Welcome to Bird Key- one of Sarasota's flagship island communities. Available to the market for the first time in nearly 40 years, this fine home is located on peninsular Meadow Lark Drive and represents a special opportunity in a choice location. Options abound for potential buyers as the existing home is well-maintained, however there is an excellent opportunity that exists to develop this 15,000 sq ft lot into your next new home. Bird Key is situated ideally between the heart of downtown Sarasota and Lido Beach, making it a unique neighborhood that maintains a private and quiet feel but is located ideally to beaches, dining, shopping, and prime boating water. With 100 feet of canal frontage, this home is located just five lots from open boating water in the Sarasota Bay with no fixed bridges impeding access. Bird Key's situation just inside Big Pass allows for the beautiful Gulf waters to flow freely in the canal, making for gorgeous scenery and ideal navigation of your watercraft. The seawall was replaced in 2021 making for likely many years of worry-free ownership ahead. The existing home has a spacious and sprawling layout featuring over 2,800 sq ft of living area which includes three bedrooms and three full bathrooms. Separate living room, family room, and dining spaces exist for easy Florida living and the home flows nicely out to the heated pool and spa area. The generous lot size allows for a seating area under the shade trees, and the nice wide canal allows for great views and plenty of fresh breezes. Additionally, the Bird Key Yacht Club is being newly rebuilt and features a marina, tennis facilities, fitness, dining and much more- this is available via a separate membership and additional fee. This is a unique homesite with many special attributes- choose to enjoy the lovely existing home or visualize this parcel as a canvas to build your next chapter on. Schedule your private in-person showing today.