Look no further, as this charming bungalow awaits its new owner! Perfect home to live the Florida lifestyle while unlocking the potential of this exceptional offering an expansive lot spanning nearly 12,000 square feet in the coveted West of Trail area, with the added benefit of city approved subdivision into two 5,000+ square foot lots. Positioned for maximum flexibility, this property presents a rare chance to craft a singular luxury coastal estate or capitalize on potential investment returns by developing two speculative homes for resale or rental income. Benefit from this central location approximately 1 block from the Siesta Key North Bridge, with easy access to one of the top beaches in the world. A quick walk to Sarasota Memorial Hospital and Southside Village's gourmet market, shopping and dining. And, a few minutes by car to the best Sarasota downtown dining, shopping and sunsets! This lot has an existing home with a heated pool and spa, making it an excellent rental opportunity while you develop your plans for its next chapter. Don't miss this rare chance in one of Sarasota's best located neighborhoods around! Click the virtual tour for more photos.