterfront dining options. Top-rated schools, including Pine View, Riverview, and Philippi Shores, are nearby, along with upscale shopping, fine dining, and vibrant cultural attractions. Enjoy the convenience of a short walk to Phillippi Estate Park or a 10-minute bike ride to the beach. This is a unique opportunity to build your dream waterfront retreat in one of Sarasota’s most desirable locations! ABOUT THE PROPOSED HOME FOR THE SITE: Luxury Waterfront Estate – New Construction This exceptional waterfront estate offers up to 6,000 SF of luxury living with over 300 linear feet of waterfront. Enjoy breathtaking sunrise and sunset views from your private balcony and panoramic water views from every room. Designed for the most discerning buyer, this home features state-of-the-art luxury appliances and finishes, solid concrete construction, and hurricane-resistant design with all impact windows and doors. Smart home automation includes automated lighting and climate control for modern convenience. The resort-style waterfront pool and spa create the ultimate outdoor oasis, while the rooftop sky deck offers a stunning vantage point for entertaining. A separate 700 SF guest house provides privacy for visitors, and the three enclosed garage spaces ensure ample storage for vehicles and watercraft. Experience the pinnacle of waterfront luxury in one of Sarasota’s most sought-after locations!
    284 days
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    239
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    8
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    Zillow last checked: 8 hours ago

    Listing updated: November 11, 2025 at 10:47am

    Listing Provided by:

    Steve Abbe 941-400-3969,

    COLDWELL BANKER REALTY 941-383-6411,

    Shannon Rocha,

    COLDWELL BANKER REALTY

    Source: Stellar MLS,MLS#: A4642711MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Video & virtual tour

    Property

    Features
    • Has view: Yes
    • View description: Water
    • Water view: Water
    Lot
    • Size: 0.31 Acres
    • Dimensions: 250 x 45 x 240 x 50
    • Features: Flood Plain, Irregular Lot, Street Lights
    Details
    • Parcel number: 0086060021
    • Zoning: RSF2
    • Special conditions: None

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, BB/HS Internet Capable, Cable Available, Electrical Nearby, Fiber Optics, Fire Hydrant, Phone Available, Sewer Available, Street Lights, Water Nearby

    Community & HOA

    Community
    • Subdivision: PHILLIPPI GARDENS 08
    HOA
    • Has HOA: No
    • Pet fee: $0 monthly
    Location
    • Region: Sarasota

    Financial & listing details

    • Annual tax amount: $6,306
    • Date on market: 3/1/2025
    • Cumulative days on market: 271 days
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Road surface type: Paved, Asphalt

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    11/11/2025Price change$897,000-5.1%
    Source: Stellar MLS #A4642711 Report a problem
    7/5/2025Price change$945,000-14.1%
    Source: Stellar MLS #A4642711 Report a problem
    4/28/2025Price change$1,100,000-8.3%
    Source: Stellar MLS #A4642711 Report a problem
    3/1/2025Listed for sale$1,200,000
    Source: Stellar MLS #A4642711 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 34231

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Phillippi Shores Elementary
    • Middle: Brookside Middle
    • High: Riverview High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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