1621 MEMORY LANE Sarasota, FL $ 1,480,000
1621 MEMORY LANE
$ 1,480,000
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1621 MEMORY LANE

Sarasota, FL, 34231
$ 1,480,000
Baths0.0

Monthly Estimate*

$ 9,113

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Studio

Lots and Land for sale in Sarasota, FL

for $1,480,000. The lot size is 0.47.

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.

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Lots and Land Active

Price

$ 1,480,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 16,465

Style

Lot Size

0.47

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4677058

Features
General
Sewer Public Sewer
Utilities Cable Available Electricity Available
Zoning RSF2
Tax Year 2025
Current Use Residential
Ownership Fee Simple
Waterfront Features Bay/Harbor Intracoastal Waterway
County Sarasota
Property Type Land
Subdivision Name NOT PART OF A SUBDIVISION
Facing Direction East
Status Active
Directions From Stickney Point Road west left on Avenue D and right onto Memory Lane.
High School Riverview High
City SARASOTA
Body of Water LITTLE SARASOTA BAY
MLS Area 34231 - Sarasota/Gulf Gate Branch
Lot Size Units Square Feet
Lot Size Square Feet 20485
Elementary School Gulf Gate Elementary
Tax Annual Amount 16465.79
Middle/Junior High School Brookside Middle
Additional Parcels Y/N false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 0
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
Water View Bay/Harbor - Full Intracoastal Waterway
Water Access Type Bay/Harbor Gulf/Ocean Intracoastal Waterway
Water Access Y/N true
Water View Y/N true
Flood Zone Code AE
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Interior
Total Baths 0
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Exterior
Lot Features Oversized Lot Street Dead-End
Water Source Public
Lot Size Area 20485
Lot Dimensions 0
Lot Size Acres 0.47
Road Surface Type Paved
Waterfront Y/N true
Road Frontage Type Street Dead-End
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* Excluded Features
List By
Michael Saunders & Company

Broker

danieltreiman@michaelsaunders.com

Email

Affordability Calculator

$10,485
Per Month
87%
13%
0%
Monthly Principal & Interest
$9,113
Monthly Property Taxes
$1,372
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Riverview High High School High School
Pricing History
DatePricePrice ChangeDescription
3/5/2026$1,480,000 -11.90% Price Down
2/10/2026$1,680,000 Listed Price

Map


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1621 MEMORY LANE, Sarasota, FL, 34231 is a Lots and Land for sale at $1,480,000 with a lot size of 0.47. 1621 MEMORY LANE is a studio with 0.0 baths. The property's zip code is 34231 which is in Sarasota, FL