$749,900

$435/sq ft

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Overview

Bedroom

2

Bath

2

Year Built

1959

Sqft

1725

Property Type

Single Family Residence

Property Description

Under contract-accepting backup offers. RARE SIESTA KEY INVESTMENT OPPORTUNITY — just one street back from the water and a 2-minute walk to the beach. This single-family 2BR/2BA rehab property sits on an OVERSIZED .28 ACRE LOT spanning over two different lots on a private dead-end street with only three homes, surrounded by dense, mature vegetation—an exceptionally rare combination of privacy, size, and location. The home has been fully gutted and is being sold AS-IS, creating a true blank slate for investors, builders, or end users seeking to add value. Hurricane damage has been remediated, and the property is ready for redevelopment or renovation. Existing structure offers an open-concept layout with two expansive common areas, ideal for reconfiguration or high-end finishes. Terrazzo floors throughout most rooms may be restored to their original shine, preserving classic Florida character. Outdoor features include a pergola-covered back porch, ample yard space, and a private irrigation well, while still serviced by city water. Opportunities like this—walkable to the beach, oversized lot, ultra-low traffic street, and significant upside—are increasingly rare on Siesta Key. Ideal for flip, rebuild, or long-term hold in one of Florida’s most desirable coastal markets.

Property Details

MLS#

A4681174

Total Floor in Bldg

1

Address

129 PIERSON

City

Sarasota

State/county

FL

Zip/Postal Code

34242

Area

Siesta Rev Of

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$11,331

Maint Fee

$--

Tax Year

2025

None

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Boris Gelfand