$2,250,000

1221 S Basin Ln Sarasota, FL 34242

0.5 acres
Land

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

Home typeOther
StatusActive
Lot size0.49 Acres
MLS #A4640949
WaterfrontBay
ViewWater

Summary

  • 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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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/5/2025, 5:20:10 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$2,250,000

1221 S Basin Ln

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Price information

Property sales

DateEventPrice
Jul 27, 1998
Home Sold
$467,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $74,826. The majority of Sarasota, FL residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

18%
<35k
37%
35k-100k
29%
100k-200k
16%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

52%
Single, No Kids
5%
Single, with Kids
39%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
3%
12-17 yrs old
7%
18-34 yrs old
39%
35-64 yrs old
46%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • PGA/LPGAPGA/LPGA
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Chico'sChico's
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • ChipotleChipotle
  • California Pizza KitchenCalifornia Pizza Kitchen

What do the neighbors drive?

  • LexusLexus
  • CadillacCadillac
  • MazdaMazda

What do the neighbors listen to?

  • NewsNews
  • ClassicalClassical
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1221 S Basin Ln

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.

Sarasota, FL housing market in March 2025 saw over 33 listings sold above listed price, more than 73 sold at listed price and over 387 sold below. In March 2025 in Sarasota, FL there were 8.2% more homes for sale than in February. While the average time on the market in March 2025 was 61 days, the median list price was $505,057.

From Rocket Homes Real Estate and based on county public records data.

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