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$260,000

Colonial Bay Drive

Nokomis, FL 34275

Listing updated: September 29, 2025 at 9:50 AM ET

Active

Listing courtesy of Jack Keller Inc · John Keller, III · MLS #TB8431404 · Active · 727-586-1497

Baths

0.35

Acres

◆Water view◆$17/sqft

Land

Property type

15,210 sqft

Lot size

$17

Price / sq ft

No HOA

HOA dues

Days on market

Flood zone

About this home

WATERFRONT LOT ON CANAL W/ACCESS TO INLAND WATERWAY AND GULF. LAST AVAILABLE LOT IN ESTABLISHED PRIVATE COMMUNITY. MUNICIPAL WATER ACCESS ON PROPERTY. APPRAISAL AND SURVEY AVAILABLE.

Local Insight

The AE flood zone designation is a serious consideration here—this is an active flood hazard area requiring flood insurance, which will significantly impact your carrying costs and future construction financing, so factor that into your true cost of ownership. At $17 per square foot on a 0.35-acre lot with water views in Nokomis, you're getting land in a desirable waterfront area, but you'll want to verify what you can actually build given the flood zone restrictions and elevation requirements before committing. The lack of HOA is a plus for flexibility, but double-check setback requirements and whether this lot's size and shape will support your intended use, since waterfront properties in flood zones often have tighter building envelopes than inland parcels.

AI-generated insight based on listing data and neighborhood context. Verify independently.

Estimated monthly payment

Principal & interest$1,315

Property taxes$218

Home insurance (est.)$119

Down payment

20%

$52,000 downRate

6.5%

Term

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 history4 days on market

Status: Active
Sep 25, 2025
Listed$260,000
Sep 25, 2025
Price increased$260,000

Facts & features

Property type: Land
Status: Active
Days on market: 4
Subdivision: Colonial Bay Acres
County: Sarasota
Price/sq ft: $17
Lot size: 15,210 sq ft
Lot category: 1/4 to less than 1/2
Flood zone: AE (12115C0331G)
Annual taxes: $2,620 (2024)
Parcel #: 0405090019
Zoning: RSF2
MLS #: TB8431404

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HOA & Financial

Total monthly fees: $0/mo
Total annual fees: $0
Ownership: Fee Simple

Exterior & Construction

Water view: Yes
Road surface: Other

Utilities

Sewer: Septic Needed
Water source: Public
Utilities: Cable Available, Electricity Available, Phone Available, Public, Utility Pole, Water Available

Listing Details

Listing date: 2025-09-25
On market date: 2025-09-25
Original list price: $260,000
MLS area: 34275 - Nokomis/North Venice
Listing AOR: Suncoast Tampa
Status changed: 2025-09-25
Tax legal description: LOT 3, COLONIAL BAY ACRES, SUBJ TO 3088 C-SF UTILITY ESMT TO SARSOTA COUNTY AS DESC IN ORI 2007083789, CONTAINING 15210 C-SF UPLANDS M/L & 6710 C-SF OF SUBMERGED M/L

Flood risk

High riskFEMA Zone AEPanel 12115C0331G

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

In Nokomis, from Tamiami Trail or Albee Farm Rd., turn onto Colonia Ln., then turn onto Colonial Bay Dr.- Property is located on right between 603 & 607 Colonial Bay Dr.

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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 September 29, 2025 at 9:50 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.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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