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!
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
- 284 days |
- 239 |
- 8 |
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#: A4642711
Originating 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
| Date | Event | Price |
|---|---|---|
| 11/11/2025 | Price change | $897,000-5.1% |
Source: | ||
| 7/5/2025 | Price change | $945,000-14.1% |
Source: | ||
| 4/28/2025 | Price change | $1,100,000-8.3% |
Source: | ||
| 3/1/2025 | Listed for sale | $1,200,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 34231
Nearby schools
GreatSchools rating
- 9/10Phillippi Shores Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 6/10Brookside Middle SchoolGrades: 6-8Distance: 1.9 mi
- 7/10Riverview High SchoolGrades: PK,9-12Distance: 0.7 mi
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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