Manasota Key Island Property, Englewood, FL 34223

$800,000

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List Price
$800,000
Status
Active
Days on Market
501
Price Change
▼ $300,000 1780247368
MLS#
C7506730
Lot Size
2,080,425
Acres
47.76
Total Acreage
20 to less than 50
Community Name
Lemon Bay Estates
MLS Area Major
Englewood

Property Description

One-of-a-kind buildable Lemon Bay island estate site, county-confirmed residential eligibility, dock and submerged-land zoning, 43-foot allowable build height includes 5 feet of resilient freeboard below the first floor, and substantial Lemon Bay / Intracoastal Waterway frontage within a very private island setting. Accessible by boat, helping preserve the island’s private, natural character.  The property was previously approved by a 10-member committee for State acquisition after formal environmental review, confirming its rarity and conservation-quality character. After a State budget shift away from this type of coastal conservation acquisition, the seller is now focused on a private-market sale. The owner has made a major private-market price reset and may consider seller financing, structured terms, or a reasonable due-diligence period for a qualified buyer. Create a legacy island estate in a setting that cannot be duplicated.  Enjoy as a private island estate with optional vacation-rental use when not in personal use.

Additional Information

Taxes
$7
Location
Other
Community Features
No Deed Restriction
Zoning
MES
Utilities
Electrical Nearby
Pool
No Pool
Water Name
Lemon Bay
Water View
Bay/Harbor - Full, Intracoastal Waterway
Water Access
Bay/Harbor
Water Frontage
Bay/Harbor
Flood Zone Code
AE
Parcel ID
411901451002
Legal Description
ZZZ 014119 P20 ZZZ 014119 P20 THAT PT OF AN ISLAND IN LEMON BAY E OF MANASOTA KEY IN THE S1/2 OF SEC 1 CONT INTO N1/2 OF SEC12 LYING S OF E/LY EXTN OF N LN OF S 1555.35FT INCLUSIVE OF RIPARIAN RIGHTS AKA P20 37.66 AC M/L AND TWO PARCELS OF SUBMERGED LAND IN G

Listing courtesy of SUNQUEST REAL ESTATE LLC. 941-525-3758

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