1621 Memory Lane, FL

$1,480,000

1621 Memory Lane

Sarasota, FL 34231

Active
0
Baths
0.47
Acres
WaterfrontWater access$72/sqft
🏠Land

Property type

📐20,485 sqft

Lot size

📊$72

Price / sq ft

🏘️No HOA

HOA dues

📅129

Days on market

🌊AE

Flood zone

About this home

1621 Memory Lane presents a rare opportunity to build a custom bayfront estate on Little Sarasota Bay in the Bayview Acres neighborhood, one of Sarasota’s most strategically positioned mainland waterfront communities. Situated on a quiet no-through street south of Stickney Point Road and west of Tamiami Trail, this expansive .47-acre parcel offers approximately 100 feet of direct frontage on the bay and the scale to design a significant coastal residence with generous outdoor living areas, pool, and the ability to construct a private pier, subject to permitting. The property is offered as a vacant lot for $1,480,000 or as a to-be-built custom residence by The Vision Group priced at $3,980,000, providing flexibility for buyers to bring their own builder or move forward with a fully designed plan. The setting delivers privacy and calm while remaining just minutes from the south bridge to Siesta Key and equally convenient to downtown Sarasota’s dining, arts, and cultural amenities. Continued investment along the U.S. 41 and Siesta Drive corridor, including Benderson’s planned retail and mixed-use development, further strengthens the long-term appeal of this location. The property is especially well suited for buyers transitioning off the barrier islands who want mainland accessibility without sacrificing water views, as well as inland residents ready to elevate to a true bayfront setting without HOA constraints. With limited remaining buildable bayfront parcels of this size and frontage—and new construction next door on a comparable lot estimated at $6 million in value—the economics present a compelling opportunity to build at a meaningful discount to neighboring new construction.

Estimated monthly payment

Principal & interest$7,484
Property taxes$1,372
Home insurance (est.)$678

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 history129 days on market

  1. Status: Active
    Apr 17, 2026
  2. Listed$1,680,000
    Jan 6, 2026
  3. Price reduced$1,480,000

Facts & features

Property type
Land
Status
Active
Days on market
129
Subdivision
Not Part Of A Subdivision
County
Sarasota
Price/sq ft
$72
Lot size
20,485 sq ft
Lot category
1/4 to less than 1/2
Flood zone
AE (12115C0144G)
Annual taxes
$16,466 (2025)
Parcel #
0109040021
Zoning
RSF2
MLS #
A4677058

Interior Details

Direction faces
East

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Ownership
Fee Simple

Exterior & Construction

Waterfront
Yes
Water access
Yes
Water view
Yes
Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Cable Available, Electricity Available

Schools

ElementaryGulf Gate ElementaryGreatSchools ↗
MiddleBrookside MiddleGreatSchools ↗
High SchoolRiverview HighGreatSchools ↗

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
2025-12-30
On market date
2026-01-06
Original list price
$1,680,000
MLS area
34231 - Sarasota/Gulf Gate Branch
Listing AOR
Sarasota - Manatee
Status changed
2026-04-17
Tax legal description
COM SW COR OLD 66 FT R/W STICKNEY POINT RD & OLD 66 FT R/W TAMIAMI TR TH S 51-05 W ALG STICKNEY POINT RD 2409.5 FT TO SW R/W AVE D TH S 60-49 E ALG R/W 412 FT TH S 29-11 W 400 FT FOR POB TH S

Flood risk

High riskFEMA Zone AEPanel 12115C0144G

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

From Stickney Point Road west, left on Avenue D and right onto Memory Lane.

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MLS GRID

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 May 21, 2026 at 8:48 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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA