Property
ActiveResidential
1/60
$2,995,000

732 SIESTA DRIVE

Sarasota, FL 34242
3
Beds
5
Baths
3,743
SqFt
0.44
Acres
STELLAR
#A4640849
Updated: Jun 29, 2026, 12:53pm

Property Description

Rare and extraordinary waterfront offering on the coveted North end of Siesta Key, this premier Bay Island estate parcel presents the ultimate canvas for creating a world-class coastal retreat. Set on nearly half an acre, the property commands sweeping waterway views and offers 90 feet of protected sailboat-water frontage, complete with an existing 73-foot composite and tile dock—an exceptional amenity for the discerning boating enthusiast.
To seamlessly bring your vision to life, fully customizable luxury home plans, as well as projected expenditure framework are available for review from Salt Wave Construction thus significantly expediting the design-build process. The seller has also committed to demolition of the existing structure, allowing for a smooth and efficient transition to new construction.
The proposed residence spans approximately 6,366 square feet, including over 4,000 square feet of refined, air-conditioned living space, thoughtfully designed to maximize waterfront exposure and elevate indoor-outdoor living. Multiple entertaining spaces, expansive terraces, and view-oriented decks create the perfect setting for both grand gatherings and intimate moments, all framed by captivating water vistas.
Ideally located for effortless access on and off Siesta Key and just minutes from the culture, dining, and sophistication of Downtown Sarasota, this exceptional property offers the rare combination of privacy, prestige, and proximity. An unparalleled opportunity to craft a legacy waterfront estate in one of Sarasota’s most sought-after enclaves.
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Included Appliances
None

Property Details

Highlights
View
Yes
Waterfront
Yes
Interior
Additional Rooms
Formal Dining Room SeparateFormal Living Room SeparateGreat RoomInside Utility
Bathrooms Total Decimal
4.5
Building Area Total
5308
Fireplace Features
GasLiving Room
Flooring
ConcreteOther
Furnished
Unfurnished
Heating
Other
Interior Features
Cathedral Ceiling(s)Eating Space In KitchenHigh CeilingsPrimary Bedroom Main FloorWalk-In Closet(s)
Laundry Features
InsideLaundry Room
Living Area
3743
Rooms Total
6
Construction
Architectural Style
Coastal
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
StuccoWood Frame
Direction Faces
North
Foundation Details
Slab
Levels
Two
Living Area Source
Public Records
Living Area Units
Square Feet
Property Condition
Fixer
Roof
Shingle
Stories Total
2
Year Built
1956
Site & Exterior
Covered Spaces
2
Exterior Features
French DoorsIrrigation SystemLightingPrivate Mailbox
Fencing
FencedOther
Flood Zone Code
AE
Garage Spaces
2
I D X Participation
Yes
Lot Features
Flood Insurance RequiredFloodZoneIn CountyLandscapedNear Public TransitSidewalk
Lot Size Acres
0.44
Lot Size Area
19337
Lot Size Square Feet
19337
Lot Size Units
Square Feet
Number Of Wells
Yes
Open Parking
Yes
Parking Features
BoatCircular DrivewayDrivewayGarage Door OpenerRV ParkingWorkshop in Garage
Patio And Porch Features
Rear PorchScreened
Pool Features
GuniteIn GroundLightingTile
Public Survey Range
17
Public Survey Section
36
Road Frontage Type
Street Paved
Road Responsibility
Public Maintained Road
Road Surface Type
PavedAsphalt
Sewer
Public Sewer
Spa Features
In Ground
Total Acreage
1/4 to less than 1/2
Utilities
Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailablePublicSewer ConnectedSprinkler WellWater Connected
Vegetation
Trees/Landscaped
View
PoolWater
Water Access
Yes
Water Body Name
SARASOTA BAY
Water Extras
Yes
Water Source
PublicWell
Water View
Yes
Waterfront
Yes
Waterfront Features
Bay/HarborCanal - SaltwaterCanal FrontIntracoastal Waterway
Waterfront Feet Total
90
Zoning
RSF1
Zoning Compatible
Yes
Financials
Calculated List Price By Calculated Sq Ft
800.16
Contract Status Change Date
2025-03-01
Current Price
2995000
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
1 Week
Owner Name
ON RECORD
Ownership
Fee Simple
Parcel Number
2019100001
Public Survey Township
36
Tax Annual Amount
13183
Tax Book Number
5-94
Tax Legal Description
LOT 15 BAY ISLAND SHORES UNIT 1
Tax Lot
15
Tax Year
2024

Neighborhood & Lifestyle

Community & Association
Additional Lease Restrictions
City of Sarasota actually says it is a 8 day minimum.
Lease Restrictions
Yes
M L S Area Major
34242 - Sarasota/Crescent Beach/Siesta Key
Pets Allowed
Yes
S W Subdiv Community Name
Bay Island Shores
Subdivision Name
BAY ISLAND SHORES
Schools
Ratings
Elementary
Phillippi Shores Elementary
Middle
Brookside Middle
High
Sarasota High
Listing provided courtesy of STELLAR via IDX. Updated: Jun 29, 2026, 12:53pm.
Jay Mitchell Jr., PLLC

Listing Agent

COLDWELL BANKER REALTY

Call Agent