This unique opportunity is in the heart of Indian Beach - Sapphire Shores, on a quite dead end street, just a couple of blocks from Sarasota Bay access and close to SRQ airport, the Ringling Museum, New College and just a few minutes from downtown Sarasota. The surrounding area is a mix of charming mid-century homes and new builds in the $ million range. The 16,020 sq. ft. lot has the potential for a large new home with a pool and guest house or there's even the possibility of dividing the lot and building two new homes. Either way, this location can't be beat and the neighborhood is one of the most sought after in Sarasota. **The existing home is admittedly a tear down, not a fixer - the value here is in the location and lot size. If you intend to split the lot into two, please consult the City of Sarasota for your due diligence before submitting an offer. Seller will pay for title/closing with Cloud Title.