Steven Koleno

A rare barrier island footprint, this four-parcel ocean-to-bay property offering (PIDs: 422016826003, 422016826005, 422016826007, and 422016826002) spans the entire width of Little Gasparilla Island within the private, low-density Banyan Bayou Land Condominium (The HOA fee is on an as needed basis.). Totaling 0.13 acres with a combined 60' x 96' (5,760 sq. ft.) buildable envelope, this land package includes direct Gulf of America frontage on the ocean side and deeded dock access (Dock 10) on the Placida Harbor side. Parcels 8168 and 8164 sit directly beachfront with unobstructed Gulf views, while Parcels 8158 and 8156 are positioned just behind, creating an ideal configuration for a luxurious multi-structure coastal estate, guest home quarters, or distinct island villas. Buyers may also seek association approval to unify the parcels for a single Oceanfront estate home. Under existing condominium declarations, each lot accommodates a custom home footprint of 1,440+ sqft. Additionally, multi-story construction is permitted, allowing buyers to build upward to maximize interior square footage, capture panoramic 360-degree views of both the Gulf and Bay, and create a sprawling multi-level coastal beach home. The site is ready for immediate design and permitting. Recent natural coastal tides deposited elevated sand across the parcels, creating clean foundation fill, and the land is entirely cleared of any trees—eliminating costly clearing expenses and environmental delays. Crucial island infrastructure is already in place, with electricity, public water, and high-speed internet available. As an owner in Banyan Bayou, each parcel holds a 1/7th undivided interest in the community's shared amenities, including private bay-to-beach access paths and a dock accommodating vessels for quick access to world-class tarpon fishing in Gasparilla Sound and the open Gulf. Accessible only by private boat or local water taxi departing from the mainland like Eldreds Marina, Little Gasparilla Island is a bridgeless Barrier Island sanctuary defined by uncrowded perfect sand beaches, tranquil paths, and pristine Gulf waters. To facilitate a seamless purchase, flexible OWNER FINANCING terms are available with $500,000 down. Boundary surveys and full condominium documentation are available upon request for this rare coastal package.