$6,725,000
SOLD JAN 30, 2024
4 Beds
5.5 Baths
4,027 Sq Ft
0.46 Acres

Recently Sold

$1,670 Per Sq Ft

7% Below List Price

55 Days on Market

Highlights

  • 150 Feet of Bay Harbor Waterfront
  • White Water Ocean Views
  • Heated In Ground Pool
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean
  • Custom Home

About This Home

As of January 2024

Welcome to 1384 Harbor Drive, an exquisite waterfront residence nestled in the prestigious Harbor Acres neighborhood located just minutes from Downtown Sarasota. Situated on an impressive 150 feet of water frontage, this residence caters to the boating enthusiast. A custom oversized teak dock, equipped with two lifts and ample space for additional boats or personal watercraft on a protected basin, is truly unique. Updated from 2006 to 2008, the home reflects a commitment to quality and sophistication. As you approach, automatic gates welcome you into a tranquil courtyard featuring an impressive marble water fountain, surrounded by impeccably landscaped gardens. The outdoor areas are designed for both intimate gatherings and grand events, offering views of the sunset over the peaceful bay waters. The expansive terrace, accessible from the family and living rooms, comes complete with an outdoor fireplace and grilling area, creating the perfect setting for entertaining. The Mediterranean-influenced backyard gardens complement an infinity-edge pool, handset with thousands of mosaic tiles, providing a luxurious retreat for relaxation and recreation. Featuring 4 bedrooms, 5 full bathrooms, and 1 half bathroom, spread across 4,027 square feet this home showcases meticulous attention to detail and superior craftsmanship. Cozy formal and informal living spaces create plenty of room for family and guests to unwind after a day on the water, at the beach or at one of Sarasota’s nearby cultural events. The kitchen flows seamlessly into the family room and features white cabinetry, professional stainless-steel appliances, an island with bar seating, and a breakfast area with a large picture window showcasing the water views. The primary suite boasts two full bathrooms each with a large walk-in closet. Additional highlights include an elevator, an enormous walk-in wine cellar, a 2,700 ft bonus area, and a six-car custom garage complete with a workroom. With its amazing waterfront location and impeccable design, this residence offers an unparalleled lifestyle. Enjoy all that this location has to offer within minutes to Southside School, Southside Village, Sarasota Memorial Hospital, Siesta Key, and Downtown Sarasota.

Last Agent to Sell the Property

Joel Schemmel

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3060476 Listed on: 11/15/2023

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Kathleen Malley

FIVE STAR REAL ESTATE (TAMPA BRANCH) License #3498580

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,200

Year Built

  • Built in 1996

Lot Details

  • 0.46 Acre Lot
  • 150 Feet of Bay Harbor Waterfront
  • Northwest Facing Home
  • Fenced
  • Mature Landscaping
  • Irregular Lot
  • Well Sprinkler System
  • Landscaped with Trees
  • Property is zoned RSF1

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 6 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener
  • Circular Driveway
  • Secured Garage or Parking
  • Golf Cart Parking

Home Design

  • Custom Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stone Siding
  • Stucco

Interior Spaces

  • 4,027 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Storage Room
  • Inside Utility
  • White Water Ocean Views

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Range<<rangeHoodToken>>
  • Recirculated Exhaust Fan
  • <<microwave>>
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Insulation
  • Ventilation

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Pool Tile
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Seawall
  • Patio
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Schools

  • Southside Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Customized Wheelchair Accessible
  • Flood Zone Lot

Community Details

  • Harbor Acres Community
  • Harbor Acres Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,200

Year Built

Built in 1996

Lot Details

0

HOA Fees

$13 per month

Parking

6

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stone, Stucco
  • Fireplace: Yes
  • Living Area: 4027
  • Lot Size Acres: 0.46
  • New Construction: No
  • Year Built: 1996
  • Accessibility Features: Customized Wheelchair Accessible
  • Building Area Total: 6054
  • Lot Size Sq Ft: 19847
  • Directions to Property: Go South on Orange Avenue from Downtown, turn right on Harbor Drive, another right turn and stay on Harbor Drive to address.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 1669.98
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-364-4000
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Outside
  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble, Wood
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds, Thermal Windows
  • Street Number Modifier: 1384
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Den/Library/Office,Family Room,Formal Dining Room Separate,Formal Living Room Separate,Inside Utility,Storage Rooms
  • Living Area Meters: 374.12
  • Room Count: 12

