Lot 8 & 9 NUTMEG AVENUE, SARASOTA, FL, 34231
Active79 days on marketListed May 19, 2026MLS #A4694121
About this home
Lot 8 & 9 NUTMEG AVENUE
RARE DOUBLE LOT - EXPANSIVE PRIVATE SANCTUARY IN RIDGEWOOD HEIGHTS for your New Construction Home! Build your ultimate dream home on this oversized, 100' x 138' lot spanning over a third of an acre. Nestled on a quiet DEAD-END street literally steps away from the 72-acre Red Bug Slough Preserve, this property offers unmatched privacy and refreshing unobstructed preserve views. Best of all, NO HOA and NO CDD - bring your boat, RV, and custom design visions! Live in a true urban oasis next to 3 miles of tree-lined walking or bicycle trails, yet minutes from Sarasota's best amenities. PRIME SARASOTA LOCATION: *Siesta Key: 5 miles to world's favorite white-sand beaches *Downtown & Culture: 5-7 miles to Downtown Sarasota, The Bay Front Park, Sarasota Opera House, Van Wezel, and award-winning Selby Gardens *Medical: 4 miles to Sarasota Memorial Hospital (named as the top hospital in Florida and #25 nationwide in MONEY's 2025 "Best Hospitals" report) * 2 miles from upscale daily shopping and dining at The Landings Shopping Center. TOP-RATED PUBLIC EDUCATION: This property is located within the highly desirable, A-rated Sarasota County School District - consistently recognized as one of the top -performing districts in Florida. The area is also home to Pine View School (Grades 2–12), a dedicated magnet program that is nationally ranked among the top public high schools in the United States for gifted education. BUILDER / DEVELOPER POTENTIAL: While currently zoned for a single-family home (RSF-3), the lot can be converted back into two parcels, potentially allowing for the construction of one home on each lot (Buyer to confirm utilities and subdivision requirements with Sarasota County). Don't let this slice of paradise get away—call for details today!
Facts & features
The home at a glance
0.32 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$2,512 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,512/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Sarasota
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sarasota. See the full Sarasota guide →
SARASOTA 34231 — neighborhood snapshot
Population
32,203
Median age
55.1
Median income
$69,721
Median home value
$363,400
Avg household
2.03
Households w/ children
2,803
For the school run
Sarasota County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Sarasota market
$475K → $493K
Sarasota median sold, yr/yr
95.2%
Sale-to-list ratio (12 mo)
Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 59% above the SARASOTA 34231 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near Lot 8 & 9 NUTMEG AVENUE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$187,500
1005 W WASHINGTON STREET · same community
2 bd · 2 ba · 848 sqft · $221/sqft · 41 DOM
Sold · Jul ’26$159,600
1112 W MADISON STREET · same community
3 bd · 1 ba · 925 sqft · $173/sqft · 93 DOM
Sold · Dec ’25$135,000
810 W BALL STREET · same community
3 bd · 1 ba · 1,125 sqft · $120/sqft · 14 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about Lot 8 & 9 NUTMEG AVENUE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for Lot 8 & 9 NUTMEG AVENUE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
Lot 8 & 9 NUTMEG AVENUE FAQs
What would the monthly payment be for Lot 8 & 9 NUTMEG AVENUE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,512/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on Lot 8 & 9 NUTMEG AVENUE?+
The most recent tax bill on record (2025) was $1,713. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Sarasota?+
At $349,000, this home is listed about 39% below the Sarasota median of $569,000. The market section on this page shows how the area is trending.
Which schools are assigned to Lot 8 & 9 NUTMEG AVENUE?+
Phillippi Shores Elementary School (elementary), Riverview High School (high), Brookside Middle School (middle) — Sarasota County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$349,000 runs 59% above the SARASOTA 34231 median.
02Park/Greenbelt & Trees/Woods views
The park/greenbelt and trees/woods view is part of what you're buying — views hold value independently of the structure.
03Strong assigned schools
Phillippi Shores Elementary School, Riverview High School, Brookside Middle School — Phillippi Shores Elementary School rates 5 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $375,000, now $349,000 — a $26K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of COLDWELL BANKER REALTY · Veronica Lee. MLS #A4694121.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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