1 of 39

Want to see this home?

1221 S Basin Lane

SARASOTA, FL 34242

3 beds
4 baths
2,900 sqft
~1/2 acre lot
$810 per sqft
1962 build
– on site

Waterfront Opportunity. Discover the unparalleled charm of Siesta Key with this exceptional waterfront property. Perfectly positioned just three lots from Sarasota Bay on sailboat water, with no bridges to the bay, this property presents a rare opportunity to either renovate the existing structure or build your dream luxury home in one of Florida’s most coveted coastal communities. For boating enthusiasts, the property provides direct sailboat access to Sarasota Bay, the Intracoastal Waterway, and the Gulf of Mexico via the recently reopened Midnight Pass. Please note that the existing structure on the property was storm-damaged, has been remediated, and is ready for renovation. The property is being sold for land value, offering a unique opportunity to create your custom waterfront estate on the private, nearly one-half-acre property. Located outside the gates, yet part of the Sanderling Club, residents enjoy a serene lifestyle with access to social events and a private community beach where, each evening, the Gulf of Mexico paints the sky with breathtaking sunsets, creating a picture-perfect backdrop for relaxation. This property is more than just a piece of land—it’s an invitation to embrace the beauty, luxury, and convenience of coastal living. Conveniently close to Siesta Key’s world-renowned crystal quartz sands, Turtle Beach, and the vibrant dining and shopping scene of Siesta Village and the South Village. Just a short drive away, downtown Sarasota offers a wealth of cultural attractions, including theaters, ballet, opera, museums, and art galleries.

Listing courtesy of STELLAR_MLS / PREMIER SOTHEBYS INTL REALTY

Last checked: Checking… • Last updated Dec 22, 2024 •

MLS# A4632327 —

The Building

Year Built:

1962
New Construction:

false
Architectural Style:

Ranch
Construction Materials:

Block
Levels:

One
Stories Total:

1
Roof:

Metal
Foundation Details:

Slab
Security Features:

Gated Community
Building Area Total:

3921
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Open Floorplan
Flooring:

Concrete
Fireplace:

true

Room Dimensions

Living Area:

2900
Living Area Units:

Square Feet
Living Area Source:

Owner

Location

Directions:

US 41 South; to Stickney Point Road; left onto Midnight Pass Rd; left onto S. Basin Lane.
Latitude:

27.244912
Longitude:

-82.528716
Coordinates:

-82.528716, 27.244912

The Property

Parcel Number:

0110050005
Property Type:

Residential
Property Subtype:

Single Family Residence
Lot Features:

Cul-De-Sac
Lot Size Acres:

0.49
Lot Size Area:

21221
Lot Size SqFt:

21221
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

RE2
Direction Faces:

Southeast
View:

Water
View:

true
Exterior Features:

Sliding Doors
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

AE
Additional Parcels:

false
Homestead:

true
Lease Restrictions:

true
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

6
Tax Legal Description:

LOT 6 SIESTA PROPERTIES INC UNIT 3
Tax Book Number:

411-480
Tax Annual Amount:

10104.44

Beds

Bedrooms Total:

3

Baths

Total Baths:

3.5
Total Baths:

4
Full Baths:

3
Half Baths:

1

The Listing

Virtual Tour URL Unbranded:

https://nam10.safelinks.protection.outlook.com/?url=https%3A%2F%2Ftours.coastalhomephotography.net%2F2295206%3Fidx%3D1&data=05%7C02%7Cjudie.berger%40premiersir.com%7C68d851d1e61249596fec08dd1bbd9da4%7C57de1345eb5746ac8b5a4ccfeef84a89%7C0%7C0%7C638697223394175983%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=vK9o416U1i4bRQGk6SOU%2BMi3Z3fBDJI0K5Pls%2FeGxt0%3D&reserved=0
Special Listing Conditions:

None

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Zoned
Cooling:

true

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer

Appliances

Appliances:

None
Laundry Features:

Inside

Schools

Elementary School:

Phillippi Shores Elementary
Middle Or Junior School:

Brookside Middle
High School:

Sarasota High

The Community

Subdivision Name:

SIESTA PROPERTIES INC
Senior Community:

false
Community Features:

Marina
Water View:

Bay/Harbor - Full
Water View:

true
Water Access:

Bay/Harbor
Water Access:

true
Water Body Name:

Sanderling Marina Harbor
Waterfront:

true
Waterfront Features:

Waterfront
Pool Private:

true
Pool Features:

In Ground
Pets Allowed:

Yes
Association Amenities:

Other
Association:

true
Association Fee:

5400
Association Fee Frequency:

Annually
Association Fee Includes:

Maintenance Grounds
Association Fee Requirement:

Required
Monthly HOA Amount:

450
Amenities Additional Fees:

Marina use is on a first-come-first-serve basis
Ownership:

Fee Simple
Association Approval Required:

true
Waterfront Feet Total:

159

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

2
Carport:

false
Covered Spaces:

2

Monthly cost estimate

Asking price

$2,350,000

Expense	Monthly cost
Mortgage	$12,583
Taxes	$842
Insurance	$646
HOA fees	$450
Utilities	$188 See report
Total	$14,709/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Max Internet Speed

Frontier

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
12/22/24 Dec 22, 2024	Listed / Active	STELLAR_MLS	$2,350,000

Want a closer look?

Go see 1221 S Basin Lane

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in 34242

Similar sold homes

This house located in Sanderling Beach, FL 34242 is currently for sale for $2,350,000. 1221 S Basin Lane is a 2,900 square foot house with 3 beds and 4 baths that has been on Estately for 0 days. 1221 S Basin Lane is in the Sanderling Beach neighborhood of SARASOTA and has a WalkScore® of 31, making it car-dependent. This house is in the attendance area of Brookside Middle School, Sarasota High School, and Phillippi Shores Elementary School.

Listing Courtesy of: STELLAR_MLS and PREMIER SOTHEBYS INTL REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.