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603 INDIAN BEACH LANE

Lots/Land For Sale
$5,500,000

BTC: 89.57654723

ETH: 3,150.05727377

395 days
Waterfront
0 room(s)

Overview

189 feet of rare boatable water frontage. Already cleared and elevated in preparation for a large contemporary estate, this nearly 1 acre lot offers generous buildable space and valuable privacy for your future vision. This extraordinary waterfront homesite offers some of the longest views to the West across Sarasota Bay and the Intracoastal Waterway. Significant estates, tree-lined streets and waterfront parks define this area. Coastal breezes always surround you; sunsets are, as you might imagine, spectacular. Driving down Indian Beach Lane provides a grand approach and beautiful introduction to this special location. Located in Indian Beach / Sapphire Shores - home to some of the finest historical architecture in all of Sarasota! And today, much like 100 years ago, it is being rediscovered by those with vision, appreciation and means. This coastal neighborhood has been a coveted location since around the time of its “founding” residents like the Ringling family and other prominent early Sarasotans. Water birds and peacocks are regular visitors here. Positioned perfectly between Sarasota-Bradenton International Airport (SRQ) and downtown Sarasota, yet still within short proximity to Longboat Key, St. Armands Circle and Lido Key. This particular location on Sarasota Bay also provides one of the most coveted features of all – boatable water to the site. Whether it’s a luxury yacht or something a bit more modest, access and dockage will be effortless. This homesite sits amongst other significant luxury homes – elegant coastal to the North, Mediterranean to the South with vintage and contemporary to the East. A site study including surveys and analysis is available, as are plans from one of the most renowned builders in the region. Or create your own masterpiece…your canvas awaits!

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.89 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,497,500
$937K – $6.0M
Confidence Low
List vs. estimate
$3.0M above estimate
List $5,500,000 · +120.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$55,854
2024
View
Water
Waterfront
Bay/Harbor
Pets
Allowed
All facts and features
  • Lot

    • Lot: 0.89 Acres

    Other Property Information

    • Parcel Number: 2005030023

    • Zoning: RSFE

  • Type and style

    • Property Type: Land

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Available

    • Phone Available

    • Public

    • Sewer Connected

    • Underground Utilities

    • Water Connected

  • Other financial information

    • Annual tax amount: $55,854

  • Source details

    • MLS ID: A4651341

    Other facts

    • Lot Features: Buildable / Cleared / City Lot / Level / Oversized Lot / Street Dead-End

    • Direction Faces: East

    • Waterfront: Yes

    • Water Body Name: SARASOTA BAY

    • Water Source: Public

    • Lot Size Dimensions: 189 x 283

    • Subdivision Name: INDIAN BEACH COURT REV 03

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: PREMIER SOTHEBYS INTL REALTY