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Gulf-Front Development Land with Quadplex
For Sale
$16,100,000

113 & 125 Big Pass Lane SARASOTA, Sarasota, FL 34242

Two Gulf-front lots on a private gated lane include a four-unit home with separate entrances.

Property SizeContact for details
Lot Size1.40 Acres
Days on Market59

Property Features for 113 & 125 Big Pass Lane SARASOTA

General Information

Standard status Active
Lot size 1.40 Acres
Property subtype Land
Zoning RE2

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $62,723

Amenities

Trees/Landscaped
Public
1.3404
371.68 x 218
1.34
2
true
Asphalt,Gravel,Paved
Listed By: John Rawlings · License #3323473
Source: Palm-realty-south-venice-fl.remax
Added: Jul 9 Changed: Sep 4 Last Checked: Jul 15 at 1:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of John Rawlings

Investment Insights

Based on property information with market context.

This offering presents two Gulf-front building lots side by side, identified by Parcel ID numbers 0080010021 and 0080010023. Combined, the lots provide close to 1.4 acres with approximately 215 feet of seawall, creating a single waterfront canvas for a large estate design or two separate estate builds. The listing also includes an existing home with 4 separate living units, each with its own entrance.

Located on a private gated lane at the point where Sarasota’s Big Pass meets the Gulf of Mexico, the property is positioned for waterfront living with prominent Gulf-facing views. The remarks note the heart of Siesta Key Village is a short walk away, while Siesta Key Beach is described as nearby. A quick drive over the North Bridge connects to downtown Sarasota and Sarasota Airport.

For buyers looking for a combined waterfront assemblage with an on-site multi-unit residence, this configuration offers flexible options for redevelopment while maintaining current income-bearing space.

Key Highlights

  • Two Gulf‑front building lots side by side on a private gated lane (Parcel ID 0080010021 and 0080010023).
  • Combine both lots for a total close to 1.4 acres with approximately 215 feet of seawall.
  • Includes a home with 4 separate living units, each with its own entrance.

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Building Supply Auto Repair Shop HVAC Service Kitchen & Bath Showroom Hair Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

730
Businesses Nearby

Demographics for 34242, FL

7,417
Population
10,418
Households
0.7
Avg Household Size
65
Median Age
66%
College-Educated
97%
High-School Grad
3.6 sq mi
ZIP Area
2,060
Density / Sq Mi
$122,143
Median Household Income
$75,313
Median Earnings
$2,408
Median Rent
$995,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Two Gulf-front lots on a private gated lane include a four-unit home with separate entrances.
Where is this waterfront land located?
The property is located at 113 & 125 Big Pass Lane SARASOTA Sarasota, FL.
What is the asking price?
The asking price for this property is $16,100,000.
What are key features of this property?
This property features: Two Gulf‑front building lots side by side on a private gated lane (Parcel ID 0080010021 and 0080010023).; Combine both lots for a total close to 1.4 acres with approximately 215 feet of seawall.; Includes a home with 4 separate living units, each with its own entrance.
More about this property
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