Skip to main contentSkip to navigation
1 / 16
Images
Map
Street

Residential Land for Sale in Sarasota, Florida

5510 Merrimac Dr, Sarasota, FL 34231

$897,000
0.61 acres
Active
$48k drop
Est $6,648/mo

Exceptional Waterfront Lot in Prime Sarasota Location with designed home ready for you to build. Discover over a quarter acre of prime waterfront at the end of a prestigious cul-de-sac in an established boating community. This 13,500 SF lot boasts an impressive 300 feet of waterfront, offering breathtaking sunrise and sunset views with refreshing cross breezes from the water on both sides of the home.

Located just minutes from the heart of Sarasota, this rare homesite provides easy access to the Gulf beaches, a quick 10-minute boat ride to the Intracoastal Waterway, and close proximity to dozens of waterfront dining options. Top-rated schools, including Pine View, Riverview, and Philippi Shores, are nearby, along with upscale shopping, fine dining, and vibrant cultural attractions. Enjoy the convenience of a short walk to Phillippi Estate Park or a 10-minute bike ride to the beach. This is a unique opportunity to build your dream waterfront retreat in one of Sarasota's most desirable locations!

ABOUT THE PROPOSED HOME FOR THE SITE:

Luxury Waterfront Estate - New Construction

This exceptional waterfront estate offers up to 6,000 SF of luxury living with over 300 linear feet of waterfront. Enjoy breathtaking sunrise and sunset views from your private balcony and panoramic water views from every room.

Designed for the most discerning buyer, this home features state-of-the-art luxury appliances and finishes, solid concrete construction, and hurricane-resistant design with all impact windows and doors. Smart home automation includes automated lighting and climate control for modern convenience.

The resort-style waterfront pool and spa create the ultimate outdoor oasis, while the rooftop sky deck offers a stunning vantage point for entertaining. A separate 700 SF guest house provides privacy for visitors, and the three enclosed garage spaces ensure ample storage for vehicles and watercraft.

Experience the pinnacle of waterfront luxury in one of Sarasota's most sought-after locations!

Location

Street address
5510 Merrimac Dr
Community
Phillippi Gardens 08
Elevation
10 feet
Coordinates
27.2734, -82.5246

Directions

Rte. 41/Tamiami Trail to Constitution Blvd. East on Constitution. Left on Merrimac to address.

Property details

Lot size
0.61 acres26,572 sq ft
Zoning
RSF2
MLS #
MFRMLS A4642711
Posted

Property taxes

2024
$6,306

Parcels

  • 0086060021

Legal description

Resources

Details and features

Listing

Type
Land

Exterior

Features
Paved

Nearby schools

NameLevelDistrictDescription
Phillippi Shores ElementaryElementary
Brookside MiddleMiddle
Riverview HighHigh

Listing history

DateEventPriceChangeSource
Nov 11, 2025Price drop$897,000$48,000 -5.1%MFRMLS
July 5, 2025Price drop$945,000$155,000 -14.1%MFRMLS
Apr 29, 2025Price drop$1,100,000$100,000 -8.3%MFRMLS
Mar 1, 2025New listing$1,200,000MFRMLS
Subscribe to listing updates

Payment calculator

This 0.61-acre property is located at 5510 Merrimac Dr in Sarasota, FL 34231. The property is available for sale for $897,000.

Checked 45 mins ago — Updated

Report listing issue

Copyright (C) 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Message rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact