Nestled in the secluded Cocoanut Bayou neighborhood on North Siesta Key, this nearly half-acre lushly landscaped wooded property offers an array of possibilities for enjoying a tranquil island lifestyle. An Old Florida-style 2-bedroom, 3.5-bath cottage with a circular driveway currently sits on the 19,888-square foot lot, offering you an opportunity to start fresh and build your island dream home. Cocoanut Bayou is a community of about 50 homes ranging from magnificent waterfront estates to beach bungalows dating back to the 1950s and 60s. For an annual fee this property is eligible to join the Coconut Bayou Association, granting private beach access and is a short stroll to Out-of-Door Academy, less than a mile from charming Siesta Village, 2 miles from world-renowned Siesta Beach and 5 miles from vibrant downtown Sarasota’s dining, shopping and cultural arts scene.