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1221 S Basin Ln, Sarasota, FL, 34242

$2,350,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
2,900 SqFt
$810/SqFt
House

Location

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1221 S Basin Ln, Sarasota$2,350,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1962
HeatingElectric
CoolingZoned
WaterfrontBay
ViewWater
Private PoolYes
MLS #A4632327
Lot Size0.49 Acres
StatusActive

About 1221 S Basin Ln

Waterfront Opportunity. Discover the unparalleled charm of Siesta Key with this exceptional waterfront property. Perfectly positioned just three lots from Sarasota Bay on sailboat water, with no bridges to the bay, this property presents a rare opportunity to either renovate the existing structure or build your dream luxury home in one of Florida’s most coveted coastal communities. For boating enthusiasts, the property provides direct sailboat access to Sarasota Bay, the Intracoastal Waterway, and the Gulf of Mexico via the recently reopened Midnight Pass. Please note that the existing structure on the property was storm-damaged, has been remediated, and is ready for renovation. The property is being sold for land value, offering a unique opportunity to create your custom waterfront estate on the private, nearly one-half-acre property. Located outside the gates, yet part of the Sanderling Club, residents enjoy a serene lifestyle with access to social events and a private community beach where, each evening, the Gulf of Mexico paints the sky with breathtaking sunsets, creating a picture-perfect backdrop for relaxation. This property is more than just a piece of land—it’s an invitation to embrace the beauty, luxury, and convenience of coastal living. Conveniently close to Siesta Key’s world-renowned crystal quartz sands, Turtle Beach, and the vibrant dining and shopping scene of Siesta Village and the South Village. Just a short drive away, downtown Sarasota offers a wealth of cultural attractions, including theaters, ballet, opera, museums, and art galleries.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1962
  • Stories: 1
  • Living Area: 2,900 SqFt

Listing Office:

  • Office Name: PREMIER SOTHEBYS INTL REALTY
  • Office Phone: (941) 364-4000
  • Listing Agent: Judie Berger

Interior Features

Interior Information:

  • Appliances: None
  • Flooring Type: Concrete
  • Interior: Open Floorplan

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Bay
  • View: Water
  • Exterior: Sliding Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Cul-De-Sac
  • Lot Size: 0.49 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Zoned

Other

Directions Information:

  • Directions: US 41 South; to Stickney Point Road; left onto Midnight Pass Rd; left onto S. Basin Lane.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,350,000
  • Price Per SqFt: $810/SqFt

HOA Fees:

  • Amount: $5400
  • Frequency: Annually

Tax Information:

  • Annual Amount: $10,025
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

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Sarasota, FL

City

Med. Sold Price

$515.5K

Med. Price/SqFt

$302

Avg. Days On Market

76

# of Sold Homes

297

1221 S Basin Ln vs Sarasota

1 DAY ON ROCKET

-75 Days

$2,350,000

+$1.8M More

$810/SqFt

+$507 More

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price and $507/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4632327

Listing Office:

  • Office Name: PREMIER SOTHEBYS INTL REALTY
  • Office Phone: (941) 364-4000
  • Listing Agent: Judie Berger

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 7:19:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 27, 1998Home Sold
$467,000

Tax History

YEARPROP. TAXASSESSMENT
2020$10,025$787,716
2019$9,733$770,006
2018$9,551$755,649
2017$9,514$740,107

History based on county public records data.

Payment Calculator

$12.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,112

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1052593
6
/10

  • Gulf Gate Elementary School

  • 6500 S Lockwood Ridge Rd

  • 1.65 miles

  • Public District Grades PK-5

school-card-donut-1052594
8
/10

  • Phillippi Shores Elementary School

  • 4747 S Tamiami Trl

  • 2.79 miles

  • Public Magnet Grades PK-5

school-card-donut-1052595
5
/10

  • Wilkinson Elementary School

  • 3400 Wilkinson Rd

  • 3.54 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,826. Typical income of Sarasota, FL residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1221 S Basin Ln

What is the listing price of this property?

The listing price of 1221 S Basin Ln property is $2,350,000.

What type of property is this?

The property 1221 S Basin Ln is a house located in Sarasota, Florida, 34242.

Is this property for sale now?

Active Listing: 1221 S Basin Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $10,025 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 27, 1998 for $467,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1221 S Basin Ln has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 1221 S Basin Ln is 2,900 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1221 S Basin Ln is 1962.

Rocket Homes›Florida›Sarasota County›Sarasota›34242›1221 S Basin Ln

This home is located at 1221 S Basin Ln in Sarasota, FL and zip code 34242 in the Siesta Key neighborhood. This 2,900 square foot home, which was built in 1962, sits on a 0.49 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 22, 2024 and is currently priced at $2,350,000.

Sarasota, FL housing market in November 2024 saw over 12 listings sold above listed price, more than 48 sold at listed price and over 237 sold below. The inventory of homes for sale in Sarasota, FL between October 2024 and November 2024 increased by 9.7%. In November 2024 median list price was $515,531 and the average listing age was 76 days.

From Rocket Homes Real Estate and based on county public records data.

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