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Outdoor Kitchen
  • Pool Features: Heated, In Ground, Lighting, Tile
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Patio
  • Road Surface Type: Asphalt, Paved
  • Disclosures: Seller Property Disclosure
  • Water Access: Bay/Harbor,Gulf/Ocean,Intracoastal Waterway
  • Water Extras: Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 150
  • Water Frontage Feet Bay Harbor: 150

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 6
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway, Garage Door Opener, Golf Cart Parking, Oversized, Workshop in Garage

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Public, Sprinkler Well, Street Lights
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Secured Garage / Parking, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 150.00
  • Total Monthly Fees: 12.50
  • Monthly HOA Amount: 12.50

Schools

  • Elementary School: Southside Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2037050007
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: FloodZone, City Limits, Irregular Lot, Paved
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 1844
  • Zoning Compatible YN: 1
  • Future Land Use: 0100

Green Features

  • Efficiency: Insulation
  • Green Indoor Air Qlty: Ventilation
  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Verify with municipality.

Tax Info

  • Tax Annual Amount: 46200
  • Tax Book Number: 0004/0055
  • Tax Lot: 33

Multi Family

  • Waterfront Features: Bay/Harbor
  • Approval Process: Verify with municipality.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2025
Sold by
Falahee Robert Eugene
Bought by
Robert E Falahee Revocable Living Trust and Falahee

Purchase Details

Listed on
Nov 15, 2023
Closed on
Jan 30, 2024
Sold by
Gary C Butler Revocable Declaration Of T
Bought by
Falahee Robert Eugene
Seller's Agent
Joel Schemmel
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Kathleen Malley
FIVE STAR REAL ESTATE (TAMPA BRANCH)
List Price
$7,250,000
Sold Price
$6,725,000
Premium/Discount to List
-$525,000
-7.24%
Views
125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.86%

Purchase Details

Listed on
Aug 30, 2013
Closed on
Dec 6, 2013
Sold by
Cogan Christopher and Cogan Aimee
Bought by
Butler Gary C and The Gary C Butler Revocable Trust
Seller's Agent
Peter G. Laughlin
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Joel Schemmel
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$4,479,000
Sold Price
$4,150,000
Premium/Discount to List
-$329,000
-7.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%

Purchase Details

Closed on
Sep 16, 2008
Sold by
Cogan Christopher G and Cogan Aimee
Bought by
Cogan Christopher and Cogan Aimee

Purchase Details

Closed on
Dec 1, 2003
Sold by
Irace Joseph and Irace Barbara A
Bought by
Cogan Christopher G and Demariano Aimee C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
6.07%

Purchase Details

Closed on
May 31, 2000
Sold by
Johnson James Charles and Johnson Priscilla Mckenzie
Bought by
Irace Joseph and Irace Barbara A

Purchase Details

Closed on
Apr 14, 1995
Sold by
Wood Harold Richard and Wood Rachel R
Bought by
Bond Carroll L and Bond Carroll L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.59%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100 None Listed On Document
Special Warranty Deed $6,725,000 None Listed On Document
Warranty Deed $4,150,000 None Available
Interfamily Deed Transfer -- Attorney
Warranty Deed $2,700,000 --
Warranty Deed $1,989,000 --
Warranty Deed $480,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $750,000 Credit Line Revolving
Previous Owner $400,000 Credit Line Revolving
Previous Owner $2,700,000 No Value Available
Previous Owner $200,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 For Sale $11,475,000 +70.6% $2,850 / Sq Ft
01/30/2024 01/30/24 Sold $6,725,000 -7.2% $1,670 / Sq Ft
01/11/2024 01/11/24 For Sale $7,250,000 0.0% $1,800 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
11/15/2023 11/15/23 For Sale $7,250,000 +74.7% $1,800 / Sq Ft
12/06/2013 12/06/13 Sold $4,150,000 -7.3% $1,031 / Sq Ft
10/01/2013 10/01/13 Pending -- -- --
08/30/2013 08/30/13 For Sale $4,479,000 -- $1,112 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $47,001 $5,218,900 $2,589,500 $2,629,400
2023 $47,001 $3,177,711 $0 $0
2022 $45,985 $3,085,156 $0 $0
2021 $46,384 $2,995,297 $0 $0
2020 $46,968 $2,953,942 $0 $0
2019 $45,805 $2,887,529 $0 $0
2018 $45,089 $2,833,689 $0 $0
2017 $44,590 $2,775,405 $0 $0
2016 $44,403 $3,992,400 $2,183,000 $1,809,400
2015 $45,088 $3,310,300 $1,709,100 $1,601,200
2014 $45,064 $2,099,291 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4588590

Stellar MLS

APN: 2037-05-0007