$3,695,000
Active894 Freeling Dr, Sarasota, FL 34242
0.26 acre lot
Listing courtesy of GRECO REAL ESTATE Β· MLS# A4709990
Listed today
Refreshed from the Stellar MLS feed . This listingβs MLS record last changed .
About this home
Zoning confirmation letter in from City of Sarasota. Ready for permitting and your custom dream home. This waterfront gem fronts Roberts Bay, facing Edwards Island, and offers unobstructed 180-degree views of dolphins, various bird species, and manatees. It's a perfect canvas for creating your customized residence. Located on the prized northern tip of Siesta Key, nestled on the Freeling Drive peninsula, this exquisite parcel blends sophistication with coastal living. Bay Island is renowned for its admired homes and architectural beauty, redefining island luxury along one of the areaβs most pristine waterways. The oversized homesite is just under 15,000 square feet and features an impressive 155 feet of brand-new two-foot-elevated seawall, offering stunning panoramas. This location is ideal for boating and fishing enthusiasts, or for simply enjoying breathtaking sunrises and sunsets in unmatched natural beauty. Access on and off the island is easy, with Siesta Key Village's vibrant shops and restaurants, as well as the world-renowned Siesta Key Beach, just minutes away. Downtown Sarasota, with its galleries, theater, and fine dining, is also a short drive. Opportunities like this are rare, making this property a true gem for anyone seeking the ultimate waterfront address where privilege and prestige are embedded in an affluent lifestyle. I highly recommend experiencing the magic of this property for yourself. Choose any architect or builder to make your dreams come true. Owner will consider financing.
Facts
- Property type
- Land
- Lot size
- 0.26 acres
- Waterfront
- Yes Β· 310 ft
- Water access
- Bay/Harbor, Gulf/Ocean, Intracoastal Waterway
- Water view
- Yes
- Exposure
- North
- Flood zone
- AE
- CDD
- No
- Annual taxes
- $37,721/yr
- Listed
- Oct 18, 2026
- MLS #
- A4709990
Estimate the monthly payment
Estimate by Lasbury Tracy Realty β not a loan offerStarting figures for 894 FREELING DR. Everything below is editable.
AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.
From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ β Florida reassesses on sale and homestead caps reset.
Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.
Starts at $0Deliberately zero until you enter a figure β we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.
Include condo, HOA, and master-association dues. CDD assessments usually arrive on the tax bill instead.
AssumptionNot applied β your down payment is 20% or more.
Estimated total monthly payment
$24,907
$18,684 of that is principal & interest. 25% is taxes, insurance and fees β which is why those inputs matter more here than the rate does.
- Principal & interest
- $18,684
- Property taxes
- $3,143
- Homeowners insurance
- $3,079
- Flood insurance
- $0
- HOA / condo fees
- $0
- Mortgage insurance (PMI)
- $0
- Total per month
- $24,907
Over the life of the loan
- Loan amount
- $2,956,000
- Down payment
- $739,000
- Total interest
- $3,770,215
- Principal + interest paid
- $6,726,215
- Paid off in
- 2056
Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.
Calculated on this page from the figures above β nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.
Take a tour
Pick a day that suits you β a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.
894 Freeling Dr, Sarasota, FL 34242
Listing courtesy of GRECO REAL ESTATE Β· MLS# A4709990 Β· Active
Where this home is
Opens on aerial β on this coast the canal, the lot and the neighbours answer more questions than a street grid does.



