LKV Realty
Logo
$2,250,000
$6,800Reward *
1221 S BASIN Lane, Sarasota, FL 34242Listing ID A4640949

1221 S BASIN Lane, Sarasota, FL 34242

Active
SANDERLING CLUB/SIESTA PROPERTIES INC
Time on site: 542 daysLast updated: Aug 24, 2025
Property Type
Property Type
Land
Property Sub Type
Property Sub Type
Residential
Acres
Acres
0.49
Days on Site
Days on Site
542

A rare waterfront opportunity. Ideally just three lots from Sarasota Bay on sailboat water, with no bridges to the bay, this property presents an opportunity to be a member of the Sanderling Club and live on boating water. Renovate or elevate the structure or raze and build your dream luxury home in one of Florida’s desired coastal communities. For boating enthusiasts, the property provides direct sailboat access to Sarasota Bay, the Intracoastal Waterway and Gulf of Mexico via the recently reopened Midnight Pass. Please note the existing structure on the property was storm-damaged, has been remediated and is ready for the next owner's vision. 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. 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.

Property Information

Property Details

Location

Address
1221 S BASIN Lane
County
Sarasota
City
Sarasota
Zip Code
34242
Subdivision
SANDERLING CLUB/SIESTA PROPERTIES INC
High School
Sarasota High
Elementary School
Phillippi Shores Elementary
MLS Area
34242 - Sarasota/Crescent Beach/Siesta Key

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$10,423
Tax Year
2024

Homeowner Association

HOA Fee
$5,400
HOA Fee Frequency
Annually
PREMIER SOTHEBY'S INTERNATIONAL REALTY, (941) 364-4000

Market Report for 34242

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Stellar MLS
Stellar MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

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