1605 Palmetto LaneSarasota, FL 34236Sale Price: $3,500,000

  • Sale Price: $3,500,000
  • 846 Days Since Sale
$
$
%
$/month over payments
Federal 30-year interest rate: 6.51% last updated on May 21, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $3,500,000Sale Price
  • 3Bedrooms
  • 3Full Bath
  • 1Half Baths
  • 3,306Square Feet

Listing Tools

Situated on nearly an acre of prime waterfront land, this property offers sweeping breathtaking vistas of Sarasota Bay and the City skyline. Just minutes away from downtown Sarasota, the approach to this estate is graced by a lush canopy of trees and tropical foliage. While the current residence is suitable for immediate occupancy, it also presents an incredible opportunity for those contemplating the construction of a new home. The layout of the existing home includes a living room, family room/library, kitchen, and formal dining room on the main level. A screened lanai overlooks the saltwater pool. Upstairs, you'll find three bedrooms and 3 ½ baths, complemented by a generously sized enclosed lanai located just off the oversized Primary suite, that provides unparalleled views. Other notable features include a grand two story entryway, ample storage space, floor-to-ceiling built-in bookshelves, an abundance of windows and sliding doors that flood the interior with natural light. For those with nautical aspirations, we are pleased to inform you that the owner consulted with a dock company and has been advised that a dock can be added to this property. The process requires the new homeowner to obtain all necessary permits for construction and enlist a licensed contractor to oversee the project. Welcome to a hidden slice of paradise, only a stone's throw to all of the hot spots in downtown Sarasota.

Property Details of 1605 Palmetto Lane

Property Details

Never Miss New Listings

Never miss new listings between $3,150,000 - $3,850,000 in this neighborhood
Successfully Subscribed!
Do not fill in this field:

I agree to receive marketing and customer service calls and text messages from ONE Sotheby's International Realty. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

We will never spam you or sell your details. You can unsubscribe whenever you like.

Mortgage Calculator


$
$
%
Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 6.51% last updated on May 21, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by Kim Ogilvie of MICHAEL SAUNDERS & COMPANY (941-951-6660)

Listing Sold by KW COASTAL LIVING II

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 27, 2026 7:33 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from ONE Sotheby's International Realty. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.