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$18,050,000

1645 & 1649 BAYSHORE ROAD, NOKOMIS, FL 34275

Active411 days on market

Beds

Baths

0

Sq Ft

Year Built

Lot Size

3.87 acres

Garage

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About This Property

This listing offers one of the last undeveloped intercoastal/bayfront multi-family sites left on the West Coast of Florida which includes a 17-slip marina and additional dockage. This sale includes two separate lots (PID#S-0166150006 & 0166150007), with 3.87 acres combined with 345 +/-ft of Bay-frontage. This unique parcel is zoned for a total of 34 units with preliminary architectural renderings and the Sarasota County DRC pre-submittal application process has been completed along with surveys. With panoramic Bayfront views, large acreage and a private marina, you have the ability to create an exclusive multi-family waterfront development. Additional uses would include a single-family home development, a grand estate property with its own marina and large acreage. Another option would be to reside on one lot and build income producing properties on the other, along with boat-slip rentals. There are 12 buildings on the property with 14 units. Some of the units need work including roofs but are repairable. They are all concrete block except one building. The serene view overlooking Casey Key provides an old Florida feel. This property is ideally located with only 5 minutes to beautiful Nokomis Beach and Jetty, 10 minutes to quaint downtown Venice Island and beach, about 30 minutes from Downtown Sarasota with all of its cultural offerings, restaurants, nightlife, entertainment as well as easy access to the highway within 5 minutes. Take this one-of-a-kind property and transform it into your own Bayfront gem!

Property Overview

Property TypeLand
MLS #A4643371
StatusActive
CountySarasota
OwnershipFee Simple

Interior Features

Exterior & Lot

Lot Size3.87 acres (168,709 sq ft)
Road SurfaceAsphalt, Gravel, Paved
ViewTrees/Woods, Water
0

Waterfront

WaterfrontYes
FeaturesBay/Harbor, Intracoastal Waterway

Utilities

WaterPublic
SewerSeptic Tank
UtilitiesBB/HS Internet Available, Cable Available, Electricity Available, Sewer Available, Water Connected

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$18,050,000
Annual Taxes$90,872 (2024)
ZoningRMF2
Parcel #0166150006

Directions

Heading from U.S 41 north take Bayshore Rd. from Laurel Rd.

Location

1645 & 1649 BAYSHORE ROAD, NOKOMIS, FL 34275

Listing Information

OfficeKELLER WILLIAMS ON THE WATER S
ListedMarch 6, 2025

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How to Buy This Home

Multiple financing options available for this $18,050,000 home in NOKOMIS.

🏛️

FHA Loan

$631,750 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$902,500 Down

Traditional financing. As low as 3-5% down with good credit.

🌾

USDA Loan

$0 Down

Zero down for eligible rural areas. Income limits apply.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Sarasota County SHIP

Varies

Income-qualifying Sarasota residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information 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. Data last updated: April 21, 2026.

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