$920,000
307 Dona Drive
Nokomis, FL 34275
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Rare opportunity to build a private coastal estate on this exceptional 0.96-acre dual-waterfront homesite in Nokomis, offering expansive frontage on both Dona Bay and Marypeg Channel. With approximately 380 feet of combined waterfront, this oversized parcel provides outstanding scale, privacy, and flexibility for a custom residence, guest accommodations, pool and resort-style outdoor living. A unique highlight is the existing grandfathered boat slip structure on the Dona Bay side. While currently in basic condition, the structure may give potential for a covered boat slip configuration, subject to buyer verification of all regulations and requirements—an increasingly rare advantage for waterfront properties. Ideal for boating enthusiasts, the property gives direct water access and the opportunity to create a true waterfront lifestyle. Its size and configuration allow for a thoughtfully designed homesite that maximizes views, outdoor space, and privacy. Conveniently located just minutes from Gulf beaches, dining, and amenities, this property combines seclusion with accessibility in one of the area’s most desirable coastal locations. Nearly one acre with dual waterfront exposure and an existing boat slip structure is a rare offering. Buyers are encouraged to verify all details and possibilities. This is a unique opportunity to secure a premium waterfront homesite with long-term upside. $990,000
Local Insight
This AE flood zone waterfront parcel at $24/sqft is aggressively priced for direct water access in Nokomis, but you'll need to factor in mandatory flood insurance and likely elevation requirements if you build—those costs can easily add $50K-$100K+ to your project. The 0.96-acre lot is workable but tight for waterfront development, so check setback requirements and whether the county will approve your intended use before committing. Without comparable recent sales of raw waterfront land in Nokomis Acres, it's hard to judge if this is a genuine opportunity or if the flood zone risk is already baked into a price that looks cheap on paper.
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 history38 days on market
- Status: ActiveApr 27, 2026
- Listed$990,000Apr 27, 2026
- Price reduced$920,000
Virtual Tour
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 38
- Subdivision
- Nokomis Acres
- County
- Sarasota
- Price/sq ft
- $24
- Lot size
- 38,722 sq ft
- Lot category
- 1/2 to less than 1
- Flood zone
- AE (12115C0327G)
- Annual taxes
- $6,324 (2025)
- Parcel #
- 0405040021
- Zoning
- RSF1
- MLS #
- TB8495005
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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, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
Exterior & Construction
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Septic Needed
- Water source
- Public
- Utilities
- Water Available
Listing Details
- Listing date
- 2026-04-20
- On market date
- 2026-04-27
- Original list price
- $990,000
- MLS area
- 34275 - Nokomis/North Venice
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-04-27
- Tax legal description
- LOT 25 NOKOMIS ACRES ORI 2003115908 - 5912
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
South on Tamiami Trail towards Nokomis. Left on Colonia Drive. In 1/4 mile left on Dona Drive. Property is near end on Dona Drive on the left. Signs will be visible.
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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 June 4, 2026 at 1:32 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.
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