5167 DEWEY PLACE, SARASOTA, FL 34242
$1,695,000
Residential Lots Taxes: $9,302.00 Type: Residential Listed on 02/05/2018 MLS # A4209427

Description of 5167 DEWEY PLACE, SARASOTA, FL 34242

$30,000 Price Improvement! BRING OFFERS! Sarasota County has approved 4 buildable lots on this beautiful 0.80 acre waterfront property on Siesta Key's Grand Canal. There's only one bridge to the bay with a 15-1/2' clearance and it features the Grand Canal's only covered dock which is grandfathered in along with a 12,000 lb boat lift. This extremely versatile property can either be one waterfront lot with its updated Florida style home and room for a pool in the front, plus two buildable lots in the back on Oakmont Place. Or you can demo the house and build 4 new homes, two of which would be waterfront on Dewey Place, and the other two on Oakmont Place. It's also possible to permit an additional dock and have slips for 4 boats so that all 4 lots have water access. Please see the attached survey for more details. Both Dewey and Oakmont are private roads off of Commonwealth, only 1/2 mile from Siesta Key Beach, the #1 beach in the US. Call for an appointment to come see the possibilities on this very unique property.

Directions to 5167 DEWEY PLACE, SARASOTA, FL 34242

Midnight Pass Road to southernmost entrance of Commonwealth drive, 2nd left onto Dewey Place, proceed to end of Dewey Place. Sign posted.

Features of 5167 DEWEY PLACE, SARASOTA, FL 34242

Schools

  • Elementary school: Phillippi Shores Elementary
  • High school: Sarasota High
  • Middle school: Brookside Middle

Lot

  • Frontage: 125
  • Lot acreage is: 0.80
  • Lot dimension is: 125x273.31x120.57x259.77
  • Lot has canal view
  • Lot has water view
  • Lot has western exposure
  • Lot has wood fencing
  • Lot on private road
  • Lot zoned: RSF2
  • Present use: Multi-Family
  • Subdivision: SIESTA BEACH
  • Waterfront lot

Utilities

  • Propane gas

Other

  • Pets allowed
  • Tax year: 2017

Mortgage Payments for 5167 DEWEY PLACE, SARASOTA, FL 34242

The approximate monthly Principal & Interest payment for this property would be $8,541. This payment is based on a 30-year loan at a fixed rate of 4.54 % with a down payment of $169,500. Actual lender interest rates and loan programs may vary.

Use our Mortgage Payment Calculator to determine a more exact payment estimate.