#TB8396433, Estelia Will Mesimer, Listing office: COLDWELL BANKER REALTY
Property details
About 1221 S Basin Ln
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.
Highlights
Summary
- Waterfront: Bay
- View: Water
- List Price: $2,250,000
- HOA Amount: $5400 Annually
- Annual Tax Amount: $10,104
- Tax Year: 2023
- Lot: Cul-De-Sac
- Directions: US 41 South; to Stickney Point Road; left onto Midnight Pass Rd; left onto S. Basin Lane.
- Lot Size: 0.49 Acres
- MLS Number: A4640949
- MLS Name: MFRMLS
- Office Name: PREMIER SOTHEBYS INTL REALTY
- Office Phone: (941) 364-4000
- Listing Agent: Judie Berger
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 27, 1998 | Home Sold | $467,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $847,387 | $10,104 |
2022 | $822,706 | $9,930 |
2021 | $798,744 | $9,930 |
2020 | $787,716 | $9,967 |
2019 | $770,006 | $9,733 |
2018 | $755,649 | $9,550 |
2017 | $740,107 | $9,514 |
History based on county public records data.
Nearby schools
7
Gulf Gate Elementary School
Public District PK-5
1.7 mi
•6500 S Lockwood Ridge Rd
8
Phillippi Shores Elementary School
Public Magnet PK-5
2.8 mi
•4747 S Tamiami Trl
5
Wilkinson Elementary School
Public District PK-5
3.5 mi
•3400 Wilkinson Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $74,826. Most Sarasota, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 1221 S Basin Ln
The listing price of 1221 S Basin Ln property is $2,250,000.
The property 1221 S Basin Ln is land located in Sarasota, Florida, 34242.
Active Listing: 1221 S Basin Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1221 S Basin Ln are: Gulf Gate Elementary School (GreatSchools Rating 7/10), Phillippi Shores Elementary School (GreatSchools Rating 8/10), Wilkinson Elementary School (GreatSchools Rating 5/10), Imagine School at Palmer Ranch (GreatSchools Rating 5/10), Brookside Middle School (GreatSchools Rating 6/10), Sarasota Middle School (GreatSchools Rating 8/10), Sarasota Virtual Instruction Program (GreatSchools Rating 6/10), Riverview High School (GreatSchools Rating 6/10), Suncoast Polytechnical High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2023 is $10,104 (source: MLS/based on county public records data).
The last sale was on July 27, 1998 for $467,000 (source: MLS/tax record).
The property 1221 S Basin Ln is 0.49 acres.
This home is located at 1221 S Basin Ln in Sarasota, FL and zip code 34242 in the Siesta Key neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 17, 2025 and is currently priced at $2,250,000.
In June 2025, from all listings sold in Sarasota, FL there were more than 23 sold above asking price, over 364 sold below and more than 51 were sold right at the asked price. Between May and June 2025, Sarasota, FL real estate market has seen decrease in the number of listings by 2%. In June 2025 median list price was $495,118 and the average listing age was 72 days.