Manasota Key Island Property, Englewood, FL 34223

$800,000

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List Price
$800,000
Status
ACTIVE
MLS#
C7506730
Price Change
▼ $300,000 1780247368
Subdivision
Lemon Bay Estates

Property Description

One-of-a-kind buildable Lemon Bay island estate site, county-confirmed residential eligibility, dock and submerged-land zoning, 43-foot allowable build height includes 5 feet of resilient freeboard below the first floor, and substantial Lemon Bay / Intracoastal Waterway frontage within a very private island setting. Accessible by boat, helping preserve the island’s private, natural character.  The property was previously approved by a 10-member committee for State acquisition after formal environmental review, confirming its rarity and conservation-quality character. After a State budget shift away from this type of coastal conservation acquisition, the seller is now focused on a private-market sale. The owner has made a major private-market price reset and may consider seller financing, structured terms, or a reasonable due-diligence period for a qualified buyer. Create a legacy island estate in a setting that cannot be duplicated.  Enjoy as a private island estate with optional vacation-rental use when not in personal use.

Additional Information

Acres
47.76
Waterfront
Yes
Waterfront Description
Bay/Harbor
Water
Boatable Water, Bay View, Bay Front
Sewer
Septic Needed

Listing courtesy of SUNQUEST REAL ESTATE LLC.

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