$2,900,000
3931 Bay Shore Road
Sarasota, FL 34234
Listing updated: June 25, 2026 at 3:27 PM ET
Listing courtesy of Fine Properties · Alexis Ainslie Brown · MLS #A4649616 · Pending · 941-782-0000Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Under contract-accepting backup offers. Virtually Staged. Move-in ready luxury "Beyond the Gates" of Sarasota Bay. Nestled in the historic Indian Beach–Sapphire Shores neighborhood, this single-level bayfront retreat offers 3,000 sq. ft. of refined living space. "Effective Year Built: (2005) per County Tax Records. Reimagined in 2010 and freshly updated interior and landscaping in 2025, the residence features a metal roof and full impact windows for total peace of mind. The 4-bedroom, 3-bath interior captures amazing sunset views through expansive glass, flowing effortlessly to a private bayfront pool. A rare opportunity for both luxury living and investment potential, this Sarasota Bay waterfront estate allows weekly rentals and is ideally positioned to capitalize on Sarasota's thriving vacation rental market. The combination of direct bay frontage, stunning sunsets, private pool, extensive 2025 renovations, and proximity to downtown Sarasota, Longboat Key, St. Armands Circle, IMG Academy, and SRQ Airport creates broad appeal for seasonal and short-term guests seeking a premier waterfront experience.Enjoy a private sanctuary only 10 minutes from Downtown Sarasota. Potential for ADU and short term rental subject to City of Sarasota regulations.
Local Insight
This 1950s waterfront property sits in both AE and VE flood zones, which means flood insurance will be mandatory and likely expensive—factor that into your true carrying costs before getting attached to the bayfront location. At $963/sqft for a nearly 75-year-old home, you're paying a waterfront premium, so the real question is whether the direct water access and pool justify that price against potential foundation issues, hurricane exposure, and the ongoing cost of maintaining a older coastal property in a high-risk zone.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history412 days on market
- Status: PendingJun 16, 2026
- Listed$4,200,000Apr 30, 2025
- Price reduced$2,900,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Pending
- Days on market
- 412
- Subdivision
- Indian Beach Map Of
- County
- Sarasota
- Year built
- 1950
- Living area
- 3,012 sq ft
- Price/sq ft
- $963
- Building area
- 3,924 sq ft (Public Records)
- Lot size
- 21,484 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- AE,VE (12115C0131G)
- Garage
- 2 spaces
- Pool
- Private pool
- Annual taxes
- $21,088 (2024)
- Parcel #
- 2004120002
- Zoning
- RSFE
- MLS #
- A4649616
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Interior Details
- Bedrooms
- 4
- Full bathrooms
- 3
- Flooring
- Luxury Vinyl, Tile
- Appliances
- Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer, Water Softener, Wine Refrigerator
- Interior features
- Built-in Features, Ceiling Fans(s), Central Vaccum, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Window Treatments
- Laundry
- Laundry Room
- Stories / Levels
- One
- Direction faces
- East
- Fireplace
- Yes
Heating & Cooling
- Heating
- Electric, Natural Gas
- Cooling
- Central Air, Mini-Split Unit(s)
Parking
- Garage spaces
- 2
- Attached garage
- Yes
- Parking features
- Driveway, Garage Door Opener
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 1 Week
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- See city and county rules and regulations
Exterior & Construction
- Exterior features
- Lighting, Private Mailbox, Sliding Doors, Storage
- Construction materials
- Block, Stucco
- Roof
- Metal
- Foundation
- Slab
- Pool
- Private pool
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available, Natural Gas Connected, Sewer Connected, Sprinkler Well
Community
- Pets allowed
- Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | 14x17 |
| Kitchen | First | 12x18 |
| Dining Room | First | 22x12 |
| Great Room | First | 22x16 |
| Primary Bedroom | First | 23x12 |
| Primary Bathroom | First | 11x20 |
| Bedroom 1 | First | 13x18 |
| Bathroom 1 | First | 5x11 |
| Laundry | First | 15x7 |
| Bedroom 2 | First | 12x15 |
| Bathroom 2 | First | 7x8 |
| Bedroom 3 | First | 12x15 |
| Den | First | 11x11 |
| Balcony/Porch/Lanai | First | 22x12 |
Listing Details
- Listing date
- 2025-04-30
- On market date
- 2025-04-30
- Original list price
- $4,200,000
- Occupant type
- Vacant
- MLS area
- 34234 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-06-16
- Tax legal description
- BEG WHERE THE N LINE OF BLK 47 INTRS WITH W LINE OF BRISTOL AVE TH S-31-40-E 75 FT ALG WLY LINE OF BRISTOL AVE EXT TH S-89-18-W LINE OF BRISTOL AVE EXT TH 320 FT M/L TO SARASOTA BAY TH N-37-31-W 85
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From intersection of N. Tamiami Trail and University Parkway, go WEST on Ringling Plaza, then left on Bay Shore Rd, continue on Bay Shore Rd to 3931 Bay Shore Rd, home is on the right.
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Based on information submitted to the MLS GRID as of June 25, 2026 at 3:27 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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