$5,895,000
$100K PRICE DROP

Estimated payment $34,528/month

Total Views 7,883
5 Beds
5 Baths
6,918 Sq Ft
$852 Price per Sq Ft

Highlights

  • 140 Feet of Bay Harbor Waterfront
  • White Water Ocean Views
  • Access to Bay or Harbor
  • Booker High School Rated A-
  • Dock has access to electricity and water
  • 4-minute walk to Sapphire Shores Park

About This Home

The Seller is willing to consider all reasonable offers including seller financing. Discover one of Sarasota’s best bayfront values with sweeping 270 views of Sarasota Bay, Ca’d’Zan (John Ringling's estate), Longboat Key, and spectacular sunsets. Located on a private cul-de-sac in Ringling Point, this 7,000 sq. ft. estate offers privacy, 17-ft elevation, and direct sailboat water with no fixed bridges, just minutes from downtown. The residence features 5 bedrooms, 3 full and 2 half baths, multiple living areas, soaring 24-ft ceilings, walls of glass framing endless water views, a fireplace and a full-service bar. The chef’s kitchen has custom cabinetry, premium appliances, and a spacious island overlooking the family room with expansive terraces. The owner’s retreat spans an entire wing with private sitting area and fireplace, spa-inspired bath, oversized dressing room, wine room, and full-length terrace. The guest suites, flex rooms, a recording studio, and 4-car garage add versatility. The resort-style outdoor living areas feature a lagoon-style pool, spa, covered terraces, and private dock ideal for yachts and sailboats. With its rare combination of views, quality, and location near downtown, beaches, cultural venues, and SRQ Airport, this estate is a true Sarasota legacy property.

Listing Agent

Barbara May

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #3252897 Listed on: 07/03/2025

MICHAEL SAUNDERS & COMPANY

Co-Listing Agent

Fred Sassen

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #3514536

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,209

Year Built

  • Built in 1999

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 60x160x140x154
  • 140 Feet of Bay Harbor Waterfront
  • Cul-De-Sac
  • Southeast Facing Home
  • Mature Landscaping
  • Private Lot
  • Well Sprinkler System
  • Property is zoned RSF1

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Ground Level Parking
  • Garage Door Opener
  • Circular Driveway
  • Golf Cart Parking

Home Design

  • Florida Architecture
  • Elevated Home
  • Tile Roof
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 6,918 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Shutters
  • Rods
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Storage Room
  • Inside Utility
  • Utility Room
  • White Water Ocean Views
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Convection Oven
  • Range with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Outdoor Shower
  • Outside Bathroom Access
  • Pool Lighting

Outdoor Features

  • Access to Bay or Harbor
  • No Fixed Bridges
  • Seawall
  • Dock has access to electricity and water
  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

  • Bay Haven Sch Of Basics Plus Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Natural Gas Connected
  • Water Filtration System
  • 1 Water Well
  • Tankless Water Heater
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include common area taxes, private road
  • Ringling Point Terry Sheridan Association
  • Sapphire Shores Community
  • Sapphire Shores Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,209

Year Built

Built in 1999

Lot Details

0

HOA Fees

$125 per month

Parking

4

Listing Details

  • HOA Fee Includes: Common Area Taxes, Private Road
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Elevated, Florida
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 6918
  • Lot Size Acres: 0.35
  • New Construction: No
  • Year Built: 1999
  • Building Area Total: 13377
  • Lot Size Sq Ft: 15297
  • Status: Active
  • Co List Office Mls Id: MFR281504998
  • Co List Office Phone: 941-951-6660
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 1242.76
  • Escrow State: FL
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 852.12
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • Planned Unit Development Yn: 0
  • Property Description: Elevated
  • AG Exemption YN: 0
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock w/Electric,Dock w/Water Supply
  • MFR_DockYN: 1
  • Attribution Contact: 941-951-6660
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Fireplace Features: Gas, Living Room, Primary Bedroom, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Marble, Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, PrimaryBedroom Upstairs, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Kitchen Reverse Osmosis System, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Water Filtration System, Water Softener, Wine Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 5
  • Levels: Two
  • Other Equipment: Irrigation Equipment
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Rods, Shutters, Window Treatments
  • Additional Rooms: Den/Library/Office,Family Room,Formal Living Room Separate,Great Room,Inside Utility,Storage Rooms
  • Living Area Meters: 642.70

Exterior Features

  • Direction Faces: Southeast
  • Pool Features: Gunite, Heated, In Ground, Lap, Lighting, Outside Bath Access, Salt Water
  • Exterior Features: Balcony, French Doors, Hurricane Shutters, Lighting, Outdoor Shower, Rain Gutters, Storage
  • Roof: Tile
  • Pool Private: Yes
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio, Rear Porch
  • Road Surface Type: Paved
  • Water Access: Bay/Harbor
  • Water Extras: Bridges - No Fixed Bridges,Sailboat Water,Seawall - Concrete
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 140
  • Flood Zone Panel: 12115C0039G
  • Water Frontage Feet Bay Harbor: 140

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway, Garage Door Opener, Golf Cart Parking, Ground Level, Oversized

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Sprinkler Well, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Number of Wells: 1

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 1500
  • Association Fee Frequency: Annually
  • Association Name: Ringling Point - Terry Sheridan
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Association Email: tshe@frontier.com

Fee Information

  • Total Annual Fees: 1500.00
  • Total Monthly Fees: 125.00
  • Monthly HOA Amount: 125.00

Schools

  • Elementary School: Bay Haven Sch of Basics Plus Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2003080008
  • Additional Parcels: No
  • Lot Features: Cul-De-Sac, Flood Insurance Required, FloodZone, City Limits, Landscaped, Paved, Private
  • Lot Dimensions: 60x160x140x154
  • Flood Zone Code: AE

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: per city of Sarasota

Tax Info

  • Tax Annual Amount: 42209
  • Tax Block: L
  • Tax Book Number: 773-1062
  • Tax Lot: 15

Multi Family

  • Waterfront Features: Bay/Harbor

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $42,209 $2,894,178 -- --
2024 $41,095 $2,812,612 -- --
2023 $41,095 $2,730,691 $0 $0
2022 $40,139 $2,651,156 $0 $0
2021 $40,254 $2,573,938 $0 $0
2020 $40,743 $2,538,400 $970,400 $1,568,000
2019 $39,524 $2,468,259 $0 $0
2018 $38,218 $2,379,000 $1,049,700 $1,329,300
2017 $39,403 $2,429,766 $0 $0
2016 $41,371 $2,464,600 $928,600 $1,536,000
2015 $28,462 $3,576,000 $791,400 $2,784,600
2014 $28,444 $1,639,802 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2025 11/21/25 Price Changed $5,895,000 -1.7% $852 / Sq Ft
07/03/2025 07/03/25 Price Changed $5,995,000 -14.3% $867 / Sq Ft
07/03/2025 07/03/25 For Sale $6,995,000 -- $1,011 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,000,000 Attorney
Warranty Deed $375,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,800,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: Stellar MLS

MLS Number: A4657659

Stellar MLS

APN: 2003-08-0008