Under contract-accepting backup offers. RARE SIESTA KEY INVESTMENT OPPORTUNITY — just one street back from the water and a 2-minute walk to the beach. This single-family 2BR/2BA rehab property sits on an OVERSIZED .28 ACRE LOT spanning over two different lots on a private dead-end street with only three homes, surrounded by dense, mature vegetation—an exceptionally rare combination of privacy, size, and location.
The home has been fully gutted and is being sold AS-IS, creating a true blank slate for investors, builders, or end users seeking to add value. Hurricane damage has been remediated, and the property is ready for redevelopment or renovation. Existing structure offers an open-concept layout with two expansive common areas, ideal for reconfiguration or high-end finishes. Terrazzo floors throughout most rooms may be restored to their original shine, preserving classic Florida character.
Outdoor features include a pergola-covered back porch, ample yard space, and a private irrigation well, while still serviced by city water. Opportunities like this—walkable to the beach, oversized lot, ultra-low traffic street, and significant upside—are increasingly rare on Siesta Key. Ideal for flip, rebuild, or long-term hold in one of Florida’s most desirable coastal markets.
Location not available
Exterior Features
Construction Single Family Residence
Siding Block, Concrete
Exterior Other
Roof Shake, Shingle
Garage No
Garage Description Circular Driveway,
Water Public, Well
Sewer Public Sewer
Lot Description Cul-De-Sac, Flood Insurance Required, FloodZone, City Limits, Level, Oversized Lot, Street Dead-End, Paved
Interior Features
Appliances None
Heating Central
Cooling Central Air
Basement Slab
Fireplaces 1
Fireplaces Description Living Room, Wood Burning
Year Built 1959
Neighborhood & Schools
Subdivision SIESTA REV OF
Elementary School Phillippi Shores Elementary
Middle School Brookside Middle
High School Sarasota High
Financial Information
Parcel ID 2019140045
Zoning RSF2
Listing Information
Properties displayed may be listed or sold by various participants in the MLS.