Single Family Residence at 732 SIESTA DR, SARASOTA
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Rendering of Prospective Luxury Custom Home - 732 SIESTA DR, SARASOTA
One of four plans that  Salt Wave Construction has that fit on the lot and ready to build quickly once you purchase the lot from the seller. - 732 SIESTA DR, SARASOTA
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75 photos

$2,550,000

732 SIESTA DR
SARASOTA, FL 34242
Listed by Jay Mitchell Jr., PLLC · COLDWELL BANKER REALTY
Bedrooms
3
Bathrooms
4.5
Living area
3,743 sqft
Year built
1956

About this home

Back on the market with a $445,000 price reduction, 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, 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.

Highlights

WaterfrontPrivate poolFireplace

Property details

MLS #
MFRA4706185
Property type
Single Family Residence
Subdivision
BAY ISLAND SHORES
Status
Active
Days on market
1
On market date
September 18, 2026
Stories
N/A
Total bathrooms
4.5
Garage spaces
2
Parking spaces
N/A
Lot size
0.44 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
SOUTHSIDE ELEMENTARY SCHOOL
1.28 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
681
Student:teacher ratio
14.8:1
District
SARASOTA
Middle
BROOKSIDE MIDDLE SCHOOL
1.59 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
760
Student:teacher ratio
15.8:1
District
SARASOTA
High
SARASOTA HIGH SCHOOL
2.2 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
2,508
Student:teacher ratio
20.1:1
District
SARASOTA

Walkability

Blended score for SARASOTA's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

50
Somewhat walkable
out of 100
EPA National Walkability Index
13.5 / 20 -- Above average walkable
Nearby-amenity density
23 / 100
Restaurants & cafes0
Grocery stores0
Parks9
Schools1
Transit stops1
Pharmacies0

Market position

How this listing compares to current activity in SARASOTA, from live MLS data.

On the market 1 days -- 176 fewer days than SARASOTA's current average of 177 days.
For reference, the median list price across 4,261 active listings in SARASOTA right now is $344,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$15,506/mo
$510,000 down
$2,040,000 loan
Principal & interest$13,231
Property tax (est.)$2,125
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 5 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.