$3,600,000
244 Washington Drive
Sarasota, FL 34236
Listing updated: April 28, 2026 at 5:19 PM ET
Listing courtesy of Corcoran Dwellings Realty · Michael Emery · MLS #A4668323 · Active · 941-200-4663Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Incredible Potential on Saint Armands Key 244 North Washington Drive, Sarasota, FL. Also available as "To be built. Pre-Construction MLS #A4691610" This 8,923 sq ft bayfront lot offers an extraordinary opportunity to create your custom dream home in one of Sarasota’s most coveted locations — Saint Armands Key. Just steps from the iconic Saint Armands Circle, Lido Shores, and City Island, and only a short drive over the Ringling Causeway to vibrant downtown Sarasota, this property perfectly balances island serenity and city sophistication. The generous lot allows ample space for a private pool and hot tub, ideal for coastal living, and provides the flexibility to design a new residence tailored to your vision. A rare bayfront gem, this property delivers unbeatable location, sweeping water views, and limitless potential to craft your perfect island retreat. Don’t miss this opportunity to invest in one of Sarasota’s most desirable waterfront neighborhoods.
Local Insight
This is raw land in an AE flood zone on St. Armands Key, which means you're paying premium waterfront pricing ($3.6M for less than a quarter acre) but will face serious flood insurance costs and elevation requirements for any future build. The location is genuinely desirable—walkable, established neighborhood with water access—but you need to have your engineer and flood specialist review this before committing, since development costs here can easily rival the land price itself.
AI-generated insight based on listing data and neighborhood context. Verify independently.
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 history194 days on market
- Status: ActiveOct 16, 2025
- Listed$4,500,000Oct 16, 2025
- Price reduced$3,600,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 194
- Subdivision
- John Ringling Estates St Armands Div 01
- County
- Sarasota
- Price/sq ft
- $403
- Lot size
- 8,923 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE (12115C0129G)
- Annual taxes
- $38,713 (2024)
- Parcel #
- 2014040027
- Zoning
- RSF1
- MLS #
- A4668323
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Interior Details
- Direction faces
- South
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Ownership
- Fee Simple
Exterior & Construction
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt, Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Available, Phone Available, Sewer Available, Water Available
Community
- Pets allowed
- Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Listing Details
- Listing date
- 2025-10-16
- On market date
- 2025-10-16
- Original list price
- $4,500,000
- MLS area
- 34236 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2025-10-16
- Tax legal description
- LOT 29 BLK 1 ST ARMANDS DIV
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
Drive into St Armands circle from Sarasota, turn right on N Washington Drive. Lot is on the right towards end of street before Blvd of the Presidents.
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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 28, 2026 at 5:19 PM 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.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA