$2,390,000
377 Shore Drive
Sarasota, FL 34234
Listing updated: July 14, 2026 at 1:33 PM ET
Listing courtesy of Michael Saunders & Company · Kim Ogilvie · MLS #A4663398 · Active · 941-951-6660Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Amazing opportunity to create your waterfront estate in Sapphire Shores, where history, culture, and growth meet. This 16,378 sq. ft. lot offers 87 feet of water frontage, a private dock, and direct access to Sarasota Bay. Positioned along a quiet shoreline, it overlooks an almost 900-foot-wide deep-water basin, providing both privacy and natural beauty. Sapphire Shores combines legacy estates, striking new builds, and proximity to cultural landmarks such as The Ringling Museum and Asolo Theatre.With the North Trails ongoing transformation, including new developments, zoning updates, Ringling Colleges expansion the neighborhood is emerging as a prime location for luxury residences. Whether for a custom estate or a speculative project, this is a rare chance to secure a large waterfront property in one of Sarasota's most dynamic luxury neighborhoods.
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 history321 days on market
- Status: ActiveAug 27, 2025
- Listed$2,750,000Aug 27, 2025
- Price reduced$2,390,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 321
- Subdivision
- Indian Beach - Sapphire Shores
- County
- Sarasota
- Price/sq ft
- $146
- Lot size
- 16,378 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- AE (12115C0039G)
- Annual taxes
- $21,819 (2025)
- Parcel #
- 2003160023
- Zoning
- RSF1
- MLS #
- A4663398
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Interior Details
- Direction faces
- South
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available, Electricity Available, Public, Sewer Connected, Sprinkler Well, Water Connected
Community
- Pets allowed
- Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Listing Details
- Listing date
- 2025-08-27
- On market date
- 2025-08-27
- Original list price
- $2,750,000
- MLS area
- 34234 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2025-08-27
- Tax legal description
- LOT 2 SAPPHIRE SHORES RESUB OF BLK M
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 US 41, turn onto 47th Street, then right on Bay Shore Drive, left onto S. Shore Drive. Home will be on the right side of the street.
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Listing provided by Stellar MLS
Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of July 14, 2026 at 1:33 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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