$2,495,000
$255K PRICE DROP

Estimated payment $15,064/month

Total Views 8,327
0.57 Acre
$4,377,193 Price per Acre
24,829 Sq Ft Lot

Highlights

  • 189 Feet of Bay Harbor Waterfront
  • White Water Ocean Views
  • Oversized Lot
  • Booker High School Rated A-
  • 0.57 Acre Lot
  • 3-minute walk to Sapphire Shores Park

About This Lot

Experience unparalleled views of Sarasota Bay and a true sanctuary of native wildlife, from the resident dolphins and manatees to flocks of migrating birds and painted skies at sunset. Located in the highly desirable neighborhood of Sapphire Shores, considered the next West of Trail Hot Spot, this presents an excellent opportunity to own a prime Sarasota Bayfront property. Situated on 0.57 acres with 187 feet of waterfront, this property offers spectacular views of the bay and the Ca d’Zan, the historic former home of John and Mabel Ringling. Sadly, this 2 bedroom 2.5 bathroom midcentury gem sustained storm damage. Just a block from Sapphire Shores Park, a beloved neighborhood gathering place. The property is also centrally located minutes from the Ringling Museum of Art, and the Asolo Theater. Its proximity also offers easy access to downtown Sarasota for shopping, dining, and world-famous beaches. Seller has recently obtained a Survey and confirmed the ability to install dock and boat lift.

Listing Agent

Barbara May

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #3252897 Listed on: 12/27/2024

MICHAEL SAUNDERS & COMPANY

Co-Listing Agent

Fred Sassen

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

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,416

Lot Details

  • 0.57 Acre Lot
  • 189 Feet of Bay Harbor Waterfront
  • South Facing Home
  • Oversized Lot
  • Landscaped with Trees
  • Property is zoned RSF1

Schools

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

Additional Features

  • White Water Ocean Views
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 15 / L
  • Assessor Parcel Number 2003080014

Community Details

Overview

  • Property has a Home Owners Association
  • Sapphire Shores Community
  • Sapphire Shores Subdivision

Recreation

  • Access to Bay or Harbor
  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$15,416

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.57
  • Lot Size Sq Ft: 24930
  • Directions to Property: From Indian Beach Dr and 41, Drive west on Indian Beach Dr, which changes names to Bay Shore Rd. Veer left to stay on Bayshore Road. Turn left on S Shore Drive. Turn right on Sun Cir. The Property is Straight ahead on N Shore at Sun Circle.
  • Status: Active
  • Street Direction: N
  • Co List Office Mls Id: MFR281504998
  • Co List Office Phone: 941-951-6660
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • RATIO Current Price By Calculate: 100.08
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 1
  • MFR_DockYN: 0
  • Attribution Contact: 941-951-6660
  • Tax Year: 2023
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 333

Exterior Features

  • Direction Faces: South
  • View: Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: Bay/Harbor
  • Water Extras: Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 189
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0039G
  • Price Per Acre: 4377193
  • Water Frontage Feet Bay Harbor: 189

Utilities

  • Utilities: Cable Connected, Sewer Connected, Water Connected
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes
  • Association 2 YN: 0
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

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: 2003080014
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: City Limits, Oversized Lot
  • Lot Dimensions: 0
  • Flood Zone Code: AE
  • Lot Size Square Meters: 2316

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 15416
  • 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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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
2024 $15,416 $1,087,703 -- --
2023 $15,416 $1,056,022 $0 $0
2022 $15,095 $1,025,264 $0 $0
2021 $15,211 $995,402 $0 $0
2020 $15,393 $981,659 $0 $0
2019 $15,004 $959,588 $0 $0
2018 $14,764 $941,696 $0 $0
2017 $14,596 $922,327 $0 $0
2016 $14,525 $1,356,600 $1,238,800 $117,800
2015 $14,745 $1,215,600 $1,094,300 $121,300
2014 $14,733 $876,805 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Price Changed $2,495,000 -4.0% $1,260 / Sq Ft
05/12/2025 05/12/25 Price Changed $2,600,000 -5.5% $1,313 / Sq Ft
03/13/2025 03/13/25 For Sale $2,750,000 0.0% $1,389 / Sq Ft
03/09/2025 03/09/25 Pending -- -- --
12/04/2024 12/04/24 For Sale $2,750,000 -- $1,389 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100 None Listed On Document
Warranty Deed -- --
Warranty Deed $540,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $450,000 Adjustable Rate Mortgage/ARM
Previous Owner $450,000 No Value Available
Source: Public Records

Source: Stellar MLS

MLS Number: A4633573

Stellar MLS

APN: 2003-08-0014