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About this home
463 Acacia Dr is a home in Sapphire Shores, Sarasota. Flood zone X500 - outside the FEMA high-risk areas, which keeps insurance manageable.
Build something extraordinary in Sapphire Shores, one of Sarasota's most coveted bayfront neighborhoods, where canopied streets, custom architecture and the open water of Sarasota Bay set an unmistakable tone. This 10,230 square foot homesite is offered as a true blank canvas. The original residence has been removed and the lot cleared and prepped for redevelopment, so you begin with a clean, buildable parcel rather than a demolition project. Better still, municipality-approved building plans are already in place and available to the next owner, a rare head start that can save months of design, review and permitting time, or simply serve as inspiration for a vision entirely your own. Zoned RSF-2 for single-family use with public sewer and electric available at the site, and situated outside a designated flood zone, an increasingly rare combination this close to the water. Just down the street, Sun Circle Park opens to Sarasota Bay, a favorite spot for sunset views and morning walks along the shoreline. The Ringling Museum, the Sarasota Art Museum and New College are minutes away, with downtown Sarasota, St. Armands Circle and the beaches of Lido Key a short drive south. Whether you are planning a legacy residence or a refined spec build, few opportunities in this corridor pair this caliber of location with approved plans and a site that is ready to go. Buyer and buyer's agent to verify zoning, setbacks, buildable envelope, utility connections and permitting with the City of Sarasota.
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The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$680,000
Time on market
49 days
Monthly payment
About $4,494/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $7,300 annual tax bill, insurance.
Flood zone
Zone X500
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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