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$399,000

500 CANAL WAY, NOKOMIS, FL 34275

Active317 days on market

Beds

Baths

0

Sq Ft

Year Built

Lot Size

0.38 acres

Garage

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About This Property

If you're ready to build your dream home, this waterfront lot with approximately 200 feet of canal frontage is an incredible opportunity. It's an ideal location to bring your vision to life with the builder of your choice! In the heart of Nokomis, this prime lot is just minutes from stunning beaches and a wide range of dining options, offering the ideal blend of sun, sand and great food.

Property Overview

Property TypeLand
MLS #N6137487
StatusActive
SubdivisionNOKOMIS ACRES AMD
CountySarasota
OwnershipFee Simple

Interior Features

Exterior & Lot

Lot Size0.38 acres (16,673 sq ft)
Lot Dimensions65 x 126 x 206
Lot FeaturesBuildable, Cleared, Cul-De-Sac, In County
Road SurfaceAsphalt
ViewWater
0

Waterfront

WaterfrontYes
FeaturesCanal - Saltwater, Creek

Utilities

WaterWell
SewerSeptic Tank
UtilitiesCable Available, Electricity Available

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$399,000
Original Price$480,000
Annual Taxes$4,962 (2024)
FinancingCash
ZoningRSF1
Parcel #0405040005

Schools

ElementaryLaurel Nokomis Elementary
MiddleLaurel Nokomis Middle
HighVenice Senior High

Directions

East on Colonia Lane. Left on Buena Vista. Left on Canal. Vacant lot is up on left.

Location

500 CANAL WAY, NOKOMIS, FL 34275

Listing Information

OfficePREMIER SOTHEBYS INTL REALTY
ListedFebruary 28, 2025

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How to Buy This Home

Multiple financing options available for this $399,000 home in NOKOMIS.

🏛️

FHA Loan

$13,965 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

$19,950 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: January 26, 2026.

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