
$5,500,000
603 Indian Beach Lane
Sarasota, FL 34234
Listing updated: April 30, 2026 at 11:51 AM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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!
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history358 days on market
- Status: ActiveMay 7, 2025
- Listed$5,500,000May 7, 2025
- Price increased$5,500,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 358
- Subdivision
- Indian Beach Court Rev 03
- County
- Sarasota
- Price/sq ft
- $142
- Lot size
- 38,690 sq ft
- Lot category
- 1/2 to less than 1
- Flood zone
- AE (12115C0131G)
- Annual taxes
- $55,854 (2024)
- Parcel #
- 2005030023
- Zoning
- RSFE
- MLS #
- A4651341
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Interior Details
- Direction faces
- East
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash
- Ownership
- Fee Simple
Exterior & Construction
- Waterfront
- Yes
- Water access
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Public, Sewer Connected, Underground Utilities, Water Connected
Community
- Pets allowed
- Yes
Listing Details
- Listing date
- 2025-04-23
- On market date
- 2025-05-07
- Original list price
- $5,500,000
- MLS area
- 34234 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2025-05-07
- Tax legal description
- NLY 44 50 FT OF LOT 19 ALL VAC ST LYING BETWEEN LOTS 19 & 20 ALL OF LOT 20 & S 47.3 FT OF LOT 21 SUBJECT TO ESMT INDIAN BEACH COURT 3RD REVISED PLAT OF
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
North on US 41. Turn left onto Indian Beach Dr. Follow through as it turns into Bay Shore Rd. Turn left onto Indian Beach Ln. Lot is straight ahead at the end of the street.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of April 30, 2026 at 11:51 AM ET. 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.
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