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Restore a piece of architectural history or build your dream home on this prime waterfront lot on Bay Island, the gateway to Siesta Key and one of the island’s exclusive communities. Designed by renowned architect Ben Baldwin, a leading figure in the Mid-Century Modern movement, this residence offers timeless design and exceptional potential. The existing 3,321-square-foot concrete block home features 14 glass sliders, skylights and serene views of bamboo, palms and the lagoon. Baldwin’s vision of light, scale and nature is intact—awaiting restoration after flood remediation. The property includes an 11,458=-square-foot corner lot with lush landscaping, a tranquil lagoon/canal with easy bay access, and a detached space once used as a professional darkroom—ideal for conversion to a guest suite. Featured in Key Life Magazine — link: yourobserver.com/news/2024/feb/01/owners-siesta-home-preserve-modern-lineage). In the City of Sarasota limits, an excellent investment with seven-day minimum rental period. Minutes to Siesta Key Beach, Siesta Village and Sarasota’s mainland. This is the lowest-priced waterfront home in Bay Island, offering a rare opportunity to own and restore a Sarasota architectural treasure.
Property Details
Price: $1,395,000
Sq Ft: 2,628
($531 per sqft)
Bedrooms: 3
Bathrooms: 3
City: Sarasota
County: Sarasota
Type: Single Family Reside
Development: Bay Island
Acres: 0.26
Virtual Tour/Floorplan:
View
Year Built: 1955
Listing Number: A4667437
Status Code: A-Active
Taxes: $5,697.00
Tax Year: 2024
Furnishings: Unfurnished
Pets Allowed: Yes
Interior Features:
Eat-in Kitchen
High Ceilings
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Thermostat
Financial Information:
Taxes: $5,697.00
Tax Year: 2024
Exterior Features:
Balcony
Courtyard
Garden
Sliding Doors
Equipment:
None
View:
Garden
Trees/Woods
Water
Waterfront Description:
Bayou
School Information:
Elementary School: Phillippi Shores Elementary
Middle School: Sarasota Middle
Junior High: Sarasota Middle
High School: Sarasota High
Additional Information:
MLS Area: 34242 - Sarasota/Crescent Beach/Siesta Key
Price per Square Feet: $530.82
Total Floors: 2
Water: Public
Lot Desc.: Corner Lot, Floodzone, City Limits, Landscaped, Near Public Transit, Private, Street Dead-End, Paved
Construction: Block, Concrete
Date Listed: 2025-10-09 20:49:48
Pool: No
Private Spa: No
Furnished: Unfurnished
Windows: Skylight(S), Aluminum Frames
Parking: Driveway, Ground Level, Guest, On Street
Flooring: Ceramic Tile, Terrazzo, Tile
Roof: Shingle
Heating: Central, Electric, Exhaust Fan, Heat Pump
Cooling: Central Air
Pets: Yes
Sewer: Public Sewer
Map of 3721 Flamingo Avenue, Sarasota, FL 34242
Listing Courtesy Of: Premier Sothebys International Realty
Judie.Berger@premiersir.com